Financials
Financial year 2025
COVA-INVEST from Brugge, company number BE0427433270, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year COVA-INVEST recorded a gross margin of € -37,816 and equity of € 47.5 million. Compared with financial year 2024, the result moved from € 2.1 million to € 2.1 million. 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 July 3, 2026.
€ 47.5 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
Profit after tax over the fiscal year.
€ 843,185
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
2 % of the profit went to the shareholders, mostly to DE DEN (86 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 747,284
▼ 3% 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.
€ 15,624
▲ 200% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,811
▲ € 2,499 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -140,121 | € -129,329 | € -64,214 | € -37,816 | ▲ € 26,399 |
| Profit after taxes | € -1,215,892 | € 2,078,423 | € 2,103,388 | € 2,102,009 | |
| Equity | € 41,218,670 | € 43,297,093 | € 45,400,482 | € 47,457,491 | ▲ 5% |
| Total debts | € 3,254,304 | € 3,323,477 | € 4,170,189 | € 4,946,229 | ▲ 19% |
| Cash | € 1,292,173 | € 917,010 | € 957,016 | € 843,185 | ▼ 12% |
| Land & buildings | € 4,313,078 | € 4,488,361 | € 4,278,316 | € 4,230,793 | ▼ 1% |
| Retained profit | € 26,282,362 | € 28,360,785 | € 30,464,174 | € 32,521,183 | ▲ 7% |
| Dividend | € 0 | € 0 | € 0 | € 45,000 | |
| Balance sheet total | € 44,472,974 | € 46,620,571 | € 49,570,670 | € 52,403,719 | ▲ 6% |
Key figures of COVA-INVEST, 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 COVA-INVEST?
What happened at COVA-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Daisy Cordier stepped down as director. NBB
- Carmen Cordier stepped down as director. NBB
- Paul Cordier stepped down as director. NBB
- Paula Vancoppenolle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.1 million. Source: NBB ↗
- Daisy Cordier became a director. NBB
- Carmen Cordier became a director. NBB
- Paula Vancoppenolle became a director. NBB
In short
From € 1.2 million loss in 2022 to € 2.1 million profit in 2025.
Paid € 723,856 in corporate taxes since 2022.
Best year ever: 2024, with € 2.1 million profit.
Paid out € 45,000 in dividends to the owners in total.
Management
The stake of DE DEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVA-INVESTThe shares are held by DE DEN (86.3%). It owns 100% of Art itself.
Directors
According to the 2025 annual accounts
Shareholders
86.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Langerei 4-5-6
8000 Brugge
Langerei 4 5 box 6
8000 Brugge
Active since 9 November 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0427.433.270
- VAT number
- BE 0427.433.270
- Registered office
- Langerei 4-5-6, 8000 Brugge
- Names & denominations
- COVA-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1985
- Peppol
- Active · Active since 22 Aug 2025
- Activities · NACE
Activiteiten van holdings
Holdings