ACTIVE

COVADAK

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Financial year 2024 · Closed on 31/12/2024

Net result
22 k €
-77,9 %over 1 year
Gross margin
362,2 k €
-29,0 %over 1 year
Equity
320,3 k €
+3,6 %over 1 year
Workforce
6,6 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

COVADAK is a Private limited company incorporated in 1998. Its registered office is in Kruisem. It employs on average 6,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.564.582
Incorporation
19/06/1998
Legal form
Private limited company
Registered office
Boeregemstraat 6 box A
9750 Kruisem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
6,6 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin362,2 k €510,1 k €472 k €393,1 k €356,1 k €
EBITDA50,7 k €162,3 k €94 k €33,8 k €42,1 k €
Operating result28 k €148,6 k €81,3 k €25,5 k €34,3 k €
Net result22 k €99,7 k €51,8 k €10,6 k €23,1 k €
Balance sheet
Equity320,3 k €309,3 k €217,8 k €166 k €155,4 k €
Total assets499,4 k €503,8 k €492,6 k €367,2 k €382,4 k €
Cash95,8 k €170,1 k €56,7 k €18,8 k €21,5 k €
Debts179,1 k €194,6 k €265,8 k €201,2 k €227 k €
Other
Workforce6,6 ETP6,6 ETP7,5 ETP9,7 ETP7,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

TOM DEVOS

Manager

Active

Ended mandates

INGE DE WITTE

Managing director

Ended
TOM DEVOS

Director

Ended
TOM DEVOS

Managing director

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202530/09/202406/10/202330/08/202226/08/202131/08/2020
General meeting20/05/202521/05/202416/05/202317/05/202218/05/202119/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/05/202531/08/2025DutchPDF
Abridged model31/12/202321/05/202430/09/2024DutchPDF
Abridged model31/12/202216/05/202306/10/2023DutchPDF
Abridged model31/12/202117/05/202230/08/2022DutchPDF
Abridged model31/12/202018/05/202126/08/2021DutchPDF
Abridged model31/12/201919/05/202031/08/2020DutchPDF
Abridged model31/12/201821/05/201929/08/2019DutchPDF
Abridged model31/12/201715/05/201831/08/2018DutchPDF
Abridged model31/12/201616/05/201728/08/2017DutchPDF
Abridged model31/12/201517/05/201625/08/2016DutchPDF
Abridged model31/12/201419/05/201509/07/2015DutchPDF
Abridged model31/12/201320/05/201415/07/2014DutchPDF
Abridged model31/12/201207/05/201320/08/2013DutchPDF
Abridged model31/12/201115/05/201202/07/2012DutchPDF
Abridged model31/12/201017/05/201113/07/2011DutchPDF
Abridged model31/12/200918/05/201008/07/2010DutchPDF
Abridged model31/12/200819/05/200923/07/2009DutchPDF
Abridged model31/12/200720/05/200825/08/2008DutchPDF
Abridged model31/12/200615/05/200726/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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 31/12/2024

1 active · 3 ended

Active mandates

TOM DEVOS

Manager

Active

Ended mandates

INGE DE WITTE

Managing director

Ended
TOM DEVOS

Director

Ended
TOM DEVOS

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares03/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates09/11/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202422 k €↓
  2. 2023
    Annual accounts 202399,7 k €↑
  3. 2022
    Annual accounts 202251,8 k €↑
  4. 2021
    Annual accounts 202110,6 k €↓
  5. 2020
    Annual accounts 202023,1 k €↑
  6. 2019
    Annual accounts 20193,7 k €↑
  7. 2018
    Annual accounts 2018-29,6 k €↓
  8. 2017
    Annual accounts 20178,2 k €↑
  9. 2016
    Annual accounts 2016-7 k €↓
  10. 2015
    Annual accounts 201541,9 k €↓
  11. 2014
    Annual accounts 201458,9 k €↑
  12. 2013
    Annual accounts 201330,8 k €↑
  13. 2012
    Annual accounts 201219,9 k €↓
  14. 2011
    Annual accounts 201137,4 k €↑
  15. 2010
    Annual accounts 2010-187,8 k €↓
  16. 2009
    Annual accounts 20092,5 k €↓
  17. 2008
    Annual accounts 200838,9 k €↓
  18. 2007
    Annual accounts 200756 k €↑
  19. 2006
    Annual accounts 200653,1 k €
  20. 19/06/1998
    IncorporationPrivate limited company