ACTIVE

COVACO

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+1,7 %over 1 year

Gross margin3,7 M €+28,2 %over 1 year

Equity2 M €+39,6 %over 1 year

Workforce20,0 ETP+13,0 %over 1 year

Identity

Source · BCE/KBO

COVACO is a Private limited company incorporated in 1986. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Zandhoven. It employs on average 20,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.033.761
Incorporation: 09/12/1986
Legal form: Private limited company
Registered office: Langestraat 99 box 2
2240 Zandhoven · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 20,0 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 67201Agents et courtiers d'assurances 64200Activities of holding companies 64210Activities of holding companies 70200Management consultancy activities+1

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,7 M €	+28.2%	2,9 M €	+21.4%	2,4 M €	+21.2%	2 M €	+20.6%	1,6 M €
EBITDA	2,4 M €	+37.3%	1,7 M €	+25.8%	1,4 M €	+22.3%	1,1 M €	+2.4%	1,1 M €
Operating result	1,9 M €	+40.5%	1,4 M €	+23.2%	1,1 M €	+26.7%	885,1 k €	-13.3%	1 M €
Net result	1,8 M €	+1.7%	1,8 M €	+71.1%	1,1 M €	+102%	520,1 k €	-47.7%	995 k €
Balance sheet
Equity	2 M €	+39.6%	1,5 M €	+60.0%	914,5 k €	+19.8%	763,2 k €	+2.7%	743 k €
Total assets	15,3 M €	+25.8%	12,1 M €	+61.3%	7,5 M €	+81.7%	4,1 M €	-0.7%	4,2 M €
Cash	1,6 M €	-14.3%	1,9 M €	+347%	418,8 k €	+130%	182,3 k €	-66.0%	536 k €
Debts	13,2 M €	+23.9%	10,7 M €	+61.5%	6,6 M €	+97.7%	3,3 M €	-0.6%	3,4 M €
Other
Workforce	20,0 ETP	+13.0%	17,7 ETP	+20.4%	14,7 ETP	+21.5%	12,1 ETP	+26.0%	9,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MIURA0678.993.763Represented by Vincent Cools	Directorsince 31/07/2017Manager25/10/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Cools	Manager2016 accountsAdministrator - manager2006 accounts

Other companies at this address

Langestraat 99 2240 Zandhoven

Company	CBE no.
COVACO Invest● Active	0786.372.664
FINCOR● Active	0688.588.449
I.K.P.● Active	0471.507.694
MAURO● Active	0474.679.002
VP CONSTRUCT● Active	0889.392.307
VP Invest● Active	0747.474.872
VP TERRAE● Active	0654.838.387

Full financial information

Source · NBB

	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	23/07/2026	23/07/2025	24/07/2024	31/08/2023	17/10/2022	28/09/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	27/05/2023	30/06/2022	29/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	17/10/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	28/09/2021	Dutch	PDF
Abridged model	31/12/2019	26/08/2020	11/09/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/10/2018	Dutch	PDF
Micro model	31/12/2016	27/05/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	25/05/2013	27/09/2013	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	28/10/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	30/11/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MIURA0678.993.763Represented by Vincent Cools	Directorsince 31/07/2017Manager25/10/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Cools	Manager2016 accountsAdministrator - manager2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring15/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates20/06/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2004
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

MIURA

EDDY COOLS

19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

COVACO

Langestraat 99 bte 2, 2240 Zandhoven

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Langestraat 99 bte 2, 2240 ZandhovenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00323401

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
COVACOCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00323401

Events

2025
Annual accounts 20251,8 M €↑
2024
Annual accounts 20241,8 M €↑
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022520,1 k €↓
2021
Annual accounts 2021995 k €↑
2020
Annual accounts 2020817,6 k €↑
2019
Annual accounts 2019433,3 k €↑
2018
Annual accounts 2018390,3 k €↑
2017
Annual accounts 201720,2 k €↓
2016
Annual accounts 2016116,5 k €↓
2015
Annual accounts 2015138 k €↑
2014
Annual accounts 201412 k €↓
2013
Annual accounts 201349,9 k €↑
2012
Annual accounts 201222,4 k €↑
2011
Annual accounts 20111,1 k €↓
2010
Annual accounts 201016,2 k €↓
2009
Annual accounts 200934,6 k €↑
2008
Annual accounts 20087,5 k €↓
2007
Annual accounts 200716,8 k €↓
2006
Annual accounts 200620,9 k €
09/12/1986
IncorporationPrivate limited company

COVACO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events