Financials
Financial year 2025
Van Hove en Co from Gent, company number BE0404809506, closed financial year 2025 with a result of € 902,626 after tax. For that financial year Van Hove en Co recorded revenue of € 7.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 598,829 to € 902,626. Profitable, and profit is growing. The buffer shrank hard: equity is 63 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 1.2 million
▼ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 902,626
▲ 51% vs 2024
Profit after tax over the fiscal year.
€ 113,372
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
50.9
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 4% vs 2024
€ 60,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 659,536
▼ 40% vs 2024
Of which on lease € 307,983.
Debts at end 2025
€ 980,172
▲ 118% vs 2024
€ 221,074 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 756,515
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
€ 648,819
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,542,823 | € 6,462,206 | € 6,989,700 | € 7,465,337 | ▲ 7% |
| Profit after taxes | € -35,171 | € 248,725 | € 598,829 | € 902,626 | ▲ 51% |
| Equity | € 4,218,781 | € 2,693,609 | € 3,239,238 | € 1,188,664 | ▼ 63% |
| Total debts | € 2,624,175 | € 3,158,560 | € 3,565,532 | € 7,347,311 | ▲ 106% |
| Cash | € 3,101,780 | € 1,848,463 | € 75,304 | € 113,372 | ▲ 51% |
| Land & buildings | € 66,536 | € 44,555 | € 25,433 | € 8,202 | ▼ 68% |
| Retained profit | € 3,970,781 | € 2,219,506 | € 2,818,335 | € 820,961 | ▼ 71% |
| Dividend | € 2,000,000 | € 2,000,000 | € 0 | € 2,900,000 | |
| Bank debt | € 0 | € 573,663 | € 450,365 | € 980,172 | ▲ 118% |
| Balance sheet total | € 6,842,956 | € 5,852,169 | € 6,804,770 | € 8,535,975 | ▲ 25% |
| Employees (FTE) | 53.4 | 56.3 | 54.8 | 50.9 | ▼ 3.9 |
Key figures of Van Hove en Co, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Van Hove en Co?
What happened at Van Hove en Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tailormade Logistics NV stepped down as director. NBB
- Pieter Balcaen stepped down as director. NBB
- Malo Ventures NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 902,626 (▲ 51% vs 2024). Source: NBB ↗
- Pieter Balcaen became a director. NBB
- Malo Ventures NV became a director. NBB
- Tailormade Logistics NV became a director. NBB
- New establishment in Gent. KBO
In short
From € 35,171 loss in 2022 to € 902,626 profit in 2025.
Paid € 554,654 in corporate taxes since 2022.
Best year ever: 2025, with € 902,626 profit.
Paid out € 6.9 million in dividends to the owners in total.
Management
The stake of Tailormade Rental comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Van Hove en CoThe shares are held by Tailormade Rental (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Vandecaveye
Also active at: Tailormade Logistics Westerlo, Tailormade Rental, GV LOGISTICS GROUP, TRANSCOT, Tailormade Customs, E-Fulfillment Services
since 2023 · until 2031
Pieter Balcaen
Director
Also active at: TAILORMADE LOGISTICS, TAILORMADE TRANSPORT, Tailormade Rental, TRANSCOT, Tailormade Customs, E-Fulfillment Services
since 2025 · until 2031
Director · represented by Kelly De Dijcker
Also active at: Alkove, Lanson Industries Plant I, IMMOPORTFOLIO, Immo Genics, EUROPAL-LOGISTICS, GLOBAL RENTAL PROPERTIES II, FIBRIMMO, TAILORMADE LOGISTICS +18 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eddastraat 31
9042 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0404.809.506
- VAT number
- BE 0404.809.506
- Registered office
- Eddastraat 31, 9042 Gent
- Names & denominations
- Van Hove en Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1947
- Peppol
- Active · Active since 13 Aug 2025
- Contact
- vanhove.be [email protected] 09/251.55.30
- Activities · NACE
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