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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ROVARCO from Zedelgem, company number BE0838066835, closed financial year 2025 with a result of € 36,573 after tax. For that financial year ROVARCO recorded a gross margin of € 588,654 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 837,714 to € 36,573. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,573
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 56,600
▲ 63% 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 million.
People and assets in 2025
3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 163,874
▲ 9% vs 2024
€ 54,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,841
▲ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 14% vs 2024
€ 333,336 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.3 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,806
▼ 51% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -481,757 | € 1,994,494 | € 1,415,289 | € 588,654 | ▼ 58% |
| Profit after taxes | € -937,047 | € 1,373,479 | € 837,714 | € 36,573 | ▼ 96% |
| Equity | € -905,354 | € 468,125 | € 1,305,840 | € 1,342,413 | ▲ 3% |
| Total debts | € 7,367,417 | € 5,781,591 | € 4,595,808 | € 4,417,867 | ▼ 4% |
| Cash | € 69,646 | € 20,586 | € 34,698 | € 56,600 | ▲ 63% |
| Land & buildings | € 2,640,257 | € 2,450,617 | € 2,264,153 | € 2,084,092 | ▼ 8% |
| Retained profit | € -1,205,354 | € 168,125 | € 1,005,840 | € 1,042,413 | ▲ 4% |
| Bank debt | € 3,034,711 | € 2,701,375 | € 2,368,039 | € 2,034,703 | ▼ 14% |
| Balance sheet total | € 6,462,064 | € 6,249,716 | € 5,901,648 | € 5,760,280 | ▼ 2% |
| Employees (FTE) | 4 | 3 | 3.3 | 3 | ▼ 0.3 |
By gross margin, ROVARCO ranks 23rd of 159 companies with main activity “Fokvarkenshouderijen” in West Flanders that publish figures (fiscal year 2025).
Key figures of ROVARCO, 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.
Ask about ROVARCO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ROVARCO?
What happened at ROVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,573 (▼ 96% vs 2024). filed late Source: NBB ↗
- Rik Pierloot became a director. NBB
- Jan Roose became a director. NBB
- New establishment in Torhout. KBO
- New establishment in Ichtegem. KBO
- New establishment in Oostkamp. KBO
- Tineke Ally became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 937,047 loss in 2022 to € 36,573 profit in 2025.
Paid € 126,869 in corporate taxes since 2022.
Best year ever: 2023, with € 1.4 million profit.
On average € 196,200 of value added per employee in 2025.
Management
Behind ROVARCO are Rik Pierloot, Jan Roose and Tineke Ally. Jan Roose is also behind DE KRINKEL.
Directors
According to the 2025 annual accounts
Rik Pierloot
Director
since 2021
since 2019
Tineke Ally
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Krinkelweg 5
8211 Zedelgem
Papenhoekstraat 5
8020 Oostkamp
Active since 25 February 2016
Zeeweg(BEK) 5
8480 Ichtegem
Active since 1 January 2017
Kortemarkstraat 260A
8820 Torhout
Active since 1 September 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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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 ↗- DUFOUR Regina Lucia Georges(oprichter) 25%
- MARCHAND Sandy Irma Cornelia(oprichter) 25%
- NOLLET Joris Lieven(oprichter) 25%
- ROOSE Jan Jeroen(oprichter) 25%
Details
- Company number
- 0838.066.835
- VAT number
- BE 0838.066.835
- Registered office
- Krinkelweg 5, 8211 Zedelgem
- Names & denominations
- ROVARCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2011
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
Fokvarkenshouderijen
Varkensvetmesterijen