Couvimo
ActiveSummary
Couvimo has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €302,774. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 81% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+48
Solvency100=
Growth67▲+15
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 8.09 against 6.76 in 2024; short-term debt: 5.8% and cash: 13.4% of total assets), and 18.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.6%
Return on assets
9.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
8 d late
2023
16 d early
2022
4 d early
2021
12 d early
2020
11 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 oldest company in Couvin, Real estate sector#4 company by total assets in Couvin, Real estate sector
Turnover
€427,360▲ 3.4%
2024 · €413,334
EBIT margin
102.9%▲ 132.4pp
2024 · -29.5%
Net result
€302,774
2024 · -€91,486
Working capital
€1.3m▲ 37.4%
2024 · €975,942
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€413,334€427,360▲ 3.4%
Operating result€32,752▲ 6.3%€12,295▼ 62.5%€178,060▲ 1,348%-€121,943€439,678
Net result€21,480within the sector's middle half▲ 10.9%€6,029within the sector's middle half▼ 71.9%€127,956within the sector's middle half▲ 2,022%-€91,486below the sector's middle half€302,774above the sector's middle half
EBIT margin-29.5%102.9%▲ 132.4pp
Equity€2.3mwithin the sector's middle half▲ 0.9%€2.3mwithin the sector's middle half▲ 0.3%€2.4mwithin the sector's middle half▲ 5.5%€2.3mwithin the sector's middle half▼ 3.8%€2.6mwithin the sector's middle half▲ 12.9%
Total assets€3.4mwithin the sector's middle half▼ 2.3%€3.2mwithin the sector's middle half▼ 5.7%€3.1mwithin the sector's middle half▼ 3.2%€2.9mwithin the sector's middle half▼ 5.2%€3.2mwithin the sector's middle half▲ 11.7%
Debt€1.0m▼ 8.8%€839,700▼ 18.9%€573,242▼ 31.7%€528,600▼ 7.8%€427,338▼ 19.2%
Working capital€630,571within the sector's middle half▲ 3.5%€579,249within the sector's middle half▼ 8.1%€1.2mabove the sector's middle half▲ 98.5%€975,942above the sector's middle half▼ 15.1%€1.3mabove the sector's middle half▲ 37.4%
Solvency68.7%above the sector's middle half▲ 2.2pp73.0%above the sector's middle half▲ 4.3pp79.6%above the sector's middle half▲ 6.6pp80.8%above the sector's middle half▲ 1.2pp81.6%above the sector's middle half▲ 0.9pp
Current ratio2.24within the sector's middle half▲ 0.022.54within the sector's middle half▲ 0.306.76above the sector's middle half▲ 4.236.76above the sector's middle half=8.09above the sector's middle half▲ 1.32
Return on assets (ROA)0.6%within the sector's middle half▲ 0.1pp0.2%within the sector's middle half▼ 0.4pp4.2%within the sector's middle half▲ 4.0pp-3.1%below the sector's middle half▼ 7.3pp9.3%above the sector's middle half▲ 12.5pp
Staff (FTE)2within the sector's middle half=3within the sector's middle half▲ 50.0%3within the sector's middle half=3within the sector's middle half=4.3above the sector's middle half▲ 43.3%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €439,678 after a loss of €121,943 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.7m ▼ 2.5%
Current assets
€1.5m ▲ 33.6%
Equity and liabilities €3.2m
Equity
€2.6m ▲ 12.9%
Provisions
€168,714 ▲ 465%
Debt
€427,338 ▼ 19.2%
Debt's share of the balance-sheet total falls from 18.2% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€587,399▲
2024 · €23,639
Cash flow
€450,495▲
2024 · €54,096
Debt to equity
0.16▼
2024 · 0.23
ROE
11.4%▲
2024 · -3.9%
Interest coverage
77.70▲
2024 · 2.61
Debt ≤ 1 year
€189,224▲
2024 · €169,296
Debt > 1 year
€237,374▼
2024 · €358,589
Income taxes
€562▲
2024 · €417
Staff costs
€199,358▲
2024 · €155,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 31,371 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €462,833 | €489,719 | €670,443 | €556,603 | €1.1m | ▲ 89.3% |
| Turnover70 | - | - | - | €413,334 | €427,360 | ▲ 3.4% |
