Financials
Financial year 2025
Sloopwerken Covemacker from Moorslede, company number BE0683491494, closed financial year 2025 with a result of € 249,433 after tax. For that financial year Sloopwerken Covemacker recorded a gross margin of € 501,420 and equity of € 876,453. Compared with financial year 2024, the result moved from € 91,171 to € 249,433. 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 July 24, 2026.
€ 876,453
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 249,433
▲ 174% vs 2024
Profit after tax over the fiscal year.
€ 315,313
▲ 247% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 8,944
▼ 7% 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.
€ 327,227
▲ 59% vs 2024
Of which on lease € 198,077.
Debts at end 2025
€ 291,111
▲ 97% vs 2024
€ 80,588 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 173,651
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,727
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 327,540 | € 256,551 | € 287,222 | € 501,420 | ▲ 75% |
| Profit after taxes | € 92,212 | € 88,534 | € 91,171 | € 249,433 | ▲ 174% |
| Equity | € 488,981 | € 577,515 | € 628,685 | € 876,453 | ▲ 39% |
| Total debts | € 455,238 | € 331,970 | € 378,178 | € 540,910 | ▲ 43% |
| Cash | € 89,913 | € 160,338 | € 90,817 | € 315,313 | ▲ 247% |
| Retained profit | € 470,381 | € 558,915 | € 610,085 | € 857,853 | ▲ 41% |
| Dividend | € 0 | € 0 | € 40,000 | € 1,666 | ▼ 96% |
| Bank debt | € 228,656 | € 145,349 | € 147,689 | € 291,111 | ▲ 97% |
| Balance sheet total | € 944,219 | € 909,485 | € 1,006,863 | € 1,417,363 | ▲ 41% |
Key figures of Sloopwerken Covemacker, 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 Sloopwerken Covemacker?
What happened at Sloopwerken Covemacker in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 249,433 (▲ 174% vs 2024). Source: NBB ↗
- New establishment in Moorslede. KBO
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,212 profit in 2022 to € 249,433 profit in 2025.
Paid € 178,767 in corporate taxes since 2022.
Best year ever: 2025, with € 249,433 profit.
Paid out € 41,666 in dividends to the owners in total.
Management
Behind Sloopwerken Covemacker are Thijs COVEMACKER, Stijn COVEMACKER and Marniek COVEMACKER.
Directors
According to the 2025 annual accounts
Thijs COVEMACKER
Director
Stijn COVEMACKER
Director
Marniek COVEMACKER
Director
Establishments
Establishment units
Physical locations of this company
Weststraat 42
8890 Moorslede
Vagevuurstraat 3
8890 Moorslede
Active since 18 October 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.491.494
- VAT number
- BE 0683.491.494
- Registered office
- Weststraat 42, 8890 Moorslede
- Names & denominations
- Sloopwerken Covemacker
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2017
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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