Financials
Financial year 2024
COVI-DECO from Montigny-le-Tilleul, company number BE0884903680, closed financial year 2024 with a result of € -22,607 after tax. For that financial year COVI-DECO recorded a gross margin of € -3,181 and equity of € 639. Compared with financial year 2023, the result moved from € 23,589 to € -22,607. The company made a loss. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2025.
€ 639
▼ 97% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,607
▼ still € 23,589 profit in 2023
Profit after tax over the fiscal year.
€ 32
▼ 87% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,561.
People and assets in 2024
€ 156
▲ € 122 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,080
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 7,523
▼ 21% vs 2023
Loans from banks and other lenders, long and short.
€ 42,547
▲ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,867
▼ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 21,587 | € 12,207 | € 50,242 | € -3,181 | ▼ € 53,423 |
| Profit after taxes | € -2,445 | € -453 | € 23,589 | € -22,607 | ▼ € 46,196 |
| Equity | € 109 | € -344 | € 23,245 | € 639 | ▼ 97% |
| Total debts | € 79,398 | € 129,246 | € 74,571 | € 100,600 | ▲ 35% |
| Cash | € 8,590 | € 24,336 | € 241 | € 32 | ▼ 87% |
| Retained profit | € -6,091 | € -6,544 | € 17,045 | € -5,561 | ▼ € 22,607 |
| Bank debt | € 30,528 | € 12,250 | € 9,554 | € 7,523 | ▼ 21% |
| Balance sheet total | € 79,507 | € 128,901 | € 104,660 | € 106,549 | ▲ 2% |
Key figures of COVI-DECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to COVI-DECO?
What happened at COVI-DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 22,607 (▼ € 46,196 vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,445 loss in 2021 to € 22,607 loss in 2024.
Paid € 7,357 in corporate taxes since 2021.
Best year ever: 2023, with € 23,589 profit.
Establishments
Establishment units
Physical locations of this company
Rue Vandervelde 92
6110 Montigny-le-Tilleul
2ème Avenue 3
6001 Charleroi
Active since 8 December 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0884.903.680
- VAT number
- BE 0884.903.680
- Registered office
- Rue Vandervelde 92, 6110 Montigny-le-Tilleul
- Names & denominations
- COVI-DECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2006
- Peppol
- Active · Active since 3 Apr 2026
- Activities · NACE
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