HOVAERE NICO
ActiveSummary
HOVAERE NICO has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,128 and a net result of -€3,141. Equity has been growing by about 4% per year since 2018. Its solvency ranks better than 93% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-06-2001 Normal situation
- Activity
- Other retail sale of food NACE 47279and 5 others
- Establishment unit
- 2.131.397.925 8790 Waregem, since 10-08-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €14,769
- ▲ 385%
- Turnover
- ≈ €240,000
- estimated
- Loss
- €3,141
- ▼ 57.1%
- Equity
- €205,128
- ▼ 1.5%
- Total assets
- €234,648
- ▼ 2.9%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 5.06, cash €138,093Equity €205,128 (87.4% of total assets)Founded in 2001Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 92% of them on solvency, 96% on liquidity, 47% on profitability and 36% 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
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: HOVAERE Nico Ignace (statutory director) and VANDENDRIESSCHE Sybille Germaine (opvolgend statutair bestuurder)Resignation: Hovaere Thibault (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as HOVAERE NICO: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €144,000 and €337,000, founded between 1995 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| HOVAERE NICO Waregem | €234,648 | €14,769 |
| PACALY Olne | €271,713 | €20,292 |
| THE TASTE COMPANY Izegem | €255,442 | €32,288 |
| Nutri-Ethic Enghien | €337,135 | €11,034 |
| AU SOLEIL D'ITALIE Charleroi | €143,733 | €17,524 |
| EUROGRAINS Brussel | €186,043 | €28,919 |
| SPLINTEX Sint-Niklaas | €176,840 | €8,381 |
Key facts about HOVAERE NICO
- What is the company number of HOVAERE NICO?
- The company number of HOVAERE NICO is 0475.025.430. The VAT number is the same number with BE in front: BE 0475.025.430.
- Where is HOVAERE NICO based?
- The registered office is at Gareelstraat 4, 8790 Waregem.Company details
- What does HOVAERE NICO do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of HOVAERE NICO?
- The legal form of HOVAERE NICO is Private limited company (BV).
- When was HOVAERE NICO founded?
- HOVAERE NICO was founded on 19-06-2001.
- Is HOVAERE NICO still active?
- Yes, HOVAERE NICO is an active enterprise in the KBO register.
- How many employees does HOVAERE NICO have?
- HOVAERE NICO had an average of 0.2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of HOVAERE NICO?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €14,769 and 94 comparable companies (NACE 472). It probably lies between €120,000 and €520,000. It is a rough estimate.
- Is HOVAERE NICO profitable?
- In financial year 2025, HOVAERE NICO made a loss of €3,141.
- Where can I find the annual accounts of HOVAERE NICO?
- HOVAERE NICO filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOVAERE NICO due?
- HOVAERE NICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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