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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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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
AB Govaert from Lennik, company number BE0686581638, closed financial year 2025 with a result of € 13,749 after tax. For that financial year AB Govaert recorded a gross margin of € 74,400 and equity of € 32,593. Compared with financial year 2024, the result moved from € 41,245 to € 13,749. The company is profitable. The buffer shrank hard: equity is 57 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 6, 2026.
€ 32,593
▼ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,749
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 13,060
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 56,325 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,446
▲ € 15,289 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,308
▲ € 15,534 vs 2024
€ 3,842 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,862
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,937
▲ 17% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 39,527 | € 47,350 | € 53,593 | € 74,400 | ▲ 39% |
| Profit after taxes | € 31,025 | € 30,928 | € 41,245 | € 13,749 | ▼ 67% |
| Equity | € 46,996 | € 57,923 | € 75,169 | € 32,593 | ▼ 57% |
| Total debts | € 57,740 | € 24,013 | € 18,024 | € 37,106 | ▲ 106% |
| Cash | € 10,544 | € 17,555 | € 19,934 | € 13,060 | ▼ 34% |
| Retained profit | € 28,396 | € 39,323 | € 56,569 | € 13,993 | ▼ 75% |
| Dividend | € 106,706 | € 20,000 | € 24,000 | € 56,325 | ▲ 135% |
| Bank debt | € 14,777 | € 7,581 | € 3,774 | € 19,308 | ▲ € 15,534 |
| Balance sheet total | € 104,736 | € 81,937 | € 93,193 | € 104,511 | ▲ 12% |
Key figures of AB Govaert, 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 AB Govaert?
What happened at AB Govaert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Lennik. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,025 profit in 2022 to € 13,749 profit in 2025.
Paid € 44,236 in corporate taxes since 2022.
Best year ever: 2024, with € 41,245 profit.
Paid out € 207,031 in dividends to the owners in total.
Management
Behind AB Govaert is STEF GOVAERT. STEF GOVAERT is also behind The House of Thesora and THESORAFISC.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Busingenstraat 90
1750 Lennik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0686.581.638
- VAT number
- BE 0686.581.638
- Registered office
- Busingenstraat 90, 1750 Lennik
- Names & denominations
- AB Govaert
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2017
- Peppol
- Active · Active since 8 Apr 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten