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BOVAN

Active Public limited companyfounded 1989active for 36 yearsMolenstraat 95, 3570 AlkenKBO/BCE: BE 0438.993.492

Lifetime

18 annual accounts with figures on one time axis, 35 filings since 1990
peak €189,661 (2010)
€19,363▲ €20,051
lowest -€39,368 (2010)
€13,759▲ €18,966
peak €140,526 (2017)
€36,768▲ 59.8%
€189,201▼ 4.4%
Board6 names since 2016
6 directors and 5 others
Documentsfilings and deeds
27-04-20263 days before the deadline
2025micro format
Gross margin from -€688 to €19,363Back to profit: €13,759Equity from €23,009 to €36,768

Key points

from the 2025 annual accounts

Equity

€36,768 from €140,526 in 2017

Equity fell by 74% in 8 years.

Debts

€189,201 84% of the balance sheet
Suppliers 0%Taxes and wages 6%Other 94%

Filings

35 annual accounts since 1990
deadline1990200020102020

The last five annual accounts were filed 2 to 30 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as BOVAN has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,820 companies, not a prediction for BOVAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Managing director
Director
Director
Director
Director, since 07-02-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0438993492
Amendment of the articles · Resignations & appointments “Onderneming in het beheer van onroerende goederen, welke onder meer omvat de verwerving, de vervreemding, het…” (deed in Dutch) · General meeting of 28-11-2023 · Gazette deed
4 directors reappointed , , and · General meeting of 06-02-2022 · Gazette deed
4 directors reappointed (chair of the board and managing director), , and · General meeting of 01-02-2016 · Gazette deed
All 48 events

Official details

Source: KBO
Status
Active since 17-11-1989Normal situation
Activity
“Onderneming in het beheer van onroerende goederen, welke onder meer omvat de verwerving, de…” (deed in Dutch)From the articles, 23 activitiesNo NACE code in the KBO yet
Establishment unit
2.045.915.8823570 Alken, since 15-03-1999
Financial year end
30 September
Peppol
Reachable since 14-11-2025
Company details

Annual accounts to 30-09-2025

≈ €140,000estimated
€225,969▲ 2.3%
Filing
Filed on 27-04-2026, 3 days before the end of the filing period
Financials

Insights on BOVAN

BOVAN files the micro format. That format states no turnover. The gross margin fell from €170,128 in 2007 to €19,363 in 2025.

The balance sheet grew most from 2009 to 2010 through fixed assets.

In April 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BOVAN

What is the company number of BOVAN?
The company number of BOVAN is 0438.993.492. The VAT number is the same number with BE in front: BE 0438.993.492.
Where is BOVAN based?
The registered office is at Molenstraat 95, 3570 Alken.Company details
What is the legal form of BOVAN?
BOVAN is a public limited company (NV).
When was BOVAN founded?
BOVAN was founded on 17-11-1989.
Is BOVAN still active?
Yes, BOVAN is an active enterprise in the KBO register.
What is the turnover of BOVAN?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €19,363 and 7,096 comparable companies of the same size. It probably lies between €66,000 and €340,000. It is a rough estimate.Financials
Is BOVAN profitable?
In financial year 2025, BOVAN made a profit of €13,759.
Where can I find the annual accounts of BOVAN?
BOVAN filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BOVAN due?
BOVAN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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