ACTIVE

COVEBA

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Financial year 2025 · closed on 31/12/2025
Net result
58,1 k €
-24.4% YoY
Gross margin
78,4 k €
-15.3% YoY
Equity
313,4 k €
+22.8% YoY

What does COVEBA do?

COVEBA is a Private limited company incorporated in 2019. Its registered office is in Sint-Truiden.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0720.714.255
Incorporation
14/02/2019
Legal form
Private limited company
Registered office
Gudderstraat 3
3800 Sint-Truiden · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin78,4 k €92,6 k €71,1 k €65 k €46,8 k €36,2 k €37,3 k €
EBITDA77,9 k €92,1 k €70,5 k €64,4 k €46,6 k €35,7 k €36,1 k €
Operating result77,9 k €92,1 k €70,3 k €63,9 k €46 k €35,4 k €36,1 k €
Net result58,1 k €76,9 k €46,3 k €41,9 k €30 k €22,5 k €25,3 k €
Balance sheet
Equity313,4 k €255,3 k €178,4 k €132,1 k €90,2 k €60,2 k €37,7 k €
Total assets357,4 k €328,2 k €271,1 k €246,1 k €235,7 k €235 k €53,4 k €
Cash158,7 k €133,2 k €75,9 k €50,9 k €40 k €38,7 k €53,4 k €
Debts44 k €72,9 k €92,7 k €114 k €145,5 k €174,9 k €14,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Bart Velaers

Director · since 13 février 2019

Active

Ended mandates

Bart Velaers

Director

Ended
Bart Velaers

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date21/06/202626/06/202527/06/202407/07/202323/06/202224/06/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/06/202621/06/2026DutchPDF
Micro model31/12/202419/06/202526/06/2025DutchPDF
Micro model31/12/202320/06/202427/06/2024DutchPDF
Micro model31/12/202215/06/202307/07/2023DutchPDF
Micro model31/12/202116/06/202223/06/2022DutchPDF
Micro model31/12/202017/06/202124/06/2021DutchPDF
Micro model31/12/201927/08/202010/09/2020DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Bart Velaers

Director · since 13 février 2019

Active

Ended mandates

Bart Velaers

Director

Ended
Bart Velaers

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/02/2019
    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 202558,1 k €↓
  2. 2024
    Annual accounts 202476,9 k €↑
  3. 2023
    Annual accounts 202346,3 k €↑
  4. 2022
    Annual accounts 202241,9 k €↑
  5. 2021
    Annual accounts 202130 k €↑
  6. 2020
    Annual accounts 202022,5 k €↓
  7. 2019
    Annual accounts 201925,3 k €
  8. 14/02/2019
    IncorporationPrivate limited company