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BECOVA

Active
Private limited companyfounded 199333 yrs activeTedescolaan 7, 1160 Oudergem, BelgiumKBO/BCE: BE 0450.518.280
Summary

The computed 12-month bankruptcy probability of BECOVA is 1.5% (moderate). The 2025 annual accounts show equity of €170,641 and a net result of -€22,843. Equity is shrinking by ~5.9% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability2▼-13
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
short-term debt: 0.5% and cash: 47.4% of total assets, and 0.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.5%
Return on assets
-13.3%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€22,843
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 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
18 d early
2023
19 d early
2022
6 d early
2021
7 d early
2020
5 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 13 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BECOVA was incorporated on 22 June 1993.1 The registered office was moved to Auderghem in 2026.2 Total assets fell from EUR 265,264 in 2019 to EUR 171,428 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-05-2026
  3. 3National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€170,641▼ 11.8%
2024 · €193,484
Total assets
€171,428▼ 11.8%
2024 · €194,261
Net result
-€22,843▼ 19.5%
2024 · -€19,122
Working capital
€80,830▼ 19.3%
2024 · €100,154
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€22,498▼ 300%-€5,639▲ 74.9%-€7,497▼ 33.0%-€18,732▼ 150%-€22,674▼ 21.0%
Net result-€22,678▼ 283%-€6,003▲ 73.5%-€7,938▼ 32.2%-€19,122▼ 141%-€22,843▼ 19.5%
Equity€226,546▼ 9.1%€220,543▼ 2.6%€212,606▼ 3.6%€193,484▼ 9.0%€170,641▼ 11.8%
Total assets€233,766▼ 8.8%€227,673▼ 2.6%€220,170▼ 3.3%€194,261▼ 11.8%€171,428▼ 11.8%
Debt€7,220▲ 0.7%€7,129▼ 1.2%€7,565▲ 6.1%€777▼ 89.7%€787▲ 1.3%
Working capital€68,647▲ 2.1%€78,270▲ 14.0%€94,804▲ 21.1%€100,154▲ 5.6%€80,830▼ 19.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€22,498-€22,498Net result 2021: -€22,678-€22,678Operating result 2022: -€5,639-€5,639Net result 2022: -€6,003-€6,003Operating result 2023: -€7,497-€7,497Net result 2023: -€7,938-€7,938Operating result 2024: -€18,732-€18,732Net result 2024: -€19,122-€19,122Operating result 2025: -€22,674-€22,674Net result 2025: -€22,843-€22,84320212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€7,497-€7,500Net result 2023: -€7,938-€7,940Operating result 2024: -€18,732-€18,700Net result 2024: -€19,122-€19,100Operating result 2025: -€22,674-€22,700Net result 2025: -€22,843-€22,800202320242025
The operating result stays negative: a loss of €22,674 in 2025 against €18,732 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,428
Fixed assets €89,811 ▼ 3.8%
Current assets €81,617 ▼ 19.1%
Equity and liabilities €171,428
Equity €170,641 ▼ 11.8%
Debt €787 ▲ 1.3%
Debt's share of the balance-sheet total rises from 0.4% to 0.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€19,155▼
2024 · €380
Cash flow
-€19,324▼
2024 · -€10
Debt to equity
0.00▲
2024 · 0.00
ROE
-13.4%▼
2024 · -9.9%
ROA
-13.3%▼
2024 · -9.8%
Interest coverage
-113.38▼
2024 · 0.97
Debt ≤ 1 year
€787▲
2024 · €777
A ratio outside any meaningful range has been withheld (balance sheet total €171,428, equity €170,641).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
84% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€194,261€171,428▼
Fixed assets21/28€93,330€89,811▼
Tangible fixed assets22/27€93,330€89,811▼
Land and buildings22€77,855€77,855=
Plant, machinery and equipment23€15,475€11,956▼
Current assets29/58€100,931€81,617▼
Amounts receivable within one year40/41-€314
Trade receivables40-€314
Cash at bank and in hand54/58€99,114€81,303▼
Deferred charges and accrued income490/1€1,817-
Equity and liabilities
Total equity and liabilities10/49€194,261€171,428▼
Equity10/15€193,484€170,641▼
Contributions10/11€8,057€8,057=
Reserves13€188,596€188,596=
Tax-exempt reserves132€188,596€188,596=
Profit (loss) carried forward14-€3,168-€26,011▼
Amounts payable17/49€777€787▲
Amounts payable within one year42/48€777€787▲
Trade debts44€314€324▲
Suppliers440/4€314€324▲
Other amounts payable47/48€463€463=
Income statement Code20242025
Non-recurring operating income76A€4,639-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,111€3,519▼
