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GOVERS C.

Active Public limited companyfounded 1993active for 33 yearsHazeschransstraat 30, 2650 EdegemKBO/BCE: BE 0449.870.954

Lifetime

14 annual accounts with figures on one time axis, 30 filings since 1994
peak €112,324 (2011)
€63,517▼ 13.8%
lowest -€236,600 (2018)
€18,905▼ 29.4%
peak €307,615 (2016)
€174,914▲ 12.1%
€234,926▼ 16.5%
peak 2.5 FTE (2010)
-not published
Board3 names since 2020
1 director
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from €73,726 to €63,517Result from €26,761 to €18,905Equity from €156,009 to €174,914Debts from €281,457 to €234,926Cash from €48,418 to €15,119

Key points

from the 2024 annual accounts

Equity

€174,914 from €307,615 in 2016

Equity fell by 43% in 8 years.

Staff

1 employees on 31-12-2024
7575202173732022959620231271262024

In 2024, 127 short contracts started and 126 ended, on average 9 hours worked per contract. Staff averaged 0.6 full-time equivalents.

Filings

30 annual accounts 104 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as GOVERS C. has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

Test of the method

The method was tested on the 497,331 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 17,035 companies, not a prediction for GOVERS C.. 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

Managing director

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0449870954
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 17-02-2023 · Gazette deed
1 director appointed, 2 reappointments Reappointments: and · Appointment: (managing director) · General meeting of 21-07-2020 · Gazette deed
First establishment Hazeschransstraat 30, Edegem
All 38 events

Comparable companies

same main activity, similar in size and age
Company
GOVERS C. Edegem €409,840 €63,517 42.7% -
NOUVELLE LIBRAIRIE SIRAULTOISE Saint-Ghislain €404,092 €64,573 38.4% -
ATLAS & ZANZIBAR Ghent €368,546 €61,822 37.8% 1.3
COGETRA Waterloo €435,677 €71,445 -20.8% 1.6
A.N.C. MAISON LATOUR Chaudfontaine €352,484 €63,998 15.4% -
'T BOLKSKE Vosselaar €354,063 €57,917 82.0% -
MILO PRESS Mol €340,371 €63,656 76.4% 0.4

These companies have the same main activity as GOVERS C.: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €340,000 and €436,000, founded between 1989 and 2001.

Official details

Source: KBO
Status
Active since 08-04-1993Normal situation
Activity
Retail sale of newspapers and periodicalsNACE 47621
Joint committees
100Auxiliary committee for blue-collar workers
201Independent retail · annual accounts 2024
Establishment unit
2.061.878.9162650 Edegem, since 29-04-1993
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2024

≈ €380,000estimated
€409,840▼ 6.3%
Employeeson 31-12-2024
1
Filing
Filed on 30-09-2025
Financials

Insights on GOVERS C.

GOVERS C. files the micro format. That format states no turnover. The gross margin fell from €106,754 in 2010 to €63,517 in 2024.

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 GOVERS C.

What is the company number of GOVERS C.?
The company number of GOVERS C. is 0449.870.954. The VAT number is the same number with BE in front: BE 0449.870.954.
Where is GOVERS C. based?
The registered office is at Hazeschransstraat 30, 2650 Edegem.Company details
What does GOVERS C. do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of GOVERS C.?
GOVERS C. is a public limited company (NV).
When was GOVERS C. founded?
GOVERS C. was founded on 08-04-1993.
Is GOVERS C. still active?
Yes, GOVERS C. is an active enterprise in the KBO register.
How many employees does GOVERS C. have?
GOVERS C. had an average of 0.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does GOVERS C. fall under?
In its 2024 annual accounts, GOVERS C. states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
What is the turnover of GOVERS C.?
The turnover in financial year 2024 is ≈ €380,000. This figure is estimated from the gross margin of €63,517 and 32 comparable companies (NACE 476). It probably lies between €180,000 and €640,000.
Is GOVERS C. profitable?
In financial year 2024, GOVERS C. made a profit of €18,905.
Where can I find the annual accounts of GOVERS C.?
GOVERS C. filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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