ACTIVE

COVESS

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Financial year 2025 · Closed on 31/12/2025

Net result-987,3 k €-170,5 %over 1 year

Gross margin-104,1 k €-104,7 %over 1 year

Equity1,5 M €-40,2 %over 1 year

Workforce2,4 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

COVESS is a Public limited company incorporated in 2001. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Hasselt. It employs on average 2,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.695.630
Incorporation: 24/04/2001
Legal form: Public limited company
Registered office: Monninxstraat 52
3510 Hasselt · FlandreSee on map
Contributed capital: 1 561 500,00 €
Latest accounts: 31/12/2025
Average workforce: 2,4 ETP

Activities (NACE)

22220Manufacture of plastic packing goods· main 22220Manufacture of plastic packing goods 22260Manufacture of plastic products 22290Manufacture of other plastic products 25220Manufacture of tanks, reservoirs and containers of metal 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (3)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-104,1 k €	-105%	2,2 M €	+235%	658,1 k €	+0.8%	652,8 k €	-27.3%	897,6 k €
EBITDA	-564,4 k €	-129%	2 M €	+415%	381,7 k €	+20.3%	317,3 k €	-52.1%	662,3 k €
Operating result	-936,2 k €	-161%	1,5 M €	+1483%	97,4 k €	-27.3%	134 k €	-74.6%	527,4 k €
Net result	-987,3 k €	-171%	1,4 M €	+3003%	45,1 k €	-58.6%	108,8 k €	-78.6%	508,9 k €
Balance sheet
Equity	1,5 M €	-40.2%	2,5 M €	+115%	1,2 M €	+0.7%	1,2 M €	+6.5%	1,1 M €
Total assets	2,8 M €	-32.9%	4,2 M €	+82.7%	2,3 M €	+13.4%	2 M €	+27.1%	1,6 M €
Cash	14,3 k €	-83.5%	87 k €	+1.9%	85,4 k €	+148%	34,4 k €	+140%	14,3 k €
Debts	1,3 M €	-21.7%	1,7 M €	+48.3%	1,1 M €	+30.8%	857,8 k €	+72.9%	496,2 k €
Other
Workforce	2,4 ETP	-20.0%	3,0 ETP	-36.2%	4,7 ETP	-28.8%	6,6 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hugo Vandormael	Directorsince 05/09/2024
Tony Vanswijgenhoven	Managing directorsince 18/04/2005Mandate2007 accountsendedDirector2009 accountsended
D.C.V.E. Solutions0843.245.447Represented by Johan De Clippeleir	Directorsince 22/04/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VANSWIJGENHOVEN BVBA0470.845.423	Managing director23/12/2005 → 2006 accounts
MARIE-AN BECKS	Mandate2007 accountsDirector2008 accounts
MARIE-AN BECKX	Director2009 accounts

Other companies at this address

Monninxstraat 52 3510 Hasselt

Company	CBE no.
Covess Production● Active	0474.406.610
First Belgian Investments● Active	0454.411.445

Full financial information

Source · NBB

	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	31/08/2026	12/08/2025	28/08/2024	17/07/2023	30/09/2022	19/08/2021
General meeting	25/06/2026	05/06/2025	06/06/2024	01/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	05/06/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	06/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	19/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	27/10/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	09/10/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	10/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/04/2016	26/04/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	26/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/11/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	11/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	17/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hugo Vandormael	Directorsince 05/09/2024
Tony Vanswijgenhoven	Managing directorsince 18/04/2005Mandate2007 accountsendedDirector2009 accountsended
D.C.V.E. Solutions0843.245.447Represented by Johan De Clippeleir	Directorsince 22/04/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VANSWIJGENHOVEN BVBA0470.845.423	Managing director23/12/2005 → 2006 accounts
MARIE-AN BECKS	Mandate2007 accountsDirector2008 accounts
MARIE-AN BECKX	Director2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/08/2026
Benoeming bijkomend bestuurder
PDF
Mandates20/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office21/04/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/10/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/02/2018
KAPITAAL - AANDELEN
PDF
Mandates16/05/2017
ONTSLAG BESTUURDERS, VERLENEN VAN KWIJTING, BENOEMING
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

Filings20 filings

Mandates

D.C.V.E. Solutions

Tony Vanswijgenhoven

Hugo Vandormael

VANSWIJGENHOVEN BVBA

MARIE-AN BECKS

MARIE-AN BECKX

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

COVESS

Monninxstraat 52, 3510 Kermt

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Monninxstraat 52, 3510 KermtCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00489589

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
COVESSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00489589

Events

2025
Annual accounts 2025-987,3 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 202345,1 k €↓
2022
Annual accounts 2022108,8 k €↓
2021
Annual accounts 2021508,9 k €↑
2020
Annual accounts 2020467,7 k €↑
2019
Annual accounts 2019128,7 k €↑
2018
Annual accounts 2018-193,9 k €↑
2017
Annual accounts 2017-273,9 k €↑
2016
Annual accounts 2016-644 k €↓
2015
Annual accounts 2015695,2 k €↑
2014
Annual accounts 2014-429,2 k €↑
2013
Annual accounts 2013-625,7 k €↓
2012
Annual accounts 2012-396 k €↓
2011
Annual accounts 2011-349,8 k €↓
2010
Annual accounts 2010206,5 k €↓
2009
Annual accounts 2009926,9 k €↑
2008
Annual accounts 2008-234,6 k €↑
2007
Annual accounts 2007-671,2 k €↑
2006
Annual accounts 2006-839,4 k €
24/04/2001
IncorporationPublic limited company

COVESS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events