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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOVAEREHOEVE from Koekelare, company number BE0839340703, closed financial year 2025 with a result of € 59,437 after tax. For that financial year HOVAEREHOEVE recorded a gross margin of € 184,736 and equity of € 405,198. Compared with financial year 2024, the result moved from € 55,341 to € 59,437. 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 August 31, 2026.
€ 405,198
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,437
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 94,251
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,220
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 324,676
▼ 17% vs 2024
€ 68,389 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19,918
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,255
▼ 10% 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 | € 132,718 | € 160,377 | € 192,227 | € 184,736 | ▼ 4% |
| Profit after taxes | € 37,517 | € 48,347 | € 55,341 | € 59,437 | ▲ 7% |
| Equity | € 245,138 | € 293,486 | € 347,427 | € 405,198 | ▲ 17% |
| Total debts | € 948,427 | € 863,134 | € 743,153 | € 681,460 | ▼ 8% |
| Cash | € 27,298 | € 59,064 | € 61,497 | € 94,251 | ▲ 53% |
| Land & buildings | € 925,452 | € 860,006 | € 813,058 | € 785,294 | ▼ 3% |
| Retained profit | € 226,538 | € 274,886 | € 328,827 | € 386,598 | ▲ 18% |
| Dividend | € 0 | € 0 | € 1,400 | € 1,666 | ▲ 19% |
| Bank debt | € 535,703 | € 461,356 | € 392,570 | € 324,676 | ▼ 17% |
| Balance sheet total | € 1,193,565 | € 1,156,619 | € 1,090,579 | € 1,086,657 |
Key figures of HOVAEREHOEVE, 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 HOVAEREHOEVE?
What happened at HOVAEREHOEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,437 (▲ 7% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Koekelare. KBO
- Isabelle Vermander became a director. NBB
- Kurt Dekeyzer became a director. NBB
In short
From € 37,517 profit in 2022 to € 59,437 profit in 2025.
Paid € 76,063 in corporate taxes since 2022.
Best year ever: 2025, with € 59,437 profit.
Paid out € 3,066 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 HOVAEREHOEVE are Isabelle Vermander and Kurt Dekeyzer. Kurt Dekeyzer is also behind DEKEYZER4INVEST.
Directors
According to the 2025 annual accounts
Isabelle Vermander
Director
since 2011
since 2011
Establishments
Establishment units
Physical locations of this company
Hovaerestraat 117
8680 Koekelare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.340.703
- VAT number
- BE 0839.340.703
- Registered office
- Hovaerestraat 117, 8680 Koekelare
- Names & denominations
- HOVAEREHOEVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2011
- Peppol
- Active · Active since 13 Mar 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Reparatie en onderhoud van meubelen en stoffering
Fokken en houden van schapen en geiten
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Activiteiten van industriële wasserijen
Activiteiten van wasserettes en wassalons ten behoeve van particulieren
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