COVERING
0451.726.525 · rovalta.com · 23/09/2026
ACTIVE
COVERING
Financial year 2025 · closed on 30/06/2025
Net result
12,5 k €
+116.4% YoY
Gross margin
308,1 k €
+112.8% YoY
Equity
266,6 k €
+4.9% YoY
Workforce
1,9 ETP
-5.0% YoY
Overview
What does COVERING do?
COVERING is a Public limited company incorporated in 1994. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Izegem. It employs on average 1,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.726.525
Incorporation
07/01/1994
Legal form
Public limited company
Registered office
Lodewijk de Raetlaan 30
8870 Izegem · FlandreSee on map
8870 Izegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Average workforce
1,9 ETP
Activities (NACE)
Joint committees (4)
- 116
- 1160
- 207
- 2070
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 308,1 k € | +113% | 144,7 k € | -17.2% | 174,8 k € | +51.5% | 115,4 k € | -30.6% | 166,3 k € | -3.2% | 171,7 k € | -41.9% | 295,3 k € | +19.7% | 246,7 k € | -5.9% | 262,3 k € | +10.3% | 237,7 k € | -8.2% | 259,1 k € | -10.8% | 290,4 k € | +7.3% | 270,5 k € | -1.2% | 273,8 k € | +0.6% | 272,3 k € | +6.1% | 256,7 k € | +17.2% | 219,1 k € | +19.8% | 182,9 k € | +20.8% | 151,5 k € | -0.9% | 152,8 k € |
| EBITDA | 175,6 k € | +299% | 44 k € | -58.3% | 105,6 k € | +5908% | -1,8 k € | -102% | 96,7 k € | +14.6% | 84,4 k € | -55.8% | 190,9 k € | +30.6% | 146,1 k € | -9.0% | 160,5 k € | +10.7% | 145 k € | -12.2% | 165,1 k € | -6.7% | 176,9 k € | +9.2% | 162 k € | +0.3% | 161,4 k € | -3.1% | 166,6 k € | +8.2% | 154 k € | +46.4% | 105,2 k € | +24.2% | 84,7 k € | -6.9% | 91 k € | +8.1% | 84,1 k € |
| Operating result | 37 k € | +145% | -82,6 k € | -517% | 19,8 k € | +118% | -107,5 k € | -576% | 22,6 k € | +121% | 10,2 k € | -88.9% | 92 k € | +110% | 43,7 k € | -26.8% | 59,7 k € | +33.7% | 44,6 k € | -6.7% | 47,9 k € | -66.0% | 140,5 k € | +89.7% | 74,1 k € | +20.8% | 61,3 k € | -25.0% | 81,8 k € | +1.4% | 80,7 k € | +55.8% | 51,8 k € | +56.4% | 33,1 k € | -10.6% | 37,1 k € | +70.2% | 21,8 k € |
| Net result | 12,5 k € | +116% | -76,2 k € | -1334% | 6,2 k € | +105% | -128 k € | -1380% | 10 k € | +212% | -8,9 k € | -126% | 33,9 k € | +6722% | 497,1 € | -96.2% | 12,9 k € | +116% | 6 k € | -20.9% | 7,6 k € | -88.4% | 65 k € | +63.3% | 39,8 k € | +77.1% | 22,5 k € | -36.1% | 35,2 k € | -2.4% | 36 k € | +63.6% | 22 k € | +874% | 2,3 k € | -72.3% | 8,2 k € | -6.2% | 8,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 266,6 k € | +4.9% | 254,1 k € | -23.1% | 330,3 k € | +1.9% | 324,1 k € | -28.3% | 452,1 k € | +2.3% | 442,1 k € | -2.0% | 451 k € | +8.1% | 417,1 k € | +0.1% | 416,6 k € | +1.2% | 411,7 k € | -0.5% | 413,8 k € | -0.1% | 414,3 k € | +16.0% | 357,3 k € | +12.6% | 317,4 k € | +7.6% | 295 k € | +13.5% | 259,8 k € | +16.1% | 223,7 k € | +10.9% | 201,7 k € | +1.1% | 199,4 k € | +4.3% | 191,2 k € |
| Total assets | 1,3 M € | -5.2% | 1,4 M € | -5.3% | 1,5 M € | -4.5% | 1,5 M € | +21.6% | 1,3 M € | +6.0% | 1,2 M € | -7.4% | 1,3 M € | -1.7% | 1,3 M € | -9.9% | 1,5 M € | -7.9% | 1,6 M € | -1.5% | 1,6 M € | +25.5% | 1,3 M € | +29.6% | 991,5 k € | -13.7% | 1,1 M € | +1.2% | 1,1 M € | +2.2% | 1,1 M € | +8.2% | 1 M € | +2.8% | 999,1 k € | +7.0% | 933,7 k € | -0.3% | 936,9 k € |
| Cash | 59,6 k € | -58.2% | 142,6 k € | +119% | 65,3 k € | -14.8% | 76,6 k € | +68.6% | 45,4 k € | -29.0% | 64 k € | -51.6% | 132,1 k € | +18.2% | 111,7 k € | -15.9% | 132,8 k € | -26.8% | 181,5 k € | +23.8% | 146,6 k € | -73.2% | 546,7 k € | +503% | 90,7 k € | -41.2% | 154,1 k € | +283% | 40,3 k € | -17.7% | 48,9 k € | -35.4% | 75,7 k € | +67.1% | 45,3 k € | +237% | 13,4 k € | -33.5% | 20,2 k € |
