ACTIVE

DE BAETS

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Financial year 2025 · closed on 31/12/2025

Net result

9,9 k €

-46.1% YoY

Gross margin

37,5 k €

-5.3% YoY

Equity

147,4 k €

+7.2% YoY

What does DE BAETS do?

DE BAETS is a Public limited company incorporated in 1989. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.186.306

Incorporation

12/12/1989

Legal form

Public limited company

Registered office

Zwanebloemstraat 7
9032 Gent · FlandreSee on map

Contributed capital

189 341,69 €

Latest accounts

31/12/2025

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37,5 k €	-5.3%	39,6 k €	-2.8%	40,8 k €	+6.7%	38,2 k €	+1.0%	37,8 k €	+16.7%	32,4 k €	-15.9%	38,5 k €	+7.9%	35,7 k €	-5.4%	37,8 k €	-1.3%	38,3 k €	-2.5%	39,2 k €	+15.4%	34 k €	+7.1%	31,8 k €	-12.0%	36,1 k €	+1.3%	35,6 k €	+24.8%	28,6 k €	-0.0%	28,6 k €	+66.3%	17,2 k €	-35.5%	26,7 k €	+5.5%	25,3 k €
EBITDA	26,8 k €	-9.7%	29,7 k €	-4.2%	31 k €	+2.4%	30,3 k €	+0.6%	30,1 k €	+22.2%	24,6 k €	-21.2%	31,3 k €	+7.5%	29,1 k €	-5.4%	30,8 k €	-2.0%	31,4 k €	-3.0%	32,4 k €	+19.0%	27,2 k €	+8.7%	25 k €	-15.1%	29,5 k €	+20.8%	24,4 k €	+10.6%	22,1 k €	-0.4%	22,1 k €	+102%	11 k €	-46.7%	20,6 k €	+6.7%	19,3 k €
Operating result	13,1 k €	-30.7%	18,9 k €	-9.1%	20,8 k €	+14.4%	18,2 k €	-6.5%	19,5 k €	+27.4%	15,3 k €	-32.1%	22,5 k €	+28.1%	17,6 k €	+4.1%	16,9 k €	-18.8%	20,8 k €	+208%	6,8 k €	+239%	2 k €	+10947%	18,1 €	-99.7%	6,1 k €	+168%	-8,9 k €	-219%	7,5 k €	+182%	-9,1 k €	+37.7%	-14,6 k €	-230%	-4,4 k €	+74.1%	-17,1 k €
Net result	9,9 k €	-46.1%	18,3 k €	-9.4%	20,2 k €	+14.6%	17,6 k €	-6.9%	18,9 k €	+29.3%	14,6 k €	-37.4%	23,4 k €	+40.0%	16,7 k €	-0.8%	16,8 k €	-18.8%	20,7 k €	+223%	6,4 k €	+360%	1,4 k €	+528%	-326,4 €	+84.9%	-2,2 k €	+75.0%	-8,6 k €	-209%	7,9 k €	+167%	-11,7 k €	-0.1%	-11,7 k €	-632%	-1,6 k €	+90.3%	-16,4 k €
Balance sheet
Equity	147,4 k €	+7.2%	137,5 k €	+15.3%	119,2 k €	+20.4%	99 k €	+21.6%	81,4 k €	+30.3%	62,5 k €	-79.0%	297,9 k €	+8.5%	274,5 k €	+6.5%	257,8 k €	+7.0%	241 k €	+9.4%	220,2 k €	+3.0%	213,8 k €	+0.7%	212,4 k €	-0.2%	212,7 k €	-1.0%	214,9 k €	-3.9%	223,5 k €	+3.7%	215,6 k €	-5.1%	227,3 k €	-4.9%	239 k €	-0.7%	240,6 k €
Total assets	172,3 k €	+0.5%	171,3 k €	-2.7%	176,2 k €	-1.2%	178,3 k €	-1.8%	181,6 k €	-35.7%	282,6 k €	-6.5%	302,2 k €	+6.5%	283,6 k €	+8.1%	262,4 k €	+8.9%	241 k €	+3.9%	231,8 k €	-0.2%	232,4 k €	-3.6%	241,1 k €	-4.4%	252,2 k €	-4.3%	263,5 k €	+15.3%	228,6 k €	+1.7%	224,7 k €	-6.5%	240,3 k €	+0.6%	239 k €	-1.1%	241,6 k €
Cash	7,7 k €	-79.6%	37,7 k €	-28.6%	52,8 k €	+18.4%	44,6 k €	-5.9%	47,3 k €	-64.9%	135 k €	+26.4%	106,8 k €	+17.7%	90,8 k €	+35.9%	66,8 k €	-29.9%	95,2 k €	+10.4%	86,3 k €	+3.2%	83,6 k €	+1.0%	82,8 k €	-19.0%	102,3 k €	+121%	46,3 k €	-9.7%	51,3 k €	-11.8%	58,2 k €	+193%	19,9 k €	-28.5%	27,8 k €	+35.9%	20,4 k €
Debts	24,9 k €	-26.4%	33,8 k €	-40.6%	56,9 k €	-28.2%	79,3 k €	-20.9%	100,2 k €	-54.5%	220,1 k €	+5018%	4,3 k €	-52.2%	9 k €	+93.5%	4,6 k €		–		11,5 k €	-38.1%	18,6 k €	-35.2%	28,7 k €	-27.3%	39,4 k €	-18.9%	48,6 k €	+859%	5,1 k €	-44.3%	9,1 k €	-29.9%	13 k €		–		1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Luc DE BAETS

