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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GOVABRE from Wuustwezel, company number BE0464627129, closed financial year 2025 with a result of € -6,193 after tax. For that financial year GOVABRE recorded a gross margin of € 250,588 and equity of € 14,379. Compared with financial year 2024, the result moved from € -4,947 to € -6,193. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ 14,379
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,193
▼ 25 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,101
▲ € 3,815 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8,179.
People and assets in 2025
€ 254,836
▼ 8% 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
None
No bank loans on the last day of the fiscal year.
€ 5,592
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,710
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 229,729 | € 231,480 | € 277,245 | € 250,588 | ▼ 10% |
| Profit after taxes | € 22,449 | € 7,053 | € -4,947 | € -6,193 | ▼ € 1,245 |
| Equity | € 25,466 | € 25,520 | € 20,572 | € 14,379 | ▼ 30% |
| Total debts | € 102,956 | € 75,725 | € 77,332 | € 89,023 | ▲ 15% |
| Cash | € 59,025 | € 41,446 | € 286 | € 4,101 | ▲ € 3,815 |
| Land & buildings | € 41,155 | € 41,155 | € 41,155 | € 41,155 | |
| Retained profit | € 19,266 | € 19,320 | € 14,372 | € 8,179 | ▼ 43% |
| Dividend | € 22,000 | € 7,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 315 | € 0 | ▼ 100% |
| Balance sheet total | € 128,422 | € 101,245 | € 97,904 | € 103,402 | ▲ 6% |
Key figures of GOVABRE, 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 GOVABRE?
What happened at GOVABRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,193. Source: NBB ↗
- Excellent accounting & tax VOF became a director. NBB
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,449 profit in 2022 to € 6,193 loss in 2025.
Paid € 7,338 in corporate taxes since 2022.
Best year ever: 2022, with € 22,449 profit.
Paid out € 29,000 in dividends to the owners in total.
Management
Behind GOVABRE is Excellent accounting & tax VOF. Excellent accounting & tax VOF is also behind Accountantskantoor FiduFin.
Directors
According to the 2025 annual accounts
Excellent accounting & tax VOF
Director · represented by Bart Van Brecht
Also active at: Accountantskantoor FiduFin
since 2018
Establishments
Establishment units
Physical locations of this company
Theo Verellenlaan 44
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.627.129
- VAT number
- BE 0464.627.129
- Registered office
- Theo Verellenlaan 44, 2990 Wuustwezel
- Names & denominations
- GOVABRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1998
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Overige fiscale dienstverlening
Accountants
Winning van sier- en bouwsteen
Winning van bouw- en siersteen
Accountants en belastingconsulenten
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
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