Financials
Financial year 2025
COVER-IT GROUP from Wuustwezel, company number BE0848408124, closed financial year 2025 with a result of € 1,555 after tax. For that financial year COVER-IT GROUP recorded a gross margin of € 23,099 and equity of € 400,541. Compared with financial year 2024, the result moved from € 22,685 to € 1,555. 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 31, 2026.
€ 400,541
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,555
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 256,188
▲ 46% 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 € 381,941.
People and assets in 2025
€ 31,424
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,513
▼ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 50,784
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,883
▼ 17% 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 | € 44,057 | € 33,284 | € 60,488 | € 23,099 | ▼ 62% |
| Profit after taxes | € 12,013 | € 3,760 | € 22,685 | € 1,555 | ▼ 93% |
| Equity | € 372,541 | € 376,301 | € 398,986 | € 400,541 | |
| Total debts | € 220,300 | € 231,049 | € 176,936 | € 101,832 | ▼ 42% |
| Cash | € 245,128 | € 251,832 | € 175,091 | € 256,188 | ▲ 46% |
| Land & buildings | € 183,300 | € 177,700 | € 172,100 | € 166,980 | ▼ 3% |
| Retained profit | € 353,941 | € 357,701 | € 380,386 | € 381,941 | |
| Bank debt | € 31,900 | € 21,357 | € 10,688 | € 9,513 | ▼ 11% |
| Balance sheet total | € 592,841 | € 607,350 | € 575,922 | € 502,373 | ▼ 13% |
Key figures of COVER-IT GROUP, 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 COVER-IT GROUP?
What happened at COVER-IT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,555 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Frederika HARTMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,013 profit in 2022 to € 1,555 profit in 2025.
Paid € 15,016 in corporate taxes since 2022.
Best year ever: 2024, with € 22,685 profit.
Management
The stake of COVER-IT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVER-IT GROUPBehind COVER-IT GROUP is Frederika HARTMAN. The shares are held by COVER-IT (75%).
Establishments
Establishment units
Physical locations of this company
Bredabaan (Centrum) 23 box 10
2990 Wuustwezel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0848.408.124
- VAT number
- BE 0848.408.124
- Registered office
- Bredabaan (Centrum) 23 bus 10, 2990 Wuustwezel
- Names & denominations
- COVER-IT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2012
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Activiteiten van verpakkingsbedrijven
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in overige bouwmaterialen
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Overige zakelijke dienstverlening, neg