BAERT Holding
ActiveBAERT Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-447k) and a net result of €18k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 2384 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2384 sector peers (2025).
NBB · sector comparisonPosition among 2384 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
59 d early
2024
20 d early
2023
33 d early
2022
24 d late
2021
27 d early
2020
16 d early
2019
38 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€-447k▲ 3.9%
2024 · €-465k
2019: €-584k
2020: €-557k
2021: €-532k
2022: €-508k
2023: €-486k
2024: €-465k
2019 → 2025
Net result
€18k▼ 12.1%
2024 · €21k
2019: €22k
2020: €26k
2021: €25k
2022: €24k
2023: €21k
2024: €21k
2019 → 2025
Total assets
€1.19M▲ 1.5%
2024 · €1.17M
2019: €1.07M
2020: €1.09M
2021: €1.11M
2022: €1.13M
2023: €1.15M
2024: €1.17M
2019 → 2025
Solvency
-37.6%▲ 2.1pp
2024 · -39.8%
2019: -54.7%
2020: -50.9%
2021: -47.8%
2022: -44.7%
2023: -42.4%
2024: -39.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€72k-€72k=€72k=€72k=€72k=
Equity€-532k-€-508k▲ 4.6%€-486k▲ 4.2%€-465k▲ 4.3%€-447k▲ 3.9%
Operating result€35k-€33k▼ 5.7%€29k▼ 11.5%€26k▼ 9.0%€23k▼ 14.0%
Net result€25k-€24k▼ 4.8%€21k▼ 11.8%€21k▼ 2.5%€18k▼ 12.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 14% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€1.01M=
Current assets
€178k▲ 11.1%
Key figures and ratios
Solvency
-37.6%▲
2024 · -39.8%
ROE
-4.1%▲
2024 · -4.5%
ROA
1.5%▼
2024 · 1.8%
Debt
€1.63M=
2024 · €1.64M
Debt ≤ 1 year
€1.63M▼
2024 · €1.64M
Income taxes
€7k▼
2024 · €7k
Staff costs
€41k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€1.19M▲
Fixed assets21/28€1.01M€1.01M=
Financial fixed assets28€1.01M€1.01M=
Affiliated companies280/1€1.01M€1.01M=
Participating interests280€1.01M€1.01M=
Current assets29/58€160k€178k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€155k€173k▲
Trade receivables40€71k€65k▼
Other amounts receivable41€84k€107k▲
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€101€536▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€1.19M▲
Equity10/15€-465k€-447k▲
Contributions10/11€247k€247k=
Capital10€247k€247k=
Issued capital100€247k€247k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€-722k€-704k▲
Amounts payable17/49€1.64M€1.63M=
Amounts payable within one year42/48€1.64M€1.63M▼
Trade debts44€2k€0▼
Suppliers440/4€2k€0▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€1.62M€1.62M=
Accrued charges and deferred income492/3€0€206▲
Income statement
Code20242025
Operating income70/76A€72k€72k▲
Turnover70€72k€72k=
Other operating income74€187€394▲
Operating charges60/66A€46k€50k▲
Services and other goods61€8k€7k▼
Remuneration, social security and pensions62€37k€41k▲
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€26k€23k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Income from current assets751€2k€2k▲
Financial charges65/66B€246€313▲
Recurring financial charges65€246€313▲
Debt charges650€0-
Other financial charges652/9€246€313▲
Profit (loss) for the period before taxes9903€28k€25k▼
Income taxes67/77€7k€7k▼
Taxes670/3€7k€7k▼
Profit (loss) for the period9904€21k€18k▼
Profit (loss) for the period to be appropriated9905€21k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-722k€-704k▲
Profit (loss) brought forward from the previous period14P€-743k€-722k▲
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €18k ▼12.1%
Net result drops to €18k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2019net €26k ▲19.9%
Operating result €36k, net result €26k, both a record.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Buffelstraat 79240 ZeleGround area
1,078 m²
Building footprint
293 m²
Volume, LiDAR
1,439 m³
Parcel 42028B0197/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baert Holding
since 20182.275.171.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B0197/00H000 | Flanders | 1,078 m² | 1 · 293 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 2,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-02-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.