ACTIVE

Govaere Bouw

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Financial year 2025 · Closed on 31/12/2025

Net result257,8 k €-45,6 %over 1 year

Revenue15 M €-7,7 %over 1 year

Equity4 M €+7,0 %over 1 year

Workforce28,1 ETP+0,7 %over 1 year

Identity

Source · BCE/KBO

Govaere Bouw is a Public limited company incorporated in 1990. Its main activity is: Construction of buildings. Its registered office is in Kuurne. It employs on average 28,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0442.814.502
Incorporation: 21/12/1990
Legal form: Public limited company
Registered office: Pieter Verhaeghestraat 22
8520 Kuurne · FlandreSee on map
Contributed capital: 597 500,00 €
Latest accounts: 31/12/2025
Average workforce: 28,1 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+3

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	15 M €	-7.7%	16,2 M €	-31.4%	23,6 M €	+53.4%	15,4 M €	+33.4%	11,5 M €
EBITDA	1,2 M €	+13.7%	1,1 M €	-21.0%	1,4 M €	+225%	422,3 k €	+161%	-686,9 k €
Operating result	531,2 k €	-38.8%	868,2 k €	+28.6%	675,3 k €	+549%	104,1 k €	+115%	-714 k €
Net result	257,8 k €	-45.6%	474,2 k €	+6.9%	443,6 k €	+3918%	11 k €	+102%	-734,6 k €
Balance sheet
Equity	4 M €	+7.0%	3,7 M €	+14.7%	3,2 M €	+16.0%	2,8 M €	+57.8%	1,8 M €
Total assets	10,4 M €	-5.7%	11 M €	-4.4%	11,5 M €	-7.0%	12,4 M €	+117%	5,7 M €
Cash	1,1 M €	+14.5%	942,4 k €	+377%	197,4 k €	-75.3%	797,8 k €	+251%	227 k €
Debts	6,3 M €	-13.5%	7,3 M €	-6.3%	7,7 M €	-14.8%	9,1 M €	+172%	3,3 M €
Other
Workforce	28,1 ETP	+0.7%	27,9 ETP	-15.5%	33,0 ETP	-18.7%	40,6 ETP	-13.8%	47,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HGOVAERE0701.766.294Represented by Henri Govaere	Director06/12/2019 → 28/06/2031
JFGOVAERE0413.748.352Represented by Jan Govaere	Director28/06/2025 → 28/06/2031Managing director06/12/2019 → 2023 accountsended
PGOVAERE0701.761.940Represented by Pierre Govaere	Director06/12/2019 → 28/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Françoise BEKAERT	Director2018 accounts
Jan GOVAERE	Managing director2018 accounts

Other companies at this address

Pieter Verhaeghestraat 22 8520 Kuurne

Company	CBE no.
Coisy B● Active	1016.012.444
Govaere Immo● Active	0655.818.483
GROEP GOVAERE● Active	0691.857.646
HGOVAERE● Active	0701.766.294
HJP● Active	0643.898.965
JFGOVAERE● Active	0413.748.352
LIANIL● Active	0446.239.293

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	02/07/2025	08/04/2024	03/07/2023	14/07/2022	16/07/2021
General meeting	04/06/2026	28/06/2025	03/04/2024	30/06/2023	12/07/2022	26/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/06/2026	04/06/2026	Dutch	PDF
Full model	31/12/2024	28/06/2025	02/07/2025	Dutch	PDF
Full model	31/12/2023	03/04/2024	08/04/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	12/07/2022	14/07/2022	Dutch	PDF
Full model	31/12/2020	26/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	29/06/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	23/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	09/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	23/07/2014	Dutch	PDF
Full model	31/12/2012	29/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	22/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	02/08/2011	Dutch	PDF
Full model	31/12/2009	08/05/2010	08/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	10/07/2009	Dutch	PDF
Full model	31/12/2007	31/05/2008	04/08/2008	Dutch	PDF
Full model	31/12/2006	12/05/2007	19/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HGOVAERE0701.766.294Represented by Henri Govaere	Director06/12/2019 → 28/06/2031
JFGOVAERE0413.748.352Represented by Jan Govaere	Director28/06/2025 → 28/06/2031Managing director06/12/2019 → 2023 accountsended
PGOVAERE0701.761.940Represented by Pierre Govaere	Director06/12/2019 → 28/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Françoise BEKAERT	Director2018 accounts
Jan GOVAERE	Managing director2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring25/07/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates19/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office10/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/07/2019
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

JFGOVAERE

PGOVAERE

HGOVAERE

LUITGARDIS DEVOS

JAN GOVAERE

Françoise BEKAERT

199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Govaere Bouw

Pieter Verhaeghestraat 22, 8520 Kuurne

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Pieter Verhaeghestraat 22, 8520 KuurneCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00140441

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Govaere BouwCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00140441

Events

2025
Annual accounts 2025257,8 k €↓
2024
Annual accounts 2024474,2 k €↑
2023
Annual accounts 2023443,6 k €↑
2022
Annual accounts 202211 k €↑
2021
Annual accounts 2021-734,6 k €↓
2020
Annual accounts 2020-178,2 k €↓
2018
Annual accounts 2018474 k €↑
2017
Annual accounts 2017470,1 k €↑
2016
Annual accounts 201630,7 k €↓
2015
Annual accounts 2015639,5 k €↑
2014
Annual accounts 2014349 k €↑
2013
Annual accounts 2013237,7 k €↑
2012
Annual accounts 2012-28,2 k €↓
2011
Annual accounts 201131,1 k €↑
2010
Annual accounts 2010-134,7 k €↓
2009
Annual accounts 2009115,5 k €↑
2008
Annual accounts 200861,5 k €↓
2007
Annual accounts 200781,6 k €↓
2006
Annual accounts 2006219,4 k €
21/12/1990
IncorporationPublic limited company

Govaere Bouw

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events