Financials
Financial year 2025
LECOVA from Tielt, company number BE0435062816, closed financial year 2025 with a result of € 63,455 after tax. For that financial year LECOVA recorded a gross margin of € 100,579 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 230,285 to € 63,455. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 3.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,455
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 2.7 million
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 215,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 712
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,300
▼ 78% 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 | € 332,279 | € 342,989 | € 348,228 | € 100,579 | ▼ 71% |
| Profit after taxes | € 195,457 | € 220,628 | € 230,285 | € 63,455 | ▼ 72% |
| Equity | € 3,662,924 | € 3,803,551 | € 3,823,836 | € 3,672,291 | ▼ 4% |
| Total debts | € 141,509 | € 117,771 | € 254,299 | € 228,721 | ▼ 10% |
| Cash | € 2,601,672 | € 706,622 | € 2,841,020 | € 2,690,880 | ▼ 5% |
| Land & buildings | € 1,142,433 | € 1,137,674 | € 1,145,504 | € 1,139,548 | ▼ 1% |
| Retained profit | € 2,625,171 | € 2,765,799 | € 2,786,084 | € 2,634,539 | ▼ 5% |
| Dividend | € 85,000 | € 80,000 | € 210,000 | € 215,000 | ▲ 2% |
| Balance sheet total | € 3,804,433 | € 3,921,322 | € 4,078,135 | € 3,901,012 | ▼ 4% |
Key figures of LECOVA, 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 April 2027.
What happened to LECOVA?
What happened at LECOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,455 (▼ 72% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 195,457 profit in 2022 to € 63,455 profit in 2025.
Paid € 346,645 in corporate taxes since 2022.
Best year ever: 2024, with € 230,285 profit.
Paid out € 590,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 16
8700 Tielt
Deinsesteenweg 12
8700 Tielt
Active since 14 October 1988
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.062.816
- VAT number
- BE 0435.062.816
- Registered office
- Deinsesteenweg 16, 8700 Tielt
- Names & denominations
- LECOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1988
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering