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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
COVENS MARTINE from Affligem, company number BE0830622777, closed financial year 2025 with a result of € 1,852 after tax. For that financial year COVENS MARTINE recorded a gross margin of € 51,312 and equity of € 110,935. Compared with financial year 2024, the result moved from € 29,180 to € 1,852. 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.
€ 110,935
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,852
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 12,386
▼ 52% 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 € 104,735.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,040
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,865
▼ 21% vs 2024
€ 6,441 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 9,257
▲ € 8,875 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,685
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,457 | € 30,403 | € 61,429 | € 51,312 | ▼ 16% |
| Profit after taxes | € 15,765 | € 11,610 | € 29,180 | € 1,852 | ▼ 94% |
| Equity | € 83,354 | € 79,903 | € 109,082 | € 110,935 | ▲ 2% |
| Total debts | € 37,580 | € 33,544 | € 62,519 | € 35,407 | ▼ 43% |
| Cash | € 26,776 | € 18,840 | € 25,810 | € 12,386 | ▼ 52% |
| Retained profit | € 77,154 | € 73,703 | € 102,882 | € 104,735 | ▲ 2% |
| Dividend | € 12,651 | € 15,061 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 30,023 | € 23,865 | ▼ 21% |
| Balance sheet total | € 120,934 | € 113,446 | € 171,601 | € 146,342 | ▼ 15% |
Key figures of COVENS MARTINE, 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 COVENS MARTINE?
What happened at COVENS MARTINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,852 (▼ 94% vs 2024). Source: NBB ↗
- Martine Covens became a director. NBB
- New establishment in Affligem. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,765 profit in 2022 to € 1,852 profit in 2025.
Paid € 30,998 in corporate taxes since 2022.
Best year ever: 2024, with € 29,180 profit.
Paid out € 27,712 in dividends to the owners in total.
Management
Behind COVENS MARTINE is Martine Covens. Martine Covens is also behind De Raes Chris.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Okaaistraat 58
1790 Affligem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0830.622.777
- VAT number
- BE 0830.622.777
- Registered office
- Okaaistraat 58, 1790 Affligem
- Names & denominations
- COVENS MARTINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2010
- Peppol
- Not registered