ACTIVE

GOVAN

Financial year 2025 · closed on 31/12/2025
Net result
118,7 k €
+244.9% YoY
Gross margin
1,5 M €
+503.4% YoY
Equity
1,9 M €
+6.7% YoY
Workforce
0,0 ETP

What does GOVAN do?

GOVAN is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Wichelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.523.502
Incorporation
28/12/1990
Legal form
Public limited company
Registered office
Wolfgat 22
9260 Wichelen · FlandreSee on map
Contributed capital
1 150 473,85 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,5 M €256,3 k €289,3 k €256,4 k €163,9 k €177,8 k €232,1 k €190,8 k €150,4 k €192,1 k €268,7 k €160 k €145,8 k €117,9 k €140,9 k €148,4 k €144,5 k €121 k €84,4 k €67,5 k €
EBITDA357,1 k €204,3 k €234,2 k €225,1 k €140,1 k €154 k €208,7 k €168,5 k €127,1 k €172,6 k €241,7 k €139,6 k €125,9 k €90 k €126,7 k €129,4 k €130,3 k €100,1 k €69,4 k €52,5 k €
Operating result234,1 k €130,9 k €206,1 k €198,2 k €107,9 k €110,2 k €150 k €116,1 k €61,7 k €79,8 k €126 k €16,3 k €-12,6 k €-77,8 k €-36,2 k €-34,8 k €-31,7 k €-55,1 k €-74,9 k €-65,9 k €
Net result118,7 k €-81,9 k €109 k €141,7 k €82,6 k €85,8 k €121,9 k €130,7 k €74,3 k €89,7 k €133,9 k €18,1 k €-10 k €-80,6 k €-40,4 k €-42,1 k €-38,8 k €59 k €-87,8 k €-86 k €
Balance sheet
Equity1,9 M €1,8 M €1,8 M €1,7 M €1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €1 M €872,4 k €854,2 k €864,2 k €944,8 k €985,2 k €1 M €1,1 M €1 M €1,1 M €
Total assets4,7 M €5,9 M €5,2 M €3,5 M €2,3 M €1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €1,2 M €1,2 M €1,3 M €1,4 M €1,5 M €1,7 M €1,8 M €1,9 M €1,8 M €1,9 M €
Cash299,6 k €184,6 k €432,9 k €466,7 k €409,2 k €420,2 k €387,6 k €241,7 k €180,9 k €147 k €54,7 k €29,2 k €24,9 k €13,3 k €45,5 k €95 k €98,5 k €16,5 k €10,4 k €81,3 k €
Debts2,7 M €4,1 M €3,3 M €1,7 M €693,8 k €90,3 k €73,5 k €70 k €81,7 k €106,3 k €151,7 k €333,9 k €400,9 k €474,1 k €531 k €588 k €654,6 k €707,3 k €737,7 k €731,1 k €
Other
Workforce0,0 ETP
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 31/12/2025 · 4 active · 30 ended

Active mandates

GOVIM

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.853

Represented by Govaert Olivier

Active
IsaGo

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.952

Represented by Govaert Isabelle

Active
Jo Zanders

Director · since 28 juin 2024 · until 28 juin 2030

Active
SERIMCO

Director · since 28 juin 2024 · until 28 juin 2030 · 0448.807.617

Represented by Vandewalle Anna

Active

Ended mandates

GOVIM

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.853

Represented by Govaert OLIVIER

Ended
Anna Vandewalle

Director · since 30 mars 2018 · until 31 décembre 2019

Ended
Anna Vandewalle

Director · since 30 mars 2018 · until 30 mars 2024

Ended
GOVIM

Managing director · since 30 mars 2018 · until 30 mars 2024 · 0686.589.853

Represented by Olivier Govaert

Ended
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 date07/07/202630/06/202503/07/202417/07/202320/07/202205/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202607/07/2026DutchPDF
Abridged model31/12/202427/06/202530/06/2025DutchPDF
Abridged model31/12/202328/06/202403/07/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202124/06/202220/07/2022DutchPDF
Abridged model31/12/202025/06/202105/07/2021DutchPDF
Abridged model31/12/201926/06/202003/07/2020DutchPDF
Abridged model30/09/201829/03/201910/04/2019DutchPDF
Abridged model30/09/201730/03/201803/04/2018DutchPDF
Abridged model30/09/201631/03/201704/04/2017DutchPDF
Abridged model30/09/201525/03/201605/04/2016DutchPDF
Abridged model30/09/201427/03/201530/03/2015DutchPDF
Abridged model30/09/201328/03/201425/04/2014DutchPDF
Abridged model30/09/201229/03/201324/04/2013DutchPDF
Abridged model30/09/201130/03/201223/04/2012DutchPDF
Abridged model30/09/201025/03/201128/03/2011DutchPDF
Abridged model30/09/200926/03/201014/04/2010DutchPDF
Abridged model30/09/200827/03/200924/04/2009DutchPDF
Abridged model30/09/200728/03/200831/03/2008DutchPDF
Abridged model30/09/200630/03/200723/04/2007DutchPDF
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 31/12/2025 · 4 active · 30 ended

Active mandates

GOVIM

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.853

Represented by Govaert Olivier

Active
IsaGo

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.952

Represented by Govaert Isabelle

Active
Jo Zanders

Director · since 28 juin 2024 · until 28 juin 2030

Active
SERIMCO

Director · since 28 juin 2024 · until 28 juin 2030 · 0448.807.617

Represented by Vandewalle Anna

Active

Ended mandates

GOVIM

Managing director · since 28 juin 2024 · until 28 juin 2030 · 0686.589.853

Represented by Govaert OLIVIER

Ended
Anna Vandewalle

Director · since 30 mars 2018 · until 31 décembre 2019

Ended
Anna Vandewalle

Director · since 30 mars 2018 · until 30 mars 2024

Ended
GOVIM

Managing director · since 30 mars 2018 · until 30 mars 2024 · 0686.589.853

Represented by Olivier Govaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/10/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates12/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2005
    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 2025118,7 k €
  2. 2024
    Annual accounts 2024-81,9 k €
  3. 2023
    Annual accounts 2023109 k €
  4. 2022
    Annual accounts 2022141,7 k €
  5. 2021
    Annual accounts 202182,6 k €
  6. 2020
    Annual accounts 202085,8 k €
  7. 2019
    Annual accounts 2019121,9 k €
  8. 2018
    Annual accounts 2018130,7 k €
  9. 2017
    Annual accounts 201774,3 k €
  10. 2016
    Annual accounts 201689,7 k €
  11. 2015
    Annual accounts 2015133,9 k €
  12. 2014
    Annual accounts 201418,1 k €
  13. 2013
    Annual accounts 2013-10 k €
  14. 2012
    Annual accounts 2012-80,6 k €
  15. 2011
    Annual accounts 2011-40,4 k €
  16. 2010
    Annual accounts 2010-42,1 k €
  17. 2009
    Annual accounts 2009-38,8 k €
  18. 2008
    Annual accounts 200859 k €
  19. 2007
    Annual accounts 2007-87,8 k €
  20. 2006
    Annual accounts 2006-86 k €
  21. 28/12/1990
    IncorporationPublic limited company