Bankrupt · Opening faillissement (CBE)

GOVAMO

BE0881053275

Rechtspersoon Private limited company 1 establishment

GOVAMO is a hospitality business in Gent. Private Limited, started on 19 April 2006, 1 establishment.

Groot-Brittanniëlaan 18, 9000 Gent

Start date

19 April 2006

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

GOVAMO from Gent, company number BE0881053275, closed financial year 2024 with a result of € -81,858 after tax. For that financial year GOVAMO recorded revenue of € 15,749 and equity of € -470,561. Compared with financial year 2023, the result moved from € -310,098 to € -81,858. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.

What it is worth Caution

€ -470,561

▼ € 81,858 vs 2023

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

Loss Caution

€ -81,858

▲ 74 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 39,347

▲ 16% vs 2023

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 € -825,561.

People and assets in 2024

Wage cost

€ 12

▼ € 99,729 vs 2023

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

€ 18,700

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 298,351

▼ 4% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 318,966

▼ 2% vs 2023

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

Taxes and wages

€ 7,111

▼ 89% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue - - € 210,833 € 15,749 ▼ 93%
Gross margin € 113,442 € 195,392 € -163,636 € -53,762 ▲ € 109,874
Profit after taxes € 2,172 € 20,557 € -310,098 € -81,858 ▲ € 228,240
Equity € -80,421 € -59,864 € -388,703 € -470,561 ▼ € 81,858
Total debts € 436,183 € 426,246 € 702,593 € 773,100 ▲ 10%
Cash € 80,542 € 62,673 € 33,956 € 39,347 ▲ 16%
Land & buildings € 45,524 € 33,597 € 40,743 € 32,478 ▼ 20%
Retained profit € -430,421 € -409,864 € -743,703 € -825,561 ▼ € 81,858
Bank debt € 270,169 € 269,169 € 309,351 € 298,351 ▼ 4%
Balance sheet total € 355,762 € 366,382 € 313,890 € 302,539 ▼ 4%

Key figures of GOVAMO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GOVAMO?

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

GOVAMO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 81,858. filed late Source: NBB ↗
  • New establishment in Destelbergen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2,172 profit in 2021 to € 81,858 loss in 2024.

Paid € 10,000 in corporate taxes since 2021.

Best year ever: 2022, with € 20,557 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Groot-Brittanniëlaan 18

9000 Gent

2.207.003.089

Laarnebaan(HEU) 99

9070 Destelbergen

Active since 28 April 2011

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 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
0881.053.275
VAT number
BE 0881.053.275
Registered office
Groot-Brittanniëlaan 18, 9000 Gent
Names & denominations
GOVAMO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 April 2006
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Projectontwikkeling voor woningbouw

Eetgelegenheden met volledige bediening

Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment

Overige detailhandel in voedingsmiddelen, neg

Ontwikkeling van residentiële bouwprojecten

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

+4

Frequently asked questions

What does GOVAMO do?
GOVAMO is a hospitality business in Gent. Private Limited, started on 19 April 2006, 1 establishment.
What is the address of GOVAMO?
The registered office of GOVAMO is located at Groot-Brittanniëlaan 18, 9000 Gent.
Is GOVAMO still active?
No. The CBE lists GOVAMO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GOVAMO registered on Peppol?
No, GOVAMO is currently not registered on the Peppol network.
What is the enterprise number of GOVAMO?
The enterprise number of GOVAMO is BE0881053275.
When was GOVAMO founded?
GOVAMO was founded on 19 April 2006.