Financials
Financial year 2025
COVER ONE from Puurs-Sint-Amands, company number BE0883191334, closed financial year 2025 with a result of € -46,836 after tax. For that financial year COVER ONE recorded a gross margin of € 12,590 and equity of € 663,844. Compared with financial year 2024, the result moved from € 471,005 to € -46,836. The company made a loss. 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 February 2, 2026.
€ 663,844
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,836
▼ still € 471,005 profit in 2024
Profit after tax over the fiscal year.
€ 270,513
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 643,384.
People and assets in 2025
€ 95,832
▲ 279% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,800
▼ 65% vs 2024
€ 6,555 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,590
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 0
▼ € 48,861 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 83,018 | € 49,228 | € 12,590 | ▼ 74% |
| Profit after taxes | € 44,467 | € 471,005 | € -46,836 | ▼ € 517,842 |
| Equity | € 219,803 | € 710,680 | € 663,844 | ▼ 7% |
| Total debts | € 204,354 | € 147,857 | € 38,958 | ▼ 74% |
| Cash | € 1,285 | € 483,299 | € 270,513 | ▼ 44% |
| Retained profit | € 201,203 | € 690,220 | € 643,384 | ▼ 7% |
| Dividend | € 6,245 | € 0 | € 0 | |
| Bank debt | € 177,375 | € 88,578 | € 30,800 | ▼ 65% |
| Balance sheet total | € 424,157 | € 858,538 | € 702,802 | ▼ 18% |
Key figures of COVER ONE, 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 COVER ONE?
What happened at COVER ONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,836 (▼ € 517,842 vs 2024). filed late Source: NBB ↗
- New establishment in Puurs-Sint-Amands. KBO
- Start of the company according to the CBE. KBO
- Tim Van den Bergh became a director. NBB
In short
From € 44,467 profit in 2022 to € 46,836 loss in 2025.
Paid € 69,993 in corporate taxes since 2022.
Best year ever: 2024, with € 471,005 profit.
Paid out € 6,245 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 COVER ONE is Tim Van den Bergh. It owns 10% of Tifrass itself.
Directors
According to the 2025 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Provincielaan 50
2870 Puurs-Sint-Amands
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0883.191.334
- VAT number
- BE 0883.191.334
- Registered office
- Provincielaan 50, 2870 Puurs-Sint-Amands
- Names & denominations
- COVER ONE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 2006
- Peppol
- Active · Active since 30 Dec 2025