Michel Baes SA
2.5 FTEMichel Baes reported total assets of 606,348 € at the end of the 2025 financial year (annual accounts filed with the NBB on 25 Oct 2026), with 2.5 full-time equivalents.
By total assets for 2025, Michel Baes ranks among the 2,000 largest of the 7,454 companies in its sector (NACE 4322) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of Michel Baes shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Total assets +6 % Headcount (avg FTE) -11 %
Accounts of the company itself (not consolidated).
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Michel Baes's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Net result | −41,564 € | ||||
| Equity | −313,783 € | ||||
| Cash | 3,005 € | ||||
| EBITDA | −32,047 € | ||||
| Total assets | 606,348 € |
Filed annual accounts
- Year ended 31 Dec 2025filed on 25 Oct 2026
- Year ended 31 Dec 2024filed on 16 Nov 2025
- Year ended 31 Dec 2023filed on 03 Oct 2024
- Year ended 31 Dec 2022filed on 05 Sep 2023
- Year ended 31 Dec 2021filed on 13 Sep 2022
Michel Baes's financial analysis
- Solvency-51.7%sector median: 51.6%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Michel Baes
Michel Baes's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0413.970.759
- VAT number
- BE0413970759
- Peppol
- Registered · 0208:0413970759 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 01 Feb 1974
- Registered office
- 9190 Stekene
- Size
- Micro · 2.5 FTE
- Latest accounts
- 2025 · filed on 25 Oct 2026
- Activity
- Sanitary work (NACE 43221)
Michel Baes (SA) has been based in Stekene since 1974, active in: sanitary work. For 2025, it reports a net loss of 41,564 € and equity of −313,783 €; its revenue is not published. With 2.5 full-time equivalents, it is a micro-enterprise by headcount. Its solvency stands at -51.7%, below the median of its sector (51.6%).
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Companies similar to Michel Baes
Companies in the same business, of comparable size and area, outside its group.
- Bonnarens Loodgieterswerk Plumbing, heat and air-conditioning installation Hamme (Vl.) · balance sheet 652,415 €
- DW Technics Plumbing, heat and air-conditioning installation Sint-Gillis-Waas · balance sheet 545,856 €
- Oost Algemene Loodgieterij Plumbing, heat and air-conditioning installation Evergem · balance sheet 608,088 €
- D & M Warmtetechnieken Plumbing, heat and air-conditioning installation Zonhoven · balance sheet 602,764 €
- Tassignon Dakwerken Plumbing, heat and air-conditioning installation Rebecq · balance sheet 602,025 €
- Vandenbossche Andy Plumbing, heat and air-conditioning installation Waregem · balance sheet 614,856 €
- JVO Renovatie Plumbing, heat and air-conditioning installation Zandhoven · balance sheet 596,434 €
- Van Braekel Koen Plumbing, heat and air-conditioning installation Sint-Laureins · balance sheet 592,368 €
Frequently asked questions about Michel Baes
What is the revenue of Michel Baes?
Michel Baes files its accounts in a format where revenue is optional: it is not published for 2025.
What is the VAT number of Michel Baes?
In Belgium, the VAT number is the company number prefixed with BE: BE0413970759 for Michel Baes, if the company is VAT-registered. Its company number (CBE) is 0413.970.759.
Where is the registered office of Michel Baes?
According to the CBE register, the registered office of Michel Baes is in 9190 Stekene.
What is the equity of Michel Baes?
At the close of the 2025 financial year, the equity of Michel Baes amounts to -313,783 €, a solvency of -51.7% of total assets.
How many people work at Michel Baes?
2.5 full-time equivalents on average according to the 2025 social balance sheet.
Who manages Michel Baes?
The register lists 1 active mandates at Michel Baes. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is Michel Baes within its sector?
By total assets for 2025, Michel Baes ranks among the 2,000 largest of the 7,454 companies in its sector (NACE 4322) in Belgium that filed accounts for that financial year.
The full file of Michel Baes
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →