What is the address of The Cove Group?

The registered office of The Cove Group is located at Verbeetweg 66, 1980 Zemst.

Is The Cove Group still active?

Yes. According to the CBE (30 October 2026) The Cove Group is active, legal situation “Normale toestand”, started on 17 July 2015.

Is The Cove Group registered on Peppol?

Yes, The Cove Group is registered on the Peppol network with ID 0208:0633929246.

What is the enterprise number of The Cove Group?

The enterprise number of The Cove Group is BE0633929246.

When was The Cove Group founded?

The Cove Group was founded on 17 July 2015.

Who are the directors of The Cove Group?

According to the 2025 annual accounts, the directors of The Cove Group are: Steffi Verheyden, Tom Coen.

Is The Cove Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 July 2015; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did The Cove Group make in 2025?

The Cove Group posted a profit after taxes of € 44,086 in financial year 2025.

What is the revenue of The Cove Group?

As a small company, The Cove Group is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 473,522.

How many employees does The Cove Group have?

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

The Cove Group (Private Limited) - Zemst - BE0633929246

Q: What does The Cove Group do?

The Cove Group is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 17 July 2015, 1 establishment.

Dossier The Cove Group, printed on 30 October 2026 from databakkes.be/en/0633929246/the-cove-group. 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.

Tight liquidity NBB

Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

The Cove Group from Zemst, company number BE0633929246, closed financial year 2025 with a result of € 44,086 after tax. For that financial year The Cove Group recorded a gross margin of € 473,522 and equity of € 184,836. Compared with financial year 2024, the result moved from € 13,050 to € 44,086. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Growing

€ 184,836

▲ 31% vs 2024

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

Profit Growing

€ 44,086

▲ 238% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 88,182

▼ 9% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 90,195.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 16,375

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 22 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.

€ 2.9 million

▲ 118% vs 2024

€ 126,295 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.

Owed to suppliers

€ 66,120

▲ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 56,434

▲ 5% 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	€ 8,062 Gross margin 2022: € 8,062 First fiscal year in the series	€ 52,685 Gross margin 2023: € 52,685 ▲ € 44,623 vs 2022 (€ 8,062) Favourable step	€ 456,327 Gross margin 2024: € 456,327 ▲ € 403,642 vs 2023 (€ 52,685) Favourable step	€ 473,522 Gross margin 2025: € 473,522 ▲ 4% vs 2024 (€ 456,327) Favourable step	▲ 4%
Profit after taxes	€ 11,914 Profit after taxes 2022: € 11,914 First fiscal year in the series	€ 23,822 Profit after taxes 2023: € 23,822 ▲ 100% vs 2022 (€ 11,914) Favourable step	€ 13,050 Profit after taxes 2024: € 13,050 ▼ 45% vs 2023 (€ 23,822) Unfavourable step	€ 44,086 Profit after taxes 2025: € 44,086 ▲ 238% vs 2024 (€ 13,050) Favourable step	▲ 238%
Equity	€ 103,879 Equity 2022: € 103,879 First fiscal year in the series	€ 127,700 Equity 2023: € 127,700 ▲ 23% vs 2022 (€ 103,879) Favourable step	€ 140,751 Equity 2024: € 140,751 ▲ 10% vs 2023 (€ 127,700) Favourable step	€ 184,836 Equity 2025: € 184,836 ▲ 31% vs 2024 (€ 140,751) Favourable step	▲ 31%
Total debts	€ 502,271 Total debts 2022: € 502,271 First fiscal year in the series	€ 742,148 Total debts 2023: € 742,148 ▲ 48% vs 2022 (€ 502,271) Unfavourable step	€ 2,145,612 Total debts 2024: € 2,145,612 ▲ 189% vs 2023 (€ 742,148) Unfavourable step	€ 3,473,187 Total debts 2025: € 3,473,187 ▲ 62% vs 2024 (€ 2,145,612) Unfavourable step	▲ 62%
Cash	€ 12,694 Cash 2022: € 12,694 First fiscal year in the series	€ 4,371 Cash 2023: € 4,371 ▼ 66% vs 2022 (€ 12,694) Unfavourable step	€ 97,129 Cash 2024: € 97,129 ▲ € 92,758 vs 2023 (€ 4,371) Favourable step	€ 88,182 Cash 2025: € 88,182 ▼ 9% vs 2024 (€ 97,129) Unfavourable step	▼ 9%
Land & buildings	€ 109,620 Land & buildings 2022: € 109,620 First fiscal year in the series	€ 109,620 Land & buildings 2023: € 109,620 Unchanged (€ 109,620) Unchanged	€ 1,287,389 Land & buildings 2024: € 1,287,389 ▲ € 1.2 million vs 2023 (€ 109,620) Unchanged	€ 1,133,781 Land & buildings 2025: € 1,133,781 ▼ 12% vs 2024 (€ 1,287,389) Unchanged	▼ 12%
Retained profit	€ 9,238 Retained profit 2022: € 9,238 First fiscal year in the series	€ 33,059 Retained profit 2023: € 33,059 ▲ 258% vs 2022 (€ 9,238) Favourable step	€ 46,110 Retained profit 2024: € 46,110 ▲ 39% vs 2023 (€ 33,059) Favourable step	€ 90,195 Retained profit 2025: € 90,195 ▲ 96% vs 2024 (€ 46,110) Favourable step	▲ 96%
Bank debt	€ 300,000 Bank debt 2022: € 300,000 First fiscal year in the series	€ 300,000 Bank debt 2023: € 300,000 Unchanged (€ 300,000) Unchanged	€ 1,325,708 Bank debt 2024: € 1,325,708 ▲ € 1 million vs 2023 (€ 300,000) Unfavourable step	€ 2,894,767 Bank debt 2025: € 2,894,767 ▲ 118% vs 2024 (€ 1,325,708) Unfavourable step	▲ 118%
Balance sheet total	€ 606,149 Balance sheet total 2022: € 606,149 First fiscal year in the series	€ 869,848 Balance sheet total 2023: € 869,848 ▲ 44% vs 2022 (€ 606,149) Unchanged	€ 2,286,363 Balance sheet total 2024: € 2,286,363 ▲ 163% vs 2023 (€ 869,848) Unchanged	€ 3,658,023 Balance sheet total 2025: € 3,658,023 ▲ 60% vs 2024 (€ 2,286,363) Unchanged	▲ 60%

Key figures of The Cove Group, 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 The Cove Group?

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

Aug 27, 2026 New annual accounts for financial year 2025: profit of € 44,086 (▲ 238% vs 2024). filed late Source: NBB ↗
Jul 17, 2015 New establishment in Zemst. KBO
Jul 17, 2015 Start of the company according to the CBE. KBO

In short

From € 11,914 profit in 2022 to € 44,086 profit in 2025.

Paid € 46,515 in corporate taxes since 2022.

Best year ever: 2025, with € 44,086 profit.

Original PDFs at the National Bank ↗

Management

Steffi Verheyden Tom Coen

The Cove Group

PROMETHEUS

Octiva Development

Octinion Technology Group

Behind The Cove Group are Steffi Verheyden and Tom Coen. Tom Coen is also behind PROMETHEUS, Octiva Development, Octinion Technology Group, Cogitamus and LCT.

Directors

According to the 2025 annual accounts

Steffi Verheyden

Director

Tom Coen

Director

Also active at: PROMETHEUS, Octiva Development, Octinion Technology Group, Cogitamus, LCT, Octiva Belgium, RIPE ROBOTICS

Establishments

Establishment units

Physical locations of this company

Registered office

Verbeetweg 66

1980 Zemst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

WODAN VENTURES

COVE

Cogitamus same network

€ 95,449 gross margin · 2025

LCT same network

€ 115,638 gross margin · 2025

FRIGG VENTURES

+2 more

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

Details

Company number

0633.929.246

VAT number

BE 0633.929.246

Registered office

Verbeetweg 66, 1980 Zemst

Names & denominations

The Cove Group

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 July 2015

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van holdings

Ontwikkeling van niet-residentiële bouwprojecten

Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen

Beoefening van uitvoerende kunsten door artistieke ensembles

Fokken en houden van paarden en andere paardachtigen

Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

The Cove Group

Warning lights

Financials

What happened to The Cove Group?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions