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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bavo from Dendermonde, company number BE0442926942, closed financial year 2025 with a result of € 89,099 after tax. For that financial year Bavo recorded a gross margin of € 389,012 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -67,831 to € 89,099. 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 August 31, 2026.
€ 2.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,099
▲ still € 67,831 loss in 2024
Profit after tax over the fiscal year.
€ 5,769
▲ 18% 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 € 1.2 million.
People and assets in 2025
€ 126,293
▼ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.2 million
▼ 3% vs 2024
€ 18,126 is repaid this year. At this pace the long-term loan is gone in ≈ 65 years.
€ 12,630
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,693
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 263,627 | € 275,359 | € 237,987 | € 389,012 | ▲ 63% |
| Profit after taxes | € -41,018 | € 728 | € -67,831 | € 89,099 | ▲ € 156,930 |
| Equity | € 2,037,196 | € 2,037,924 | € 1,970,093 | € 2,059,192 | ▲ 5% |
| Total debts | € 2,326,208 | € 2,050,284 | € 1,793,841 | € 1,696,092 | ▼ 5% |
| Cash | € 8,746 | € 6,809 | € 4,906 | € 5,769 | ▲ 18% |
| Land & buildings | € 1,300,962 | € 1,204,375 | € 1,107,788 | € 1,154,602 | ▲ 4% |
| Retained profit | € 1,166,196 | € 1,166,924 | € 1,099,093 | € 1,188,192 | ▲ 8% |
| Bank debt | € 1,326,339 | € 1,268,556 | € 1,210,278 | € 1,170,308 | ▼ 3% |
| Balance sheet total | € 4,467,873 | € 4,183,185 | € 3,849,418 | € 3,831,276 |
Key figures of Bavo, 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 Bavo?
What happened at Bavo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 89,099. filed late Source: NBB ↗
- Willy Van Hoey became a director. NBB
- VAHO-invest BV became a director. NBB
- A & J VOF became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,018 loss in 2022 to € 89,099 profit in 2025.
Paid € 32,450 in corporate taxes since 2022.
Best year ever: 2025, with € 89,099 profit.
Management
The stake of VAHO-invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BavoBehind Bavo are Willy Van Hoey, VAHO-invest BV and A & J VOF. The shares are held by VAHO-invest (33.3%). It owns 100% of Alpas, 99.9% of Metaalconstructies Soetens and 99.8% of Adak itself.
Directors
According to the 2025 annual accounts
Willy Van Hoey
Managing director
Also active at: METAALCONSTRUCTIE SOETENS, ALPAS, ADAK, Regionaal Landschap Schelde-Durme
since 2023
Director · represented by Christophe Van Hoey
Also active at: METAALCONSTRUCTIE SOETENS, ALPAS, ADAK
since 2023
Director · represented by Joris Van Hoey
Also active at: METAALCONSTRUCTIE SOETENS, ALPAS, ADAK
since 2023
Shareholders
33.3%
Participations
Establishments
Establishment units
Physical locations of this company
Steenkaaistraat (BAA) 19
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0442.926.942
- VAT number
- BE 0442.926.942
- Registered office
- Steenkaaistraat (BAA) 19, 9200 Dendermonde
- Names & denominations
- Bavo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 1991
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- carloskoffie.be
- Activities · NACE
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