Financials
Financial year 2025
KOEVERT from Avelgem, company number BE0892527484, closed financial year 2025 with a result of € 97,585 after tax. For that financial year KOEVERT recorded a gross margin of € 615,585 and equity of € 567,508. Compared with financial year 2024, the result moved from € 103,302 to € 97,585. 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 March 31, 2026.
€ 567,508
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,585
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 146,833
▲ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,347 paid out
20 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.9
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 399,853
▼ 3% vs 2024
€ 50,600 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.
€ 48,212
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,150
▼ 27% vs 2024
€ 41,197 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 57,980
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,502
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 539,048 | € 628,288 | € 631,013 | € 615,585 | ▼ 2% |
| Profit after taxes | € 89,726 | € 126,627 | € 103,302 | € 97,585 | ▼ 6% |
| Equity | € 303,512 | € 428,457 | € 489,270 | € 567,508 | ▲ 16% |
| Total debts | € 387,755 | € 298,327 | € 294,531 | € 238,176 | ▼ 19% |
| Cash | € 194,067 | € 103,213 | € 83,705 | € 146,833 | ▲ 75% |
| Land & buildings | € 427,587 | € 390,691 | € 350,953 | € 328,985 | ▼ 6% |
| Retained profit | € 291,112 | € 416,057 | € 476,870 | € 555,108 | ▲ 16% |
| Dividend | € 35,303 | € 1,681 | € 42,489 | € 19,347 | ▼ 54% |
| Bank debt | € 243,818 | € 185,982 | € 129,773 | € 95,150 | ▼ 27% |
| Balance sheet total | € 691,267 | € 726,784 | € 783,801 | € 805,684 | ▲ 3% |
| Employees (FTE) | 7.9 | 8.2 | 8.6 | 7.9 | ▼ 0.7 |
By gross margin, KOEVERT ranks 65th of 369 companies with main activity “Restaurants van het traditionele type” in West Flanders that publish figures (fiscal year 2025).
Key figures of KOEVERT, 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 April 2027.
Ask about KOEVERT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KOEVERT?
What happened at KOEVERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,585 (▼ 6% vs 2024). Source: NBB ↗
- Annelies Vanderbauwhede became a director. NBB
- New establishment in Avelgem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Wim Loontjens became a director. NBB
In short
From € 89,726 profit in 2022 to € 97,585 profit in 2025.
Paid € 170,642 in corporate taxes since 2022.
Best year ever: 2023, with € 126,627 profit.
On average € 77,900 of value added per employee in 2025.
Management
Behind KOEVERT are Wim Loontjens and Annelies Vanderbauwhede.
Directors
According to the 2025 annual accounts
Wim Loontjens
Director
since 2007
Annelies Vanderbauwhede
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Krevelstraat 1
8581 Avelgem
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.
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Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LOONTJENS Wim Remı(oprichter) 100%
Details
- Company number
- 0892.527.484
- VAT number
- BE 0892.527.484
- Registered office
- Krevelstraat 1, 8581 Avelgem
- Names & denominations
- KOEVERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2007
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- koevert.be
- Activities · NACE
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening