ACTIVE

COVIMEX

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Financial year 2025 · closed on 31/12/2025

Net result

-213 k €

-19.2% YoY

Gross margin

142,9 k €

-13.4% YoY

Equity

1,1 M €

-15.7% YoY

Workforce

4,4 ETP

-8.3% YoY

What does COVIMEX do?

COVIMEX is a Public limited company incorporated in 1998. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Hooglede. It employs on average 4,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.765.404

Incorporation

07/12/1998

Legal form

Public limited company

Registered office

Koolskampstraat 21
8830 Hooglede · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

4,4 ETP

Activities (NACE)

46732Wholesale of wood, construction materials and sanitary equipment· main 46832Wholesale trade, except of motor vehicles and motorcycles 51531Air transport

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	142,9 k €	-13.4%	165 k €	+4.6%	157,6 k €	+20.5%	130,8 k €	-91.5%	1,5 M €	+45.7%	1,1 M €	+34.4%	787 k €	+90.0%	414,2 k €	+7.3%	386,2 k €	-19.4%	479 k €	+44.8%	330,8 k €		–		–		–		1 M €	-23.6%	1,3 M €	+41.1%	956,8 k €
EBITDA	-225,7 k €	-24.1%	-181,8 k €	+32.1%	-267,7 k €	+15.6%	-317,4 k €	-136%	880,1 k €	+61.0%	546,6 k €	+42.8%	382,8 k €	+738%	-60 k €	-155%	109,3 k €	-58.4%	262,6 k €	+239%	-188,9 k €	+0.5%	-189,8 k €	-466%	51,9 k €	-86.1%	374,4 k €	-30.1%	535,2 k €	-29.8%	761,9 k €	+93.7%	393,4 k €
Operating result	-234,9 k €	-17.9%	-199,2 k €	+31.5%	-291 k €	+16.1%	-346,7 k €	-141%	842,4 k €	+59.1%	529,5 k €	+50.8%	351,1 k €	+506%	-86,5 k €	-205%	82,5 k €	-65.9%	241,9 k €	+213%	-214,4 k €	+2.6%	-220,2 k €	-793%	31,8 k €	-90.5%	334,6 k €	-33.8%	505,1 k €	-31.7%	739,4 k €	+99.4%	370,9 k €
Net result	-213 k €	-19.2%	-178,7 k €	+35.3%	-276,3 k €	+18.7%	-340 k €	-154%	624,4 k €	+63.0%	383,1 k €	+211%	123 k €	+249%	-82,4 k €	-206%	77,7 k €	-66.8%	233,8 k €	+202%	-228,2 k €	-0.1%	-227,9 k €	-981%	25,9 k €	-86.1%	186,6 k €	-36.5%	294 k €	-50.7%	595,9 k €	+76.9%	336,8 k €
Balance sheet
Equity	1,1 M €	-15.7%	1,4 M €	-11.6%	1,5 M €	-45.4%	2,8 M €	-10.8%	3,2 M €	+24.7%	2,5 M €	+17.9%	2,1 M €	+6.1%	2 M €	-3.9%	2,1 M €	+3.8%	2 M €	+13.0%	1,8 M €	-11.3%	2 M €	-10.1%	2,2 M €	+1.2%	2,2 M €	+9.2%	2 M €	+16.9%	1,7 M €	-69.1%	5,6 M €
Total assets	1,2 M €	-16.1%	1,4 M €	-11.0%	1,6 M €	-44.9%	2,9 M €	-13.5%	3,4 M €	+7.0%	3,2 M €	+30.6%	2,4 M €	-1.5%	2,5 M €	-1.9%	2,5 M €	+0.1%	2,5 M €	+7.7%	2,3 M €	+4.3%	2,2 M €	-8.5%	2,4 M €	-1.3%	2,5 M €	-29.4%	3,5 M €	-3.1%	3,6 M €	-42.9%	6,3 M €
Cash	70,6 k €	-77.8%	318,5 k €	-67.5%	978,9 k €	-5.6%	1 M €	+2.1%	1 M €	+84.5%	550,3 k €	-42.7%	960,2 k €	+70.0%	564,8 k €	+11.4%	506,9 k €	-16.5%	607,1 k €	+268%	165,2 k €	-44.2%	295,9 k €	+8.9%	271,7 k €	-35.5%	421,1 k €	-74.9%	1,7 M €	+7.1%	1,6 M €	+48.4%	1,1 M €
Debts	61,7 k €	-23.5%	80,6 k €	+1.6%	79,4 k €	-31.6%	116 k €	-41.3%	197,6 k €	-67.1%	600,3 k €	+137%	253 k €	-40.1%	422,7 k €	+8.3%	390,2 k €	-19.0%	482 k €	-9.4%	531,9 k €	+169%	198,1 k €	+10.6%	179 k €	-28.9%	251,9 k €	-82.9%	1,5 M €	-19.1%	1,8 M €	+161%	696,7 k €
Other
Workforce	4,4 ETP	-8.3%	4,8 ETP	+4.3%	4,6 ETP	+2.2%	4,5 ETP	+95.7%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-63.5%	6,3 ETP	-34.4%	9,6 ETP	+6.7%	9,0 ETP	+3.4%	8,7 ETP	-3.3%	9,0 ETP	-10.0%	10,0 ETP	-16.7%	12,0 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 · 5 ended

Active mandates

BMVH

Director · 0477.042.931

Represented by LUC VALCKE

Active

Haverbeke Cecile

Director

Active

Ended mandates

BMVH

Managing director · 0477.042.931

Represented by LUC VALCKE

Ended

BMVH

Managing director · 0477.042.931

Represented by LUC VALCKE

Ended

Luc Valcke

Director · until 27 septembre 2019

Ended

Luc VALCKE

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
TACK● Active	0436.773.182

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	01/01/2025	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	16/07/2026	22/08/2025	19/07/2024	19/07/2023	20/07/2022	12/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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	01/06/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	12/08/2021	Dutch	PDF
Abridged model	31/12/2019	11/08/2020	08/09/2020	Dutch	PDF
Abridged model	30/09/2018	04/03/2019	12/04/2019	Dutch	PDF
Abridged model	30/09/2017	05/03/2018	30/03/2018	Dutch	PDF
Abridged model	30/09/2016	06/03/2017	25/04/2017	Dutch	PDF
Abridged model	30/09/2015	07/03/2016	08/04/2016	Dutch	PDF
Full model	30/09/2014	02/03/2015	31/03/2015	Dutch	PDF
Full model	30/09/2013	03/03/2014	22/04/2014	Dutch	PDF
Full model	30/09/2012	04/03/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	05/03/2012	23/05/2012	Dutch	PDF
Abridged model	30/09/2010	07/03/2011	04/04/2011	Dutch	PDF
Abridged model	30/09/2009	01/03/2010	23/03/2010	Dutch	PDF
Abridged model	30/09/2008	02/03/2009	26/03/2009	Dutch	PDF
Full model	30/09/2007	03/03/2008	10/03/2008	Dutch	PDF
Abridged model	30/09/2006	05/03/2007	22/03/2007	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 · 5 ended

Active mandates

BMVH

Director · 0477.042.931

Represented by LUC VALCKE

Active

Haverbeke Cecile

Director

Active

Ended mandates

BMVH

Managing director · 0477.042.931

Represented by LUC VALCKE

Ended

BMVH

Managing director · 0477.042.931

Represented by LUC VALCKE

Ended

Luc Valcke

Director · until 27 septembre 2019

Ended

Luc VALCKE

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates01/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/09/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2004
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 2025-213 k €↓
2024
Annual accounts 2024-178,7 k €↑
2023
Annual accounts 2023-276,3 k €↑
2023
Name changeCOVIMEX vanaf 2020
2022
Annual accounts 2022-340 k €↓
2021
Annual accounts 2021624,4 k €↑
2021
Name changeCOVIMEX
2020
Annual accounts 2020383,1 k €↑
2019
Annual accounts 2019123 k €↑
2018
Annual accounts 2018-82,4 k €↓
2017
Annual accounts 201777,7 k €↓
2016
Annual accounts 2016233,8 k €↑
2015
Annual accounts 2015-228,2 k €↓
2014
Annual accounts 2014-227,9 k €↓
2013
Annual accounts 201325,9 k €↓
2012
Annual accounts 2012186,6 k €↓
2011
Annual accounts 2011294 k €↓
2010
Annual accounts 2010595,9 k €↑
2009
Annual accounts 2009336,8 k €
07/12/1998
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

COVIMEX

Overview

What does COVIMEX do?

Trend over 17 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