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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Covico-Holding from Oostende, company number BE0832110243, closed financial year 2025 with a result of € 465 after tax. For that financial year Covico-Holding recorded a gross margin of € 21,478 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -794 to € 465. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 465
▲ still € 794 loss in 2024
Profit after tax over the fiscal year.
€ 4,498
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 323,619
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 3,016
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,286 | € -2,854 | € -2,485 | € 21,478 | ▲ € 23,963 |
| Profit after taxes | € 53 | € -1,306 | € -794 | € 465 | ▲ € 1,260 |
| Equity | € 1,458,608 | € 1,457,302 | € 1,456,508 | € 1,456,140 | |
| Total debts | € 32,271 | € 256,251 | € 368,009 | € 406,244 | ▲ 10% |
| Cash | € 129,512 | € 40,863 | € 90,013 | € 4,498 | ▼ 95% |
| Retained profit | € 538,608 | € 537,302 | € 536,508 | € 536,140 | |
| Dividend | € 0 | € 0 | € 0 | € 833 | |
| Bank debt | € 0 | € 255,206 | € 357,279 | € 323,619 | ▼ 9% |
| Balance sheet total | € 1,490,880 | € 1,713,554 | € 1,824,517 | € 1,862,384 | ▲ 2% |
Key figures of Covico-Holding, 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 Covico-Holding?
What happened at Covico-Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 465. Source: NBB ↗
- Olivier Covemaeker became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 53 profit in 2022 to € 465 profit in 2025.
Paid € 19 in corporate taxes since 2022.
Best year ever: 2025, with € 465 profit.
Paid out € 833 in dividends to the owners in total.
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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
Behind Covico-Holding is Olivier Covemaeker. It owns 100% of Covico Vastgoed, 100% of Eco Asset Invest, 96% of Covico-Invest and 85% of COVICO-SERVICE itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 222
8400 Oostende
Lariksenlaan 9
8400 Oostende
Active since 4 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →COVICO - INVEST same network
€ 1.1 million gross margin · 2025
Covico Vastgoed same network
€ 14,740 gross margin · 2025
CTG
€ 32,399 gross margin · 2025
Eco Asset Invest same network
€ 143,620 gross margin · 2025
COVICO-SERVICE same network
€ 67,749 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
covico.be
Registered
2009-11-10
Website info
Features
Security
Details
- Company number
- 0832.110.243
- VAT number
- BE 0832.110.243
- Registered office
- Torhoutsesteenweg 222, 8400 Oostende
- Names & denominations
- Covico-Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2010
- Peppol
- Active · Active since 11 Mar 2025
- Contact
- covico.be
- Activities · NACE
Activiteiten van holdings