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KOVAR

Active Private limited companyfounded 2015active for 11 yearsKoningsstraat 17, 2381 RavelsKBO/BCE: BE 0632.741.094
KOVAR
Financial year 2025
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Annual accounts 2025

micro format, filed on 06-07-2026, 25 days before the deadline
-€1,058
▼ €27,630
-€62,343
▼ €37,100
-€87,182
▼ €43,883
-€517,295
▼ €171,411
-3.3%
▼ 7.5 percentage points
0.10
▼ 0.05

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €1.2m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-3.3%

Higher than 17% of 4,032 companies in 2025.

0.10

Higher than 5% of 3,949 companies in 2025.

-7.5%

Higher than 15% of 3,983 companies in 2025.

KOVAR Middle half of the sector 80% of the sector Micro accounts in crop and animal production (NACE 01)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 1.2m1.2m1.1m966,539990,840675,032533,209476,971467,913466,462
21/28 1.1m1.1m977,551886,385825,753581,774439,231406,628443,972444,851
21 1,5052,6173,7294,842-05,36016,08126,80237,523
22/27 1.1m1.1m973,821881,544825,753581,774433,871390,547417,170407,328
22 831,752836,093743,890743,939706,030493,779411,836357,494357,821376,770
23 268,649250,115229,723137,260119,24376,361--15,27930,558
24 07320934448011,63322,03533,05344,070-
29/58 59,17964,26073,56480,153165,08893,25993,97870,34223,94121,610
3 ---09,75041,674----
30/36 ---09,75041,674----
40/41 12,79456,26871,67471,37130,49444,24241,27752,78919,1108,880
40 2,06744,31762,75664,34123,28790010,26251,34010,4975,220
41 10,72811,9518,9187,0307,20743,34231,0151,4498,6123,661
50/53 -------4,9062,986-
54/58 44,8107,992317,92013,7025,86551,89912,6481,84512,730
490/1 1,57501,860863111,1421,478801---
Balance sheet: equity and liabilities
10/49 1.2m1.2m1.1m966,539990,840675,032533,209476,971467,913466,462
10/15 -37,80749,37592,674106,358102,47216,35745,40673,30661,15355,784
10/11 50,00050,00050,00050,00050,00050,00050,00050,00050,00050,000
100 ------50,00050,00050,00050,000
13 23,30623,30623,30623,30623,30623,30623,30623,30611,1535,784
130/1 -----0----
130 ------5,0005,0005,0005,000
1311 -----0----
133 23,30623,30623,30623,30623,30623,30618,30618,3066,153784
14 -111,113-23,93119,36833,05229,166-56,949-27,900---
17/49 1.2m1.1m958,442860,180888,369658,676487,803403,665406,760410,678
17 622,418693,641719,542709,558686,289552,984402,254328,012354,971366,950
170/4 622,418693,641719,542709,558686,289552,984402,254328,012354,971366,950
42/48 576,474410,143236,475150,623202,080105,69285,24975,65351,78943,728
42 71,22270,37465,54356,73155,93734,89734,13626,95926,36823,213
44 125,533152,30334,94256,548114,16967,63246,70533,90014,27216,498
440/4 125,533152,30334,94256,548114,16967,63246,70533,90014,27216,498
46 4710,000--------
45 2733063282042,30504,4087,3505,2242,282
450/3 2733063282042,30504,4087,3505,2242,282
47/48 379,399177,161135,66237,13929,6693,163-7,4445,9251,734
492/3 -02,425--0300---
Income statement
9900 -1,05826,57245,72640,225137,19422,40529,34290,88885,801165,365
630 53,92845,92241,61418,35828,83435,73242,70858,99055,967133,949
640/8 7,3575,8934,1493,7695,5411,7075,8497,1234,2716,991
9901 -62,343-25,243-3718,099102,819-15,035-19,21524,77525,56324,425
75/76B 3012100123----
75 3012100123----
65/66B 24,56917,80913,43514,03816,14814,1378,6858,21417,25216,359
65 24,56917,80913,43514,03816,14814,1378,6858,21417,25216,359
9903 -86,909-43,052-13,4604,07186,671-29,049-27,90016,5618,3118,066
67/77 273247225185556--4,4082,9422,282
9904 -87,182-43,299-13,6853,88686,115-29,049-27,90012,1535,3695,784
9905 -87,182-43,299-13,6853,88686,115-29,049-27,90012,1535,3695,784
Appropriation of the result
9906 -111,113-23,93119,36833,05229,166-56,949-27,90012,1535,3695,784
14P -23,93119,36833,05229,166-56,949-----
691/2 -------12,1535,3695,784
6920 ---------5,000
6921 -------12,1535,369784
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 06-07-2026 2026-00256765 PDF
31-12-2024 micro format 23-09-2025 2025-00501521 PDF
31-12-2023 micro format 25-10-2024 2024-00515149 PDF
31-12-2022 micro format 18-06-2023 2023-00145403 PDF
31-12-2021 micro format 17-06-2022 2022-20074779 PDF
31-12-2020 micro format 14-06-2021 2021-19500508 PDF
31-12-2019 micro format 12-06-2020 2020-16400241 PDF
31-12-2018 micro format 26-06-2019 2019-22900504 PDF
31-12-2017 micro format 25-06-2018 2018-22700215 PDF
31-12-2016 abbreviated format 22-06-2017 2017-20700406 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €29,938 awarded, €29,938 paid

Investeringssteun voor land- en tuinbouwers
€29,938

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
-8,41520,67941,57736,457131,65320,69823,49383,76581,530158,374
-33,2532,62327,92922,245114,9496,68314,80771,14461,336139,732
66,935157,269132,78078,991272,813178,27475,31121,64655,088578,800
36,8187,962-7,889-5,7837,837-46,03439,25110,803-10,885-
-517,295-345,883-162,911-70,469-36,992-12,4338,728-5,310-27,849-22,117
-3.3%4.3%8.8%11.0%10.3%2.4%8.5%15.4%13.1%12.0%
0.100.160.310.530.820.881.100.930.460.49
0.100.160.310.530.770.491.100.930.460.49
-22.3610.348.098.6740.2710.745.516.657.36
--87.7%-14.8%3.7%84.0%-177.6%-61.4%16.6%8.8%10.4%
-7.5%-3.8%-1.3%0.4%8.7%-4.3%-5.2%2.5%1.1%1.2%
-0.341.163.092.608.15-----

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€66,935€157,269€132,780€73,430€272,813
Intangible fixed assets---€5,561-
€53,928€45,922€41,614€18,358€28,834

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on KOVAR

The operating result for 2025 is a loss of €62,343, larger than the loss of €25,243 in 2024. It is the lowest result since 2016.

Equity is negative. Debt (€1.2m) exceeds the balance-sheet total (€1.2m).

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

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