What does THOVARCO do?

THOVARCO is a farm in Wuustwezel. Private Limited, started on 8 July 2016, 4 establishments.

What is the address of THOVARCO?

The registered office of THOVARCO is located at Bredabaan (Centrum) 258 box 2, 2990 Wuustwezel.

Is THOVARCO still active?

Yes. According to the CBE (30 October 2026) THOVARCO is active, legal situation “Normale toestand”, started on 8 July 2016.

Is THOVARCO registered on Peppol?

Yes, THOVARCO is registered on the Peppol network with ID 0208:0658846467.

What is the enterprise number of THOVARCO?

The enterprise number of THOVARCO is BE0658846467.

When was THOVARCO founded?

THOVARCO was founded on 8 July 2016.

Who are the directors of THOVARCO?

According to the 2025 annual accounts, the directors of THOVARCO are: Thomas VAN HOYDONCK.

Is THOVARCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 July 2016; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 4 establishments in the CBE.

How much profit did THOVARCO make in 2025?

THOVARCO posted a profit after taxes of € 180,756 in financial year 2025.

What is the revenue of THOVARCO?

As a small company, THOVARCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 624,031.

How much does an employee at THOVARCO earn?

The average wage cost per full-time employee at THOVARCO was € 48,300 in 2025: staff costs of € 48,338 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THOVARCO have?

According to the 2025 annual accounts, THOVARCO has 1 full-time equivalents (FTE).

THOVARCO (Private Limited) - Wuustwezel - BE0658846467

Dossier THOVARCO, printed on 30 October 2026 from databakkes.be/en/0658846467/thovarco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

THOVARCO from Wuustwezel, company number BE0658846467, closed financial year 2025 with a result of € 180,756 after tax. For that financial year THOVARCO recorded a gross margin of € 624,031 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 321,573 to € 180,756. 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 August 31, 2026.

What it is worth Growing

€ 1.2 million

▲ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 180,756

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 174,855

▲ € 169,419 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1 million.

