Financials
Financial year 2025
Govaert M&D from Sint-Lievens-Houtem, company number BE0818990794, closed financial year 2025 with a result of € 26,734 after tax. For that financial year Govaert M&D recorded a gross margin of € 144,329 and equity of € 256,314. Compared with financial year 2024, the result moved from € 43,886 to € 26,734. 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 June 18, 2026.
€ 256,314
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,734
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 49,499
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,526 paid out
39 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 72,242
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,339
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 198,536
▲ 129% vs 2024
€ 9,964 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 23,316
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,762
▼ 61% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 114,625 | € 148,072 | € 169,061 | € 144,329 | ▼ 15% |
| Profit after taxes | € 32,530 | € 43,157 | € 43,886 | € 26,734 | ▼ 39% |
| Equity | € 178,403 | € 208,920 | € 240,106 | € 256,314 | ▲ 7% |
| Total debts | € 28,257 | € 126,956 | € 106,921 | € 227,378 | ▲ 113% |
| Cash | € 34,281 | € 46,337 | € 45,849 | € 49,499 | ▲ 8% |
| Land & buildings | € 77,982 | € 154,895 | € 153,038 | € 305,558 | ▲ 100% |
| Retained profit | € 172,203 | € 202,720 | € 233,906 | € 250,114 | ▲ 7% |
| Dividend | € 15,789 | € 12,640 | € 12,700 | € 10,526 | ▼ 17% |
| Bank debt | € 21,303 | € 117,595 | € 86,871 | € 198,536 | ▲ 129% |
| Balance sheet total | € 206,661 | € 335,876 | € 347,027 | € 483,692 | ▲ 39% |
Key figures of Govaert M&D, 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 Govaert M&D?
What happened at Govaert M&D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,734 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Sint-Lievens-Houtem. KBO
- New establishment in Sint-Lievens-Houtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,530 profit in 2022 to € 26,734 profit in 2025.
Paid € 71,229 in corporate taxes since 2022.
Best year ever: 2024, with € 43,886 profit.
Paid out € 51,656 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Govaert M&D are Daantje Govaert and Martin Govaert.
Directors
According to the 2025 annual accounts
Daantje Govaert
Administrator-manager
Martin Govaert
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Binnenstraat 20
9520 Sint-Lievens-Houtem
Morelgem 47a
9520 Sint-Lievens-Houtem
Active since 4 August 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.990.794
- VAT number
- BE 0818.990.794
- Registered office
- Binnenstraat 20, 9520 Sint-Lievens-Houtem
- Names & denominations
- Govaert M&D
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
Schrijnwerk
Vervaardiging van ander schrijn- en timmerwerk
Algemene bouw van residentiële gebouwen