COVER is a painting contractor in Mechelen. Private Limited, started on 4 March 1975, 1 establishment.

What is the address of COVER?

The registered office of COVER is located at Juniorslaan(LST) 17 box B, 2811 Mechelen.

Is COVER still active?

Yes. According to the CBE (29 October 2026) COVER is active, legal situation “Normale toestand”, started on 4 March 1975.

Is COVER registered on Peppol?

Yes, COVER is registered on the Peppol network with ID 0208:0415051716.

What is the enterprise number of COVER?

The enterprise number of COVER is BE0415051716.

When was COVER founded?

COVER was founded on 4 March 1975.

Who are the directors of COVER?

According to the 2025 annual accounts, the directors of COVER are: Adimco BV, Koen Waumans, Luc Verbruggen.

Is COVER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 March 1975; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did COVER make in 2025?

COVER posted a profit after taxes of € 132,125 in financial year 2025.

What is the revenue of COVER?

As a small company, COVER is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 882,340.

How much does an employee at COVER earn?

The average wage cost per full-time employee at COVER was € 47,500 in 2025: staff costs of € 688,107 for 14.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COVER have?

According to the 2025 annual accounts, COVER has 14.5 full-time equivalents (FTE).

COVER (Private Limited) - Mechelen - BE0415051716

Dossier COVER, printed on 29 October 2026 from databakkes.be/en/0415051716/cover. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

COVER from Mechelen, company number BE0415051716, closed financial year 2025 with a result of € 132,125 after tax. For that financial year COVER recorded a gross margin of € 882,340 and equity of € 478,157. Compared with financial year 2024, the result moved from € 148,334 to € 132,125. 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 January 6, 2026.

What it is worth Growing

€ 478,157

▲ 21% vs 2024

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

Profit Healthy

€ 132,125

▼ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 263,026

▼ 22% vs 2024

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

Where the profit goes Pays out

€ 50,000 paid out

38 % of the profit went to the shareholders, mostly to ADIMCO SERVICES (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

