ACTIVE

Covico-Holding

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Financial year 2025 · closed on 31/12/2025

Net result

465,1 €

+158.5% YoY

Gross margin

21,5 k €

+964.3% YoY

Equity

1,5 M €

-0.0% YoY

What does Covico-Holding do?

Covico-Holding is a Private limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.110.243

Incorporation

20/12/2010

Legal form

Private limited company

Registered office

Torhoutsesteenweg 222
8400 Oostende · FlandreSee on map

Contributed capital

920 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64210Activities of holding companies· main

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2015		2014		2013		2012		2011
Income statement
Gross margin	21,5 k €	+964%	-2,5 k €	+12.9%	-2,9 k €	-122%	-1,3 k €	-138%	3,4 k €	-76.9%	14,5 k €	+671%	1,9 k €	+30.4%	1,4 k €	-74.6%	5,7 k €	+89.0%	3 k €	+7389%	40,3 €	+101%	-6 k €	-263%	-1,7 k €
EBITDA	20,2 k €	+595%	-4,1 k €	+9.7%	-4,5 k €	-99.4%	-2,3 k €	+37.4%	-3,6 k €	-207%	3,4 k €	+270%	912,6 €	+98.2%	460,5 €	-89.6%	4,4 k €	+137%	1,9 k €	+255%	-1,2 k €	+81.5%	-6,5 k €	-168%	-2,4 k €
Operating result	20,2 k €	+595%	-4,1 k €	+9.7%	-4,5 k €	-99.4%	-2,3 k €	+37.4%	-3,6 k €	-207%	3,4 k €	+270%	912,6 €	+98.2%	460,5 €	+133%	-1,4 k €	+64.5%	-4 k €	-229%	-1,2 k €	+81.5%	-6,5 k €	-39.0%	-4,7 k €
Net result	465,1 €	+159%	-794,5 €	+39.2%	-1,3 k €	-2574%	52,8 €	+121%	-246,6 €	-108%	3,1 k €	-50.5%	6,3 k €	+18.3%	5,3 k €	-60.3%	13,4 k €	+4.4%	12,9 k €	-15.4%	15,2 k €	-96.8%	473,2 k €	+10145%	-4,7 k €
Balance sheet
Equity	1,5 M €	-0.0%	1,5 M €	-0.1%	1,5 M €	-0.1%	1,5 M €	+0.0%	1,5 M €	-0.0%	1,5 M €	+0.2%	1,5 M €	+0.4%	1,4 M €	+1.4%	1,4 M €	+0.9%	1,4 M €	+0.9%	1,4 M €	+1.1%	1,4 M €	+51.7%	915,3 k €
Total assets	1,9 M €	+2.1%	1,8 M €	+6.5%	1,7 M €	+14.9%	1,5 M €	+0.0%	1,5 M €	-0.2%	1,5 M €	+0.3%	1,5 M €	+0.7%	1,5 M €	+0.2%	1,5 M €	+1.2%	1,5 M €	-0.4%	1,5 M €	+4.6%	1,4 M €	+52.9%	916 k €
Cash	4,5 k €	-95.0%	90 k €	+120%	40,9 k €	-68.4%	129,5 k €		–		5,6 k €	-92.6%	75,9 k €	+9.2%	69,5 k €		–		718,6 €	-76.9%	3,1 k €	+3511%	86,3 €	-95.8%	2 k €
Debts	382,2 k €	+3.9%	368 k €	+43.6%	256,3 k €	+694%	32,3 k €	+8.3%	29,8 k €	-7.4%	32,2 k €	+2.1%	31,5 k €	+15.1%	27,4 k €	-38.6%	44,6 k €	+10.8%	40,2 k €	-31.8%	58,9 k €	+403%	11,7 k €	+1461%	750 €

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 · 1 active · 4 ended

Active mandates

Olivier Covemaeker

Director · since 03 mars 2023

Active

Ended mandates

COVICO - INVEST

Manager · since 20 décembre 2010 · 0462.024.460

Represented by Olivier Covemaeker

Ended

Olivier COVEMAEKER

Manager · since 20 décembre 2010

Ended

COVICO - INVEST

Manager · 0462.024.460

Represented by Olivier Covemaeker

Ended

Olivier COVEMAEKER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
COVICO - INVEST● Active	0462.024.460
COVICO-SERVICE● Active	0891.976.465
Covico Vastgoed● Active	0729.763.365
CTG● Active	0733.756.795
Eco Asset Invest● Active	0846.857.708
REYMAR INVEST● Active	1025.161.623

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	13/05/2026	31/07/2025	30/08/2024	31/08/2023	28/08/2022	31/08/2021
General meeting	02/05/2026	30/06/2025	29/07/2024	31/07/2023	07/05/2022	03/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/05/2026	13/05/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/07/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	07/05/2022	28/08/2022	Dutch	PDF
Micro model	31/12/2020	03/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	04/05/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/05/2014	07/05/2014	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	21/06/2012	Dutch	PDF

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 · 1 active · 4 ended

Active mandates

Olivier Covemaeker

Director · since 03 mars 2023

Active

Ended mandates

COVICO - INVEST

Manager · since 20 décembre 2010 · 0462.024.460

Represented by Olivier Covemaeker

Ended

Olivier COVEMAEKER

Manager · since 20 décembre 2010

Ended

COVICO - INVEST

Manager · 0462.024.460

Represented by Olivier Covemaeker

Ended

Olivier COVEMAEKER

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/03/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other11/01/2011
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other31/12/2010
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

2025
Annual accounts 2025465,1 €↑
2024
Annual accounts 2024-794,5 €↑
2023
Annual accounts 2023-1,3 k €↓
2022
Annual accounts 202252,8 €↑
2021
Annual accounts 2021-246,6 €↓
2020
Annual accounts 20203,1 k €↓
2019
Annual accounts 20196,3 k €↑
2018
Annual accounts 20185,3 k €↓
2015
Annual accounts 201513,4 k €↑
2014
Annual accounts 201412,9 k €↓
2013
Annual accounts 201315,2 k €↓
2012
Annual accounts 2012473,2 k €↑
2011
Annual accounts 2011-4,7 k €
20/12/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Covico-Holding

Overview

What does Covico-Holding do?

Trend over 13 financial years

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