Financials
Financial year 2025
DUROVAR from Alveringem, company number BE0448241057, closed financial year 2025 with a result of € 549,459 after tax. For that financial year DUROVAR recorded a gross margin of € 1.3 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 123,110 to € 549,459. 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 20, 2026.
€ 2.5 million
▲ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 549,459
▲ € 426,349 vs 2024
Profit after tax over the fiscal year.
€ 1,182
▼ 99% 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 € 2.1 million.
People and assets in 2025
1.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 27,322
▼ 59% vs 2024
€ 17,100 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.
€ 73,899
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 12% vs 2024
€ 290,285 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 658,858
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,046
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 706,284 | € 726,550 | € 676,171 | € 1,340,272 | ▲ 98% |
| Profit after taxes | € 363,477 | € 285,954 | € 123,110 | € 549,459 | ▲ € 426,349 |
| Equity | € 1,272,750 | € 1,543,404 | € 1,668,363 | € 2,515,027 | ▲ 51% |
| Total debts | € 4,744,534 | € 3,435,065 | € 3,465,480 | € 3,984,807 | ▲ 15% |
| Cash | € 780 | € 15,472 | € 106,302 | € 1,182 | ▼ 99% |
| Land & buildings | € 3,400,927 | € 3,257,113 | € 3,011,149 | € 3,611,746 | ▲ 20% |
| Retained profit | € 791,959 | € 1,094,190 | € 1,233,800 | € 2,086,458 | ▲ 69% |
| Bank debt | € 3,486,283 | € 3,154,471 | € 2,847,659 | € 3,194,952 | ▲ 12% |
| Balance sheet total | € 6,026,081 | € 4,986,417 | € 5,141,831 | € 6,649,650 | ▲ 29% |
| Employees (FTE) | - | 0.5 | 2 | 1.6 | ▼ 0.4 |
Key figures of DUROVAR, 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 DUROVAR?
What happened at DUROVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 549,459 (▲ € 426,349 vs 2024). Source: NBB ↗
- New establishment in Alveringem. KBO
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 363,477 profit in 2022 to € 549,459 profit in 2025.
Paid € 193,787 in corporate taxes since 2022.
Best year ever: 2025, with € 549,459 profit.
On average € 837,700 of value added per employee in 2025.
Management
Behind DUROVAR is Tobias Vereecke. It owns 32.7% of Biowest itself.
Directors
According to the 2025 annual accounts
Tobias Vereecke
Director
Establishments
Establishment units
Physical locations of this company
Abeelestraat 1
8691 Alveringem
Roesbruggestraat 57 A
8691 Alveringem
Active since 12 October 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.241.057
- VAT number
- BE 0448.241.057
- Registered office
- Abeelestraat 1, 8691 Alveringem
- Names & denominations
- DUROVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1992
- Peppol
- Active · Active since 7 Dec 2024
- Activities · NACE
Fokvarkenshouderijen
Pluimveehouderijen, muv kippenkwekerijen
Overige pluimveehouderijen
Gemengd landbouwbedrijf
Gemengd bedrijf