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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Tova-Bouw from Gent, company number BE0765758976, closed financial year 2025 with a result of € 89,735 after tax. For that financial year Tova-Bouw recorded a gross margin of € 169,332 and equity of € 62,026. Compared with financial year 2024, the result moved from € 49,354 to € 89,735. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 62,026
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,735
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 19,834
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 180,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 12,665
▼ 40% vs 2024
Of which on lease € 9,910.
Debts at end 2025
€ 380,390
▲ 38% vs 2024
€ 52,569 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,473
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,374
▲ 4% 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 | € 89,749 | € 61,078 | € 100,178 | € 169,332 | ▲ 69% |
| Profit after taxes | € 63,255 | € 37,681 | € 49,354 | € 89,735 | ▲ 82% |
| Equity | € 65,255 | € 102,936 | € 152,291 | € 62,026 | ▼ 59% |
| Total debts | € 50,755 | € 212,100 | € 333,436 | € 444,238 | ▲ 33% |
| Cash | € 40,377 | € 11,627 | € 26,109 | € 19,834 | ▼ 24% |
| Land & buildings | - | € 136,388 | € 294,453 | € 260,856 | ▼ 11% |
| Retained profit | € 63,255 | € 100,936 | € 150,291 | € 60,026 | ▼ 60% |
| Dividend | € 0 | € 0 | € 0 | € 180,000 | |
| Bank debt | € 23,304 | € 189,200 | € 274,736 | € 380,390 | ▲ 38% |
| Balance sheet total | € 116,010 | € 315,036 | € 485,726 | € 506,264 | ▲ 4% |
Key figures of Tova-Bouw, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Tova-Bouw?
What happened at Tova-Bouw in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 89,735 (▲ 82% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 63,255 profit in 2022 to € 89,735 profit in 2025.
Paid € 72,688 in corporate taxes since 2022.
Best year ever: 2025, with € 89,735 profit.
Paid out € 180,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Antoon Catriestraat 94
9031 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDERBEKEN, Tom(oprichter) 90%
- MORELLE, Valerie(oprichter) 10%
Details
- Company number
- 0765.758.976
- VAT number
- BE 0765.758.976
- Registered office
- Antoon Catriestraat 94, 9031 Gent
- Names & denominations
- Tova-Bouw
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2021
- Peppol
- Active · Active since 30 Apr 2021
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