Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Baert Karel from Dendermonde, company number BE0861006939, closed financial year 2024 with a result of € -4,784 after tax. For that financial year Baert Karel recorded a gross margin of € 116,967 and equity of € 49,188. Compared with financial year 2023, the result moved from € 3,436 to € -4,784. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 49,188
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,784
▼ still € 3,436 profit in 2023
Profit after tax over the fiscal year.
€ 7,952
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,788.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 77,885
▲ 5% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,638
▼ 42% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 230,516
▼ 15% vs 2023
€ 30,103 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 29,144
▼ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,376
▲ 68% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 114,081 | € 163,286 | € 131,257 | € 116,967 | ▼ 11% |
| Profit after taxes | € 5,248 | € 8,795 | € 3,436 | € -4,784 | ▼ € 8,220 |
| Equity | € 41,741 | € 50,536 | € 53,972 | € 49,188 | ▼ 9% |
| Total debts | € 314,017 | € 336,260 | € 323,618 | € 269,702 | ▼ 17% |
| Cash | € 6,373 | € 8,850 | € 10,419 | € 7,952 | ▼ 24% |
| Land & buildings | € 206,555 | € 253,819 | € 229,086 | € 206,542 | ▼ 10% |
| Retained profit | € 29,341 | € 38,136 | € 41,572 | € 36,788 | ▼ 12% |
| Bank debt | € 281,023 | € 282,374 | € 269,735 | € 230,516 | ▼ 15% |
| Balance sheet total | € 355,757 | € 386,795 | € 377,591 | € 318,891 | ▼ 16% |
Key figures of Baert Karel, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Baert Karel?
What happened at Baert Karel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,784 (▼ € 8,220 vs 2023). filed late Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,248 profit in 2021 to € 4,784 loss in 2024.
Paid € 7,589 in corporate taxes since 2021.
Best year ever: 2022, with € 8,795 profit.
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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
Directors
According to the 2024 annual accounts
Karel Baert
Manager
Establishments
Establishment units
Physical locations of this company
Eegene 110
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.006.939
- VAT number
- BE 0861.006.939
- Registered office
- Eegene 110, 9200 Dendermonde
- Names & denominations
- Baert Karel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2003
- Peppol
- Active · Active since 25 Apr 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden