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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
COVERBO from Hooglede, company number BE0446660056, closed financial year 2025 with a result of € -42,046 after tax. For that financial year COVERBO recorded a gross margin of € -8,812 and equity of € 433,959. Compared with financial year 2024, the result moved from € -17,815 to € -42,046. The company made a loss. 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 January 30, 2026.
€ 433,959
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,046
▼ 136 % more loss than in 2024
Profit after tax over the fiscal year.
€ 135,130
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 371,959.
People and assets in 2025
€ 25,321
▼ 33% 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.
€ 9,176
▲ 151% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 184
▼ 97% 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 | € 29,313 | € 45,995 | € 14,714 | € -8,812 | ▼ € 23,527 |
| Profit after taxes | € 8,741 | € 12,452 | € -17,815 | € -42,046 | ▼ € 24,231 |
| Equity | € 526,498 | € 493,820 | € 476,005 | € 433,959 | ▼ 9% |
| Total debts | € 58,552 | € 51,544 | € 41,981 | € 18,594 | ▼ 56% |
| Cash | € 505,564 | € 400,256 | € 183,829 | € 135,130 | ▼ 26% |
| Retained profit | € 464,498 | € 431,820 | € 414,005 | € 371,959 | ▼ 10% |
| Dividend | € 31,348 | € 45,129 | € 0 | € 0 | |
| Balance sheet total | € 585,050 | € 545,364 | € 517,986 | € 452,554 | ▼ 13% |
Key figures of COVERBO, 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 January 2027.
What happened to COVERBO?
What happened at COVERBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Krist'l Sagaert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 42,046. Source: NBB ↗
- José Coghe stepped down as director. NBB
- Mario Coghe stepped down as director. NBB
- Krist'l Sagaert became a director. NBB
- Mario Coghe became a director. NBB
- José Coghe became a director. NBB
- New establishment in Hooglede. KBO
In short
From € 8,741 profit in 2022 to € 42,046 loss in 2025.
Paid € 4,887 in corporate taxes since 2022.
Best year ever: 2023, with € 12,452 profit.
Paid out € 76,478 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Mario Coghe
Managing director
since 2022 · until 2024
José Coghe
Managing director
since 2022 · until 2025
Krist'l Sagaert
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Kleine Noordstraat 11
8830 Hooglede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.660.056
- VAT number
- BE 0446.660.056
- Registered office
- Kleine Noordstraat 11, 8830 Hooglede
- Names & denominations
- COVERBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1992
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten