Financials
Financial year 2025
BAAC Vlaanderen from Assenede, company number BE0828474822, closed financial year 2025 with a result of € 496,134 after tax. For that financial year BAAC Vlaanderen recorded a gross margin of € 3.1 million and equity of € 905,507. Compared with financial year 2024, the result moved from € 240,099 to € 496,134. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 905,507
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 496,134
▲ 107% vs 2024
Profit after tax over the fiscal year.
€ 481,429
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
91 % of the profit went to the shareholders, mostly to Archeologie en Erfgoed (94 % of the shares). That is where the money ends up.
People and assets in 2025
37.1
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 7% vs 2024
€ 63,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 86,489
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 136,581
▼ 57% vs 2024
€ 65,637 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 286,129
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 359,850
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,746,108 | € 2,830,735 | € 2,704,509 | € 3,145,810 | ▲ 16% |
| Profit after taxes | € 83,076 | € 73,727 | € 240,099 | € 496,134 | ▲ 107% |
| Equity | € 1,430,639 | € 1,504,366 | € 906,797 | € 905,507 | |
| Total debts | € 1,289,437 | € 913,166 | € 1,455,152 | € 1,286,906 | ▼ 12% |
| Cash | € 415,105 | € 872,559 | € 399,306 | € 481,429 | ▲ 21% |
| Retained profit | € 1,412,089 | € 1,485,816 | € 888,247 | € 886,957 | |
| Dividend | € 0 | € 0 | € 800,000 | € 450,000 | ▼ 44% |
| Bank debt | € 479,159 | € 414,121 | € 320,042 | € 136,581 | ▼ 57% |
| Balance sheet total | € 2,833,816 | € 2,548,512 | € 2,506,313 | € 2,343,778 | ▼ 6% |
| Employees (FTE) | 44.4 | 42.1 | 35.3 | 37.1 | ▲ 1.8 |
Key figures of BAAC Vlaanderen, fiscal years 2022 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 BAAC Vlaanderen?
What happened at BAAC Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 496,134 (▲ 107% vs 2024). Source: NBB ↗
- Cindy Kenis became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
- New establishment in Evergem. KBO
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
- Jeroen Vanden Borre became a director. NBB
In short
From € 83,076 profit in 2022 to € 496,134 profit in 2025.
Paid € 390,034 in corporate taxes since 2022.
Best year ever: 2025, with € 496,134 profit.
On average € 84,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Archeologie en Erfgoed comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAAC VlaanderenBehind BAAC Vlaanderen are Jeroen Vanden Borre and Cindy Kenis. The shares are held by Archeologie en Erfgoed (94%). It owns 70% of Conflict Zone Advice & Remediation itself.
Directors
According to the 2025 annual accounts
since 2010
since 2024
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Hendekenstraat 49
9968 Assenede
Delori-Maeslaan 19
9940 Evergem
Active since 1 July 2013
Zandstraat 5
2223 Heist-op-den-Berg
Active since 1 August 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0828.474.822
- VAT number
- BE 0828.474.822
- Registered office
- Hendekenstraat 49, 9968 Assenede
- Names & denominations
- BAAC Vlaanderen · BAAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 2010
- Peppol
- Active · Active since 1 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van historische locaties en monumenten
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Exploitatie van monumenten en dergelijke toeristenattracties
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied