Equity
€16.1m ▲ 15.9%
BAETEN & Co has made a profit in every financial year since 2006.
BAETEN & Co
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1992Turnoverpeak €55.4m (2022)
€45.7m▲ 6.8%
Resultpeak €2.4m (2024)
€2.2m▼ 8.4%
Equitypeak €16.1m (2025)
€16.1m▲ 15.9%
Debts
€3.1m▼ 14.2%
Staffpeak 14.1 FTE (2021)
13.1 FTE▼ 4.4%
Board1 name since 2022
-
Owners
Documentsfilings and deeds
03-07-202628 days before the deadline
2025financial year
Reappointment: Callens Vandelanotte NV (statutory auditor) 15-09Equity from €13.9m to €16.1m
Key points
from the 2025 annual accountsInvestments
€206,529 0.3 × depreciation
Green is investment, beige is depreciation.
Staff
17 employees on 31-12-2025
In 2025, 26 people joined and 23 left. On top of that, 0.3 agency workers worked there on average.
Liquidity
5.67 was 4.19 in 2024
Short-term debts fell from €3.5m to €3.0m.
Filings
33 annual accounts since 1992
The last five annual accounts were filed 7 to 70 days before the end of the period.
Position in the sector
83.8%
Higher solvency than 91% of companies in food products. Sector median 39.6% · 792 companies.
Checked score
97
Excellent
Financially stronger than 78% of small companies in food products (NACE 10)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 631 companies (NACE 10, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of food products (NACE 10)
lowers risk
Liquidity: current ratio 5.67, cash €5.1m
Founded in 1992
Equity €16.1m (83.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, small). It does better than 95% of them on solvency, 93% on liquidity, 54% on profitability and 70% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as BAETEN & Co has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of BAETEN & Co itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for BAETEN & Co. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.67 (4.19 in 2024), above the usual 1.5. Short-term debt is 15.6% and cash 26.7% of total assets. 16.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
16 days early
2023
7 days early
2022
70 days early
2021
19 days early
2020
29 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447081908
Reappointment: Callens Vandelanotte NV (statutory auditor)
General meeting of 30-06-2025 · Gazette deed
Reappointment: Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor)
General meeting of 16-06-2022 · Gazette deed
First establishment
Fortstraat 28, Berlare
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| BAETEN & Co Berlare | €45.7m | 6.3% | 83.8% | 13.1 |
| VANDEPUTTE OLEOCHEMICALS Mouscron | €34.2m | 2.4% | 56.4% | 19 |
| PROGRA Hulshout | €25.8m | 25.8% | 89.6% | 12.6 |
| Immobra Wielsbeke | €26.9m | -0.7% | 39.7% | 7.5 |
| SCALDIS - RUIEN Kluisbergen | €62.5m | 5.8% | 81.4% | 24.3 |
| SONAC GENT Ghent | €29.9m | 30.5% | 70.4% | 21.3 |
| EUROFAT Zwevegem | €20.7m | 23.2% | 31.9% | 10 |
Grey: the largest companies of the sector (food products (NACE 10)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BAETEN & Co: manufacture of food products (NACE 10410). They are comparable in size and age: total assets between €12m and €33m, founded between 1968 and 2000.
Official details
Source: KBO- Status
- Active since 16-04-1992Normal situation
- Activity
- Manufacture of food productsNACE 10410
- Joint committee
- 220White-collar workers in the food industry · annual accounts 2025
- Establishment unit
- 2.057.291.9059290 Berlare, since 04-05-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- Total assets
- €19.2m▲ 9.7%
- Employeeson 31-12-2025
- 17▲ 21.4%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on BAETEN & Co
BAETEN & Co has existed since 1992. Turnover grew from €9.9m in 2006 to €45.7m in 2025 and staff from 10.3 to 13.1 full-time equivalents.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAETEN & Co
- What is the company number of BAETEN & Co?
- The company number of BAETEN & Co is 0447.081.908. The VAT number is the same number with BE in front: BE 0447.081.908.
- Where is BAETEN & Co based?
- The registered office is at Fortstraat 28, 9290 Berlare.Company details
- What does BAETEN & Co do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10410).
- What is the legal form of BAETEN & Co?
- BAETEN & Co is a public limited company (NV).
- When was BAETEN & Co founded?
- BAETEN & Co was founded on 16-04-1992.
- Is BAETEN & Co still active?
- Yes, BAETEN & Co is an active enterprise in the KBO register.
- How many employees does BAETEN & Co have?
- BAETEN & Co had an average of 13.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BAETEN & Co fall under?
- In its 2025 annual accounts, BAETEN & Co states joint committee 220 (White-collar workers in the food industry).
- What is the turnover of BAETEN & Co?
- The turnover of BAETEN & Co was €45.7m in financial year 2025, according to the filed annual accounts.
- Is BAETEN & Co profitable?
- In financial year 2025, BAETEN & Co made a profit of €2.2m.
- Where can I find the annual accounts of BAETEN & Co?
- BAETEN & Co filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAETEN & Co due?
- BAETEN & Co must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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