Financials
Financial year 2025
COVER TRADING from Izegem, company number BE0537331993, closed financial year 2025 with a result of € 32,555 after tax. For that financial year COVER TRADING recorded a gross margin of € 82,141 and equity of € 179,391. Compared with financial year 2024, the result moved from € 49,355 to € 32,555. 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 January 14, 2026.
€ 179,391
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,555
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 37,253
▲ 18% 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 € 166,991.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 100,488
▲ € 76,879 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,434
€ 19,240 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,731
▲ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,868
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,395 | € 80,576 | € 84,019 | € 82,141 | ▼ 2% |
| Profit after taxes | € 46,840 | € 19,518 | € 49,355 | € 32,555 | ▼ 34% |
| Equity | € 77,963 | € 97,481 | € 146,836 | € 179,391 | ▲ 22% |
| Total debts | € 67,198 | € 64,255 | € 42,171 | € 118,109 | ▲ 180% |
| Cash | € 3,575 | € 36,544 | € 31,573 | € 37,253 | ▲ 18% |
| Retained profit | € 65,563 | € 85,081 | € 134,436 | € 166,991 | ▲ 24% |
| Bank debt | € 34,746 | € 15,888 | € 0 | € 84,434 | |
| Balance sheet total | € 145,160 | € 161,736 | € 189,007 | € 297,500 | ▲ 57% |
Key figures of COVER TRADING, 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 COVER TRADING?
What happened at COVER TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,555 (▼ 34% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- Corey Verstraete became a director. NBB
In short
From € 46,840 profit in 2022 to € 32,555 profit in 2025.
Paid € 91,627 in corporate taxes since 2022.
Best year ever: 2024, with € 49,355 profit.
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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
Behind COVER TRADING is Corey Verstraete.
Directors
According to the 2025 annual accounts
Corey Verstraete
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Geitestraat 48
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.331.993
- VAT number
- BE 0537.331.993
- Registered office
- Geitestraat 48, 8870 Izegem
- Names & denominations
- COVER TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 2013
- Peppol
- Active · Active since 20 Mar 2024
- Activities · NACE
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