What does COVERASS do?

COVERASS is an insurance broker in Brakel. Private Limited, started on 28 April 1995, 1 establishment.

What is the address of COVERASS?

The registered office of COVERASS is located at Ronsesestraat 256, 9660 Brakel.

Is COVERASS still active?

Yes. According to the CBE (29 October 2026) COVERASS is active, legal situation “Normale toestand”, started on 28 April 1995.

Is COVERASS registered on Peppol?

Yes, COVERASS is registered on the Peppol network with ID 0208:0455138747.

What is the enterprise number of COVERASS?

The enterprise number of COVERASS is BE0455138747.

When was COVERASS founded?

COVERASS was founded on 28 April 1995.

Who are the directors of COVERASS?

According to the 2025 annual accounts, the directors of COVERASS are: Marijke Gyselinck, Paul Collage.

Is COVERASS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 April 1995; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did COVERASS make in 2025?

COVERASS posted a profit after taxes of € 124,180 in financial year 2025.

What is the revenue of COVERASS?

As a small company, COVERASS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 305,502.

Does COVERASS have a website?

Yes, COVERASS has a website at coverass.be.

COVERASS (Private Limited) - Brakel - BE0455138747

Dossier COVERASS, printed on 29 October 2026 from databakkes.be/en/0455138747/coverass. 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.

Tight liquidity NBB

Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COVERASS from Brakel, company number BE0455138747, closed financial year 2025 with a result of € 124,180 after tax. For that financial year COVERASS recorded a gross margin of € 305,502 and equity of € 630,044. Compared with financial year 2024, the result moved from € 230,130 to € 124,180. 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 August 21, 2026.