Director

Active

Ended mandates

Luc DE BAETS

Manager · since 27 mars 2013

Ended

Luc DE BAETS

Managing director · since 01 janvier 2000

Ended

Jürgen DE BAETS

Director

Ended

Lia CAECKAERT

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	27/07/2026	14/07/2025	22/07/2024	19/06/2023	03/05/2022	17/06/2021
General meeting	21/04/2026	15/04/2025	16/04/2024	18/04/2023	19/04/2022	20/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/04/2026	27/07/2026	Dutch	PDF
Micro model	31/12/2024	15/04/2025	14/07/2025	Dutch	PDF
Micro model	31/12/2023	16/04/2024	22/07/2024	Dutch	PDF
Micro model	31/12/2022	18/04/2023	19/06/2023	Dutch	PDF
Micro model	31/12/2021	19/04/2022	03/05/2022	Dutch	PDF
Micro model	31/12/2020	20/04/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	21/04/2020	20/05/2020	Dutch	PDF
Micro model	31/12/2018	16/04/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	17/04/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	18/04/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	19/04/2016	24/10/2016	Dutch	PDF
Abridged model	31/12/2014	21/04/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/04/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	16/04/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	17/04/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	19/04/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/04/2010	28/08/2010	Dutch	PDF
Abridged model	31/12/2008	21/04/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/04/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	17/04/2007	22/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Luc DE BAETS

Director

Active

Ended mandates

Luc DE BAETS

Manager · since 27 mars 2013

Ended

Luc DE BAETS

Managing director · since 01 janvier 2000

Ended

Jürgen DE BAETS

Director

Ended

Lia CAECKAERT

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2026
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20259,9 k €↓
2024
Annual accounts 202418,3 k €↓
2023
Annual accounts 202320,2 k €↑
2022
Annual accounts 202217,6 k €↓
2021
Annual accounts 202118,9 k €↑
2020
Annual accounts 202014,6 k €↓
2019
Annual accounts 201923,4 k €↑
2018
Annual accounts 201816,7 k €↓
2017
Annual accounts 201716,8 k €↓
2016
Annual accounts 201620,7 k €↑
2015
Annual accounts 20156,4 k €↑
2014
Annual accounts 20141,4 k €↑
2013
Annual accounts 2013-326,4 €↑
2012
Annual accounts 2012-2,2 k €↑
2011
Annual accounts 2011-8,6 k €↓
2010
Annual accounts 20107,9 k €↑
2009
Annual accounts 2009-11,7 k €↓
2008
Annual accounts 2008-11,7 k €↓
2007
Annual accounts 2007-1,6 k €↑
2006
Annual accounts 2006-16,4 k €
12/12/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DE BAETS

Overview

What does DE BAETS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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