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
HOVENIERSGEBROEDERS from Gavere, company number BE0431553592, closed financial year 2025 with a result of € 5,669 after tax. For that financial year HOVENIERSGEBROEDERS recorded a gross margin of € 597,360 and equity of € 659,509. Compared with financial year 2024, the result moved from € 81,044 to € 5,669. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 659,509
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,669
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 62,674
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 373,840
▲ 24% vs 2024
€ 64,500 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.
€ 415,686
▲ 19% vs 2024
Of which on lease € 381,749.
Debts at end 2025
€ 1.1 million
▲ 3% vs 2024
€ 150,387 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 486,399
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,865
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 523,381 | € 615,826 | € 622,436 | € 597,360 | ▼ 4% |
| Profit after taxes | € 74,161 | € 78,100 | € 81,044 | € 5,669 | ▼ 93% |
| Equity | € 629,696 | € 707,796 | € 713,840 | € 659,509 | ▼ 8% |
| Total debts | € 1,531,218 | € 1,616,275 | € 1,957,051 | € 1,738,093 | ▼ 11% |
| Cash | € 27,771 | € 50,135 | € 117,451 | € 62,674 | ▼ 47% |
| Land & buildings | € 1,124,486 | € 1,124,937 | € 1,094,012 | € 1,048,144 | ▼ 4% |
| Retained profit | € 511,096 | € 589,196 | € 595,240 | € 540,909 | ▼ 9% |
| Dividend | € 0 | € 0 | € 75,000 | € 60,000 | ▼ 20% |
| Bank debt | € 1,121,823 | € 1,141,078 | € 1,114,986 | € 1,145,329 | ▲ 3% |
| Balance sheet total | € 2,160,913 | € 2,324,071 | € 2,670,892 | € 2,397,602 | ▼ 10% |
| Employees (FTE) | 6.7 | 6.8 | 5.3 | 5.8 | ▲ 0.5 |
Key figures of HOVENIERSGEBROEDERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to HOVENIERSGEBROEDERS?
What happened at HOVENIERSGEBROEDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,669 (▼ 93% vs 2024). filed late Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,161 profit in 2022 to € 5,669 profit in 2025.
Paid € 61,009 in corporate taxes since 2022.
Best year ever: 2024, with € 81,044 profit.
On average € 103,000 of value added per employee in 2025.
Management
Behind HOVENIERSGEBROEDERS are Gerrit Vandenhove and Jeroen Vandenhove.
Directors
According to the 2025 annual accounts
Gerrit Vandenhove
Director
Jeroen Vandenhove
Director
Establishments
Establishment units
Physical locations of this company
Lindeboomstraat 11
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0431.553.592
- VAT number
- BE 0431.553.592
- Registered office
- Lindeboomstraat 11, 9890 Gavere
- Names & denominations
- HOVENIERSGEBROEDERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1987
- Peppol
- Active · Active since 28 Aug 2023
- Contact
- dehovenier.be [email protected]
- Activities · NACE
Landschapsverzorging
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Detailhandel in groenten en fruit
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)