KOVANTEX
0423.332.546 · rovalta.com · 23/09/2026
ACTIVE
KOVANTEX
Financial year 2025 · closed on 31/12/2025
Net result
11,8 k €
-73.0% YoY
Gross margin
1,1 M €
-3.0% YoY
Equity
1,2 M €
+1.0% YoY
Workforce
16,0 ETP
+8.8% YoY
Overview
What does KOVANTEX do?
KOVANTEX is a Private limited company incorporated in 1982. Its registered office is in Harelbeke. It employs on average 16,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.332.546
Incorporation
22/12/1982
Legal form
Private limited company
Registered office
Vaarnewijkstraat 9
8530 Harelbeke · FlandreSee on map
8530 Harelbeke · FlandreSee on map
Contributed capital
235 000,00 €
Latest accounts
31/12/2025
Average workforce
16,0 ETP
Joint committees (4)
- 109
- 1090
- 215
- 2150
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | -3.0% | 1,1 M € | -17.5% | 1,3 M € | +16.9% | 1,1 M € | -36.4% | 1,8 M € | +7.6% | 1,7 M € | +19.5% | 1,4 M € | +5.0% | 1,3 M € | +39.8% | 954,6 k € | -26.0% | 1,3 M € | +44.2% | 894,4 k € | +8.3% | 826,2 k € | +22.0% | 676,9 k € | +35.6% | 499,4 k € | +66.7% | 299,5 k € | -24.1% | 394,8 k € | -34.2% | 599,8 k € | -26.8% | 819,6 k € |
| EBITDA | 155,2 k € | -32.2% | 229 k € | -42.8% | 400,2 k € | +77.7% | 225,3 k € | -76.1% | 944,4 k € | -14.9% | 1,1 M € | +29.7% | 855,4 k € | +0.5% | 851,1 k € | +39.0% | 612,2 k € | +6.2% | 576,3 k € | +48.8% | 387,4 k € | +0.8% | 384,4 k € | +115% | 178,6 k € | +629% | -33,8 k € | +78.5% | -157,2 k € | +11.8% | -178,2 k € | -393% | 60,9 k € | -71.6% | 214,4 k € |
| Operating result | 136,3 k € | -30.7% | 196,6 k € | -40.8% | 331,9 k € | +66.6% | 199,3 k € | -78.2% | 915,5 k € | -16.8% | 1,1 M € | +34.4% | 818,7 k € | +2.2% | 800,7 k € | +59.2% | 503 k € | +22.7% | 409,9 k € | +51.1% | 271,2 k € | -5.5% | 286,9 k € | +278% | 75,8 k € | +152% | -146,6 k € | +47.3% | -278,3 k € | +13.0% | -319,8 k € | -208% | -103,7 k € | -132% | -44,7 k € |
| Net result | 11,8 k € | -73.0% | 43,7 k € | -20.4% | 54,9 k € | +526% | 8,8 k € | -98.7% | 700,3 k € | -2.8% | 720,7 k € | +51.0% | 477,3 k € | -19.5% | 592,7 k € | +97.3% | 300,3 k € | +2.5% | 293 k € | +33.3% | 219,7 k € | -4.2% | 229,4 k € | +279% | 60,6 k € | +128% | -215,6 k € | +34.6% | -329,6 k € | +6.7% | -353,4 k € | -113% | -166,1 k € | -52.6% | -108,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1,2 M € | +1.0% | 1,2 M € | +3.9% | 1,1 M € | +5.2% | 1,1 M € | -64.7% | 3 M € | +57.6% | 1,9 M € | +28.2% | 1,5 M € | +13.3% | 1,3 M € | +28.4% | 1 M € | -7.7% | 1,1 M € | +26.1% | 876,3 k € | +16.2% | 754 k € | +42.6% | 528,8 k € | +11.9% | 472,4 k € | -31.8% | 692,2 k € | -32.5% | 1 M € | -25.9% | 1,4 M € | -11.0% | 1,6 M € |
| Total assets | 3,2 M € | -3.1% | 3,3 M € | -20.2% | 4,1 M € | -4.9% | 4,3 M € | +21.9% | 3,5 M € | +16.9% | 3 M € | +19.5% | 2,5 M € | -0.9% | 2,5 M € | +23.4% | 2,1 M € | -15.7% | 2,4 M € | +7.5% | 2,3 M € | +13.1% | 2 M € | +8.6% | 1,9 M € | -5.2% | 2 M € | -7.2% | 2,1 M € | +3.6% | 2 M € | -19.4% | 2,5 M € | -8.3% | 2,8 M € |
| Cash | 197 k € | -45.9% | 363,9 k € | -27.6% | 502,4 k € | +67.8% | 299,4 k € | -0.0% | 299,5 k € | +60.7% | 186,3 k € | -42.8% | 325,6 k € | +0.5% | 323,9 k € | +16.1% | 278,9 k € | +18.7% | 235 k € | +15.2% | 203,9 k € | -38.3% | 330,8 k € | +102% | 163,8 k € | +20.4% | 136,1 k € | -25.2% | 181,8 k € | -23.0% | 236,1 k € | +94.1% | 121,6 k € | -75.2% | 490,9 k € |
