Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 53.9 to 47.
Financials
Financial year 2025
Bouwonderneming Covemaeker from Diksmuide, company number BE0413224849, closed financial year 2025 with a result of € 223,731 after tax. For that financial year Bouwonderneming Covemaeker recorded revenue of € 10.3 million and equity of € 13.4 million. Compared with financial year 2024, the result moved from € 427,496 to € 223,731. The company is profitable. 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 June 2, 2026.
€ 13.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223,731
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 782,130
▲ 205% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.2 million.
People and assets in 2025
47
▼ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▼ 4% vs 2024
€ 64,200 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.
€ 239,664
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 313,894
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
€ 458,660
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,873,527 | € 12,402,270 | € 8,802,173 | € 10,283,829 | ▲ 17% |
| Profit after taxes | € 550,315 | € 84,643 | € 427,496 | € 223,731 | ▼ 48% |
| Equity | € 12,657,975 | € 12,742,618 | € 13,170,114 | € 13,393,845 | ▲ 2% |
| Total debts | € 871,591 | € 1,195,283 | € 580,377 | € 945,315 | ▲ 63% |
| Cash | € 1,694,430 | € 2,663,680 | € 256,513 | € 782,130 | ▲ 205% |
| Land & buildings | € 627,913 | € 725,094 | € 725,490 | € 688,819 | ▼ 5% |
| Retained profit | € 12,427,707 | € 12,512,350 | € 12,939,846 | € 13,163,577 | ▲ 2% |
| Balance sheet total | € 13,578,338 | € 14,025,388 | € 13,802,530 | € 14,405,748 | ▲ 4% |
| Employees (FTE) | 55 | 53.9 | 51.1 | 47 | ▼ 4.1 |
Key figures of Bouwonderneming Covemaeker, 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 Bouwonderneming Covemaeker?
What happened at Bouwonderneming Covemaeker in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 223,731 (▼ 48% vs 2024). Source: NBB ↗
- Marian Crevits stepped down as director. NBB
- Steven Covemaeker stepped down as director. NBB
- Marian Crevits became a director. NBB
- Steven Covemaeker became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Diksmuide. KBO
In short
From € 550,315 profit in 2022 to € 223,731 profit in 2025.
Paid € 452,449 in corporate taxes since 2022.
Best year ever: 2022, with € 550,315 profit.
Pays suppliers within 13 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of THOVIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bouwonderneming CovemaekerThe shares are held by THOVIN (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleine Dries(D) 12
8600 Diksmuide
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0413.224.849
- VAT number
- BE 0413.224.849
- Registered office
- Kleine Dries(D) 12, 8600 Diksmuide
- Names & denominations
- Bouwonderneming Covemaeker
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1973
- Peppol
- Active · Active since 7 Nov 2025
- Contact
- covemaeker.be
- Activities · NACE
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