BOVAKO is a property company in Middelkerke. Public Limited, started on 31 December 1993, 2 establishments.

What is the address of BOVAKO?

The registered office of BOVAKO is located at Zeedijk 107, 8430 Middelkerke.

Is BOVAKO still active?

Yes. According to the CBE (29 October 2026) BOVAKO is active, legal situation “Normale toestand”, started on 31 December 1993.

Is BOVAKO registered on Peppol?

Yes, BOVAKO is registered on the Peppol network with ID 0208:0451965956.

What is the enterprise number of BOVAKO?

The enterprise number of BOVAKO is BE0451965956.

When was BOVAKO founded?

BOVAKO was founded on 31 December 1993.

Who are the directors of BOVAKO?

According to the 2025 annual accounts, the directors of BOVAKO are: Geert BOSSCHAERT, CAVANKO BV.

Is BOVAKO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1993; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did BOVAKO make in 2025?

BOVAKO posted a profit after taxes of € 330,518 in financial year 2025.

What is the revenue of BOVAKO?

As a small company, BOVAKO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,097,149.

How much does an employee at BOVAKO earn?

The average wage cost per full-time employee at BOVAKO was € 75,800 in 2025: staff costs of € 159,269 for 2.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BOVAKO have?

According to the 2025 annual accounts, BOVAKO has 2.1 full-time equivalents (FTE).

BOVAKO (Public Limited) - Middelkerke - BE0451965956

Dossier BOVAKO, printed on 29 October 2026 from databakkes.be/en/0451965956/bovako. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 18 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BOVAKO from Middelkerke, company number BE0451965956, closed financial year 2025 with a result of € 330,518 after tax. For that financial year BOVAKO recorded a gross margin of € 1.1 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 291,803 to € 330,518. 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 December 17, 2025.

What it is worth Growing

€ 4.6 million

▲ 8% vs 2024

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

Profit Growing

€ 330,518

▲ 13% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 276,524

▲ 172% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.2 million.

People and assets in 2025

Full-time equivalents

2.1

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

Wage cost

€ 159,269

▼ 7% vs 2024

€ 75,800 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

€ 71,745

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6.1 million

▲ 3% vs 2024

€ 616,674 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 20,951

▲ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 77,022

▲ 236% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 930,716 Gross margin 2022: € 930,716 First fiscal year in the series	€ 952,922 Gross margin 2023: € 952,922 ▲ 2% vs 2022 (€ 930,716) Favourable step	€ 951,213 Gross margin 2024: € 951,213 Unchanged (€ 952,922) Unfavourable step	€ 1,097,149 Gross margin 2025: € 1,097,149 ▲ 15% vs 2024 (€ 951,213) Favourable step	▲ 15%
Profit after taxes	€ 299,020 Profit after taxes 2022: € 299,020 First fiscal year in the series	€ 143,934 Profit after taxes 2023: € 143,934 ▼ 52% vs 2022 (€ 299,020) Unfavourable step	€ 291,803 Profit after taxes 2024: € 291,803 ▲ 103% vs 2023 (€ 143,934) Favourable step	€ 330,518 Profit after taxes 2025: € 330,518 ▲ 13% vs 2024 (€ 291,803) Favourable step	▲ 13%
Equity	€ 3,806,979 Equity 2022: € 3,806,979 First fiscal year in the series	€ 3,950,913 Equity 2023: € 3,950,913 ▲ 4% vs 2022 (€ 3,806,979) Favourable step	€ 4,242,716 Equity 2024: € 4,242,716 ▲ 7% vs 2023 (€ 3,950,913) Favourable step	€ 4,573,234 Equity 2025: € 4,573,234 ▲ 8% vs 2024 (€ 4,242,716) Favourable step	▲ 8%
Total debts	€ 5,024,828 Total debts 2022: € 5,024,828 First fiscal year in the series	€ 7,457,162 Total debts 2023: € 7,457,162 ▲ 48% vs 2022 (€ 5,024,828) Unfavourable step	€ 7,050,773 Total debts 2024: € 7,050,773 ▼ 5% vs 2023 (€ 7,457,162) Favourable step	€ 7,856,680 Total debts 2025: € 7,856,680 ▲ 11% vs 2024 (€ 7,050,773) Unfavourable step	▲ 11%
Cash	€ 388,202 Cash 2022: € 388,202 First fiscal year in the series	€ 99,390 Cash 2023: € 99,390 ▼ 74% vs 2022 (€ 388,202) Unfavourable step	€ 101,497 Cash 2024: € 101,497 ▲ 2% vs 2023 (€ 99,390) Favourable step	€ 276,524 Cash 2025: € 276,524 ▲ 172% vs 2024 (€ 101,497) Favourable step	▲ 172%
Land & buildings	€ 6,737,174 Land & buildings 2022: € 6,737,174 First fiscal year in the series	€ 6,504,900 Land & buildings 2023: € 6,504,900 ▼ 3% vs 2022 (€ 6,737,174) Unchanged	€ 6,139,717 Land & buildings 2024: € 6,139,717 ▼ 6% vs 2023 (€ 6,504,900) Unchanged	€ 6,382,846 Land & buildings 2025: € 6,382,846 ▲ 4% vs 2024 (€ 6,139,717) Unchanged	▲ 4%
Retained profit	€ 2,457,779 Retained profit 2022: € 2,457,779 First fiscal year in the series	€ 2,601,713 Retained profit 2023: € 2,601,713 ▲ 6% vs 2022 (€ 2,457,779) Favourable step	€ 2,893,516 Retained profit 2024: € 2,893,516 ▲ 11% vs 2023 (€ 2,601,713) Favourable step	€ 3,224,034 Retained profit 2025: € 3,224,034 ▲ 11% vs 2024 (€ 2,893,516) Favourable step	▲ 11%
Bank debt	€ 4,516,978 Bank debt 2022: € 4,516,978 First fiscal year in the series	€ 6,633,422 Bank debt 2023: € 6,633,422 ▲ 47% vs 2022 (€ 4,516,978) Unfavourable step	€ 5,927,000 Bank debt 2024: € 5,927,000 ▼ 11% vs 2023 (€ 6,633,422) Favourable step	€ 6,129,142 Bank debt 2025: € 6,129,142 ▲ 3% vs 2024 (€ 5,927,000) Unfavourable step	▲ 3%
Balance sheet total	€ 9,052,418 Balance sheet total 2022: € 9,052,418 First fiscal year in the series	€ 11,649,205 Balance sheet total 2023: € 11,649,205 ▲ 29% vs 2022 (€ 9,052,418) Unchanged	€ 11,528,935 Balance sheet total 2024: € 11,528,935 ▼ 1% vs 2023 (€ 11,649,205) Unchanged	€ 12,630,985 Balance sheet total 2025: € 12,630,985 ▲ 10% vs 2024 (€ 11,528,935) Unchanged	▲ 10%
Employees (FTE)	1.3 Employees (FTE) 2022: 1.3 First fiscal year in the series	1.7 Employees (FTE) 2023: 1.7 ▲ 0.4 vs 2022 (1.3) Unchanged	2.1 Employees (FTE) 2024: 2.1 ▲ 0.4 vs 2023 (1.7) Unchanged	2.1 Employees (FTE) 2025: 2.1 Unchanged (2.1) Unchanged

