Active · per the CBE, 29 October 2026

AAROVA

BE0451263992

Rechtspersoon Non-profit association 6 establishments

AAROVA is a secondary school in Oudenaarde. Non-profit, started on 29 November 1993, 6 establishments.

Industriepark "De Bruwaan" 85, 9700 Oudenaarde

Active for

32 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

AAROVA from Oudenaarde, company number BE0451263992, closed financial year 2025 with a result of € -139,353 after tax. For that financial year AAROVA recorded revenue of € 5.6 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -212,418 to € -139,353. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.

What it is worth Healthy

€ 2.5 million

▼ 7% vs 2024

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

Loss Caution

€ -139,353

▲ 34 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 176,116

▼ 9% vs 2024

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

People and assets in 2025

Full-time equivalents

306.2

▲ 3.5 vs 2024

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

Wage cost

€ 11.2 million

▲ 1% vs 2024

€ 36,600 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

€ 695,094

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 2.7 million

▼ 10% vs 2024

€ 254,431 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 316,936

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.

Taxes and wages

€ 1.8 million

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 5,492,565 € 5,444,115 € 5,347,759 € 5,621,617 ▲ 5%
Profit after taxes € 421,688 € -170,680 € -212,418 € -139,353 ▲ € 73,065
Equity € 3,101,443 € 2,927,553 € 2,649,644 € 2,474,538 ▼ 7%
Total debts € 4,650,720 € 5,433,571 € 5,427,404 € 4,911,764 ▼ 10%
Cash € 52,201 € 44,981 € 192,974 € 176,116 ▼ 9%
Land & buildings € 5,189,934 € 5,748,499 € 5,570,319 € 5,407,014 ▼ 3%
Retained profit € 2,205,702 € 2,035,022 € 1,822,604 € 1,683,250 ▼ 8%
Bank debt € 2,247,545 € 2,760,339 € 3,012,130 € 2,705,893 ▼ 10%
Balance sheet total € 8,387,103 € 8,978,136 € 8,694,060 € 7,954,566 ▼ 9%
Employees (FTE) 325.2 323.8 302.7 306.2 ▲ 3.5

Key figures of AAROVA, 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 AAROVA?

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

  • Piet D'Haeyer stepped down as director. NBB
  • Matthias Tytgat stepped down as director. NBB
  • Anne Saveyn stepped down as director. NBB
  • lode Neyt stepped down as director. NBB
  • Katia Moerman stepped down as director. NBB
  • Klaus Van Hoecke stepped down as director. NBB
  • Caroline Van Driessche stepped down as director. NBB
  • Johan Heyman stepped down as director. NBB

In short

From € 421,688 profit in 2022 to € 139,353 loss in 2025.

Best year ever: 2022, with € 421,688 profit.

Pays suppliers within 58 days on average.

Management

It owns 2.1% of NV Bedrijvencentrum VLARD itself.

Directors

According to the 2025 annual accounts

Katia Moerman

Director

since 2023 · until 2026

lode Neyt

Director

Also active at: De Dauw

since 2024 · until 2027

Piet D'Haeyer

Director

Also active at: PEDEO, DP-Z, PICO

since 2025 · until 2028

Klaus Van Hoecke

Director

Also active at: De Kringwinkel Zuid-Oost-Vlaanderen

since 2023 · until 2026

Anne Saveyn

Director

Also active at: Woonzorgcentrum H.Hart

since 2024 · until 2027

Caroline Van Driessche

Director

since 2023 · until 2026

Matthias Tytgat

Director

since 2025 · until 2028

Johan Heyman

Chairman of the board

since 2023 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark "De Bruwaan" 85

9700 Oudenaarde

2.222.710.854

Industriepark "De Bruwaan" 34

9700 Oudenaarde

Active since 15 October 2008

2.222.710.953

Sint-Kornelisplein 1

9667 Horebeke

Active since 7 October 2011

2.222.711.052

Doorn 12

9700 Oudenaarde

Active since 14 October 2013

2.286.492.611

Industriepark "De Bruwaan" 1

9700 Oudenaarde

Active since 1 January 2019

2.339.591.203

Meersbloem-Melden 46

9700 Oudenaarde

Active since 1 January 2023

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

Details

Company number
0451.263.992
VAT number
BE 0451.263.992
Registered office
Industriepark "De Bruwaan" 85, 9700 Oudenaarde
Names & denominations
AAROVA
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
29 November 1993
Peppol
Active · Active since 17 Sept 2025
Activities · NACE

Beschutte werkplaatsen

Beschutte en sociale werkplaatsen

Vervaardiging van bovenkleding

Confectie van bovenkleding voor heren, dames en kinderen

Vervaardiging van andere bovenkleding

Activiteiten van eetgelegenheden met volledige bediening

Overige activiteiten op het gebied van drukwerk

Overige drukkerijen

+1

Frequently asked questions

What does AAROVA do?
AAROVA is a secondary school in Oudenaarde. Non-profit, started on 29 November 1993, 6 establishments.
What is the address of AAROVA?
The registered office of AAROVA is located at Industriepark "De Bruwaan" 85, 9700 Oudenaarde.
Is AAROVA still active?
Yes. According to the CBE (29 October 2026) AAROVA is active, legal situation “Normale toestand”, started on 29 November 1993.
Is AAROVA registered on Peppol?
Yes, AAROVA is registered on the Peppol network with ID 0208:0451263992.
What is the enterprise number of AAROVA?
The enterprise number of AAROVA is BE0451263992.
When was AAROVA founded?
AAROVA was founded on 29 November 1993.