ACTIVE

KOVAG Accountancy

Financial year 2025 · Closed on 30/06/2025

Net result-37,7 k €-144,7 %over 1 year
Gross margin223,4 k €-49,3 %over 1 year
Equity621,3 k €-5,7 %over 1 year
Workforce3,6 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

KOVAG Accountancy is a Private limited company incorporated in 2005. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Gent. It employs on average 3,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.290.557
Incorporation
27/12/2005
Legal form
Private limited company
Registered office
Brouwerijstraat 1 box 3A
9031 Gent · FlandreSee on map
Contributed capital
695 000,00 €
Latest accounts
30/06/2025
Average workforce
3,6 ETP
Joint committees (1)
  • 336
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin223,4 k €440,8 k €467 k €360,8 k €433,7 k €
EBITDA-33,6 k €100,5 k €148,9 k €75,6 k €132,3 k €
Operating result-35,8 k €86,6 k €138,4 k €65,1 k €103,3 k €
Net result-37,7 k €84,4 k €100,3 k €62,3 k €101,1 k €
Balance sheet
Equity621,3 k €659 k €574,5 k €474,2 k €411,9 k €
Total assets1,2 M €1,4 M €1,3 M €1,1 M €941,2 k €
Cash174,7 k €313,4 k €131,6 k €250 k €291,2 k €
Debts592,3 k €629,4 k €725,7 k €602,1 k €483 k €
Other
Workforce3,6 ETP4,5 ETP4,6 ETP4,3 ETP4,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 27 ended

Active mandates

"Het Accountantskantoor", Soenen & Grammens

Director · since 06 mai 2024 · 0459.630.837

Represented by Wim Grammens

Active
ARJO

Director · since 06 mai 2024 · 0825.894.028

Represented by Dirk Van Schil

Active
L. Mertens Accountancy Group

Director · since 06 mai 2024 · 0884.129.066

Represented by Ludovic Mertens

Active

Ended mandates

L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic MERTENS

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · until 04 décembre 2019 · 0884.129.066

Represented by Ludovic Mertens

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic Mertens

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic MERTENS

Ended

Other companies at this address

Brouwerijstraat 1 9031 Gent
CompanyCBE no.
MVL● Active
0732.924.971
0867.558.003

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/03/202626/02/202528/02/202424/02/202325/03/202218/12/2020
General meeting05/03/202616/10/202418/10/202319/10/202220/10/202121/10/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202505/03/202613/03/2026DutchPDF
Abridged model30/06/202416/10/202426/02/2025DutchPDF
Abridged model30/06/202318/10/202328/02/2024DutchPDF
Abridged model30/06/202219/10/202224/02/2023DutchPDF
Abridged model30/06/202120/10/202125/03/2022DutchPDF
Abridged model30/06/202021/10/202018/12/2020DutchPDF
Abridged model30/06/201918/12/201923/12/2019DutchPDF
Abridged model30/06/201828/11/201830/11/2018DutchPDF
Abridged model30/06/201722/11/201730/11/2017DutchPDF
Abridged model30/06/201619/12/201630/12/2016DutchPDF
Abridged model30/06/201502/12/201526/01/2016DutchPDF
Abridged model30/06/201415/10/201416/01/2015DutchPDF
Abridged model31/12/201215/07/201317/07/2013DutchPDF
Abridged model31/12/201106/02/201228/06/2012DutchPDF
Abridged model31/12/201031/01/201130/08/2011DutchPDF
Abridged model31/12/200903/02/201016/04/2010DutchPDF
Abridged model31/12/200817/02/200912/03/2009DutchPDF
Abridged model31/12/200713/02/200817/03/2008DutchPDF
Abridged model31/12/200615/02/200714/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 27 ended

Active mandates

"Het Accountantskantoor", Soenen & Grammens

Director · since 06 mai 2024 · 0459.630.837

Represented by Wim Grammens

Active
ARJO

Director · since 06 mai 2024 · 0825.894.028

Represented by Dirk Van Schil

Active
L. Mertens Accountancy Group

Director · since 06 mai 2024 · 0884.129.066

Represented by Ludovic Mertens

Active

Ended mandates

L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic MERTENS

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · until 04 décembre 2019 · 0884.129.066

Represented by Ludovic Mertens

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic Mertens

Ended
L. Mertens Accountancy Group

Director · since 04 décembre 2013 · 0884.129.066

Represented by Ludovic MERTENS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/04/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares18/06/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates17/02/2014
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2012
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2011
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/04/2009
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

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 2025-37,7 k €↓
  2. 2024
    Annual accounts 202484,4 k €↓
  3. 2023
    Annual accounts 2023100,3 k €↑
  4. 2022
    Annual accounts 202262,3 k €↓
  5. 2021
    Annual accounts 2021101,1 k €↑
  6. 2020
    Annual accounts 202066,5 k €↑
  7. 2019
    Annual accounts 2019-50 k €↓
  8. 2018
    Annual accounts 201845,9 k €↑
  9. 2017
    Annual accounts 2017-132,8 k €↓
  10. 2016
    Annual accounts 2016-39,2 k €↓
  11. 2015
    Annual accounts 2015-15,2 k €↑
  12. 2014
    Annual accounts 2014-65 k €↑
  13. 2012
    Annual accounts 2012-271,1 k €↓
  14. 2011
    Annual accounts 2011-38,2 k €↓
  15. 2010
    Annual accounts 2010152,7 €↓
  16. 2009
    Annual accounts 200963,2 k €↑
  17. 2007
    Annual accounts 200711,3 k €
  18. 27/12/2005
    IncorporationPrivate limited company