People and assets in 2025

Full-time equivalents

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 48,338

▼ 7% vs 2024

€ 48,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 15,101

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.4 million

▲ 7% vs 2024

€ 191,037 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 102,482

▼ 78% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 45,671

▲ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 243,801 Gross margin 2022: € 243,801 First fiscal year in the series	€ 875,328 Gross margin 2023: € 875,328 ▲ 259% vs 2022 (€ 243,801) Favourable step	€ 760,757 Gross margin 2024: € 760,757 ▼ 13% vs 2023 (€ 875,328) Unfavourable step	€ 624,031 Gross margin 2025: € 624,031 ▼ 18% vs 2024 (€ 760,757) Unfavourable step	▼ 18%
Profit after taxes	€ 30,135 Profit after taxes 2022: € 30,135 First fiscal year in the series	€ 564,722 Profit after taxes 2023: € 564,722 ▲ € 534,587 vs 2022 (€ 30,135) Favourable step	€ 321,573 Profit after taxes 2024: € 321,573 ▼ 43% vs 2023 (€ 564,722) Unfavourable step	€ 180,756 Profit after taxes 2025: € 180,756 ▼ 44% vs 2024 (€ 321,573) Unfavourable step	▼ 44%
Equity	€ 191,027 Equity 2022: € 191,027 First fiscal year in the series	€ 746,749 Equity 2023: € 746,749 ▲ 291% vs 2022 (€ 191,027) Favourable step	€ 1,068,321 Equity 2024: € 1,068,321 ▲ 43% vs 2023 (€ 746,749) Favourable step	€ 1,249,078 Equity 2025: € 1,249,078 ▲ 17% vs 2024 (€ 1,068,321) Favourable step	▲ 17%
Total debts	€ 2,003,533 Total debts 2022: € 2,003,533 First fiscal year in the series	€ 1,700,064 Total debts 2023: € 1,700,064 ▼ 15% vs 2022 (€ 2,003,533) Favourable step	€ 1,787,250 Total debts 2024: € 1,787,250 ▲ 5% vs 2023 (€ 1,700,064) Unfavourable step	€ 1,505,496 Total debts 2025: € 1,505,496 ▼ 16% vs 2024 (€ 1,787,250) Favourable step	▼ 16%
Cash	€ 37,193 Cash 2022: € 37,193 First fiscal year in the series	€ 17,214 Cash 2023: € 17,214 ▼ 54% vs 2022 (€ 37,193) Unfavourable step	€ 5,436 Cash 2024: € 5,436 ▼ 68% vs 2023 (€ 17,214) Unfavourable step	€ 174,855 Cash 2025: € 174,855 ▲ € 169,419 vs 2024 (€ 5,436) Favourable step	▲ € 169,419
Land & buildings	€ 865,757 Land & buildings 2022: € 865,757 First fiscal year in the series	€ 805,946 Land & buildings 2023: € 805,946 ▼ 7% vs 2022 (€ 865,757) Unchanged	€ 757,530 Land & buildings 2024: € 757,530 ▼ 6% vs 2023 (€ 805,946) Unchanged	€ 717,204 Land & buildings 2025: € 717,204 ▼ 5% vs 2024 (€ 757,530) Unchanged	▼ 5%
Retained profit	€ -8,973 Retained profit 2022: € -8,973 First fiscal year in the series	€ 546,749 Retained profit 2023: € 546,749 ▲ € 555,722 vs 2022 (€ -8,973) Favourable step	€ 868,321 Retained profit 2024: € 868,321 ▲ 59% vs 2023 (€ 546,749) Favourable step	€ 1,049,078 Retained profit 2025: € 1,049,078 ▲ 21% vs 2024 (€ 868,321) Favourable step	▲ 21%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 9,000 Dividend 2023: € 9,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 9,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 1,732,568 Bank debt 2022: € 1,732,568 First fiscal year in the series	€ 1,472,169 Bank debt 2023: € 1,472,169 ▼ 15% vs 2022 (€ 1,732,568) Favourable step	€ 1,268,510 Bank debt 2024: € 1,268,510 ▼ 14% vs 2023 (€ 1,472,169) Favourable step	€ 1,354,081 Bank debt 2025: € 1,354,081 ▲ 7% vs 2024 (€ 1,268,510) Unfavourable step	▲ 7%
Balance sheet total	€ 2,194,560 Balance sheet total 2022: € 2,194,560 First fiscal year in the series	€ 2,446,813 Balance sheet total 2023: € 2,446,813 ▲ 11% vs 2022 (€ 2,194,560) Unchanged	€ 2,855,571 Balance sheet total 2024: € 2,855,571 ▲ 17% vs 2023 (€ 2,446,813) Unchanged	€ 2,754,573 Balance sheet total 2025: € 2,754,573 ▼ 4% vs 2024 (€ 2,855,571) Unchanged	▼ 4%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1.1 Employees (FTE) 2024: 1.1 ▲ 0.1 vs 2023 (1) Unchanged	1 Employees (FTE) 2025: 1 ▼ 0.1 vs 2024 (1.1) Unchanged	▼ 0.1

Key figures of THOVARCO, 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 THOVARCO?

What happened at THOVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 180,756 (▼ 44% vs 2024). filed late Source: NBB ↗
Mar 1, 2024 New establishment in Wuustwezel. KBO
2016 Thomas VAN HOYDONCK became a director. NBB
Dec 15, 2016 New establishment in Vorselaar. KBO
Dec 15, 2016 New establishment in Lille. KBO
Jul 8, 2016 New establishment in Wuustwezel. KBO
Jul 8, 2016 Start of the company according to the CBE. KBO

In short

From € 30,135 profit in 2022 to € 180,756 profit in 2025.

Paid € 270,339 in corporate taxes since 2022.

Best year ever: 2023, with € 564,722 profit.

On average € 624,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Thomas VAN HOYDONCK

THOVARCO

Behind THOVARCO is Thomas VAN HOYDONCK.

Directors

According to the 2025 annual accounts

Thomas VAN HOYDONCK

Director

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Bredabaan (Centrum) 258 box 2

2990 Wuustwezel

2.259.215.122

Vispluk 117

2290 Vorselaar

Active since 15 December 2016

2.259.216.211

Lichtaartsesteenweg 106-108

2275 Lille

Active since 15 December 2016

2.358.058.023

Molenstraat 13

2990 Wuustwezel

Active since 1 March 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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€ 425,964 gross margin · 2025

MARAG

€ 145,915 gross margin · 2026

LARA KEI

€ -335 gross margin · 2025

CREA INVEST

€ 1 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0658.846.467

VAT number

BE 0658.846.467

Registered office

Bredabaan (Centrum) 258 bus 2, 2990 Wuustwezel

Names & denominations

THOVARCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 July 2016

Peppol

Active · Active since 4 Nov 2025

Activities · NACE

Fokvarkenshouderijen

Ondersteunende activiteiten in verband met de veeteelt

Varkensvetmesterijen

Pluimveehouderijen, muv kippenkwekerijen

View on CBE Public ↗ Annual accounts (NBB) ↗

THOVARCO

Warning lights

Financials

What happened to THOVARCO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions