Financials
Financial year 2025
OVANCO from Wortegem-Petegem, company number BE0474879435, closed financial year 2025 with a result of € 17,161 after tax. For that financial year OVANCO recorded a gross margin of € 88,235 and equity of € 278,937. Compared with financial year 2024, the result moved from € 14,232 to € 17,161. 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 May 29, 2026.
€ 278,937
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,161
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 96,998
▲ 63% 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 € 247,937.
People and assets in 2025
€ 32,945
▼ 24% vs 2024
Of which on lease € 32,945.
Debts at end 2025
€ 176,209
▼ 15% vs 2024
€ 32,705 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 18,201
▲ € 18,158 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,303
▼ 35% 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 | € 80,201 | € 43,806 | € 74,520 | € 88,235 | ▲ 18% |
| Profit after taxes | € 20,194 | € -894 | € 14,232 | € 17,161 | ▲ 21% |
| Equity | € 328,825 | € 287,649 | € 261,776 | € 278,937 | ▲ 7% |
| Total debts | € 282,673 | € 212,013 | € 233,278 | € 215,713 | ▼ 8% |
| Cash | € 169,363 | € 93,053 | € 59,372 | € 96,998 | ▲ 63% |
| Land & buildings | € 282,404 | € 256,156 | € 229,909 | € 212,447 | ▼ 8% |
| Retained profit | € 297,825 | € 256,649 | € 230,776 | € 247,937 | ▲ 7% |
| Dividend | € 0 | € 40,283 | € 40,104 | € 0 | ▼ 100% |
| Bank debt | € 227,034 | € 187,867 | € 208,100 | € 176,209 | ▼ 15% |
| Balance sheet total | € 628,625 | € 515,076 | € 508,755 | € 506,639 |
Key figures of OVANCO, 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 April 2027.
What happened to OVANCO?
What happened at OVANCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,161 (▲ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,194 profit in 2022 to € 17,161 profit in 2025.
Paid € 42,974 in corporate taxes since 2022.
Best year ever: 2022, with € 20,194 profit.
Paid out € 80,387 in dividends to the owners in total.
Management
Behind OVANCO is ANDRE OVERDULVE. ANDRE OVERDULVE is also behind Techlink, Techlink Oost Vlaanderen and Embuild Oost-Vlaanderen.
Directors
According to the 2025 annual accounts
ANDRE OVERDULVE
Director
Also active at: Techlink, Techlink Oost Vlaanderen, Embuild Oost-Vlaanderen
Establishments
Establishment units
Physical locations of this company
Oudenaardseweg (W.-M.) 41
9790 Wortegem-Petegem
Tulpenstraat 15 box 10
9810 Nazareth-De Pinte
Active since 27 July 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.879.435
- VAT number
- BE 0474.879.435
- Registered office
- Oudenaardseweg (W.-M.) 41, 9790 Wortegem-Petegem
- Names & denominations
- OVANCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2001
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie