Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
BOVAFOK from Wingene, company number BE0477711538, closed financial year 2025 with a result of € 580 after tax. For that financial year BOVAFOK recorded a gross margin of € 111,855 and equity of € -694,700. Compared with financial year 2024, the result moved from € 247,390 to € 580. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ -694,700
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 580
▼ € 246,810 vs 2024
Profit after tax over the fiscal year.
€ 556,512
▼ 20% 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 € -750,950.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 290
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
€ 1.8 million
▼ 3% vs 2024
€ 27,667 is repaid this year. At this pace the long-term loan is gone in ≈ 67 years.
€ 45,383
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -330,773 | € 274,843 | € 363,292 | € 111,855 | ▼ 69% |
| Profit after taxes | € -342,935 | € 157,464 | € 247,390 | € 580 | ▼ € 246,810 |
| Equity | € -1,100,132 | € -942,669 | € -695,279 | € -694,700 | |
| Total debts | € 2,835,417 | € 2,902,183 | € 2,273,103 | € 1,999,279 | ▼ 12% |
| Cash | € 502,615 | € 698,687 | € 696,117 | € 556,512 | ▼ 20% |
| Land & buildings | € 589,823 | € 498,760 | € 419,385 | € 357,142 | ▼ 15% |
| Retained profit | € -1,156,382 | € -998,919 | € -751,529 | € -750,950 | |
| Bank debt | € 1,999,439 | € 1,947,957 | € 1,896,475 | € 1,844,996 | ▼ 3% |
| Balance sheet total | € 1,735,285 | € 1,959,514 | € 1,577,824 | € 1,304,580 | ▼ 17% |
Key figures of BOVAFOK, 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 January 2027.
What happened to BOVAFOK?
What happened at BOVAFOK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 580 (▼ € 246,810 vs 2024). filed late Source: NBB ↗
- SOFIE VANRENTERGHEM became a director. NBB
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 342,935 loss in 2022 to € 580 profit in 2025.
Best year ever: 2024, with € 247,390 profit.
Management
Behind BOVAFOK is SOFIE VANRENTERGHEM.
Directors
According to the 2025 annual accounts
SOFIE VANRENTERGHEM
Manager
since 2010
Establishments
Establishment units
Physical locations of this company
Rakestraat 11
8750 Wingene
Beernemsteenweg 43
8750 Wingene
Active since 6 December 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.711.538
- VAT number
- BE 0477.711.538
- Registered office
- Rakestraat 11, 8750 Wingene
- Names & denominations
- BOVAFOK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2002
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
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