ACTIVE

BOVAN

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Financial year 2025 · closed on 30/09/2025

Net result

13,8 k €

+364.2% YoY

Gross margin

19,4 k €

+2915.4% YoY

Equity

36,8 k €

+59.8% YoY

What does BOVAN do?

BOVAN is a Public limited company incorporated in 1989. Its registered office is in Alken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.993.492

Incorporation

17/11/1989

Legal form

Public limited company

Registered office

Molenstraat 95
3570 Alken · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	19,4 k €	+2915%	-687,8 €	+93.8%	-11,1 k €	-46.5%	-7,6 k €	-84.5%	-4,1 k €	-152%	7,9 k €	+565%	-1,7 k €	-101%	148,5 k €	+44.2%	103 k €	+1.4%	101,6 k €	-9.7%	112,5 k €	-4.8%	118,2 k €	+35.3%	87,3 k €	-46.6%	163,5 k €	-13.8%	189,7 k €	+10.4%	171,8 k €	+33.7%	128,5 k €	-24.5%	170,1 k €
EBITDA	15,1 k €	+509%	-3,7 k €	+74.0%	-14,2 k €	-30.5%	-10,9 k €	+19.0%	-13,4 k €	-392%	4,6 k €	+195%	-4,9 k €	-107%	68,3 k €	-23.1%	88,9 k €	-9.1%	97,7 k €	-10.7%	109,5 k €	-4.0%	114,1 k €	+35.2%	84,4 k €	-41.0%	143,1 k €	+15.6%	123,9 k €	-26.3%	168,1 k €	+34.7%	124,8 k €	-24.7%	165,8 k €
Operating result	15,1 k €	+509%	-3,7 k €	+74.0%	-14,2 k €	-30.5%	-10,9 k €	+19.0%	-13,4 k €	-400%	4,5 k €	+113%	-33,6 k €	-194%	35,8 k €	+153%	14,1 k €	-59.2%	34,7 k €	-24.1%	45,7 k €	+37.0%	33,3 k €	+486%	-8,6 k €	-122%	39,5 k €	+436%	-11,8 k €	-139%	30,2 k €	+274%	-17,4 k €	-193%	18,7 k €
Net result	13,8 k €	+364%	-5,2 k €	+65.9%	-15,3 k €	-57.6%	-9,7 k €	+33.0%	-14,5 k €	-530%	3,4 k €	+110%	-34,1 k €	-230%	26,3 k €	+267%	7,2 k €	-68.0%	22,4 k €	-26.4%	30,4 k €	+37.1%	22,2 k €	-39.3%	36,5 k €	+475%	6,4 k €	+116%	-39,4 k €	-409%	12,7 k €	+132%	-39,3 k €	-668%	-5,1 k €
Balance sheet
Equity	36,8 k €	+59.8%	23 k €	-18.5%	28,2 k €	-35.1%	43,5 k €	-18.2%	53,2 k €	-21.4%	67,7 k €	+5.2%	64,3 k €	-54.2%	140,5 k €	+23.0%	114,2 k €	+6.7%	107,1 k €	+26.4%	84,7 k €	+55.9%	54,3 k €	+68.9%	32,2 k €	+841%	-4,3 k €	+59.4%	-10,7 k €	-137%	28,7 k €	+80.0%	15,9 k €	-71.1%	55,2 k €
Total assets	226 k €	+2.3%	220,9 k €	+10.5%	199,8 k €	+8.9%	183,4 k €	+15.5%	158,8 k €	+12.6%	141 k €	-31.7%	206,4 k €	-56.3%	472,3 k €	-28.8%	663,6 k €	-11.4%	749,4 k €	-1.7%	762,3 k €	+2.1%	746,6 k €	-14.4%	871,7 k €	-48.6%	1,7 M €	-5.6%	1,8 M €	+78.6%	1 M €	+3.1%	975 k €	-14.5%	1,1 M €
Cash	2,3 k €	-24.3%	3 k €	-32.9%	4,5 k €	+214%	1,4 k €	-72.3%	5,2 k €	+7.1%	4,8 k €	-93.1%	70,1 k €	-63.3%	191 k €	-17.7%	232,2 k €	-0.9%	234,4 k €	+41.5%	165,7 k €	+530%	26,3 k €	-66.2%	77,7 k €	+414%	15,1 k €	-13.8%	17,5 k €	+37.6%	12,8 k €	+822%	1,4 k €	-97.6%	57,2 k €
Debts	189,2 k €	-4.4%	197,9 k €	+15.3%	171,6 k €	+22.6%	139,9 k €	+32.5%	105,6 k €	+43.9%	73,4 k €	-48.4%	142,1 k €	-57.2%	331,8 k €	-39.6%	549,3 k €	-14.5%	642,3 k €	-5.2%	677,6 k €	-2.1%	692,2 k €	-17.5%	839,5 k €	-50.6%	1,7 M €	-5.9%	1,8 M €	+85.0%	976,8 k €	+1.8%	959,1 k €	-11.6%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 22 ended

Active mandates

Laurent Bogaerts

Managing director · since 07 février 2022 · until 07 février 2028

Active

Liesje Bogaerts

Director · since 07 février 2022 · until 07 février 2028

Active

Marleen Vandersmissen

Director · since 07 février 2022 · until 07 février 2028

Active

Ruben Bogaerts

Director · since 07 février 2022 · until 07 février 2028

Active

Ended mandates

Laurent Bogaerts

Managing director · since 01 février 2016 · until 07 février 2022

Ended

Laurent Emile Bogaerts

Managing director · since 01 février 2016

Ended

Liesje Bogaerts

Director · since 01 février 2016 · until 07 février 2022

Ended

Liesje Bogaerts

Director · since 01 février 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	08/04/2025	02/04/2024	31/03/2023	28/04/2022	30/04/2021
General meeting	31/03/2026	31/03/2025	29/03/2024	06/02/2023	07/02/2022	01/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	31/03/2026	27/04/2026	Dutch	PDF
Micro model	30/09/2024	31/03/2025	08/04/2025	Dutch	PDF
Micro model	30/09/2023	29/03/2024	02/04/2024	Dutch	PDF
Micro model	30/09/2022	06/02/2023	31/03/2023	Dutch	PDF
Micro model	30/09/2021	07/02/2022	28/04/2022	Dutch	PDF
Micro model	30/09/2020	01/02/2021	30/04/2021	Dutch	PDF
Micro model	30/09/2019	03/02/2020	16/04/2020	Dutch	PDF
Micro model	30/09/2017	05/02/2018	01/03/2018	Dutch	PDF
Abridged model	30/09/2016	06/02/2017	21/02/2017	Dutch	PDF
Abridged model	30/09/2015	01/02/2016	17/02/2016	Dutch	PDF
Abridged model	30/09/2014	02/02/2015	17/02/2015	Dutch	PDF
Abridged model	30/09/2013	03/02/2014	28/02/2014	Dutch	PDF
Abridged model	30/09/2012	04/02/2013	01/03/2013	Dutch	PDF
Abridged model	30/09/2011	06/02/2012	27/03/2012	Dutch	PDF
Abridged model	30/09/2010	07/02/2011	18/03/2011	Dutch	PDF
Abridged model	30/09/2009	01/02/2010	09/02/2010	Dutch	PDF
Abridged model	30/09/2008	02/02/2009	10/03/2009	Dutch	PDF
Abridged model	30/09/2007	04/02/2008	03/03/2008	Dutch	PDF
Abridged model	30/09/2006	05/02/2007	12/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 4 active · 22 ended

Active mandates

Laurent Bogaerts

Managing director · since 07 février 2022 · until 07 février 2028

Active

Liesje Bogaerts

Director · since 07 février 2022 · until 07 février 2028

Active

Marleen Vandersmissen

Director · since 07 février 2022 · until 07 février 2028

Active

Ruben Bogaerts

Director · since 07 février 2022 · until 07 février 2028

Active

Ended mandates

Laurent Bogaerts

Managing director · since 01 février 2016 · until 07 février 2022

Ended

Laurent Emile Bogaerts

Managing director · since 01 février 2016

Ended

Liesje Bogaerts

Director · since 01 février 2016 · until 07 février 2022

Ended

Liesje Bogaerts

Director · since 01 février 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates20/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/10/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/03/2004
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

2025
Annual accounts 202513,8 k €↑
2024
Annual accounts 2024-5,2 k €↑
2023
Annual accounts 2023-15,3 k €↓
2022
Annual accounts 2022-9,7 k €↑
2021
Annual accounts 2021-14,5 k €↓
2020
Annual accounts 20203,4 k €↑
2019
Annual accounts 2019-34,1 k €↓
2017
Annual accounts 201726,3 k €↑
2016
Annual accounts 20167,2 k €↓
2015
Annual accounts 201522,4 k €↓
2014
Annual accounts 201430,4 k €↑
2013
Annual accounts 201322,2 k €↓
2012
Annual accounts 201236,5 k €↑
2011
Annual accounts 20116,4 k €↑
2010
Annual accounts 2010-39,4 k €↓
2009
Annual accounts 200912,7 k €↑
2008
Annual accounts 2008-39,3 k €↓
2007
Annual accounts 2007-5,1 k €
17/11/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BOVAN

Overview

What does BOVAN do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline