Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IGOV from Wichelen, company number BE0426046665, closed financial year 2025 with a result of € 114,105 after tax. For that financial year IGOV recorded a gross margin of € 568,495 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 334,150 to € 114,105. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,105
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 237,225
▲ € 188,758 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 € 2.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 4 million
▲ 129% vs 2024
€ 98,913 is repaid this year. At this pace the long-term loan is gone in ≈ 39 years.
€ 31,121
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,171
▼ 97% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 436,665 | € 490,258 | € 783,142 | € 568,495 | ▼ 27% |
| Profit after taxes | € 124,153 | € 230,577 | € 334,150 | € 114,105 | ▼ 66% |
| Equity | € 1,350,943 | € 1,713,947 | € 2,048,098 | € 2,162,203 | ▲ 6% |
| Total debts | € 2,703,731 | € 2,393,095 | € 2,542,668 | € 5,018,484 | ▲ 97% |
| Cash | € 93,393 | € 18,369 | € 48,467 | € 237,225 | ▲ € 188,758 |
| Land & buildings | € 4,048,110 | € 4,158,615 | € 4,449,407 | € 6,796,872 | ▲ 53% |
| Retained profit | € 1,287,632 | € 1,648,543 | € 1,982,693 | € 2,096,798 | ▲ 6% |
| Bank debt | € 2,019,049 | € 1,681,883 | € 1,739,288 | € 3,974,596 | ▲ 129% |
| Balance sheet total | € 4,156,641 | € 4,202,526 | € 4,679,767 | € 7,263,206 | ▲ 55% |
Key figures of IGOV, 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 IGOV?
What happened at IGOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A-Group BV stepped down as director. NBB
- Didier Govaert stepped down as director. NBB
- Geertrui Goossens stepped down as director. NBB
- Inge Govaert stepped down as director. NBB
- Kristof Govaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 114,105 (▼ 66% vs 2024). filed late Source: NBB ↗
- A-Group BV became a director. NBB
- Didier Govaert became a director. NBB
In short
From € 124,153 profit in 2022 to € 114,105 profit in 2025.
Paid € 337,979 in corporate taxes since 2022.
Best year ever: 2024, with € 334,150 profit.
Management
The shares are held by Govimmo.
Directors
According to the 2025 annual accounts
Director · represented by Willy Govaert
since 2023 · until 2029
Didier Govaert
Director
Also active at: WILLER, A.B.O.G., BECAUS, ROAD SWEEPER RENTING, AQUAMELLA, A 2, REGOMEF, MARQUISE DE MOULBAIX +7 more
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolfgat 14
9260 Wichelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.046.665
- VAT number
- BE 0426.046.665
- Registered office
- Wolfgat 14, 9260 Wichelen
- Names & denominations
- IGOV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 1984
- Peppol
- Active · Active since 25 Nov 2025