What does DEGROVAN do?

DEGROVAN is a car dealer in Zwevegem. Private Limited, started on 29 December 2005, 1 establishment.

What is the address of DEGROVAN?

The registered office of DEGROVAN is located at Zolderstraat(O) 56, 8553 Zwevegem.

Is DEGROVAN still active?

Yes. According to the CBE (31 October 2026) DEGROVAN is active, legal situation “Normale toestand”, started on 29 December 2005.

Is DEGROVAN registered on Peppol?

Yes, DEGROVAN is registered on the Peppol network with ID 0208:0878296990.

What is the enterprise number of DEGROVAN?

The enterprise number of DEGROVAN is BE0878296990.

When was DEGROVAN founded?

DEGROVAN was founded on 29 December 2005.

Who are the directors of DEGROVAN?

According to the 2025 annual accounts, the directors of DEGROVAN are: Ivan Vanovervelt.

Is DEGROVAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 2005; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEGROVAN make in 2025?

DEGROVAN recorded a loss after taxes of € 331,400 in financial year 2025.

What is the revenue of DEGROVAN?

As a small company, DEGROVAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 380,560.

How much does an employee at DEGROVAN earn?

The average wage cost per full-time employee at DEGROVAN was € 61,500 in 2025: staff costs of € 516,897 for 8.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEGROVAN have?

According to the 2025 annual accounts, DEGROVAN has 8.4 full-time equivalents (FTE).

Does DEGROVAN have a website?

Yes, DEGROVAN has a website at degrovan.be.

DEGROVAN (Private Limited) - Zwevegem - BE0878296990

Dossier DEGROVAN, printed on 31 October 2026 from databakkes.be/en/0878296990/degrovan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 45 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 11.2 to 8.4.

Financials

Financial year 2025

DEGROVAN from Zwevegem, company number BE0878296990, closed financial year 2025 with a result of € -331,400 after tax. For that financial year DEGROVAN recorded a gross margin of € 380,560 and equity of € 104,608. Compared with financial year 2024, the result moved from € 9,890 to € -331,400. The company made a loss. The buffer shrank hard: equity is 76 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.

What it is worth Shrank hard

€ 104,608

▼ 76% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -331,400

▼ still € 9,890 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,608

▼ 42% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 4,608.

People and assets in 2025

Full-time equivalents

8.4

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 516,897

▼ 2% vs 2024

€ 61,500 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.

Vehicles and equipment

€ 384,867

▼ 14% vs 2024

Of which on lease € 347,676.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.3 million

