Overdue debts
€8,696 on 30-06-2025
The annual accounts state €1,422 of overdue tax debts and €7,274 of overdue social security (RSZ) debts on 30-06-2025.
KOVERIM
Lifetime
19 annual accounts with figures on one time axis, 40 filings since 1985peak €483,776 (2021)
€348,762▲ 37.3%
lowest -€182,143 (2015)
€68,992▲ €201,896
peak €167,863 (2018)
€33,469▲ €68,992
€1.0m▼ 11.8%
peak 7 FTE (2022)
2.4 FTE▼ 48.9%
Board3 names since 2017
2 directorsCOUWENBERGH Monique Josephina Franciscus and 1 other
Documentsfilings and deeds
18-12-202544 days before the deadline
2025abbreviated format
Gross margin from €254,067 to €348,762Back to profit: €68,992Staff from 4.7 FTE to 2.4 FTEEquity from -€35,524 to €33,469
Key points
from the 2025 annual accountsEquity
€33,469 from €167,863 in 2018
Equity fell by 80% in 7 years.
Result
€68,992 €68,992
Back in profit in 2025, after a loss of €132,904 in 2024.
Debts
€1.0m 95% of the balance sheet
Financial debts 45%Suppliers 14%Taxes and wages 5%Other 36%
Of this, €490,681 falls due within a year.
Staff
2.4 FTE from 7 in 2022
Between 2022 and 2025, 66% of the full-time equivalents disappeared.
Subsidiaries
-€20,836
Subsidiary with negative equity. HEIRLOOM 17.
Checked score
83
Excellent
Financially stronger than 47% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 4.2%▲ +2.9 percentage points vs 12-2024
02-2025: 4.2%● unchanged vs 01-2025
03-2025: 4.2%● unchanged vs 02-2025
04-2025: 4.2%● unchanged vs 03-2025
05-2025: 4.2%● unchanged vs 04-2025
06-2025: 4.2%● unchanged vs 05-2025
07-2025: 4.2%● unchanged vs 06-2025
08-2025: 4.3%▲ +0.1 percentage points vs 07-2025
09-2025: 4.3%● unchanged vs 08-2025
10-2025: 4.3%● unchanged vs 09-2025
11-2025: 4.3%● unchanged vs 10-2025
12-2025: 4.5%▲ +0.2 percentage points vs 11-2025highest value
01-2026: 0.4%▼ -4.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €33,469 (3.1% of total assets)
Liquidity: current ratio 0.51, cash €15,963
lowers risk
Founded in 1984
Size: 2.4 FTE, total assets €1.1m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 18% of them on solvency, 27% on liquidity, 46% on profitability and 96% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 931 companies had the same profile as KOVERIM has now. Each dot stands for 3 companies, two years later.
93.1%
were still trading
4.6%
stopped another way
1.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KOVERIM itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 931 companies, not a prediction for KOVERIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.51 (0.46 in 2024), below 1. Short-term debt is 45.1% and cash 1.5% of total assets. 96.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9902 sector peers (2025).
NBB · sector comparisonPosition among 9902 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 days early
2024
42 days early
2023
1 day early
2022
63 days early
2021
11 days early
2020
4 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Board and ownership
- GLENN DE ROUCKannual accounts 30-06-2020
- MONIQUE COUWENBERGHannual accounts 30-06-2020
Shares in 1 company, HEIRLOOM 17
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0426596892
1 director appointed, 2 reappointments
Reappointments: DE ROUCK Glenn and COUWENBERGH Monique Josephina Franciscus · Appointment: DE ROUCK Glenn (managing director) · “De aankoop en verkoop,zowel groot-als kleinhandel,de invoer en uitvoer,de marktverkoop en de verkoop op…” (deed in Dutch) · General meeting of 25-11-2022 · Gazette deed
New establishment in Antwerp
Hooftvunderlei 160
Resignation: Ellen Goormans (director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KOVERIM Antwerp | €1.1m | €348,762 | 3.1% | 2.4 |
| SPECERIJEN JOBO Lokeren | €0.7m | €402,968 | 68.2% | 3.7 |
| ROCHEPICES Rochefort | €1.2m | €594,715 | 72.5% | 4 |
| HERBAROMA Stabroek | €1.8m | €204,696 | 53.7% | 1 |
| VANOVERBEKE Waregem | €1.1m | €172,916 | 88.1% | 1.4 |
| CAFES LEROY Tournai | €0.7m | €408,016 | 62.2% | 4.6 |
| D'HAESE-AVO Zottegem | €1.2m | €489,482 | 42.5% | 4.8 |
These companies have the same main activity as KOVERIM: wholesale trade (NACE 46370). They are comparable in size and age: total assets between €723,000 and €1.8m, founded between 1983 and 1993.
Official details
Source: KBO- Status
- Active since 04-12-1984Normal situation
- Activity
- Wholesale tradeNACE 46370and 2 others
- Joint committees
- 220White-collar workers in the food industry
- 118Food industry · annual accounts 30-06-2025
- Establishment units
- 2.026.069.1872100 Antwerp, since 30-05-2002
- 2.296.093.4332000 Antwerp, since 22-11-2019and 1 other
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- ≈ €2.1mestimated
- €1.1m▼ 6.1%
- Employeeson 30-06-2025
- 3▼ 25.0%
- Filing
- Filed on 18-12-2025, 44 days before the end of the filing period
Insights on KOVERIM
KOVERIM files the abbreviated format. That format states no turnover. The gross margin rose from €24,088 in 2007 to €348,762 in 2025.
The balance sheet grew most in 2016 through fixed assets, financed with long-term debt.
In December 2022, the Official Gazette published the appointment of DE ROUCK Glenn as managing director.
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 KOVERIM
- What is the company number of KOVERIM?
- The company number of KOVERIM is 0426.596.892. The VAT number is the same number with BE in front: BE 0426.596.892.
- Where is KOVERIM based?
- The registered office is at Gallifortlei 275, 2100 Antwerp.Company details
- What does KOVERIM do?
- According to the KBO register, the main activity is wholesale trade (NACE 46370).
- What is the legal form of KOVERIM?
- KOVERIM is a public limited company (NV).
- When was KOVERIM founded?
- KOVERIM was founded on 04-12-1984.
- Is KOVERIM still active?
- Yes, KOVERIM is an active enterprise in the KBO register.
- How many employees does KOVERIM have?
- KOVERIM had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KOVERIM fall under?
- In its 30-06-2025 annual accounts, KOVERIM states joint committees 220 (White-collar workers in the food industry) and 118 (Food industry).
- What is the turnover of KOVERIM?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €348,762 and 30 comparable companies (NACE 463). It probably lies between €1.6m and €3.9m.
- Is KOVERIM profitable?
- In financial year 2025, KOVERIM made a profit of €68,992.
- Where can I find the annual accounts of KOVERIM?
- KOVERIM filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KOVERIM due?
- KOVERIM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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