Financials
Financial year 2025
HOVA-VEE from Koekelare, company number BE0471523334, closed financial year 2025 with a result of € 60,762 after tax. For that financial year HOVA-VEE recorded a gross margin of € 121,919 and equity of € 397,690. Compared with financial year 2024, the result moved from € 56,171 to € 60,762. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 397,690
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,762
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 118,078
▲ € 117,777 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 64,833 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 6,119
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 431,350
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,358
▲ 20% vs 2024
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 | € 94,581 | € 104,581 | € 118,408 | € 121,919 | ▲ 3% |
| Profit after taxes | € 47,878 | € 55,799 | € 56,171 | € 60,762 | ▲ 8% |
| Equity | € 336,440 | € 364,639 | € 401,761 | € 397,690 | ▼ 1% |
| Total debts | € 602,069 | € 571,796 | € 428,552 | € 532,001 | ▲ 24% |
| Cash | € 24,320 | € 20,774 | € 301 | € 118,078 | ▲ € 117,777 |
| Land & buildings | € 13,555 | € 11,805 | € 10,055 | € 11,613 | ▲ 15% |
| Retained profit | € 317,440 | € 345,639 | € 382,761 | € 378,690 | ▼ 1% |
| Dividend | € 15,800 | € 27,600 | € 19,049 | € 64,833 | ▲ 240% |
| Bank debt | € 21,108 | € 13,658 | € 6,209 | € 0 | ▼ 100% |
| Balance sheet total | € 938,509 | € 936,434 | € 830,313 | € 929,691 | ▲ 12% |
Key figures of HOVA-VEE, 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 HOVA-VEE?
What happened at HOVA-VEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,762 (▲ 8% vs 2024). Source: NBB ↗
- DIETER HONGENAE became a director. NBB
- New establishment in Koekelare. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,878 profit in 2022 to € 60,762 profit in 2025.
Paid € 115,470 in corporate taxes since 2022.
Best year ever: 2025, with € 60,762 profit.
Paid out € 127,282 in dividends to the owners in total.
Management
Behind HOVA-VEE is DIETER HONGENAE.
Directors
According to the 2025 annual accounts
DIETER HONGENAE
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Korkentapstraat 25
8680 Koekelare
Korkentapstraat 25 A
8680 Koekelare
Active since 16 May 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.523.334
- VAT number
- BE 0471.523.334
- Registered office
- Korkentapstraat 25, 8680 Koekelare
- Names & denominations
- HOVA-VEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2000
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
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