Financials
Financial year 2025
Baro Projects from Assenede, company number BE0878695185, closed financial year 2025 with a result of € 34,575 after tax. For that financial year Baro Projects recorded revenue of € 2 million and equity of € 177.4 million. Compared with financial year 2024, the result moved from € 50,885 to € 34,575. 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 August 31, 2026.
€ 177.4 million
▲ € 146.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,575
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 481,927
▲ € 463,048 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 928,960.
People and assets in 2025
1.6
Average over the fiscal year, from the social balance sheet.
€ 134,873
€ 84,300 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.
€ 21,924
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.5 million
▲ 14% vs 2024
€ 239,944 is repaid this year. At this pace the long-term loan is gone in ≈ 60 years.
€ 258,376
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 30,409
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 1,979,689 | |
| Gross margin | € -60,084 | € -224,983 | € -704,310 | - | |
| Profit after taxes | € -289,666 | € 62,976 | € 50,885 | € 34,575 | ▼ 32% |
| Equity | € 809,788 | € 30,871,830 | € 30,921,782 | € 177,385,700 | ▲ € 146.5 million |
| Total debts | € 20,076,589 | € 19,919,741 | € 18,267,738 | € 21,412,359 | ▲ 17% |
| Cash | € 200,154 | € 327,193 | € 18,879 | € 481,927 | ▲ € 463,048 |
| Land & buildings | € 3,234,921 | € 3,132,112 | € 3,041,929 | € 2,933,773 | ▼ 4% |
| Retained profit | € 780,525 | € 843,500 | € 894,385 | € 928,960 | ▲ 4% |
| Bank debt | € 19,296,245 | € 13,026,573 | € 12,769,959 | € 14,545,552 | ▲ 14% |
| Balance sheet total | € 20,886,377 | € 50,791,571 | € 49,189,520 | € 198,798,058 | ▲ € 149.6 million |
| Employees (FTE) | 2.3 | 2 | 1.6 | 1.6 |
Key figures of Baro Projects, 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 Baro Projects?
What happened at Baro Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,575 (▼ 32% vs 2024). filed late Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 289,666 loss in 2022 to € 34,575 profit in 2025.
Paid € 24,697 in corporate taxes since 2022.
Best year ever: 2023, with € 62,976 profit.
Pays suppliers within 38 days on average.
A new publication or filing at Baro Projects? We notify you, reason included.
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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 Baro Projects is Samuel Baro. It owns 100% of Immodeba, 100% of Durbuy Vastgoed, 100% of Planet BC, 100% of Feestkwartier, 100% of Qwiezine and 100% of Jemeppe Events & Horeca itself.
Directors
According to the 2025 annual accounts
Samuel Baro
Director
Also active at: KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling, Audio Video Studio Oostvlaamse Televisie, HR SQUARE Group, REFLEX HEALTHCARE PEOPLE, HR SQUARE, CENTURION, Planet Group Interim & Recruitment, Well Played +37 more
Establishments
Establishment units
Physical locations of this company
Abdijstraat 40
9968 Assenede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMODEBA same network
€ 17,945 gross margin · 2025
CENTURION same network
€ 199,641 gross margin · 2025
't Molenhuis same network
€ 1,438 gross margin · 2025
QWIEZINE same network
€ 18,718 gross margin · 2025
DURBUY Vastgoed same network
€ -9,467 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.695.185
- VAT number
- BE 0878.695.185
- Registered office
- Abdijstraat 40, 9968 Assenede
- Names & denominations
- Baro Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Arbeidsbemiddeling
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Interimkantoren en tijdelijke tewerkstelling
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
+2