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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GIVARCO from Kaprijke, company number BE0865640074, closed financial year 2025 with a result of € -151,311 after tax. For that financial year GIVARCO recorded a gross margin of € 40,946 and equity of € 305,849. Compared with financial year 2024, the result moved from € -54,224 to € -151,311. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 305,849
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,311
▼ 179 % more loss than in 2024
Profit after tax over the fiscal year.
€ 28,710
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 61,764.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 23,953
▲ 87% 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.
€ 12,999
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 687,274
▲ 14% vs 2024
€ 414,235 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 192,976
▲ 246% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,301
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,575 | € 549,924 | € 141,088 | € 40,946 | ▼ 71% |
| Profit after taxes | € -111,617 | € 335,976 | € -54,224 | € -151,311 | ▼ € 97,086 |
| Equity | € 175,407 | € 511,384 | € 457,159 | € 305,849 | ▼ 33% |
| Total debts | € 1,451,300 | € 1,067,924 | € 692,353 | € 1,023,929 | ▲ 48% |
| Cash | € 89,807 | € 252,873 | € 90,174 | € 28,710 | ▼ 68% |
| Land & buildings | € 905,353 | € 778,933 | € 652,517 | € 526,286 | ▼ 19% |
| Retained profit | € -68,677 | € 267,299 | € 213,075 | € 61,764 | ▼ 71% |
| Bank debt | € 1,271,647 | € 1,019,912 | € 601,510 | € 687,274 | ▲ 14% |
| Balance sheet total | € 1,626,707 | € 1,579,307 | € 1,149,512 | € 1,329,778 | ▲ 16% |
| Employees (FTE) | 0.8 | 0.8 | 0.8 | 0.8 |
Key figures of GIVARCO, 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 GIVARCO?
What happened at GIVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 151,311. Source: NBB ↗
- Lien Lootens became a director. NBB
- New establishment in Assenede. KBO
- New establishment in Assenede. KBO
- New establishment in Kaprijke. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,617 loss in 2022 to € 151,311 loss in 2025.
Paid € 134 in corporate taxes since 2022.
Best year ever: 2023, with € 335,976 profit.
Management
Behind GIVARCO is Lien Lootens. The shares are held by ALG Holding and Lien Lootens.
Directors
According to the 2025 annual accounts
Lien Lootens
Director
Is a shareholder
since 2025
Shareholders
Lien Lootens · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heinestraat 31
9970 Kaprijke
Knokstraat 10
9968 Assenede
Active since 2 September 2011
Meersstraat 2
9968 Assenede
Active since 2 September 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.640.074
- VAT number
- BE 0865.640.074
- Registered office
- Heinestraat 31, 9970 Kaprijke
- Names & denominations
- GIVARCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Varkensvetmesterijen
Fokvarkenshouderijen
Fokvarkenshouderij
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden