Financials
Financial year 2025
Covare from Oud-Turnhout, company number BE0802545039, closed financial year 2025 with a result of € 16,892 after tax. For that financial year Covare recorded a gross margin of € 83,196 and equity of € 110,315. Compared with financial year 2024, the result moved from € 90,422 to € 16,892. 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 April 27, 2026.
€ 110,315
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,892
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 40,343
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 107,315.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,753
▲ € 11,269 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.
€ 19,639
▲ € 18,225 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,918
▼ 86% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 117,953 | € 83,196 | ▼ 29% |
| Profit after taxes | € 90,422 | € 16,892 | ▼ 81% |
| Equity | € 93,422 | € 110,315 | ▲ 18% |
| Total debts | € 38,619 | € 24,893 | ▼ 36% |
| Cash | € 103,177 | € 40,343 | ▼ 61% |
| Retained profit | € 90,422 | € 107,315 | ▲ 19% |
| Balance sheet total | € 132,041 | € 192,987 | ▲ 46% |
Key figures of Covare, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Covare?
What happened at Covare in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,892 (▼ 81% vs 2024). Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Rudi Van Reusel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 90,422 profit in 2024 to € 16,892 profit in 2025.
Paid € 31,166 in corporate taxes since 2024.
Best year ever: 2024, with € 90,422 profit.
A new publication or filing at Covare? 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
Rudi Van Reusel
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Heidestraat 15
2360 Oud-Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.545.039
- VAT number
- BE 0802.545.039
- Registered office
- Heidestraat 15, 2360 Oud-Turnhout
- Names & denominations
- Covare
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2023
- Peppol
- Active · Active since 9 Jun 2025
- Activities · NACE
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