ACTIVE

IMMO BAERTS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

179,2 k €

+18.0% YoY

Gross margin

348,6 k €

+4.2% YoY

Equity

4,7 M €

+4.0% YoY

What does IMMO BAERTS do?

IMMO BAERTS is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.145.083

Incorporation

15/05/1991

Legal form

Public limited company

Registered office

Molenstraat 200
3510 Hasselt · FlandreSee on map

Contributed capital

2 823 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68204Rental and operating of own or leased real estate· main

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	348,6 k €	+4.2%	334,7 k €	+51.3%	221,2 k €	-27.4%	304,8 k €	+17.9%	258,6 k €	-3.1%	266,9 k €	-42.5%	464,6 k €	+43.6%	323,7 k €	-2.7%	332,7 k €	-11.4%	375,7 k €	+0.3%	374,6 k €	+8.5%	345,4 k €	+4.7%	329,8 k €	+2.9%	320,4 k €	+3.8%	308,6 k €	+5.0%	294 k €	+2.7%	286,3 k €	-4.6%	300,2 k €	-25.6%	403,5 k €	+31.9%	306 k €
EBITDA	346,8 k €	+4.4%	332,2 k €	+51.2%	219,7 k €	-27.5%	303,2 k €	+18.6%	255,8 k €	-4.6%	267,9 k €	-42.1%	463,1 k €	+43.8%	322,1 k €	-2.8%	331,2 k €	-17.0%	399,1 k €	+14.6%	348,2 k €	+1.3%	343,8 k €	+4.9%	327,8 k €	+3.6%	316,5 k €	+3.1%	307 k €	+5.0%	292,5 k €	+2.7%	284,8 k €	-4.6%	298,6 k €	-25.7%	401,6 k €	+32.1%	304,1 k €
Operating result	213,6 k €	+4.5%	204,4 k €	+94.9%	104,9 k €	-44.5%	189,2 k €	+38.3%	136,7 k €	+4.4%	130,9 k €	-60.4%	330,5 k €	+192%	113,2 k €	+5.3%	107,5 k €	-44.1%	192,5 k €	+29.0%	149,2 k €	+35.9%	109,8 k €	+1.6%	108,1 k €	-11.7%	122,5 k €	-13.9%	142,2 k €	+11.7%	127,3 k €	-0.4%	127,8 k €	-9.5%	141,2 k €	-36.0%	220,8 k €	+79.3%	123,2 k €
Net result	179,2 k €	+18.0%	151,8 k €	+70.6%	89 k €	-41.0%	150,9 k €	+39.2%	108,4 k €	+64.5%	65,9 k €	-69.1%	213,6 k €	+302%	53,1 k €	+16.0%	45,8 k €	-55.3%	102,4 k €	+66.2%	61,6 k €	-17.0%	74,3 k €	-27.0%	101,8 k €	-15.3%	120,3 k €	-4.1%	125,4 k €	+3.0%	121,8 k €	-9.9%	135,1 k €	-76.9%	585,5 k €	+242%	171,3 k €	+22.1%	140,4 k €
Balance sheet
Equity	4,7 M €	+4.0%	4,5 M €	+3.5%	4,3 M €	+2.1%	4,2 M €	+3.7%	4,1 M €	-6.0%	4,3 M €	+1.5%	4,3 M €	+5.3%	4,1 M €	+1.3%	4 M €	+1.2%	4 M €	+2.7%	3,9 M €	+1.6%	3,8 M €	+33.2%	2,9 M €	-23.3%	3,7 M €	+3.3%	3,6 M €	+3.6%	3,5 M €	+3.6%	3,4 M €	+4.2%	3,2 M €	+22.3%	2,6 M €	+7.0%	2,5 M €
Total assets	4,7 M €	+4.4%	4,5 M €	+3.4%	4,3 M €	+1.3%	4,3 M €	+3.2%	4,2 M €	-20.9%	5,2 M €	+0.9%	5,2 M €	+5.5%	4,9 M €	+1.8%	4,8 M €	-6.4%	5,2 M €	+2.4%	5,1 M €	+3.0%	4,9 M €	+0.3%	4,9 M €	+2.7%	4,8 M €	+3.9%	4,6 M €	+3.1%	4,5 M €	+2.7%	4,3 M €	+2.6%	4,2 M €	+21.3%	3,5 M €	+6.6%	3,3 M €
Cash	34,7 k €	-42.6%	60,6 k €	-95.1%	1,2 M €	-42.0%	2,1 M €	+5.3%	2 M €	-36.0%	3,2 M €	-7.0%	3,4 M €	+8.9%	3,1 M €	+10.5%	2,8 M €	-1.1%	2,9 M €	+11.0%	2,6 M €	+17.2%	2,2 M €	+6.4%	2,1 M €	+100%	1 M €	-51.7%	2,1 M €	-9.9%	2,4 M €	+12.4%	2,1 M €	+162%	804,2 k €	+669%	104,6 k €	-75.7%	431,1 k €
Debts	38 k €	+78.4%	21,3 k €	-13.7%	24,7 k €	-56.9%	57,3 k €	+35.3%	42,4 k €	-94.8%	815,9 k €	+9.6%	744,6 k €	+9.1%	682,3 k €	+7.5%	634,7 k €	-35.6%	985,6 k €	+4.7%	941 k €	+8.4%	868,1 k €	-51.4%	1,8 M €	+130%	775,7 k €	+5.4%	735,8 k €	+8.2%	680,2 k €	-0.2%	681,7 k €	-2.4%	698,7 k €	-7.9%	758,7 k €	+6.6%	711,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Isabelle Baerts

