What does Govaere Bouw do?

Govaere Bouw is registered with the CBE as active in: Bouwen van individuele huizen. Public Limited, started on 21 December 1990, 2 establishments.

What is the address of Govaere Bouw?

The registered office of Govaere Bouw is located at Pieter Verhaeghestraat 22, 8520 Kuurne.

Is Govaere Bouw still active?

Yes. According to the CBE (29 October 2026) Govaere Bouw is active, legal situation “Normale toestand”, started on 21 December 1990.

Is Govaere Bouw registered on Peppol?

Yes, Govaere Bouw is registered on the Peppol network with ID 0208:0442814502.

What is the enterprise number of Govaere Bouw?

The enterprise number of Govaere Bouw is BE0442814502.

When was Govaere Bouw founded?

Govaere Bouw was founded on 21 December 1990.

Who are the directors of Govaere Bouw?

According to the 2025 annual accounts, the directors of Govaere Bouw are: HGOVAERE CommV, JFGOVAERE CommV, PGOVAERE CommV.

Is Govaere Bouw a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 1990; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did Govaere Bouw make in 2025?

Govaere Bouw posted a profit after taxes of € 257,839 in financial year 2025.

What is the revenue of Govaere Bouw?

In its most recent annual accounts (2025), Govaere Bouw reported revenue of € 14,951,492.

How much does an employee at Govaere Bouw earn?

The average wage cost per full-time employee at Govaere Bouw was € 74,800 in 2025: staff costs of € 2.1 million for 28.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Govaere Bouw have?

According to the 2025 annual accounts, Govaere Bouw has 28.1 full-time equivalents (FTE).

Govaere Bouw (Public Limited) - Kuurne - BE0442814502

Dossier Govaere Bouw, printed on 29 October 2026 from databakkes.be/en/0442814502/govaere-bouw. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Govaere Bouw from Kuurne, company number BE0442814502, closed financial year 2025 with a result of € 257,839 after tax. For that financial year Govaere Bouw recorded revenue of € 15 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 474,161 to € 257,839. 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 June 4, 2026.

What it is worth Growing

€ 4 million

▲ 7% vs 2024

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

Profit Healthy

€ 257,839

▼ 46% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 15% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.4 million.

