Financials
Financial year 2025
POVAKO from Kortenaken, company number BE0480087048, closed financial year 2025 with a result of € 47,724 after tax. For that financial year POVAKO recorded a gross margin of € 153,013 and equity of € 480,763. Compared with financial year 2024, the result moved from € 106,111 to € 47,724. 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 April 29, 2026.
€ 480,763
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,724
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 30,997
▼ 82% 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 € 460,763.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 28,474
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 1% vs 2024
€ 10,000 is repaid this year. At this pace the long-term loan is gone in ≈ 117 years.
€ 1.1 million
▲ 226% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,279
▼ 74% 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 | € -36,691 | € 307,014 | € 238,054 | € 153,013 | ▼ 36% |
| Profit after taxes | € -134,959 | € 185,687 | € 106,111 | € 47,724 | ▼ 55% |
| Equity | € 141,242 | € 326,928 | € 433,039 | € 480,763 | ▲ 11% |
| Total debts | € 1,947,368 | € 1,740,642 | € 1,676,851 | € 2,360,152 | ▲ 41% |
| Cash | € 178,476 | € 121,151 | € 172,178 | € 30,997 | ▼ 82% |
| Land & buildings | € 573,762 | € 547,431 | € 476,444 | € 512,312 | ▲ 8% |
| Retained profit | € 121,242 | € 306,928 | € 413,039 | € 460,763 | ▲ 12% |
| Bank debt | € 1,255,834 | € 1,214,701 | € 1,182,567 | € 1,167,001 | ▼ 1% |
| Balance sheet total | € 2,088,610 | € 2,067,571 | € 2,109,890 | € 2,840,915 | ▲ 35% |
Key figures of POVAKO, 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 POVAKO?
What happened at POVAKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,724 (▼ 55% vs 2024). Source: NBB ↗
- New establishment in Kortenaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 134,959 loss in 2022 to € 47,724 profit in 2025.
Paid € 80,379 in corporate taxes since 2022.
Best year ever: 2023, with € 185,687 profit.
Management
Behind POVAKO is Ilse Peumans. The shares are held by Peter Vanschoubroek, Bart Vanschoubroek and Gert Vanschoubroek.
Directors
According to the 2025 annual accounts
Ilse Peumans
Director
Shareholders
Peter Vanschoubroek
Bart Vanschoubroek
Gert Vanschoubroek
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heerbaan 1 box A
3472 Kortenaken
Heerbaan 1A
3472 Kortenaken
Active since 13 May 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.087.048
- VAT number
- BE 0480.087.048
- Registered office
- Heerbaan 1 bus A, 3472 Kortenaken
- Names & denominations
- POVAKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2003
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Varkensvetmesterijen
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken