Financials
Financial year 2025
COVEMAECKER & CO from Vleteren, company number BE0862196277, closed financial year 2025 with a result of € 51,664 after tax. For that financial year COVEMAECKER & CO recorded a gross margin of € 94,697 and equity of € 653,966. Compared with financial year 2024, the result moved from € 72,034 to € 51,664. 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 8, 2026.
€ 653,966
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,664
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 313,949
▲ 5% 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 € 629,166.
People and assets in 2025
0.7
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10,657
▲ 55% 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.
€ 7,088
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,347
▼ 39% vs 2024
€ 13,586 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 61,148
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,528
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 170,867 | € 173,986 | € 135,525 | € 94,697 | ▼ 30% |
| Profit after taxes | € 78,969 | € 100,435 | € 72,034 | € 51,664 | ▼ 28% |
| Equity | € 510,168 | € 610,604 | € 602,302 | € 653,966 | ▲ 9% |
| Total debts | € 312,953 | € 251,944 | € 241,642 | € 109,837 | ▼ 55% |
| Cash | € 243,057 | € 242,253 | € 300,064 | € 313,949 | ▲ 5% |
| Land & buildings | € 94,221 | € 84,153 | € 74,487 | € 82,841 | ▲ 11% |
| Retained profit | € 485,368 | € 585,804 | € 577,502 | € 629,166 | ▲ 9% |
| Dividend | € 84,124 | € 0 | € 80,335 | € 0 | ▼ 100% |
| Bank debt | € 95,433 | € 70,283 | € 44,850 | € 27,347 | ▼ 39% |
| Balance sheet total | € 826,440 | € 865,534 | € 846,619 | € 766,166 | ▼ 10% |
| Employees (FTE) | 0.6 | 0.3 | 0.6 | 0.7 | ▲ 0.1 |
Key figures of COVEMAECKER & CO, 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 COVEMAECKER & CO?
What happened at COVEMAECKER & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,664 (▼ 28% vs 2024). Source: NBB ↗
- Ines Covemaecker became a director. NBB
- New establishment in Vleteren. KBO
- Start of the company according to the CBE. KBO
- Bruno Berthels became a director. NBB
In short
From € 78,969 profit in 2022 to € 51,664 profit in 2025.
Paid € 127,670 in corporate taxes since 2022.
Best year ever: 2023, with € 100,435 profit.
Paid out € 164,460 in dividends to the owners in total.
Management
Behind COVEMAECKER & CO are Ines Covemaecker and Bruno Berthels.
Directors
According to the 2025 annual accounts
Ines Covemaecker
Director
since 2010
Bruno Berthels
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Hendrik Deberghstraat(Oost) 43
8640 Vleteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0862.196.277
- VAT number
- BE 0862.196.277
- Registered office
- Hendrik Deberghstraat(Oost) 43, 8640 Vleteren
- Names & denominations
- COVEMAECKER & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2003
- Peppol
- Active · Active since 31 Mar 2026
- Contact
- covemaecker.be
- Activities · NACE
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