Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Kovatech from Beernem, company number BE0756746884, closed financial year 2025 with a result of € -13,320 after tax. For that financial year Kovatech recorded a gross margin of € 119,424 and equity of € -10,008. Compared with financial year 2024, the result moved from € 0 to € -13,320. 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 August 10, 2026.
€ -10,008
▼ € 15,008 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,320
▼ still € 0 profit in 2024
Profit after tax over the fiscal year.
€ 38,635
▲ € 33,635 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,008.
People and assets in 2025
€ 51,446
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,057
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
€ 125,207 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 327,384
Supplier invoices still open on the last day of the fiscal year.
€ 63,592
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | - | € 119,424 | |
| Profit after taxes | € 0 | € -13,320 | |
| Equity | € 5,000 | € -10,008 | ▼ € 15,008 |
| Total debts | € 0 | € 1,561,393 | |
| Cash | € 5,000 | € 38,635 | ▲ € 33,635 |
| Land & buildings | - | € 348,129 | |
| Retained profit | € 0 | € -15,008 | |
| Bank debt | € 0 | € 1,091,791 | |
| Balance sheet total | € 5,000 | € 1,551,385 | ▲ € 1.5 million |
Key figures of Kovatech, fiscal years 2024 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 Kovatech?
What happened at Kovatech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,320. filed late Source: NBB ↗
- Michaël BERNAERT became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2024 to € 13,320 loss in 2025.
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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
Michaël BERNAERT
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Kardinaal Cardijnlaan 19
8730 Beernem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0756.746.884
- VAT number
- BE 0756.746.884
- Registered office
- Kardinaal Cardijnlaan 19, 8730 Beernem
- Names & denominations
- Kovatech · A2N.IB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2020
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
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Algemene bouw van residentiële gebouwen
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