ACTIVE

Arovo Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result872,9 k €-62,6 %over 1 year

Revenue28,4 M €+7,3 %over 1 year

Equity11,2 M €+8,4 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Arovo Belgium is a Private limited company incorporated in 2001. Its registered office is in Gent. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0475.722.246
Incorporation: 09/10/2001
Legal form: Private limited company
Registered office: Brandstraat 1 box 201
9000 Gent · FlandreSee on map
Contributed capital: 3 766 892,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	28,4 M €	+7.3%	26,4 M €	+51.4%	17,5 M €	-10.7%	19,6 M €	+9.8%	17,8 M €
EBITDA	2,7 M €	+17.2%	2,3 M €	+57.9%	1,4 M €	+684%	184,3 k €	-69.9%	612,7 k €
Operating result	2,7 M €	+39.8%	1,9 M €	+46.4%	1,3 M €	+630%	180,3 k €	-70.3%	606,6 k €
Net result	872,9 k €	-62.6%	2,3 M €	+618%	325,1 k €	-54.1%	708,4 k €	-34.9%	1,1 M €
Balance sheet
Equity	11,2 M €	+8.4%	10,4 M €	+29.1%	8 M €	-7.8%	8,7 M €	+8.9%	8 M €
Total assets	40,1 M €	+6.2%	37,7 M €	+36.4%	27,7 M €	-7.5%	29,9 M €	+7.9%	27,7 M €
Cash	4,5 M €	+158%	1,7 M €	+63.7%	1,1 M €	+149%	424,3 k €	-45.8%	783,5 k €
Debts	27,9 M €	+4.1%	26,8 M €	+39.0%	19,3 M €	-9.0%	21,2 M €	+7.5%	19,7 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Casalta BV

Director · since 02 février 2026 · 1034.095.818

Represented by Nathalie Vandeghinste

Active

Ended mandates

NALIE

Mandate · 0811.360.656

Represented by Nathalie Vandeghinste

Ended

Nathalie Vandeghinste

Manager

Ended

PANITAL

Mandate · 0461.594.591

Represented by Nathalie Vandeghinste

Ended

PANITAL

Director · 0461.594.591

Represented by Nathalie Vandeghinste

Ended

Other companies at this address

Brandstraat 1 9000 Gent

Company	CBE no.
DE PROL CONSULTING● Active	0889.605.905
PANITAL● Active	0461.594.591

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	19/06/2026	09/09/2025	17/09/2024	14/06/2023	08/06/2022	01/07/2021
General meeting	04/06/2026	02/09/2025	13/09/2024	05/06/2023	14/05/2022	14/05/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	02/09/2025	09/09/2025	Dutch	PDF
Full model	31/12/2023	13/09/2024	17/09/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	14/06/2023	Dutch	PDF
Full model	31/12/2021	14/05/2022	08/06/2022	Dutch	PDF
Full model	31/12/2020	14/05/2021	01/07/2021	Dutch	PDF
Full model	31/12/2019	04/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	20/05/2019	Dutch	PDF
Abridged model	31/12/2017	14/05/2018	15/05/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	14/06/2017	Dutch	PDF
Full model	31/12/2015	04/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	14/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/05/2012	25/05/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	28/06/2011	Dutch	PDF
Abridged model	30/06/2009	21/12/2009	09/02/2010	Dutch	PDF
Abridged model	31/12/2007	14/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	14/05/2007	07/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Casalta BV

Director · since 02 février 2026 · 1034.095.818

Represented by Nathalie Vandeghinste

Active

Ended mandates

NALIE

Mandate · 0811.360.656

Represented by Nathalie Vandeghinste

Ended

Nathalie Vandeghinste

Manager

Ended

PANITAL

Mandate · 0461.594.591

Represented by Nathalie Vandeghinste

Ended

PANITAL

Director · 0461.594.591

Represented by Nathalie Vandeghinste

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/02/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2020
WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Registered office26/01/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/11/2015
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

2025
Annual accounts 2025872,9 k €↓
2024
Annual accounts 20242,3 M €↑
2023
Annual accounts 2023325,1 k €↓
2022
Annual accounts 2022708,4 k €↓
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020512 k €↓
2019
Annual accounts 2019910,8 k €↑
2018
Annual accounts 2018784,3 k €↑
2017
Annual accounts 2017447,2 k €↑
2016
Annual accounts 2016356,2 k €↑
2015
Annual accounts 2015120,7 k €↓
2014
Annual accounts 2014339,9 k €↑
2013
Annual accounts 2013-13,4 k €↓
2012
Annual accounts 20121 M €↑
2010
Annual accounts 2010-165,5 k €↓
2009
Annual accounts 200923,9 k €↑
2007
Annual accounts 2007-54,6 k €↓
2006
Annual accounts 200632,6 k €
09/10/2001
IncorporationPrivate limited company

Arovo Belgium

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