Financials
Financial year 2025
COVERTO from Kruisem, company number BE0655876485, closed financial year 2025 with a result of € 153,037 after tax. For that financial year COVERTO recorded a gross margin of € 323,424 and equity of € 80,345. Compared with financial year 2024, the result moved from € 117,621 to € 153,037. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 80,345
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,037
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 230,506
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 176,036 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 72,776
▲ 60% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 85,455
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 55,061
▲ 35% vs 2024
€ 15,042 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 26,652
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,129
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 231,343 | € 204,848 | € 246,166 | € 323,424 | ▲ 31% |
| Profit after taxes | € 135,829 | € 112,359 | € 117,621 | € 153,037 | ▲ 30% |
| Equity | € 103,523 | € 103,344 | € 103,344 | € 80,345 | ▼ 22% |
| Total debts | € 171,242 | € 254,100 | € 245,232 | € 369,353 | ▲ 51% |
| Cash | € 167,730 | € 130,733 | € 116,963 | € 230,506 | ▲ 97% |
| Retained profit | € 84,973 | € 84,794 | € 84,794 | € 61,795 | ▼ 27% |
| Dividend | € 135,829 | € 112,538 | € 117,621 | € 176,036 | ▲ 50% |
| Bank debt | € 1,345 | € 51,321 | € 40,820 | € 55,061 | ▲ 35% |
| Balance sheet total | € 274,765 | € 357,444 | € 348,576 | € 449,698 | ▲ 29% |
Key figures of COVERTO, 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 COVERTO?
What happened at COVERTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 153,037 (▲ 30% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 135,829 profit in 2022 to € 153,037 profit in 2025.
Paid € 153,879 in corporate taxes since 2022.
Best year ever: 2025, with € 153,037 profit.
Paid out € 542,023 in dividends to the owners in total.
A new publication or filing at COVERTO? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Fréderik Belin
Director
Establishments
Establishment units
Physical locations of this company
Industriezone(KRU) 28B
9770 Kruisem
Industriezone(KRU) 28b
9770 Kruisem
Active since 2 June 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0655.876.485
- VAT number
- BE 0655.876.485
- Registered office
- Industriezone(KRU) 28B, 9770 Kruisem
- Names & denominations
- COVERTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2016
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- coverto.be
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