Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COVIDEC from Jette, company number BE0429590135, closed financial year 2025 with a result of € -1,092 after tax. For that financial year COVIDEC recorded a gross margin of € -891 and equity of € -19,122. Compared with financial year 2024, the result moved from € -84 to € -1,092. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -19,122
▼ € 1,092 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,092
▼ 1202 % more loss than in 2024
Profit after tax over the fiscal year.
€ 181
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,714.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,725
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -21,840 | € -4,117 | € 51 | € -891 | ▼ € 941 |
| Profit after taxes | € -22,453 | € -4,905 | € -84 | € -1,092 | ▼ € 1,008 |
| Equity | € -13,042 | € -17,946 | € -18,030 | € -19,122 | ▼ € 1,092 |
| Total debts | € 21,102 | € 22,432 | € 18,373 | € 19,452 | ▲ 6% |
| Cash | € 1,846 | € 1,911 | € 95 | € 181 | ▲ 90% |
| Retained profit | € -31,634 | € -36,538 | € -36,622 | € -37,714 | ▼ € 1,092 |
| Balance sheet total | € 8,060 | € 4,486 | € 343 | € 330 | ▼ 4% |
Key figures of COVIDEC, 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 COVIDEC?
What happened at COVIDEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,092. filed late Source: NBB ↗
- Alain Vander Elst became a director. NBB
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,453 loss in 2022 to € 1,092 loss in 2025.
Management
Behind COVIDEC is Alain Vander Elst. Alain Vander Elst is also behind BE-LIGHTING CONCEPT.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Tentoonstellingslaan 333
1090 Jette
Baron Albert d'Huartlaan 285
1950 Kraainem
Active since 29 October 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0429.590.135
- VAT number
- BE 0429.590.135
- Registered office
- Tentoonstellingslaan 333, 1090 Jette
- Names & denominations
- COVIDEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1986
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Groothandel in overige kantoormachines en kantoorbenodigdheden
Beheer van computerfaciliteiten
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Ontwerpen van computerprogramma’s
Groothandel in informatie- en communicatieapparatuur
Computerconsultancy-activiteiten
Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur
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