Active · per the CBE, 30 October 2026

DUBAVO

BE0437634801

Rechtspersoon Public limited company 1 establishment

DUBAVO is a wholesaler in Lo-Reninge. Public Limited, started on 12 May 1989, 1 establishment.

Broekstraat(Ren) 18, 8647 Lo-Reninge

Behind the company: Lobelia, Kurt Bervoet, Maria Dubaere.

Active for

37 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

Financials

Financial year 2025

DUBAVO from Lo-Reninge, company number BE0437634801, closed financial year 2025 with a result of € -69,927 after tax. For that financial year DUBAVO recorded a gross margin of € 609,086 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -285,583 to € -69,927. 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 December 19, 2025.

What it is worth Healthy

€ 2.7 million

▼ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -69,927

▲ 76 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 354,828

▲ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.6 million.

People and assets in 2025

Full-time equivalents

8.1

▲ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 501,747

▲ 17% vs 2024

€ 61,900 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.

Vehicles and equipment

€ 50,972

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 195,684

▲ 3% vs 2024

€ 26,361 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 546,057

▼ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 55,827

▼ 41% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 212,362 € 552,651 € 361,696 € 609,086 ▲ 68%
Profit after taxes € -195,266 € -159,089 € -285,583 € -69,927 ▲ € 215,656
Equity € 3,205,397 € 3,046,308 € 2,760,725 € 2,690,798 ▼ 3%
Total debts € 1,183,563 € 1,664,808 € 1,681,494 € 1,278,103 ▼ 24%
Cash € 157,847 € 473,585 € 347,222 € 354,828 ▲ 2%
Land & buildings € 1,484,351 € 1,646,527 € 1,525,683 € 1,419,115 ▼ 7%
Retained profit € 3,124,397 € 2,965,308 € 2,679,725 € 2,609,798 ▼ 3%
Bank debt € 119,810 € 435,021 € 189,481 € 195,684 ▲ 3%
Balance sheet total € 4,388,960 € 4,711,116 € 4,442,219 € 3,968,900 ▼ 11%
Employees (FTE) 8.7 8 7.2 8.1 ▲ 0.9

Key figures of DUBAVO, 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 DUBAVO?

What happened at DUBAVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 69,927. Source: NBB ↗
  • New establishment in Lo-Reninge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 195,266 loss in 2022 to € 69,927 loss in 2025.

Paid € 2,030 in corporate taxes since 2022.

On average € 75,200 of value added per employee in 2025.

Management

LOBELIA 100%

The stake of LOBELIA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DUBAVO

Behind DUBAVO are Lobelia, Kurt Bervoet and Maria Dubaere. The shares are held by LOBELIA (100%).

Directors

According to the 2025 annual accounts

Lobelia

Managing director · represented by Voet GEERTRUI

Kurt Bervoet

Director

Maria Dubaere

Managing director

Also active at: VOET CONSULTING

Shareholders

LOBELIA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Broekstraat(Ren) 18

8647 Lo-Reninge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0437.634.801
VAT number
BE 0437.634.801
Registered office
Broekstraat(Ren) 18, 8647 Lo-Reninge
Names & denominations
DUBAVO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
12 May 1989
Peppol
Active · Active since 27 Nov 2025
Activities · NACE

Groothandel in farmaceutische en medische artikelen

Groothandel in farmaceutische producten

Frequently asked questions

What does DUBAVO do?
DUBAVO is a wholesaler in Lo-Reninge. Public Limited, started on 12 May 1989, 1 establishment.
What is the address of DUBAVO?
The registered office of DUBAVO is located at Broekstraat(Ren) 18, 8647 Lo-Reninge.
Is DUBAVO still active?
Yes. According to the CBE (30 October 2026) DUBAVO is active, legal situation “Normale toestand”, started on 12 May 1989.
Is DUBAVO registered on Peppol?
Yes, DUBAVO is registered on the Peppol network with ID 0208:0437634801.
What is the enterprise number of DUBAVO?
The enterprise number of DUBAVO is BE0437634801.
When was DUBAVO founded?
DUBAVO was founded on 12 May 1989.