Key figures of BOVAKO, 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 BOVAKO?

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

2028 Geert BOSSCHAERT stepped down as director. NBB
2028 CAVANKO BV stepped down as director. NBB
Dec 17, 2025 New annual accounts for financial year 2025: profit of € 330,518 (▲ 13% vs 2024). Source: NBB ↗
Jun 10, 2025 New establishment in Avelgem. KBO
2022 Geert BOSSCHAERT became a director. NBB
2022 CAVANKO BV became a director. NBB
Feb 18, 2002 New establishment in Middelkerke. KBO
Dec 31, 1993 Start of the company according to the CBE. KBO

In short

From € 299,020 profit in 2022 to € 330,518 profit in 2025.

Paid € 110,242 in corporate taxes since 2022.

Best year ever: 2025, with € 330,518 profit.

On average € 522,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BOVAKO

BETON DECAIGNY 100%

TERRES ET RESIDENCES FROIDMOND 99.6%

AANNEMINGEN BOSSCHAERT 48.6%

It owns 100% of BETON DECAIGNY, 99.6% of TERRES ET RESIDENCES FROIDMOND and 48.6% of AANNEMINGEN BOSSCHAERT itself.

Directors

According to the 2025 annual accounts

Geert BOSSCHAERT

Managing director

Also active at: VERVOER BOSSCHAERT, BETON DU BASSIN DE L'ESCAUT, ANTOING RECYCLAGE BETONS, RECOTRI, B4PROJECTS, TERRALIET, TERRES ET RESIDENCES FROIDMOND

since 2022 · until 2028

CAVANKO BV

Director · represented by Carine VANDEWIELE

Also active at: VERVOER BOSSCHAERT

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Zeedijk 107

8430 Middelkerke

2.382.611.988

Nijverheidslaan 16

8580 Avelgem

Active since 10 June 2025

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HOLIDAY OSTENDIA SEAVIEW AP IBA

€ 215,801 gross margin · 2025

Vereniging van Mede-eigenaars Residentie Capris te Middelkerke, Zeedijk 107

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

Details

Company number

0451.965.956

VAT number

BE 0451.965.956

Registered office

Zeedijk 107, 8430 Middelkerke

Names & denominations

BOVAKO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1993

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur van niet-residentiële gebouwen

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

BOVAKO

Warning lights

Financials

What happened to BOVAKO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions