ACTIVE

GOVAR - INDUSTRIEBOUW

Financial year 2025 · Closed on 30/09/2025

Net result1,3 M €+75,3 %over 1 year
Revenue43,8 M €+36,3 %over 1 year
Equity6,3 M €-11,9 %over 1 year
Workforce41,3 ETP-10,8 %over 1 year

Identity

Source · BCE/KBO

GOVAR - INDUSTRIEBOUW is a Private limited company incorporated in 1961. Its registered office is in Ardooie. It employs on average 41,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.567.391
Incorporation
18/02/1961
Legal form
Private limited company
Registered office
Izegemsestraat 35
8850 Ardooie · FlandreSee on map
Contributed capital
24 789,35 €
Latest accounts
30/09/2025
Average workforce
41,3 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 11 financial years

20252024202320222012
Income statement
Revenue43,8 M €32,2 M €40,8 M €41,8 M €–
EBITDA1,4 M €1,2 M €1,1 M €1,4 M €211,2 k €
Operating result1,3 M €824,7 k €864,5 k €1,1 M €99,6 k €
Net result1,3 M €765,7 k €1 M €1,3 M €84,7 k €
Balance sheet
Equity6,3 M €7,1 M €7,1 M €6,9 M €1,6 M €
Total assets11 M €12,8 M €12 M €12,8 M €2,3 M €
Cash2 M €1,3 M €2 M €2 M €305,2 k €
Debts4,7 M €5,7 M €4,9 M €5,9 M €666,3 k €
Other
Workforce41,3 ETP46,3 ETP47,6 ETP45,5 ETP20,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

6 active · 22 ended

Active mandates

GOVAR GROUP

Director · since 01 janvier 2025 · 1017.876.923

Represented by Christophe Govaere

Active
Guido Govaere

Director · since 01 janvier 2025

Active
EDU Company

Director · since 01 avril 2020 · until 17 mars 2025 · 0696.606.785

Represented by Evelyne Govaere

Active
Ann Depoorter

Director · since 08 novembre 2019 · until 17 mars 2025

Active
C.G.B.

Director · since 01 juin 2013 · until 17 mars 2025 · 0527.999.011

Represented by Christophe Govaere

Active
GOVAR INVEST

Director · since 01 avril 2013 · until 17 mars 2025 · 0848.397.929

Represented by Guido Govaere

Active

Ended mandates

GOVAR GROUP

Director · since 01 janvier 2025 · 1017.876.923

Represented by Christophe GOVAERE

Ended
EDU Company

Director · since 01 avril 2020 · until 17 mars 2025 · 0696.606.785

Represented by Evelyne GOVAERE

Ended
EDU Company

Bestuurder · since 01 avril 2020 · 0696.606.785

Represented by Evelyne Govaere

Ended
EDU Company

Director · since 01 avril 2020 · 0696.606.785

Represented by Evelyne Govaere

Ended

Other companies at this address

Izegemsestraat 35 8850 Ardooie
CompanyCBE no.
0501.525.137
GOVAR GROUP● Active
1017.876.923
GOVAR RENTING● Active
0479.304.912

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/03/202631/03/202525/04/202431/03/202330/03/202223/04/2021
General meeting20/03/202622/03/202529/03/202425/03/202326/03/202227/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202520/03/202620/03/2026DutchPDF
Full model30/09/202422/03/202531/03/2025DutchPDF
Full model30/09/202329/03/202425/04/2024DutchPDF
Full model30/09/202225/03/202331/03/2023DutchPDF
Full model30/09/202126/03/202230/03/2022DutchPDF
Full model30/09/202027/03/202123/04/2021DutchPDF
Full model30/09/201928/03/202029/04/2020DutchPDF
Full model30/09/201823/03/201929/04/2019DutchPDF
Full model30/09/201724/03/201827/04/2018DutchPDF
Full model30/09/201625/03/201725/04/2017DutchPDF
Abridged model30/09/201526/03/201629/03/2016DutchPDF
Abridged model30/09/201428/03/201530/03/2015DutchPDF
Abridged model30/09/201322/03/201423/04/2014DutchPDF
Abridged model30/09/201223/03/201308/04/2013DutchPDF
Abridged model30/09/201124/03/201224/04/2012DutchPDF
Abridged model30/09/201019/03/201129/04/2011DutchPDF
Abridged model30/09/200920/03/201030/04/2010DutchPDF
Abridged model30/09/200821/03/200930/04/2009DutchPDF
Abridged model30/09/200722/03/200805/05/2008DutchPDF
Abridged model30/09/200617/03/200725/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2025

6 active · 22 ended

Active mandates

GOVAR GROUP

Director · since 01 janvier 2025 · 1017.876.923

Represented by Christophe Govaere

Active
Guido Govaere

Director · since 01 janvier 2025

Active
EDU Company

Director · since 01 avril 2020 · until 17 mars 2025 · 0696.606.785

Represented by Evelyne Govaere

Active
Ann Depoorter

Director · since 08 novembre 2019 · until 17 mars 2025

Active
C.G.B.

Director · since 01 juin 2013 · until 17 mars 2025 · 0527.999.011

Represented by Christophe Govaere

Active
GOVAR INVEST

Director · since 01 avril 2013 · until 17 mars 2025 · 0848.397.929

Represented by Guido Govaere

Active

Ended mandates

GOVAR GROUP

Director · since 01 janvier 2025 · 1017.876.923

Represented by Christophe GOVAERE

Ended
EDU Company

Director · since 01 avril 2020 · until 17 mars 2025 · 0696.606.785

Represented by Evelyne GOVAERE

Ended
EDU Company

Bestuurder · since 01 avril 2020 · 0696.606.785

Represented by Evelyne Govaere

Ended
EDU Company

Director · since 01 avril 2020 · 0696.606.785

Represented by Evelyne Govaere

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,3 M €↑
  2. 2024
    Annual accounts 2024765,7 k €↓
  3. 2023
    Annual accounts 20231 M €↓
  4. 2022
    Annual accounts 20221,3 M €↑
  5. 2012
    Annual accounts 201284,7 k €↑
  6. 2011
    Annual accounts 201133,4 k €↑
  7. 2010
    Annual accounts 201027,2 k €↓
  8. 2009
    Annual accounts 200937,5 k €↓
  9. 2008
    Annual accounts 200881,7 k €↓
  10. 2007
    Annual accounts 2007149,9 k €↑
  11. 2006
    Annual accounts 200675,4 k €
  12. 18/02/1961
    IncorporationPrivate limited company