Financials
Financial year 2025
SOVERCO from Wielsbeke, company number BE0442902097, closed financial year 2025 with a result of € 9,946 after tax. For that financial year SOVERCO recorded a gross margin of € 298,756 and equity of € 307,523. Compared with financial year 2024, the result moved from € 10,380 to € 9,946. The company is profitable. 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 September 30, 2026.
€ 307,523
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,946
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 34,854
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 220,761.
People and assets in 2025
4.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 276,959
▼ 4% vs 2024
€ 64,400 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.
€ 2,523
▲ € 2,334 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 86,479
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,030
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 259,961 | € 312,288 | € 314,396 | € 298,756 | ▼ 5% |
| Profit after taxes | € 11,760 | € 4,904 | € 10,380 | € 9,946 | ▼ 4% |
| Equity | € 282,293 | € 287,197 | € 297,577 | € 307,523 | ▲ 3% |
| Total debts | € 155,851 | € 195,514 | € 203,102 | € 171,334 | ▼ 16% |
| Cash | € 5,994 | € 1,305 | € 18,553 | € 34,854 | ▲ 88% |
| Land & buildings | € 68,490 | € 67,131 | € 67,086 | € 67,086 | |
| Retained profit | € 195,530 | € 200,434 | € 210,814 | € 220,761 | ▲ 5% |
| Balance sheet total | € 438,144 | € 482,711 | € 500,679 | € 478,857 | ▼ 4% |
| Employees (FTE) | 3.8 | 4.4 | 4.4 | 4.3 | ▼ 0.1 |
Key figures of SOVERCO, 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 SOVERCO?
What happened at SOVERCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,946 (▼ 4% vs 2024). filed late Source: NBB ↗
- Valtinio CommV CommV became a director. NBB
- Caleis CommV CommV became a director. NBB
- Milis CommV CommV became a director. NBB
- Matuur CommV CommV became a director. NBB
- New establishment in Kortrijk. KBO
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,760 profit in 2022 to € 9,946 profit in 2025.
Paid € 16,202 in corporate taxes since 2022.
Best year ever: 2022, with € 11,760 profit.
On average € 69,500 of value added per employee in 2025.
Management
Behind SOVERCO are Valtinio CommV CommV, Caleis CommV CommV, Milis CommV CommV and Matuur CommV CommV. The same people are also behind VERBATEX INTERNATIONAL, COTTIMMO, VERBATEX and Flanders Decoration Textiles.
Directors
According to the 2025 annual accounts
Director · represented by Verbauwhede Vincent
Also active at: VERBATEX INTERNATIONAL, COTTIMMO, VERBATEX, Flanders Decoration Textiles
since 2024
Director · represented by Verbauwhede Isabelle
Also active at: VERBATEX INTERNATIONAL, COTTIMMO, VERBATEX, Flanders Decoration Textiles
since 2024
Director · represented by Verbauwhede Frank
Also active at: VERBATEX INTERNATIONAL, COTTIMMO, VERBATEX, Flanders Decoration Textiles
since 2024
Director · represented by Verbauwhede Tony
Also active at: VERBATEX INTERNATIONAL, COTTIMMO, VERBATEX, Flanders Decoration Textiles
since 2024
Establishments
Establishment units
Physical locations of this company
Guido Gezellestraat(O) 29
8710 Wielsbeke
Mellestraat(Heu) 196
8501 Kortrijk
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.902.097
- VAT number
- BE 0442.902.097
- Registered office
- Guido Gezellestraat(O) 29, 8710 Wielsbeke
- Names & denominations
- SOVERCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 1991
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Vervaardiging van vloerkleden en tapijt
Bewerken en spinnen van katoen- of katoenachtige vezels
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Bewerken en spinnen van textielvezels
Interieurontwerp
Activiteiten van interieurdecorateurs