Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Bovel from Merelbeke-Melle, company number BE0424265924, closed financial year 2024 with a result of € -4,559 after tax. For that financial year Bovel recorded a gross margin of € 139,918 and equity of € 803,453. Compared with financial year 2023, the result moved from € 21,754 to € -4,559. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2025.
€ 803,453
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,559
▼ still € 21,754 profit in 2023
Profit after tax over the fiscal year.
€ 91,096
▲ 81% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 503,453.
People and assets in 2024
€ 55,938
▲ 2% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 520
▼ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 196,679
▼ 19% vs 2023
€ 45,961 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 42,153
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,586
▼ 31% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 223,810 | € 235,963 | € 206,760 | € 139,918 | ▼ 32% |
| Profit after taxes | € 64,705 | € 63,386 | € 21,754 | € -4,559 | ▼ € 26,313 |
| Equity | € 431,556 | € 494,942 | € 808,012 | € 803,453 | ▼ 1% |
| Total debts | € 971,851 | € 1,103,861 | € 1,057,322 | € 1,360,642 | ▲ 29% |
| Cash | € 64,963 | € 23,788 | € 50,372 | € 91,096 | ▲ 81% |
| Land & buildings | € 853,563 | € 934,594 | € 1,278,061 | € 1,631,540 | ▲ 28% |
| Retained profit | € 422,872 | € 486,258 | € 508,012 | € 503,453 | ▼ 1% |
| Bank debt | € 330,042 | € 286,329 | € 241,879 | € 196,679 | ▼ 19% |
| Balance sheet total | € 1,403,407 | € 1,598,804 | € 1,865,335 | € 2,164,095 | ▲ 16% |
| Employees (FTE) | - | - | 1 | - |
Key figures of Bovel, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Bovel?
What happened at Bovel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,559 (▼ € 26,313 vs 2023). Source: NBB ↗
- Ignace Bondroit became a director. NBB
- Simon Van Acker became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,705 profit in 2021 to € 4,559 loss in 2024.
Paid € 78,165 in corporate taxes since 2021.
Best year ever: 2021, with € 64,705 profit.
On average € 206,800 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Bovel are Ignace Bondroit and Simon Van Acker.
Directors
According to the 2024 annual accounts
Ignace Bondroit
Director
since 2023
Simon Van Acker
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Roskamstraat 13
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.265.924
- VAT number
- BE 0424.265.924
- Registered office
- Roskamstraat 13, 9820 Merelbeke-Melle
- Names & denominations
- Bovel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1983
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Teelt van bloemen
Bloementeelt
Groothandel in bloemen en planten