14.5

▲ 0.3 vs 2024

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

Wage cost

€ 688,107

▲ 25% vs 2024

€ 47,500 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

€ 9,134

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 25,000

▼ 17% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 32,497

▼ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 36,742

▼ 30% 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
Gross margin	€ 563,761 Gross margin 2022: € 563,761 First fiscal year in the series	€ 625,915 Gross margin 2023: € 625,915 ▲ 11% vs 2022 (€ 563,761) Favourable step	€ 731,715 Gross margin 2024: € 731,715 ▲ 17% vs 2023 (€ 625,915) Favourable step	€ 882,340 Gross margin 2025: € 882,340 ▲ 21% vs 2024 (€ 731,715) Favourable step	▲ 21%
Profit after taxes	€ 30,764 Profit after taxes 2022: € 30,764 First fiscal year in the series	€ 57,572 Profit after taxes 2023: € 57,572 ▲ 87% vs 2022 (€ 30,764) Favourable step	€ 148,334 Profit after taxes 2024: € 148,334 ▲ 158% vs 2023 (€ 57,572) Favourable step	€ 132,125 Profit after taxes 2025: € 132,125 ▼ 11% vs 2024 (€ 148,334) Unfavourable step	▼ 11%
Equity	€ 220,126 Equity 2022: € 220,126 First fiscal year in the series	€ 247,698 Equity 2023: € 247,698 ▲ 13% vs 2022 (€ 220,126) Favourable step	€ 396,032 Equity 2024: € 396,032 ▲ 60% vs 2023 (€ 247,698) Favourable step	€ 478,157 Equity 2025: € 478,157 ▲ 21% vs 2024 (€ 396,032) Favourable step	▲ 21%
Total debts	€ 256,293 Total debts 2022: € 256,293 First fiscal year in the series	€ 158,863 Total debts 2023: € 158,863 ▼ 38% vs 2022 (€ 256,293) Favourable step	€ 154,565 Total debts 2024: € 154,565 ▼ 3% vs 2023 (€ 158,863) Favourable step	€ 145,027 Total debts 2025: € 145,027 ▼ 6% vs 2024 (€ 154,565) Favourable step	▼ 6%
Cash	€ 177,192 Cash 2022: € 177,192 First fiscal year in the series	€ 124,338 Cash 2023: € 124,338 ▼ 30% vs 2022 (€ 177,192) Unfavourable step	€ 339,095 Cash 2024: € 339,095 ▲ 173% vs 2023 (€ 124,338) Favourable step	€ 263,026 Cash 2025: € 263,026 ▼ 22% vs 2024 (€ 339,095) Unfavourable step	▼ 22%
Retained profit	€ 201,534 Retained profit 2022: € 201,534 First fiscal year in the series	€ 229,106 Retained profit 2023: € 229,106 ▲ 14% vs 2022 (€ 201,534) Favourable step	€ 377,440 Retained profit 2024: € 377,440 ▲ 65% vs 2023 (€ 229,106) Favourable step	€ 459,565 Retained profit 2025: € 459,565 ▲ 22% vs 2024 (€ 377,440) Favourable step	▲ 22%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 30,000 Dividend 2023: € 30,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 30,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 Unchanged (€ 0) Unchanged
Bank debt	€ 89,080 Bank debt 2022: € 89,080 First fiscal year in the series	€ 10,000 Bank debt 2023: € 10,000 ▼ 89% vs 2022 (€ 89,080) Favourable step	€ 30,000 Bank debt 2024: € 30,000 ▲ 200% vs 2023 (€ 10,000) Unfavourable step	€ 25,000 Bank debt 2025: € 25,000 ▼ 17% vs 2024 (€ 30,000) Favourable step	▼ 17%
Balance sheet total	€ 476,419 Balance sheet total 2022: € 476,419 First fiscal year in the series	€ 406,561 Balance sheet total 2023: € 406,561 ▼ 15% vs 2022 (€ 476,419) Unchanged	€ 550,597 Balance sheet total 2024: € 550,597 ▲ 35% vs 2023 (€ 406,561) Unchanged	€ 623,184 Balance sheet total 2025: € 623,184 ▲ 13% vs 2024 (€ 550,597) Unchanged	▲ 13%
Employees (FTE)	17 Employees (FTE) 2022: 17 First fiscal year in the series	15.5 Employees (FTE) 2023: 15.5 ▼ 1.5 vs 2022 (17) Unchanged	14.2 Employees (FTE) 2024: 14.2 ▼ 1.3 vs 2023 (15.5) Unchanged	14.5 Employees (FTE) 2025: 14.5 ▲ 0.3 vs 2024 (14.2) Unchanged	▲ 0.3

Key figures of COVER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to COVER?

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

Jan 6, 2026 New annual accounts for financial year 2025: profit of € 132,125 (▼ 11% vs 2024). Source: NBB ↗
2015 Adimco BV became a director. NBB
Dec 4, 2002 New establishment in Mechelen. KBO
Mar 4, 1975 Start of the company according to the CBE. KBO

In short

From € 30,764 profit in 2022 to € 132,125 profit in 2025.

Paid € 85,369 in corporate taxes since 2022.

Best year ever: 2024, with € 148,334 profit.

On average € 60,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ADIMCO SERVICES 100%

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

COVER

Behind COVER are Adimco BV, Koen Waumans and Luc Verbruggen. The shares are held by ADIMCO SERVICES (100%).

Directors

According to the 2025 annual accounts

Adimco BV

Manager · represented by Luk Van Coppenolle

since 2015

Koen Waumans

Manager

Luc Verbruggen

Manager

Shareholders

ADIMCO SERVICES

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Juniorslaan(LST) 17 box B

2811 Mechelen

2.107.514.545

Juniorslaan(LST) 17 box b

2811 Mechelen

Active since 4 December 2002

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 →

Zeepbaron

€ 79,034 gross margin · 2025

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

Details

Company number

0415.051.716

VAT number

BE 0415.051.716

Registered office

Juniorslaan(LST) 17 bus B, 2811 Mechelen

Names & denominations

COVER

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 March 1975

Peppol

Active · Active since 12 Dec 2025

Activities · NACE

Schilderen van gebouwen

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

COVER

Financials

What happened to COVER?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions