Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 20.7 to 13.3.
Financials
Financial year 2025
XAVIER COVEMAEKER from Wervik, company number BE0882358817, closed financial year 2025 with a result of € 112,071 after tax. For that financial year XAVIER COVEMAEKER recorded a gross margin of € 1.1 million and equity of € 579,545. Compared with financial year 2024, the result moved from € 36,818 to € 112,071. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 579,545
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,071
▲ 204% vs 2024
Profit after tax over the fiscal year.
€ 144,850
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 226,443 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
13.3
▼ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 800,306
▼ 15% vs 2024
€ 60,200 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.
€ 120,177
▲ 6% vs 2024
Of which on lease € 114,507.
Debts at end 2025
€ 686,906
▼ 23% vs 2024
€ 102,055 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 221,311
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 93,625
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,388,081 | € 1,307,993 | € 1,140,602 | € 1,085,157 | ▼ 5% |
| Profit after taxes | € -1,638 | € -30,668 | € 36,818 | € 112,071 | ▲ 204% |
| Equity | € 691,034 | € 658,766 | € 693,918 | € 579,545 | ▼ 16% |
| Total debts | € 1,781,933 | € 1,593,382 | € 1,266,473 | € 1,234,528 | ▼ 3% |
| Cash | € 89,275 | € 159,987 | € 106,901 | € 144,850 | ▲ 35% |
| Land & buildings | € 549,178 | € 511,979 | € 477,179 | € 456,386 | ▼ 4% |
| Retained profit | € 672,284 | € 640,016 | € 675,168 | € 560,795 | ▼ 17% |
| Dividend | € 1,600 | € 1,600 | € 1,666 | € 226,443 | ▲ € 224,777 |
| Bank debt | € 1,152,806 | € 1,049,146 | € 892,321 | € 686,906 | ▼ 23% |
| Balance sheet total | € 2,472,967 | € 2,252,148 | € 1,960,391 | € 1,814,073 | ▼ 7% |
| Employees (FTE) | 22.9 | 20.7 | 16.3 | 13.3 | ▼ 3 |
Key figures of XAVIER COVEMAEKER, 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 January 2027.
What happened to XAVIER COVEMAEKER?
What happened at XAVIER COVEMAEKER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 112,071 (▲ 204% vs 2024). Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,638 loss in 2022 to € 112,071 profit in 2025.
Paid € 72,028 in corporate taxes since 2022.
Best year ever: 2025, with € 112,071 profit.
On average € 81,600 of value added per employee in 2025.
A new publication or filing at XAVIER COVEMAEKER? We notify you, reason included.
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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 XAVIER COVEMAEKER is Xavier Covemaeker.
Directors
According to the 2025 annual accounts
Xavier Covemaeker
Director
Establishments
Establishment units
Physical locations of this company
Ten Brielenlaan 49
8940 Wervik
Marmousetsstraat(KOM) 2
7780 Comines-Warneton
Active since 28 July 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.358.817
- VAT number
- BE 0882.358.817
- Registered office
- Ten Brielenlaan 49, 8940 Wervik
- Names & denominations
- XAVIER COVEMAEKER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2006
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Elektrische installatie
Algemene elektrotechnische installatiewerken