Financials
Financial year 2024
COVERMA from Mons, company number BE0457078945, closed financial year 2024 with a result of € 210,786 after tax. For that financial year COVERMA recorded a gross margin of € 352,268 and equity of € 342,170. Compared with financial year 2023, the result moved from € 141,746 to € 210,786. Profitable, and profit is growing. 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 July 31, 2025.
€ 342,170
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 210,786
▲ 49% vs 2023
Profit after tax over the fiscal year.
€ 348,667
▲ 218% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 172,000 paid out
82 % of the profit went to the shareholders, mostly to NADOFIN (100 % of the shares). That is where the money ends up.
People and assets in 2024
€ 65,072
▼ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,101
▲ 86% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9,999
Loans from banks and other lenders, long and short.
€ 145,297
▼ 60% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 40,140
▲ 265% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 131,220 | € 181,910 | € 217,747 | € 352,268 | ▲ 62% |
| Profit after taxes | € 51,312 | € 89,506 | € 141,746 | € 210,786 | ▲ 49% |
| Equity | € 281,132 | € 370,638 | € 303,384 | € 342,170 | ▲ 13% |
| Total debts | € 151,533 | € 281,326 | € 502,357 | € 367,437 | ▼ 27% |
| Cash | € 103,605 | € 116,416 | € 109,765 | € 348,667 | ▲ 218% |
| Retained profit | € 268,737 | € 358,244 | € 290,989 | € 329,776 | ▲ 13% |
| Dividend | € 50,000 | € 0 | € 120,000 | € 172,000 | ▲ 43% |
| Bank debt | € 0 | € 0 | € 0 | € 9,999 | |
| Balance sheet total | € 432,665 | € 651,964 | € 805,740 | € 709,607 | ▼ 12% |
| Employees (FTE) | 1 | 1 | 1 | - |
Key figures of COVERMA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to COVERMA?
What happened at COVERMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 210,786 (▲ 49% vs 2023). Source: NBB ↗
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,312 profit in 2021 to € 210,786 profit in 2024.
Paid € 132,338 in corporate taxes since 2021.
Best year ever: 2024, with € 210,786 profit.
On average € 217,700 of value added per employee in 2023.
Management
The stake of NADOFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVERMABehind COVERMA is Nadofin SPRL. The shares are held by NADOFIN (100%).
Directors
According to the 2024 annual accounts
Manager · represented by Eddy Warge
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Comte Cornet 19 box 4
7020 Mons
Rue Comte Cornet 19
7020 Mons
Active since 8 February 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ 71,842 gross margin · 2025
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€ 9,794 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.078.945
- VAT number
- BE 0457.078.945
- Registered office
- Rue Comte Cornet 19 bus 4, 7020 Mons
- Names & denominations
- COVERMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1996
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in andere intermediaire producten, n.e.g.
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in overige intermediaire producten, n.e.g.
Groothandel in andere intermediaire producten, neg
Reparatie en onderhoud van machines
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Reparatie en onderhoud van elektrische apparatuur
+1