ACTIVE

COVR

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Financial year 2025 · Closed on 31/12/2025

Net result236,8 k €-57,5 %over 1 year
Gross margin882,4 k €-3,3 %over 1 year
Equity2,7 M €+15,5 %over 1 year
Workforce5,2 ETP+136,4 %over 1 year

Identity

Source · BCE/KBO

COVR is a Private limited company incorporated in 1999. Its main activity is: Computer programming activities. Its registered office is in Geel. It employs on average 5,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.505.761
Incorporation
09/07/1999
Legal form
Private limited company
Registered office
Kleinhoefstraat 11 box 2
2440 Geel · FlandreSee on map
Contributed capital
463 453,37 €
Latest accounts
31/12/2025
Average workforce
5,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin882,4 k €912,8 k €360,1 k €766,7 k €447,5 k €
EBITDA381,4 k €752,3 k €212,2 k €662,5 k €411,3 k €
Operating result245,6 k €702 k €151,7 k €600,5 k €315,4 k €
Net result236,8 k €557,3 k €229,2 k €441,5 k €232,2 k €
Balance sheet
Equity2,7 M €2,3 M €1,8 M €1,6 M €1,1 M €
Total assets3 M €2,8 M €1,9 M €2,1 M €1,9 M €
Cash93,5 k €61,1 k €43,1 k €667,7 k €267,9 k €
Debts270,3 k €300,3 k €136,7 k €459,1 k €750,5 k €
Other
Workforce5,2 ETP2,2 ETP2,2 ETP1,3 ETP0,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NTX Holding0797.736.710Represented by Maarten Bovée
Managing directorsince 20/02/2026
SMANCO0894.369.395Represented by Tim Sleebus
Managing directorsince 24/02/2023Manager2015 accountsendedDirector2021 accountsended
ULTIMA0758.602.158Represented by Wim Jacobs
Directorsince 24/02/2023Managing directorlisted until the 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Arkeus Beheer0552.931.474Represented by Filip Touquet
Directorlisted until the 2022 accounts
DMJ Services0743.885.773Represented by Jeroen De Meyst
Directorlisted until the 2022 accounts
Hyperbool0841.036.718Represented by Koen Vanlommel
Managing director24/02/2023 → 2024 accounts
GUNANN ICT0894.370.088Represented by Gunter Daems
Manager2015 accounts

Other companies at this address

Kleinhoefstraat 11 2440 Geel
CompanyCBE no.
COVR Invest● Active
0676.383.077
DATACORE● Active
0476.594.355
DRIGIMA● Active
0466.793.593
Hyperonym● Active
1016.684.813
Hyperspeed● Active
0739.784.950
Immo Smartpresentations● Active
1020.773.956
NTX● Active
0862.443.331
Park Link● Active
1018.823.365
SMARTPRESENTATIONS● Active
0867.527.913
TORMANS BV● Active
0473.051.578
TORMANS MANAGEMENT ENGINEERS● Active
0842.194.481
Vereniging van mede-eigenaars SQUARE ONE● Active
0720.548.266

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202601/07/202528/06/202401/07/202324/02/202227/05/2021
General meeting02/06/202627/06/202504/06/202406/06/202317/02/202218/05/2021
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 model31/12/202502/06/202608/06/2026DutchPDF
Abridged model31/12/202427/06/202501/07/2025DutchPDF
Abridged model31/12/202304/06/202428/06/2024DutchPDF
Abridged model31/12/202206/06/202301/07/2023DutchPDF
Abridged model31/12/202117/02/202224/02/2022DutchPDF
Abridged model31/12/202018/05/202127/05/2021DutchPDF
Abridged model31/12/201919/05/202025/06/2020DutchPDF
Abridged model31/12/201828/06/201911/07/2019DutchPDF
Abridged model31/12/201730/06/201809/07/2018DutchPDF
Abridged model31/12/201630/06/201714/07/2017DutchPDF
Abridged model31/12/201530/06/201619/07/2016DutchPDF
Abridged model31/12/201430/06/201517/07/2015DutchPDF
Abridged model31/12/201330/06/201429/08/2014DutchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201130/06/201206/08/2012DutchPDF
Abridged model31/12/201030/06/201108/09/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010DutchPDF
Abridged model31/12/200830/06/200913/08/2009DutchPDF
Abridged model30/06/200718/09/200726/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NTX Holding0797.736.710Represented by Maarten Bovée
Managing directorsince 20/02/2026
SMANCO0894.369.395Represented by Tim Sleebus
Managing directorsince 24/02/2023Manager2015 accountsendedDirector2021 accountsended
ULTIMA0758.602.158Represented by Wim Jacobs
Directorsince 24/02/2023Managing directorlisted until the 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Arkeus Beheer0552.931.474Represented by Filip Touquet
Directorlisted until the 2022 accounts
DMJ Services0743.885.773Represented by Jeroen De Meyst
Directorlisted until the 2022 accounts
Hyperbool0841.036.718Represented by Koen Vanlommel
Managing director24/02/2023 → 2024 accounts
GUNANN ICT0894.370.088Represented by Gunter Daems
Manager2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/05/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates01/04/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    PDF
  • Mandates27/03/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office20/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
NTX Holding
ULTIMA
SMANCO
Arkeus Beheer
DMJ Services
Hyperbool
GUNANN ICT
WOJO-TECH
SIEMART
Gunter De Heer DAEMS
Patrick Van Roey
Tim De Heer SLEEBUS
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
COVR
Kleinhoefstraat 11 bte 2, 2440 Geel
Director
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kleinhoefstraat 11 bte 2, 2440 GeelCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00145944
Kleinhoefstraat 11/2, 2440 Geel
accounts 2023
Accounts 2023 · 2024-00174932
Kleinhoefstraat 11 bte 2, 2440 Geel
accounts 2022
Accounts 2022 · 2023-00205383

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
COVRCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00145944

Events

  1. 2025
    Annual accounts 2025236,8 k €↓
  2. 2024
    Annual accounts 2024557,3 k €↑
  3. 2023
    Annual accounts 2023229,2 k €↓
  4. 2022
    Annual accounts 2022441,5 k €↑
  5. 2021
    Annual accounts 2021232,2 k €↑
  6. 2020
    Annual accounts 2020228,6 k €↓
  7. 2019
    Annual accounts 2019235,1 k €↑
  8. 2017
    Annual accounts 2017130,2 k €↓
  9. 2016
    Annual accounts 2016238,5 k €↓
  10. 2015
    Annual accounts 2015250,5 k €↑
  11. 2014
    Annual accounts 2014183,5 k €↓
  12. 2013
    Annual accounts 2013274,3 k €↑
  13. 2012
    Annual accounts 2012105,1 k €↓
  14. 2011
    Annual accounts 2011440,5 k €↑
  15. 2010
    Annual accounts 2010268,4 k €↓
  16. 2009
    Annual accounts 2009313 k €↓
  17. 2008
    Annual accounts 2008339,7 k €↑
  18. 2007
    Annual accounts 20078,7 k €
  19. 09/07/1999
    IncorporationPrivate limited company