What does Covameat do?

Covameat is a food producer in Heuvelland. Public Limited, started on 16 June 1969, 1 establishment.

What is the address of Covameat?

The registered office of Covameat is located at Komenstraat(Wijtsch) 73, 8953 Heuvelland.

Is Covameat still active?

Yes. According to the CBE (29 October 2026) Covameat is active, legal situation “Normale toestand”, started on 16 June 1969.

Is Covameat registered on Peppol?

Yes, Covameat is registered on the Peppol network with ID 0208:0406969141.

What is the enterprise number of Covameat?

The enterprise number of Covameat is BE0406969141.

When was Covameat founded?

Covameat was founded on 16 June 1969.

Who are the directors of Covameat?

According to the 2025 annual accounts, the directors of Covameat are: MEGUSTO BV, Piet CLAEYS, WESTVLEES GROUP NV, Jos CLAEYS.

Is Covameat a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 June 1969; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Covameat make in 2025?

Covameat posted a profit after taxes of € 5,873,155 in financial year 2025.

What is the revenue of Covameat?

In its most recent annual accounts (2025), Covameat reported revenue of € 179,148,134.

How much does an employee at Covameat earn?

The average wage cost per full-time employee at Covameat was € 55,200 in 2025: staff costs of € 8.5 million for 153.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Covameat have?

According to the 2025 annual accounts, Covameat has 153.2 full-time equivalents (FTE).

Does Covameat have a website?

Yes, Covameat has a website at covameat.be.

Covameat (Public Limited) - Heuvelland - BE0406969141

Dossier Covameat, printed on 29 October 2026 from databakkes.be/en/0406969141/covameat. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Covameat from Heuvelland, company number BE0406969141, closed financial year 2025 with a result of € 5.9 million after tax. For that financial year Covameat recorded revenue of € 179.1 million and equity of € 20.7 million. Compared with financial year 2024, the result moved from € 3.8 million to € 5.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.

What it is worth Growing

€ 20.7 million

▲ 28% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 5.9 million

▲ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 500,094

▲ € 497,108 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.3 million paid out

22 % of the profit went to the shareholders, mostly to BELGIAN PORK GROUP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

153.2

▲ 5.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 12.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 8.5 million

▲ 16% vs 2024

€ 55,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 31,443

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 11 million

▲ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.

Taxes and wages

€ 1.7 million

▲ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 151,164,960 Revenue 2022: € 151,164,960 First fiscal year in the series	€ 176,468,918 Revenue 2023: € 176,468,918 ▲ 17% vs 2022 (€ 151,164,960) Favourable step	€ 164,709,528 Revenue 2024: € 164,709,528 ▼ 7% vs 2023 (€ 176,468,918) Unfavourable step	€ 179,148,134 Revenue 2025: € 179,148,134 ▲ 9% vs 2024 (€ 164,709,528) Favourable step	▲ 9%
Profit after taxes	€ 1,707,210 Profit after taxes 2022: € 1,707,210 First fiscal year in the series	€ 3,583,228 Profit after taxes 2023: € 3,583,228 ▲ 110% vs 2022 (€ 1,707,210) Favourable step	€ 3,754,947 Profit after taxes 2024: € 3,754,947 ▲ 5% vs 2023 (€ 3,583,228) Favourable step	€ 5,873,155 Profit after taxes 2025: € 5,873,155 ▲ 56% vs 2024 (€ 3,754,947) Favourable step	▲ 56%
Equity	€ 20,587,541 Equity 2022: € 20,587,541 First fiscal year in the series	€ 24,146,118 Equity 2023: € 24,146,118 ▲ 17% vs 2022 (€ 20,587,541) Favourable step	€ 16,196,025 Equity 2024: € 16,196,025 ▼ 33% vs 2023 (€ 24,146,118) Unfavourable step	€ 20,739,775 Equity 2025: € 20,739,775 ▲ 28% vs 2024 (€ 16,196,025) Favourable step	▲ 28%
Total debts	€ 11,456,997 Total debts 2022: € 11,456,997 First fiscal year in the series	€ 9,669,485 Total debts 2023: € 9,669,485 ▼ 16% vs 2022 (€ 11,456,997) Favourable step	€ 16,814,223 Total debts 2024: € 16,814,223 ▲ 74% vs 2023 (€ 9,669,485) Unfavourable step	€ 14,385,257 Total debts 2025: € 14,385,257 ▼ 14% vs 2024 (€ 16,814,223) Favourable step	▼ 14%
Cash	€ 34,558 Cash 2022: € 34,558 First fiscal year in the series	€ 135 Cash 2023: € 135 ▼ € 34,423 vs 2022 (€ 34,558) Unfavourable step	€ 2,986 Cash 2024: € 2,986 ▲ € 2,852 vs 2023 (€ 135) Favourable step	€ 500,094 Cash 2025: € 500,094 ▲ € 497,108 vs 2024 (€ 2,986) Favourable step	▲ € 497,108
Land & buildings	€ 6,027,703 Land & buildings 2022: € 6,027,703 First fiscal year in the series	€ 5,814,721 Land & buildings 2023: € 5,814,721 ▼ 4% vs 2022 (€ 6,027,703) Unchanged	€ 5,536,050 Land & buildings 2024: € 5,536,050 ▼ 5% vs 2023 (€ 5,814,721) Unchanged	€ 5,115,583 Land & buildings 2025: € 5,115,583 ▼ 8% vs 2024 (€ 5,536,050) Unchanged	▼ 8%
Retained profit	€ 18,033,927 Retained profit 2022: € 18,033,927 First fiscal year in the series	€ 21,599,886 Retained profit 2023: € 21,599,886 ▲ 20% vs 2022 (€ 18,033,927) Favourable step	€ 13,656,493 Retained profit 2024: € 13,656,493 ▼ 37% vs 2023 (€ 21,599,886) Unfavourable step	€ 18,206,908 Retained profit 2025: € 18,206,908 ▲ 33% vs 2024 (€ 13,656,493) Favourable step	▲ 33%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 11,679,711 Dividend 2024: € 11,679,711 Unchanged (€ 0) Unchanged	€ 1,300,000 Dividend 2025: € 1,300,000 ▼ 89% vs 2024 (€ 11,679,711) Unchanged	▼ 89%
Balance sheet total	€ 32,051,799 Balance sheet total 2022: € 32,051,799 First fiscal year in the series	€ 33,832,624 Balance sheet total 2023: € 33,832,624 ▲ 6% vs 2022 (€ 32,051,799) Unchanged	€ 33,020,821 Balance sheet total 2024: € 33,020,821 ▼ 2% vs 2023 (€ 33,832,624) Unchanged	€ 35,199,021 Balance sheet total 2025: € 35,199,021 ▲ 7% vs 2024 (€ 33,020,821) Unchanged	▲ 7%
Employees (FTE)	139.9 Employees (FTE) 2022: 139.9 First fiscal year in the series	145.7 Employees (FTE) 2023: 145.7 ▲ 5.8 vs 2022 (139.9) Unchanged	147.7 Employees (FTE) 2024: 147.7 ▲ 2 vs 2023 (145.7) Unchanged	153.2 Employees (FTE) 2025: 153.2 ▲ 5.5 vs 2024 (147.7) Unchanged	▲ 5.5

