What does COVICON do?

COVICON is an IT company in Menen. Private Limited, started on 18 December 2020, 1 establishment.

What is the address of COVICON?

The registered office of COVICON is located at Krommebeekstraat 22, 8930 Menen.

Is COVICON still active?

Yes. According to the CBE (29 October 2026) COVICON is active, legal situation “Normale toestand”, started on 18 December 2020.

Is COVICON registered on Peppol?

Yes, COVICON is registered on the Peppol network with ID 0208:0759971739.

What is the enterprise number of COVICON?

The enterprise number of COVICON is BE0759971739.

When was COVICON founded?

COVICON was founded on 18 December 2020.

Who are the directors of COVICON?

According to the 2025 annual accounts, the directors of COVICON are: AdNet BV, Valtech NV, DEEP BLUE BV, Maurits Vandeputte BV.

Is COVICON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 2020; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did COVICON make in 2025?

COVICON posted a profit after taxes of € 18,291 in financial year 2025.

What is the revenue of COVICON?

As a small company, COVICON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 243,093.

How much does an employee at COVICON earn?

The average wage cost per full-time employee at COVICON was € 72,400 in 2025: staff costs of € 195,599 for 2.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COVICON have?

According to the 2025 annual accounts, COVICON has 2.7 full-time equivalents (FTE).

Does COVICON have a website?

Yes, COVICON has a website at covicon.be.

COVICON (Private Limited) - Menen - BE0759971739

Dossier COVICON, printed on 29 October 2026 from databakkes.be/en/0759971739/covicon. 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 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COVICON from Menen, company number BE0759971739, closed financial year 2025 with a result of € 18,291 after tax. For that financial year COVICON recorded a gross margin of € 243,093 and equity of € 183,797. Compared with financial year 2024, the result moved from € 46,720 to € 18,291. The company is profitable. 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 17, 2026.

What it is worth Growing

€ 183,797

▲ 11% vs 2024

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

Profit Healthy

€ 18,291

▼ 61% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 133,797.

People and assets in 2025

Full-time equivalents

2.7

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 195,599

▲ 59% vs 2024

€ 72,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 104,169

▲ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 36,582

▼ 37% vs 2024

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

Taxes and wages

€ 35,933

▲ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 29,810 Gross margin 2022: € 29,810 First fiscal year in the series	€ 162,429 Gross margin 2023: € 162,429 ▲ € 132,619 vs 2022 (€ 29,810) Favourable step	€ 207,787 Gross margin 2024: € 207,787 ▲ 28% vs 2023 (€ 162,429) Favourable step	€ 243,093 Gross margin 2025: € 243,093 ▲ 17% vs 2024 (€ 207,787) Favourable step	▲ 17%
Profit after taxes	€ 9,022 Profit after taxes 2022: € 9,022 First fiscal year in the series	€ 56,779 Profit after taxes 2023: € 56,779 ▲ € 47,758 vs 2022 (€ 9,022) Favourable step	€ 46,720 Profit after taxes 2024: € 46,720 ▼ 18% vs 2023 (€ 56,779) Unfavourable step	€ 18,291 Profit after taxes 2025: € 18,291 ▼ 61% vs 2024 (€ 46,720) Unfavourable step	▼ 61%
Equity	€ 62,006 Equity 2022: € 62,006 First fiscal year in the series	€ 118,785 Equity 2023: € 118,785 ▲ 92% vs 2022 (€ 62,006) Favourable step	€ 165,506 Equity 2024: € 165,506 ▲ 39% vs 2023 (€ 118,785) Favourable step	€ 183,797 Equity 2025: € 183,797 ▲ 11% vs 2024 (€ 165,506) Favourable step	▲ 11%
Total debts	€ 203,798 Total debts 2022: € 203,798 First fiscal year in the series	€ 287,633 Total debts 2023: € 287,633 ▲ 41% vs 2022 (€ 203,798) Unfavourable step	€ 230,223 Total debts 2024: € 230,223 ▼ 20% vs 2023 (€ 287,633) Favourable step	€ 329,256 Total debts 2025: € 329,256 ▲ 43% vs 2024 (€ 230,223) Unfavourable step	▲ 43%
Cash	€ 40,530 Cash 2022: € 40,530 First fiscal year in the series	€ 44,817 Cash 2023: € 44,817 ▲ 11% vs 2022 (€ 40,530) Favourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 44,817) Unfavourable step	-
Retained profit	€ 12,006 Retained profit 2022: € 12,006 First fiscal year in the series	€ 68,785 Retained profit 2023: € 68,785 ▲ € 56,779 vs 2022 (€ 12,006) Favourable step	€ 115,506 Retained profit 2024: € 115,506 ▲ 68% vs 2023 (€ 68,785) Favourable step	€ 133,797 Retained profit 2025: € 133,797 ▲ 16% vs 2024 (€ 115,506) Favourable step	▲ 16%
Balance sheet total	€ 265,804 Balance sheet total 2022: € 265,804 First fiscal year in the series	€ 406,418 Balance sheet total 2023: € 406,418 ▲ 53% vs 2022 (€ 265,804) Unchanged	€ 395,729 Balance sheet total 2024: € 395,729 ▼ 3% vs 2023 (€ 406,418) Unchanged	€ 513,053 Balance sheet total 2025: € 513,053 ▲ 30% vs 2024 (€ 395,729) Unchanged	▲ 30%
Employees (FTE)	-	-	2 Employees (FTE) 2024: 2 First fiscal year in the series	2.7 Employees (FTE) 2025: 2.7 ▲ 0.7 vs 2024 (2) Unchanged	▲ 0.7

Key figures of COVICON, 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 COVICON?

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

2029 AdNet BV stepped down as director. NBB
2029 Valtech NV stepped down as director. NBB
2029 DEEP BLUE BV stepped down as director. NBB
2029 Maurits Vandeputte BV stepped down as director. NBB
Jul 17, 2026 New annual accounts for financial year 2025: profit of € 18,291 (▼ 61% vs 2024). Source: NBB ↗
2024 AdNet BV became a director. NBB
2024 Valtech NV became a director. NBB
2024 DEEP BLUE BV became a director. NBB

In short

From € 9,022 profit in 2022 to € 18,291 profit in 2025.

Paid € 39,280 in corporate taxes since 2022.

Best year ever: 2023, with € 56,779 profit.

On average € 90,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

VALTECH 50%

The stake of VALTECH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COVICON

The shares are held by VALTECH (50%).

Directors

According to the 2025 annual accounts

AdNet BV

Director · represented by Jonas Wittouck

since 2024 · until 2029

Valtech NV

Director · represented by Frank Vandeputte

Also active at: Union, CRETES, Redeltrans, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., RENTEC +20 more

since 2024 · until 2029

DEEP BLUE BV

Director · represented by Harold Vandeputte

since 2024 · until 2029

Maurits Vandeputte BV

Director · represented by Maurits Vandeputte

Also active at: VALVAN, VALTECH

since 2024 · until 2029

Shareholders

VALTECH

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Krommebeekstraat 22

8930 Menen

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

Website

HTTPS covicon.be

Canonical: https://www.covicon.be

About

Technologies

Cloudflare CDN

Hosting & Email

Email provider

Microsoft 365

Hosting

CLOUDFLARENET - Cloudflare, Inc., US

Domain

covicon.be

Registered

2020-09-03

Website info

HTTPS Ja

Languages EN

Features

Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0759.971.739

VAT number

BE 0759.971.739

Registered office

Krommebeekstraat 22, 8930 Menen

Names & denominations

COVICON

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

18 December 2020

Peppol

Active · Active since 1 Jan 2001

Contact

covicon.be

Activities · NACE

Ontwerpen van computerprogramma’s

Ontwerpen en programmeren van computerprogramma's

Overige diensten op het gebied van informatietechnologie en computer

View on CBE Public ↗ Annual accounts (NBB) ↗

COVICON

Warning lights

Financials

What happened to COVICON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions