ACTIVE

TOCOVER

Financial year 2025 · closed on 30/11/2025
Net result
853,7 k €
+3005.1% YoY
Gross margin
84,5 k €
+2.0% YoY
Equity
5,5 M €
-17.2% YoY

What does TOCOVER do?

TOCOVER is a Private limited company incorporated in 2012. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Zedelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0502.488.605
Incorporation
31/12/2012
Legal form
Private limited company
Registered office
Hoogveld 5
8210 Zedelgem · FlandreSee on map
Contributed capital
2 970 092,99 €
Latest accounts
30/11/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin84,5 k €82,8 k €89,3 k €54,9 k €18,7 k €11,9 €28,4 k €38,2 k €53 k €-44,8 k €17,5 k €27,2 k €
EBITDA82,5 k €81,3 k €89,3 k €51,3 k €15,7 k €-2,2 k €25,2 k €35,9 k €50 k €-45,9 k €16,9 k €26,3 k €
Operating result69,1 k €4 k €9,8 k €13,6 k €-6,4 k €-80 k €-40,3 k €-18,3 k €38,7 k €-50 k €16,6 k €26,3 k €
Net result853,7 k €27,5 k €25,8 k €3,7 k €4,1 k €-69,2 k €364,9 k €280,1 k €43,4 k €1 M €11,1 k €16,9 k €
Balance sheet
Equity5,5 M €6,7 M €6,7 M €6,6 M €6,6 M €6,6 M €6,7 M €6,3 M €6,1 M €6 M €5 M €5 M €
Total assets5,6 M €6,7 M €6,7 M €6,7 M €6,7 M €6,7 M €6,8 M €6,7 M €6,4 M €6,1 M €5 M €5 M €
Cash128,2 k €140,2 k €316,8 k €467,2 k €502 k €592 k €843,3 k €334,4 k €9,1 k €4 M €46,5 k €41,3 k €
Debts65,4 k €11 k €13,4 k €32,3 k €28,6 k €67,3 k €73,6 k €381,2 k €353,4 k €127,6 k €27,7 k €34,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 30/11/2025 · 1 active · 1 ended

Active mandates

Tom COMEYNE

Director

Active

Ended mandates

Tom Comeyne

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
A.C.L.Active
0461.830.163
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202628/05/202531/05/202412/05/202315/06/202227/05/2021
General meeting02/05/202603/05/202504/05/202406/05/202307/05/202208/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202502/05/202618/05/2026DutchPDF
Abridged model30/11/202403/05/202528/05/2025DutchPDF
Abridged model30/11/202304/05/202431/05/2024DutchPDF
Abridged model30/11/202206/05/202312/05/2023DutchPDF
Abridged model30/11/202107/05/202215/06/2022DutchPDF
Abridged model30/11/202008/05/202127/05/2021DutchPDF
Abridged model30/11/201902/05/202029/05/2020DutchPDF
Abridged model30/11/201804/05/201929/05/2019DutchPDF
Abridged model30/11/201705/05/201806/06/2018DutchPDF
Abridged model30/11/201606/05/201731/05/2017DutchPDF
Abridged model30/11/201507/05/201618/05/2016DutchPDF
Abridged model30/11/201402/05/201526/05/2015DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/11/2025 · 1 active · 1 ended

Active mandates

Tom COMEYNE

Director

Active

Ended mandates

Tom Comeyne

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/10/2025
    DIVERSEN
    PDF
  • Mandates23/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/01/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/09/2018
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/01/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025853,7 k €
  2. 2024
    Annual accounts 202427,5 k €
  3. 2023
    Annual accounts 202325,8 k €
  4. 2022
    Annual accounts 20223,7 k €
  5. 2021
    Annual accounts 20214,1 k €
  6. 2020
    Annual accounts 2020-69,2 k €
  7. 2019
    Annual accounts 2019364,9 k €
  8. 2018
    Annual accounts 2018280,1 k €
  9. 2017
    Annual accounts 201743,4 k €
  10. 2016
    Annual accounts 20161 M €
  11. 2015
    Annual accounts 201511,1 k €
  12. 2014
    Annual accounts 201416,9 k €
  13. 31/12/2012
    IncorporationPrivate limited company