Financials
Financial year 2025
BIOWEST from Lo-Reninge, company number BE0473711277, closed financial year 2025 with a result of € 50,916 after tax. For that financial year BIOWEST recorded a gross margin of € 216,087 and equity of € 427,887. Compared with financial year 2024, the result moved from € -51,506 to € 50,916. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 427,887
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,916
▲ still € 51,506 loss in 2024
Profit after tax over the fiscal year.
€ 50,824
▼ 33% 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 € 280,887.
Debts at end 2025
€ 1.1 million
▼ 14% vs 2024
€ 180,429 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 54,116
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,746
▼ 57% 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 | € 245,482 | € 331,820 | € 113,345 | € 216,087 | ▲ 91% |
| Profit after taxes | € 62,985 | € 118,397 | € -51,506 | € 50,916 | ▲ € 102,422 |
| Equity | € 310,081 | € 428,478 | € 376,972 | € 427,887 | ▲ 14% |
| Total debts | € 1,763,870 | € 1,588,303 | € 1,477,825 | € 1,193,848 | ▼ 19% |
| Cash | € 39,277 | € 242,772 | € 75,706 | € 50,824 | ▼ 33% |
| Land & buildings | € 1,299,478 | € 1,242,949 | € 1,194,419 | € 1,130,543 | ▼ 5% |
| Retained profit | € 163,081 | € 281,478 | € 229,972 | € 280,887 | ▲ 22% |
| Bank debt | € 1,702,428 | € 1,487,738 | € 1,287,309 | € 1,106,881 | ▼ 14% |
| Balance sheet total | € 2,073,951 | € 2,016,781 | € 1,854,797 | € 1,621,735 | ▼ 13% |
Key figures of BIOWEST, 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 BIOWEST?
What happened at BIOWEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,916. Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,985 profit in 2022 to € 50,916 profit in 2025.
Paid € 246 in corporate taxes since 2022.
Best year ever: 2023, with € 118,397 profit.
Management
The stake of DUROVAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BIOWESTBehind BIOWEST are Stefan Senesael, Marc Vereecke, Pieter Hauspie, Christophe Vanraes and Peter Luyssen. The shares are held by DUROVAR (32.7%).
Directors
According to the 2025 annual accounts
Marc Vereecke
Director
Christophe Vanraes
Director
Shareholders
32.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gapaard 1
8647 Lo-Reninge
Abeelestraat 1
8691 Alveringem
Active since 28 May 2001
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
- 0473.711.277
- VAT number
- BE 0473.711.277
- Registered office
- Gapaard 1, 8647 Lo-Reninge
- Names & denominations
- BIOWEST
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 3 January 2001
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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