Other operating charges640/8€8,777€8,672▼
Gross operating margin9900€9,156-€10,483▼
Operating profit (loss)9901-€18,732-€22,674▼
Financial charges65/66B€390€169▼
Recurring financial charges65€390€169▼
Profit (loss) for the period before taxes9903-€19,122-€22,843▼
Profit (loss) for the period9904-€19,122-€22,843▼
Profit (loss) for the period to be appropriated9905-€19,122-€22,843▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,168-€26,011▼
Profit (loss) brought forward from the previous period14P€15,953-€3,168▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€4,639--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,067€24,228€24,472€19,111€3,519▼ 81.6%
Other operating charges640/8-€7,276€8,379€8,777€8,672▼ 1.2%
Gross operating margin9900€9,284€25,866€25,354€9,156-€10,483▼ 214%
Operating profit (loss)9901-€22,498-€5,639-€7,497-€18,732-€22,674▼ 21.0%
Financial charges65/66B-€365€441€390€169▼ 56.7%
Recurring financial charges65€180€365€441€390€169▼ 56.7%
Profit (loss) for the period before taxes9903-€22,678-€6,003-€7,938-€19,122-€22,843▼ 19.5%
Profit (loss) for the period9904-€22,678-€6,003-€7,938-€19,122-€22,843▼ 19.5%
Profit (loss) for the period to be appropriated9905-€22,678-€6,003-€7,938-€19,122-€22,843▼ 19.5%
Line20212022202320242025Change
Assets
Total assets20/58€233,766€227,673€220,170€194,261€171,428▼ 11.8%
Fixed assets21/28€158,123€142,274€117,802€93,330€89,811▼ 3.8%
Tangible fixed assets22/27€158,123€142,274€117,802€93,330€89,811▼ 3.8%
Land and buildings22-€109,040€93,448€77,855€77,855=
Plant, machinery and equipment23-€22,512€18,994€15,475€11,956▼ 22.7%
Furniture and vehicles24-€10,721€5,361---
Current assets29/58€75,643€85,399€102,368€100,931€81,617▼ 19.1%
Amounts receivable within one year40/41-€4,000€2,190-€314-
Trade receivables40--€2,190-€314-
Other amounts receivable41-€4,000----
Cash at bank and in hand54/58€74,780€80,440€97,907€99,114€81,303▼ 18.0%
Deferred charges and accrued income490/1-€959€2,272€1,817--
Equity and liabilities
Total equity and liabilities10/49€233,766€227,673€220,170€194,261€171,428▼ 11.8%
Equity10/15€226,546€220,543€212,606€193,484€170,641▼ 11.8%
Contributions10/11€6,197€6,197€6,197€8,057€8,057=
Capital10-€6,197€6,197---
Issued capital100-€18,592€18,592---
Uncalled capital101-€12,395€12,395---
Reserves13€190,455€190,455€190,455€188,596€188,596=
Non-distributable reserves130/1-€1,859€1,859---
Legal reserve130-€1,859€1,859---
Tax-exempt reserves132-€188,596€188,596€188,596€188,596=
Profit (loss) carried forward14€29,894€23,891€15,953-€3,168-€26,011▼ 721%
Amounts payable17/49€7,220€7,129€7,565€777€787▲ 1.3%
Amounts payable within one year42/48€6,996€7,129€7,565€777€787▲ 1.3%
Trade debts44€895€1,029€1,464€314€324▲ 3.2%
Suppliers440/4-€1,029€1,464€314€324▲ 3.2%
Other amounts payable47/48-€6,101€6,101€463€463=
Line20212022202320242025Change
Profit (loss) for the period9904-€22,678-€6,003-€7,938-€19,122-€22,843▼ 19.5%
+ Depreciation and write-downs630€24,067€24,228€24,472€19,111€3,519▼ 81.6%
Operating cash flow (approximation)€1,389€18,225€16,534-€10-€19,324▼ 184,819%
Investment in fixed assets (approximation)--€8,379€0€5,361€0▼ 100%
Change in cash-€5,660€17,466€1,207-€17,811▼ 1,576%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-05
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 15-04-2026
  • Registered-office move, 7 Avenue Tedesco, 1160 Auderghem
2025
12-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Weakest financial yearnet -€22,843
Net result drops to -€22,843, the lowest in the series.
13-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Liquidity times 10current ratio 129.88
Current ratio from 13.53 to 129.88; short-term debt falls from €7,565 to €777.
12-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
2,698 m²
Building footprint
688 m²
Volume, LiDAR
7,771 m³
2 parcels, Brussels, Wallonia · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
49 companies at this address See who is registered here
1 establishment unit
BECOVA
Rue de Bomerée(GOZ) 53, 6534 ThuinNACE 5141001
since 19932.062.891.773
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
56352B0097/00A005 Wallonia 1,408 m² 1 · 122 m² 9.5 m · 2 fl.
21332B0493/00H031 Brussels 1,290 m² 1 · 566 m² 18.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded22-06-1993
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.