COVACO is an insurance broker in Zandhoven. Private Limited, started on 9 December 1986, 1 establishment.

What is the address of COVACO?

The registered office of COVACO is located at Langestraat 99 box 2, 2240 Zandhoven.

Is COVACO still active?

Yes. According to the CBE (29 October 2026) COVACO is active, legal situation “Normale toestand”, started on 9 December 1986.

Is COVACO registered on Peppol?

No, COVACO is currently not registered on the Peppol network.

What is the enterprise number of COVACO?

The enterprise number of COVACO is BE0430033761.

When was COVACO founded?

COVACO was founded on 9 December 1986.

Who are the directors of COVACO?

According to the 2025 annual accounts, the directors of COVACO are: Miura.

Is COVACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 December 1986; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did COVACO make in 2025?

COVACO posted a profit after taxes of € 1,829,915 in financial year 2025.

What is the revenue of COVACO?

As a small company, COVACO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,697,784.

How much does an employee at COVACO earn?

The average wage cost per full-time employee at COVACO was € 66,600 in 2025: staff costs of € 1.3 million for 20 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COVACO have?

According to the 2025 annual accounts, COVACO has 20 full-time equivalents (FTE).

COVACO (Private Limited) - Zandhoven - BE0430033761

Dossier COVACO, printed on 29 October 2026 from databakkes.be/en/0430033761/covaco. 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.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

COVACO from Zandhoven, company number BE0430033761, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year COVACO recorded a gross margin of € 3.7 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.8 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Growing

€ 2 million

▲ 40% vs 2024

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

Profit Growing

€ 1.8 million

▲ 2% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.6 million

▼ 14% vs 2024

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

Where the profit goes Pays out

€ 1.3 million paid out

68 % of the profit went to the shareholders, mostly to MIURA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▲ 2.3 vs 2024

