What does Covalens do?

Covalens is an IT company in Kontich. Public Limited, started on 21 June 2017, 1 establishment.

What is the address of Covalens?

The registered office of Covalens is located at Prins Boudewijnlaan 24C, 2550 Kontich.

Is Covalens still active?

Yes. According to the CBE (29 October 2026) Covalens is active, legal situation “Normale toestand”, started on 21 June 2017.

Is Covalens registered on Peppol?

Yes, Covalens is registered on the Peppol network with ID 0208:0677419096.

What is the enterprise number of Covalens?

The enterprise number of Covalens is BE0677419096.

When was Covalens founded?

Covalens was founded on 21 June 2017.

Who are the directors of Covalens?

According to the 2025 annual accounts, the directors of Covalens are: De Cronos Groep NV, Peter Hellemans, Josephus de Wit.

Is Covalens a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 June 2017; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Covalens make in 2025?

Covalens posted a profit after taxes of € 415,779 in financial year 2025.

What is the revenue of Covalens?

In its most recent annual accounts (2025), Covalens reported revenue of € 7,241,205.

How much does an employee at Covalens earn?

The average wage cost per full-time employee at Covalens was € 54,800 in 2025: staff costs of € 54,829 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Covalens have?

According to the 2025 annual accounts, Covalens has 1 full-time equivalents (FTE).

Covalens (Public Limited) - Kontich - BE0677419096

Dossier Covalens, printed on 29 October 2026 from databakkes.be/en/0677419096/covalens. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Covalens from Kontich, company number BE0677419096, closed financial year 2025 with a result of € 415,779 after tax. For that financial year Covalens recorded revenue of € 7.2 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 628,921 to € 415,779. 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 August 24, 2026.

What it is worth Growing

€ 1.1 million

▲ 62% vs 2024

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

Profit Healthy

€ 415,779

▼ 34% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,588

▲ 12% 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 € 590,923.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 54,829

