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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BOUVARCO from Ieper, company number BE0451455222, closed financial year 2025 with a result of € 178,335 after tax. For that financial year BOUVARCO recorded a gross margin of € 416,649 and equity of € 717,951. Compared with financial year 2024, the result moved from € 403,414 to € 178,335. 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 January 29, 2026.
€ 717,951
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,335
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 109,301
▼ 21% 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 € 117,951.
People and assets in 2025
€ 125
▼ € 30,133 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
€ 130,000
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 1.3 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 750,865 | € 140,138 | € 891,159 | € 416,649 | ▼ 53% |
| Profit after taxes | € 704,297 | € 29,558 | € 403,414 | € 178,335 | ▼ 56% |
| Equity | € 106,645 | € 136,203 | € 539,616 | € 717,951 | ▲ 33% |
| Total debts | € 4,634,167 | € 2,833,774 | € 1,945,937 | € 1,430,641 | ▼ 26% |
| Cash | € 355,697 | € 174,791 | € 138,483 | € 109,301 | ▼ 21% |
| Retained profit | € -493,355 | € -463,797 | € -60,384 | € 117,951 | ▲ € 178,335 |
| Bank debt | € 830,000 | € 830,000 | € 530,000 | € 130,000 | ▼ 75% |
| Balance sheet total | € 4,740,812 | € 2,969,976 | € 2,485,553 | € 2,148,593 | ▼ 14% |
| Employees (FTE) | 1.1 | 1.1 | 0.5 | - |
Key figures of BOUVARCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BOUVARCO?
What happened at BOUVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,335 (▼ 56% vs 2024). Source: NBB ↗
- New establishment in Vleteren. KBO
- New establishment in Vleteren. KBO
- New establishment in Vleteren. KBO
- New establishment in Vleteren. KBO
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 704,297 profit in 2022 to € 178,335 profit in 2025.
Paid € 13,000 in corporate taxes since 2022.
Best year ever: 2022, with € 704,297 profit.
On average € 127,400 of value added per employee in 2023.
Management
Behind BOUVARCO is Ivan Debaeke. Ivan Debaeke is also behind VOEDERS DEBAEKE, SYMATRA, BE.FERT, TOPFOK and BELFRAN.
Establishments
Establishment units
Physical locations of this company
Oude Boezingestraat 1
8906 Ieper
Kooiaardstraat(West) 4
8640 Vleteren
Active since 1 September 2014
Oude Boezingestraat 12
8906 Ieper
Active since 31 December 2013
Omloop-Noord(Woes) 1
8640 Vleteren
Active since 1 September 2014
Kallestraat(West) 13
8640 Vleteren
Active since 1 January 2016
Boterweg(Oost) 5
8640 Vleteren
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.455.222
- VAT number
- BE 0451.455.222
- Registered office
- Oude Boezingestraat 1, 8906 Ieper
- Names & denominations
- BOUVARCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1993
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij