ACTIVE

SOVANEST

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Financial year 2025 · Closed on 31/12/2025

Net result23,4 M €+2 114,0 %over 1 year
Gross margin-491,4 k €-168,9 %over 1 year
Equity78,7 M €+75,1 %over 1 year
Workforce1,7 ETP+30,8 %over 1 year

Identity

Source · BCE/KBO

SOVANEST is a Public limited company incorporated in 2019. Its main activity is: Development of building projects. Its registered office is in Sint-Martens-Latem. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.986.697
Incorporation
31/10/2019
Legal form
Public limited company
Registered office
Xavier De Cocklaan 70
9831 Sint-Martens-Latem · FlandreSee on map
Contributed capital
15 812 560,00 €
Latest accounts
31/12/2025
Average workforce
1,7 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-491,4 k €-182,8 k €–-61,6 k €-42,1 k €
EBITDA-636,4 k €-309,3 k €-131,4 k €-167,6 k €-151,4 k €
Operating result-698,5 k €-344,2 k €-166,9 k €-205,3 k €-188,6 k €
Net result23,4 M €1,1 M €1,2 M €-295 k €3,3 M €
Balance sheet
Equity78,7 M €45 M €43,9 M €42,7 M €43 M €
Total assets83,3 M €54,6 M €53,3 M €53,7 M €47,3 M €
Cash7 M €348,5 k €127,4 k €125,6 k €100,9 k €
Debts4,6 M €9,6 M €9,4 M €11 M €4,3 M €
Other
Workforce1,7 ETP1,3 ETP1,8 ETP1,8 ETP1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Maluar0645.906.370Represented by Matthias Page
Director28/05/2025 → 28/05/2031
VW MANAGEMENT0736.901.179Represented by Sophia Vanwynsberghe
Director30/10/2019 → 28/05/2031

Other companies at this address

Xavier De Cocklaan 70 9831 Sint-Martens-Latem
CompanyCBE no.
Administratiekantoor Augias Corp.● Active
0777.719.076
Augias Corp.● Active
0670.959.094
BELVEDERE● Active
0644.320.124
GAVINA● Active
0432.663.154
INVESTR● Active
0635.946.846
Real Homes● Active
0412.906.927
REAL HOUSES● Active
0405.295.395
SEAHORSE● Active
0644.320.025
Vibrant Lifestyle Collective● Active
0805.085.449
VIKING● Active
0644.346.353
ZILT ESTATE● Active
0405.249.964
Zure● Active
0741.481.856

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202130/10/2019
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 months15 months
Filing date02/09/202617/10/202522/07/202414/06/202315/06/202215/07/2021
General meeting27/08/202630/06/202505/07/202425/05/202327/05/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/08/202602/09/2026DutchPDF
Abridged modelCorrection31/12/202430/06/202517/10/2025DutchPDF
Abridged model31/12/202430/06/202522/07/2025DutchPDF
Full model31/12/202305/07/202422/07/2024DutchPDF
Abridged model31/12/202225/05/202314/06/2023DutchPDF
Abridged model31/12/202127/05/202215/06/2022DutchPDF
Abridged model31/12/202022/06/202115/07/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Maluar0645.906.370Represented by Matthias Page
Director28/05/2025 → 28/05/2031
VW MANAGEMENT0736.901.179Represented by Sophia Vanwynsberghe
Director30/10/2019 → 28/05/2031

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/02/2020
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other31/12/2019
    BOEKJAAR
    PDF
  • Restructuring26/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other05/11/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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
Filings5 filings
Mandates
Maluar
VW MANAGEMENT
2019202020212022202320242025202620272028202920302031
SOVANEST
Xavier De Cocklaan 70, 9831 Deurle
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Xavier De Cocklaan 70, 9831 DeurleCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00493324

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SOVANESTCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00493324

Events

  1. 2025
    Annual accounts 202523,4 M €↑
  2. 07/11/2025
    nominationMaluar · niet-statutaire bestuurder
  3. 28/05/2025
    reconductionVW Management bv vvd Sophia Vanwynsberghe · bestuurder
  4. 28/05/2025
    nominationMaluar bv · bestuurder
  5. 2024
    Annual accounts 20241,1 M €↓
  6. 2023
    Annual accounts 20231,2 M €↑
  7. 23/10/2023
    reconductionBV Moore Audit · commissaris
  8. 2022
    Annual accounts 2022-295 k €↓
  9. 2021
    Annual accounts 20213,3 M €
  10. 31/10/2019
    IncorporationPublic limited company