ACTIVE

COVEDE

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Financial year 2025 · closed on 31/12/2025
Net result
64,7 k €
+295.9% YoY
Gross margin
186,7 k €
+107.3% YoY
Equity
137,4 k €
-44.8% YoY

What does COVEDE do?

COVEDE is a Private limited company incorporated in 2011. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Auderghem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.363.296
Incorporation
18/05/2011
Legal form
Private limited company
Registered office
Avenue Henri de Brouckère 87
1160 Auderghem · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy70200Management consultancy activities70210Public relations and communication activities70220Business and other management consultancy activities71209Technical testing and analysis+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin186,7 k €90,1 k €82,4 k €79,3 k €106,8 k €107,5 k €96,5 k €91,7 k €69,3 k €106,2 k €39,1 k €31,9 k €58,8 k €54,6 k €26,7 k €
EBITDA185,7 k €87,3 k €82 k €77,8 k €106,2 k €104,4 k €94,5 k €90,3 k €68 k €105,2 k €37,1 k €30,9 k €57,9 k €54,4 k €25,9 k €
Operating result176,6 k €78 k €67,3 k €65,3 k €93,8 k €98,1 k €92,1 k €87,7 k €66,4 k €104,4 k €36,3 k €30,3 k €57,2 k €53,8 k €24,7 k €
Net result64,7 k €16,4 k €46,9 k €42,1 k €65,7 k €68,5 k €65,6 k €59,5 k €41,2 k €64,3 k €19,5 k €21,5 k €39,9 k €36,9 k €17,7 k €
Balance sheet
Equity137,4 k €249,1 k €299,9 k €357,1 k €316,6 k €353,6 k €373,7 k €308,9 k €249,3 k €208,2 k €147,8 k €128,3 k €106,8 k €67 k €30,1 k €
Total assets386,5 k €333,6 k €379,1 k €370,6 k €450 k €467,4 k €413,6 k €355,4 k €285,3 k €277,6 k €234,6 k €197,5 k €187,1 k €142,8 k €53,3 k €
Cash77,6 k €113,9 k €163,7 k €159,6 k €326,9 k €405,5 k €384,5 k €328,6 k €258,8 k €270,8 k €176,4 k €93,9 k €158,9 k €117,1 k €12,4 k €
Debts249,1 k €84,6 k €79,2 k €13,5 k €133,5 k €113,8 k €39,9 k €46,3 k €35,9 k €69,4 k €86,7 k €69,2 k €80 k €75,7 k €23,1 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 · 4 ended

Active mandates

Vincent Debloudts

Director

Active

Ended mandates

VINCENT DEBLOUDTS

Manager · since 18 mai 2011

Ended
Vincent Debloudts

Director · since 11 mai 2011

Ended
Vincent Debloudts

Manager

Ended
Vincent DEBLOUDTS

Mandate

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 date01/07/202601/09/202503/06/202427/07/202306/04/202229/06/2021
General meeting11/05/202612/05/202518/04/202408/05/202331/03/202210/05/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/05/202601/07/2026FrenchPDF
Micro model31/12/202412/05/202501/09/2025FrenchPDF
Micro model31/12/202318/04/202403/06/2024FrenchPDF
Micro model31/12/202208/05/202327/07/2023FrenchPDF
Micro model31/12/202131/03/202206/04/2022FrenchPDF
Micro model31/12/202010/05/202129/06/2021FrenchPDF
Micro model31/12/201911/05/202028/08/2020FrenchPDF
Micro model31/12/201813/05/201929/08/2019FrenchPDF
Micro model31/12/201714/05/201831/07/2018FrenchPDF
Micro model31/12/201608/05/201726/07/2017FrenchPDF
Abridged model31/12/201509/05/201622/08/2016FrenchPDF
Abridged model31/12/201411/05/201510/07/2015FrenchPDF
Abridged model31/12/201312/05/201431/07/2014FrenchPDF
Abridged model31/12/201213/05/201302/08/2013FrenchPDF
Abridged model31/12/201108/05/201224/07/2012FrenchPDF
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 · 4 ended

Active mandates

Vincent Debloudts

Director

Active

Ended mandates

VINCENT DEBLOUDTS

Manager · since 18 mai 2011

Ended
Vincent Debloudts

Director · since 11 mai 2011

Ended
Vincent Debloudts

Manager

Ended
Vincent DEBLOUDTS

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office14/12/2020
    SIEGE SOCIAL
    PDF
  • Other30/05/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202564,7 k €↑
  2. 2024
    Annual accounts 202416,4 k €↓
  3. 2023
    Annual accounts 202346,9 k €↑
  4. 2022
    Annual accounts 202242,1 k €↓
  5. 2021
    Annual accounts 202165,7 k €↓
  6. 2020
    Annual accounts 202068,5 k €↑
  7. 2019
    Annual accounts 201965,6 k €↑
  8. 2018
    Annual accounts 201859,5 k €↑
  9. 2017
    Annual accounts 201741,2 k €↓
  10. 2016
    Annual accounts 201664,3 k €↑
  11. 2015
    Annual accounts 201519,5 k €↓
  12. 2014
    Annual accounts 201421,5 k €↓
  13. 2013
    Annual accounts 201339,9 k €↑
  14. 2012
    Annual accounts 201236,9 k €↑
  15. 2011
    Annual accounts 201117,7 k €
  16. 18/05/2011
    IncorporationPrivate limited company