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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Govecom Media from Oudenaarde, company number BE1008875125, closed financial year 2025 with a result of € -5,443 after tax. For that financial year Govecom Media recorded a gross margin of € 5,856 and equity of € -5,055. Compared with financial year 2024, the result moved from € -4,612 to € -5,443. 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 June 17, 2026.
€ -5,055
▼ € 5,443 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,443
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 847
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,055.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,916
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,586
▼ 31% vs 2024
€ 6,372 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 475
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,145
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 1,158 | € 5,856 | ▲ € 4,698 |
| Profit after taxes | € -4,612 | € -5,443 | ▼ € 831 |
| Equity | € 388 | € -5,055 | ▼ € 5,443 |
| Total debts | € 35,707 | € 40,866 | ▲ 14% |
| Cash | € 1,766 | € 847 | ▼ 52% |
| Retained profit | € -4,612 | € -10,055 | ▼ € 5,443 |
| Bank debt | € 19,695 | € 13,586 | ▼ 31% |
| Balance sheet total | € 36,096 | € 35,811 | ▼ 1% |
Key figures of Govecom Media, fiscal years 2024 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 Govecom Media?
What happened at Govecom Media in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,443. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,612 loss in 2024 to € 5,443 loss in 2025.
Paid € 1,145 in corporate taxes since 2024.
Management
Behind Govecom Media is Quinten Govaerts.
Directors
According to the 2025 annual accounts
Quinten Govaerts
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Klaproosstraat 14
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1008.875.125
- VAT number
- BE 1008.875.125
- Registered office
- Klaproosstraat 14, 9700 Oudenaarde
- Names & denominations
- Govecom Media
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2024
- Peppol
- Active · Active since 10 Nov 2025
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