What does COVETRUS do?

COVETRUS is registered with the CBE as active in: Groothandel in farmaceutische producten. Public Limited, started on 21 May 1986, 1 establishment.

What is the address of COVETRUS?

The registered office of COVETRUS is located at Industrieweg 135 box 1, 3583 Beringen.

Is COVETRUS still active?

Yes. According to the CBE (30 October 2026) COVETRUS is active, legal situation “Normale toestand”, started on 21 May 1986.

Is COVETRUS registered on Peppol?

Yes, COVETRUS is registered on the Peppol network with ID 0208:0429026446.

What is the enterprise number of COVETRUS?

The enterprise number of COVETRUS is BE0429026446.

When was COVETRUS founded?

COVETRUS was founded on 21 May 1986.

Who are the directors of COVETRUS?

According to the 2025 annual accounts, the directors of COVETRUS are: COVETRUS HOLDING NV, Graham Rhodes.

Is COVETRUS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 May 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did COVETRUS make in 2025?

COVETRUS posted a profit after taxes of € 2,671,630 in financial year 2025.

What is the revenue of COVETRUS?

In its most recent annual accounts (2025), COVETRUS reported revenue of € 165,822,057.

How much does an employee at COVETRUS earn?

The average wage cost per full-time employee at COVETRUS was € 74,900 in 2025: staff costs of € 5.5 million for 73.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COVETRUS have?

According to the 2025 annual accounts, COVETRUS has 73.5 full-time equivalents (FTE).

Does COVETRUS have a website?

Yes, COVETRUS has a website at covetrus.be.

COVETRUS (Public Limited) - Beringen - BE0429026446

Dossier COVETRUS, printed on 30 October 2026 from databakkes.be/en/0429026446/covetrus. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

COVETRUS from Beringen, company number BE0429026446, closed financial year 2025 with a result of € 2.7 million after tax. For that financial year COVETRUS recorded revenue of € 165.8 million and equity of € 21.1 million. Compared with financial year 2024, the result moved from € 2 million to € 2.7 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 July 13, 2026.

What it is worth Growing

€ 21.1 million

▲ 14% vs 2024

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

Profit Growing

€ 2.7 million

▲ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7.3 million

▲ € 6.8 million vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 20.6 million.

People and assets in 2025

Full-time equivalents

73.5

▲ 6.4 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: € 12.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.5 million

▲ 12% vs 2024

€ 74,900 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

€ 133,180

▼ 1% 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

€ 13.9 million

▲ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.