What it is worth Growing

€ 630,044

▲ 18% vs 2024

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

Profit Healthy

€ 124,180

▼ 46% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101,424

▲ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 26,533 paid out

21 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 93,278

▼ 7% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 59,960

▲ € 45,740 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 48,012

▼ 34% vs 2024

€ 22,467 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 48,206

▲ 262% vs 2024

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

Taxes and wages

€ 102,220

▲ 27% 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
Gross margin	€ 244,526 Gross margin 2022: € 244,526 First fiscal year in the series	€ 260,018 Gross margin 2023: € 260,018 ▲ 6% vs 2022 (€ 244,526) Favourable step	€ 473,709 Gross margin 2024: € 473,709 ▲ 82% vs 2023 (€ 260,018) Favourable step	€ 305,502 Gross margin 2025: € 305,502 ▼ 36% vs 2024 (€ 473,709) Unfavourable step	▼ 36%
Profit after taxes	€ 75,649 Profit after taxes 2022: € 75,649 First fiscal year in the series	€ 84,078 Profit after taxes 2023: € 84,078 ▲ 11% vs 2022 (€ 75,649) Favourable step	€ 230,130 Profit after taxes 2024: € 230,130 ▲ 174% vs 2023 (€ 84,078) Favourable step	€ 124,180 Profit after taxes 2025: € 124,180 ▼ 46% vs 2024 (€ 230,130) Unfavourable step	▼ 46%
Equity	€ 284,894 Equity 2022: € 284,894 First fiscal year in the series	€ 328,201 Equity 2023: € 328,201 ▲ 15% vs 2022 (€ 284,894) Favourable step	€ 533,634 Equity 2024: € 533,634 ▲ 63% vs 2023 (€ 328,201) Favourable step	€ 630,044 Equity 2025: € 630,044 ▲ 18% vs 2024 (€ 533,634) Favourable step	▲ 18%
Total debts	€ 250,795 Total debts 2022: € 250,795 First fiscal year in the series	€ 161,814 Total debts 2023: € 161,814 ▼ 35% vs 2022 (€ 250,795) Favourable step	€ 167,673 Total debts 2024: € 167,673 ▲ 4% vs 2023 (€ 161,814) Unfavourable step	€ 203,119 Total debts 2025: € 203,119 ▲ 21% vs 2024 (€ 167,673) Unfavourable step	▲ 21%
Cash	€ 46,176 Cash 2022: € 46,176 First fiscal year in the series	€ 25,644 Cash 2023: € 25,644 ▼ 44% vs 2022 (€ 46,176) Unfavourable step	€ 64,335 Cash 2024: € 64,335 ▲ 151% vs 2023 (€ 25,644) Favourable step	€ 101,424 Cash 2025: € 101,424 ▲ 58% vs 2024 (€ 64,335) Favourable step	▲ 58%
Land & buildings	€ 284,649 Land & buildings 2022: € 284,649 First fiscal year in the series	€ 268,231 Land & buildings 2023: € 268,231 ▼ 6% vs 2022 (€ 284,649) Unchanged	€ 199,254 Land & buildings 2024: € 199,254 ▼ 26% vs 2023 (€ 268,231) Unchanged	€ 209,785 Land & buildings 2025: € 209,785 ▲ 5% vs 2024 (€ 199,254) Unchanged	▲ 5%
Retained profit	€ 278,688 Retained profit 2022: € 278,688 First fiscal year in the series	€ 321,995 Retained profit 2023: € 321,995 ▲ 16% vs 2022 (€ 278,688) Favourable step	€ 527,428 Retained profit 2024: € 527,428 ▲ 64% vs 2023 (€ 321,995) Favourable step	€ 623,838 Retained profit 2025: € 623,838 ▲ 18% vs 2024 (€ 527,428) Favourable step	▲ 18%
Dividend	€ 66,253 Dividend 2022: € 66,253 First fiscal year in the series	€ 39,534 Dividend 2023: € 39,534 ▼ 40% vs 2022 (€ 66,253) Unchanged	€ 23,460 Dividend 2024: € 23,460 ▼ 41% vs 2023 (€ 39,534) Unchanged	€ 26,533 Dividend 2025: € 26,533 ▲ 13% vs 2024 (€ 23,460) Unchanged	▲ 13%
Bank debt	€ 136,402 Bank debt 2022: € 136,402 First fiscal year in the series	€ 101,737 Bank debt 2023: € 101,737 ▼ 25% vs 2022 (€ 136,402) Favourable step	€ 72,584 Bank debt 2024: € 72,584 ▼ 29% vs 2023 (€ 101,737) Favourable step	€ 48,012 Bank debt 2025: € 48,012 ▼ 34% vs 2024 (€ 72,584) Favourable step	▼ 34%
Balance sheet total	€ 535,689 Balance sheet total 2022: € 535,689 First fiscal year in the series	€ 490,015 Balance sheet total 2023: € 490,015 ▼ 9% vs 2022 (€ 535,689) Unchanged	€ 701,307 Balance sheet total 2024: € 701,307 ▲ 43% vs 2023 (€ 490,015) Unchanged	€ 833,162 Balance sheet total 2025: € 833,162 ▲ 19% vs 2024 (€ 701,307) Unchanged	▲ 19%

Key figures of COVERASS, 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 COVERASS?

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

Aug 21, 2026 New annual accounts for financial year 2025: profit of € 124,180 (▼ 46% vs 2024). filed late Source: NBB ↗
Jan 5, 1996 New establishment in Brakel. KBO
1995 Paul Collage became a director. NBB
1995 Marijke Gyselinck became a director. NBB
Apr 28, 1995 Start of the company according to the CBE. KBO

In short

From € 75,649 profit in 2022 to € 124,180 profit in 2025.

Paid € 247,632 in corporate taxes since 2022.

Best year ever: 2024, with € 230,130 profit.

Paid out € 155,780 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Marijke Gyselinck Paul Collage

COVERASS

Behind COVERASS are Marijke Gyselinck and Paul Collage.

Directors

According to the 2025 annual accounts

Marijke Gyselinck

Director

since 1995

Paul Collage

Director

since 1995

Establishments

Establishment units

Physical locations of this company

Registered office

Ronsesestraat 256

9660 Brakel

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

Website

HTTPS coverass.be

Canonical: https://www.coverass.be/nl-be

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Website info

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Details

Company number: 0455.138.747
VAT number: BE 0455.138.747
Registered office: Ronsesestraat 256, 9660 Brakel
Names & denominations: COVERASS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 28 April 1995
Peppol: Active · Active since 29 Dec 2025
Contact: coverass.be
Activities · NACE: Activiteiten van verzekeringsagenten en -makelaars

View on CBE Public ↗ Annual accounts (NBB) ↗