About Michel Baes
Michel Baes is a public limited company (NV/SA) based in Stekene, founded in 1974. Its main activity is classified as "Sanitaire werkzaamheden". For the 2025 financial year, Michel Baes reported a loss of €41,564. That makes 7 loss-making financial years in a row for Michel Baes. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €212,568, up 72% on 2024. It employed an average of 2.4 full-time equivalents. Equity is negative (-€313,783): liabilities exceed assets. In 2006 it was €232,096. 20 annual accounts are available, covering 2006 to 2025.
- Sectors
- Plumbers
- Activities
- Signals
-
Negative equityNegative equity € -314K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -42KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -32KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -32KEBITDA is negative: operating activities are loss-making.
High social debt vs. personnel costsHigh social debt vs. personnel costs 37.4%Social debts are a high share of personnel costs, which may indicate social security arrears.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
213K
|
€
123K
|
€
86K
|
€
128K
|
|
|
€
-32K
|
€
-22K
|
€
-21K
|
€
-2K
|
|
|
€
-42K
|
€
-39K
|
€
-39K
|
€
-42K
|
|
|
€
-314K
|
€
-272K
|
€
-233K
|
€
-194K
|
|
|
-51.75%
|
-46.62%
|
-41.80%
|
-34.00%
|
|
|
€
920K
|
€
856K
|
€
790K
|
€
765K
|
|
|
€
3K
|
€
6K
|
€
7K
|
€
5K
|
|
|
2.40
|
2.40
|
2.60
|
2.60
|
Publications 29
All publications- Ontslagen - Benoemingen 30/10/2019
- Me. - Jaarrekening 31.12.2015, Ggk 30.05.2016, Ngl 26.09.2016 16614-0266-013 30/09/2016
- Me. - Jaarrekening 31.12.2014, Ggk 25.05.2015, Ngl 28.08.2015 15499-0046-013 01/09/2015
- Me. - Jaarrekening 31.12.2013, Ggk 26.05.2014, Ngl 24.12.2014 14705-0164-013 31/12/2014
- Ontslagen - Benoemingen 01/10/2013
Frequently asked questions
Answers to the most common questions about Michel Baes, based on official government data and the filed annual accounts.
What is the VAT number of Michel Baes?
The VAT number of Michel Baes is BE0413.970.759.
How many employees work at Michel Baes?
In 2025, Michel Baes employed 2.40 full-time equivalents (FTE).
When was Michel Baes established?
Michel Baes was founded in 01-02-1974.
What is the official address of Michel Baes?
The official address of Michel Baes is Koewacht(Ste) 92/A Stekene 9190.
What is the legal form of Michel Baes?
The juridical form of Michel Baes is Public limited company (NV/SA).
What is the annual revenue of Michel Baes?
The 2025 accounts of Michel Baes do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Michel Baes a reliable company?
Michel Baes is a registered Rechtspersoon with company number 0413.970.759 and can be verified through the official CBE database.
What is the credit limit of Michel Baes?
The estimated credit limit of Michel Baes is €0.
Is Michel Baes still active?
Michel Baes currently has the status "Normal situation" and is active.