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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CoVan Bouwgroep from Evergem, company number BE0683439333, closed financial year 2024 with a result of € -68,411 after tax. For that financial year CoVan Bouwgroep recorded a gross margin of € -36,456 and equity of € -158,481. Compared with financial year 2023, the result moved from € -29,191 to € -68,411. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2025.
€ -158,481
▼ € 68,411 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,411
▼ 134 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,481.
Debts at end 2024
€ 81,901
▼ 15% vs 2023
Loans from banks and other lenders, long and short.
€ 473,704
▲ 103% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 34,911
▲ € 33,416 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -108,861 | € -109,555 | € -2,727 | € -36,456 | ▼ € 33,729 |
| Profit after taxes | € -176,266 | € -166,860 | € -29,191 | € -68,411 | ▼ € 39,220 |
| Equity | € 105,981 | € -60,878 | € -90,070 | € -158,481 | ▼ € 68,411 |
| Total debts | € 1,560,368 | € 376,536 | € 780,130 | € 1,140,103 | ▲ 46% |
| Cash | € 0 | € 18,884 | € 0 | - | |
| Retained profit | € 70,981 | € -95,878 | € -125,070 | € -193,481 | ▼ € 68,411 |
| Bank debt | € 985,683 | € 128,264 | € 96,327 | € 81,901 | ▼ 15% |
| Balance sheet total | € 1,666,349 | € 315,658 | € 690,060 | € 981,622 | ▲ 42% |
Key figures of CoVan Bouwgroep, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CoVan Bouwgroep?
What happened at CoVan Bouwgroep in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 68,411. Source: NBB ↗
- New establishment in Evergem. KBO
- Mathias Cooreman became a director. NBB
- Bart Van Hecke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 176,266 loss in 2021 to € 68,411 loss in 2024.
Paid € 1,602 in corporate taxes since 2021.
Management
Behind CoVan Bouwgroep are Mathias Cooreman and Bart Van Hecke. Mathias Cooreman is also behind iFinco, Montr and Callant Credits.
Directors
According to the 2024 annual accounts
since 2017
Bart Van Hecke
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Dorpsplein 2
9940 Evergem
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
- 0683.439.333
- VAT number
- BE 0683.439.333
- Registered office
- Dorpsplein 2, 9940 Evergem
- Names & denominations
- CoVan Bouwgroep
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2017
- Peppol
- Active · Active since 6 Oct 2026
- Activities · NACE
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