Financials
Financial year 2025
KOVEBELO from Gent, company number BE0636985439, closed financial year 2025 with a result of € 44,716 after tax. For that financial year KOVEBELO recorded a gross margin of € 61,259 and equity of € 537,385. Compared with financial year 2024, the result moved from € 29,856 to € 44,716. Profitable, and profit is growing. 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 5, 2026.
€ 537,385
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,716
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 22,364
▼ 76% 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 € 531,185.
People and assets in 2025
€ 24,941
▲ 148% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,089
▲ 261% vs 2024
€ 4,722 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 540
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,843
▼ 13% 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 | € 76,571 | € 28,037 | € 42,246 | € 61,259 | ▲ 45% |
| Profit after taxes | € 57,659 | € 14,533 | € 29,856 | € 44,716 | ▲ 50% |
| Equity | € 509,654 | € 462,812 | € 492,668 | € 537,385 | ▲ 9% |
| Total debts | € 120,015 | € 73,547 | € 22,091 | € 27,472 | ▲ 24% |
| Cash | € 21,687 | € 114,220 | € 94,367 | € 22,364 | ▼ 76% |
| Land & buildings | € 8,251 | € 7,909 | € 7,567 | € 7,226 | ▼ 5% |
| Retained profit | € 503,454 | € 456,612 | € 486,468 | € 531,185 | ▲ 9% |
| Dividend | € 0 | € 61,374 | € 0 | € 0 | |
| Bank debt | € 38,885 | € 6,123 | € 4,184 | € 15,089 | ▲ 261% |
| Balance sheet total | € 629,668 | € 536,360 | € 514,760 | € 564,857 | ▲ 10% |
Key figures of KOVEBELO, 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 KOVEBELO?
What happened at KOVEBELO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,716 (▲ 50% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Koen De Wit became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 57,659 profit in 2022 to € 44,716 profit in 2025.
Paid € 68,766 in corporate taxes since 2022.
Best year ever: 2022, with € 57,659 profit.
Paid out € 61,374 in dividends to the owners in total.
Management
Behind KOVEBELO is Koen De Wit.
Directors
According to the 2025 annual accounts
Koen De Wit
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Jean Delorilaan 13
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0636.985.439
- VAT number
- BE 0636.985.439
- Registered office
- Jean Delorilaan 13, 9050 Gent
- Names & denominations
- KOVEBELO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2015
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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Detailhandel in huismeubilair in gespecialiseerde winkels
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