Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DOVESCO from Gent, company number BE0554980550, closed financial year 2025 with a result of € -6.5 million after tax. For that financial year DOVESCO recorded revenue of € 343,431 and equity of € 45.6 million. Compared with financial year 2024, the result moved from € 2.7 million to € -6.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 45.6 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.5 million
▼ still € 2.7 million profit in 2024
Profit after tax over the fiscal year.
€ 283,736
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 25.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 239,377
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 239 days on average.
€ 544,392
▲ € 464,785 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 | |
|---|---|---|---|---|---|
| Revenue | € 184,918 | € 186,163 | € 227,760 | € 343,431 | ▲ 51% |
| Profit after taxes | € 25,366,712 | € 1,375,163 | € 2,656,343 | € -6,497,279 | ▼ € 9.2 million |
| Equity | € 89,270,629 | € 90,645,792 | € 52,117,876 | € 45,620,596 | ▼ 12% |
| Total debts | € 1,940,430 | € 2,189,630 | € 5,492,329 | € 8,718,257 | ▲ 59% |
| Cash | € 43,667,329 | € 7,354,509 | € 769,590 | € 283,736 | ▼ 63% |
| Retained profit | € 28,086,369 | € 29,461,532 | € 32,117,876 | € 25,620,596 | ▼ 20% |
| Balance sheet total | € 91,211,059 | € 92,835,423 | € 57,610,205 | € 54,338,854 | ▼ 6% |
Key figures of DOVESCO, 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 DOVESCO?
What happened at DOVESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kevin Vanooteghem stepped down as director. NBB
- Gayana CommV stepped down as director. NBB
- Bernard De Vos BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.5 million (▼ € 9.2 million vs 2024). Source: NBB ↗
- Kevin Vanooteghem became a director. NBB
- Gayana CommV became a director. NBB
- Bernard De Vos BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 25.4 million profit in 2022 to € 6.5 million loss in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 25.4 million profit.
Management
The stake of DOMO INVESTMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DOVESCOThe shares are held by Domo Investment Group nv (100%) and DOMO INVESTMENT GROUP (100%). It owns 100% of Dovasco, 99.8% of Qlevr, 80% of Flying Alliance, 75% of SLG Vastgoed, 45% of Copus Group and 25.1% of Power Solutions itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2028
Director · represented by Gregory De Clerck
Also active at: Transroute, POWER SOLUTIONS, DOMO CHEMICALS HOLDING, INVESTMENTS & PARTICIPATIONS, QLEVR, IMMO CABRITA, Flying Alliance, COPUS GROUP +5 more
since 2024 · until 2028
Director · represented by Bernard De Vos
Also active at: POWER SOLUTIONS, Domo Chemicals Service, DOVASCO, DOMO ICT
since 2024 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Scheldelindeweg 5
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Transroute same network
BEMAR
€ 1 million gross margin · 2025
Technology Space
€ 5.3 million gross margin · 2025
IMMO CABRITA same network
€ 1.6 million revenue · 2025
DOVESCO INVESTERINGSVEHIKEL II
€ 89,858 revenue · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0554.980.550
- VAT number
- BE 0554.980.550
- Registered office
- Scheldelindeweg 5, 9052 Gent
- Names & denominations
- DOVESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2014
- Peppol
- Active · Active since 24 Apr 2024
- Activities · NACE
Activiteiten van holdings
Holdings
Overige dienstverlenende activiteiten op het gebied van informatie
Overige zakelijke dienstverlening, neg
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.