ACTIVE

BAERT

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Financial year 2025 · Closed on 31/12/2025

Net result451,2 k €-62,4 %over 1 year

Revenue21,2 M €+37,6 %over 1 year

Equity5,3 M €+39,8 %over 1 year

Workforce49,7 ETP+61,9 %over 1 year

Identity

Source · BCE/KBO

BAERT is a Public limited company incorporated in 1985. Its main activity is: Wholesale of other household goods. Its registered office is in Ternat. It employs on average 49,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.326.570
Incorporation: 05/06/1985
Legal form: Public limited company
Registered office: Essenestraat 16
1740 Ternat · FlandreSee on map
Contributed capital: 200 262,15 €
Latest accounts: 31/12/2025
Average workforce: 49,7 ETP

Activities (NACE)

46492Wholesale of other household goods· main 46492Wholesale of other household goods 51475Air transport

Joint committees (6)

100
10000
10900
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	21,2 M €	+37.6%	15,4 M €	+17.9%	13,1 M €	+5.4%	12,4 M €	+11.6%	11,1 M €
EBITDA	1 M €	-48.8%	2 M €	+10.3%	1,8 M €	+35.7%	1,3 M €	+35.9%	968 k €
Operating result	684 k €	-60.1%	1,7 M €	+20.2%	1,4 M €	+45.5%	979,6 k €	+87.7%	522 k €
Net result	451,2 k €	-62.4%	1,2 M €	+22.4%	978,8 k €	+40.4%	697 k €	+102%	345,9 k €
Balance sheet
Equity	5,3 M €	+39.8%	3,8 M €	-17.5%	4,6 M €	+27.1%	3,6 M €	-26.9%	4,9 M €
Total assets	10,2 M €	+3.6%	9,8 M €	+15.8%	8,5 M €	-12.3%	9,7 M €	-3.6%	10 M €
Cash	1,1 M €	-41.8%	1,8 M €	+8.3%	1,7 M €	+33.7%	1,3 M €	-25.4%	1,7 M €
Debts	4,7 M €	-20.9%	6 M €	+58.1%	3,8 M €	-36.3%	5,9 M €	+21.9%	4,9 M €
Other
Workforce	49,7 ETP	+61.9%	30,7 ETP	+14.6%	26,8 ETP	-5.6%	28,4 ETP	+6.0%	26,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Baert	Directorsince 01/10/2004
David Persson	Director
Max Bokander	Director
MPR0469.650.640Represented by Patrick Poncelet	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DE BAERT GROEP BVBA0662.640.256Represented by Tom Baert	Managing director01/01/2020 → 2024 accounts
Goedele Baert	Managing director01/01/2020 → 2023 accounts
Goele Baert	Managing director01/01/2020 → 2024 accounts

Other companies at this address

Essenestraat 16 1740 Ternat

Company	CBE no.
DE BAERT GROEP BVBA● Active	0662.640.256
EDUBOUW● Active	0534.760.307
GALLETTI BELGIUM● Active	0828.861.733
INTEROFFICE SOBETE TONGEREN● Active	0403.040.245
SUN INVEST TECHNI-CAL● Active	0823.622.347
TECHNI - CAL● Active	0453.944.063

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/10/2026	24/07/2025	30/07/2024	24/07/2023	25/07/2022	29/07/2021
General meeting	30/09/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/09/2026	05/10/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	07/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Baert	Directorsince 01/10/2004
David Persson	Director
Max Bokander	Director
MPR0469.650.640Represented by Patrick Poncelet	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DE BAERT GROEP BVBA0662.640.256Represented by Tom Baert	Managing director01/01/2020 → 2024 accounts
Goedele Baert	Managing director01/01/2020 → 2023 accounts
Goele Baert	Managing director01/01/2020 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2026
Ontslag en benoeming bestuurder - Ontslag en benoeming gedelegeerd
PDF
Other01/07/2026
—
PDF
Mandates06/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/02/2025
DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring25/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/07/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DOEL - KAPITAAL - AANDELEN
PDF
Restructuring25/05/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

MPR

Max Bokander

David Persson

Tom Baert

DE BAERT GROEP BVBA

Goele Baert

Goedele Baert

Timme Baert

Jozef BAERT

Marc Baert

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BAERT

Essenestraat 16, 1740 Ternat

Director

Managing director

Managing directorDirector

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Essenestraat 16, 1740 TernatCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00550969

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BAERTCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00550969

Events

2025
Annual accounts 2025451,2 k €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023978,8 k €↑
2022
Annual accounts 2022697 k €↑
2021
Annual accounts 2021345,9 k €↓
2020
Annual accounts 2020868,3 k €↑
2019
Annual accounts 2019342,8 k €↓
2018
Annual accounts 2018560,3 k €↓
2017
Annual accounts 2017640,1 k €↑
2016
Annual accounts 2016546,6 k €↑
2015
Annual accounts 2015457,4 k €↑
2014
Annual accounts 2014351,3 k €↓
2013
Annual accounts 2013531,4 k €↓
2012
Annual accounts 2012758,3 k €↑
2011
Annual accounts 2011684,6 k €↑
2010
Annual accounts 2010514,1 k €↓
2009
Annual accounts 2009759,4 k €↓
2008
Annual accounts 2008773,2 k €↑
2007
Annual accounts 2007620,5 k €↑
2006
Annual accounts 2006436,5 k €
05/06/1985
IncorporationPublic limited company

BAERT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events