Taxes and wages

€ 1.5 million

▲ 83% 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	€ 130,978,446 Revenue 2022: € 130,978,446 First fiscal year in the series	€ 143,564,045 Revenue 2023: € 143,564,045 ▲ 10% vs 2022 (€ 130,978,446) Favourable step	€ 158,816,332 Revenue 2024: € 158,816,332 ▲ 11% vs 2023 (€ 143,564,045) Favourable step	€ 165,822,057 Revenue 2025: € 165,822,057 ▲ 4% vs 2024 (€ 158,816,332) Favourable step	▲ 4%
Profit after taxes	€ 2,169,942 Profit after taxes 2022: € 2,169,942 First fiscal year in the series	€ 533,322 Profit after taxes 2023: € 533,322 ▼ 75% vs 2022 (€ 2,169,942) Unfavourable step	€ 2,006,432 Profit after taxes 2024: € 2,006,432 ▲ 276% vs 2023 (€ 533,322) Favourable step	€ 2,671,630 Profit after taxes 2025: € 2,671,630 ▲ 33% vs 2024 (€ 2,006,432) Favourable step	▲ 33%
Equity	€ 15,898,562 Equity 2022: € 15,898,562 First fiscal year in the series	€ 16,431,884 Equity 2023: € 16,431,884 ▲ 3% vs 2022 (€ 15,898,562) Favourable step	€ 18,438,316 Equity 2024: € 18,438,316 ▲ 12% vs 2023 (€ 16,431,884) Favourable step	€ 21,109,946 Equity 2025: € 21,109,946 ▲ 14% vs 2024 (€ 18,438,316) Favourable step	▲ 14%
Total debts	€ 15,670,953 Total debts 2022: € 15,670,953 First fiscal year in the series	€ 15,572,017 Total debts 2023: € 15,572,017 ▼ 1% vs 2022 (€ 15,670,953) Favourable step	€ 15,236,177 Total debts 2024: € 15,236,177 ▼ 2% vs 2023 (€ 15,572,017) Favourable step	€ 15,981,888 Total debts 2025: € 15,981,888 ▲ 5% vs 2024 (€ 15,236,177) Unfavourable step	▲ 5%
Cash	€ 293,797 Cash 2022: € 293,797 First fiscal year in the series	€ 2,580,797 Cash 2023: € 2,580,797 ▲ € 2.3 million vs 2022 (€ 293,797) Favourable step	€ 468,876 Cash 2024: € 468,876 ▼ 82% vs 2023 (€ 2,580,797) Unfavourable step	€ 7,310,434 Cash 2025: € 7,310,434 ▲ € 6.8 million vs 2024 (€ 468,876) Favourable step	▲ € 6.8 million
Land & buildings	€ 8,934 Land & buildings 2022: € 8,934 First fiscal year in the series	€ 8,934 Land & buildings 2023: € 8,934 Unchanged (€ 8,934) Unchanged	€ 8,934 Land & buildings 2024: € 8,934 Unchanged (€ 8,934) Unchanged	€ 8,934 Land & buildings 2025: € 8,934 Unchanged (€ 8,934) Unchanged
Retained profit	€ 15,428,562 Retained profit 2022: € 15,428,562 First fiscal year in the series	€ 15,961,884 Retained profit 2023: € 15,961,884 ▲ 3% vs 2022 (€ 15,428,562) Favourable step	€ 17,968,316 Retained profit 2024: € 17,968,316 ▲ 13% vs 2023 (€ 15,961,884) Favourable step	€ 20,639,946 Retained profit 2025: € 20,639,946 ▲ 15% vs 2024 (€ 17,968,316) Favourable step	▲ 15%
Bank debt	€ 5,920,225 Bank debt 2022: € 5,920,225 First fiscal year in the series	€ 8,538,486 Bank debt 2023: € 8,538,486 ▲ 44% vs 2022 (€ 5,920,225) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 8,538,486) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 31,569,515 Balance sheet total 2022: € 31,569,515 First fiscal year in the series	€ 32,003,901 Balance sheet total 2023: € 32,003,901 ▲ 1% vs 2022 (€ 31,569,515) Unchanged	€ 33,674,493 Balance sheet total 2024: € 33,674,493 ▲ 5% vs 2023 (€ 32,003,901) Unchanged	€ 37,091,834 Balance sheet total 2025: € 37,091,834 ▲ 10% vs 2024 (€ 33,674,493) Unchanged	▲ 10%
Employees (FTE)	67.6 Employees (FTE) 2022: 67.6 First fiscal year in the series	65.1 Employees (FTE) 2023: 65.1 ▼ 2.5 vs 2022 (67.6) Unchanged	67.1 Employees (FTE) 2024: 67.1 ▲ 2 vs 2023 (65.1) Unchanged	73.5 Employees (FTE) 2025: 73.5 ▲ 6.4 vs 2024 (67.1) Unchanged	▲ 6.4

Key figures of COVETRUS, 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 COVETRUS?

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

2027 COVETRUS HOLDING NV stepped down as director. NBB
2027 Graham Rhodes stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: profit of € 2.7 million (▲ 33% vs 2024). Source: NBB ↗
2023 COVETRUS HOLDING NV became a director. NBB
2023 Graham Rhodes became a director. NBB
Jul 15, 1986 New establishment in Beringen. KBO
May 21, 1986 Start of the company according to the CBE. KBO

In short

From € 2.2 million profit in 2022 to € 2.7 million profit in 2025.

Paid € 2.7 million in corporate taxes since 2022.

Best year ever: 2025, with € 2.7 million profit.

Pays suppliers within 32 days on average.

Original PDFs at the National Bank ↗

Management

COVETRUS HOLDING 98.9%

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

COVETRUS

Veterinary Services & Logistics 10%

NERUM 0%

The shares are held by COVETRUS HOLDING (98.9%). It owns 10% of Veterinary Services & Logistics and 0% of NERUM itself.

Directors

According to the 2025 annual accounts

COVETRUS HOLDING NV

Managing director · represented by Bernardus Stephanus Gerardus Fierkens

Also active at: NERUM, VETERINARY SERVICES & LOGISTICS

since 2023 · until 2027

Graham Rhodes

Director

Also active at: COVETRUS HOLDING, VETERINARY SERVICES & LOGISTICS

since 2023 · until 2027

Shareholders

COVETRUS HOLDING

98.9%

Participations

Veterinary Services & Logistics

10%

NERUM

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieweg 135 box 1

3583 Beringen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

COVETRUS HOLDING same network

€ 5.6 million revenue · 2025

ProVet Belgium Finance

€ -15,662 gross margin · 2025

VETERINARY SERVICES & LOGISTICS same network

€ 2 million gross margin · 2025

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

Website

HTTPS covetrus.be

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Details

Company number

0429.026.446

VAT number

BE 0429.026.446

Registered office

Industrieweg 135 bus 1, 3583 Beringen

Names & denominations

COVETRUS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 May 1986

Peppol

Active · Active since 17 Nov 2025

Contact

covetrus.be

Activities · NACE

Groothandel in farmaceutische producten

Groothandel in farmaceutische en medische artikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

COVETRUS

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Financials

What happened to COVETRUS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

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