Financials
Financial year 2025
BAVASA from Izegem, company number BE0889986084, closed financial year 2025 with a result of € 751,165 after tax. For that financial year BAVASA recorded a gross margin of € 148,173 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 751,509 to € 751,165. The company is profitable. 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.
€ 5.2 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 751,165
Profit after tax over the fiscal year.
€ 131,434
▲ 167% 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 € 4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 130,855
▲ 133% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,151
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 | € 179,081 | € 182,792 | € 147,288 | € 148,173 | ▲ 1% |
| Profit after taxes | € 705,609 | € 566,343 | € 751,509 | € 751,165 | |
| Equity | € 3,218,991 | € 3,755,334 | € 4,406,842 | € 5,158,007 | ▲ 17% |
| Total debts | € 1,640,965 | € 1,513,697 | € 1,503,096 | € 1,228,052 | ▼ 18% |
| Cash | € 277,140 | € 45,547 | € 49,164 | € 131,434 | ▲ 167% |
| Land & buildings | € 1,426,621 | € 2,045,545 | € 2,684,419 | € 3,073,296 | ▲ 14% |
| Retained profit | € 2,074,191 | € 2,610,534 | € 3,262,042 | € 4,013,207 | ▲ 23% |
| Dividend | € 30,000 | € 30,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 193,810 | € 177,826 | € 0 | € 0 | |
| Balance sheet total | € 4,859,955 | € 5,269,030 | € 5,909,938 | € 6,386,059 | ▲ 8% |
Key figures of BAVASA, 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 BAVASA?
What happened at BAVASA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 751,165. filed late Source: NBB ↗
- Sarah Vanacker CommV became a director. NBB
- Barbara Vanacker CommV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 705,609 profit in 2022 to € 751,165 profit in 2025.
Paid € 186,347 in corporate taxes since 2022.
Best year ever: 2024, with € 751,509 profit.
Paid out € 160,000 in dividends to the owners in total.
Management
Behind BAVASA are Sarah Vanacker CommV and Barbara Vanacker CommV. It owns 100% of Belgian Shoes, Inc itself.
Directors
According to the 2025 annual accounts
Director · represented by Sarah Vanacker
Also active at: Mareno, BELGIAN SHOES, RONNY BIS
since 2023
Director · represented by Barbara Vanacker
Also active at: Mareno, BELGIAN SHOES, RONNY BIS
since 2023
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 13
8870 Izegem
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
- 0889.986.084
- VAT number
- BE 0889.986.084
- Registered office
- Ambachtenstraat 13, 8870 Izegem
- Names & denominations
- BAVASA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2007
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings