ACTIVE

COVREX

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Financial year 2025 · Closed on 31/12/2025

Net result-272,5 k €-184,6 %over 1 year

Gross margin-117,3 k €

Equity4,5 M €-5,8 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

COVREX is a Private limited company incorporated in 2017. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Geel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0685.906.695
Incorporation: 14/12/2017
Legal form: Private limited company
Registered office: Klaus-Michael Kuehnelaan 9
2440 Geel · FlandreSee on map
Contributed capital: 344 072,27 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

47529Retail sale of hardware, paints and glass in specialised stores· main 47529Retail sale of hardware, paints and glass in specialised stores 22260Manufacture of plastic products 22290Manufacture of other plastic products 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining+6

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 8 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-117,3 k €		–		–		4,7 M €	+15.0%	4,1 M €
EBITDA	-405,1 k €	-150%	806,4 k €	+283%	210,4 k €	-92.4%	2,8 M €	+21.7%	2,3 M €
Operating result	-378,4 k €	-175%	503,8 k €	+71.7%	293,4 k €	-86.4%	2,2 M €	+2.4%	2,1 M €
Net result	-272,5 k €	-185%	321,9 k €	+84853%	-379,8 €	-100%	1,1 M €	-27.8%	1,5 M €
Balance sheet
Equity	4,5 M €	-5.8%	4,7 M €	+7.3%	4,4 M €	-0.0%	4,4 M €	+33.4%	3,3 M €
Total assets	4,5 M €	-22.9%	5,8 M €	-3.9%	6,1 M €	-8.0%	6,6 M €	-22.4%	8,5 M €
Cash	76,2 k €	-86.9%	580,6 k €	-27.8%	803,7 k €	+53.1%	525 k €	-29.3%	742,4 k €
Debts	39,8 k €	-96.4%	1,1 M €	-33.8%	1,6 M €	-24.1%	2,2 M €	-58.2%	5,2 M €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	25,8 ETP	-29.7%	36,7 ETP	+6.7%	34,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
T&A Holding0762.907.077Represented by Joeri Dils	Directorsince 07/07/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GDT0550.625.448Represented by Guillaume de Troostembergh - de Troostembergh	Director14/12/2017 → 01/08/2022Manager14/12/2017 → 2019 accounts
PXLL0683.946.406Represented by Edmond de Fabribeckers de Cortils de Grâce	Director14/12/2017 → 04/07/2022

Other companies at this address

Klaus-Michael Kuehnelaan 9 2440 Geel

Company	CBE no.
MORGANA● Active	0548.699.603
PoolNet Group● Active	0741.477.502
STOVER● Active	0667.913.195
T&A Holding● Active	0762.907.077
TECHNICS & APPLICATIONS● Active	0456.610.573
Tropaco● Active	0789.848.630

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full 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	30/07/2026	31/07/2025	12/08/2024	25/07/2023	30/06/2022	22/06/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	03/06/2022	27/05/2021
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	30/06/2026	30/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	12/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	11/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/05/2019	03/07/2019	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
T&A Holding0762.907.077Represented by Joeri Dils	Directorsince 07/07/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GDT0550.625.448Represented by Guillaume de Troostembergh - de Troostembergh	Director14/12/2017 → 01/08/2022Manager14/12/2017 → 2019 accounts
PXLL0683.946.406Represented by Edmond de Fabribeckers de Cortils de Grâce	Director14/12/2017 → 04/07/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/08/2022
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates20/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/03/2019
KAPITAAL - AANDELEN
PDF
Restructuring14/06/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other18/12/2017
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

Filings7 filings

Mandates

T&A Holding

GDT

PXLL

2017201820192020202120222023202420252026

COVREX

Klaus-Michael Kuehnelaan 9, 2440 Geel

Director

DirectorManager

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Klaus-Michael Kuehnelaan 9, 2440 GeelCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00377323
Nieuwlandlaan 87 bte B436, 3200 Aarschot	accounts 2021	Accounts 2021 · 2022-20111616

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
COVREXCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00377323

Events

2025
Annual accounts 2025-272,5 k €↓
2024
Annual accounts 2024321,9 k €↑
2023
Annual accounts 2023-379,8 €↓
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020708,7 k €↑
2019
Annual accounts 2019502,7 k €
14/12/2017
IncorporationPrivate limited company

COVREX

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