Key figures of Covameat, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Covameat?

What happened at Covameat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 MEGUSTO BV stepped down as director. NBB
2027 Piet CLAEYS stepped down as director. NBB
2027 WESTVLEES GROUP NV stepped down as director. NBB
2027 Jos CLAEYS stepped down as director. NBB
Aug 21, 2026 New annual accounts for financial year 2025: profit of € 5.9 million (▲ 56% vs 2024). filed late Source: NBB ↗
2022 MEGUSTO BV became a director. NBB
2021 Piet CLAEYS became a director. NBB
2021 WESTVLEES GROUP NV became a director. NBB

In short

From € 1.7 million profit in 2022 to € 5.9 million profit in 2025.

Paid € 5 million in corporate taxes since 2022.

Best year ever: 2025, with € 5.9 million profit.

Paid out € 13 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

BELGIAN PORK GROUP 100%

The stake of BELGIAN PORK GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Covameat

The shares are held by BELGIAN PORK GROUP (100%).

Directors

According to the 2025 annual accounts

MEGUSTO BV

Director · represented by Pieter-Jan MEERSCHMAN

since 2022 · until 2027

Piet CLAEYS

Director

Also active at: Comeco, CARNITRANS, WESTVLEES, WESTVLEES GROUP, Benedikt D'hulster

since 2021 · until 2027

WESTVLEES GROUP NV

Chairman of the board · represented by Danny DEMAN

Also active at: Comeco

since 2021 · until 2027

Jos CLAEYS

Managing director

Also active at: Comeco, LAVAMEAT, Locks, CARNITRANS, LOVENFOSSE, WESTVLEES, WESTVLEES GROUP, Benedikt D'hulster +2 more

since 2021 · until 2027

Shareholders

BELGIAN PORK GROUP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Komenstraat(Wijtsch) 73

8953 Heuvelland

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS covameat.be

Canonical: https://www.covameat.be/nl

Technologies

AWS S3AddToAnyApacheDrupalGoogle AnalyticsjsDelivr

Certifications & Partners

BRC

Hosting & Email

Email provider

Microsoft 365

Hosting

AS-UNIXSOLUTIONS Unix-Solutions Network, BE

Website info

HTTPS Ja

Languages EN, FR, NL

Features

Jobs Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0406.969.141

VAT number

BE 0406.969.141

Registered office

Komenstraat(Wijtsch) 73, 8953 Heuvelland

Names & denominations

Covameat

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 June 1969

Peppol

Active · Active since 29 Sept 2025

Contact

covameat.be

Activities · NACE

Activiteiten van slachthuizen

Productie van vers vlees

Verwerking en conservering van vlees, exclusief vlees van gevogelte

Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild

Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

View on CBE Public ↗ Annual accounts (NBB) ↗

Covameat

Financials

What happened to Covameat?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions