NORMAL SITUATION

COVENA

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Financial year 2026 · closed on 16/06/2026

Net result

-4,4 k €

-114.6% YoY

Gross margin

-16,7 k €

-134.9% YoY

Company — Normal situation.

Strike-off: 01 août 2026

What does COVENA do?

COVENA is a Cooperative company with limited liability incorporated in 1982.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.639.283

Incorporation

21/12/1982

Legal form

Cooperative company with limited liability

Latest accounts

16/06/2026

Joint committees (2)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-16,7 k €	-135%	47,9 k €	-20.1%	59,9 k €	-33.9%	90,7 k €	-11.8%	102,8 k €	+56.1%	65,9 k €	-32.9%	98,1 k €	-43.9%	175 k €	+26.2%	138,7 k €	-11.8%	157,2 k €	-12.2%	179,2 k €	+8.9%	164,5 k €	+21.8%	135,1 k €	+23.3%	109,5 k €	+27.5%	85,9 k €	-27.2%	117,9 k €	+5.1%	112,1 k €	+9.6%	102,3 k €	+7.6%	95,1 k €	+13.1%	84 k €
EBITDA	-16,7 k €	-136%	46 k €	+126%	-175,7 k €	-1500%	-11 k €	-136%	30,9 k €	+1106%	2,6 k €	-94.3%	44,7 k €	-50.1%	89,7 k €	+81.7%	49,4 k €	-46.7%	92,6 k €	-12.5%	105,9 k €	+5.3%	100,5 k €	+14.8%	87,6 k €	+47.9%	59,2 k €	+58.7%	37,3 k €	+73.1%	21,6 k €	-49.8%	42,9 k €	+29.6%	33,1 k €	+6.9%	31 k €	+5.6%	29,3 k €
Operating result	-6,7 k €	-118%	37,9 k €	+121%	-184,2 k €	-917%	-18,1 k €	-177%	23,7 k €	+367%	-8,9 k €	-130%	29,1 k €	-58.5%	70,2 k €	+150%	28,1 k €	-61.6%	73 k €	-18.4%	89,5 k €	+5.3%	84,9 k €	+15.4%	73,6 k €	+63.5%	45 k €	+89.0%	23,8 k €	+413%	-7,6 k €	-129%	25,8 k €	+81.4%	14,2 k €	+0.6%	14,2 k €	+4.0%	13,6 k €
Net result	-4,4 k €	-115%	30,3 k €	+137%	-81,4 k €	+14.5%	-95,3 k €	-797%	13,7 k €	-97.5%	537,3 k €	+2884%	18 k €	-61.9%	47,2 k €	+142%	19,5 k €	-55.7%	44 k €	-26.7%	60 k €	-0.1%	60,1 k €	+12.6%	53,4 k €	+53.9%	34,7 k €	+50.8%	23 k €	+163%	-36,7 k €	-269%	21,7 k €	+56.6%	13,9 k €	+2.3%	13,5 k €	+6.0%	12,8 k €
Balance sheet
Equity	–		959,8 k €	+3.3%	929,5 k €	-8.1%	1 M €	-8.6%	1,1 M €	+1.3%	1,1 M €	+96.8%	555,2 k €	+3.4%	537,2 k €	+9.6%	490 k €	+4.1%	470,5 k €	+10.3%	426,5 k €	+16.4%	366,4 k €	+19.6%	306,4 k €	+21.1%	253 k €	+15.9%	218,3 k €	+11.8%	195,3 k €	-15.8%	232 k €	+10.3%	210,4 k €	+7.0%	196,5 k €	+7.4%	183 k €
Total assets	955,4 k €	-11.6%	1,1 M €	-2.3%	1,1 M €	-8.3%	1,2 M €	-3.2%	1,2 M €	-15.1%	1,5 M €	+78.6%	821,8 k €	-5.7%	871,4 k €	+7.4%	811,2 k €	+3.0%	787,6 k €	+2.6%	767,6 k €	+12.6%	681,7 k €	+66.7%	408,9 k €	+15.5%	354,1 k €	+21.1%	292,4 k €	+7.7%	271,4 k €	-17.1%	327,5 k €	+9.8%	298,2 k €	-2.1%	304,6 k €	+12.3%	271,3 k €
Cash	895,8 k €	-11.0%	1 M €	+1.8%	988,5 k €	+1.5%	974,1 k €	+2.0%	955,2 k €	-18.1%	1,2 M €	+105%	570,2 k €	+16.7%	488,7 k €	+11.0%	440,2 k €	+17.3%	375,2 k €	+14.6%	327,4 k €	+27.8%	256,2 k €	+37.1%	186,8 k €	+41.3%	132,2 k €	+15.5%	114,5 k €	+68.6%	67,9 k €	-18.1%	83 k €	-9.0%	91,2 k €	+96.2%	46,5 k €	+120%	21,2 k €
Debts	955,4 k €	+765%	110,4 k €	-31.9%	162,2 k €	-12.3%	184,8 k €	+32.1%	140 k €	-62.7%	375 k €	+40.7%	266,6 k €	-20.2%	334,2 k €	+4.0%	321,2 k €	+1.3%	317,1 k €	-7.0%	341,1 k €	+18.0%	289,2 k €	+306%	71,3 k €	+43.1%	49,8 k €	+52.4%	32,7 k €	-32.8%	48,6 k €	-12.8%	55,7 k €	-4.1%	58,1 k €	-15.5%	68,7 k €	+6.1%	64,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-50.0%	2,0 ETP	+25.0%	1,6 ETP	0.0%	1,6 ETP	-42.9%	2,8 ETP	+86.7%	1,5 ETP

Governance

Board of directors

Seen on filing of 16/06/2026 · 7 active · 42 ended

Active mandates

James Jansen

Director · since 24 mai 2022 · until 24 mai 2028

Active

Bart Gaublomme

Director · since 12 mai 2021 · until 12 mai 2027

Active

Bart Michielsen

Director · since 12 mai 2021 · until 12 mai 2027

Active

Elianthe De Boeck

Director · since 12 mai 2021 · until 12 mai 2027

Active

Inge Paeshuys

Director · since 12 mai 2021 · until 12 mai 2027

Active

Koen Peeters

Director · since 12 mai 2021 · until 12 mai 2027

Active

Marc Jannsens

Director · since 12 mai 2021 · until 12 mai 2027

Active

Ended mandates

Marc Wellens

Chairman of the board of directors · since 12 mai 2021 · until 12 mai 2027

Ended

Tony Steemans

Director · since 12 mai 2021 · until 12 mai 2027

Ended

Koen Peeters

Director · since 02 mai 2018

Ended

Tony Steemans

Director · since 02 mai 2018

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2026	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021
Closing of the financial year	16/06/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/07/2026	21/05/2026	22/05/2025	29/07/2024	27/06/2024	13/06/2022
General meeting	16/06/2026	30/04/2026	24/04/2025	28/06/2024	30/05/2024	24/05/2022
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

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	16/06/2026	16/06/2026	20/07/2026	Dutch	PDF
Micro model	31/12/2025	30/04/2026	21/05/2026	Dutch	PDF
Micro model	31/12/2024	24/04/2025	22/05/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	29/07/2024	Dutch	PDF
Micro modelCorrection	31/12/2022	30/05/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	08/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	24/05/2022	13/06/2022	Dutch	PDF
Micro model	31/12/2020	12/05/2021	07/06/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	28/05/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	06/05/2019	18/09/2019	Dutch	PDF
Micro model	31/12/2018	06/05/2019	03/06/2019	Dutch	PDF
Micro model	31/12/2017	02/05/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	03/05/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/04/2016	27/05/2016	Dutch	PDF
Abridged model	31/12/2014	20/04/2015	05/05/2015	Dutch	PDF
Abridged model	31/12/2013	28/04/2014	26/05/2014	Dutch	PDF
Abridged model	31/12/2012	29/04/2013	28/05/2013	Dutch	PDF
Abridged model	31/12/2011	16/04/2012	30/05/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	13/05/2011	Dutch	PDF
Abridged model	31/12/2009	19/04/2010	06/05/2010	Dutch	PDF
Abridged model	31/12/2008	20/04/2009	19/05/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/03/2007	26/04/2007	Dutch	PDF

Estimate

Indicative valuation

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 16/06/2026 · 7 active · 42 ended

Active mandates

James Jansen

Director · since 24 mai 2022 · until 24 mai 2028

Active

Bart Gaublomme

Director · since 12 mai 2021 · until 12 mai 2027

Active

Bart Michielsen

Director · since 12 mai 2021 · until 12 mai 2027

Active

Elianthe De Boeck

Director · since 12 mai 2021 · until 12 mai 2027

Active

Inge Paeshuys

Director · since 12 mai 2021 · until 12 mai 2027

Active

Koen Peeters

Director · since 12 mai 2021 · until 12 mai 2027

Active

Marc Jannsens

Director · since 12 mai 2021 · until 12 mai 2027

Active

Ended mandates

Marc Wellens

Chairman of the board of directors · since 12 mai 2021 · until 12 mai 2027

Ended

Tony Steemans

Director · since 12 mai 2021 · until 12 mai 2027

Ended

Koen Peeters

Director · since 02 mai 2018

Ended

Tony Steemans

Director · since 02 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution07/08/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates15/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2014
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates14/01/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2026
Annual accounts 2026-4,4 k €↓
2025
Annual accounts 202530,3 k €↑
2024
Annual accounts 2024-81,4 k €↑
2023
Annual accounts 2023-95,3 k €↓
2022
Annual accounts 202213,7 k €↓
2021
Annual accounts 2021537,3 k €↑
2020
Annual accounts 202018 k €↓
2019
Annual accounts 201947,2 k €↑
2018
Annual accounts 201819,5 k €↓
2017
Annual accounts 201744 k €↓
2016
Annual accounts 201660 k €↓
2015
Annual accounts 201560,1 k €↑
2014
Annual accounts 201453,4 k €↑
2013
Annual accounts 201334,7 k €↑
2012
Annual accounts 201223 k €↑
2011
Annual accounts 2011-36,7 k €↓
2010
Annual accounts 201021,7 k €↑
2009
Annual accounts 200913,9 k €↑
2008
Annual accounts 200813,5 k €↑
2007
Annual accounts 200712,8 k €
21/12/1982
IncorporationCooperative company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COVENA

Overview

What does COVENA do?

Trend over 20 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline