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GOVAERTS INDUSTRIES

Active
Public limited companyfounded 1995active for 31 yearsKolmenstraat 1321, 3570 Alken, BelgiumKBO/BCE: BE 0455.134.985
Summary

The annual accounts of GOVAERTS INDUSTRIES for financial year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €145,567 and a net result of -€176,390. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 6% of 80 sector peers (NACE 08, financial year 2025). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
GOVAERTS INDUSTRIESActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Other mining and quarrying
NACE 08910
3rd largest company by total assets in Limburg, Mining and quarrying sector1 site
Size
€1.1moperating revenue 2025
Equity
€145,567
Loss
-€176,390
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
GOVAERTS HOLDING · 100%
Holdings
1
  • LARSADirector · permanent representative 's Heeren Lieven
  • UNO InvestDirector · permanent representative Wouter Uten
2025 accounts 3 days early3 of 6 deeds summarised
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 6.74, cash €44,640, halvedEquity €145,567 (0.7% of total assets)lowers riskSize: turnover €2,470, total assets €19.8mFounded in 1995Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (all companies)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 26-3
equity 0.7% of total assets
Liquidity 50+45
short-term debt 4.7% · cash 0.2%
Profitability 57+7
return on assets -0.9%
Bankruptcy probability, 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 0.2% (14 companies, NACE 08, medium-sized)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 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%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025highest value 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.1%▼ -0.1 percentage points 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
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.74, compared with 0.29 in 2024, above the usual 1.5; short-term debt: 4.7% and cash: 0.2% of total assets), but 99.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 11% on solvency, 67% on liquidity, 42% on profitability and 7% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €2,470, total assets €19.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 6.74, cash €44,640, halved
NBB · annual accounts
raises risk · Equity €145,567 (0.7% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 80 sector peers (2025).
NBB · sector comparison
Position among 80 sector peers
Solvency
better than 6%
← weakest strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
22 days early
2023
33 days early
2022
38 days early
2021
3 days early
2020
24 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 08) for financial year 2024 is 21 days before the deadline, and 30% 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 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€176,390
  3. Liquidity more than 22 timescurrent ratio 6.74

Key points

  • Caution: From profit to loss in 2025after €8,854 in 2024 -€176,390 View
  • Caution: Among the weakest 6% on solvencysector median 51.1% · 80 companies 0.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by GOVAERTS HOLDINGultimately: Walevian 100% View

By topic

Financials

Financial year
2025
Turnover
€2,470
Loss
-€176,390
Solvency
0.7%
Turnover
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
GOVAERTS HOLDING · 100%
  • LARSADirector
  • UNO InvestDirector
Go to Board & ownership

Timeline

Events
37
Since
1996
Next accounts
by 31-07-2027
  1. 09-07-2025Annual accounts filed
  2. 07-01-2025Resignations: Maxime Monard (director) and Wouter Uten…
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other mining and quarryingNACE 08910
Founded
28-04-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Annual meeting
Second Tuesday of June at 17:00
Purpose
“Alle roerende en onroerende verhandelingen, namelijk het aankopen, verkopen, verkavelen…” (deed in Dutch)
Go to Articles of association

Key facts about GOVAERTS INDUSTRIES

What is the company number of GOVAERTS INDUSTRIES?
0455.134.985. In Belgium the VAT number is the company number with BE in front: BE 0455.134.985.
Where is GOVAERTS INDUSTRIES based?
The registered office is at Kolmenstraat 1321, 3570 Alken.Company details
What does GOVAERTS INDUSTRIES do?
According to the KBO register, the main activity is other mining and quarrying (NACE 08910).
What is the legal form of GOVAERTS INDUSTRIES?
Public limited company (NV).
When was GOVAERTS INDUSTRIES founded?
On 28-04-1995.
Is GOVAERTS INDUSTRIES still active?
Yes, GOVAERTS INDUSTRIES is an active enterprise in the KBO register.
What is the turnover of GOVAERTS INDUSTRIES?
€2,470 in financial year 2025, according to the filed annual accounts.Financials
Is GOVAERTS INDUSTRIES profitable?
In financial year 2025, GOVAERTS INDUSTRIES made a loss of €176,390.
Where can I find the annual accounts of GOVAERTS INDUSTRIES?
GOVAERTS INDUSTRIES filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GOVAERTS INDUSTRIES due?
By 31-07-2027, for financial year 2026.Timeline

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