ACTIVE

Cover Flooring BE

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Financial year 2025 · closed on 31/12/2025

Net result

119,2 k €

-46.2% YoY

Gross margin

657,3 k €

Equity

394,8 k €

+43.3% YoY

Workforce

6,5 ETP

-4.4% YoY

What does Cover Flooring BE do?

Cover Flooring BE is a Public limited company incorporated in 1994. Its main activity is: Preparation and spinning of textile fibres. Its registered office is in Dendermonde. It employs on average 6,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.260.907

Incorporation

31/08/1994

Legal form

Public limited company

Registered office

Hoogveld 90
9200 Dendermonde · FlandreSee on map

Contributed capital

248 000,00 €

Latest accounts

31/12/2025

Average workforce

6,5 ETP

Activities (NACE)

13100Preparation and spinning of textile fibres· main 13100Preparation and spinning of textile fibres 13930Manufacture of carpets and rugs 13930Manufacture of carpets and rugs 17170Manufacture of pulp, paper and paperboard

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2021		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	657,3 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	168,5 k €	-39.0%	276,3 k €	+126%	122,4 k €	-15.5%	145 k €	-44.5%	261,4 k €	-5.3%	276,1 k €	-5.5%	292,2 k €	+58.0%	184,9 k €	-7.2%	199,3 k €	+13.8%	175,1 k €	+64.1%	106,7 k €	+262%	29,5 k €	-37.9%	47,5 k €	+1290%	3,4 k €	+107%	-51,3 k €	-391%	-10,5 k €
Operating result	144 k €	-41.3%	245,5 k €	+138%	103,3 k €	-14.1%	120,3 k €	-41.4%	205,4 k €	-2.5%	210,7 k €	-12.0%	239,5 k €	+80.2%	132,9 k €	-18.7%	163,5 k €	+8.3%	151 k €	+58.7%	95,2 k €	+177%	34,3 k €	+38.2%	24,9 k €	+628%	3,4 k €	+107%	-51,3 k €	-391%	-10,5 k €
Net result	119,2 k €	-46.2%	221,8 k €	+155%	86,9 k €	-29.4%	123,1 k €	-14.4%	143,8 k €	+5.6%	136,2 k €	-11.3%	153,5 k €	+47.4%	104,1 k €	-40.3%	174,4 k €	+9.3%	159,6 k €	+67.4%	95,4 k €	+227%	29,2 k €	+43.6%	20,3 k €	-48.9%	39,7 k €	+178%	-51,1 k €	-98.7%	-25,7 k €
Balance sheet
Equity	394,8 k €	+43.3%	275,5 k €	+0.7%	273,8 k €	-60.2%	687,5 k €	+14.9%	598,6 k €	+0.6%	594,7 k €	+0.2%	593,5 k €	+0.6%	590 k €	+21.4%	485,8 k €	+56.0%	311,4 k €	+105%	151,8 k €	+518%	-36,3 k €	+44.5%	-65,5 k €	+23.7%	-85,9 k €	+31.6%	-125,6 k €	-68.7%	-74,5 k €
Total assets	651,4 k €	-9.4%	719,2 k €	+19.3%	603,1 k €	-28.5%	843,8 k €	-4.6%	884,6 k €	-2.2%	904,8 k €	+1.2%	894,2 k €	+23.3%	725,1 k €	+17.1%	619 k €	+53.0%	404,5 k €	+75.2%	230,8 k €	+10.1%	209,6 k €	-11.6%	237,3 k €	+276%	63 k €	+1006%	5,7 k €	-38.6%	9,3 k €
Cash	–		–		28,8 €		–		–		–		–		5,2 €		–		9,4 k €	-68.5%	30 k €	-58.7%	72,6 k €	-11.0%	81,6 k €	+367%	17,5 k €	+1017%	1,6 k €	-78.2%	7,2 k €
Debts	256,7 k €	-42.1%	443,6 k €	+34.7%	329,3 k €	+111%	156,3 k €	-45.4%	286,1 k €	-7.3%	308,6 k €	+2.8%	300,1 k €	+122%	135,1 k €	+1.7%	132,9 k €	+48.4%	89,6 k €	+13.6%	78,9 k €	-67.9%	245,8 k €	-18.8%	302,8 k €	+105%	147,8 k €	+12.6%	131,3 k €	+56.8%	83,7 k €
Other
Workforce	6,5 ETP	-4.4%	6,8 ETP	0.0%	6,8 ETP	+4.6%	6,5 ETP	-25.3%	8,7 ETP	-1.1%	8,8 ETP	+44.3%	6,1 ETP	+10.9%	5,5 ETP	+44.7%	3,8 ETP	0.0%	3,8 ETP	0.0%	3,8 ETP	+8.6%	3,5 ETP	+25.0%	2,8 ETP	+300%	0,7 ETP		–		1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 27 ended

Active mandates

Kris De Saedeleir

Managing director · since 16 décembre 2019 · until 19 mai 2031

Active

Patrick De Saedeleir

Director · since 16 décembre 2019 · until 19 mai 2031

Active

Ended mandates

Kris De Saedeleir

Managing director · since 16 décembre 2019 · until 16 décembre 2025

Ended

Patrick De Saedeleir

Director · since 16 décembre 2019 · until 16 décembre 2025

Ended

Kris De Saedeleir

Managing director · since 22 mai 2018 · until 16 décembre 2025

Ended

Patrick De Saedeleir

Director · since 22 mai 2018 · until 16 décembre 2025

Ended

At this address

Other companies at this address

Company	CBE no.
DS Fiberlink● Active	0425.100.817
DS TEXTILE GROUP● Active	0471.451.672
GROEP DE SAEDELEIR● Active	0844.294.829

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full model	Full model	Full model	Full 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	18/06/2026	19/06/2025	24/06/2024	05/06/2023	01/07/2022	25/06/2021
General meeting	18/05/2026	19/05/2025	21/05/2024	15/05/2023	27/06/2022	17/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	19/05/2025	19/06/2025	Dutch	PDF
Full model	31/12/2023	21/05/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	15/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	27/06/2022	01/07/2022	Dutch	PDF
Full model	31/12/2020	17/05/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	18/05/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	20/05/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	22/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	15/05/2017	13/06/2017	Dutch	PDF
Full model	31/12/2015	17/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	18/05/2015	28/05/2015	Dutch	PDF
Full model	31/12/2013	19/05/2014	03/06/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	31/05/2013	Dutch	PDF
Full model	31/12/2011	21/05/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	16/05/2011	30/05/2011	Dutch	PDF
Full model	31/12/2009	17/05/2010	26/05/2010	Dutch	PDF
Full model	31/12/2008	18/05/2009	22/06/2009	Dutch	PDF
Full model	31/12/2007	26/05/2008	13/06/2008	Dutch	PDF
Full model	31/12/2006	21/05/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 27 ended

Active mandates

Kris De Saedeleir

Managing director · since 16 décembre 2019 · until 19 mai 2031

Active

Patrick De Saedeleir

Director · since 16 décembre 2019 · until 19 mai 2031

Active

Ended mandates

Kris De Saedeleir

Managing director · since 16 décembre 2019 · until 16 décembre 2025

Ended

Patrick De Saedeleir

Director · since 16 décembre 2019 · until 16 décembre 2025

Ended

Kris De Saedeleir

Managing director · since 22 mai 2018 · until 16 décembre 2025

Ended

Patrick De Saedeleir

Director · since 22 mai 2018 · until 16 décembre 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other06/01/2020
BENAMING
PDF
Mandates05/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2016
BENOEMING BESTUURDER EN COMMISSARIS
PDF
Mandates09/07/2013
BENOEMING COMMISSARIS
PDF
Mandates23/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2011
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

2025
Annual accounts 2025119,2 k €↓
2024
Annual accounts 2024221,8 k €↑
2023
Annual accounts 202386,9 k €↓
2021
Annual accounts 2021123,1 k €↓
2019
Annual accounts 2019143,8 k €↑
2019
Name changeCOVER FLOORING BE
2018
Annual accounts 2018136,2 k €↓
2017
Annual accounts 2017153,5 k €↑
2016
Annual accounts 2016104,1 k €↓
2015
Annual accounts 2015174,4 k €↑
2014
Annual accounts 2014159,6 k €↑
2013
Annual accounts 201395,4 k €↑
2011
Annual accounts 201129,2 k €↑
2010
Annual accounts 201020,3 k €↓
2009
Annual accounts 200939,7 k €↑
2009
Name changeEvent Flooring Services
2008
Annual accounts 2008-51,1 k €↓
2007
Annual accounts 2007-25,7 k €
2007
Name changeALFAFLOOR
31/08/1994
IncorporationPublic limited company

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 Flooring BE

Overview

What does Cover Flooring BE do?

Trend over 16 financial years

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