NORMAL SITUATION

Cover

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Financial year 2022 · closed on 31/12/2022

Net result

166,2 k €

+1315.5% YoY

Gross margin

296,5 k €

+250.6% YoY

Equity

475,9 k €

+53.7% YoY

Company — Normal situation.

What does Cover do?

Cover is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.658.647

Legal form

Private company with limited liability

Contributed capital

18 592,01 €

Latest accounts

31/12/2022

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	296,5 k €	+251%	84,6 k €	-15.3%	99,8 k €	+19.0%	83,9 k €	+14.5%	73,3 k €	-13.9%	85,1 k €	-10.3%	94,9 k €	+27.4%	74,5 k €	-20.8%	94,1 k €	+1.6%	92,6 k €	-8.2%	100,9 k €	+14.0%	88,5 k €	-16.0%	105,3 k €	+19.3%	88,2 k €	-12.5%	100,9 k €	-7.5%	109 k €	+11.1%	98,1 k €
EBITDA	292,5 k €	+269%	79,2 k €	-15.5%	93,7 k €	+18.4%	79,1 k €	+16.2%	68,1 k €	-15.7%	80,8 k €	-10.5%	90,3 k €	+29.3%	69,8 k €	-22.3%	89,8 k €	+2.5%	87,6 k €	-9.5%	96,8 k €	+14.7%	84,4 k €	-16.4%	101 k €	+46.3%	69 k €	+9.1%	63,3 k €	+20.1%	52,7 k €	-22.1%	67,6 k €
Operating result	253,9 k €	+815%	27,7 k €	-37.1%	44,1 k €	+34.1%	32,9 k €	+23.3%	26,7 k €	-34.1%	40,5 k €	-19.0%	49,9 k €	+113%	23,4 k €	-29.6%	33,3 k €	-18.4%	40,8 k €	-17.2%	49,3 k €	+32.1%	37,3 k €	-31.1%	54,2 k €	+128%	23,7 k €	+5.7%	22,5 k €	+842%	-3 k €	-113%	23,7 k €
Net result	166,2 k €	+1316%	11,7 k €	-48.8%	23 k €	+83.5%	12,5 k €	-11.2%	14,1 k €	-35.6%	21,9 k €	-20.2%	27,4 k €	+210%	8,9 k €	+2.2%	8,7 k €	-26.0%	11,7 k €	-50.9%	23,8 k €	+174%	8,7 k €	-61.3%	22,5 k €	+175%	-30,2 k €	-120%	147,6 k €	+413%	-47,2 k €	-1984%	2,5 k €
Balance sheet
Equity	475,9 k €	+53.7%	309,6 k €	+3.9%	297,9 k €	+8.3%	274,9 k €	+4.8%	262,4 k €	+5.7%	248,3 k €	+9.7%	226,5 k €	+13.8%	199,1 k €	+4.7%	190,2 k €	+4.8%	181,6 k €	+6.9%	169,9 k €	+16.3%	146 k €	+6.3%	137,3 k €	+19.6%	114,8 k €	-20.8%	145 k €	+50.2%	96,5 k €	-32.8%	143,7 k €
Total assets	483,8 k €	-15.5%	572,3 k €	-9.6%	633,2 k €	-1.4%	642,2 k €	-2.1%	656,1 k €	-1.3%	664,8 k €	-3.5%	688,6 k €	-3.1%	710,6 k €	-4.9%	747,6 k €	+0.9%	741 k €	-3.1%	764,8 k €	-2.8%	787,1 k €	-1.4%	798 k €	-4.5%	835,3 k €	-26.9%	1,1 M €	+25.2%	912,8 k €	+37.4%	664,5 k €
Cash	224,2 k €	+2213%	9,7 k €	-80.9%	50,7 k €	-57.3%	118,8 k €	+3.2%	115,1 k €	+157%	44,7 k €	+383%	9,3 k €	+484%	1,6 k €	-86.6%	11,9 k €	+349%	2,6 k €	-40.9%	4,5 k €	-27.1%	6,1 k €	-71.8%	21,7 k €	-26.9%	29,7 k €	-73.7%	113,2 k €	+1718%	6,2 k €	-45.1%	11,4 k €
Debts	1,3 k €	-99.5%	252,4 k €	-21.5%	321,6 k €	-7.0%	345,8 k €	-6.4%	369,3 k €	-5.9%	392,2 k €	-9.7%	434,4 k €	-9.6%	480,3 k €	-8.1%	522,5 k €	+0.3%	520,9 k €	-5.8%	552,9 k €	-7.1%	595,4 k €	-2.7%	611,7 k €	-8.4%	667,7 k €	-29.0%	940,9 k €	+15.4%	815 k €	+56.5%	520,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	-50.0%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active

Active mandates

GODELIEVE COENEN

Manager

Active

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/05/2023	30/06/2022	23/07/2021	15/06/2020	24/06/2019	20/07/2018
General meeting	15/05/2023	16/05/2022	17/05/2021	18/05/2020	20/05/2019	21/05/2018
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

39 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2022	15/05/2023	22/05/2023	Dutch	PDF
Micro model	31/12/2021	16/05/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	23/07/2021	Dutch	PDF
Micro model	31/12/2019	18/05/2020	15/06/2020	Dutch	PDF
Micro model	31/12/2018	20/05/2019	24/06/2019	Dutch	PDF
Micro model	31/12/2017	21/05/2018	20/07/2018	Dutch	PDF
Micro model	31/12/2016	15/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/08/2016	22/09/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	18/07/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	27/11/2013	04/12/2013	Dutch	PDF
Abridged model	31/12/2012	15/10/2013	20/11/2013	Dutch	PDF
Abridged model	31/12/2011	01/10/2012	29/10/2012	Dutch	PDF
Abridged model	31/12/2010	14/07/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	25/05/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	21/06/2007	Dutch	PDF
Abridged model	31/12/2005	30/08/2006	31/08/2006	Dutch	PDF
Abridged model	31/12/2004	26/09/2005	30/09/2005	Dutch	PDF
Abridged model	31/12/2003	27/09/2004	30/09/2004	Dutch	PDF
Abridged model	31/12/2002	21/05/2003	19/06/2003	Dutch	PDF
Abridged model	31/12/2001	21/05/2002	24/06/2002	Dutch	PDF
Abridged model	31/12/2000	24/09/2001	05/10/2001	Dutch	PDF

View all 39 filings

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 31/12/2022 · 1 active

Active mandates

GODELIEVE COENEN

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution11/07/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Registered office27/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office02/03/2009
MAATSCHAPPELIJKE ZETEL
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

2022
Annual accounts 2022166,2 k €↑
2021
Annual accounts 202111,7 k €↓
2020
Annual accounts 202023 k €↑
2019
Annual accounts 201912,5 k €↓
2018
Annual accounts 201814,1 k €↓
2017
Annual accounts 201721,9 k €↓
2016
Annual accounts 201627,4 k €↑
2015
Annual accounts 20158,9 k €↑
2014
Annual accounts 20148,7 k €↓
2013
Annual accounts 201311,7 k €↓
2012
Annual accounts 201223,8 k €↑
2011
Annual accounts 20118,7 k €↓
2010
Annual accounts 201022,5 k €↑
2009
Annual accounts 2009-30,2 k €↓
2008
Annual accounts 2008147,6 k €↑
2007
Annual accounts 2007-47,2 k €↓
2006
Annual accounts 20062,5 k €

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

Cover

Overview

What does Cover do?

Trend over 17 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