Active · per the CBE, 29 October 2026
COVRR logo

COVRR

BE0776432738

Rechtspersoon Public limited company 1 establishment

COVRR is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”, a code that says little about what the company actually does. Public Limited, started on 25 October 2021, 1 establishment.

Brugsesteenweg 64, 8740 Pittem neonelite.com [email protected]

Active for

5 year

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 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 2.4 to 1.8.

Financials

Financial year 2025

COVRR from Pittem, company number BE0776432738, closed financial year 2025 with a result of € -44,787 after tax. For that financial year COVRR recorded a gross margin of € 219,187 and equity of € -129,254. Compared with financial year 2024, the result moved from € -102,901 to € -44,787. 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 July 31, 2026.

What it is worth Caution

€ -129,254

▼ € 44,787 vs 2024

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

Loss Caution

€ -44,787

▲ 56 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,619

▼ 2% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -191,654.

People and assets in 2025

Full-time equivalents

1.8

▼ 0.5 vs 2024

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

Wage cost

€ 194,976

▼ 35% vs 2024

€ 108,300 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

€ 60,742

▼ 30% vs 2024

Of which on lease € 14,632.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 33,448

▼ 49% vs 2024

€ 26,039 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 456,050

▼ 33% vs 2024

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

Taxes and wages

€ 88,100

▲ 86% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202320242025Change 2024 → 2025
Gross margin € 180,434 € 255,059 € 219,187 ▼ 14%
Profit after taxes € -43,966 € -102,901 € -44,787 ▲ € 58,114
Equity € 18,434 € -84,467 € -129,254 ▼ € 44,787
Total debts € 951,785 € 808,625 € 993,053 ▲ 23%
Cash € 933 € 8,801 € 8,619 ▼ 2%
Retained profit € -43,966 € -146,867 € -191,654 ▼ € 44,787
Bank debt € 168,784 € 66,061 € 33,448 ▼ 49%
Balance sheet total € 970,218 € 724,158 € 863,799 ▲ 19%
Employees (FTE) 2.4 2.3 1.8 ▼ 0.5

Key figures of COVRR, fiscal years 2023 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 COVRR?

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

  • HET FONDS NV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 44,787. Source: NBB ↗
  • HET FONDS NV became a director. NBB
  • New establishment in Zwevegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 43,966 loss in 2023 to € 44,787 loss in 2025.

Paid € 957 in corporate taxes since 2023.

On average € 121,800 of value added per employee in 2025.

Management

The stake of JUMAXAN, Neonelite-Publima comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COVRR

The shares are held by JUMAXAN (100%) and Neonelite-Publima (100%).

Directors

According to the 2025 annual accounts

HET FONDS NV

Director · represented by LOOSVELDT Domien

Also active at: Bomalcom, POPLAR INVEST, NEON ELITE, CANDELAS IMMO, PUBLIMA LICHTRECLAME

since 2025 · until 2030

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Brugsesteenweg 64

8740 Pittem

2.325.248.465

Pluim(Z) 10

8550 Zwevegem

Active since 25 October 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

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

Website

Technologies

ApacheDrupalGoogle Tag Manager

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

Domain

neonelite.com

Registered

1999-04-09

Registrar

Key-Systems GmbH

Expires

2026-04-09

Website info

HTTPS Ja
Languages EN, FR, NL
Copyright 2016

Features

Blog Jobs Ads Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0776.432.738
VAT number
BE 0776.432.738
Registered office
Brugsesteenweg 64, 8740 Pittem
Names & denominations
COVRR
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
25 October 2021
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Frequently asked questions

What does COVRR do?
COVRR is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”, a code that says little about what the company actually does. Public Limited, started on 25 October 2021, 1 establishment.
What is the address of COVRR?
The registered office of COVRR is located at Brugsesteenweg 64, 8740 Pittem.
Is COVRR still active?
Yes. According to the CBE (29 October 2026) COVRR is active, legal situation “Normale toestand”, started on 25 October 2021.
Is COVRR registered on Peppol?
Yes, COVRR is registered on the Peppol network with ID 0208:0776432738.
What is the enterprise number of COVRR?
The enterprise number of COVRR is BE0776432738.
When was COVRR founded?
COVRR was founded on 25 October 2021.