ACTIVE

Baeck Cladding

Financial year 2025 · Closed on 31/12/2025

Net result29,9 k €-90,2 %over 1 year
Gross margin1,1 M €-27,7 %over 1 year
Equity407 k €+7,9 %over 1 year
Workforce15,0 ETP-10,7 %over 1 year

Identity

Source · BCE/KBO

Baeck Cladding is a Public limited company incorporated in 2019. Its main activity is: Joinery installation. Its registered office is in Ranst. It employs on average 15,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0720.874.603
Incorporation
19/02/2019
Legal form
Public limited company
Registered office
Beekvelden 5K
2520 Ranst · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
15,0 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin1,1 M €1,6 M €1,8 M €2,1 M €–
EBITDA122,5 k €480,7 k €532,2 k €775,4 k €503,1 k €
Operating result85,8 k €424,7 k €461,3 k €679,7 k €386,5 k €
Net result29,9 k €304,8 k €346,3 k €484 k €282,2 k €
Balance sheet
Equity407 k €377 k €72,2 k €1,4 M €869,2 k €
Total assets1,6 M €2,5 M €2,3 M €3,9 M €2,6 M €
Cash––0 €346,1 k €103,4 k €
Debts1,2 M €2,2 M €2,2 M €2,5 M €1,8 M €
Other
Workforce15,0 ETP16,8 ETP17,3 ETP19,2 ETP21,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
QUENZ0810.304.346Represented by Van Haverbeke Kris
Director23/02/2026 → 23/02/2032
PG CONSULTING0683.475.559Represented by Philip Goris
Director02/11/2025 → 02/11/2031
RE:build0806.424.544Represented by Vriesacker Wim
Director06/01/2025 → 02/11/2025
Sandina1016.383.519Represented by Van Ingelghem , Peter
Director06/01/2025 → 30/01/2026
Erik Groes
Director21/12/2023 → 21/12/2029
IN FACTUM0831.778.562Represented by Holthof Christophe
Managing director30/06/2022 → 30/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DHK PROJECTS0676.531.151Represented by Kevin De Hainaut
Director30/06/2022 → 2022 accounts
Andreas Hulsteyn
Managing director19/02/2019 → 2022 accounts
Dirk Cordeel
Managing director19/02/2019 → 2022 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202608/07/202518/07/202414/09/202309/01/202312/07/2021
General meeting30/06/202615/06/202528/06/202430/06/202330/06/202230/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202607/07/2026DutchPDF
Abridged model31/12/202415/06/202508/07/2025DutchPDF
Abridged model31/12/202328/06/202418/07/2024DutchPDF
Abridged model31/12/202230/06/202314/09/2023DutchPDF
Full modelCorrection31/12/202130/06/202209/01/2023DutchPDF
Full model31/12/202130/06/202208/07/2022DutchPDF
Full model31/12/202030/06/202112/07/2021DutchPDF
Full model31/12/201930/06/202012/07/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

6 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
QUENZ0810.304.346Represented by Van Haverbeke Kris
Director23/02/2026 → 23/02/2032
PG CONSULTING0683.475.559Represented by Philip Goris
Director02/11/2025 → 02/11/2031
RE:build0806.424.544Represented by Vriesacker Wim
Director06/01/2025 → 02/11/2025
Sandina1016.383.519Represented by Van Ingelghem , Peter
Director06/01/2025 → 30/01/2026
Erik Groes
Director21/12/2023 → 21/12/2029
IN FACTUM0831.778.562Represented by Holthof Christophe
Managing director30/06/2022 → 30/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DHK PROJECTS0676.531.151Represented by Kevin De Hainaut
Director30/06/2022 → 2022 accounts
Andreas Hulsteyn
Managing director19/02/2019 → 2022 accounts
Dirk Cordeel
Managing director19/02/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/06/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/03/2024
    ONTSLAGEN - BENOEMINGEN
    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
Filings7 filings
Mandates
QUENZ
PG CONSULTING
RE:build
Sandina
Erik Groes
IN FACTUM
DHK PROJECTS
Filip Cordeel
Paul Ivens
Dirk Cordeel
Andreas Hulsteyn
20192020202120222023202420252026202720282029203020312032
Baeck Cladding
Koralenhoeve 9, 2160 Wommelgem
Director
Director
Director
Director
Director
Managing director
Chairman of the board of directors
Managing director
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Beekvelden 5K, 2520 RanstCurrent
CBE
Koralenhoeve 9, 2160 Wommelgem
accounts 2021 → 2025
Accounts 2025 · 2026-00288096

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Baeck CladdingCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00288096

Events

  1. 2025
    Annual accounts 202529,9 k €↓
  2. 2024
    Annual accounts 2024304,8 k €↓
  3. 2023
    Annual accounts 2023346,3 k €↓
  4. 2022
    Annual accounts 2022484 k €↑
  5. 2021
    Annual accounts 2021282,2 k €↓
  6. 2020
    Annual accounts 2020320,9 k €↑
  7. 2019
    Annual accounts 2019204,1 k €
  8. 19/02/2019
    IncorporationPublic limited company