ACTIVE

Covestro

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Financial year 2025 · Closed on 31/12/2025

Net result32 M €+8,0 %over 1 year

Revenue1,2 Md €-10,5 %over 1 year

Equity361,9 M €+9,4 %over 1 year

Workforce950,0 ETP+1,5 %over 1 year

Identity

Source · BCE/KBO

Covestro is a Public limited company incorporated in 2015. Its main activity is: Manufacture of other inorganic basic chemicals. Its registered office is in Antwerpen. It employs on average 950,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0627.857.343
Incorporation: 02/04/2015
Legal form: Public limited company
Registered office: Scheldelaan 420
2040 Antwerpen · FlandreSee on map
Contributed capital: 150 806 156,96 €
Latest accounts: 31/12/2025
Average workforce: 950,0 ETP

Activities (NACE)

20130Manufacture of other inorganic basic chemicals· main 20130Manufacture of other inorganic basic chemicals 20140Manufacture of other organic basic chemicals 20140Manufacture of other organic basic chemicals 20160Manufacture of plastics in primary forms 20160Manufacture of plastics in primary forms

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,2 Md €	-10.5%	1,3 Md €	+5.3%	1,3 Md €	-19.4%	1,6 Md €	+23.4%	1,3 Md €
EBITDA	92,2 M €	-6.7%	98,9 M €	+8.4%	91,3 M €	+4.2%	87,6 M €	+4.7%	83,7 M €
Operating result	41,4 M €	-0.6%	41,7 M €	+0.8%	41,4 M €	-2.3%	42,3 M €	-9.1%	46,6 M €
Net result	32 M €	+8.0%	29,6 M €	-12.0%	33,6 M €	+9.7%	30,7 M €	-10.6%	34,3 M €
Balance sheet
Equity	361,9 M €	+9.4%	330,9 M €	+9.4%	302,5 M €	-12.4%	345,1 M €	+10.4%	312,6 M €
Total assets	624,6 M €	+4.5%	597,9 M €	+5.9%	564,7 M €	+6.4%	530,8 M €	-8.9%	582,8 M €
Cash	–		–		–		127,6 k €	-1.4%	129,4 k €
Debts	220,2 M €	-6.8%	236,2 M €	+0.7%	234,5 M €	+47.6%	158,9 M €	-36.0%	248,2 M €
Other
Workforce	950,0 ETP	+1.5%	935,8 ETP	+3.2%	906,9 ETP	+2.9%	881,3 ETP	+3.2%	853,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Susanne Buchholz	Directorsince 01/01/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Esther Valero Arnal	Director16/04/2020 → 2021 accounts
Georg Wagner	Managing director01/12/2019 → 2021 accountsBestuurder01/12/2019 → 2024 accounts

Other companies at this address

Scheldelaan 420 2040 Antwerpen

Company	CBE no.
Envalior● Active	0867.573.542
FRX Polymers (Europe)● Active	0840.960.108

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	05/05/2026	18/05/2025	07/05/2024	25/05/2023	09/05/2022	10/05/2021
General meeting	16/04/2026	17/04/2025	18/04/2024	20/04/2023	21/04/2022	15/04/2021
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, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/04/2026	05/05/2026	Dutch	PDF
Full model	31/12/2024	17/04/2025	18/05/2025	Dutch	PDF
Full model	31/12/2023	18/04/2024	07/05/2024	Dutch	PDF
Full model	31/12/2022	20/04/2023	25/05/2023	Dutch	PDF
Full model	31/12/2021	21/04/2022	09/05/2022	Dutch	PDF
Full model	31/12/2020	15/04/2021	10/05/2021	Dutch	PDF
Full model	31/12/2019	16/04/2020	11/05/2020	Dutch	PDF
Full model	31/12/2018	18/04/2019	27/05/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	09/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	27/06/2016	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Susanne Buchholz	Directorsince 01/01/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Esther Valero Arnal	Director16/04/2020 → 2021 accounts
Georg Wagner	Managing director01/12/2019 → 2021 accountsBestuurder01/12/2019 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2020
ONTSLAGEN - BENOEMINGEN
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

Filings10 filings

Mandates

Susanne Buchholz

Esther VALERO ARNAL

Georg WAGNER

Richard Northcote

Klaus Ulrich Schäfer

Volker Weintritt

201520162017201820192020202120222023202420252026

Covestro

Scheldelaan 420, 2040 Antwerp-2040

Director

BestuurderDirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Scheldelaan 420, 2040 Antwerp-2040Current	accounts 2021 → 2025	Accounts 2025 · 2026-00109832

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CovestroCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00109832

Events

2025
Annual accounts 202532 M €↑
01/01/2025
nominationSusanne Buchholz · enige bestuurder
2024
Annual accounts 202429,6 M €↓
2023
Annual accounts 202333,6 M €↑
2022
Annual accounts 202230,7 M €↓
19/09/2022
nominationGeorg Rudolf WAGNER · enige bestuurder
2021
Annual accounts 202134,3 M €↑
2020
Annual accounts 202031 M €↓
2019
Annual accounts 201943 M €↑
2018
Annual accounts 201840,3 M €↑
2017
Annual accounts 201733,8 M €↑
2016
Annual accounts 201621,5 M €
02/04/2015
IncorporationPublic limited company

Covestro

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