People and assets in 2025

Full-time equivalents

28.1

▲ 0.2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.1 million

▲ 4% vs 2024

€ 74,800 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

€ 144,153

▼ 19% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.1 million

▼ 11% vs 2024

€ 408,845 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 2.8 million

▼ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 199,562

▼ 38% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 15,402,087 Revenue 2022: € 15,402,087 First fiscal year in the series	€ 23,622,155 Revenue 2023: € 23,622,155 ▲ 53% vs 2022 (€ 15,402,087) Favourable step	€ 16,205,063 Revenue 2024: € 16,205,063 ▼ 31% vs 2023 (€ 23,622,155) Unfavourable step	€ 14,951,492 Revenue 2025: € 14,951,492 ▼ 8% vs 2024 (€ 16,205,063) Unfavourable step	▼ 8%
Profit after taxes	€ 11,040 Profit after taxes 2022: € 11,040 First fiscal year in the series	€ 443,616 Profit after taxes 2023: € 443,616 ▲ € 432,576 vs 2022 (€ 11,040) Favourable step	€ 474,161 Profit after taxes 2024: € 474,161 ▲ 7% vs 2023 (€ 443,616) Favourable step	€ 257,839 Profit after taxes 2025: € 257,839 ▼ 46% vs 2024 (€ 474,161) Unfavourable step	▼ 46%
Equity	€ 2,774,662 Equity 2022: € 2,774,662 First fiscal year in the series	€ 3,218,277 Equity 2023: € 3,218,277 ▲ 16% vs 2022 (€ 2,774,662) Favourable step	€ 3,692,438 Equity 2024: € 3,692,438 ▲ 15% vs 2023 (€ 3,218,277) Favourable step	€ 3,950,277 Equity 2025: € 3,950,277 ▲ 7% vs 2024 (€ 3,692,438) Favourable step	▲ 7%
Total debts	€ 9,073,972 Total debts 2022: € 9,073,972 First fiscal year in the series	€ 7,754,739 Total debts 2023: € 7,754,739 ▼ 15% vs 2022 (€ 9,073,972) Favourable step	€ 7,261,396 Total debts 2024: € 7,261,396 ▼ 6% vs 2023 (€ 7,754,739) Favourable step	€ 6,270,056 Total debts 2025: € 6,270,056 ▼ 14% vs 2024 (€ 7,261,396) Favourable step	▼ 14%
Cash	€ 797,810 Cash 2022: € 797,810 First fiscal year in the series	€ 197,426 Cash 2023: € 197,426 ▼ 75% vs 2022 (€ 797,810) Unfavourable step	€ 942,369 Cash 2024: € 942,369 ▲ € 744,943 vs 2023 (€ 197,426) Favourable step	€ 1,079,304 Cash 2025: € 1,079,304 ▲ 15% vs 2024 (€ 942,369) Favourable step	▲ 15%
Land & buildings	€ 5,522,207 Land & buildings 2022: € 5,522,207 First fiscal year in the series	€ 5,239,532 Land & buildings 2023: € 5,239,532 ▼ 5% vs 2022 (€ 5,522,207) Unchanged	€ 4,921,215 Land & buildings 2024: € 4,921,215 ▼ 6% vs 2023 (€ 5,239,532) Unchanged	€ 4,562,253 Land & buildings 2025: € 4,562,253 ▼ 7% vs 2024 (€ 4,921,215) Unchanged	▼ 7%
Retained profit	€ 2,175,731 Retained profit 2022: € 2,175,731 First fiscal year in the series	€ 2,619,347 Retained profit 2023: € 2,619,347 ▲ 20% vs 2022 (€ 2,175,731) Favourable step	€ 3,093,508 Retained profit 2024: € 3,093,508 ▲ 18% vs 2023 (€ 2,619,347) Favourable step	€ 3,351,347 Retained profit 2025: € 3,351,347 ▲ 8% vs 2024 (€ 3,093,508) Favourable step	▲ 8%
Bank debt	€ 4,592,828 Bank debt 2022: € 4,592,828 First fiscal year in the series	€ 4,529,457 Bank debt 2023: € 4,529,457 ▼ 1% vs 2022 (€ 4,592,828) Favourable step	€ 3,526,474 Bank debt 2024: € 3,526,474 ▼ 22% vs 2023 (€ 4,529,457) Favourable step	€ 3,135,318 Bank debt 2025: € 3,135,318 ▼ 11% vs 2024 (€ 3,526,474) Favourable step	▼ 11%
Balance sheet total	€ 12,363,104 Balance sheet total 2022: € 12,363,104 First fiscal year in the series	€ 11,502,486 Balance sheet total 2023: € 11,502,486 ▼ 7% vs 2022 (€ 12,363,104) Unchanged	€ 10,991,850 Balance sheet total 2024: € 10,991,850 ▼ 4% vs 2023 (€ 11,502,486) Unchanged	€ 10,365,141 Balance sheet total 2025: € 10,365,141 ▼ 6% vs 2024 (€ 10,991,850) Unchanged	▼ 6%
Employees (FTE)	40.6 Employees (FTE) 2022: 40.6 First fiscal year in the series	33 Employees (FTE) 2023: 33 ▼ 7.6 vs 2022 (40.6) Unchanged	27.9 Employees (FTE) 2024: 27.9 ▼ 5.1 vs 2023 (33) Unchanged	28.1 Employees (FTE) 2025: 28.1 ▲ 0.2 vs 2024 (27.9) Unchanged	▲ 0.2

Key figures of Govaere Bouw, 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 Govaere Bouw?

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

2031 HGOVAERE CommV stepped down as director. NBB
2031 JFGOVAERE CommV stepped down as director. NBB
2031 PGOVAERE CommV stepped down as director. NBB
Jun 4, 2026 New annual accounts for financial year 2025: profit of € 257,839 (▼ 46% vs 2024). Source: NBB ↗
2025 HGOVAERE CommV became a director. NBB
2025 JFGOVAERE CommV became a director. NBB
2025 PGOVAERE CommV became a director. NBB
Sep 6, 2019 New establishment in Kuurne. KBO

In short

From € 11,040 profit in 2022 to € 257,839 profit in 2025.

Paid € 237,586 in corporate taxes since 2022.

Best year ever: 2024, with € 474,161 profit.

Pays suppliers within 82 days on average.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

HGOVAERE CommV

Director · represented by Henri Govaere

Also active at: Govaere Immo

since 2025 · until 2031

JFGOVAERE CommV

Director · represented by Jan Govaere

Also active at: Govaere Immo

since 2025 · until 2031

PGOVAERE CommV

Director · represented by Pierre Govaere

Also active at: Govaere Immo

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Pieter Verhaeghestraat 22

8520 Kuurne

2.051.964.724

Heulsestraat 79

8860 Lendelede

Active since 13 March 1991

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

JFGOVAERE same network

LIANIL

€ 56,531 gross margin · 2025

HJP

Govaere Immo same network

€ -7,980 gross margin · 2025

GROEP GOVAERE

+2 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0442.814.502

VAT number

BE 0442.814.502

Registered office

Pieter Verhaeghestraat 22, 8520 Kuurne

Names & denominations

Govaere Bouw

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 December 1990

Peppol

Active · Active since 23 Sept 2025

Activities · NACE

Bouwen van individuele huizen

Algemene bouw van residentiële gebouwen

Schrijnwerk

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Schrijnwerk van hout of van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

Govaere Bouw

Financials

What happened to Govaere Bouw?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions