ACTIVE

BOVAP

Financial year 2025 · closed on 31/12/2025
Net result
289,7 k €
+48.1% YoY
Gross margin
1 M €
+24.2% YoY
Equity
7 M €
+280.7% YoY

What does BOVAP do?

BOVAP is a Public limited company incorporated in 1975. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Heusden-Zolder.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.142.875
Incorporation
29/04/1975
Legal form
Public limited company
Registered office
Pastoor Paquaylaan 186
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
422 000,03 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120162015201420132012201120102009200820072006
Income statement
Gross margin1 M €839,9 k €333,5 k €446,5 k €481,4 k €252,4 k €
EBITDA958,8 k €758,1 k €571 k €423,7 k €433,5 k €476,8 k €512,1 k €592,9 k €477,6 k €526,5 k €515,6 k €343,8 k €292,6 k €406 k €345,6 k €205,3 k €
Operating result418,1 k €278,2 k €153,4 k €66,9 k €87,6 k €223,8 k €221 k €327,6 k €217,7 k €273,3 k €248,2 k €126,3 k €79,5 k €199,4 k €184 k €51,2 k €
Net result289,7 k €195,6 k €86,5 k €38,5 k €68,4 k €112,2 k €175,8 k €273,5 k €229,1 k €257 k €203,5 k €128,6 k €75,9 k €184,5 k €201,3 k €68,4 k €
Balance sheet
Equity7 M €1,8 M €1,7 M €1,8 M €3,5 M €3,2 M €3,2 M €3,1 M €2,8 M €2,8 M €2,6 M €2,6 M €2,5 M €2,4 M €2,2 M €2 M €
Total assets10,1 M €4,7 M €4,6 M €4,1 M €5 M €4,1 M €3,7 M €3,5 M €3,6 M €3,7 M €3,5 M €3,6 M €3,7 M €3,7 M €3,3 M €3,1 M €
Cash81,7 k €11,1 k €175,7 k €6,6 k €1,3 M €456,1 k €383,7 k €463,9 k €353,1 k €301,5 k €381,3 k €603,9 k €15,8 k €10 k €4,7 k €277,9 k €
Debts3 M €2,9 M €2,9 M €2,3 M €1,6 M €816,9 k €440 k €412,9 k €739,2 k €791,8 k €805,9 k €926,4 k €1 M €1,2 M €943,2 k €879,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 72 ended

Active mandates

BOWAR

Managing director · 0476.338.492

Represented by Kristof Robeyns

Active
BRECHT GEERTS

Director · 0687.491.161

Represented by Brecht Geerts

Active
Ilse Van de Voorde

Director

Active
KOEN VANDEVENNE

Director · 0476.051.551

Represented by Koen Vandevenne

Active
MATHIAS VLASSELAER

Director · 0740.969.043

Represented by Mathias Vlasselaer

Active
Truus Roesems

Director

Active

Ended mandates

BOWAR

Managing director · since 11 mai 2022 · until 11 mai 2028 · 0476.338.492

Represented by Robeyns KRISTOF

Ended
BRECHT GEERTS

Director · since 11 mai 2022 · until 11 mai 2028 · 0687.491.161

Represented by Geerts BRECHT

Ended
Ilse Van de Voorde

Director · since 11 mai 2022 · until 09 mai 2028

Ended
KOEN VANDEVENNE

Director · since 11 mai 2022 · until 11 mai 2028 · 0476.051.551

Represented by Vandevenne KOEN

Ended
At this address

Other companies at this address

CompanyCBE no.
B.M.B.W.Active
0645.607.749
BOWARActive
0476.338.492
MIREILLEActive
0415.148.815
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202604/07/202527/08/202425/07/202328/07/202228/07/2021
General meeting27/05/202614/05/202515/05/202410/05/202311/05/202212/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/05/202623/07/2026DutchPDF
Abridged model31/12/202414/05/202504/07/2025DutchPDF
Full model31/12/202315/05/202427/08/2024DutchPDF
Full model31/12/202210/05/202325/07/2023DutchPDF
Full model31/12/202111/05/202228/07/2022DutchPDF
Full model31/12/202012/05/202128/07/2021DutchPDF
Full model31/12/201913/05/202012/06/2020DutchPDF
Full model31/12/201815/05/201913/06/2019DutchPDF
Full model31/12/201716/05/201815/06/2018DutchPDF
Full model31/12/201626/04/201723/05/2017DutchPDF
Full model31/12/201527/04/201626/05/2016DutchPDF
Full model31/12/201413/05/201512/06/2015DutchPDF
Full model31/12/201315/05/201403/06/2014DutchPDF
Full model31/12/201208/05/201323/05/2013DutchPDF
Full model31/12/201102/05/201225/07/2012DutchPDF
Full model31/12/201010/05/201108/06/2011DutchPDF
Abridged model31/12/200905/05/201003/06/2010DutchPDF
Abridged model31/12/200812/05/200908/06/2009DutchPDF
Abridged model31/12/200713/05/200809/06/2008DutchPDF
Abridged model31/12/200621/05/200708/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 72 ended

Active mandates

BOWAR

Managing director · 0476.338.492

Represented by Kristof Robeyns

Active
BRECHT GEERTS

Director · 0687.491.161

Represented by Brecht Geerts

Active
Ilse Van de Voorde

Director

Active
KOEN VANDEVENNE

Director · 0476.051.551

Represented by Koen Vandevenne

Active
MATHIAS VLASSELAER

Director · 0740.969.043

Represented by Mathias Vlasselaer

Active
Truus Roesems

Director

Active

Ended mandates

BOWAR

Managing director · since 11 mai 2022 · until 11 mai 2028 · 0476.338.492

Represented by Robeyns KRISTOF

Ended
BRECHT GEERTS

Director · since 11 mai 2022 · until 11 mai 2028 · 0687.491.161

Represented by Geerts BRECHT

Ended
Ilse Van de Voorde

Director · since 11 mai 2022 · until 09 mai 2028

Ended
KOEN VANDEVENNE

Director · since 11 mai 2022 · until 11 mai 2028 · 0476.051.551

Represented by Vandevenne KOEN

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates16/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025289,7 k €
  2. 2024
    Annual accounts 2024195,6 k €
  3. 2023
    Annual accounts 202386,5 k €
  4. 2022
    Annual accounts 202238,5 k €
  5. 2021
    Annual accounts 202168,4 k €
  6. 2016
    Annual accounts 2016112,2 k €
  7. 2015
    Annual accounts 2015175,8 k €
  8. 2014
    Annual accounts 2014273,5 k €
  9. 2013
    Annual accounts 2013229,1 k €
  10. 2012
    Annual accounts 2012257 k €
  11. 2011
    Annual accounts 2011203,5 k €
  12. 2010
    Annual accounts 2010128,6 k €
  13. 2009
    Annual accounts 200975,9 k €
  14. 2008
    Annual accounts 2008184,5 k €
  15. 2007
    Annual accounts 2007201,3 k €
  16. 2006
    Annual accounts 200668,4 k €
  17. 29/04/1975
    IncorporationPublic limited company