Financials
Financial year 2025
MICOVER from Alveringem, company number BE0820210422, closed financial year 2025 with a result of € 8,725 after tax. For that financial year MICOVER recorded a gross margin of € 26,268 and equity of € 146,907. Compared with financial year 2024, the result moved from € 2,911 to € 8,725. Profitable, and profit is growing. 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 December 1, 2025.
€ 146,907
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,725
▲ 200% vs 2024
Profit after tax over the fiscal year.
€ 85,413
▲ 10% 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 € 140,707.
People and assets in 2025
€ 2,812
▼ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,545
▲ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,688
▲ 73% vs 2024
€ 11,941 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,953
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,693
▲ 169% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 166,695 | € 34,836 | € 21,228 | € 26,268 | ▲ 24% |
| Profit after taxes | € 104,538 | € 20,854 | € 2,911 | € 8,725 | ▲ 200% |
| Equity | € 114,417 | € 135,271 | € 138,181 | € 146,907 | ▲ 6% |
| Total debts | € 30,535 | € 56,240 | € 32,799 | € 55,363 | ▲ 69% |
| Cash | € 118,598 | € 97,883 | € 77,847 | € 85,413 | ▲ 10% |
| Retained profit | € 108,217 | € 129,071 | € 131,981 | € 140,707 | ▲ 7% |
| Dividend | € 11,500 | € 0 | € 0 | € 0 | |
| Bank debt | € 4,474 | € 33,413 | € 25,790 | € 44,688 | ▲ 73% |
| Balance sheet total | € 144,951 | € 191,511 | € 170,980 | € 202,270 | ▲ 18% |
Key figures of MICOVER, fiscal years 2022 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 MICOVER?
What happened at MICOVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,725 (▲ 200% vs 2024). Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,538 profit in 2022 to € 8,725 profit in 2025.
Paid € 57,993 in corporate taxes since 2022.
Best year ever: 2022, with € 104,538 profit.
Paid out € 11,500 in dividends to the owners in total.
Management
Behind MICOVER are Véronique VANHAEZEBROUCK and Michaël BAUWENS.
Directors
According to the 2025 annual accounts
Véronique VANHAEZEBROUCK
Director
Michaël BAUWENS
Director
Establishments
Establishment units
Physical locations of this company
Hondschootestraat 24
8691 Alveringem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0820.210.422
- VAT number
- BE 0820.210.422
- Registered office
- Hondschootestraat 24, 8691 Alveringem
- Names & denominations
- MICOVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2009
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
Schilderen van gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Stukadoorswerk
Interieurontwerp
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Overige reiniging van gebouwen; industriële reiniging
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
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