Financials
Financial year 2025
COVERA PACKAGING from Antwerpen, company number BE0462810754, closed financial year 2025 with a result of € 670,425 after tax. For that financial year COVERA PACKAGING recorded a gross margin of € 1.7 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 848,079 to € 670,425. 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 July 3, 2026.
€ 1.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 670,425
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 153,612
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 660,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
9.3
Average over the fiscal year, from the social balance sheet.
€ 672,922
▲ 11% vs 2024
€ 72,400 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.
€ 300,327
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 291,796
▼ 62% vs 2024
€ 133,832 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 554,544
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,691
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,797,914 | € 14,314,222 | - | - | |
| Gross margin | - | - | € 1,939,893 | € 1,742,096 | ▼ 10% |
| Profit after taxes | € 1,328,448 | € 978,926 | € 848,079 | € 670,425 | ▼ 21% |
| Equity | € 1,830,264 | € 2,309,190 | € 1,926,720 | € 1,937,145 | ▲ 1% |
| Total debts | € 5,464,581 | € 4,479,089 | € 2,696,668 | € 2,072,166 | ▼ 23% |
| Cash | € 387,998 | € 138,699 | € 126,337 | € 153,612 | ▲ 22% |
| Land & buildings | € 1,981,695 | € 1,888,900 | € 0 | - | |
| Retained profit | € 1,680,264 | € 2,159,190 | € 1,807,936 | € 1,818,361 | ▲ 1% |
| Dividend | € 800,000 | € 500,000 | € 750,000 | € 660,000 | ▼ 12% |
| Bank debt | € 2,454,911 | € 2,548,568 | € 767,368 | € 291,796 | ▼ 62% |
| Balance sheet total | € 7,294,845 | € 6,788,279 | € 4,623,388 | € 4,009,311 | ▼ 13% |
| Employees (FTE) | 10.8 | 10.1 | 9.3 | 9.3 |
Key figures of COVERA PACKAGING, 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 COVERA PACKAGING?
What happened at COVERA PACKAGING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- F&N Consult VOF stepped down as director. NBB
- Xandress Invest BV stepped down as director. NBB
- PACO VOF stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 670,425 (▼ 21% vs 2024). Source: NBB ↗
- F&N Consult VOF became a director. NBB
- Xandress Invest BV became a director. NBB
- PACO VOF became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 1.3 million profit in 2022 to € 670,425 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
On average € 187,300 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
The stake of Xandress Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVERA PACKAGINGThe shares are held by Xandress Invest (40%).
Directors
According to the 2025 annual accounts
Director · represented by Bart Gijsemans
since 2022 · until 2027
since 2022 · until 2027
Director · represented by Frank Van Gestel
since 2022 · until 2027
Shareholders
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Smallandlaan 37
2660 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.810.754
- VAT number
- BE 0462.810.754
- Registered office
- Smallandlaan 37, 2660 Antwerpen
- Names & denominations
- COVERA PACKAGING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1998
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
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