Financials
Financial year 2025
GOVACO from Lichtervelde, company number BE0425027571, closed financial year 2025 with a result of € 137,145 after tax. For that financial year GOVACO recorded a gross margin of € 170,957 and equity of € 320,033. Compared with financial year 2024, the result moved from € -10,989 to € 137,145. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 19, 2026.
€ 320,033
▲ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,145
▲ still € 10,989 loss in 2024
Profit after tax over the fiscal year.
€ 155,375
▲ € 127,343 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 286,885.
People and assets in 2025
€ 417
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,066
▼ 66% vs 2024
Loans from banks and other lenders, long and short.
€ 22,980
▲ € 18,943 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,816
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,320 | € 1,772 | € 24,936 | € 170,957 | ▲ € 146,021 |
| Profit after taxes | € -14,589 | € -31,580 | € -10,989 | € 137,145 | ▲ € 148,133 |
| Equity | € 225,457 | € 193,877 | € 182,888 | € 320,033 | ▲ 75% |
| Total debts | € 58,821 | € 76,417 | € 81,482 | € 35,518 | ▼ 56% |
| Cash | - | € 11,965 | € 28,032 | € 155,375 | ▲ € 127,343 |
| Land & buildings | € 323,144 | € 300,814 | € 277,120 | € 230,786 | ▼ 17% |
| Retained profit | € 192,309 | € 160,729 | € 149,740 | € 286,885 | ▲ 92% |
| Bank debt | € 14,151 | € 10,181 | € 6,153 | € 2,066 | ▼ 66% |
| Balance sheet total | € 334,278 | € 320,294 | € 314,370 | € 395,551 | ▲ 26% |
Key figures of GOVACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GOVACO?
What happened at GOVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,145. Source: NBB ↗
- New establishment in Lichtervelde. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,589 loss in 2022 to € 137,145 profit in 2025.
Paid € 18,435 in corporate taxes since 2022.
Best year ever: 2025, with € 137,145 profit.
Management
Behind GOVACO are Filip Vanmoerkercke and Karien Vermote.
Directors
According to the 2025 annual accounts
Filip Vanmoerkercke
Director
Karien Vermote
Director
Establishments
Establishment units
Physical locations of this company
Leenstraat 4 C
8810 Lichtervelde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.027.571
- VAT number
- BE 0425.027.571
- Registered office
- Leenstraat 4 C, 8810 Lichtervelde
- Names & denominations
- GOVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1983
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige vrachtbehandeling, exclusief in zeehavens
Overige reiniging van gebouwen; industriële reiniging
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Ondersteunende activiteiten in verband met de veeteelt
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen