Financials
Financial year 2025
Covemaeker Construct from Diksmuide, company number BE0875153301, closed financial year 2025 with a result of € 59,548 after tax. For that financial year Covemaeker Construct recorded a gross margin of € 502,429 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 129,006 to € 59,548. 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 June 24, 2026.
€ 1.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,548
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 349,524
▲ 4% 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 € 1.7 million.
People and assets in 2025
5
Average over the fiscal year, from the social balance sheet.
€ 378,106
▲ 8% vs 2024
€ 75,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,149
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,848
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,367
▼ 87% vs 2024
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 | € 870,207 | € 754,636 | € 562,608 | € 502,429 | ▼ 11% |
| Profit after taxes | € 275,231 | € 214,999 | € 129,006 | € 59,548 | ▼ 54% |
| Equity | € 1,394,546 | € 1,609,545 | € 1,738,551 | € 1,798,099 | ▲ 3% |
| Total debts | € 234,029 | € 113,035 | € 83,552 | € 58,330 | ▼ 30% |
| Cash | € 533,016 | € 648,385 | € 335,623 | € 349,524 | ▲ 4% |
| Land & buildings | € 581,780 | € 623,887 | € 620,230 | € 616,572 | ▼ 1% |
| Retained profit | € 1,294,546 | € 1,509,545 | € 1,638,551 | € 1,698,099 | ▲ 4% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,631,280 | € 1,724,734 | € 1,823,708 | € 1,857,484 | ▲ 2% |
| Employees (FTE) | 6.9 | 6.4 | 5 | 5 |
Key figures of Covemaeker Construct, 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 Covemaeker Construct?
What happened at Covemaeker Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,548 (▼ 54% vs 2024). Source: NBB ↗
- Vincent Covemaeker became a director. NBB
- Marian Crevits became a director. NBB
- Steven Covemaeker became a director. NBB
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
In short
From € 275,231 profit in 2022 to € 59,548 profit in 2025.
Paid € 233,573 in corporate taxes since 2022.
Best year ever: 2022, with € 275,231 profit.
On average € 100,500 of value added per employee in 2025.
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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
The stake of THOVIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Covemaeker ConstructBehind Covemaeker Construct are Marian Crevits, Steven Covemaeker and Vincent Covemaeker. The shares are held by THOVIN (98%).
Directors
According to the 2025 annual accounts
since 2015
since 2015
Vincent Covemaeker
Director
since 2024
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Polderstraat(D) 5
8600 Diksmuide
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
- 0875.153.301
- VAT number
- BE 0875.153.301
- Registered office
- Polderstraat(D) 5, 8600 Diksmuide
- Names & denominations
- Covemaeker Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2005
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Bouwrijp maken van terreinen
Overige gespecialiseerde bouwactiviteiten, neg
Grondverzet
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden