ACTIVE

Baldwin

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Financial year 2025 · closed on 31/12/2025
Net result
111 k €
+576.6% YoY
Gross margin
768,2 k €
+4.4% YoY
Equity
812,3 k €
+15.8% YoY
Workforce
7,4 ETP
-16.9% YoY

What does Baldwin do?

Baldwin is a Private limited company incorporated in 2012. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Gent. It employs on average 7,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.773.781
Incorporation
08/05/2012
Legal form
Private limited company
Registered office
Dendermondsesteenweg 140 box C
9000 Gent · FlandreSee on map
Contributed capital
350 000,00 €
Latest accounts
31/12/2025
Average workforce
7,4 ETP
Activities (NACE)
47120Retail sale in non-specialised stores· main47910Retail sale via mail order houses or via Internet62020Computer consultancy activities62200Computer programming, consultancy and related activities47120Retail sale in non-specialised stores47910Retail sale via mail order houses or via Internet+4
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin768,2 k €735,7 k €775,2 k €764,1 k €669,2 k €543,5 k €543,2 k €510 k €580,2 k €557,4 k €486 k €447,2 k €409 k €
EBITDA176,3 k €56,6 k €91 k €104,3 k €19 k €122,5 k €19,5 k €-36,7 k €79,6 k €5,3 k €-33,3 k €23,9 k €34 k €
Operating result166,3 k €46,8 k €69,3 k €66,6 k €-19,4 k €65,5 k €-48,4 k €-97,7 k €30,4 k €-36,3 k €-58 k €6,2 k €-770,6 €
Net result111 k €16,4 k €40,3 k €43,4 k €30 k €139,6 k €-87,1 k €-87,9 k €7,5 k €21,1 k €-66 k €1,2 k €1,6 k €
Balance sheet
Equity812,3 k €701,3 k €684,9 k €644,7 k €601,3 k €571,4 k €131,7 k €30,8 k €55,2 k €47,8 k €65 k €37,7 k €36,6 k €
Total assets1,8 M €1,7 M €1,7 M €1,8 M €1,6 M €1,6 M €697,1 k €525,1 k €464,5 k €431,6 k €456,5 k €307,2 k €214,4 k €
Cash39 k €7,8 k €57,4 k €192,7 k €165,6 €72,5 k €7,2 k €165,6 €5,6 k €21,8 k €1,3 k €36,4 k €11,3 k €
Debts915,9 k €924,1 k €979,4 k €1,1 M €982,5 k €980,5 k €565,4 k €494,2 k €409,3 k €383,8 k €387,5 k €268,3 k €176,9 k €
Other
Workforce7,4 ETP8,9 ETP8,7 ETP9,9 ETP11,1 ETP7,9 ETP9,0 ETP9,7 ETP10,0 ETP10,4 ETP9,9 ETP8,8 ETP5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Vorzekers & Pertank

Director · 0746.567.626

Represented by Maarten Deboo

Active

Ended mandates

Maarten DEBOO

Manager

Ended
MAARTEN DEBOO

Director

Ended
VIALMA CONSULT

Manager · 0890.355.872

Represented by Hanne DEWULF

Ended
VIALMA CONSULT

Manager · 0890.355.872

Represented by HANNE DEWULF

Ended
At this address

Other companies at this address

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GENERAL MUSIC MANAGEMENT● Active
0502.356.268
LUX● Active
0466.176.852
VAJA MUSIC MANAGEMENT● Active
0502.354.882
Annual accounts

Full financial information

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 date01/07/202604/07/202504/07/202429/06/202308/08/202222/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202330/06/202204/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202601/07/2026DutchPDF
Abridged model31/12/202406/06/202504/07/2025DutchPDF
Abridged model31/12/202307/06/202404/07/2024DutchPDF
Abridged model31/12/202202/06/202329/06/2023DutchPDF
Abridged model31/12/202130/06/202208/08/2022DutchPDF
Abridged model31/12/202004/06/202122/06/2021DutchPDF
Abridged model31/12/201913/03/202023/07/2020DutchPDF
Abridged model31/12/201807/06/201924/07/2019DutchPDF
Abridged model31/12/201701/06/201823/07/2018DutchPDF
Abridged model31/12/201602/06/201729/06/2017DutchPDF
Abridged model31/12/201503/06/201606/06/2016DutchPDF
Abridged model31/12/201430/06/201524/07/2015DutchPDF
Abridged model31/12/201330/06/201414/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 6 ended

Active mandates

Vorzekers & Pertank

Director · 0746.567.626

Represented by Maarten Deboo

Active

Ended mandates

Maarten DEBOO

Manager

Ended
MAARTEN DEBOO

Director

Ended
VIALMA CONSULT

Manager · 0890.355.872

Represented by Hanne DEWULF

Ended
VIALMA CONSULT

Manager · 0890.355.872

Represented by HANNE DEWULF

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/06/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Other21/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN
    PDF
  • Mandates25/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/05/2012
    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 2025111 k €↑
  2. 2024
    Annual accounts 202416,4 k €↓
  3. 2023
    Annual accounts 202340,3 k €↓
  4. 2022
    Annual accounts 202243,4 k €↑
  5. 2021
    Annual accounts 202130 k €↓
  6. 2020
    Annual accounts 2020139,6 k €↑
  7. 2019
    Annual accounts 2019-87,1 k €↑
  8. 2018
    Annual accounts 2018-87,9 k €↓
  9. 2017
    Annual accounts 20177,5 k €↓
  10. 2016
    Annual accounts 201621,1 k €↑
  11. 2015
    Annual accounts 2015-66 k €↓
  12. 2014
    Annual accounts 20141,2 k €↓
  13. 2013
    Annual accounts 20131,6 k €
  14. 08/05/2012
    IncorporationPrivate limited company