ACTIVE

COVERASS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

124,2 k €

-46.0% YoY

Gross margin

305,5 k €

-35.5% YoY

Equity

630 k €

+18.1% YoY

What does COVERASS do?

COVERASS is a Private limited company incorporated in 1995. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Brakel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.138.747

Incorporation

28/04/1995

Legal form

Private limited company

Registered office

Ronsesestraat 256
9660 Brakel · FlandreSee on map

Contributed capital

6 205,32 €

Latest accounts

31/12/2025

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers

Joint committees (2)

307
3070

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	305,5 k €	-35.5%	473,7 k €	+82.2%	260 k €	+6.3%	244,5 k €	+8.5%	225,4 k €	+37.8%	163,6 k €	+16.9%	139,9 k €	-24.1%	184,3 k €	+1.1%	182,4 k €	+5.3%	173,3 k €	-6.9%	186,1 k €	+2.0%	182,4 k €	+58.6%	114,9 k €	+7.7%	106,8 k €	+16.4%	91,7 k €	+106%	44,5 k €	-52.6%	93,9 k €	+7.8%	87,1 k €
EBITDA	209,8 k €	-43.0%	368,3 k €	+134%	157,5 k €	+6.8%	147,5 k €	+9.9%	134,1 k €	+45.9%	91,9 k €	-16.9%	110,6 k €	-23.3%	144,3 k €	+1.2%	142,6 k €	+6.5%	133,8 k €	-7.8%	145,2 k €	-4.9%	152,7 k €	+34.7%	113,4 k €	+8.9%	104,1 k €	+14.6%	90,9 k €	+110%	43,2 k €	-53.4%	92,8 k €	+8.3%	85,7 k €
Operating result	183,8 k €	-46.2%	341,5 k €	+178%	122,6 k €	+9.8%	111,6 k €	+28.2%	87,1 k €	+61.0%	54,1 k €	-22.4%	69,7 k €	-28.8%	97,8 k €	+4.1%	94 k €	+29.4%	72,6 k €	-11.6%	82,2 k €	+73.1%	47,5 k €	-49.9%	94,8 k €	+10.6%	85,7 k €	+16.0%	73,9 k €	+175%	26,9 k €	-66.4%	80 k €	+9.9%	72,8 k €
Net result	124,2 k €	-46.0%	230,1 k €	+174%	84,1 k €	+11.1%	75,6 k €	+28.7%	58,8 k €	+150%	23,5 k €	-40.7%	39,5 k €	-40.3%	66,3 k €	+24.6%	53,2 k €	+2.0%	52,1 k €	-16.8%	62,7 k €	+9.8%	57,1 k €	-12.8%	65,4 k €	+5.1%	62,3 k €	+6.5%	58,5 k €	+140%	24,4 k €	-57.3%	57,1 k €	+50.9%	37,9 k €
Balance sheet
Equity	630 k €	+18.1%	533,6 k €	+62.6%	328,2 k €	+15.2%	284,9 k €	+2.9%	276,7 k €	-24.1%	364,8 k €	+6.9%	341,3 k €	-58.6%	823,8 k €	+8.7%	757,5 k €	+7.5%	704,4 k €	+8.0%	652,2 k €	+0.7%	647,6 k €	+9.7%	590,5 k €	+12.5%	525 k €	+13.5%	462,8 k €	+14.5%	404,3 k €	+6.4%	379,9 k €	+17.7%	322,8 k €
Total assets	833,2 k €	+18.8%	701,3 k €	+43.1%	490 k €	-8.5%	535,7 k €	-19.6%	666,2 k €	+10.6%	602,3 k €	-45.1%	1,1 M €	+3.9%	1,1 M €	+3.7%	1 M €	+4.4%	975,7 k €	-33.0%	1,5 M €	+55.9%	934 k €	+57.1%	594,6 k €	+12.0%	531 k €	+12.8%	470,8 k €	+14.2%	412,4 k €	+7.7%	382,9 k €	+15.2%	332,3 k €
Cash	101,4 k €	+57.7%	64,3 k €	+151%	25,6 k €	-44.5%	46,2 k €	-51.7%	95,5 k €	+120%	43,4 k €	-83.6%	263,9 k €	-6.9%	283,3 k €	+12.4%	252,1 k €	+114%	118 k €	-80.4%	601,5 k €	+2223%	25,9 k €	-89.2%	239,7 k €	+54.7%	155 k €	+30.1%	119,1 k €	+108%	57,3 k €	-62.9%	154,5 k €	+65.6%	93,3 k €
Debts	201,9 k €	+20.4%	167,6 k €	+3.9%	161,3 k €	-35.3%	249,3 k €	-35.8%	388,1 k €	+70.2%	228 k €	-69.8%	755,5 k €	+227%	230,9 k €	-11.2%	260 k €	-4.0%	270,7 k €	-66.2%	802 k €	+181%	285,6 k €	+7615%	3,7 k €	-38.3%	6 k €	-25.4%	8 k €	-1.2%	8,1 k €	+169%	3 k €	-68.3%	9,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	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 · 6 ended

Active mandates

Paul Collage

Director · since 01 juin 1995

Active

Marijke Gyselinck

Director · since 28 avril 1995

Active

Ended mandates

Marijke Gyselinck

Director

Ended

MARIJKE GYSELINCK

Mandate

Ended

MARIJKE GYSELINCK

Manager

Ended

Paul Collage

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	21/08/2026	21/08/2025	24/06/2024	18/04/2023	25/07/2022	12/05/2021
General meeting	30/06/2026	30/06/2025	20/06/2024	14/04/2023	15/05/2022	15/04/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	21/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	21/08/2025	Dutch	PDF
Micro model	31/12/2023	20/06/2024	24/06/2024	Dutch	PDF
Micro model	31/12/2022	14/04/2023	18/04/2023	Dutch	PDF
Micro model	31/12/2021	15/05/2022	25/07/2022	Dutch	PDF
Micro model	31/12/2020	15/04/2021	12/05/2021	Dutch	PDF
Micro model	31/12/2019	17/05/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	09/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	20/05/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	21/05/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/05/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	17/05/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	18/05/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	19/05/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/05/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/05/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	17/07/2007	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 · 6 ended

Active mandates

Paul Collage

Director · since 01 juin 1995

Active

Marijke Gyselinck

Director · since 28 avril 1995

Active

Ended mandates

Marijke Gyselinck

Director

Ended

MARIJKE GYSELINCK

Mandate

Ended

MARIJKE GYSELINCK

Manager

Ended

Paul Collage

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares16/01/2014
KAPITAAL - AANDELEN
PDF
Capital / shares24/08/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025124,2 k €↓
2024
Annual accounts 2024230,1 k €↑
2023
Annual accounts 202384,1 k €↑
2022
Annual accounts 202275,6 k €↑
2021
Annual accounts 202158,8 k €↑
2018
Annual accounts 201823,5 k €↓
2017
Annual accounts 201739,5 k €↓
2016
Annual accounts 201666,3 k €↑
2015
Annual accounts 201553,2 k €↑
2014
Annual accounts 201452,1 k €↓
2013
Annual accounts 201362,7 k €↑
2012
Annual accounts 201257,1 k €↓
2011
Annual accounts 201165,4 k €↑
2010
Annual accounts 201062,3 k €↑
2009
Annual accounts 200958,5 k €↑
2008
Annual accounts 200824,4 k €↓
2007
Annual accounts 200757,1 k €↑
2006
Annual accounts 200637,9 k €
28/04/1995
IncorporationPrivate 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

COVERASS

Overview

What does COVERASS do?

Trend over 18 financial years

Indicative valuation

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