ACTIVE

COVER

Financial year 2024 · closed on 31/12/2024
Net result
-21,6 k €
-21.1% YoY
Gross margin
4,5 k €
-71.2% YoY
Equity
120,3 k €
-15.2% YoY

What does COVER do?

COVER is a Public limited company incorporated in 1999. Its registered office is in Mechelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.760.049
Incorporation
01/04/1999
Legal form
Public limited company
Registered office
Guido Gezellelaan 75
2800 Mechelen · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182016201420132012201120102009200820072006
Income statement
Gross margin4,5 k €15,6 k €48,9 k €35,8 k €40 k €48,9 k €59,4 k €48,9 k €32,4 k €299 €-8,6 k €40,4 k €42,7 k €31,3 k €2,7 k €23,7 k €
EBITDA1,5 k €8,1 k €24,9 k €32,7 k €33,3 k €30,3 k €37,6 k €-3,7 k €29,6 k €-2,9 k €-2,4 k €-8,6 k €40,2 k €42,6 k €16 k €465 €13,7 k €
Operating result-21,5 k €-14,9 k €5,9 k €13,6 k €14,2 k €12,3 k €15,1 k €-26,7 k €28,7 k €-15 k €-14,5 k €-20,2 k €27,7 k €30,1 k €3,4 k €-12,8 k €1,9 k €
Net result-21,6 k €-17,9 k €2,1 k €7,4 k €5,2 k €1,5 k €10,9 k €-33,7 k €28,7 k €-15 k €-21,3 k €-22,8 k €26,9 k €27,5 k €2,5 k €-17,6 k €-3,1 k €
Balance sheet
Equity120,3 k €141,9 k €159,7 k €157,6 k €150,3 k €145,1 k €143,6 k €108 k €142,7 k €114 k €113,8 k €135,2 k €158 k €131,1 k €103,6 k €101,2 k €118,7 k €
Total assets242,7 k €265,7 k €296,4 k €311,6 k €335 k €355,8 k €369,4 k €366,9 k €205,1 k €209,9 k €217,5 k €230,1 k €295 k €278,4 k €266,7 k €279,2 k €351,7 k €
Cash123 €173 €7,9 k €101 €4,5 k €6,2 k €791 €1,5 k €67 €29 €516 €539 €90 €349 €246 €2,8 k €
Debts41,3 k €60,3 k €84,2 k €104,5 k €149,4 k €153,7 k €161 k €175,8 k €7 k €15,1 k €4,7 k €75,8 k €136,5 k €147,3 k €161 k €167,9 k €232,9 k €
Other
Workforce1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

leonard de pauw

Mandate

Active

Ended mandates

carine de pauw

Mandate

Ended
DORVAL

Mandate · 0425.634.713

Ended
At this address

Other companies at this address

CompanyCBE no.
DEN APPELAREBankrupt
0400.824.487
DORVALActive
0425.634.713
1025.821.817
0430.006.839
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date28/11/202527/07/202401/08/202320/07/202210/06/202130/07/2020
General meeting30/06/202530/06/202430/06/202324/06/202206/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202528/11/2025DutchPDF
Micro model31/12/202330/06/202427/07/2024DutchPDF
Micro model31/12/202230/06/202301/08/2023DutchPDF
Micro model31/12/202124/06/202220/07/2022DutchPDF
Micro model31/12/202006/06/202110/06/2021DutchPDF
Micro model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201830/06/201931/07/2019DutchPDF
Abridged model31/12/201628/06/201712/10/2017DutchPDF
Abridged model31/12/201413/11/201529/12/2015DutchPDF
Abridged model31/12/201314/11/201429/12/2015DutchPDF
Abridged model31/12/201230/06/201325/08/2013DutchPDF
Abridged model31/12/201130/06/201205/09/2012DutchPDF
Abridged model31/12/201006/06/201124/06/2011DutchPDF
Abridged model31/12/200925/06/201023/07/2010DutchPDF
Abridged model31/12/200825/06/200922/07/2009DutchPDF
Abridged model31/12/200729/06/200825/07/2008DutchPDF
Abridged model31/12/200629/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 2 ended

Active mandates

leonard de pauw

Mandate

Active

Ended mandates

carine de pauw

Mandate

Ended
DORVAL

Mandate · 0425.634.713

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/04/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2005
    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

Timeline

  1. 2024
    Annual accounts 2024-21,6 k €
  2. 2023
    Annual accounts 2023-17,9 k €
  3. 2022
    Annual accounts 20222,1 k €
  4. 2021
    Annual accounts 20217,4 k €
  5. 2020
    Annual accounts 20205,2 k €
  6. 2019
    Annual accounts 20191,5 k €
  7. 2018
    Annual accounts 201810,9 k €
  8. 2016
    Annual accounts 2016-33,7 k €
  9. 2014
    Annual accounts 201428,7 k €
  10. 2013
    Annual accounts 2013-15 k €
  11. 2012
    Annual accounts 2012-21,3 k €
  12. 2011
    Annual accounts 2011-22,8 k €
  13. 2010
    Annual accounts 201026,9 k €
  14. 2009
    Annual accounts 200927,5 k €
  15. 2008
    Annual accounts 20082,5 k €
  16. 2007
    Annual accounts 2007-17,6 k €
  17. 2006
    Annual accounts 2006-3,1 k €
  18. 01/04/1999
    IncorporationPublic limited company