| Other operating income74 | €462,833 | €489,719 | €670,443 | €143,270 | €478,740 | ▲ 234% |
| Non-recurring operating income76A | - | - | - | - | €147,773 | - |
| Operating charges60/66A | €430,080 | €477,424 | €492,382 | €678,547 | €614,195 | ▼ 9.5% |
| Services and other goods61 | €190,111 | €155,150 | €176,901 | €302,954 | €208,601 | ▼ 31.1% |
| Remuneration, social security and pensions62 | €67,660 | €149,496 | €146,601 | €155,446 | €199,358 | ▲ 28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €133,724 | €126,004 | €114,403 | €145,583 | €147,721 | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €10,950 | €0 | ▼ 100% |
| Other operating charges640/8 | €38,585 | €46,773 | €54,477 | €63,614 | €58,515 | ▼ 8.0% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | €32,752 | €12,295 | €178,060 | -€121,943 | €439,678 | ▲ 461% |
| Financial income75/76B | €10,993 | €10,041 | €7,718 | €17,591 | €10,080 | ▼ 42.7% |
| Recurring financial income75 | €10,993 | €10,041 | €7,718 | €17,591 | €10,080 | ▼ 42.7% |
| Other financial income752/9 | €10,993 | €10,041 | €7,718 | €17,591 | €10,080 | ▼ 42.7% |
| Financial charges65/66B | €14,228 | €12,021 | €6,612 | €9,064 | €7,560 | ▼ 16.6% |
| Recurring financial charges65 | €14,228 | €12,021 | €6,612 | €9,064 | €7,560 | ▼ 16.6% |
| Debt charges650 | €13,943 | €12,013 | €6,612 | €9,064 | €7,560 | ▼ 16.6% |
| Other financial charges652/9 | €285 | €8 | €0 | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €29,518 | €10,316 | €179,166 | -€113,417 | €442,199 | ▲ 490% |
| Transfer from deferred taxes780 | €949 | €949 | €1,244 | €38,819 | €5,350 | ▼ 86.2% |
| Transfer to deferred taxes680 | - | - | €37,402 | €16,472 | €144,213 | ▲ 776% |
| Income taxes67/77 | €8,987 | €5,236 | €15,052 | €417 | €562 | ▲ 34.9% |
| Taxes670/3 | €8,987 | €5,236 | €15,052 | €417 | €562 | ▲ 34.9% |
| Profit (loss) for the period9904 | €21,480 | €6,029 | €127,956 | -€91,486 | €302,774 | ▲ 431% |
| Transfer from tax-exempt reserves789 | €2,848 | €2,848 | €3,732 | €116,457 | €13,762 | ▼ 88.2% |
| Transfer to tax-exempt reserves689 | - | - | €112,206 | €49,415 | €432,638 | ▲ 776% |
| Profit (loss) for the period to be appropriated9905 | €24,328 | €8,877 | €19,482 | -€24,445 | -€116,102 | ▼ 375% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.4m | €3.2m | €3.1m | €2.9m | €3.2m | ▲ 11.7% |
| Fixed assets21/28 | €2.2m | €2.2m | €1.7m | €1.8m | €1.7m | ▼ 2.5% |
| Tangible fixed assets22/27 | €2.2m | €2.2m | €1.7m | €1.8m | €1.7m | ▼ 2.5% |
| Land and buildings22 | €2.2m | €2.2m | €1.7m | €1.6m | €1.6m | ▼ 0.9% |
| Plant, machinery and equipment23 | - | - | - | €1,781 | €1,404 | ▼ 21.2% |
| Furniture and vehicles24 | €3,601 | €3,176 | €17,948 | €23,034 | €22,658 | ▼ 1.6% |
| Leasing and similar rights25 | - | €27,116 | €25,754 | €121,800 | €91,482 | ▼ 24.9% |
| Current assets29/58 | €1.1m | €956,559 | €1.3m | €1.1m | €1.5m | ▲ 33.6% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.1m | €915,345 | €644,688 | €1.0m | €1.1m | ▲ 5.4% |
| Trade receivables40 | €1,123 | €1,366 | €773 | €387 | €50,247 | ▲ 12,900% |
| Other amounts receivable41 | €1.1m | €913,979 | €643,914 | €1.0m | €1.0m | ▲ 0.6% |
| Current investments50/53 | - | - | €500,000 | €0 | - | - |
| Other investments51/53 | - | - | €500,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €26,765 | €36,471 | €190,995 | €99,507 | €433,340 | ▲ 335% |
| Deferred charges and accrued income490/1 | €4,120 | €4,743 | €13,925 | €6,975 | €2,571 | ▼ 63.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.4m | €3.2m | €3.1m | €2.9m | €3.2m | ▲ 11.7% |
| Equity10/15 | €2.3m | €2.3m | €2.4m | €2.3m | €2.6m | ▲ 12.9% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €257,242 | €254,394 | €362,868 | €295,827 | €714,702 | ▲ 142% |
| Non-distributable reserves130/1 | €138,259 | €138,259 | €138,259 | €138,259 | €138,259 | = |
