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Govaert M&D

Active
Private limited companyfounded 2009active for 17 yearsBinnenstraat 20, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0818.990.794
Summary

Govaert M&D has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,314 and a net result of €26,734. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 58% of 334 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-09-2009 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 2 others
Establishment units
2.181.431.119 9520 Sint-Lievens-Houtem, since 07-10-2009
2.306.076.020 9520 Sint-Lievens-Houtem, since 04-08-2020
Financial year end
31 December
Peppol
Reachable since 14-05-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€144,329
▼ 14.6%
Turnover
≈ €370,000
estimated
Profit
€26,734
▼ 39.1%
Equity
€256,314
▲ 6.8%
Total assets
€483,692
▲ 39.4%
Employees on 31-12-2025
2
=
Filed on 18-06-2026, 43 days before the deadline
Score breakdownraises riskSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskFounded in 2009Figures for financial year 2025 (filed on 18-06-2026)Equity €256,314 (53.0% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Strong
Solvency 78-16
equity 53.0% of total assets
Liquidity 63-3
short-term debt 8.0% · cash 10.2%
Profitability 76-9
return on assets 5.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.87 (4.52 in 2024), above the usual 1.5. Short-term debt is 8% and cash 10.2% of total assets. 47% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 59% of them on solvency, 64% on liquidity, 59% on profitability and 55% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Figures for financial year 2025 (filed on 18-06-2026)
NBB · annual accounts
lowers risk · Equity €256,314 (53.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
22 days late
2023
29 days late
2022
32 days early
2021
54 days early
2020
25 days early
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 9th largest company by equity in Sint-Lievens-Houtem, Manufacturing sectorin the Checked rankings No. 9 View
  • Positive: 8 profitable years in a rowprofit 2025: €26,734 8 years View

Recent changes

  1. · Gazette deed Changes of role: GOVAERT Martin (director) and GOVAERT Daantje (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Govaert M&D: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €429,000 and €576,000, founded between 2008 and 2011.

CompanyTotal assetsGross margin
Govaert M&D Sint-Lievens-Houtem€483,692€144,329
Weld Constructies Lebbeke€430,291€118,640
DEKETELAERE WOUTER Staden€521,118€124,841
HOREMANS HOME INTERIEUR Herentals€546,972€163,293
KASTEL INTERIOR Oostrozebeke€576,099€146,100
SG Duffel€465,462€174,185
INNO ENGI Pittem€429,288€173,036
Full comparison

Key facts about Govaert M&D

What is the company number of Govaert M&D?
The company number of Govaert M&D is 0818.990.794. The VAT number is the same number with BE in front: BE 0818.990.794.
Where is Govaert M&D based?
The registered office is at Binnenstraat 20, 9520 Sint-Lievens-Houtem.Company details
What does Govaert M&D do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of Govaert M&D?
The legal form of Govaert M&D is Private limited company (BV).
When was Govaert M&D founded?
Govaert M&D was founded on 28-09-2009.
Is Govaert M&D still active?
Yes, Govaert M&D is an active enterprise in the KBO register.
How many employees does Govaert M&D have?
Govaert M&D had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Govaert M&D?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €144,329 and 1,644 comparable companies of the same size. It probably lies between €220,000 and €690,000. It is a rough estimate.
Is Govaert M&D profitable?
In financial year 2025, Govaert M&D made a profit of €26,734.
Where can I find the annual accounts of Govaert M&D?
Govaert M&D filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Govaert M&D due?
Govaert M&D must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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