ACTIVE

GOVAR GROUP

Financial year 2025 · closed on 31/12/2025
Net result
3,1 M €
Gross margin
882,5 k €
Equity
8,5 M €
Workforce
2,5 ETP

What does GOVAR GROUP do?

GOVAR GROUP is a Private limited company incorporated in 2024. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Ardooie. It employs on average 2,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1017.876.923
Incorporation
23/12/2024
Legal form
Private limited company
Registered office
Izegemsestraat 35
8850 Ardooie · FlandreSee on map
Contributed capital
5 354 025,00 €
Latest accounts
31/12/2025
Average workforce
2,5 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 1 financial year

2025
Income statement
Gross margin882,5 k €
EBITDA509 k €
Operating result509 k €
Net result3,1 M €
Balance sheet
Equity8,5 M €
Total assets20,2 M €
Cash192,7 k €
Debts11,7 M €
Other
Workforce2,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active

Active mandates

C.G.B.

Director · since 01 janvier 2025 · 0527.999.011

Represented by Christophe Govaere

Active
EDU Company

Director · since 01 janvier 2025 · 0696.606.785

Represented by Evelyne Govaere

Active
Christophe Govaere

Director · since 23 décembre 2024 · until 17 mars 2025

Active
Evelyne Govaere

Director · since 23 décembre 2024 · until 17 mars 2025

Active
At this address

Other companies at this address

CompanyCBE no.
0501.525.137
0405.567.391
GOVAR RENTINGActive
0479.304.912
Annual accounts

Full financial information

2025
Type of accountAbridged model
Start of the financial year23/12/2024
Closing of the financial year31/12/2025
Length of the financial year13 months
Filing date24/04/2026
General meeting21/04/2026
Currency of the financial yearEUR
NBB quality labelSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

1 filing with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202624/04/2026DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active

Active mandates

C.G.B.

Director · since 01 janvier 2025 · 0527.999.011

Represented by Christophe Govaere

Active
EDU Company

Director · since 01 janvier 2025 · 0696.606.785

Represented by Evelyne Govaere

Active
Christophe Govaere

Director · since 23 décembre 2024 · until 17 mars 2025

Active
Evelyne Govaere

Director · since 23 décembre 2024 · until 17 mars 2025

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/12/2024
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 20253,1 M €
  2. 23/12/2024
    IncorporationPrivate limited company