ACTIVE

BAAC Vlaanderen

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Financial year 2025 · Closed on 31/12/2025

Net result496,1 k €+106,6 %over 1 year
Gross margin3,1 M €+16,3 %over 1 year
Equity905,5 k €-0,1 %over 1 year
Workforce37,1 ETP+5,1 %over 1 year

Identity

Source · BCE/KBO

BAAC Vlaanderen is a Private limited company incorporated in 2010. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Assenede. It employs on average 37,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.474.822
Incorporation
13/08/2010
Legal form
Private limited company
Registered office
Hendekenstraat 49
9968 Assenede · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
37,1 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin3,1 M €2,7 M €2,8 M €2,7 M €3,1 M €
EBITDA799,2 k €505,2 k €309,3 k €315,3 k €730,8 k €
Operating result684,7 k €351 k €140,1 k €159,4 k €690,6 k €
Net result496,1 k €240,1 k €73,7 k €83,1 k €479,2 k €
Balance sheet
Equity905,5 k €906,8 k €1,5 M €1,4 M €1,3 M €
Total assets2,3 M €2,5 M €2,5 M €2,8 M €3,1 M €
Cash481,4 k €399,3 k €872,6 k €415,1 k €299,4 k €
Debts1,3 M €1,5 M €911,2 k €1,3 M €1,6 M €
Other
Workforce37,1 ETP35,3 ETP42,1 ETP44,4 ETP45,6 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 31/12/2025

2 active · 4 ended

Active mandates

Cindy Kenis

Bestuurder · since 23 décembre 2024

Active
Jeroen Vanden Borre

Bestuurder · since 05 août 2010

Active

Ended mandates

Jeroen Vanden Borre

Director · since 05 août 2010

Ended
Jeroen Vanden Borre

Manager · since 05 août 2010

Ended
Jeroen Van Den Borre

Administrator - manager

Ended
Jeroen Vanden Borre

Manager

Ended

Other companies at this address

Hendekenstraat 49 9968 Assenede
CompanyCBE no.
Archeologie en Erfgoed● Active
0824.368.950
BTW-eenheid BAAC Vlaanderen● Active
0718.861.555
Clio Beheer● Active
0699.933.786
Vlaamse Ondernemers in Archeologie● Active
0823.606.016

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date08/07/202614/07/202515/04/202411/04/202329/06/202220/07/2021
General meeting30/06/202630/06/202515/03/202415/03/202303/06/202230/06/2021
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202608/07/2026DutchPDF
Abridged model31/12/202430/06/202514/07/2025DutchPDF
Abridged model31/12/202315/03/202415/04/2024DutchPDF
Abridged model31/12/202215/03/202311/04/2023DutchPDF
Abridged model31/12/202103/06/202229/06/2022DutchPDF
Abridged model31/12/202030/06/202120/07/2021DutchPDF
Abridged model31/12/201922/06/202007/07/2020DutchPDF
Abridged model31/12/201814/06/201928/06/2019DutchPDF
Abridged model31/12/201711/06/201815/06/2018DutchPDF
Abridged model31/12/201630/06/201725/07/2017DutchPDF
Abridged model31/12/201530/06/201612/07/2016DutchPDF
Abridged model31/12/201430/06/201522/07/2015DutchPDF
Abridged model31/12/201320/06/201422/07/2014DutchPDF
Abridged model31/12/201215/03/201310/06/2013DutchPDF
Abridged model31/12/201115/03/201213/07/2012DutchPDF
Abridged model31/12/201015/03/201116/06/2011DutchPDF

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 31/12/2025

2 active · 4 ended

Active mandates

Cindy Kenis

Bestuurder · since 23 décembre 2024

Active
Jeroen Vanden Borre

Bestuurder · since 05 août 2010

Active

Ended mandates

Jeroen Vanden Borre

Director · since 05 août 2010

Ended
Jeroen Vanden Borre

Manager · since 05 août 2010

Ended
Jeroen Van Den Borre

Administrator - manager

Ended
Jeroen Vanden Borre

Manager

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other24/08/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025496,1 k €↑
  2. 2024
    Annual accounts 2024240,1 k €↑
  3. 2023
    Annual accounts 202373,7 k €↓
  4. 2022
    Annual accounts 202283,1 k €↓
  5. 2021
    Annual accounts 2021479,2 k €↑
  6. 2014
    Annual accounts 201481,8 k €↑
  7. 2013
    Annual accounts 201360,2 k €↑
  8. 2012
    Annual accounts 201248,2 k €↓
  9. 2011
    Annual accounts 201158,8 k €↑
  10. 2010
    Annual accounts 2010-12,2 k €
  11. 13/08/2010
    IncorporationPrivate limited company