Financials
Financial year 2025
Cova-Dw from Dentergem, company number BE0462205196, closed financial year 2025 with a result of € 22,485 after tax. For that financial year Cova-Dw recorded a gross margin of € 530,087 and equity of € 517,017. Compared with financial year 2024, the result moved from € 36,984 to € 22,485. 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 November 14, 2025.
€ 517,017
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,485
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 211,216
▼ 33% 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 € 448,847.
People and assets in 2025
7.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 293,233
▼ 1% vs 2024
€ 40,200 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.
€ 452,112
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 610,069
▼ 10% vs 2024
€ 67,453 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 109,117
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,926
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 436,940 | € 461,663 | € 545,186 | € 530,087 | ▼ 3% |
| Profit after taxes | € 56,409 | € 6,331 | € 36,984 | € 22,485 | ▼ 39% |
| Equity | € 451,217 | € 457,548 | € 494,532 | € 517,017 | ▲ 5% |
| Total debts | € 887,800 | € 1,052,311 | € 950,516 | € 940,260 | ▼ 1% |
| Cash | € 166,938 | € 231,751 | € 317,346 | € 211,216 | ▼ 33% |
| Land & buildings | € 650,870 | € 611,923 | € 602,916 | € 577,502 | ▼ 4% |
| Retained profit | € 383,047 | € 389,377 | € 426,362 | € 448,847 | ▲ 5% |
| Bank debt | € 600,219 | € 741,629 | € 674,387 | € 610,069 | ▼ 10% |
| Balance sheet total | € 1,339,018 | € 1,509,859 | € 1,445,049 | € 1,457,277 | ▲ 1% |
| Employees (FTE) | 5.6 | 6.5 | 6.8 | 7.3 | ▲ 0.5 |
Key figures of Cova-Dw, 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 October 2026.
What happened to Cova-Dw?
What happened at Cova-Dw in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Dewachter stepped down as director. NBB
- Melisa Dewachter stepped down as director. NBB
- Glenn Dewachter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 22,485 (▼ 39% vs 2024). filed late Source: NBB ↗
- Philippe Dewachter became a director. NBB
- Melisa Dewachter became a director. NBB
- Glenn Dewachter became a director. NBB
- New establishment in Dentergem. KBO
In short
From € 56,409 profit in 2022 to € 22,485 profit in 2025.
Paid € 19,188 in corporate taxes since 2022.
Best year ever: 2022, with € 56,409 profit.
On average € 72,600 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Philippe Dewachter
Managing director
since 2021 · until 2027
Melisa Dewachter
Director
since 2021 · until 2027
Glenn Dewachter
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kouterweg(Mar) 7
8720 Dentergem
Tieltstraat 14
8720 Dentergem
Active since 8 January 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.205.196
- VAT number
- BE 0462.205.196
- Registered office
- Kouterweg(Mar) 7, 8720 Dentergem
- Names & denominations
- Cova-Dw
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in groenten en fruit
Markt- en straathandel in voedingsmiddelen
Eetgelegenheden met beperkte bediening
Markt- en straathandel in voedings- en genotmiddelen