Financials
Financial year 2025
BAVAR from Tournai, company number BE0865443896, closed financial year 2025 with a result of € 367,165 after tax. For that financial year BAVAR recorded a gross margin of € 589,360 and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 363,505 to € 367,165. 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 July 1, 2026.
€ 3.1 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 367,165
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 35,796
▼ 54% 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 € 2.9 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 48,749
▼ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 5,301
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,504
▲ 115% 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 | € 316,345 | € 343,440 | € 589,235 | € 589,360 | |
| Profit after taxes | € 142,415 | € 648,581 | € 363,505 | € 367,165 | ▲ 1% |
| Equity | € 1,763,177 | € 2,402,162 | € 2,762,137 | € 3,138,274 | ▲ 14% |
| Total debts | € 832,694 | € 647,908 | € 143,694 | € 131,554 | ▼ 8% |
| Cash | € 344,833 | € 41,097 | € 78,241 | € 35,796 | ▼ 54% |
| Land & buildings | € 1,721,485 | € 1,632,726 | € 1,586,381 | € 1,507,424 | ▼ 5% |
| Retained profit | € 1,540,007 | € 2,188,588 | € 2,552,093 | € 2,919,258 | ▲ 14% |
| Bank debt | € 208,288 | € 155,108 | € 101,928 | € 48,749 | ▼ 52% |
| Balance sheet total | € 2,631,133 | € 3,085,333 | € 2,941,094 | € 3,305,091 | ▲ 12% |
Key figures of BAVAR, 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 BAVAR?
What happened at BAVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 367,165 (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,415 profit in 2022 to € 367,165 profit in 2025.
Paid € 329,569 in corporate taxes since 2022.
Best year ever: 2023, with € 648,581 profit.
Management
Behind BAVAR are Roosmarijke Van Reeth and INBV SRL. The same people are also behind MARO RECYCLING. INBV SRL is also behind COBRA Packaging and Recycling.
Directors
According to the 2025 annual accounts
Director · represented by KORNEEL BAEKELANDT
Also active at: MARO RECYCLING, COBRA Packaging and Recycling
Establishments
Establishment units
Physical locations of this company
Rue du Mont des Carliers(BL) 30
7522 Tournai
Sint-Eloois-Winkelstraat 127
8880 Ledegem
Active since 25 May 2004
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
- 0865.443.896
- VAT number
- BE 0865.443.896
- Registered office
- Rue du Mont des Carliers(BL) 30, 7522 Tournai
- Names & denominations
- BAVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2004
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van reisbureaus
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Handelsbemiddeling in goederen, algemeen assortiment
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