| Debts | 1 M € | -12.2% | 1,1 M € | +0.4% | 1,1 M € | -6.5% | 1,2 M € | +50.6% | 810,5 k € | +7.6% | 752,9 k € | -8.3% | 821,1 k € | -6.4% | 876,8 k € | -14.3% | 1 M € | -12.5% | 1,2 M € | -2.5% | 1,2 M € | +37.7% | 870,8 k € | +37.3% | 634,2 k € | -23.6% | 830,6 k € | -1.3% | 841,1 k € | -1.3% | 852,1 k € | +6.0% | 803,8 k € | +0.8% | 797,4 k € | +8.6% | 734,3 k € | -1.5% | 745,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 1,9 ETP | -5.0% | 2,0 ETP | +81.8% | 1,1 ETP | -42.1% | 1,9 ETP | +35.7% | 1,4 ETP | -22.2% | 1,8 ETP | -5.3% | 1,9 ETP | -5.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | -4.8% | 2,1 ETP | +5.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | +5.3% | 1,9 ETP | +5.6% | 1,8 ETP | -33.3% | 2,7 ETP | +35.0% | 2,0 ETP | 0.0% | 2,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 13 ended
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 | 01/07/2024 | 01/07/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 9 months | 12 months | 12 months | 12 months |
| Filing date | 30/01/2026 | 31/01/2025 | 21/12/2023 | 04/04/2023 | 26/04/2022 | 08/04/2021 |
| General meeting | 30/12/2025 | 30/01/2025 | 20/12/2023 | 04/03/2023 | 30/03/2022 | 08/03/2021 |
| 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 | 30/06/2025 | 30/12/2025 | 30/01/2026 | Dutch | |
| Abridged model | 30/06/2024 | 30/01/2025 | 31/01/2025 | Dutch | |
| Abridged model | 30/06/2023 | 20/12/2023 | 21/12/2023 | Dutch | |
| Abridged model | 30/09/2022 | 04/03/2023 | 04/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 30/03/2022 | 26/04/2022 | Dutch | |
| Abridged model | 30/09/2020 | 08/03/2021 | 08/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 07/03/2020 | 30/03/2020 | Dutch | |
| Abridged model | 30/09/2018 | 02/03/2019 | 02/05/2019 | Dutch | |
| Abridged model | 30/09/2017 | 03/03/2018 | 04/05/2018 | Dutch | |
| Abridged model | 30/09/2016 | 04/03/2017 | 09/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 05/03/2016 | 07/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 07/03/2015 | 28/04/2015 | Dutch | |
| Abridged model | 30/09/2013 | 03/03/2014 | 30/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 04/03/2013 | 25/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 05/03/2012 | 04/05/2012 | Dutch | |
| Abridged model | 30/09/2010 | 07/03/2011 | 25/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 01/03/2010 | 30/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 02/03/2009 | 02/04/2009 | Dutch | |
| Abridged model | 30/09/2007 | 03/03/2008 | 25/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 05/03/2007 | 26/04/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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 30/06/2025 · 1 active · 13 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring02/04/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring27/11/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Other29/09/2023DIVERSEN
- Mandates03/08/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2020ONTSLAGEN - BENOEMINGEN
- Mandates13/05/2019ONTSLAGEN - BENOEMINGEN
- Registered office11/03/2016MAATSCHAPPELIJKE ZETEL
- Mandates23/12/2013ONTSLAGEN - BENOEMINGEN
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 202512,5 k €↑
- 2024Annual accounts 2024-76,2 k €↓
- 2023Annual accounts 20236,2 k €↑
- 2022Annual accounts 2022-128 k €↓
- 2021Annual accounts 202110 k €↑
- 2020Annual accounts 2020-8,9 k €↓
- 2019Annual accounts 201933,9 k €↑
- 2018Annual accounts 2018497,1 €↓
- 2017Annual accounts 201712,9 k €↑
- 2016Annual accounts 20166 k €↓
- 2015Annual accounts 20157,6 k €↓
- 2014Annual accounts 201465 k €↑
- 2013Annual accounts 201339,8 k €↑
- 2012Annual accounts 201222,5 k €↓
- 2011Annual accounts 201135,2 k €↓
- 2010Annual accounts 201036 k €↑
- 2009Annual accounts 200922 k €↑
- 2008Annual accounts 20082,3 k €↓
- 2007Annual accounts 20078,2 k €↓
- 2006Annual accounts 20068,7 k €
- 07/01/1994IncorporationPublic limited company