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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOVEMA from Herentals, company number BE0439697040, closed financial year 2025 with a result of € 214,934 after tax. For that financial year HOVEMA recorded a gross margin of € 151,036 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 267,317 to € 214,934. The company is profitable. 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 December 10, 2025.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,934
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 176,221
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 188,628 paid out
88 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 500
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 90,976
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,844
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,327
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,251 | € 153,346 | € 184,230 | € 151,036 | ▼ 18% |
| Profit after taxes | € -58,023 | € 353,606 | € 267,317 | € 214,934 | ▼ 20% |
| Equity | € 1,205,848 | € 1,332,887 | € 1,362,661 | € 1,388,967 | ▲ 2% |
| Total debts | € 1,588,346 | € 1,030,109 | € 714,810 | € 785,907 | ▲ 10% |
| Cash | € 373,405 | € 558,839 | € 103,066 | € 176,221 | ▲ 71% |
| Land & buildings | € 1,260,681 | € 1,215,952 | € 1,275,146 | € 1,219,875 | ▼ 4% |
| Retained profit | € 1,131,480 | € 1,258,519 | € 1,288,293 | € 1,314,599 | ▲ 2% |
| Dividend | € 748,089 | € 226,567 | € 237,543 | € 188,628 | ▼ 21% |
| Balance sheet total | € 2,834,376 | € 2,401,571 | € 2,114,439 | € 2,209,657 | ▲ 5% |
Key figures of HOVEMA, 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 HOVEMA?
What happened at HOVEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 214,934 (▼ 20% vs 2024). Source: NBB ↗
- Geert Buysse stepped down as director. NBB
- Ann Laurijssens stepped down as director. NBB
- Geert Buysse became a director. NBB
- Ann Laurijssens became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,023 loss in 2022 to € 214,934 profit in 2025.
Paid € 177,387 in corporate taxes since 2022.
Best year ever: 2023, with € 353,606 profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
It owns 99.7% of Herac itself.
Directors
According to the 2025 annual accounts
Geert Buysse
Director
since 2019 · until 2025
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Slagveld(HRT) 5
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.697.040
- VAT number
- BE 0439.697.040
- Registered office
- Slagveld(HRT) 5, 2200 Herentals
- Names & denominations
- HOVEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 1990
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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