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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOVECO MANAGEMENT from Moorslede, company number BE0832583167, closed financial year 2025 with a result of € 201,474 after tax. For that financial year HOVECO MANAGEMENT recorded a gross margin of € 1.1 million and equity of € 19.3 million. Compared with financial year 2024, the result moved from € 201,136 to € 201,474. Profitable, and profit is growing. 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 April 30, 2026.
€ 19.3 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 201,474
Profit after tax over the fiscal year.
€ 52,857
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 67,184
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,000
Loans from banks and other lenders, long and short.
€ 4,275
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 122,654
▲ € 112,190 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 715,816 | € 666,739 | € 773,469 | € 1,062,824 | ▲ 37% |
| Profit after taxes | € 123,698 | € 41,548 | € 201,136 | € 201,474 | |
| Equity | € 15,812,829 | € 15,854,377 | € 16,055,512 | € 19,256,986 | ▲ 20% |
| Total debts | € 19,613,136 | € 19,550,973 | € 19,854,541 | € 17,222,821 | ▼ 13% |
| Cash | € 421,795 | € 401,459 | € 97,270 | € 52,857 | ▼ 46% |
| Retained profit | € 610,200 | € 651,748 | € 852,883 | € 1,054,357 | ▲ 24% |
| Bank debt | € 300,000 | € 300,000 | € 300,000 | € 300,000 | |
| Balance sheet total | € 35,425,965 | € 35,405,350 | € 35,910,053 | € 36,479,807 | ▲ 2% |
Key figures of HOVECO MANAGEMENT, 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 HOVECO MANAGEMENT?
What happened at HOVECO MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 201,474. Source: NBB ↗
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 123,698 profit in 2022 to € 201,474 profit in 2025.
Paid € 40,664 in corporate taxes since 2022.
Best year ever: 2025, with € 201,474 profit.
A new publication or filing at HOVECO MANAGEMENT? We notify you, reason included.
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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 HOVECO MANAGEMENT is Veronique Hoflack. It owns 24.1% of MICHEL HOFLACK en Cie BV itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Talpensdreef 2
8890 Moorslede
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
- 0832.583.167
- VAT number
- BE 0832.583.167
- Registered office
- Talpensdreef 2, 8890 Moorslede
- Names & denominations
- HOVECO MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2011
- Peppol
- Active · Active since 7 Mar 2025
- Activities · NACE
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