ACTIVE

COVR

Financial year 2025 · Closed on 31/12/2025

Net result
236,8 k €
-57,5 %over 1 year
Gross margin
882,4 k €
-3,3 %over 1 year
Equity
2,7 M €
+15,5 %over 1 year
Workforce
5,2 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 · 34 ended

Active mandates

NTX Holding

Managing director · since 20 février 2026 · 0797.736.710

Represented by Maarten Bovée

Active
SMANCO

Managing director · since 02 mars 2023 · 0894.369.395

Represented by Tim Sleebus

Active
ULTIMA

Director · since 02 mars 2023 · 0758.602.158

Represented by Wim Jacobs

Active

Ended mandates

Arkeus Beheer

Director · since 24 février 2023 · until 02 mars 2023 · 0552.931.474

Represented by Filip Touquet

Ended
DMJ Services

Director · since 24 février 2023 · until 02 mars 2023 · 0743.885.773

Represented by Jeroen De Meyst

Ended
Hyperbool

Managing director · since 24 février 2023 · 0841.036.718

Represented by Koen Vanlommel

Ended
SMANCO

Managing director · since 24 février 2023 · 0894.369.395

Represented by Tim Sleebus

Ended

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
1020.773.956
NTX● Active
0862.443.331
Park Link● Active
1018.823.365
0867.527.913
TORMANS BV● Active
0473.051.578
0842.194.481
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 · 34 ended

Active mandates

NTX Holding

Managing director · since 20 février 2026 · 0797.736.710

Represented by Maarten Bovée

Active
SMANCO

Managing director · since 02 mars 2023 · 0894.369.395

Represented by Tim Sleebus

Active
ULTIMA

Director · since 02 mars 2023 · 0758.602.158

Represented by Wim Jacobs

Active

Ended mandates

Arkeus Beheer

Director · since 24 février 2023 · until 02 mars 2023 · 0552.931.474

Represented by Filip Touquet

Ended
DMJ Services

Director · since 24 février 2023 · until 02 mars 2023 · 0743.885.773

Represented by Jeroen De Meyst

Ended
Hyperbool

Managing director · since 24 février 2023 · 0841.036.718

Represented by Koen Vanlommel

Ended
SMANCO

Managing director · since 24 février 2023 · 0894.369.395

Represented by Tim Sleebus

Ended

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

  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