Financials
Financial year 2025
COVAGE from Roeselare, company number BE0892147008, closed financial year 2025 with a result of € 7,416 after tax. For that financial year COVAGE recorded a gross margin of € 97,336 and equity of € 335,353. Compared with financial year 2024, the result moved from € 7,340 to € 7,416. Profitable, and profit is growing. 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 October 28, 2025.
€ 335,353
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,416
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 218,973
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 315,353.
People and assets in 2025
€ 30,199
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 264,022
▼ 12% vs 2024
€ 39,094 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 18,682
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 592
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 | € 157,897 | € 142,145 | € 91,002 | € 97,336 | ▲ 7% |
| Profit after taxes | € 69,551 | € 52,283 | € 7,340 | € 7,416 | ▲ 1% |
| Equity | € 268,314 | € 320,597 | € 327,937 | € 335,353 | ▲ 2% |
| Total debts | € 379,085 | € 366,250 | € 327,458 | € 285,047 | ▼ 13% |
| Cash | € 217,166 | € 217,708 | € 218,673 | € 218,973 | |
| Land & buildings | € 388,197 | € 376,992 | € 336,872 | € 332,444 | ▼ 1% |
| Retained profit | € 248,314 | € 300,597 | € 307,937 | € 315,353 | ▲ 2% |
| Bank debt | € 343,161 | € 341,046 | € 300,149 | € 264,022 | ▼ 12% |
| Balance sheet total | € 647,399 | € 686,847 | € 655,395 | € 620,400 | ▼ 5% |
Key figures of COVAGE, 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 October 2026.
What happened to COVAGE?
What happened at COVAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,416 (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,551 profit in 2022 to € 7,416 profit in 2025.
Paid € 55,996 in corporate taxes since 2022.
Best year ever: 2022, with € 69,551 profit.
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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 COVAGE are Sylvie Coremans and Bart Van Gijsegem.
Directors
According to the 2025 annual accounts
Sylvie Coremans
Director
Bart Van Gijsegem
Director
Establishments
Establishment units
Physical locations of this company
Stationsplein 34
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0892.147.008
- VAT number
- BE 0892.147.008
- Registered office
- Stationsplein 34, 8800 Roeselare
- Names & denominations
- COVAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2007
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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