Financials
Financial year 2025
Worth noting
- A loss two years in a row.
Gross margin
€ 32,281
▲ 34% vs 2024
Profit
Caution€ -6,709
▲ 56% vs 2024
Debts
Low€ 164,534
▲ 69% vs 2024
COVADE from Ternat, company number BE0452084039, closed financial year 2025 with a result of € -6,709 after tax. For that financial year COVADE recorded a gross margin of € 32,281 and equity of € 517,920. Compared with financial year 2024, the result moved from € -15,391 to € -6,709. 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 March 12, 2026.
What happened at COVADE?
What happened at COVADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,709. Source: NBB ↗
- Luc Cornelis became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,736 profit in 2022 to € 6,709 loss in 2025.
Paid € 21,653 in corporate taxes since 2022.
Best year ever: 2022, with € 24,736 profit.
Paid out € 73,177 in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
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Management
Directors
According to the 2025 annual accounts
Luc Cornelis
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Muilemlaan 77
1742 Ternat
Muilemlaan 53
1742 Ternat
Active since 15 March 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.084.039
- VAT number
- BE 0452.084.039
- Registered office
- Muilemlaan 77, 1742 Ternat
- Names & denominations
- COVADE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1994
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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