About Covaco
Covaco is a private limited company (BV/SRL) based in Zandhoven, founded in 1986. Its main activity is classified as "Activiteiten van verzekeringsagenten en -makelaars". For the 2025 financial year, Covaco reported a profit of €1.8 million. That makes 20 profitable financial years in a row for Covaco. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €3.7 million, up 28% on 2024. It employed an average of 18.9 full-time equivalents. Equity stands at €2 million, a solvency ratio of 13%. In 2006 it was €228,176. 20 annual accounts are available, covering 2006 to 2025.
- Signals
-
Poor liquidityPoor liquidity 0.99
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 1.83MThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 2.04MStrong equity provides a buffer against setbacks.
Positive cashflowPositive cashflow € 2.24MPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 2.35MPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 19.2%Social debts stay manageable relative to personnel costs.
- Shareholders
- Miura 99,87%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
3.70M
|
€
2.88M
|
€
2.38M
|
€
1.96M
|
|
|
€
2.35M
|
€
1.71M
|
€
1.36M
|
€
1.11M
|
|
|
€
1.83M
|
€
1.80M
|
€
1.05M
|
€
520K
|
|
|
€
2.04M
|
€
1.46M
|
€
914K
|
€
763K
|
|
|
13.38%
|
12.05%
|
12.14%
|
18.42%
|
|
|
€
13.23M
|
€
10.68M
|
€
6.62M
|
€
3.38M
|
|
|
€
1.72M
|
€
2.05M
|
€
583K
|
€
370K
|
|
|
18.90
|
17.40
|
15.60
|
12.40
|
Publications 29
All publications- Rubriek Herstructurering (Fusie, Splitsing, Overdracht Vermogen, Enz...) 15/01/2026
- Rubriek Herstructurering (Fusie, Splitsing, Overdracht Vermogen, Enz...) 15/01/2026
- Rubriek Herstructurering (Fusie, Splitsing, Overdracht Vermogen, Enz...) 26/11/2024
- Rubriek Herstructurering (Fusie, Splitsing, Overdracht Vermogen, Enz...) 26/11/2024
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Wijziging Rechtsvorm - Ontslagen - Benoemingen - Algemene Vergadering 23/01/2024
Frequently asked questions
Answers to the most common questions about Covaco, based on official government data and the filed annual accounts.
What is the VAT number of Covaco?
The VAT number of Covaco is BE0430.033.761.
How many employees work at Covaco?
In 2025, Covaco employed 18.90 full-time equivalents (FTE).
When was Covaco established?
Covaco was founded in 09-12-1986.
What is the official address of Covaco?
The official address of Covaco is Langestraat 99/2 Zandhoven 2240.
What is the legal form of Covaco?
The juridical form of Covaco is Private limited company (BV/SRL).
What is the annual revenue of Covaco?
The 2025 accounts of Covaco do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Covaco a reliable company?
Covaco is a registered Rechtspersoon with company number 0430.033.761 and can be verified through the official CBE database.
What is the credit limit of Covaco?
The estimated credit limit of Covaco is €1,949,738.
Is Covaco still active?
Covaco currently has the status "Normal situation" and is active.