Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COVATEC from Stekene, company number BE0725802401, closed financial year 2025 with a result of € 42,698 after tax. For that financial year COVATEC recorded a gross margin of € 64,921 and equity of € 36,298. Compared with financial year 2024, the result moved from € 45,155 to € 42,698. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 36,298
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,698
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 37,354
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 47,959 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 14,046
▲ 130% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,205
▲ € 1,707 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,313
▲ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,233 | € 65,517 | € 60,151 | € 64,921 | ▲ 8% |
| Profit after taxes | € 22,360 | € 47,805 | € 45,155 | € 42,698 | ▼ 5% |
| Equity | € 104,528 | € 21,405 | € 41,559 | € 36,298 | ▼ 13% |
| Total debts | € 13,930 | € 110,375 | € 53,295 | € 87,363 | ▲ 64% |
| Cash | € 56,158 | € 28,227 | € 27,608 | € 37,354 | ▲ 35% |
| Retained profit | € 85,928 | € 2,805 | € 22,959 | € 17,698 | ▼ 23% |
| Dividend | € 0 | € 130,928 | € 25,000 | € 47,959 | ▲ 92% |
| Balance sheet total | € 118,458 | € 131,779 | € 94,855 | € 123,661 | ▲ 30% |
Key figures of COVATEC, 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 COVATEC?
What happened at COVATEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,698 (▼ 5% vs 2024). Source: NBB ↗
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
- Jérôme Van Bever became a director. NBB
In short
From € 22,360 profit in 2022 to € 42,698 profit in 2025.
Paid € 50,391 in corporate taxes since 2022.
Best year ever: 2023, with € 47,805 profit.
Paid out € 203,887 in dividends to the owners in total.
A new publication or filing at COVATEC? 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
Jérôme Van Bever
Bestuurder
since 2019
Establishments
Establishment units
Physical locations of this company
Bormte(STE) 32
9190 Stekene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0725.802.401
- VAT number
- BE 0725.802.401
- Registered office
- Bormte(STE) 32, 9190 Stekene
- Names & denominations
- COVATEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2019
- Peppol
- Active · Active since 8 Sept 2026
- Activities · NACE
Reparatie en onderhoud van machines
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