Financials
Financial year 2025
HoVan Agro from Lendelede, company number BE0627894658, closed financial year 2025 with a result of € 175,393 after tax. For that financial year HoVan Agro recorded a gross margin of € 473,816 and equity of € 388,675. Compared with financial year 2024, the result moved from € 26,920 to € 175,393. Profitable, and profit is growing. 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 October 31, 2025.
€ 388,675
▲ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,393
▲ € 148,472 vs 2024
Profit after tax over the fiscal year.
€ 157,516
▲ 8% 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 € 370,075.
People and assets in 2025
€ 154,038
▲ 7% 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.
€ 6,041
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 91,517
▲ 11% vs 2024
€ 57,800 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 151,565
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,394
▲ 292% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,122 | € 99,489 | € 249,045 | € 473,816 | ▲ 90% |
| Profit after taxes | € 77,441 | € -5,825 | € 26,920 | € 175,393 | ▲ € 148,472 |
| Equity | € 192,187 | € 186,362 | € 213,282 | € 388,675 | ▲ 82% |
| Total debts | € 339,145 | € 183,420 | € 416,307 | € 309,475 | ▼ 26% |
| Cash | € 104,029 | € 50,068 | € 145,627 | € 157,516 | ▲ 8% |
| Retained profit | € 173,587 | € 167,762 | € 194,682 | € 370,075 | ▲ 90% |
| Bank debt | € 262,500 | € 172,500 | € 82,500 | € 91,517 | ▲ 11% |
| Balance sheet total | € 531,332 | € 369,782 | € 629,589 | € 698,150 | ▲ 11% |
Key figures of HoVan Agro, 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 October 2026.
What happened to HoVan Agro?
What happened at HoVan Agro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 175,393 (▲ € 148,472 vs 2024). Source: NBB ↗
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,441 profit in 2022 to € 175,393 profit in 2025.
Paid € 68,251 in corporate taxes since 2022.
Best year ever: 2025, with € 175,393 profit.
Management
The stake of LANDBOUWWERKEN VANDEMAELE, ALGUMA INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HoVan AgroBehind HoVan Agro is Landbouwwerken Vandemaele NV. The shares are held by LANDBOUWWERKEN VANDEMAELE (50%) and ALGUMA INVEST (50%).
Directors
According to the 2025 annual accounts
Director · represented by Eveline Vandemaele
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beiaardstraat 6
8860 Lendelede
Oude Zwevezeelsestraat 13
8851 Ardooie
Active since 3 April 2015
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.
Details
- Company number
- 0627.894.658
- VAT number
- BE 0627.894.658
- Registered office
- Beiaardstraat 6, 8860 Lendelede
- Names & denominations
- HoVan Agro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2015
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen