Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARROVAN TRADING from Antwerpen, company number BE0447055875, closed financial year 2025 with a result of € 439,573 after tax. For that financial year GARROVAN TRADING recorded a gross margin of € 598,207 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 1.2 million to € 439,573. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 1.8 million
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 439,573
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 7,630
▼ 53% 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 € 1.7 million.
Debts at end 2025
€ 1.2 million
▼ 38% vs 2024
€ 22,045 is repaid this year. At this pace the long-term loan is gone in ≈ 52 years.
€ 45,499
▲ € 40,204 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,783
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 157,868 | € -5,877 | € 104,425 | € 598,207 | ▲ € 493,782 |
| Profit after taxes | € 46,673 | € -172,451 | € 1,191,194 | € 439,573 | ▼ 63% |
| Equity | € 306,175 | € 133,725 | € 1,324,919 | € 1,764,492 | ▲ 33% |
| Total debts | € 2,982,790 | € 3,189,136 | € 6,376,272 | € 5,917,999 | ▼ 7% |
| Cash | € 17,265 | € 20,435 | € 16,080 | € 7,630 | ▼ 53% |
| Land & buildings | € 579,075 | € 562,650 | € 546,059 | € 529,468 | ▼ 3% |
| Retained profit | € 244,175 | € 71,725 | € 1,262,919 | € 1,702,492 | ▲ 35% |
| Bank debt | € 1,642,759 | € 1,621,945 | € 1,875,724 | € 1,154,098 | ▼ 38% |
| Balance sheet total | € 3,321,540 | € 3,354,211 | € 7,731,302 | € 7,711,365 |
Key figures of GARROVAN TRADING, 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 GARROVAN TRADING?
What happened at GARROVAN TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 439,573 (▼ 63% vs 2024). Source: NBB ↗
- Eva Adriaens became a director. NBB
- Plus - Plus Of + - + bv became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,673 profit in 2022 to € 439,573 profit in 2025.
Paid € 117,348 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
A new publication or filing at GARROVAN TRADING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GARROVAN TRADING are Plus - Plus Of + - + bv and Eva Adriaens. It owns 50% of STRUCTA-PLAN PLUS and 50% of STRUCTA-PLAN itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Steenackers Louis
Also active at: STRUCTA - PLAN, MARCEL DE VOS & C°, STRUCTA-PLAN PLUS, GARRODIJK, BERG-INVEST, STONE4LIFE, BRICKS
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Hertsdeinstraat 29
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →DOMUX
€ 176,189 gross margin · 2025
Martimo
€ 854,139 gross margin · 2025
EDMAR
GARRODIJK same network
€ -152,530 gross margin · 2025
PLUS/PLUS same network
€ -6,988 gross margin · 2025
+3 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
- 0447.055.875
- VAT number
- BE 0447.055.875
- Registered office
- Hertsdeinstraat 29, 2018 Antwerpen
- Names & denominations
- GARROVAN TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1992
- Peppol
- Active · Active since 16 Dec 2025