Financials
Financial year 2025
Gross margin
€ 144,631
▼ 3% vs 2024
Profit
Growing€ 103,764
▲ 7% vs 2024
Debts
Low€ 350,123
▼ 28% vs 2024
COVANCO from Izegem, company number BE0461350608, closed financial year 2025 with a result of € 103,764 after tax. For that financial year COVANCO recorded a gross margin of € 144,631 and equity of € 383,711. Compared with financial year 2024, the result moved from € 97,176 to € 103,764. 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 April 30, 2026.
What happened at COVANCO?
What happened at COVANCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,764 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- Stefaan Vanquaethem became a director. NBB
In short
From € 60,999 profit in 2022 to € 103,764 profit in 2025.
Paid € 106,859 in corporate taxes since 2022.
Best year ever: 2025, with € 103,764 profit.
Paid out € 299,890 in dividends to the owners in total.
A new publication or filing at COVANCO? We notify you, reason included.
Follow COVANCONeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
Behind COVANCO is Stefaan Vanquaethem. Stefaan Vanquaethem is also behind CONXION, Vectis Partners, The Searchers, VECTIS PRIVATE EQUITY III ARKIV and VD Pro Hold.
Directors
According to the 2025 annual accounts
since 1997
Establishments
Establishment units
Physical locations of this company
Ter Beemden 37
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0461.350.608
- VAT number
- BE 0461.350.608
- Registered office
- Ter Beemden 37, 8870 Izegem
- Names & denominations
- COVANCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1997
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige activiteiten i .v.m. administratie, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren
Activiteiten van vertalers
Organisatie van congressen en beurzen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Vertaaldiensten en tolken
Organisatie van salons, tentoonstellingen en beurzen
+2