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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CROES - BAILLEUL from Aalst, company number BE0864712141, closed financial year 2025 with a result of € 596,228 after tax. For that financial year CROES - BAILLEUL recorded a gross margin of € 963,140 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 819,884 to € 596,228. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 3.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 596,228
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 251,089
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 480,282 paid out
81 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.5
Average over the fiscal year, from the social balance sheet.
€ 32,407
▼ 4% 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.
€ 402,550
▲ € 354,036 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,214
▲ 10% vs 2024
€ 39,292 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 63,608
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 204,722
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,256,008 | € 1,044,820 | € 1,084,507 | € 963,140 | ▼ 11% |
| Profit after taxes | € 720,415 | € 589,857 | € 819,884 | € 596,228 | ▼ 27% |
| Equity | € 3,231,498 | € 3,381,988 | € 3,470,898 | € 3,586,843 | ▲ 3% |
| Total debts | € 1,240,266 | € 1,242,047 | € 1,475,115 | € 1,426,179 | ▼ 3% |
| Cash | € 233,596 | € 305,808 | € 233,617 | € 251,089 | ▲ 7% |
| Land & buildings | € 1,725,160 | € 1,639,973 | € 1,583,439 | € 1,521,095 | ▼ 4% |
| Retained profit | € 3,225,298 | € 3,375,788 | € 3,464,698 | € 3,580,643 | ▲ 3% |
| Dividend | € 167,224 | € 439,367 | € 730,975 | € 480,282 | ▼ 34% |
| Bank debt | € 405,020 | € 366,308 | € 276,286 | € 304,214 | ▲ 10% |
| Balance sheet total | € 4,471,764 | € 4,624,035 | € 4,946,013 | € 5,013,021 | ▲ 1% |
| Employees (FTE) | 0.5 | 0.5 | 0.5 | 0.5 |
Key figures of CROES - BAILLEUL, 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 CROES - BAILLEUL?
What happened at CROES - BAILLEUL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 596,228 (▼ 27% vs 2024). filed late Source: NBB ↗
- New establishment in Dendermonde. KBO
- New establishment in Aalst. KBO
- Romaric Croes became a director. NBB
- Start of the company according to the CBE. KBO
- Els Bailleul became a director. NBB
- New establishment in Aalst. KBO
In short
From € 720,415 profit in 2022 to € 596,228 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 819,884 profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
Behind CROES - BAILLEUL are Els Bailleul and Romaric Croes. Romaric Croes is also behind King Upkot.
Directors
According to the 2025 annual accounts
Els Bailleul
Director
since 2004
since 2011
Establishments
Establishment units
Physical locations of this company
Schippersweg 1
9310 Aalst
Moorselbaan 164
9300 Aalst
Active since 7 April 2004
Kroonveldlaan 50
9200 Dendermonde
Active since 13 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0864.712.141
- VAT number
- BE 0864.712.141
- Registered office
- Schippersweg 1, 9310 Aalst
- Names & denominations
- CROES - BAILLEUL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van medisch specialisten
Medische praktijken