Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 %.
Financials
Financial year 2025
Govaere Immo from Kuurne, company number BE0655818483, closed financial year 2025 with a result of € -12,243 after tax. For that financial year Govaere Immo recorded a gross margin of € -7,980 and equity of € 478,657. Compared with financial year 2024, the result moved from € -16,658 to € -12,243. 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 June 4, 2026.
€ 478,657
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,243
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 61
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,879.
Debts at end 2025
€ 107,584
▲ 9% vs 2024
€ 8,328 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 2,111
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5
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 | € -1,920 | € -2,387 | € -12,861 | € -7,980 | ▲ € 4,880 |
| Profit after taxes | € -6,180 | € -32,986 | € -16,658 | € -12,243 | ▲ € 4,415 |
| Equity | € 13,508 | € -19,478 | € 490,900 | € 478,657 | ▼ 2% |
| Total debts | € 579,815 | € 613,919 | € 102,978 | € 114,305 | ▲ 11% |
| Cash | € 0 | - | € 907 | € 61 | ▼ 93% |
| Land & buildings | € 591,100 | € 0 | - | - | |
| Retained profit | € -47,992 | € -80,978 | € -97,636 | € -109,879 | ▼ € 12,243 |
| Bank debt | € 91,033 | € 582,179 | € 98,572 | € 107,584 | ▲ 9% |
| Balance sheet total | € 593,322 | € 594,442 | € 593,877 | € 592,961 |
Key figures of Govaere Immo, 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 Govaere Immo?
What happened at Govaere Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HGOVAERE CommV stepped down as director. NBB
- JFGOVAERE CommV stepped down as director. NBB
- PGOVAERE CommV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12,243. Source: NBB ↗
- HGOVAERE CommV became a director. NBB
- JFGOVAERE CommV became a director. NBB
- PGOVAERE CommV became a director. NBB
- New establishment in Kuurne. KBO
In short
From € 6,180 loss in 2022 to € 12,243 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Pieter Verhaeghestraat 22
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →JFGOVAERE same network
Govaere Bouw same network
€ 15 million revenue · 2025
LIANIL
€ 56,531 gross margin · 2025
HJP
GROEP GOVAERE
+2 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
- 0655.818.483
- VAT number
- BE 0655.818.483
- Registered office
- Pieter Verhaeghestraat 22, 8520 Kuurne
- Names & denominations
- Govaere Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2016
- Peppol
- Active · Active since 15 Oct 2026
- Activities · NACE
Handel in eigen onroerend goed