Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
64 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COVADIS INTERNATIONAL from Etterbeek, company number BE0451840351, closed financial year 2025 with a result of € -2,921 after tax. For that financial year COVADIS INTERNATIONAL recorded revenue of € 73,175 and equity of € -63,242. Compared with financial year 2024, the result moved from € -5,343 to € -2,921. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ -63,242
▼ € 2,921 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,921
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,388
▲ € 1,802 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -125,242.
Debts at end 2025
€ 85,395
Loans from banks and other lenders, long and short.
€ 1,854
▲ € 1,705 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 390
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 74,251 | € 71,603 | € 79,725 | € 73,175 | ▼ 8% |
| Gross margin | € -3,708 | € -4,961 | € -5,306 | € -1,215 | ▲ € 4,091 |
| Profit after taxes | € -5,074 | € -5,704 | € -5,343 | € -2,921 | ▲ € 2,422 |
| Equity | € -49,274 | € -54,978 | € -60,321 | € -63,242 | ▼ € 2,921 |
| Total debts | € 93,305 | € 107,440 | € 117,469 | € 95,727 | ▼ 19% |
| Cash | € 3,422 | € 4,848 | € 586 | € 2,388 | ▲ € 1,802 |
| Retained profit | € -111,274 | € -116,978 | € -122,321 | € -125,242 | ▼ € 2,921 |
| Bank debt | € 85,395 | € 85,395 | € 85,395 | € 85,395 | |
| Balance sheet total | € 44,031 | € 52,462 | € 57,148 | € 32,485 | ▼ 43% |
Key figures of COVADIS INTERNATIONAL, 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 COVADIS INTERNATIONAL?
What happened at COVADIS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,921. Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,074 loss in 2022 to € 2,921 loss in 2025.
Paid € 15 in corporate taxes since 2022.
A new publication or filing at COVADIS INTERNATIONAL? We notify you, reason included.
Follow COVADIS INTERNATIONALDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind COVADIS INTERNATIONAL are STEHANE KODECK, JACQUES NEVENS and PIERRE KODECK.
Directors
According to the 2025 annual accounts
STEHANE KODECK
Director
JACQUES NEVENS
Director
PIERRE KODECK
Managing director
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 119 box 3
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 64 companies are registered at this address.
All companies at this address →SINEXPERT
€ 15,744 gross margin · 2025
DE SLAAPADVISEUR - UNIVERS DU SOMMEIL
€ 1.1 million gross margin · 2024
NEW - STYLE
BUSINESS PEOPLE SERVICES
€ 41,203 gross margin · 2025
SOCOBATI
€ 9,543 gross margin · 2025
+59 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Zoho Mail
Hosting
O2SWITCH, FR
DNS
Cloudflare DNS
Domain
Domain
covadis.org
Registered
2008-01-07
Registrar
Cloudflare, Inc.
Expires
2027-01-07
Website info
Features
Security
Details
- Company number
- 0451.840.351
- VAT number
- BE 0451.840.351
- Registered office
- Louis Schmidtlaan 119 bus 3, 1040 Etterbeek
- Names & denominations
- COVADIS INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 1994
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- covadis.org [email protected] 02/743.82.14
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment