ACTIVE

BAKU

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Financial year 2025 · Closed on 30/06/2025

Net result167,3 k €-86,6 %over 1 year
Gross margin3,4 M €
Equity2,5 M €+7,2 %over 1 year
Workforce39,7 ETP-1,7 %over 1 year

Identity

Source · BCE/KBO

BAKU is a Private limited company incorporated in 1997. Its main activity is: Joinery installation. Its registered office is in Gent. It employs on average 39,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.191.439
Incorporation
30/12/1997
Legal form
Private limited company
Registered office
Kortrijksesteenweg 1155
9051 Gent · FlandreSee on map
Contributed capital
12 564,42 €
Latest accounts
30/06/2025
Average workforce
39,7 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin3,4 M €––––
EBITDA338,3 k €1,7 M €1,5 M €1,1 M €880,7 k €
Operating result244,8 k €1,6 M €1,1 M €907,6 k €589,1 k €
Net result167,3 k €1,2 M €891,2 k €634,8 k €352,4 k €
Balance sheet
Equity2,5 M €2,3 M €1,9 M €1,4 M €848,1 k €
Total assets4,4 M €3,9 M €5,6 M €4,4 M €4,5 M €
Cash941,8 k €643,4 k €354,6 k €202,2 k €387,1 k €
Debts1,2 M €896,5 k €2,7 M €2,1 M €2,8 M €
Other
Workforce39,7 ETP40,4 ETP40,9 ETP40,2 ETP36,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 5 ended

Active mandates

CLUSTER

Director · since 11 juillet 2024 · 0454.276.536

Represented by Marc Kurris

Active
FILDOR CORPORATE FINANCE

Director · since 11 juillet 2024 · 0877.760.819

Represented by Filip De Clercq

Active
RAAMINNOVATORS

Director · since 11 juillet 2024 · 1009.407.635

Represented by Louis De Scheerder Novaculis CommV vertgw door

Active

Ended mandates

RAAMINNOVATORS

Director · since 11 juillet 2024 · 1009.407.635

Represented by Louis De Scheerder

Ended
Marc Kurris

Director · since 30 juin 2020 · until 11 juillet 2024

Ended
Marc Kurris

Director · since 30 juin 2020

Ended
Marc Kurris

Director

Ended

Other companies at this address

Kortrijksesteenweg 1155 9051 Gent
CompanyCBE no.
GROEP BAKU● Active
1002.461.841
RAAMINNOVATORS● Active
1009.407.635

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/10/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months9 months
Filing date18/12/202503/01/202531/01/202431/01/202328/01/202210/12/2020
General meeting03/12/202504/12/202426/01/202427/01/202328/01/202202/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202503/12/202518/12/2025DutchPDF
Full model30/06/202404/12/202403/01/2025DutchPDF
Full model30/06/202326/01/202431/01/2024DutchPDF
Full model30/06/202227/01/202331/01/2023DutchPDF
Full model30/06/202128/01/202228/01/2022DutchPDF
Full model30/06/202002/12/202010/12/2020DutchPDF
Full model30/09/201915/06/202014/07/2020DutchPDF
Full model30/09/201829/04/201930/04/2019DutchPDF
Full model30/09/201731/03/201829/04/2018DutchPDF
Abridged model30/09/201631/03/201728/04/2017DutchPDF
Abridged model30/09/201502/03/201630/03/2016DutchPDF
Abridged model30/09/201404/03/201502/04/2015DutchPDF
Abridged model30/09/201331/03/201430/04/2014DutchPDF
Abridged model30/09/201231/03/201330/04/2013DutchPDF
Abridged model30/09/201130/03/201227/04/2012DutchPDF
Abridged model30/09/201031/03/201124/05/2011DutchPDF
Abridged model30/09/200931/03/201029/04/2010DutchPDF
Abridged model30/09/200831/03/200929/04/2009DutchPDF
Abridged model30/09/200705/03/200804/04/2008DutchPDF
Abridged model30/09/200607/03/200730/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 5 ended

Active mandates

CLUSTER

Director · since 11 juillet 2024 · 0454.276.536

Represented by Marc Kurris

Active
FILDOR CORPORATE FINANCE

Director · since 11 juillet 2024 · 0877.760.819

Represented by Filip De Clercq

Active
RAAMINNOVATORS

Director · since 11 juillet 2024 · 1009.407.635

Represented by Louis De Scheerder Novaculis CommV vertgw door

Active

Ended mandates

RAAMINNOVATORS

Director · since 11 juillet 2024 · 1009.407.635

Represented by Louis De Scheerder

Ended
Marc Kurris

Director · since 30 juin 2020 · until 11 juillet 2024

Ended
Marc Kurris

Director · since 30 juin 2020

Ended
Marc Kurris

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2024
    DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/10/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/08/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares11/07/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/10/2014
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025167,3 k €↓
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2023
    Annual accounts 2023891,2 k €↑
  4. 2022
    Annual accounts 2022634,8 k €↑
  5. 2021
    Annual accounts 2021352,4 k €↑
  6. 2020
    Annual accounts 2020349,4 k €↑
  7. 2019
    Annual accounts 2019-595 k €↓
  8. 2018
    Annual accounts 201874,7 k €↓
  9. 2017
    Annual accounts 2017143,1 k €↑
  10. 2016
    Annual accounts 2016112,9 k €↓
  11. 2015
    Annual accounts 2015118 k €↓
  12. 2014
    Annual accounts 2014121,6 k €↑
  13. 2013
    Annual accounts 2013118,6 k €↑
  14. 2012
    Annual accounts 201287,3 k €↑
  15. 2011
    Annual accounts 201175,3 k €↓
  16. 2010
    Annual accounts 2010161,2 k €↑
  17. 2009
    Annual accounts 200935,6 k €↑
  18. 2008
    Annual accounts 200829,2 k €↑
  19. 2007
    Annual accounts 20076,8 k €
  20. 30/12/1997
    IncorporationPrivate limited company