Financials
Financial year 2025
Hovenco from Hove, company number BE0688995849, closed financial year 2025 with a result of € -24,349 after tax. For that financial year Hovenco recorded a gross margin of € -10,808 and equity of € 60,450. Compared with financial year 2024, the result moved from € 29,406 to € -24,349. 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 May 31, 2026.
€ 60,450
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,349
▼ still € 29,406 profit in 2024
Profit after tax over the fiscal year.
€ 52,939
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,850.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,146
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,068
▼ 33% vs 2024
€ 4,659 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,460
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,362
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 | € 34,336 | € 20,995 | € 51,581 | € -10,808 | ▼ € 62,389 |
| Profit after taxes | € 16,429 | € 4,394 | € 29,406 | € -24,349 | ▼ € 53,755 |
| Equity | € 92,298 | € 78,993 | € 108,399 | € 60,450 | ▼ 44% |
| Total debts | € 38,373 | € 28,535 | € 22,350 | € 16,339 | ▼ 27% |
| Cash | € 44,616 | € 33,532 | € 64,700 | € 52,939 | ▼ 18% |
| Retained profit | € 73,698 | € 60,393 | € 89,799 | € 41,850 | ▼ 53% |
| Dividend | € 0 | € 17,700 | € 0 | € 23,600 | |
| Bank debt | € 22,155 | € 17,936 | € 13,575 | € 9,068 | ▼ 33% |
| Balance sheet total | € 130,672 | € 107,528 | € 130,749 | € 76,789 | ▼ 41% |
Key figures of Hovenco, 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 Hovenco?
What happened at Hovenco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,349 (▼ € 53,755 vs 2024). Source: NBB ↗
- New establishment in Hove. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,429 profit in 2022 to € 24,349 loss in 2025.
Paid € 15,275 in corporate taxes since 2022.
Best year ever: 2024, with € 29,406 profit.
Paid out € 41,300 in dividends to the owners in total.
Management
Behind Hovenco is van den Hoven Martijn.
Directors
According to the 2025 annual accounts
van den Hoven Martijn
Director
Establishments
Establishment units
Physical locations of this company
Kievietslaan 6
2540 Hove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.995.849
- VAT number
- BE 0688.995.849
- Registered office
- Kievietslaan 6, 2540 Hove
- Names & denominations
- Hovenco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2018
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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