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

Wage cost

€ 1.3 million

▲ 15% vs 2024

€ 66,600 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

€ 437,937

▼ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.1 million

▼ 12% vs 2024

€ 627,649 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 8.5 million

▲ 24% vs 2024

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

Taxes and wages

€ 295,493

▲ 95% 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	€ 1,960,667 Gross margin 2022: € 1,960,667 First fiscal year in the series	€ 2,375,509 Gross margin 2023: € 2,375,509 ▲ 21% vs 2022 (€ 1,960,667) Favourable step	€ 2,884,261 Gross margin 2024: € 2,884,261 ▲ 21% vs 2023 (€ 2,375,509) Favourable step	€ 3,697,784 Gross margin 2025: € 3,697,784 ▲ 28% vs 2024 (€ 2,884,261) Favourable step	▲ 28%
Profit after taxes	€ 520,148 Profit after taxes 2022: € 520,148 First fiscal year in the series	€ 1,051,298 Profit after taxes 2023: € 1,051,298 ▲ 102% vs 2022 (€ 520,148) Favourable step	€ 1,798,854 Profit after taxes 2024: € 1,798,854 ▲ 71% vs 2023 (€ 1,051,298) Favourable step	€ 1,829,915 Profit after taxes 2025: € 1,829,915 ▲ 2% vs 2024 (€ 1,798,854) Favourable step	▲ 2%
Equity	€ 763,165 Equity 2022: € 763,165 First fiscal year in the series	€ 914,463 Equity 2023: € 914,463 ▲ 20% vs 2022 (€ 763,165) Favourable step	€ 1,463,317 Equity 2024: € 1,463,317 ▲ 60% vs 2023 (€ 914,463) Favourable step	€ 2,043,232 Equity 2025: € 2,043,232 ▲ 40% vs 2024 (€ 1,463,317) Favourable step	▲ 40%
Total debts	€ 3,380,896 Total debts 2022: € 3,380,896 First fiscal year in the series	€ 6,615,870 Total debts 2023: € 6,615,870 ▲ 96% vs 2022 (€ 3,380,896) Unfavourable step	€ 10,683,904 Total debts 2024: € 10,683,904 ▲ 61% vs 2023 (€ 6,615,870) Unfavourable step	€ 13,232,652 Total debts 2025: € 13,232,652 ▲ 24% vs 2024 (€ 10,683,904) Unfavourable step	▲ 24%
Cash	€ 182,350 Cash 2022: € 182,350 First fiscal year in the series	€ 418,822 Cash 2023: € 418,822 ▲ 130% vs 2022 (€ 182,350) Favourable step	€ 1,871,202 Cash 2024: € 1,871,202 ▲ € 1.5 million vs 2023 (€ 418,822) Favourable step	€ 1,604,124 Cash 2025: € 1,604,124 ▼ 14% vs 2024 (€ 1,871,202) Unfavourable step	▼ 14%
Retained profit	€ 744,565 Retained profit 2022: € 744,565 First fiscal year in the series	€ 895,863 Retained profit 2023: € 895,863 ▲ 20% vs 2022 (€ 744,565) Favourable step	€ 1,444,717 Retained profit 2024: € 1,444,717 ▲ 61% vs 2023 (€ 895,863) Favourable step	€ 2,024,632 Retained profit 2025: € 2,024,632 ▲ 40% vs 2024 (€ 1,444,717) Favourable step	▲ 40%
Dividend	€ 500,000 Dividend 2022: € 500,000 First fiscal year in the series	€ 900,000 Dividend 2023: € 900,000 ▲ 80% vs 2022 (€ 500,000) Unchanged	€ 1,250,000 Dividend 2024: € 1,250,000 ▲ 39% vs 2023 (€ 900,000) Unchanged	€ 1,250,000 Dividend 2025: € 1,250,000 Unchanged (€ 1,250,000) Unchanged
Bank debt	€ 628,394 Bank debt 2022: € 628,394 First fiscal year in the series	€ 1,958,357 Bank debt 2023: € 1,958,357 ▲ 212% vs 2022 (€ 628,394) Unfavourable step	€ 2,417,365 Bank debt 2024: € 2,417,365 ▲ 23% vs 2023 (€ 1,958,357) Unfavourable step	€ 2,130,146 Bank debt 2025: € 2,130,146 ▼ 12% vs 2024 (€ 2,417,365) Favourable step	▼ 12%
Balance sheet total	€ 4,144,062 Balance sheet total 2022: € 4,144,062 First fiscal year in the series	€ 7,530,333 Balance sheet total 2023: € 7,530,333 ▲ 82% vs 2022 (€ 4,144,062) Unchanged	€ 12,147,221 Balance sheet total 2024: € 12,147,221 ▲ 61% vs 2023 (€ 7,530,333) Unchanged	€ 15,275,884 Balance sheet total 2025: € 15,275,884 ▲ 26% vs 2024 (€ 12,147,221) Unchanged	▲ 26%
Employees (FTE)	12.1 Employees (FTE) 2022: 12.1 First fiscal year in the series	14.7 Employees (FTE) 2023: 14.7 ▲ 2.6 vs 2022 (12.1) Unchanged	17.7 Employees (FTE) 2024: 17.7 ▲ 3 vs 2023 (14.7) Unchanged	20 Employees (FTE) 2025: 20 ▲ 2.3 vs 2024 (17.7) Unchanged	▲ 2.3

Key figures of COVACO, 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 COVACO?

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

Jul 23, 2026 New annual accounts for financial year 2025: profit of € 1.8 million (▲ 2% vs 2024). Source: NBB ↗
2023 Miura became a director. NBB
Dec 31, 1986 New establishment in Zandhoven. KBO
Dec 9, 1986 Start of the company according to the CBE. KBO

In short

From € 520,148 profit in 2022 to € 1.8 million profit in 2025.

Paid € 473,909 in corporate taxes since 2022.

Best year ever: 2025, with € 1.8 million profit.

On average € 184,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MIURA 100%

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

COVACO

KP Bemiddeling 100%

Behind COVACO is Miura. The shares are held by MIURA (100%). It owns 100% of KP Bemiddeling itself.

Directors

According to the 2025 annual accounts

Miura

Director · represented by Vincent Cools

Also active at: ZAO-COVACO, ARTORE, KP Bemiddeling

since 2023

Shareholders

MIURA

100%

Participations

KP Bemiddeling

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Langestraat 99 box 2

2240 Zandhoven

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

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+2 more

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

Details

Company number

0430.033.761

VAT number

BE 0430.033.761

Registered office

Langestraat 99 bus 2, 2240 Zandhoven

Names & denominations

COVACO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 December 1986

Peppol

Not registered

Activities · NACE

Activiteiten van verzekeringsagenten en -makelaars

Verzekeringsmakelaars en -agenten

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

COVACO

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Financials

What happened to COVACO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions