What does COVOX-TCI do?

COVOX-TCI is a metalworking company in Geel. Public Limited, started on 30 December 1988, 1 establishment.

What is the address of COVOX-TCI?

The registered office of COVOX-TCI is located at Liessel 13, 2440 Geel.

Is COVOX-TCI still active?

Yes. According to the CBE (29 October 2026) COVOX-TCI is active, legal situation “Normale toestand”, started on 30 December 1988.

Is COVOX-TCI registered on Peppol?

Yes, COVOX-TCI is registered on the Peppol network with ID 0208:0436402406.

What is the enterprise number of COVOX-TCI?

The enterprise number of COVOX-TCI is BE0436402406.

When was COVOX-TCI founded?

COVOX-TCI was founded on 30 December 1988.

Who are the directors of COVOX-TCI?

According to the 2025 annual accounts, the directors of COVOX-TCI are: Ilse Vanlommel, VVL Management BV.

Is COVOX-TCI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did COVOX-TCI make in 2025?

COVOX-TCI posted a profit after taxes of € 273,334 in financial year 2025.

What is the revenue of COVOX-TCI?

As a small company, COVOX-TCI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,275,976.

How much does an employee at COVOX-TCI earn?

The average wage cost per full-time employee at COVOX-TCI was € 66,000 in 2025: staff costs of € 1.9 million for 28.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COVOX-TCI have?

According to the 2025 annual accounts, COVOX-TCI has 28.7 full-time equivalents (FTE).

COVOX-TCI (Public Limited) - Geel - BE0436402406

Dossier COVOX-TCI, printed on 29 October 2026 from databakkes.be/en/0436402406/covox-tci. 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.

Shrinking team NBB

FTE fell two years in a row, from 34.1 to 28.7.

Financials

Financial year 2025

COVOX-TCI from Geel, company number BE0436402406, closed financial year 2025 with a result of € 273,334 after tax. For that financial year COVOX-TCI recorded a gross margin of € 3.3 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 217,853 to € 273,334. 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 3, 2026.

What it is worth Growing

€ 2.5 million

▲ 12% vs 2024

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

Profit Growing

€ 273,334

▲ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 294,092

▲ 19% 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 € 2.3 million.

People and assets in 2025

Full-time equivalents

28.7

▼ 0.8 vs 2024

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

Wage cost

€ 1.9 million

▲ 12% vs 2024

€ 66,000 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.

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.

€ 1.9 million

▼ 26% vs 2024

€ 646,903 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 78,909

▼ 1% vs 2024

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

Taxes and wages

€ 349,324

▲ 51% 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	€ 5,276,595 Revenue 2022: € 5,276,595 First fiscal year in the series	€ 5,047,144 Revenue 2023: € 5,047,144 ▼ 4% vs 2022 (€ 5,276,595) Unfavourable step	€ 4,826,743 Revenue 2024: € 4,826,743 ▼ 4% vs 2023 (€ 5,047,144) Unfavourable step	-
Gross margin	-	-	-	€ 3,275,976 Gross margin 2025: € 3,275,976 First fiscal year in the series
Profit after taxes	€ 169,594 Profit after taxes 2022: € 169,594 First fiscal year in the series	€ 58,911 Profit after taxes 2023: € 58,911 ▼ 65% vs 2022 (€ 169,594) Unfavourable step	€ 217,853 Profit after taxes 2024: € 217,853 ▲ 270% vs 2023 (€ 58,911) Favourable step	€ 273,334 Profit after taxes 2025: € 273,334 ▲ 25% vs 2024 (€ 217,853) Favourable step	▲ 25%
Equity	€ 1,987,663 Equity 2022: € 1,987,663 First fiscal year in the series	€ 2,031,083 Equity 2023: € 2,031,083 ▲ 2% vs 2022 (€ 1,987,663) Favourable step	€ 2,233,445 Equity 2024: € 2,233,445 ▲ 10% vs 2023 (€ 2,031,083) Favourable step	€ 2,491,289 Equity 2025: € 2,491,289 ▲ 12% vs 2024 (€ 2,233,445) Favourable step	▲ 12%
Total debts	€ 5,982,953 Total debts 2022: € 5,982,953 First fiscal year in the series	€ 5,087,388 Total debts 2023: € 5,087,388 ▼ 15% vs 2022 (€ 5,982,953) Favourable step	€ 4,436,912 Total debts 2024: € 4,436,912 ▼ 13% vs 2023 (€ 5,087,388) Favourable step	€ 4,229,910 Total debts 2025: € 4,229,910 ▼ 5% vs 2024 (€ 4,436,912) Favourable step	▼ 5%
Cash	€ 264,455 Cash 2022: € 264,455 First fiscal year in the series	€ 318,882 Cash 2023: € 318,882 ▲ 21% vs 2022 (€ 264,455) Favourable step	€ 247,101 Cash 2024: € 247,101 ▼ 23% vs 2023 (€ 318,882) Unfavourable step	€ 294,092 Cash 2025: € 294,092 ▲ 19% vs 2024 (€ 247,101) Favourable step	▲ 19%
Retained profit	€ 1,722,129 Retained profit 2022: € 1,722,129 First fiscal year in the series	€ 1,781,040 Retained profit 2023: € 1,781,040 ▲ 3% vs 2022 (€ 1,722,129) Favourable step	€ 1,998,893 Retained profit 2024: € 1,998,893 ▲ 12% vs 2023 (€ 1,781,040) Favourable step	€ 2,272,227 Retained profit 2025: € 2,272,227 ▲ 14% vs 2024 (€ 1,998,893) Favourable step	▲ 14%
Bank debt	€ 3,818,865 Bank debt 2022: € 3,818,865 First fiscal year in the series	€ 3,171,952 Bank debt 2023: € 3,171,952 ▼ 17% vs 2022 (€ 3,818,865) Favourable step	€ 2,525,040 Bank debt 2024: € 2,525,040 ▼ 20% vs 2023 (€ 3,171,952) Favourable step	€ 1,878,127 Bank debt 2025: € 1,878,127 ▼ 26% vs 2024 (€ 2,525,040) Favourable step	▼ 26%
Balance sheet total	€ 7,970,616 Balance sheet total 2022: € 7,970,616 First fiscal year in the series	€ 7,118,471 Balance sheet total 2023: € 7,118,471 ▼ 11% vs 2022 (€ 7,970,616) Unchanged	€ 6,670,357 Balance sheet total 2024: € 6,670,357 ▼ 6% vs 2023 (€ 7,118,471) Unchanged	€ 6,721,198 Balance sheet total 2025: € 6,721,198 ▲ 1% vs 2024 (€ 6,670,357) Unchanged	▲ 1%
Employees (FTE)	39.6 Employees (FTE) 2022: 39.6 First fiscal year in the series	34.1 Employees (FTE) 2023: 34.1 ▼ 5.5 vs 2022 (39.6) Unchanged	29.5 Employees (FTE) 2024: 29.5 ▼ 4.6 vs 2023 (34.1) Unchanged	28.7 Employees (FTE) 2025: 28.7 ▼ 0.8 vs 2024 (29.5) Unchanged	▼ 0.8

Key figures of COVOX-TCI, 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 COVOX-TCI?

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

2026 Ilse Vanlommel stepped down as director. NBB
2026 VVL Management BV stepped down as director. NBB
Jul 3, 2026 New annual accounts for financial year 2025: profit of € 273,334 (▲ 25% vs 2024). Source: NBB ↗
2020 Ilse Vanlommel became a director. NBB
2020 VVL Management BV became a director. NBB
Jan 25, 1989 New establishment in Geel. KBO
Dec 30, 1988 Start of the company according to the CBE. KBO

In short

From € 169,594 profit in 2022 to € 273,334 profit in 2025.

Paid € 262,242 in corporate taxes since 2022.

Best year ever: 2025, with € 273,334 profit.

On average € 114,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

COEK ENGINEERING 100%

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

COVOX-TCI

The shares are held by COEK ENGINEERING (100%).

Directors

According to the 2025 annual accounts

Ilse Vanlommel

Director

Also active at: COEK ENGINEERING, LIMOX, COVALIM, THIMO, Group Coek, VVL MANAGEMENT, VIK-IMMO, VINDEX

since 2020 · until 2026

VVL Management BV

Managing director · represented by Koen Van Looke

Also active at: COEK ENGINEERING, LIMOX, COVALIM, Group Coek

since 2020 · until 2026

Shareholders

COEK ENGINEERING

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Liessel 13

2440 Geel

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 →

COEK ENGINEERING same network

€ 24.2 million revenue · 2025

VAT Group Coek

Group Coek same network

€ 4 million revenue · 2025

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

Details

Company number

0436.402.406

VAT number

BE 0436.402.406

Registered office

Liessel 13, 2440 Geel

Names & denominations

COVOX-TCI

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 December 1988

Peppol

Active · Active since 18 Sept 2025

Activities · NACE

Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal

Productie van andere non-ferrometalen

Eerste verwerking van overige non-ferrometalen

View on CBE Public ↗ Annual accounts (NBB) ↗

COVOX-TCI

Warning lights

Financials

What happened to COVOX-TCI?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions