Financials
Financial year 2025
Bouvelo from Waregem, company number BE0542454979, closed financial year 2025 with a result of € 146,576 after tax. For that financial year Bouvelo recorded a gross margin of € -20,066 and equity of € 30.2 million. Compared with financial year 2024, the result moved from € 262,006 to € 146,576. The company is profitable. 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 July 23, 2026.
€ 30.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,576
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 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 € 25.1 million.
People and assets in 2025
0.4
Average over the fiscal year, from the social balance sheet.
€ 20,343
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 105,948
▲ 100% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 39,746
▲ 233% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,951
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 261,991 | € -105,905 | € -78,302 | € -20,066 | ▲ € 58,235 |
| Profit after taxes | € 12,897,686 | € 1,740,937 | € 262,006 | € 146,576 | ▼ 44% |
| Equity | € 28,070,403 | € 29,811,340 | € 30,073,345 | € 30,219,921 | |
| Total debts | € 1,825,583 | € 1,608,587 | € 1,304,115 | € 2,934,059 | ▲ 125% |
| Cash | € 5,140,660 | € 1,046,702 | € 1,444,278 | € 1,732,929 | ▲ 20% |
| Land & buildings | € 2,254,050 | € 3,518,618 | € 6,429,465 | € 6,139,972 | ▼ 5% |
| Retained profit | € 22,965,468 | € 24,706,405 | € 24,968,411 | € 25,114,987 | ▲ 1% |
| Dividend | € 2,891,804 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 29,895,986 | € 31,419,927 | € 31,377,460 | € 33,153,980 | ▲ 6% |
| Employees (FTE) | 0.9 | 0.4 | 0.4 | 0.4 |
Key figures of Bouvelo, 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 Bouvelo?
What happened at Bouvelo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,576 (▼ 44% vs 2024). Source: NBB ↗
- Annemie Verhelst became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Herman Verhelst became a director. NBB
- Myriam Ragolle became a director. NBB
In short
From € 12.9 million profit in 2022 to € 146,576 profit in 2025.
Paid € 185,596 in corporate taxes since 2022.
Best year ever: 2022, with € 12.9 million profit.
Paid out € 2.9 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
Behind Bouvelo are Herman Verhelst, Annemie Verhelst and Myriam Ragolle. It owns 100% of Rdeco and 100% of Flanders Weavers itself.
Directors
According to the 2025 annual accounts
since 2013
since 2022
since 2013
Establishments
Establishment units
Physical locations of this company
Groenbek 28
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0542.454.979
- VAT number
- BE 0542.454.979
- Registered office
- Groenbek 28, 8790 Waregem
- Names & denominations
- Bouvelo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2013
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- project-zero.be
- Activities · NACE
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