Active · per the CBE, 31 October 2026

BAVAGO

BE0473210243

Rechtspersoon Private limited company 2 establishments

BAVAGO is a metalworking company in Turnhout. Private Limited, started on 9 November 2000, 2 establishments.

Hoveniersstraat 54, 2300 Turnhout

Behind the company: Bart Van Gorp.

Active for

25 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.

  • Shrinking team NBB

    FTE fell two years in a row, from 8.2 to 5.8.

Financials

Financial year 2025

BAVAGO from Turnhout, company number BE0473210243, closed financial year 2025 with a result of € 201,057 after tax. For that financial year BAVAGO recorded a gross margin of € 769,649 and equity of € 572,791. Compared with financial year 2024, the result moved from € 71,955 to € 201,057. 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 June 18, 2026.

What it is worth Growing

€ 572,791

▲ 9% vs 2024

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

Profit Growing

€ 201,057

▲ 179% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 280,414

▲ 215% vs 2024

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

Where the profit goes Pays out

€ 151,728 paid out

75 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

5.8

▼ 1.8 vs 2024

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

Wage cost

€ 358,922

▼ 8% vs 2024

€ 61,900 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

€ 162,717

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 180,480

▼ 2% vs 2024

€ 81,748 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 196,983

▲ 56% vs 2024

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

Taxes and wages

€ 38,120

▼ 43% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 638,603 € 636,150 € 601,427 € 769,649 ▲ 28%
Profit after taxes € 126,379 € 63,305 € 71,955 € 201,057 ▲ 179%
Equity € 510,414 € 536,502 € 523,463 € 572,791 ▲ 9%
Total debts € 529,794 € 460,864 € 403,749 € 448,833 ▲ 11%
Cash € 162,465 € 116,568 € 89,100 € 280,414 ▲ 215%
Land & buildings € 79,582 € 87,764 € 89,472 € 105,469 ▲ 18%
Retained profit € 495,563 € 521,650 € 508,611 € 557,940 ▲ 10%
Dividend € 1,600 € 37,218 € 84,994 € 151,728 ▲ 79%
Bank debt € 277,589 € 227,444 € 184,201 € 180,480 ▼ 2%
Balance sheet total € 1,040,209 € 997,366 € 927,211 € 1,021,624 ▲ 10%
Employees (FTE) 7.3 8.2 7.6 5.8 ▼ 1.8

Key figures of BAVAGO, 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 BAVAGO?

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

  • New annual accounts for financial year 2025: profit of € 201,057 (▲ 179% vs 2024). Source: NBB ↗
  • New establishment in Herentals. KBO
  • New establishment in Turnhout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 126,379 profit in 2022 to € 201,057 profit in 2025.

Paid € 206,320 in corporate taxes since 2022.

Best year ever: 2025, with € 201,057 profit.

On average € 132,700 of value added per employee in 2025.

Management

Bart Van Gorp
BAVAGO

Behind BAVAGO is Bart Van Gorp.

Directors

According to the 2025 annual accounts

Bart Van Gorp

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 54

2300 Turnhout

2.153.410.886

Dikberd(HRT) 34 box 2A

2200 Herentals

Active since 1 March 2006

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0473.210.243
VAT number
BE 0473.210.243
Registered office
Hoveniersstraat 54, 2300 Turnhout
Names & denominations
BAVAGO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
9 November 2000
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Vervaardiging van metalen constructiewerken en delen daarvan

Technische studiën en ingenieursactiviteiten

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Frequently asked questions

What does BAVAGO do?
BAVAGO is a metalworking company in Turnhout. Private Limited, started on 9 November 2000, 2 establishments.
What is the address of BAVAGO?
The registered office of BAVAGO is located at Hoveniersstraat 54, 2300 Turnhout.
Is BAVAGO still active?
Yes. According to the CBE (31 October 2026) BAVAGO is active, legal situation “Normale toestand”, started on 9 November 2000.
Is BAVAGO registered on Peppol?
Yes, BAVAGO is registered on the Peppol network with ID 0208:0473210243.
What is the enterprise number of BAVAGO?
The enterprise number of BAVAGO is BE0473210243.
When was BAVAGO founded?
BAVAGO was founded on 9 November 2000.