Financials
Financial year 2025
HOVAN from Herselt, company number BE0423816754, closed financial year 2025 with a result of € 620,985 after tax. For that financial year HOVAN recorded a gross margin of € 1.6 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 431,732 to € 620,985. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 1.5 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 620,985
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 576,156
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
64 % of the profit went to the shareholders, mostly to ARCY (100 % of the shares). That is where the money ends up.
People and assets in 2025
16
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 556,236
▼ 16% vs 2024
€ 34,800 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.
€ 5,721
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▲ 38% vs 2024
€ 453,736 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 260,508
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,151
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 683,940 | € 698,315 | € 1,478,703 | € 1,584,920 | ▲ 7% |
| Profit after taxes | € 175,705 | € -91,980 | € 431,732 | € 620,985 | ▲ 44% |
| Equity | € 1,367,313 | € 1,275,333 | € 1,307,065 | € 1,528,050 | ▲ 17% |
| Total debts | € 1,622,918 | € 2,796,299 | € 3,276,737 | € 3,451,205 | ▲ 5% |
| Cash | € 804,541 | € 625,083 | € 643,607 | € 576,156 | ▼ 10% |
| Land & buildings | € 953,714 | € 918,093 | € 882,472 | € 860,405 | ▼ 3% |
| Retained profit | € 1,336,326 | € 1,244,346 | € 1,276,078 | € 1,497,064 | ▲ 17% |
| Dividend | € 0 | € 0 | € 400,000 | € 400,000 | |
| Bank debt | € 97,890 | € 831,770 | € 747,375 | € 1,034,759 | ▲ 38% |
| Balance sheet total | € 2,990,230 | € 4,071,632 | € 4,583,802 | € 4,979,255 | ▲ 9% |
| Employees (FTE) | 14.2 | 14.6 | 18.4 | 16 | ▼ 2.4 |
Key figures of HOVAN, 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 October 2026.
What happened to HOVAN?
What happened at HOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 620,985 (▲ 44% vs 2024). filed late Source: NBB ↗
- Yves Hoeck became a director. NBB
- Philippe Hoeck became a director. NBB
- Arcy BVBA became a director. NBB
- New establishment in Herselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 175,705 profit in 2022 to € 620,985 profit in 2025.
Paid € 255,894 in corporate taxes since 2022.
Best year ever: 2025, with € 620,985 profit.
On average € 99,100 of value added per employee in 2025.
Management
The stake of ARCY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HOVANBehind HOVAN are Yves Hoeck, Philippe Hoeck and Arcy BVBA. The shares are held by ARCY (100%).
Directors
According to the 2025 annual accounts
Philippe Hoeck
Director
Also active at: API, PEETERS ALGEMENE SCHRIJNWERKERIJ, H5-INVEST, RIKAL, b-projects, ARCY, VP Invest, BUILDING GROUP +3 more
since 2016
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolfsdonksesteenweg 1
2230 Herselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.816.754
- VAT number
- BE 0423.816.754
- Registered office
- Wolfsdonksesteenweg 1, 2230 Herselt
- Names & denominations
- HOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1983
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)