What does Kovin Capital do?

Kovin Capital is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 22 April 2020, 1 establishment.

What is the address of Kovin Capital?

The registered office of Kovin Capital is located at Rendekensstraat(HEU) 92, 9070 Destelbergen.

Is Kovin Capital still active?

Yes. According to the CBE (16 September 2026) Kovin Capital is active, legal situation “Normale toestand”, started on 22 April 2020.

Is Kovin Capital registered on Peppol?

Yes, Kovin Capital is registered on the Peppol network with ID 0208:0746463302.

What is the enterprise number of Kovin Capital?

The enterprise number of Kovin Capital is BE0746463302.

When was Kovin Capital founded?

Kovin Capital was founded on 22 April 2020.

Who are the directors of Kovin Capital?

According to the 2025 annual accounts, the directors of Kovin Capital are: KOEN VERMEULEN.

Is Kovin Capital a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 April 2020; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Kovin Capital make in 2025?

Kovin Capital posted a profit after taxes of € 75,627 in financial year 2025.

What is the revenue of Kovin Capital?

As a small company, Kovin Capital is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 85,023.

Kovin Capital (Private Limited) - Destelbergen

Dossier Kovin Capital, printed on 16 September 2026 from databakkes.be/en/0746463302/kovin-capital. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Kovin Capital from Destelbergen, company number BE0746463302, closed financial year 2025 with a result of € 75,627 after tax. For that financial year Kovin Capital recorded a gross margin of € 85,023 and equity of € 43,402. Compared with financial year 2024, the result moved from € 68,820 to € 75,627. Profitable, and profit is growing. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.

What it is worth Shrank hard

€ 43,402

▼ 61% vs 2024

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

Profit Growing

€ 75,627

▲ 10% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,879

▼ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 144,447 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 23,563

▼ 35% vs 2024

Of which on lease € 9,889.

Debts at end 2025

Bank debt

€ 10,449

▼ 68% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5,885

▲ 20% vs 2024

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

Taxes and wages

€ 36,611

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 126,179 Gross margin 2022: € 126,179 First fiscal year in the series	€ 88,416 Gross margin 2023: € 88,416 ▼ 30% vs 2022 (€ 126,179) Unfavourable step	€ 122,495 Gross margin 2024: € 122,495 ▲ 39% vs 2023 (€ 88,416) Favourable step	€ 85,023 Gross margin 2025: € 85,023 ▼ 31% vs 2024 (€ 122,495) Unfavourable step	▼ 31%
Profit after taxes	€ 81,863 Profit after taxes 2022: € 81,863 First fiscal year in the series	€ 42,802 Profit after taxes 2023: € 42,802 ▼ 48% vs 2022 (€ 81,863) Unfavourable step	€ 68,820 Profit after taxes 2024: € 68,820 ▲ 61% vs 2023 (€ 42,802) Favourable step	€ 75,627 Profit after taxes 2025: € 75,627 ▲ 10% vs 2024 (€ 68,820) Favourable step	▲ 10%
Equity	€ 203,862 Equity 2022: € 203,862 First fiscal year in the series	€ 187,814 Equity 2023: € 187,814 ▼ 8% vs 2022 (€ 203,862) Unfavourable step	€ 112,222 Equity 2024: € 112,222 ▼ 40% vs 2023 (€ 187,814) Unfavourable step	€ 43,402 Equity 2025: € 43,402 ▼ 61% vs 2024 (€ 112,222) Unfavourable step	▼ 61%
Total debts	€ 183,721 Total debts 2022: € 183,721 First fiscal year in the series	€ 116,510 Total debts 2023: € 116,510 ▼ 37% vs 2022 (€ 183,721) Favourable step	€ 144,185 Total debts 2024: € 144,185 ▲ 24% vs 2023 (€ 116,510) Unfavourable step	€ 182,575 Total debts 2025: € 182,575 ▲ 27% vs 2024 (€ 144,185) Unfavourable step	▲ 27%
Cash	€ 107,741 Cash 2022: € 107,741 First fiscal year in the series	€ 34,057 Cash 2023: € 34,057 ▼ 68% vs 2022 (€ 107,741) Unfavourable step	€ 29,800 Cash 2024: € 29,800 ▼ 12% vs 2023 (€ 34,057) Unfavourable step	€ 10,879 Cash 2025: € 10,879 ▼ 63% vs 2024 (€ 29,800) Unfavourable step	▼ 63%
Retained profit	€ 203,262 Retained profit 2022: € 203,262 First fiscal year in the series	€ 187,214 Retained profit 2023: € 187,214 ▼ 8% vs 2022 (€ 203,262) Unfavourable step	€ 111,622 Retained profit 2024: € 111,622 ▼ 40% vs 2023 (€ 187,214) Unfavourable step	€ 42,802 Retained profit 2025: € 42,802 ▼ 62% vs 2024 (€ 111,622) Unfavourable step	▼ 62%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 58,850 Dividend 2023: € 58,850 Unchanged (€ 0) Unchanged	€ 144,412 Dividend 2024: € 144,412 ▲ 145% vs 2023 (€ 58,850) Unchanged	€ 144,447 Dividend 2025: € 144,447 Unchanged (€ 144,412) Unchanged
Bank debt	€ 99,507 Bank debt 2022: € 99,507 First fiscal year in the series	€ 66,079 Bank debt 2023: € 66,079 ▼ 34% vs 2022 (€ 99,507) Favourable step	€ 32,260 Bank debt 2024: € 32,260 ▼ 51% vs 2023 (€ 66,079) Favourable step	€ 10,449 Bank debt 2025: € 10,449 ▼ 68% vs 2024 (€ 32,260) Favourable step	▼ 68%
Balance sheet total	€ 387,582 Balance sheet total 2022: € 387,582 First fiscal year in the series	€ 304,324 Balance sheet total 2023: € 304,324 ▼ 21% vs 2022 (€ 387,582) Unchanged	€ 256,407 Balance sheet total 2024: € 256,407 ▼ 16% vs 2023 (€ 304,324) Unchanged	€ 225,977 Balance sheet total 2025: € 225,977 ▼ 12% vs 2024 (€ 256,407) Unchanged	▼ 12%

Key figures of Kovin Capital, 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 Kovin Capital?

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

Mar 9, 2026 New annual accounts for financial year 2025: profit of € 75,627 (▲ 10% vs 2024). Source: NBB ↗
Apr 22, 2020 New establishment in Destelbergen. KBO
2020 KOEN VERMEULEN became a director. NBB
Apr 22, 2020 Start of the company according to the CBE. KBO

In short

From € 81,863 profit in 2022 to € 75,627 profit in 2025.

Paid € 84,892 in corporate taxes since 2022.

Best year ever: 2022, with € 81,863 profit.

Paid out € 347,709 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Kovin Capital? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

KOEN VERMEULEN

Kovin Capital

LHD Invest 25%

Behind Kovin Capital is KOEN VERMEULEN. It owns 25% of LHD Invest itself.

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Directors

According to the 2025 annual accounts

KOEN VERMEULEN

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Rendekensstraat(HEU) 92

9070 Destelbergen

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

Details

Company number

0746.463.302

VAT number

BE 0746.463.302

Registered office

Rendekensstraat(HEU) 92, 9070 Destelbergen

Names & denominations

Kovin Capital

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 April 2020

Peppol

Active · Active since 18 Mar 2026

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Kovin Capital

Warning lights

Financials

What happened to Kovin Capital?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions