Equity
€630,044 ▲ 18.1%
COVERASS has made a profit in every financial year since 2006.
COVERASS
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €473,709 (2024)
€305,502▼ 35.5%
peak €230,130 (2024)
€124,180▼ 46.0%
peak €823,789 (2016)
€630,044▲ 18.1%
€203,119▲ 21.1%
peak 1 FTE (2012)
-not published
Board2 names since 1995
2 directors and 1 other
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €473,709 to €305,502Result from €230,130 to €124,180Dividend €26,533Equity from €533,634 to €630,044Debts from €167,673 to €203,119Investments €77,725
Key points
from the 2025 annual accountsResult
€124,180 ▼ 46.0%
The result fell in 2025: the 2024 profit included a one-off income of €181,094.
Turnover
≈ €490,000 estimated
The micro format states no turnover.
Investments
€77,725 3.0 × depreciation
Green is investment, beige is depreciation.
Filings
30 annual accounts since 1996
Three of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.
Position in the sector
€630,044
More equity than 87% of companies in auxiliary financial services. Sector median €124,039 · 3,350 companies.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455138747
Changes of role: (director) and (director)
“Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van…” (deed in Dutch) · General meeting of 01-06-2023 · Gazette deed
Capital decrease of €522,000 to €18,600
Capital from €540,600 to €18,600 · Gazette deed
First establishment
Ronsesestraat 256, Brakel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COVERASS Brakel | €833,162 | €305,502 | 75.6% | - |
| Zakenkantoor Smet Beveren-Kruibeke-Zwijndrecht | €794,249 | €317,924 | 66.6% | 2.1 |
| 2BESURE Zedelgem | €819,770 | €276,630 | 70.4% | 2.5 |
| H et CO Ittre | €871,134 | €336,423 | 84.3% | - |
| SPIESSENS & WUYTS Willebroek | €790,819 | €295,612 | 94.1% | - |
| PORTUGAELS & PARTNERS Willebroek | €843,465 | €315,388 | 75.8% | - |
| vince Grimbergen | €884,555 | €339,764 | 12.5% | - |
These companies have the same main activity as COVERASS: insurance agents and brokers (NACE 66220). They are comparable in size and age: total assets between €791,000 and €885,000, founded between 1991 and 1998.
Official details
Source: KBO- Status
- Active since 28-04-1995Normal situation
- Activity
- Insurance agents and brokersNACE 66220
- Establishment unit
- 2.074.756.1609660 Brakel, since 05-01-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on COVERASS
COVERASS files the micro format. That format states no turnover. The gross margin rose from €87,116 in 2006 to €305,502 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COVERASS
- What is the company number of COVERASS?
- The company number of COVERASS is 0455.138.747. The VAT number is the same number with BE in front: BE 0455.138.747.
- Where is COVERASS based?
- The registered office is at Ronsesestraat 256, 9660 Brakel.Company details
- What does COVERASS do?
- According to the KBO register, the main activity is insurance agents and brokers (NACE 66220).
- What is the legal form of COVERASS?
- COVERASS is a private limited company (BV).
- When was COVERASS founded?
- COVERASS was founded on 28-04-1995.
- Is COVERASS still active?
- Yes, COVERASS is an active enterprise in the KBO register.
- How many employees does COVERASS have?
- COVERASS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of COVERASS?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €305,502 and 31 comparable companies (NACE 66). It probably lies between €440,000 and €560,000.
- Is COVERASS profitable?
- In financial year 2025, COVERASS made a profit of €124,180.
- Where can I find the annual accounts of COVERASS?
- COVERASS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COVERASS due?
- COVERASS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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