€ 54,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 876,471

▼ 61% vs 2024

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

Taxes and wages

€ 87,540

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,652,545 Revenue 2022: € 6,652,545 First fiscal year in the series	€ 7,193,391 Revenue 2023: € 7,193,391 ▲ 8% vs 2022 (€ 6,652,545) Favourable step	€ 9,297,204 Revenue 2024: € 9,297,204 ▲ 29% vs 2023 (€ 7,193,391) Favourable step	€ 7,241,205 Revenue 2025: € 7,241,205 ▼ 22% vs 2024 (€ 9,297,204) Unfavourable step	▼ 22%
Gross margin	€ 343,274 Gross margin 2022: € 343,274 First fiscal year in the series	€ -518,661 Gross margin 2023: € -518,661 ▼ € 861,935 vs 2022 (€ 343,274) Unfavourable step	€ 683,888 Gross margin 2024: € 683,888 ▲ € 1.2 million vs 2023 (€ -518,661) Favourable step	€ 631,262 Gross margin 2025: € 631,262 ▼ 8% vs 2024 (€ 683,888) Unfavourable step	▼ 8%
Profit after taxes	€ 200,562 Profit after taxes 2022: € 200,562 First fiscal year in the series	€ -681,653 Profit after taxes 2023: € -681,653 ▼ € 882,215 vs 2022 (€ 200,562) Unfavourable step	€ 628,921 Profit after taxes 2024: € 628,921 ▲ € 1.3 million vs 2023 (€ -681,653) Favourable step	€ 415,779 Profit after taxes 2025: € 415,779 ▼ 34% vs 2024 (€ 628,921) Unfavourable step	▼ 34%
Equity	€ 727,877 Equity 2022: € 727,877 First fiscal year in the series	€ 46,223 Equity 2023: € 46,223 ▼ 94% vs 2022 (€ 727,877) Unfavourable step	€ 675,144 Equity 2024: € 675,144 ▲ € 628,921 vs 2023 (€ 46,223) Favourable step	€ 1,090,923 Equity 2025: € 1,090,923 ▲ 62% vs 2024 (€ 675,144) Favourable step	▲ 62%
Total debts	€ 1,286,637 Total debts 2022: € 1,286,637 First fiscal year in the series	€ 2,155,274 Total debts 2023: € 2,155,274 ▲ 68% vs 2022 (€ 1,286,637) Unfavourable step	€ 2,376,349 Total debts 2024: € 2,376,349 ▲ 10% vs 2023 (€ 2,155,274) Unfavourable step	€ 1,055,124 Total debts 2025: € 1,055,124 ▼ 56% vs 2024 (€ 2,376,349) Favourable step	▼ 56%
Cash	€ 5,547 Cash 2022: € 5,547 First fiscal year in the series	€ 5,004 Cash 2023: € 5,004 ▼ 10% vs 2022 (€ 5,547) Unfavourable step	€ 4,995 Cash 2024: € 4,995 Unchanged (€ 5,004) Unfavourable step	€ 5,588 Cash 2025: € 5,588 ▲ 12% vs 2024 (€ 4,995) Favourable step	▲ 12%
Retained profit	€ 227,877 Retained profit 2022: € 227,877 First fiscal year in the series	€ -453,777 Retained profit 2023: € -453,777 ▼ € 681,653 vs 2022 (€ 227,877) Unfavourable step	€ 175,144 Retained profit 2024: € 175,144 ▲ € 628,921 vs 2023 (€ -453,777) Favourable step	€ 590,923 Retained profit 2025: € 590,923 ▲ 237% vs 2024 (€ 175,144) Favourable step	▲ 237%
Balance sheet total	€ 2,014,514 Balance sheet total 2022: € 2,014,514 First fiscal year in the series	€ 2,201,497 Balance sheet total 2023: € 2,201,497 ▲ 9% vs 2022 (€ 2,014,514) Unchanged	€ 3,051,493 Balance sheet total 2024: € 3,051,493 ▲ 39% vs 2023 (€ 2,201,497) Unchanged	€ 2,146,047 Balance sheet total 2025: € 2,146,047 ▼ 30% vs 2024 (€ 3,051,493) Unchanged	▼ 30%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	-	1 Employees (FTE) 2025: 1 First fiscal year in the series

Key figures of Covalens, 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 Covalens?

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

2029 De Cronos Groep NV stepped down as director. NBB
2029 Peter Hellemans stepped down as director. NBB
2029 Josephus de Wit stepped down as director. NBB
Aug 24, 2026 New annual accounts for financial year 2025: profit of € 415,779 (▼ 34% vs 2024). filed late Source: NBB ↗
2023 De Cronos Groep NV became a director. NBB
2023 Peter Hellemans became a director. NBB
2023 Josephus de Wit became a director. NBB
Jun 21, 2017 New establishment in Kontich. KBO

In short

From € 200,562 profit in 2022 to € 415,779 profit in 2025.

Paid € 197,606 in corporate taxes since 2022.

Best year ever: 2024, with € 628,921 profit.

On average € 631,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

De Cronos Groep NV 80%

Covalens

The shares are held by De Cronos Groep NV (80%).

Directors

According to the 2025 annual accounts

De Cronos Groep NV

Director · represented by Dirk Deroost

Also active at: RESIDENCE LES ONDES, FOCUS ADVERTISING, Cronos, EECKHOUT JAN, VENTIGRATE, CRONOS PUBLIC SERVICES, Customer Link, Obycron +444 more

since 2023 · until 2029

Peter Hellemans

Director

since 2023 · until 2029

Josephus de Wit

Director

since 2023 · until 2029

Shareholders

De Cronos Groep NV

80%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Prins Boudewijnlaan 24C

2550 Kontich

2.265.944.447

Veldkant 33 A

2550 Kontich

Active since 21 June 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

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

Details

Company number

0677.419.096

VAT number

BE 0677.419.096

Registered office

Prins Boudewijnlaan 24C, 2550 Kontich

Names & denominations

Covalens

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 June 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Covalens

Financials

What happened to Covalens?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions