ACTIVE

De Baets

Financial year 2025 · closed on 31/12/2025
Net result
158,7 k €
+1.6% YoY
Gross margin
762 k €
+2.8% YoY
Equity
692,2 k €
+29.8% YoY
Workforce
4,0 ETP
-4.8% YoY

What does De Baets do?

De Baets is a Private limited company incorporated in 2022. Its main activity is: Site preparation. Its registered office is in Kaprijke. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0787.448.275
Incorporation
20/06/2022
Legal form
Private limited company
Registered office
Aveschoot 22
9971 Kaprijke · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin762 k €741,4 k €866,7 k €
EBITDA418,5 k €384,7 k €549,5 k €
Operating result225,9 k €228,4 k €383,4 k €
Net result158,7 k €156,2 k €302,3 k €
Balance sheet
Equity692,2 k €533,5 k €377,3 k €
Total assets1,5 M €1,3 M €1,4 M €
Cash233,7 k €64,3 k €96,2 k €
Debts808 k €781,4 k €1 M €
Other
Workforce4,0 ETP4,2 ETP3,6 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 · 1 active

Active mandates

Alexander De Baets

Director

Active
At this address

Other companies at this address

CompanyCBE no.
DE BAETS AGROActive
1032.854.218
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202420/06/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months19 months
Filing date14/04/202623/06/202510/07/2024
General meeting20/03/202613/06/202514/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/03/202614/04/2026DutchPDF
Abridged model31/12/202413/06/202523/06/2025DutchPDF
Abridged model31/12/202314/06/202410/07/2024DutchPDF
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 · 1 active

Active mandates

Alexander De Baets

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/06/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025158,7 k €
  2. 2024
    Annual accounts 2024156,2 k €
  3. 2023
    Annual accounts 2023302,3 k €
  4. 20/06/2022
    IncorporationPrivate limited company