COVARMED FARMA
0835.154.657 · rovalta.com · 25/09/2026
ACTIVE
COVARMED FARMA
Financial year 2025 · Closed on 30/09/2025
Net result309,6 k €+60,4 %over 1 year
Gross margin525,2 k €+47,4 %over 1 year
Equity1,1 M €+16,8 %over 1 year
Workforce1,0 ETP0,0 %over 1 year
Overview
Identity
Source · BCE/KBOCOVARMED FARMA is a Private limited company incorporated in 2011. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Kortrijk. It employs on average 1,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0835.154.657
- Incorporation
- 30/03/2011
- Legal form
- Private limited company
- Registered office
- Doenaertstraat(Mar) 11
8510 Kortrijk · FlandreSee on map - Contributed capital
- 100 750,00 €
- Latest accounts
- 30/09/2025
- Average workforce
- 1,0 ETP
Activities (NACE)
32500Manufacture of medical and dental instruments and supplies· main32500Manufacture of medical and dental instruments and supplies47730Dispensing chemist in specialised stores47730Dispensing chemist in specialised stores46460Wholesale of pharmaceutical goods46460Wholesale of pharmaceutical goods+2
Joint committees (5)
- 100
- 200
- 218
- 313
- 31300
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 14 filingsTrend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 525,2 k € | +47.4% | 356,3 k € | -13.4% | 411,6 k € | -58.5% | 991,7 k € | +2.9% | 963,5 k € |
| EBITDA | 416,4 k € | +60.1% | 260,2 k € | -19.0% | 321,4 k € | -64.7% | 910,3 k € | +3.3% | 881 k € |
| Operating result | 413,4 k € | +61.1% | 256,5 k € | -18.4% | 314,5 k € | -65.1% | 900,3 k € | +6.9% | 841,8 k € |
| Net result | 309,6 k € | +60.4% | 193 k € | -16.3% | 230,7 k € | -68.6% | 735,4 k € | -10.1% | 817,7 k € |
| Balance sheet | |||||||||
| Equity | 1,1 M € | +16.8% | 949,3 k € | +4.7% | 906,3 k € | +9.8% | 825,5 k € | +71.2% | 482,3 k € |
| Total assets | 1,7 M € | -8.7% | 1,8 M € | +37.1% | 1,3 M € | -27.9% | 1,9 M € | +20.7% | 1,6 M € |
| Cash | 236,1 k € | +26.2% | 187,1 k € | +28.2% | 146 k € | -71.9% | 520,1 k € | +34.9% | 385,7 k € |
| Debts | 579,2 k € | -35.3% | 895,8 k € | +102% | 442,9 k € | -57.7% | 1 M € | -0.7% | 1,1 M € |
| Other | |||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | -16.7% | 1,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 30/09/20254 active · 16 ended
Active mandates
Ended mandates
Other companies at this address
Doenaertstraat(Mar) 11 8510 Kortrijk| Company | CBE no. |
|---|---|
Covarmed● Active | 0673.533.455 |
Curafin● Active | 0685.619.457 |
GROEP TRIHOLD● Active | 0650.699.160 |
Trihold● Active | 0773.345.168 |
Financials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/04/2026 | 27/01/2025 | 15/04/2024 | 21/03/2023 | 25/01/2022 | 21/04/2021 |
| General meeting | 13/03/2026 | 10/01/2025 | 20/12/2023 | 10/03/2023 | 14/01/2022 | 12/03/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 13/03/2026 | 30/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 10/01/2025 | 27/01/2025 | Dutch | |
| Abridged model | 30/09/2023 | 20/12/2023 | 15/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 10/03/2023 | 21/03/2023 | Dutch | |
| Abridged model | 30/09/2021 | 14/01/2022 | 25/01/2022 | Dutch | |
| Abridged model | 30/09/2020 | 12/03/2021 | 21/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 13/03/2020 | 30/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 08/03/2019 | 11/03/2019 | Dutch | |
| Abridged model | 30/09/2017 | 09/03/2018 | 15/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 10/03/2017 | 27/04/2017 | Dutch | |
| Abridged model | 30/09/2015 | 11/03/2016 | 29/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 13/03/2015 | 02/04/2015 | Dutch | |
| Abridged model | 30/09/2013 | 14/03/2014 | 14/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 08/03/2013 | 10/04/2013 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 30/09/20254 active · 16 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates20/05/2026ONTSLAGEN - BENOEMINGEN
- Other15/10/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates15/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2022ONTSLAGEN - BENOEMINGEN
- Mandates26/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates31/01/2018ONTSLAGEN - BENOEMINGEN
- Other07/04/2017BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office26/08/2016MAATSCHAPPELIJKE ZETEL
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025309,6 k €↑
- 2024Annual accounts 2024193 k €↓
- 2023Annual accounts 2023230,7 k €↓
- 2022Annual accounts 2022735,4 k €↓
- 2020Annual accounts 2020817,7 k €↑
- 2019Annual accounts 2019508,8 k €↑
- 2018Annual accounts 201896,2 k €↓
- 2017Annual accounts 2017448,8 k €↑
- 2016Annual accounts 2016347,7 k €↑
- 2015Annual accounts 2015120,4 k €↓
- 2014Annual accounts 2014122,6 k €↑
- 2013Annual accounts 201386,1 k €↑
- 2012Annual accounts 20121,2 k €
- 30/03/2011IncorporationPrivate limited company