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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
COVABOUW from Wielsbeke, company number BE0675703087, closed financial year 2025 with a result of € -40,326 after tax. For that financial year COVABOUW recorded a gross margin of € -18,042 and equity of € 46,581. Compared with financial year 2024, the result moved from € -46,459 to € -40,326. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 46,581
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,326
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 371
▲ 166% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,581.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 866,306
Supplier invoices still open on the last day of the fiscal year.
€ 1,532
▼ 73% 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 | € 210,255 | € 1,458 | € -32,612 | € -18,042 | ▲ € 14,570 |
| Profit after taxes | € 135,476 | € -16,297 | € -46,459 | € -40,326 | ▲ € 6,133 |
| Equity | € 149,663 | € 133,367 | € 86,908 | € 46,581 | ▼ 46% |
| Total debts | € 920,277 | € 1,074,929 | € 1,136,123 | € 1,107,503 | ▼ 3% |
| Cash | € 79,101 | € 1,746 | € 140 | € 371 | ▲ 166% |
| Retained profit | € 139,663 | € 123,367 | € 76,908 | € 36,581 | ▼ 52% |
| Bank debt | € 3,241 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,069,940 | € 1,208,295 | € 1,223,030 | € 1,154,084 | ▼ 6% |
Key figures of COVABOUW, 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 October 2026.
What happened to COVABOUW?
What happened at COVABOUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,326. Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 135,476 profit in 2022 to € 40,326 loss in 2025.
Paid € 48,691 in corporate taxes since 2022.
Best year ever: 2022, with € 135,476 profit.
Establishments
Establishment units
Physical locations of this company
Vijvedreef(S.B.V.) 123
8710 Wielsbeke
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
- 0675.703.087
- VAT number
- BE 0675.703.087
- Registered office
- Vijvedreef(S.B.V.) 123, 8710 Wielsbeke
- Names & denominations
- COVABOUW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2017
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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