Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Bovanco from Kortrijk, company number BE0568756728, closed financial year 2025 with a result of € -29,966 after tax. For that financial year Bovanco recorded a gross margin of € -26,697 and equity of € -28,835. Compared with financial year 2024, the result moved from € -7,627 to € -29,966. The company made a loss. 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 July 15, 2026.
€ -28,835
▼ € 29,966 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,966
▼ 293 % more loss than in 2024
Profit after tax over the fiscal year.
€ 356
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,035.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ € 1.7 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,706 | € -14,812 | € -7,114 | € -26,697 | ▼ € 19,583 |
| Profit after taxes | € -14,661 | € -15,932 | € -7,627 | € -29,966 | ▼ € 22,339 |
| Equity | € 24,690 | € 8,759 | € 1,131 | € -28,835 | ▼ € 29,966 |
| Total debts | € 37,713 | € 35,777 | € 59,922 | € 1,868,719 | ▲ € 1.8 million |
| Cash | € 38,795 | € 24,403 | € 16,114 | € 356 | ▼ 98% |
| Retained profit | € 18,490 | € 2,559 | € -5,069 | € -35,035 | ▼ € 29,966 |
| Balance sheet total | € 62,404 | € 44,536 | € 61,053 | € 1,839,884 | ▲ € 1.8 million |
Key figures of Bovanco, 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 Bovanco?
What happened at Bovanco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,966. Source: NBB ↗
- Fivanco NV became a director. NBB
- Centrimo Construct NV became a director. NBB
- Aaron Vanneste became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,661 loss in 2022 to € 29,966 loss in 2025.
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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
The stake of FIVANCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BovancoBehind Bovanco are Fivanco NV, Centrimo Construct NV and Aaron Vanneste. The shares are held by FIVANCO (100%).
Directors
According to the 2025 annual accounts
Director · represented by David Vanbiervliet
Also active at: Centrimo, INAFZO, KORTRIJKSE VASTGOEDMAATSCHAPPIJ, DE BERG, CONAFIN, HET LANDGOED, Cleaning and Environmental Technology invest, EUROPE PROMOTIONS +12 more
since 2024
Director · represented by Jean-Luc Desmet
Also active at: ART OF BUILDING, BLUEBELL PROJECTS, VAN2INVEST, A+D Projects
since 2024
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 29 box 21
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →FIVANCO same network
€ 120,500 revenue · 2025
Centrimo same network
€ 188,427 gross margin · 2025
INAFZO same network
€ -67,046 gross margin · 2025
CONAFIN same network
€ 14,235 gross margin · 2025
YOUNG & Partners/NaviTrans International
€ 12.4 million revenue · 2025
+14 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
- 0568.756.728
- VAT number
- BE 0568.756.728
- Registered office
- Beneluxpark(Kor) 29 bus 21, 8500 Kortrijk
- Names & denominations
- Bovanco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2015
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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