ACTIVE

Baeck Cladding

Financial year 2025 · closed on 31/12/2025
Net result
29,9 k €
-90.2% YoY
Gross margin
1,1 M €
-27.7% YoY
Equity
407,0 k €
+7.9% YoY
Workforce
15,0 ETP
-10.7% YoY

What does Baeck Cladding do?

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
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
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 €489,7 k €363,1 k €
Operating result85,8 k €424,7 k €461,3 k €679,7 k €386,5 k €401,9 k €298,7 k €
Net result29,9 k €304,8 k €346,3 k €484,0 k €282,2 k €320,9 k €204,1 k €
Balance sheet
Equity407,0 k €377,0 k €72,2 k €1,4 M €869,2 k €587,1 k €266,1 k €
Total assets1,6 M €2,5 M €2,3 M €3,9 M €2,6 M €1,9 M €2,0 M €
Cash0,0 €346,1 k €103,4 k €17,2 k €188,1 k €
Debts1,2 M €2,2 M €2,2 M €2,5 M €1,8 M €1,3 M €1,8 M €
Other
Workforce15,0 ETP16,8 ETP17,3 ETP19,2 ETP21,8 ETP19,3 ETP18,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 6 active · 11 ended

Active mandates

QUENZ

Director · since 23 février 2026 · until 23 février 2032 · 0810.304.346

Represented by Van Haverbeke Kris

Active
PG CONSULTING

Director · since 02 novembre 2025 · until 02 novembre 2031 · 0683.475.559

Represented by Philip Goris

Active
RE:build

Director · since 06 janvier 2025 · until 02 novembre 2025 · 0806.424.544

Represented by Vriesacker Wim

Active
Sandina

Director · since 06 janvier 2025 · until 30 janvier 2026 · 1016.383.519

Represented by Van Ingelghem , Peter

Active
Erik Groes

Director · since 21 décembre 2023 · until 06 janvier 2025

Active
IN FACTUM

Managing director · since 30 juin 2022 · until 06 janvier 2025 · 0831.778.562

Represented by Holthof Christophe

Active

Ended mandates

RE:build

Director · since 06 janvier 2025 · 0806.424.544

Represented by Vriesacker , WIM

Ended
Sandina

Director · since 06 janvier 2025 · 1016.383.519

Represented by Van INGELGHEM , PETER

Ended
Erik Groes

Director · since 21 décembre 2023 · until 21 décembre 2029

Ended
DHK PROJECTS

Director · since 30 juin 2022 · until 30 juin 2028 · 0676.531.151

Represented by Kevin De Hainaut

Ended
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 11 ended

Active mandates

QUENZ

Director · since 23 février 2026 · until 23 février 2032 · 0810.304.346

Represented by Van Haverbeke Kris

Active
PG CONSULTING

Director · since 02 novembre 2025 · until 02 novembre 2031 · 0683.475.559

Represented by Philip Goris

Active
RE:build

Director · since 06 janvier 2025 · until 02 novembre 2025 · 0806.424.544

Represented by Vriesacker Wim

Active
Sandina

Director · since 06 janvier 2025 · until 30 janvier 2026 · 1016.383.519

Represented by Van Ingelghem , Peter

Active
Erik Groes

Director · since 21 décembre 2023 · until 06 janvier 2025

Active
IN FACTUM

Managing director · since 30 juin 2022 · until 06 janvier 2025 · 0831.778.562

Represented by Holthof Christophe

Active

Ended mandates

RE:build

Director · since 06 janvier 2025 · 0806.424.544

Represented by Vriesacker , WIM

Ended
Sandina

Director · since 06 janvier 2025 · 1016.383.519

Represented by Van INGELGHEM , PETER

Ended
Erik Groes

Director · since 21 décembre 2023 · until 21 décembre 2029

Ended
DHK PROJECTS

Director · since 30 juin 2022 · until 30 juin 2028 · 0676.531.151

Represented by Kevin De Hainaut

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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

Timeline

  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 2022484,0 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