Financials
Financial year 2025
COVICO - INVEST from Oostende, company number BE0462024460, closed financial year 2025 with a result of € 70,282 after tax. For that financial year COVICO - INVEST recorded a gross margin of € 1.1 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 796 to € 70,282. 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 January 31, 2026.
€ 1.3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,282
▲ € 69,486 vs 2024
Profit after tax over the fiscal year.
€ 105,252
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.3 million.
People and assets in 2025
9.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 708,419
▲ 11% vs 2024
€ 75,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 232,676
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 16% vs 2024
€ 393,091 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 319,303
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,506
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 957,599 | € 1,229,490 | € 964,705 | € 1,091,653 | ▲ 13% |
| Profit after taxes | € 86,585 | € 93,966 | € 796 | € 70,282 | ▲ € 69,486 |
| Equity | € 1,127,665 | € 1,221,630 | € 1,222,426 | € 1,292,708 | ▲ 6% |
| Total debts | € 4,108,626 | € 3,239,983 | € 2,675,630 | € 2,392,972 | ▼ 11% |
| Cash | € 37,115 | € 114,947 | € 126,520 | € 105,252 | ▼ 17% |
| Land & buildings | € 294,579 | € 265,174 | € 312,781 | € 273,113 | ▼ 13% |
| Retained profit | € 1,108,942 | € 1,202,908 | € 1,203,704 | € 1,273,986 | ▲ 6% |
| Bank debt | € 3,353,561 | € 2,781,021 | € 2,352,876 | € 1,984,164 | ▼ 16% |
| Balance sheet total | € 5,236,290 | € 4,461,613 | € 3,898,056 | € 3,685,681 | ▼ 5% |
| Employees (FTE) | 8.1 | 11.5 | 9 | 9.4 | ▲ 0.4 |
Key figures of COVICO - INVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to COVICO - INVEST?
What happened at COVICO - INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,282 (▲ € 69,486 vs 2024). filed late Source: NBB ↗
- Covico-Holding BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,585 profit in 2022 to € 70,282 profit in 2025.
Paid € 147,559 in corporate taxes since 2022.
Best year ever: 2023, with € 93,966 profit.
On average € 116,100 of value added per employee in 2025.
A new publication or filing at COVICO - INVEST? We notify you, reason included.
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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
The stake of Covico-Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVICO - INVESTBehind COVICO - INVEST is Covico-Holding BV. The shares are held by Covico-Holding (96%).
Directors
According to the 2025 annual accounts
Director · represented by Olivier Covemaeker
Also active at: Covico Vastgoed, Eco Asset Invest, COVICO-SERVICE
since 2012
Shareholders
96%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 222
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Covico Vastgoed same network
€ 14,740 gross margin · 2025
CTG
€ 32,399 gross margin · 2025
Covico-Holding same network
€ 21,478 gross margin · 2025
Eco Asset Invest same network
€ 143,620 gross margin · 2025
COVICO-SERVICE same network
€ 67,749 gross margin · 2025
+1 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
- 0462.024.460
- VAT number
- BE 0462.024.460
- Registered office
- Torhoutsesteenweg 222, 8400 Oostende
- Names & denominations
- COVICO - INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1997
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Ontwikkeling van residentiële bouwprojecten
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Algemene bouw van kantoorgebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
+7