ACTIVE

Covalens

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Financial year 2025 · Closed on 31/12/2025

Net result415,8 k €-33,9 %over 1 year

Revenue7,2 M €-22,1 %over 1 year

Equity1,1 M €+61,6 %over 1 year

Workforce1,0 ETP

Identity

Source · BCE/KBO

Covalens is a Public limited company incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0677.419.096
Incorporation: 21/06/2017
Legal form: Public limited company
Registered office: Prins Boudewijnlaan 24C
2550 Kontich · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	7,2 M €	-22.1%	9,3 M €	+29.2%	7,2 M €	+8.1%	6,7 M €	+21.7%	5,5 M €
EBITDA	572 k €	-16.2%	682,4 k €	+222%	-559,6 k €	-316%	258,9 k €	-1.6%	263 k €
Operating result	551,7 k €	-16.6%	661,7 k €	+214%	-580,8 k €	-344%	237,8 k €	-3.9%	247,4 k €
Net result	415,8 k €	-33.9%	628,9 k €	+192%	-681,7 k €	-440%	200,6 k €	-12.8%	230 k €
Balance sheet
Equity	1,1 M €	+61.6%	675,1 k €	+1361%	46,2 k €	-93.6%	727,9 k €	+38.0%	527,3 k €
Total assets	2,1 M €	-29.7%	3,1 M €	+38.6%	2,2 M €	+9.3%	2 M €	+4.8%	1,9 M €
Cash	5,6 k €	+11.9%	5 k €	-0.2%	5 k €	-9.8%	5,5 k €	-47.5%	10,6 k €
Debts	974 k €	-56.6%	2,2 M €	+6.2%	2,1 M €	+67.0%	1,3 M €	-6.1%	1,3 M €
Other
Workforce	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP	+42.9%	0,7 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 · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director20/06/2017 → 18/06/2029
Josephus de Wit	Director20/06/2017 → 18/06/2029
Peter Hellemans	Director20/06/2017 → 18/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Deroost	Director20/06/2017 → 2018 accounts

Other companies at this address

Prins Boudewijnlaan 24C 2550 Kontich

Company	CBE no.
ANENKO VASTGOED● Bankrupt	0462.135.120
Cornerstones● Bankrupt	0443.899.714
CORNERSTONES DEVELOPMENT● Bankrupt	0890.422.485
FinBeez● Active	0670.824.680
Honeycomb● Active	0779.395.988
PRAGMANI● Active	0451.667.632
R-VARING● Active	0430.385.832

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	24/08/2026	07/07/2025	22/08/2024	24/08/2023	23/08/2022	12/07/2021
General meeting	02/07/2026	16/06/2025	24/06/2024	03/08/2023	09/08/2022	21/06/2021
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, 8 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/07/2026	24/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	03/08/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	09/08/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	28/09/2020	15/10/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	08/07/2019	Dutch	PDF

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 · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director20/06/2017 → 18/06/2029
Josephus de Wit	Director20/06/2017 → 18/06/2029
Peter Hellemans	Director20/06/2017 → 18/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Deroost	Director20/06/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office18/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Mandates15/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other23/06/2017
Uittreksel uit een akte verleden voor Meester Frederik VLAMINCK, geassocieerd Notaris te 2000
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

Filings8 filings

Mandates

De Cronos Groep

Josephus de Wit

Peter Hellemans

Dirk Deroost

2017201820192020202120222023202420252026202720282029

CovalensCronos DMS

Veldkant 33 bte A, 2550 Kontich

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Prins Boudewijnlaan 24C, 2550 KontichCurrent		CBE
Prins Boudewijnlaan 24 bte C, 2550 Kontich	accounts 2025	Accounts 2025 · 2026-00425171
Veldkant 33 bte A, 2550 Kontich	accounts 2021 → 2024	Accounts 2024 · 2025-00250325

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CovalensCurrent	accounts 2025	Accounts 2025 · 2026-00425171
Cronos DMS	accounts 2018 → 2024	Accounts 2024 · 2025-00250325

Events

2025
Annual accounts 2025415,8 k €↓
2025
Name changeCovalens
2024
Annual accounts 2024628,9 k €↑
2023
Annual accounts 2023-681,7 k €↓
2022
Annual accounts 2022200,6 k €↓
2021
Annual accounts 2021230 k €↑
2020
Annual accounts 2020175,6 k €↑
2019
Annual accounts 201943,9 k €↑
2018
Annual accounts 2018-422,2 k €
21/06/2017
IncorporationPublic limited company

Covalens

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