ACTIVE

COVENT

Financial year 2025 · closed on 30/09/2025
Net result
108,1 k €
-14.3% YoY
Gross margin
-15,1 k €
-11.8% YoY
Equity
3,3 M €
+3.1% YoY
Workforce
0,0 ETP

What does COVENT do?

COVENT is a Public limited company incorporated in 1993. Its registered office is in Merelbeke-Melle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.906.190
Incorporation
16/04/1993
Legal form
Public limited company
Registered office
Hundelgemsesteenweg 101B box 5
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
3 241 600,72 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222007
Income statement
Gross margin-15,1 k €-13,5 k €-9,1 k €-29,9 k €-10,5 k €
EBITDA-21,2 k €-18,8 k €-14,4 k €-33,3 k €-11,4 k €
Operating result-21,2 k €-18,8 k €-14,4 k €-33,3 k €-11,4 k €
Net result108,1 k €126,2 k €104,5 k €-325,7 k €-4,4 k €
Balance sheet
Equity3,3 M €3,2 M €3,1 M €3 M €415,1 k €
Total assets3,4 M €3,2 M €3,1 M €3 M €3,6 M €
Cash113,3 k €35,3 k €14,4 k €131 k €1,5 M €
Debts44,1 k €2 k €2,1 k €16 k €3,2 M €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 6 active · 49 ended

Active mandates

Alexander Baekelandt

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Ann Lefebvre

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Philippe Geysens

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Pieter Willaert

Chairman of the board of directors · since 11 janvier 2025 · until 10 janvier 2029

Active
Rik Joos

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Stefaan Geerts

Director · since 11 janvier 2025 · until 10 janvier 2029

Active

Ended mandates

Alexander Baekelandt

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Luc Brouckaert

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Philippe Geysens

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Pieter Willaert

Chairman of the board of directors · since 09 janvier 2021 · until 11 janvier 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
CORENTActive
0421.420.854
COVIMMOActive
0836.975.782
1003.322.765
MedizorgActive
0420.397.307
PYCK MARCActive
0423.519.915
SICIL-SEEDLINGActive
0426.631.437
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/01/202627/01/202531/01/202418/01/202325/02/202205/02/2021
General meeting10/01/202611/01/202513/01/202414/01/202312/02/202209/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202510/01/202616/01/2026DutchPDF
Abridged model30/09/202411/01/202527/01/2025DutchPDF
Abridged model30/09/202313/01/202431/01/2024DutchPDF
Abridged model30/09/202214/01/202318/01/2023DutchPDF
Abridged model30/09/202112/02/202225/02/2022DutchPDF
Abridged model30/09/202009/01/202105/02/2021DutchPDF
Abridged model30/09/201911/01/202016/01/2020DutchPDF
Abridged model30/09/201812/01/201915/02/2019DutchPDF
Abridged model30/09/201713/01/201819/02/2018DutchPDF
Abridged model30/09/201614/01/201703/03/2017DutchPDF
Abridged model30/09/201509/01/201601/02/2016DutchPDF
Abridged model30/09/201410/01/201513/02/2015DutchPDF
Abridged model30/09/201311/01/201411/02/2014DutchPDF
Abridged model30/09/201226/01/201325/02/2013DutchPDF
Abridged model30/09/201114/01/201205/04/2012DutchPDF
Abridged model30/09/201008/01/201110/01/2011DutchPDF
Abridged model30/09/200909/01/201019/02/2010DutchPDF
Abridged model30/09/200810/01/200912/01/2009DutchPDF
Abridged model30/09/200712/01/200819/02/2008DutchPDF
Abridged model30/09/200613/01/200726/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 30/09/2025 · 6 active · 49 ended

Active mandates

Alexander Baekelandt

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Ann Lefebvre

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Philippe Geysens

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Pieter Willaert

Chairman of the board of directors · since 11 janvier 2025 · until 10 janvier 2029

Active
Rik Joos

Director · since 11 janvier 2025 · until 10 janvier 2029

Active
Stefaan Geerts

Director · since 11 janvier 2025 · until 10 janvier 2029

Active

Ended mandates

Alexander Baekelandt

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Luc Brouckaert

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Philippe Geysens

Director · since 09 janvier 2021 · until 11 janvier 2025

Ended
Pieter Willaert

Chairman of the board of directors · since 09 janvier 2021 · until 11 janvier 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/02/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/08/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/06/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates11/05/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/09/2014
    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

Timeline

  1. 2025
    Annual accounts 2025108,1 k €
  2. 2024
    Annual accounts 2024126,2 k €
  3. 2023
    Annual accounts 2023104,5 k €
  4. 2022
    Annual accounts 2022-325,7 k €
  5. 2007
    Annual accounts 2007-4,4 k €
  6. 16/04/1993
    IncorporationPublic limited company