ACTIVE

COVER-IT GROUP

Financial year 2025 · Closed on 31/12/2025

Net result1,6 k €-93,1 %over 1 year

Gross margin23,1 k €-61,8 %over 1 year

Equity400,5 k €+0,4 %over 1 year

Identity

Source · BCE/KBO

COVER-IT GROUP is a Private limited company incorporated in 2012. Its main activity is: Packaging activities. Its registered office is in Wuustwezel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0848.408.124
Incorporation: 31/08/2012
Legal form: Private limited company
Registered office: Bredabaan (Centrum) 23 box 10
2990 Wuustwezel · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

82920Packaging activities· main 82920Packaging activities 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products 46739Wholesale of wood, construction materials and sanitary equipment 46839Wholesale trade, except of motor vehicles and motorcycles+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 13 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	23,1 k €	-61.8%	60,5 k €	+81.7%	33,3 k €	-24.5%	44,1 k €	-31.1%	63,9 k €
EBITDA	17 k €	-70.2%	57,1 k €	+92.4%	29,7 k €	-27.5%	40,9 k €	-32.7%	60,8 k €
Operating result	3,3 k €	-89.3%	30,9 k €	+336%	7,1 k €	-61.3%	18,3 k €	-52.0%	38,2 k €
Net result	1,6 k €	-93.1%	22,7 k €	+503%	3,8 k €	-68.7%	12 k €	-55.1%	26,7 k €
Balance sheet
Equity	400,5 k €	+0.4%	399 k €	+6.0%	376,3 k €	+1.0%	372,5 k €	+3.3%	360,5 k €
Total assets	502,4 k €	-12.8%	575,9 k €	-5.2%	607,4 k €	+2.4%	592,8 k €	-3.5%	614,6 k €
Cash	256,2 k €	+46.3%	175,1 k €	-30.5%	251,8 k €	+2.7%	245,1 k €	+7.1%	228,8 k €
Debts	101,8 k €	-42.4%	176,9 k €	-23.4%	231 k €	+4.9%	220,3 k €	-13.3%	254,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederika Hartman	Directorsince 31/08/2012Manager31/08/2012 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COVER-IT0871.930.822	Director31/08/2012 → 26/12/2022Manager31/08/2012 → 2018 accounts

Other companies at this address

Bredabaan (Centrum) 23 2990 Wuustwezel

Company	CBE no.
Nakiro Properties● Active	1016.912.564
RAATS● Active	0772.497.409
RAATS INVEST● Active	0844.903.850
Raats Motorsport● Active	0766.553.188
Vereniging van Mede-eigenaars van KMO PARK GRENS te 2990 Wuustwezel, Bredabaan 23● Active	0833.317.793

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	01/01/2025	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	31/07/2026	25/08/2025	30/08/2024	01/06/2024	24/08/2022	17/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	15/03/2024	03/06/2022	04/06/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	25/08/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/03/2024	01/06/2024	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	17/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	08/09/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	22/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	29/08/2014	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederika Hartman	Directorsince 31/08/2012Manager31/08/2012 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COVER-IT0871.930.822	Director31/08/2012 → 26/12/2022Manager31/08/2012 → 2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/04/2023
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office30/10/2013
Wijziging maatschappelijke zetel
PDF
Other13/09/2012
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

Filings13 filings

Mandates

Frederika HARTMAN

COVER-IT

201220132014201520162017201820192020202120222023202420252026

COVER-IT GROUP

Bredabaan (Centrum) 23 bte 10, 2990 Wuustwezel

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bredabaan (Centrum) 23 bte 10, 2990 WuustwezelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00377248

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
COVER-IT GROUPCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00377248

Events

2025
Annual accounts 20251,6 k €↓
2024
Annual accounts 202422,7 k €↑
2023
Annual accounts 20233,8 k €↓
2022
Annual accounts 202212 k €↓
2021
Annual accounts 202126,7 k €↓
2020
Annual accounts 202033,8 k €↑
2019
Annual accounts 201925,3 k €↓
2018
Annual accounts 201827,4 k €↑
2017
Annual accounts 201716,8 k €↓
2016
Annual accounts 201656 k €↓
2015
Annual accounts 2015116,2 k €↑
2014
Annual accounts 201440,9 k €↑
2013
Annual accounts 2013-1,2 k €
31/08/2012
IncorporationPrivate limited company

COVER-IT GROUP

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