ACTIVE

COVADA

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Financial year 2025 · closed on 30/09/2025

Net result

11,3 k €

+112.1% YoY

Gross margin

127,6 k €

+4.4% YoY

Equity

474,1 k €

-5.9% YoY

What does COVADA do?

COVADA is a Private limited company incorporated in 2007. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Lokeren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.850.968

Incorporation

16/07/2007

Legal form

Private limited company

Registered office

Durmelaan 34
9160 Lokeren · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	127,6 k €	+4.4%	122,1 k €	+12.3%	108,8 k €	+1.2%	107,5 k €	+175%	39 k €	-54.8%	86,4 k €	-29.7%	122,8 k €	+28.4%	95,6 k €	+69.7%	56,3 k €	+70.5%	33 k €	+1.9%	32,4 k €	+12.4%	28,9 k €	+26.1%	22,9 k €	-38.1%	37 k €	+13.4%	32,6 k €	+4.7%	31,2 k €	-36.7%	49,2 k €	+83.7%	26,8 k €
EBITDA	125,7 k €	+29.5%	97,1 k €	-8.0%	105,5 k €	+6.6%	99 k €	+133%	-297,2 k €	-480%	78,1 k €	-27.1%	107,2 k €	+23.6%	86,8 k €	+333%	20 k €	-35.8%	31,2 k €	+4.7%	29,8 k €	+10.5%	27 k €	+28.5%	21 k €	-41.5%	35,9 k €	+20.1%	29,9 k €	-1.0%	30,2 k €	-37.3%	48,2 k €	+85.2%	26 k €
Operating result	47,6 k €	+179%	-60,2 k €	-197%	62,4 k €	+11.7%	55,8 k €	+117%	-336,3 k €	-1068%	34,7 k €	-45.7%	63,9 k €	+20.3%	53,1 k €	+167%	19,9 k €	-20.9%	25,2 k €	+7.8%	23,4 k €	+13.8%	20,5 k €	+40.8%	14,6 k €	-50.6%	29,5 k €	+0.2%	29,5 k €	-2.4%	30,2 k €	-37.3%	48,2 k €	+687%	-8,2 k €
Net result	11,3 k €	+112%	-93,4 k €	-284%	50,8 k €	+15.0%	44,2 k €	+111%	-391,9 k €	-211968%	-184,8 €	-101%	13,6 k €	+406%	2,7 k €	+62.9%	1,7 k €	-73.1%	6,1 k €	-77.5%	27,3 k €	+3240%	-867,7 €	-267%	518,6 €	+286%	134,4 €	-57.7%	317,9 €	-74.9%	1,3 k €	-92.0%	15,8 k €	+170%	-22,7 k €
Balance sheet
Equity	474,1 k €	-5.9%	503,6 k €	-15.6%	597 k €	+1.7%	587,1 k €	+8.1%	542,9 k €	+914%	53,5 k €	-0.3%	53,7 k €	+20.4%	44,6 k €	+6.4%	41,9 k €	+4.1%	40,3 k €	+17.9%	34,1 k €	+395%	6,9 k €	-11.2%	7,8 k €	+7.2%	7,2 k €	+1.9%	7,1 k €	+4.7%	6,8 k €	+22.9%	5,5 k €	+154%	-10,3 k €
Total assets	2,6 M €	+8.6%	2,4 M €	+17.4%	2,1 M €	+16.1%	1,8 M €	+0.3%	1,8 M €	+29.3%	1,4 M €	-2.6%	1,4 M €	-2.9%	1,5 M €	+98.6%	733,2 k €	+0.0%	733 k €	-0.8%	738,9 k €	-0.9%	745,9 k €	-0.6%	750,3 k €	-4.5%	785,8 k €	+3.5%	759,2 k €	-1.1%	767,7 k €	+0.6%	762,8 k €	-4.4%	797,6 k €
Cash	27,5 k €	-50.2%	55,2 k €	-8.5%	60,3 k €	+24.4%	48,5 k €	+97.8%	24,5 k €	+460%	4,4 k €	-55.5%	9,8 k €	+26.4%	7,8 k €	+199%	2,6 k €	-33.7%	3,9 k €	+3.4%	3,8 k €	-4.4%	4 k €	+150%	1,6 k €	-78.7%	7,5 k €	-50.4%	15 k €	-17.0%	18,1 k €	+31.5%	13,8 k €	-68.9%	44,4 k €
Debts	2,1 M €	+11.8%	1,9 M €	+30.5%	1,5 M €	+22.5%	1,2 M €	-3.4%	1,2 M €	-6.3%	1,3 M €	-2.8%	1,4 M €	-3.7%	1,4 M €	+105%	686,2 k €	-0.6%	690,5 k €	-1.7%	702,6 k €	-4.8%	737,8 k €	-0.5%	741,3 k €	-4.6%	777,4 k €	+3.5%	750,9 k €	-1.1%	759,3 k €	+0.5%	755,6 k €	-6.3%	806,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,4 ETP		–		–		–		–		–		–		–		–		–

