Financials
Financial year 2025
Arovo Belgium from Gent, company number BE0475722246, closed financial year 2025 with a result of € 872,870 after tax. For that financial year Arovo Belgium recorded revenue of € 28.4 million and equity of € 11.2 million. Compared with financial year 2024, the result moved from € 2.3 million to € 872,870. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 11.2 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 872,870
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 4.5 million
▲ 158% 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 € 7.5 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 258,575
▲ 5% vs 2024
€ 129,300 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.
Debts at end 2025
€ 20.5 million
Loans from banks and other lenders, long and short.
€ 3.2 million
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 668,088
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,564,415 | € 17,467,398 | € 26,441,700 | € 28,368,228 | ▲ 7% |
| Profit after taxes | € 708,446 | € 325,129 | € 2,334,543 | € 872,870 | ▼ 63% |
| Equity | € 8,696,267 | € 8,021,396 | € 10,355,939 | € 11,228,809 | ▲ 8% |
| Total debts | € 21,200,130 | € 19,646,834 | € 27,378,333 | € 28,838,305 | ▲ 5% |
| Cash | € 424,349 | € 1,055,200 | € 1,727,846 | € 4,463,503 | ▲ 158% |
| Retained profit | € 4,929,375 | € 4,254,504 | € 6,589,047 | € 7,461,917 | ▲ 13% |
| Dividend | € 0 | € 1,000,000 | € 0 | € 0 | |
| Bank debt | € 19,575,408 | € 15,500,000 | € 20,500,000 | € 20,500,000 | |
| Balance sheet total | € 29,896,397 | € 27,668,230 | € 37,734,272 | € 40,067,114 | ▲ 6% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of Arovo Belgium, 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 Arovo Belgium?
What happened at Arovo Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 872,870 (▼ 63% vs 2024). Source: NBB ↗
- Casalta BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 708,446 profit in 2022 to € 872,870 profit in 2025.
Paid € 725,229 in corporate taxes since 2022.
Best year ever: 2024, with € 2.3 million profit.
Paid out € 1 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PANITAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Arovo BelgiumBehind Arovo Belgium is Casalta BV. The shares are held by PANITAL (96.6%). It owns 100% of Red Dragon Global Sourcing Limited, 100% of Arovo BV, 100% of Arovo US Inc, 100% of NAPA Creations LTD and 88% of The Great Product Exchange LDT itself.
Directors
According to the 2025 annual accounts
Director · represented by Nathalie Vandeghinste
since 2026
Shareholders
96.6%
Participations
Red Dragon Global Sourcing Limited
100%
Arovo BV
100%
Arovo US Inc
100%
NAPA Creations LTD
100%
The Great Product Exchange LDT
88%
Establishments
Establishment units
Physical locations of this company
Brandstraat 1 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0475.722.246
- VAT number
- BE 0475.722.246
- Registered office
- Brandstraat 1 bus 201, 9000 Gent
- Names & denominations
- Arovo Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2001
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in vaat- en glaswerk
Niet-gespecialiseerde groothandel
Overige groothandel
Vervaardiging van holglas
Vormen en bewerken van vlakglas