Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Covani from Waregem, company number BE0505968034, closed financial year 2025 with a result of € 163,191 after tax. For that financial year Covani recorded a gross margin of € 232,164 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 152,820 to € 163,191. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 1.4 million
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,191
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 71,718
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,258 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 792
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 895
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,815
▲ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 207,886 | € 222,560 | € 207,541 | € 232,164 | ▲ 12% |
| Profit after taxes | € 130,882 | € 151,694 | € 152,820 | € 163,191 | ▲ 7% |
| Equity | € 2,033,440 | € 2,185,134 | € 2,337,954 | € 1,447,888 | ▼ 38% |
| Total debts | € 54,685 | € 37,080 | € 33,187 | € 153,842 | ▲ € 120,655 |
| Cash | - | € 870,215 | € 106,902 | € 71,718 | ▼ 33% |
| Land & buildings | € 241,765 | € 234,073 | € 226,379 | € 219,126 | ▼ 3% |
| Retained profit | € 942,440 | € 1,094,134 | € 1,246,954 | € 1,397,888 | ▲ 12% |
| Dividend | € 0 | € 0 | € 0 | € 12,258 | |
| Balance sheet total | € 2,088,125 | € 2,222,214 | € 2,371,141 | € 1,601,730 | ▼ 32% |
Key figures of Covani, 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 April 2027.
What happened to Covani?
What happened at Covani in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 163,191 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 130,882 profit in 2022 to € 163,191 profit in 2025.
Paid € 280,510 in corporate taxes since 2022.
Best year ever: 2025, with € 163,191 profit.
Paid out € 12,258 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Hoogmolenstraat 87
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.968.034
- VAT number
- BE 0505.968.034
- Registered office
- Hoogmolenstraat 87, 8790 Waregem
- Names & denominations
- Covani
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2014
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
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