COVAN is a property company in Dilsen-Stokkem. Private Limited, started on 27 March 2003, 1 establishment.

What is the address of COVAN?

The registered office of COVAN is located at Allemansweg 33, 3650 Dilsen-Stokkem.

Is COVAN still active?

Yes. According to the CBE (2 November 2026) COVAN is active, legal situation “Normale toestand”, started on 27 March 2003.

Is COVAN registered on Peppol?

Yes, COVAN is registered on the Peppol network with ID 0208:0479849201.

What is the enterprise number of COVAN?

The enterprise number of COVAN is BE0479849201.

When was COVAN founded?

COVAN was founded on 27 March 2003.

Who are the directors of COVAN?

According to the 2025 annual accounts, the directors of COVAN are: Daniel Michel Vanwetswinkel.

Is COVAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 2003; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did COVAN make in 2025?

COVAN recorded a loss after taxes of € 12,389 in financial year 2025.

What is the revenue of COVAN?

As a small company, COVAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 31,046.

How many employees does COVAN have?

According to the 2025 annual accounts, COVAN has 0 full-time equivalents (FTE).

COVAN (Private Limited) - Dilsen-Stokkem - BE0479849201

Dossier COVAN, printed on 2 November 2026 from databakkes.be/en/0479849201/covan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COVAN from Dilsen-Stokkem, company number BE0479849201, closed financial year 2025 with a result of € -12,389 after tax. For that financial year COVAN recorded a gross margin of € 31,046 and equity of € -8,817. Compared with financial year 2024, the result moved from € -3,209 to € -12,389. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2026.

What it is worth Caution

€ -8,817

▼ € 12,389 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -12,389

▼ 286 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,484

▼ 10% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -27,817.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 201,804

▼ 9% vs 2024

€ 20,138 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Taxes

€ 4,442

▲ € 4,297 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 22,802 Gross margin 2022: € 22,802 First fiscal year in the series	€ 21,137 Gross margin 2023: € 21,137 ▼ 7% vs 2022 (€ 22,802) Unfavourable step	€ 25,191 Gross margin 2024: € 25,191 ▲ 19% vs 2023 (€ 21,137) Favourable step	€ 31,046 Gross margin 2025: € 31,046 ▲ 23% vs 2024 (€ 25,191) Favourable step	▲ 23%
Profit after taxes	€ 2,691 Profit after taxes 2022: € 2,691 First fiscal year in the series	€ 1,072 Profit after taxes 2023: € 1,072 ▼ 60% vs 2022 (€ 2,691) Unfavourable step	€ -3,209 Profit after taxes 2024: € -3,209 ▼ € 4,282 vs 2023 (€ 1,072) Unfavourable step	€ -12,389 Profit after taxes 2025: € -12,389 ▼ € 9,180 vs 2024 (€ -3,209) Unfavourable step	▼ € 9,180
Equity	€ 5,709 Equity 2022: € 5,709 First fiscal year in the series	€ 6,781 Equity 2023: € 6,781 ▲ 19% vs 2022 (€ 5,709) Favourable step	€ 3,572 Equity 2024: € 3,572 ▼ 47% vs 2023 (€ 6,781) Unfavourable step	€ -8,817 Equity 2025: € -8,817 ▼ € 12,389 vs 2024 (€ 3,572) Unfavourable step	▼ € 12,389
Total debts	€ 289,105 Total debts 2022: € 289,105 First fiscal year in the series	€ 269,412 Total debts 2023: € 269,412 ▼ 7% vs 2022 (€ 289,105) Favourable step	€ 558,114 Total debts 2024: € 558,114 ▲ 107% vs 2023 (€ 269,412) Unfavourable step	€ 543,202 Total debts 2025: € 543,202 ▼ 3% vs 2024 (€ 558,114) Favourable step	▼ 3%
Cash	€ 1,244 Cash 2022: € 1,244 First fiscal year in the series	€ 1,255 Cash 2023: € 1,255 ▲ 1% vs 2022 (€ 1,244) Favourable step	€ 3,864 Cash 2024: € 3,864 ▲ 208% vs 2023 (€ 1,255) Favourable step	€ 3,484 Cash 2025: € 3,484 ▼ 10% vs 2024 (€ 3,864) Unfavourable step	▼ 10%
Land & buildings	€ 290,616 Land & buildings 2022: € 290,616 First fiscal year in the series	€ 274,938 Land & buildings 2023: € 274,938 ▼ 5% vs 2022 (€ 290,616) Unchanged	€ 557,794 Land & buildings 2024: € 557,794 ▲ 103% vs 2023 (€ 274,938) Unchanged	€ 526,869 Land & buildings 2025: € 526,869 ▼ 6% vs 2024 (€ 557,794) Unchanged	▼ 6%
Retained profit	€ -13,291 Retained profit 2022: € -13,291 First fiscal year in the series	€ -12,219 Retained profit 2023: € -12,219 ▲ € 1,072 vs 2022 (€ -13,291) Favourable step	€ -15,428 Retained profit 2024: € -15,428 ▼ € 3,209 vs 2023 (€ -12,219) Unfavourable step	€ -27,817 Retained profit 2025: € -27,817 ▼ € 12,389 vs 2024 (€ -15,428) Unfavourable step	▼ € 12,389
Bank debt	€ 260,486 Bank debt 2022: € 260,486 First fiscal year in the series	€ 241,210 Bank debt 2023: € 241,210 ▼ 7% vs 2022 (€ 260,486) Favourable step	€ 221,651 Bank debt 2024: € 221,651 ▼ 8% vs 2023 (€ 241,210) Favourable step	€ 201,804 Bank debt 2025: € 201,804 ▼ 9% vs 2024 (€ 221,651) Favourable step	▼ 9%
Balance sheet total	€ 294,814 Balance sheet total 2022: € 294,814 First fiscal year in the series	€ 276,194 Balance sheet total 2023: € 276,194 ▼ 6% vs 2022 (€ 294,814) Unchanged	€ 561,686 Balance sheet total 2024: € 561,686 ▲ 103% vs 2023 (€ 276,194) Unchanged	€ 534,385 Balance sheet total 2025: € 534,385 ▼ 5% vs 2024 (€ 561,686) Unchanged	▼ 5%

Key figures of COVAN, 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 COVAN?

What happened at COVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 8, 2026 New annual accounts for financial year 2025: loss of € 12,389. filed late Source: NBB ↗
Apr 24, 2003 New establishment in Dilsen-Stokkem. KBO
Mar 27, 2003 Start of the company according to the CBE. KBO

In short

From € 2,691 profit in 2022 to € 12,389 loss in 2025.

Best year ever: 2022, with € 2,691 profit.

Original PDFs at the National Bank ↗

Management

DAVACO 100%

The stake of DAVACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COVAN

Behind COVAN is Daniel Michel Vanwetswinkel. The shares are held by DAVACO (100%).

Directors

According to the 2025 annual accounts

Daniel Michel Vanwetswinkel

Director

Also active at: DAVACO, SolarPower Partners

Shareholders

DAVACO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Allemansweg 33

3650 Dilsen-Stokkem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

DAVACO same network

€ 8,777 gross margin · 2025

E-Power Belgium

€ -3,307 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0479.849.201
VAT number: BE 0479.849.201
Registered office: Allemansweg 33, 3650 Dilsen-Stokkem
Names & denominations: COVAN
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 27 March 2003
Peppol: Active · Active since 23 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