ACTIVE

CIVAR

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Financial year 2025 · closed on 31/12/2025
Net result
175,4 k €
-70.6% YoY
Gross margin
238,6 k €
-65.6% YoY
Equity
665,7 k €
+23.2% YoY

What does CIVAR do?

CIVAR is a Public limited company incorporated in 1982. Its main activity is: Raising of swine/pigs. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.648.290
Incorporation
09/11/1982
Legal form
Public limited company
Registered office
Emiel Clausstraat 23
8793 Waregem · FlandreSee on map
Contributed capital
617 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
01462Raising of swine/pigs· main01462Raising of swine/pigs68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate
Joint committees (1)
  • 118
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092007
Income statement
Gross margin238,6 k €693,8 k €589,2 k €-154,8 k €-613 k €––––––––41,5 k €-274,1 k €221,7 k €
EBITDA235,9 k €691,3 k €586,9 k €-156,8 k €-615,3 k €-9,1 k €380,5 k €225,8 k €19,7 k €189,8 k €39,9 k €48,4 k €87,6 k €-31,5 k €-459,4 k €130,1 k €
Operating result230,5 k €658,9 k €549,2 k €-191,7 k €-647,6 k €-80 k €279,1 k €108,8 k €-111,8 k €78,4 k €-63 k €-72,6 k €-49,3 k €-181,9 k €-585,3 k €4,8 k €
Net result175,4 k €597,2 k €509,8 k €-221,1 k €-666 k €-95,3 k €228,4 k €98,9 k €-126,8 k €70,3 k €-52,6 k €323,7 k €134,2 k €-236,5 k €-678,3 k €-38,1 k €
Balance sheet
Equity665,7 k €540,3 k €-56,9 k €-566,7 k €-345,6 k €508,6 k €603,9 k €375,5 k €276,6 k €403,3 k €333 k €385,6 k €61,9 k €-72,3 k €-340,9 k €337,5 k €
Total assets3,5 M €2,9 M €3 M €1,1 M €887 k €1,8 M €2,3 M €2,1 M €1,9 M €1,8 M €741 k €1,4 M €1,4 M €1,4 M €1,4 M €1,6 M €
Cash108,5 k €43 k €29,7 k €74,6 k €17 k €20,7 k €20 k €75,9 k €18,4 k €13,9 k €4,4 k €37,3 k €18,4 k €5,9 k €1 k €21,2 k €
Debts2,8 M €2,3 M €3 M €1,7 M €1,2 M €1,3 M €1,7 M €1,7 M €1,6 M €1,4 M €407,9 k €1 M €1,3 M €1,5 M €1,7 M €1,2 M €
Other
Workforce–––––––––––––1,3 ETP2,0 ETP2,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 21 ended

Active mandates

LYSINVEST

Director · since 01 décembre 2025 · until 09 mai 2030 · 0890.125.151

Represented by Rik Vandeputte

Active
Francis Vandeputte

Director · since 05 avril 2019 · until 09 mai 2030

Active
Marnik Vanrolleghem

Director · since 05 avril 2019 · until 09 mai 2030

Active
Rik Vandeputte

Director · since 05 avril 2019 · until 01 décembre 2025

Active

Ended mandates

Francis Vandeputte

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Marnik Vanrolleghem

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Rik Vandeputte

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Rik Vandeputte

Director · since 05 avril 2019 · until 09 mai 2030

Ended
At this address

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0458.454.464
LEIEVOEDERS● Active
0415.930.258
LYSINVEST● Active
0890.125.151
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/06/202603/07/202502/07/202409/06/202323/06/202210/06/2021
General meeting26/06/202630/06/202501/07/202411/05/202312/05/202213/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/06/2026DutchPDF
Abridged model31/12/202430/06/202503/07/2025DutchPDF
Abridged model31/12/202301/07/202402/07/2024DutchPDF
Abridged model31/12/202211/05/202309/06/2023DutchPDF
Abridged model31/12/202112/05/202223/06/2022DutchPDF
Abridged model31/12/202013/05/202110/06/2021DutchPDF
Full model31/12/201914/05/202031/08/2020DutchPDF
Full model30/06/201809/10/201815/02/2019DutchPDF
Full model30/06/201710/10/201723/02/2018DutchPDF
Full model30/06/201611/10/201629/12/2016DutchPDF
Full model30/06/201513/10/201522/02/2016DutchPDF
Full model30/06/201414/10/201427/02/2015DutchPDF
Full model30/06/201308/10/201321/02/2014DutchPDF
Full model30/06/201209/10/201221/12/2012DutchPDF
Full model30/06/201111/10/201110/01/2012DutchPDF
Abridged model30/06/201012/10/201029/12/2010DutchPDF
Abridged model31/03/200921/09/200931/12/2009DutchPDF
Abridged model30/06/200721/11/200729/02/2008DutchPDF
Abridged model30/06/200615/11/200623/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 21 ended

Active mandates

LYSINVEST

Director · since 01 décembre 2025 · until 09 mai 2030 · 0890.125.151

Represented by Rik Vandeputte

Active
Francis Vandeputte

Director · since 05 avril 2019 · until 09 mai 2030

Active
Marnik Vanrolleghem

Director · since 05 avril 2019 · until 09 mai 2030

Active
Rik Vandeputte

Director · since 05 avril 2019 · until 01 décembre 2025

Active

Ended mandates

Francis Vandeputte

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Marnik Vanrolleghem

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Rik Vandeputte

Director · since 05 avril 2019 · until 05 avril 2025

Ended
Rik Vandeputte

Director · since 05 avril 2019 · until 09 mai 2030

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/07/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates13/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares08/12/2009
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/07/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR
    PDF
  • Mandates06/07/2007
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/10/2004
    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 2025175,4 k €↓
  2. 2024
    Annual accounts 2024597,2 k €↑
  3. 2023
    Annual accounts 2023509,8 k €↑
  4. 2022
    Annual accounts 2022-221,1 k €↑
  5. 2021
    Annual accounts 2021-666 k €↓
  6. 2018
    Annual accounts 2018-95,3 k €↓
  7. 2017
    Annual accounts 2017228,4 k €↑
  8. 2016
    Annual accounts 201698,9 k €↑
  9. 2015
    Annual accounts 2015-126,8 k €↓
  10. 2014
    Annual accounts 201470,3 k €↑
  11. 2013
    Annual accounts 2013-52,6 k €↓
  12. 2013
    Name changeCivar
  13. 2012
    Annual accounts 2012323,7 k €↑
  14. 2011
    Annual accounts 2011134,2 k €↑
  15. 2010
    Annual accounts 2010-236,5 k €↑
  16. 2009
    Annual accounts 2009-678,3 k €↓
  17. 2007
    Annual accounts 2007-38,1 k €
  18. 2007
    Name changeVoeders Pauwelyn
  19. 09/11/1982
    IncorporationPublic limited company