Financials
Financial year 2025
GOVAN from Gent, company number BE0442523502, closed financial year 2025 with a result of € 118,730 after tax. For that financial year GOVAN recorded a gross margin of € 1.5 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -81,946 to € 118,730. Profitable, and profit is growing. 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 July 7, 2026.
€ 1.9 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,730
▲ still € 81,946 loss in 2024
Profit after tax over the fiscal year.
€ 299,575
▲ 62% 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 € 728,220.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.7 million
▼ 33% vs 2024
€ 100,956 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 4,056
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,566
▼ 49% 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 | € 256,375 | € 289,303 | € 256,315 | € 1,546,653 | ▲ € 1.3 million |
| Profit after taxes | € 141,662 | € 108,978 | € -81,946 | € 118,730 | ▲ € 200,675 |
| Equity | € 1,732,931 | € 1,841,909 | € 1,759,964 | € 1,878,693 | ▲ 7% |
| Total debts | € 1,696,997 | € 3,271,550 | € 4,111,807 | € 2,741,244 | ▼ 33% |
| Cash | € 466,726 | € 432,890 | € 184,606 | € 299,575 | ▲ 62% |
| Land & buildings | € 537,242 | € 535,748 | € 3,592,094 | € 3,582,373 | |
| Retained profit | € 582,457 | € 691,436 | € 609,490 | € 728,220 | ▲ 19% |
| Bank debt | € 1,583,375 | € 3,096,367 | € 4,054,126 | € 2,706,966 | ▼ 33% |
| Balance sheet total | € 3,452,661 | € 5,153,714 | € 5,911,751 | € 4,659,642 | ▼ 21% |
Key figures of GOVAN, 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 GOVAN?
What happened at GOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IsaGo BV stepped down as director. NBB
- Govim BV stepped down as director. NBB
- Jo Zanders stepped down as director. NBB
- Serimco NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 118,730. Source: NBB ↗
- IsaGo BV became a director. NBB
- Govim BV became a director. NBB
- Jo Zanders became a director. NBB
In short
From € 141,662 profit in 2022 to € 118,730 profit in 2025.
Paid € 58,329 in corporate taxes since 2022.
Best year ever: 2022, with € 141,662 profit.
Management
The stake of SERIMCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOVANThe shares are held by SERIMCO (95%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gustaaf Callierlaan 255
9000 Gent
Wolfgat 22
9260 Wichelen
Active since 24 January 1991
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
- 0442.523.502
- VAT number
- BE 0442.523.502
- Registered office
- Gustaaf Callierlaan 255, 9000 Gent
- Names & denominations
- GOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1990
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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