GOVECO
0448.394.871 · rovalta.com · 24/09/2026
ACTIVE
GOVECO
Financial year 2025 · Closed on 31/12/2025
Net result
613,9 €
+103,5 %over 1 yearGross margin
631,8 k €
+9,8 %over 1 yearEquity
98,3 k €
+0,6 %over 1 yearWorkforce
7,1 ETP
+1,4 %over 1 yearOverview
Identity
Source · BCE/KBOGOVECO is a Private limited company incorporated in 1992. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Wetteren. It employs on average 7,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0448.394.871
- Incorporation
- 05/10/1992
- Legal form
- Private limited company
- Registered office
- Damstraat 15 E
9230 Wetteren · FlandreSee on map - Contributed capital
- 163 592,01 €
- Latest accounts
- 31/12/2025
- Average workforce
- 7,1 ETP
Activities (NACE)
46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main46699Wholesale of other machinery and equipment62090Other information technology and computer service activities62900Computer programming, consultancy and related activities46431Wholesale of electrical household appliances46431Wholesale of electrical household appliances+1
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 631,8 k € | +9.8% | 575,2 k € | -8.3% | 627,5 k € | +79.9% | 348,8 k € | -16.3% | 416,9 k € |
| EBITDA | 101,8 k € | +32.1% | 77,1 k € | -51.0% | 157,2 k € | +482% | -41,1 k € | -134% | 119,3 k € |
| Operating result | 67 k € | +135% | 28,5 k € | -78.3% | 131,6 k € | +294% | -67,8 k € | -183% | 81,9 k € |
| Net result | 613,9 € | +104% | -17,4 k € | -122% | 79,4 k € | +189% | -89,6 k € | -276% | 50,9 k € |
| Balance sheet | |||||||||
| Equity | 98,3 k € | +0.6% | 97,7 k € | -15.1% | 115,1 k € | +222% | 35,7 k € | -71.5% | 125,3 k € |
| Total assets | 2,1 M € | -5.6% | 2,3 M € | +61.5% | 1,4 M € | +20.0% | 1,2 M € | -4.7% | 1,2 M € |
| Cash | 248,9 k € | -46.9% | 469 k € | +1271% | 34,2 k € | -71.0% | 118,1 k € | -58.7% | 286,1 k € |
| Debts | 2 M € | -5.9% | 2,1 M € | +68.6% | 1,3 M € | +13.2% | 1,1 M € | +3.6% | 1,1 M € |
| Other | |||||||||
| Workforce | 7,1 ETP | +1.4% | 7,0 ETP | +16.7% | 6,0 ETP | +5.3% | 5,7 ETP | +14.0% | 5,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 08/06/2026 | 10/06/2025 | 03/06/2024 | 05/06/2023 | 21/06/2022 | 28/06/2021 |
| General meeting | 02/06/2026 | 04/06/2025 | 27/05/2024 | 30/05/2023 | 07/06/2022 | 25/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 02/06/2026 | 08/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 04/06/2025 | 10/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 27/05/2024 | 03/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/05/2023 | 05/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 21/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 28/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 05/06/2020 | 08/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 27/05/2019 | 03/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 28/05/2018 | 21/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 29/05/2017 | 12/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/05/2016 | 22/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/05/2015 | 19/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 26/05/2014 | 25/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 06/05/2013 | 29/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/05/2012 | 29/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/05/2011 | 05/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/05/2010 | 25/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 03/01/2010 | 02/02/2010 | Dutch | |
| Abridged model | 31/12/2007 | 22/06/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 22/06/2007 | 10/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates07/09/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates10/03/2020ONTSLAGEN - BENOEMINGEN
- Capital / shares18/03/2019STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Registered office24/11/2017MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
- Capital / shares10/11/2014KAPITAAL - AANDELEN - ALGEMENE VERGADERING
- Registered office07/01/2014MAATSCHAPPELIJKE ZETEL
- Mandates17/02/2010MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Registered office25/03/2008MAATSCHAPPELIJKE ZETEL
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025613,9 €↑
- 2024Annual accounts 2024-17,4 k €↓
- 2023Annual accounts 202379,4 k €↑
- 2022Annual accounts 2022-89,6 k €↓
- 2021Annual accounts 202150,9 k €↑
- 2020Annual accounts 2020-38,5 k €↓
- 2019Annual accounts 201910,1 k €↑
- 2018Annual accounts 20183,1 k €↑
- 2017Annual accounts 2017-36,4 k €↓
- 2016Annual accounts 20166,1 €↓
- 2015Annual accounts 201534,4 k €↑
- 2014Annual accounts 2014218,7 €↑
- 2013Annual accounts 2013-2,7 k €↑
- 2012Annual accounts 2012-3,9 k €↑
- 2011Annual accounts 2011-20 k €↓
- 2010Annual accounts 2010-8,6 k €↓
- 2009Annual accounts 2009-6,1 k €↑
- 2008Annual accounts 2008-10,3 k €↓
- 2007Annual accounts 2007-5,4 k €↓
- 2006Annual accounts 20061,7 k €
- 05/10/1992IncorporationPrivate limited company