| Debts | 2 M € | -5.9% | 2,1 M € | -29.2% | 3 M € | -8.3% | 3,2 M € | +521% | 520,4 k € | -52.8% | 1,1 M € | +7.0% | 1 M € | -15.8% | 1,2 M € | +17.8% | 1 M € | -8.6% | 1,1 M € | -18.4% | 1,4 M € | +12.4% | 1,2 M € | -4.9% | 1,3 M € | -11.9% | 1,5 M € | +4.9% | 1,4 M € | +40.4% | 1 M € | -11.5% | 1,1 M € | -4.9% | 1,2 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 16,0 ETP | +8.8% | 14,7 ETP | -20.1% | 18,4 ETP | -1.1% | 18,6 ETP | +0.5% | 18,5 ETP | +32.1% | 14,0 ETP | +6.9% | 13,1 ETP | +15.9% | 11,3 ETP | -8.9% | 12,4 ETP | +2.5% | 12,1 ETP | -0.8% | 12,2 ETP | +2.5% | 11,9 ETP | -14.4% | 13,9 ETP | -11.5% | 15,7 ETP | -6.0% | 16,7 ETP | -17.3% | 20,2 ETP | +8.0% | 18,7 ETP | -8.3% | 20,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 11 ended
Active mandates
Ended mandates
Carl Naessens
EndedCarl Naessens
EndedCarl Naessens
EndedHendrik Naessens
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Joroki● Active | 0644.897.372 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/08/2026 | 28/08/2025 | 29/08/2024 | 25/08/2023 | 29/08/2022 | 25/08/2021 |
| General meeting | 31/07/2026 | 25/08/2025 | 19/08/2024 | 30/06/2023 | 20/06/2022 | 21/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 31/07/2026 | 28/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/08/2025 | 28/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 19/08/2024 | 29/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 25/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/06/2022 | 29/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/06/2021 | 25/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/06/2020 | 31/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/06/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 18/06/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 25/08/2016 | 30/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/06/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 16/06/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 19/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 17/08/2012 | 29/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 19/08/2011 | 24/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/08/2010 | 23/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 17/08/2009 | 28/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 23/08/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 18/08/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 11 ended
Active mandates
Ended mandates
Carl Naessens
EndedCarl Naessens
EndedCarl Naessens
EndedHendrik Naessens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates08/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates07/10/2022WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Restructuring09/03/2016RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring18/11/2015RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares13/01/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates10/08/2010ONTSLAGEN - BENOEMINGEN
- Capital / shares19/02/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,8 k €↓
- 2024Annual accounts 202443,7 k €↓
- 2023Annual accounts 202354,9 k €↑
- 2022Annual accounts 20228,8 k €↓
- 2021Annual accounts 2021700,3 k €↓
- 2018Annual accounts 2018720,7 k €↑
- 2017Annual accounts 2017477,3 k €↓
- 2016Annual accounts 2016592,7 k €↑
- 2015Annual accounts 2015300,3 k €↑
- 2014Annual accounts 2014293 k €↑
- 2013Annual accounts 2013219,7 k €↓
- 2012Annual accounts 2012229,4 k €↑
- 2011Annual accounts 201160,6 k €↑
- 2010Annual accounts 2010-215,6 k €↑
- 2009Annual accounts 2009-329,6 k €↑
- 2008Annual accounts 2008-353,4 k €↓
- 2007Annual accounts 2007-166,1 k €↓
- 2006Annual accounts 2006-108,8 k €
- 22/12/1982IncorporationPrivate limited company