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COV SERVICES

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1990active for 36 yearsRésidence Jacques Lambert 8, 4607 DalhemKBO/BCE: BE 0442.348.110

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1991
peak €105,428 (2023)
€98,233▲ 30.6%
lowest -€37,420 (2019)
€9,931▲ 227%
peak €80,151 (2025)
€80,151▲ 14.1%
€77,271▼ 24.4%
peak 3.8 FTE (2020)
-not published
Board1 name since 2020
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €75,232 to €98,233Result from €3,038 to €9,931Equity from €70,220 to €80,151Debts from €102,218 to €77,271Cash from €2,573 to €9,814

Key points

from the 2025 annual accounts

Equity

€80,151 ▲ 14.1%

COV SERVICES has made a profit without a break since 2020.

Staff

3 employees on 31-12-2025
112022242023312025

In 2025, 3 people joined and 1 left.

Filings

34 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 292 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as COV SERVICES has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 31,368 companies, not a prediction for COV SERVICES. 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442348110
Reappointment: (director) General meeting of 18-05-2021 · Gazette deed
First establishment Résidence Jacques Lambert 8, Dalhem
Incorporation published on 15-11-1990 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
COV SERVICES Dalhem €157,422 €98,233 50.9% -
GINSYS Lievegem €172,124 €78,054 60.4% -
NEOS COSMOS Brussels €168,676 €31,748 -91.3% -
EUROPEAN BATTERY RECYCLERS ASSOCIATION - ASSOCIATION EUROPEENNE DES RECYCLEURS DE BATTERIES, DE PILES ET D'ACCUMULATEURS Woluwe-Saint-Pierre €104,977 €47,103 94.3% -
MDI SPIRIT Middelkerke €79,442 €118,871 5.8% -
PSYCHORELIEF INTERNATIONAL Kraainem €154,785 €114,106 30.5% -
IDE BERT TRADING & CONSULTING Kortrijk €367,007 €77,356 -6.5% -

These companies have the same main activity as COV SERVICES: web portal activities (NACE 63910). They are comparable in size and age: total assets between €79,400 and €367,000, founded between 1978 and 2004.

Official details

Source: KBO
Status
Active since 22-10-1990Normal situation
Activity
Web portal activitiesNACE 63910and 6 others
Joint committee
227Audiovisual sector · annual accounts 2022
Establishment unit
2.055.600.9374607 Dalhem, since 08-01-1992
Financial year end
31 December
Peppol
Reachable since 14-01-2026
Company details

Annual accounts 2025

≈ €300,000estimated
€157,422▼ 8.7%
Employeeson 31-12-2025
3▲ 200%
Filing
Filed on 31-08-2026
Financials

Insights on COV SERVICES

COV SERVICES files the micro format. That format states no turnover. The gross margin rose from €194 in 2006 to €98,233 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 COV SERVICES

What is the company number of COV SERVICES?
The company number of COV SERVICES is 0442.348.110. The VAT number is the same number with BE in front: BE 0442.348.110.
Where is COV SERVICES based?
The registered office is at Résidence Jacques Lambert 8, 4607 Dalhem.Company details
What does COV SERVICES do?
According to the KBO register, the main activity is web portal activities (NACE 63910).
What is the legal form of COV SERVICES?
Legal form of COV SERVICES: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was COV SERVICES founded?
COV SERVICES was founded on 22-10-1990.
Is COV SERVICES still active?
Yes, COV SERVICES is an active enterprise in the KBO register.
How many employees does COV SERVICES have?
COV SERVICES had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does COV SERVICES fall under?
In its 2022 annual accounts, COV SERVICES states joint committee 227 (Audiovisual sector).
What is the turnover of COV SERVICES?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €98,233 and 2,667 comparable companies of the same size. It probably lies between €200,000 and €510,000. It is a rough estimate.
Is COV SERVICES profitable?
In financial year 2025, COV SERVICES made a profit of €9,931.
Where can I find the annual accounts of COV SERVICES?
COV SERVICES filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COV SERVICES due?
COV SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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