ACTIVE

The Cove Group

Financial year 2025 · closed on 31/12/2025
Net result
44,1 k €
+237.8% YoY
Gross margin
473,5 k €
+3.8% YoY
Equity
184,8 k €
+31.3% YoY
Workforce
0,0 ETP

What does The Cove Group do?

The Cove Group is a Private limited company incorporated in 2015. Its main activity is: Management consultancy activities. Its registered office is in Zemst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0633.929.246
Incorporation
17/07/2015
Legal form
Private limited company
Registered office
Verbeetweg 66
1980 Zemst · FlandreSee on map
Contributed capital
32 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin473,5 k €456,3 k €52,7 k €8,1 k €34,1 k €22,8 k €36 k €34,2 k €-8,1 k €-4,2 k €
EBITDA430,5 k €167,3 k €52 k €7,1 k €31,6 k €18,1 k €15,8 k €31,7 k €-9,7 k €-10 k €
Operating result199,6 k €22,6 k €33,9 k €4,8 k €30 k €17,5 k €15,1 k €28,6 k €-12,8 k €-12,5 k €
Net result44,1 k €13,1 k €23,8 k €11,9 k €19,5 k €-12,7 k €2,1 k €20,2 k €-16,3 k €-15,5 k €
Balance sheet
Equity184,8 k €140,8 k €127,7 k €103,9 k €92 k €72,5 k €85,1 k €20,4 k €199,8 €16,5 k €
Total assets3,7 M €2,3 M €869,8 k €606,1 k €590 k €495 k €493,3 k €73,2 k €73,8 k €77 k €
Cash88,2 k €97,1 k €4,4 k €12,7 k €44,1 k €25,2 €1,6 k €1,6 k €1,7 k €1,5 k €
Debts3,5 M €2 M €580,3 k €362 k €406,5 k €368,5 k €394 k €52,2 k €73,4 k €60,5 k €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

STEFFI VERHEYDEN

Director

Active
Tom Coen

Director

Active

Ended mandates

STEFFI VERHEYDEN

Manager · since 01 juin 2017

Ended
TOM COEN

Manager · since 10 juillet 2015

Ended
Steffi VERHEYDEN

Manager

Ended
Tom COEN

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date27/08/202631/07/202527/08/202409/10/202317/10/202204/11/2021
General meeting26/05/202630/06/202527/05/202426/05/202327/05/202226/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202627/08/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202327/05/202427/08/2024DutchPDF
Micro model31/12/202226/05/202309/10/2023DutchPDF
Micro model31/12/202127/05/202217/10/2022DutchPDF
Micro model31/12/202026/05/202104/11/2021DutchPDF
Micro model31/12/201908/09/202008/10/2020DutchPDF
Micro model31/12/201827/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201812/09/2018DutchPDF
Abridged model31/12/201630/06/201726/09/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 2 active · 4 ended

Active mandates

STEFFI VERHEYDEN

Director

Active
Tom Coen

Director

Active

Ended mandates

STEFFI VERHEYDEN

Manager · since 01 juin 2017

Ended
TOM COEN

Manager · since 10 juillet 2015

Ended
Steffi VERHEYDEN

Manager

Ended
Tom COEN

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/07/2015
    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 202544,1 k €
  2. 2024
    Annual accounts 202413,1 k €
  3. 2023
    Annual accounts 202323,8 k €
  4. 2023
    Name changeThe Cove Group
  5. 2022
    Annual accounts 202211,9 k €
  6. 2021
    Annual accounts 202119,5 k €
  7. 2021
    Name changeEQUINION
  8. 2020
    Annual accounts 2020-12,7 k €
  9. 2019
    Annual accounts 20192,1 k €
  10. 2018
    Annual accounts 201820,2 k €
  11. 2017
    Annual accounts 2017-16,3 k €
  12. 2016
    Annual accounts 2016-15,5 k €
  13. 17/07/2015
    IncorporationPrivate limited company