| Legal reserve130 | €138,259 | €138,259 | €138,259 | €138,259 | €138,259 | = |
| Tax-exempt reserves132 | €50,969 | €48,121 | €156,595 | €89,554 | €508,429 | ▲ 468% |
| Distributable reserves133 | €68,014 | €68,014 | €68,014 | €68,014 | €68,014 | = |
| Profit (loss) carried forward14 | €664,799 | €673,676 | €693,158 | €668,713 | €552,611 | ▼ 17.4% |
| Provisions and deferred taxes16 | €16,990 | €16,040 | €52,198 | €29,851 | €168,714 | ▲ 465% |
| Deferred taxes168 | €16,990 | €16,040 | €52,198 | €29,851 | €168,714 | ▲ 465% |
| Amounts payable17/49 | €1.0m | €839,700 | €573,242 | €528,600 | €427,338 | ▼ 19.2% |
| Amounts payable after more than one year17 | €524,232 | €462,350 | €373,661 | €358,589 | €237,374 | ▼ 33.8% |
| Financial debts170/4 | €516,891 | €452,409 | €360,930 | €345,859 | €229,838 | ▼ 33.5% |
| Leasing and similar obligations172 | - | €21,421 | €16,175 | €87,678 | €58,573 | ▼ 33.2% |
| Credit institutions173 | €516,891 | €430,988 | €344,755 | €258,181 | €171,266 | ▼ 33.7% |
| Other amounts payable178/9 | €7,341 | €9,941 | €12,731 | €12,731 | €7,536 | ▼ 40.8% |
| Amounts payable within one year42/48 | €509,937 | €377,310 | €199,581 | €169,296 | €189,224 | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €115,860 | €90,925 | €91,479 | €114,615 | €116,020 | ▲ 1.2% |
| Trade debts44 | €131,645 | €61,268 | €73,651 | €35,828 | €46,361 | ▲ 29.4% |
| Suppliers440/4 | €131,645 | €61,268 | €73,651 | €35,828 | €46,361 | ▲ 29.4% |
| Taxes, remuneration and social security45 | €26,539 | €32,511 | €34,452 | €18,852 | €26,843 | ▲ 42.4% |
| Taxes450/3 | €21,667 | €16,112 | €18,229 | €3,860 | €1,173 | ▼ 69.6% |
| Remuneration and social security454/9 | €4,872 | €16,399 | €16,223 | €14,992 | €25,669 | ▲ 71.2% |
| Other amounts payable47/48 | €235,893 | €192,607 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €600 | €40 | €0 | €715 | €740 | ▲ 3.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,480 | €6,029 | €127,956 | -€91,486 | €302,774 | ▲ 431% |
| + Depreciation and write-downs630 | €133,724 | €126,004 | €114,403 | €145,583 | €147,721 | ▲ 1.5% |
| Operating cash flow (approximation) | €155,205 | €132,033 | €242,359 | €54,096 | €450,495 | ▲ 733% |
| Investment in fixed assets (approximation) | - | -€119,964 | €380,990 | -€191,477 | -€102,932 | ▲ 46.2% |
| Change in cash | - | €9,706 | €154,524 | -€91,488 | €333,833 | ▲ 465% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 13 days late
2025
31-12
Financial
Back to profitnet €302,774
Net result €302,774 after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 8 days late
2024
31-12
Financial
Weakest financial yearnet -€91,486
Net result drops to -€91,486, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.76
Current ratio from 2.54 to 6.76; short-term debt falls from €377,310 to €199,581.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €61,853
Net result €61,853 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 1977
Ground area
290 m²
Building footprint
120 m²
Parcel 93014A0405/00B002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Gare 20, 5660 Couvin
since 19772.013.712.575
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014A0405/00B002indicative | Wallonia | 290 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- FINANCIERE COUVIGEST
- Couvimo
Highest known parent: FINANCIERE COUVIGEST. The sources do not say who stands above it.
Owners 1
-
99.95%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Couvimo and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,141 companies in sector 68201 we hold annual accounts for 6,772. 3,968 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-06-1977
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Phone
060/34.03.00Couvin
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417673387
Also
9925:BE0417673387
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.