Financials
Financial year 2025
BAERT G.E. from Sint-Gillis-Waas, company number BE0865090342, closed financial year 2025 with a result of € 325,534 after tax. For that financial year BAERT G.E. recorded a gross margin of € 1.7 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 242,111 to € 325,534. Profitable, and profit is growing. 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 March 26, 2026.
€ 1.9 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 325,534
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 99,110 paid out
30 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
19.9
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 27% vs 2024
€ 55,400 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.
€ 70,705
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 75,405
▼ 35% vs 2024
Loans from banks and other lenders, long and short.
€ 172,868
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,257
▲ 99% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,406,854 | € 1,336,770 | € 1,331,407 | € 1,678,313 | ▲ 26% |
| Profit after taxes | € 310,058 | € 262,869 | € 242,111 | € 325,534 | ▲ 34% |
| Equity | € 1,330,907 | € 1,520,590 | € 1,691,302 | € 1,917,726 | ▲ 13% |
| Total debts | € 624,625 | € 483,760 | € 515,981 | € 334,531 | ▼ 35% |
| Cash | € 892,765 | € 957,215 | € 1,039,463 | € 1,112,467 | ▲ 7% |
| Retained profit | € 1,265,907 | € 1,455,590 | € 1,626,302 | € 1,852,726 | ▲ 14% |
| Dividend | € 0 | € 73,186 | € 71,399 | € 99,110 | ▲ 39% |
| Bank debt | € 166,970 | € 141,733 | € 116,074 | € 75,405 | ▼ 35% |
| Balance sheet total | € 1,955,532 | € 2,004,350 | € 2,207,283 | € 2,252,257 | ▲ 2% |
| Employees (FTE) | 18.6 | 18 | 18.4 | 19.9 | ▲ 1.5 |
Key figures of BAERT G.E., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to BAERT G.E.?
What happened at BAERT G.E. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 325,534 (▲ 34% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
- Erik Baert became a director. NBB
- Gerard Baert became a director. NBB
- Berlinda Dhondt became a director. NBB
In short
From € 310,058 profit in 2022 to € 325,534 profit in 2025.
Paid € 532,272 in corporate taxes since 2022.
Best year ever: 2025, with € 325,534 profit.
On average € 84,300 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
Behind BAERT G.E. are Erik Baert, Gerard Baert and Berlinda Dhondt. Gerard Baert is also behind Giguri.
Directors
According to the 2025 annual accounts
Erik Baert
Director
since 2004
since 2004
Berlinda Dhondt
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Zandstraat(SP) 59
9170 Sint-Gillis-Waas
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
- 0865.090.342
- VAT number
- BE 0865.090.342
- Registered office
- Zandstraat(SP) 59, 9170 Sint-Gillis-Waas
- Names & denominations
- BAERT G.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overig loodgieterswerk
Sanitaire werkzaamheden
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies