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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BOVAGA from Waasmunster, company number BE0427436834, closed financial year 2025 with a result of € -28,029 after tax. For that financial year BOVAGA recorded a gross margin of € 365,765 and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 56,851 to € -28,029. 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 August 17, 2026.
€ 4.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,029
▼ still € 56,851 profit in 2024
Profit after tax over the fiscal year.
€ 221,821
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 7,789
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▼ 8% vs 2024
€ 292,970 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 69,034
▲ € 56,583 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,797
▲ 259% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 395,883 | € 437,502 | € 425,042 | € 365,765 | ▼ 14% |
| Profit after taxes | € -103,591 | € 185,742 | € 56,851 | € -28,029 | ▼ € 84,880 |
| Equity | € 4,043,448 | € 4,229,190 | € 4,185,987 | € 4,157,958 | ▼ 1% |
| Total debts | € 5,108,288 | € 4,797,435 | € 4,618,111 | € 4,334,525 | ▼ 6% |
| Cash | € 1,043,339 | € 766,882 | € 780,590 | € 221,821 | ▼ 72% |
| Land & buildings | € 6,959,670 | € 6,946,104 | € 6,691,889 | € 6,418,693 | ▼ 4% |
| Retained profit | € 1,006,011 | € 1,191,753 | € 1,148,550 | € 1,120,521 | ▼ 2% |
| Dividend | € 0 | € 0 | € 100,053 | € 0 | ▼ 100% |
| Bank debt | € 4,621,578 | € 4,341,534 | € 4,100,526 | € 3,777,322 | ▼ 8% |
| Balance sheet total | € 9,506,128 | € 9,372,705 | € 9,134,759 | € 8,807,726 | ▼ 4% |
Key figures of BOVAGA, 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 BOVAGA?
What happened at BOVAGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Van Gaeveren stepped down as director. NBB
- François Van Gaeveren stepped down as director. NBB
- Teresita Van Gaeveren stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,029 (▼ € 84,880 vs 2024). filed late Source: NBB ↗
- Geert Van Gaeveren became a director. NBB
- François Van Gaeveren became a director. NBB
- Teresita Van Gaeveren became a director. NBB
- New establishment in Waasmunster. KBO
In short
From € 103,591 loss in 2022 to € 28,029 loss in 2025.
Paid € 14,719 in corporate taxes since 2022.
Best year ever: 2023, with € 185,742 profit.
Paid out € 100,053 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Geert Van Gaeveren
Voorzitter van het Bestuursorgaan
Also active at: Ondernemingen Van Gaeveren, PONTRAVE, ALBETON CONSTRUCT, A & G Betonwerken, ROOSENBERGHOF, BETON-EN GRONDWERKEN VAN GAEVEREN
since 2026 · until 2026
François Van Gaeveren
Director
Also active at: FRANCOIS VAN GAEVEREN, Ondernemingen Van Gaeveren, YVAGA, ROOSENBERGHOF, VGF INVEST & CONSULTING
since 2026 · until 2026
Teresita Van Gaeveren
Director
since 2026 · until 2026
Establishments
Establishment units
Physical locations of this company
Abdij van Roosenberglaan 1
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0427.436.834
- VAT number
- BE 0427.436.834
- Registered office
- Abdij van Roosenberglaan 1, 9250 Waasmunster
- Names & denominations
- BOVAGA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1985
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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