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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
BAERT FILIP from Lebbeke, company number BE0875223872, closed financial year 2026 with a result of € -31,410 after tax. For that financial year BAERT FILIP recorded a gross margin of € 219,191 and equity of € -143,340. Compared with financial year 2025, the result moved from € -97,035 to € -31,410. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2026.
€ -143,340
▼ € 31,410 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,410
▲ 68 % less loss than in 2025
Profit after tax over the fiscal year.
€ 66,573
▼ 35% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2026
1
Average over the fiscal year, from the social balance sheet.
€ 48,762
▲ 4% vs 2025
€ 48,800 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.
€ 16,311
▼ 86% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 574,100
▼ 11% vs 2025
€ 18,368 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,171
▼ 43% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 18,044
▲ 113% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 169,020 | € 279,183 | € 184,854 | € 219,191 | ▲ 19% |
| Profit after taxes | € -79,821 | € 2,865 | € -97,035 | € -31,410 | ▲ € 65,625 |
| Equity | € -17,760 | € -14,896 | € -111,931 | € -143,340 | ▼ € 31,410 |
| Total debts | € 3,688,113 | € 5,420,279 | € 8,556,993 | € 8,413,035 | ▼ 2% |
| Cash | € 304,672 | € 162,843 | € 102,082 | € 66,573 | ▼ 35% |
| Land & buildings | € 532,525 | € 440,642 | € 333,901 | € 270,290 | ▼ 19% |
| Retained profit | € -1,017,760 | € -1,014,896 | € -1,111,931 | € -1,143,340 | ▼ € 31,410 |
| Bank debt | € 728,111 | € 638,072 | € 645,993 | € 574,100 | ▼ 11% |
| Balance sheet total | € 3,670,352 | € 5,405,383 | € 8,445,062 | € 8,269,695 | ▼ 2% |
| Employees (FTE) | - | 1 | 1 | 1 |
Key figures of BAERT FILIP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BAERT FILIP?
What happened at BAERT FILIP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 31,410. Source: NBB ↗
- New establishment in Lebbeke. KBO
- Start of the company according to the CBE. KBO
- Filip Baert became a director. NBB
In short
From € 79,821 loss in 2023 to € 31,410 loss in 2026.
Paid € 9,276 in corporate taxes since 2023.
Best year ever: 2024, with € 2,865 profit.
On average € 219,200 of value added per employee in 2026.
Management
Behind BAERT FILIP is Filip Baert. Filip Baert is also behind IMMO GRUUTHOVE and IMMO BAERT.
Directors
According to the 2026 annual accounts
since 2005
Establishments
Establishment units
Physical locations of this company
Korte Breestraat 14
9280 Lebbeke
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
- 0875.223.872
- VAT number
- BE 0875.223.872
- Registered office
- Korte Breestraat 14, 9280 Lebbeke
- Names & denominations
- BAERT FILIP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2005
- Peppol
- Active · Active since 22 Dec 2024
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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