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 30/09/2025 · 1 active · 3 ended

Active mandates

Archisoft

Director · since 26 novembre 2020 · 0454.773.711

Represented by Ivan Thomas

Active

Ended mandates

Koen Van Daele

Manager · since 12 juillet 2007

Ended

Koen Van Daele

Director

Ended

Koen Van Daele

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	23/04/2026	11/03/2025	25/01/2024	31/03/2023	11/05/2022	09/03/2021
General meeting	09/03/2026	10/03/2025	10/01/2024	27/03/2023	14/03/2022	26/11/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	09/03/2026	23/04/2026	Dutch	PDF
Micro model	30/09/2024	10/03/2025	11/03/2025	Dutch	PDF
Micro model	30/09/2023	10/01/2024	25/01/2024	Dutch	PDF
Micro model	30/09/2022	27/03/2023	31/03/2023	Dutch	PDF
Micro model	30/09/2021	14/03/2022	11/05/2022	Dutch	PDF
Abridged model	30/09/2020	26/11/2020	09/03/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	29/04/2020	Dutch	PDF
Abridged model	30/09/2018	25/03/2019	12/04/2019	Dutch	PDF
Abridged model	30/09/2017	15/11/2017	20/12/2017	Dutch	PDF
Abridged model	30/09/2016	13/03/2017	17/03/2017	Dutch	PDF
Abridged model	30/09/2015	14/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	09/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	10/03/2014	31/03/2014	Dutch	PDF
Abridged model	30/09/2012	11/03/2013	10/04/2013	Dutch	PDF
Abridged model	30/09/2011	12/03/2012	13/04/2012	Dutch	PDF
Abridged model	30/09/2010	14/03/2011	18/03/2011	Dutch	PDF
Abridged model	30/09/2009	08/03/2010	23/03/2010	Dutch	PDF
Abridged model	30/09/2008	09/03/2009	30/03/2009	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 30/09/2025 · 1 active · 3 ended

Active mandates

Archisoft

Director · since 26 novembre 2020 · 0454.773.711

Represented by Ivan Thomas

Active

Ended mandates

Koen Van Daele

Manager · since 12 juillet 2007

Ended

Koen Van Daele

Director

Ended

Koen Van Daele

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette

Belgian Official Gazette publications

Other19/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office30/03/2021
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Restructuring26/03/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/01/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office12/06/2009
MAATSCHAPPELIJKE ZETEL
PDF
Other24/07/2007
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 202511,3 k €↑
2024
Annual accounts 2024-93,4 k €↓
2023
Annual accounts 202350,8 k €↑
2022
Annual accounts 202244,2 k €↑
2021
Annual accounts 2021-391,9 k €↓
2020
Annual accounts 2020-184,8 €↓
2019
Annual accounts 201913,6 k €↑
2018
Annual accounts 20182,7 k €↑
2017
Annual accounts 20171,7 k €↓
2016
Annual accounts 20166,1 k €↓
2015
Annual accounts 201527,3 k €↑
2014
Annual accounts 2014-867,7 €↓
2013
Annual accounts 2013518,6 €↑
2012
Annual accounts 2012134,4 €↓
2011
Annual accounts 2011317,9 €↓
2010
Annual accounts 20101,3 k €↓
2009
Annual accounts 200915,8 k €↑
2008
Annual accounts 2008-22,7 k €
16/07/2007
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

COVADA

Overview

What does COVADA do?

Trend over 18 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