Bouwonderneming Covemaeker
ActiveSummary
Bouwonderneming Covemaeker has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.4m and a net result of €223,731. Equity has been growing by about 2.5% per year since 2018. Its solvency ranks better than 95% of 1,029 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-04-1973 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.008.497.143 8600 Diksmuide, since 01-01-1973
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Board and ownership
- Steven CovemaekerChair
- Marian CrevitsManaging director
- Auditor
- AUDITAS BEDRIJFSREVISOREN BV
- THOVIN99.97%2025 annual accounts of THOVIN
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €10.3m
- ▲ 16.8%
- Profit
- €223,731
- ▼ 47.7%
- Equity
- €13.4m
- ▲ 1.7%
- Total assets
- €14.4m
- ▲ 4.4%
- Employees on 31-12-2025
- 46
- ▼ 11.5%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 16.20, cash €782,130lowers riskFounded in 1973Equity €13.4m (93.0% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, small). It does better than 95% of them on solvency, 78% on liquidity, 47% on profitability and 61% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by equity in Diksmuide, Construction sectorin the Checked rankings No. 1 View
- Caution: Result fell in 2025from €427,496 to €223,731 ▼ 47.7% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €223,731 8 years View
Recent changes
- · Gazette deed Reappointment: AUDITAS BEDRIJFSREVISOREN BV (statutory auditor)
- · Gazette deed Resignation: Vincent Covemaeker (director)
- · Gazette deed Resignation: Jackie Covemaeker (director)Reappointments: Steven Covemaeker, Marian Crevits and Vincent Covemaeker · Appointment: Steven Covemaeker (chair of the board)
Comparable companies
These companies have the same main activity as Bouwonderneming Covemaeker: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €13m and €19m, founded between 1971 and 1987.
| Company | Total assets | Turnover |
|---|---|---|
| Bouwonderneming Covemaeker Diksmuide | €14.4m | €10.3m |
| BOUWBEDRIJF VERSLUYS Oostende | €18.7m | €7.3m |
| ALGEMENE BOUWONDERNEMING DESPIERRE FILIP Houthulst | €14.6m | €14.3m |
| S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG Eupen | €13.6m | €12.8m |
| H.P. Linden Sankt Vith | €16.0m | €13.6m |
| Entreprises Bajart Namur | €12.9m | €12.4m |
| Roebben J. Bilzen-Hoeselt | €13.6m | €16.7m |
Key facts about Bouwonderneming Covemaeker
- What is the company number of Bouwonderneming Covemaeker?
- The company number of Bouwonderneming Covemaeker is 0413.224.849. The VAT number is the same number with BE in front: BE 0413.224.849.
- Where is Bouwonderneming Covemaeker based?
- The registered office is at Kleine Dries(D) 12, 8600 Diksmuide.Company details
- What does Bouwonderneming Covemaeker do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Bouwonderneming Covemaeker?
- The legal form of Bouwonderneming Covemaeker is Public limited company (NV).
- When was Bouwonderneming Covemaeker founded?
- Bouwonderneming Covemaeker was founded on 28-04-1973.
- Is Bouwonderneming Covemaeker still active?
- Yes, Bouwonderneming Covemaeker is an active enterprise in the KBO register.
- How many employees does Bouwonderneming Covemaeker have?
- Bouwonderneming Covemaeker had an average of 47 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Bouwonderneming Covemaeker fall under?
- In its 2025 annual accounts, Bouwonderneming Covemaeker states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of Bouwonderneming Covemaeker?
- The turnover of Bouwonderneming Covemaeker was €10.3m in financial year 2025, according to the filed annual accounts.
- Is Bouwonderneming Covemaeker profitable?
- In financial year 2025, Bouwonderneming Covemaeker made a profit of €223,731.
- Where can I find the annual accounts of Bouwonderneming Covemaeker?
- Bouwonderneming Covemaeker filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bouwonderneming Covemaeker due?
- Bouwonderneming Covemaeker must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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