▼ 11% vs 2024

€ 194,845 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 388,645

▲ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 174,058

▲ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 865,371 Gross margin 2022: € 865,371 First fiscal year in the series	€ 848,932 Gross margin 2023: € 848,932 ▼ 2% vs 2022 (€ 865,371) Unfavourable step	€ 757,693 Gross margin 2024: € 757,693 ▼ 11% vs 2023 (€ 848,932) Unfavourable step	€ 380,560 Gross margin 2025: € 380,560 ▼ 50% vs 2024 (€ 757,693) Unfavourable step	▼ 50%
Profit after taxes	€ 132,605 Profit after taxes 2022: € 132,605 First fiscal year in the series	€ -18,024 Profit after taxes 2023: € -18,024 ▼ € 150,629 vs 2022 (€ 132,605) Unfavourable step	€ 9,890 Profit after taxes 2024: € 9,890 ▲ € 27,914 vs 2023 (€ -18,024) Favourable step	€ -331,400 Profit after taxes 2025: € -331,400 ▼ € 341,291 vs 2024 (€ 9,890) Unfavourable step	▼ € 341,291
Equity	€ 444,142 Equity 2022: € 444,142 First fiscal year in the series	€ 426,118 Equity 2023: € 426,118 ▼ 4% vs 2022 (€ 444,142) Unfavourable step	€ 436,009 Equity 2024: € 436,009 ▲ 2% vs 2023 (€ 426,118) Favourable step	€ 104,608 Equity 2025: € 104,608 ▼ 76% vs 2024 (€ 436,009) Unfavourable step	▼ 76%
Total debts	€ 1,459,479 Total debts 2022: € 1,459,479 First fiscal year in the series	€ 1,960,429 Total debts 2023: € 1,960,429 ▲ 34% vs 2022 (€ 1,459,479) Unfavourable step	€ 1,796,890 Total debts 2024: € 1,796,890 ▼ 8% vs 2023 (€ 1,960,429) Favourable step	€ 1,831,372 Total debts 2025: € 1,831,372 ▲ 2% vs 2024 (€ 1,796,890) Unfavourable step	▲ 2%
Cash	€ 33,297 Cash 2022: € 33,297 First fiscal year in the series	€ 22,598 Cash 2023: € 22,598 ▼ 32% vs 2022 (€ 33,297) Unfavourable step	€ 30,114 Cash 2024: € 30,114 ▲ 33% vs 2023 (€ 22,598) Favourable step	€ 17,608 Cash 2025: € 17,608 ▼ 42% vs 2024 (€ 30,114) Unfavourable step	▼ 42%
Land & buildings	€ 325,211 Land & buildings 2022: € 325,211 First fiscal year in the series	€ 1,072,345 Land & buildings 2023: € 1,072,345 ▲ 230% vs 2022 (€ 325,211) Unchanged	€ 1,032,186 Land & buildings 2024: € 1,032,186 ▼ 4% vs 2023 (€ 1,072,345) Unchanged	€ 983,997 Land & buildings 2025: € 983,997 ▼ 5% vs 2024 (€ 1,032,186) Unchanged	▼ 5%
Retained profit	€ 344,142 Retained profit 2022: € 344,142 First fiscal year in the series	€ 326,118 Retained profit 2023: € 326,118 ▼ 5% vs 2022 (€ 344,142) Unfavourable step	€ 336,009 Retained profit 2024: € 336,009 ▲ 3% vs 2023 (€ 326,118) Favourable step	€ 4,608 Retained profit 2025: € 4,608 ▼ 99% vs 2024 (€ 336,009) Unfavourable step	▼ 99%
Bank debt	€ 1,208,099 Bank debt 2022: € 1,208,099 First fiscal year in the series	€ 1,593,308 Bank debt 2023: € 1,593,308 ▲ 32% vs 2022 (€ 1,208,099) Unfavourable step	€ 1,415,995 Bank debt 2024: € 1,415,995 ▼ 11% vs 2023 (€ 1,593,308) Favourable step	€ 1,261,021 Bank debt 2025: € 1,261,021 ▼ 11% vs 2024 (€ 1,415,995) Favourable step	▼ 11%
Balance sheet total	€ 1,903,621 Balance sheet total 2022: € 1,903,621 First fiscal year in the series	€ 2,386,547 Balance sheet total 2023: € 2,386,547 ▲ 25% vs 2022 (€ 1,903,621) Unchanged	€ 2,232,899 Balance sheet total 2024: € 2,232,899 ▼ 6% vs 2023 (€ 2,386,547) Unchanged	€ 1,935,980 Balance sheet total 2025: € 1,935,980 ▼ 13% vs 2024 (€ 2,232,899) Unchanged	▼ 13%
Employees (FTE)	10.3 Employees (FTE) 2022: 10.3 First fiscal year in the series	11.2 Employees (FTE) 2023: 11.2 ▲ 0.9 vs 2022 (10.3) Unchanged	10.2 Employees (FTE) 2024: 10.2 ▼ 1 vs 2023 (11.2) Unchanged	8.4 Employees (FTE) 2025: 8.4 ▼ 1.8 vs 2024 (10.2) Unchanged	▼ 1.8

Key figures of DEGROVAN, 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 DEGROVAN?

What happened at DEGROVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 12, 2026 New annual accounts for financial year 2025: loss of € 331,400 (▼ € 341,291 vs 2024). filed late Source: NBB ↗
2023 Ivan Vanovervelt became a director. NBB
Jan 13, 2006 New establishment in Zwevegem. KBO
Dec 29, 2005 Start of the company according to the CBE. KBO

In short

From € 132,605 profit in 2022 to € 331,400 loss in 2025.

Paid € 16,190 in corporate taxes since 2022.

Best year ever: 2022, with € 132,605 profit.

On average € 45,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Ivan Vanovervelt

DEGROVAN

Behind DEGROVAN is Ivan Vanovervelt.

Directors

According to the 2025 annual accounts

Ivan Vanovervelt

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Zolderstraat(O) 56

8553 Zwevegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP degrovan.be

Technologies

BootstrapCloudflare CDNJSDjangoFont AwesomeGoogle AnalyticsGoogle Cloud StorageGoogle FontsIsotopeOwl CarouselPWAjQuerylazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

GANDI-AS Domain name registrar - www.gandi.net, FR

DNS

AWS Route 53

Website info

HTTPS Nee

Languages NL

Features

Jobs Contact page

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0878.296.990

VAT number

BE 0878.296.990

Registered office

Zolderstraat(O) 56, 8553 Zwevegem

Names & denominations

DEGROVAN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 December 2005

Peppol

Active · Active since 30 Aug 2023

Contact

degrovan.be

Activities · NACE

Grondverzet

Bouwrijp maken van terreinen

Installatie van isolatie

Schrijnwerk

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Isolatiewerkzaamheden

Metaalschrijnwerk

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGROVAN

Warning lights

Financials

What happened to DEGROVAN?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions