Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
Found & Baker Group from Brugge, company number BE0790441122, closed financial year 2025 with a result of € 539,927 after tax. For that financial year Found & Baker Group recorded a gross margin of € -38,214 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 156,519 to € 539,927. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 1.1 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 539,927
▲ 245% vs 2024
Profit after tax over the fiscal year.
€ 122,780
▲ 141% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 280,000 paid out
52 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 60,632
▲ 215% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58,198
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 13% vs 2024
€ 351,179 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 78,239
▲ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,543
▲ € 7,342 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -3,415 | € -50,152 | € -38,214 | ▲ € 11,939 |
| Profit after taxes | € 681,555 | € 156,519 | € 539,927 | ▲ 245% |
| Equity | € 706,555 | € 863,074 | € 1,123,001 | ▲ 30% |
| Total debts | € 2,983,729 | € 2,821,136 | € 2,745,853 | ▼ 3% |
| Cash | € 272,547 | € 50,898 | € 122,780 | ▲ 141% |
| Retained profit | € 681,555 | € 838,074 | € 1,098,001 | ▲ 31% |
| Dividend | € 0 | € 0 | € 280,000 | |
| Bank debt | € 2,982,069 | € 2,725,186 | € 2,382,644 | ▼ 13% |
| Balance sheet total | € 3,690,284 | € 3,684,210 | € 3,868,853 | ▲ 5% |
Key figures of Found & Baker Group, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Found & Baker Group?
What happened at Found & Baker Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 539,927 (▲ 245% vs 2024). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 681,555 profit in 2023 to € 539,927 profit in 2025.
Paid € 499 in corporate taxes since 2023.
Best year ever: 2023, with € 681,555 profit.
Paid out € 280,000 in dividends to the owners in total.
Management
Behind Found & Baker Group are BERLAUR BVBA and HILLS INVEST BV. The same people are also behind FOUND & BAKER, Found & Baker Properties Gent, FOUND & BAKER PROPERTIES BRUSSEL, Terrae One and Found & Baker Hasselt. BERLAUR BVBA is also behind DEBA INVEST.
Directors
According to the 2025 annual accounts
Director · represented by Phillipe de Backer
Also active at: DEBA INVEST, FOUND & BAKER, Found & Baker Properties Gent, FOUND & BAKER PROPERTIES BRUSSEL, Terrae One, Found & Baker Hasselt
Director · represented by David Fonteyne
Also active at: FOUND & BAKER, Found & Baker Properties Gent, FOUND & BAKER PROPERTIES BRUSSEL, Terrae One, Found & Baker Hasselt
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencelaan 70
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.441.122
- VAT number
- BE 0790.441.122
- Registered office
- Hendrik Consciencelaan 70, 8000 Brugge
- Names & denominations
- Found & Baker Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2022
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Holdings
Activiteiten van holdings