Active · per the CBE, 4 October 2026

Arovo Belgium

BE0475722246

Rechtspersoon Private limited company 1 establishment

Arovo Belgium is a wholesaler in Gent. Private Limited, started on 9 October 2001, 1 establishment.

Brandstraat 1 box 201, 9000 Gent

Behind the company: Casalta BV.

Active for

24 year, 11 months

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.

What it is worth Growing

€ 11.2 million

▲ 8% vs 2024

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

Profit Healthy

€ 872,870

▼ 63% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.5 million

▲ 158% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.5 million.

People and assets in 2025

Full-time equivalents

2

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

Wage cost

€ 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

Bank debt

€ 20.5 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 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.

Taxes and wages

€ 668,088

▲ 67% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

Management

PANITAL 96.6%

The stake of PANITAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Arovo Belgium
Red Dragon Global Sourcing Limited 100%
Arovo BV 100%
Arovo US Inc 100%
NAPA Creations LTD 100%
+1

Behind 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.

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Directors

According to the 2025 annual accounts

Casalta BV

Director · represented by Nathalie Vandeghinste

since 2026

Shareholders

PANITAL

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

Registered office

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

Frequently asked questions

What does Arovo Belgium do?
Arovo Belgium is a wholesaler in Gent. Private Limited, started on 9 October 2001, 1 establishment.
What is the address of Arovo Belgium?
The registered office of Arovo Belgium is located at Brandstraat 1 box 201, 9000 Gent.
Is Arovo Belgium still active?
Yes. According to the CBE (4 October 2026) Arovo Belgium is active, legal situation “Normale toestand”, started on 9 October 2001.
Is Arovo Belgium registered on Peppol?
Yes, Arovo Belgium is registered on the Peppol network with ID 0208:0475722246.
What is the enterprise number of Arovo Belgium?
The enterprise number of Arovo Belgium is BE0475722246.
When was Arovo Belgium founded?
Arovo Belgium was founded on 9 October 2001.