Director · since 31 mai 2019

Active

Robrecht Baerts

Director · since 31 mai 2019

Active

Ended mandates

Isabelle Baerts

Managing director · since 31 mai 2019

Ended

Robrecht Baerts

Managing director · since 31 mai 2019

Ended

Isabelle Baerts

Managing director · since 29 mai 2015 · until 29 mai 2021

Ended

Isabelle Baerts

Managing director · since 29 mai 2015

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	28/08/2026	28/08/2025	21/08/2024	23/06/2023	31/08/2022	20/09/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	21/08/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	23/06/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	20/09/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	20/08/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	04/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	29/05/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Isabelle Baerts

Director · since 31 mai 2019

Active

Robrecht Baerts

Director · since 31 mai 2019

Active

Ended mandates

Isabelle Baerts

Managing director · since 31 mai 2019

Ended

Robrecht Baerts

Managing director · since 31 mai 2019

Ended

Isabelle Baerts

Managing director · since 29 mai 2015 · until 29 mai 2021

Ended

Isabelle Baerts

Managing director · since 29 mai 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other02/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/05/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/10/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025179,2 k €↑
2024
Annual accounts 2024151,8 k €↑
2023
Annual accounts 202389 k €↓
2022
Annual accounts 2022150,9 k €↑
2021
Annual accounts 2021108,4 k €↑
2020
Annual accounts 202065,9 k €↓
2019
Annual accounts 2019213,6 k €↑
2018
Annual accounts 201853,1 k €↑
2017
Annual accounts 201745,8 k €↓
2016
Annual accounts 2016102,4 k €↑
2015
Annual accounts 201561,6 k €↓
2014
Annual accounts 201474,3 k €↓
2013
Annual accounts 2013101,8 k €↓
2012
Annual accounts 2012120,3 k €↓
2011
Annual accounts 2011125,4 k €↑
2010
Annual accounts 2010121,8 k €↓
2009
Annual accounts 2009135,1 k €↓
2008
Annual accounts 2008585,5 k €↑
2007
Annual accounts 2007171,3 k €↑
2006
Annual accounts 2006140,4 k €
15/05/1991
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

IMMO BAERTS

Overview

What does IMMO BAERTS 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