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Generated 28-06-2026
Active BE 0795.363.376Private limited company

Covalenz

Rue des Ecoles 27 ·1476 Genappe, Belgium· 3 yrs active
Sector: Wholesale trade (46110)
Conclusion Checked

The computed 12-month bankruptcy probability of Covalenz is 1.8% (average). The 2024 annual accounts show equity of €215k and a net result of €117k. Its solvency ranks better than 83% of 571 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €215k
Net result €117k
Better than sector 83%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability100Solvency100Growth78Stability94
94 / 100

Exceptional profile — strong across almost every axis.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.8% Average
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 13-08-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100k€150kOperating result 2023: €134k€134kNet result 2023: €94k€94kOperating result 2024: €165k€165kNet result 2024: €117k€117k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46 — Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 69.8% 23.8%
better than 83% of 571 sector peers
Net result €117k €3k
better than 95% of 567 sector peers
Equity €215k €16k
better than 95% of 572 sector peers
Gross operating margin €174k €15k
better than 93% of 562 sector peers
Total assets €308k €83k
better than 83% of 572 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€174k
+21.8% +264% vs sector
Net profit
€117k
+23.5% +290% vs sector
Cash flow
€125k
+21.5% +215% vs sector
Total assets
€308k
+115.3% +120% vs sector
Equity
€215k
+118.5% +564% vs sector
Working capital
€201k
+149.2% +600% vs sector
Income taxes
€50k
+25.4% +840% vs sector
Debt
€93k
+108.4% -30% vs sector
Debt ≤ 1y
€93k
+108.4% +41% vs sector
Current ratio
3.16
+12.6% +132% vs sector
Quick ratio
3.16
+12.6% +166% vs sector
Solvency
69.8%
+1.5% +1203% vs sector
Debt / equity
0.43
-4.6% -98% vs sector
ROE
54.2%
-43.5% -38% vs sector
ROA
37.8%
-42.7% +175% vs sector
Interest coverage
4087.96
-48.3% +7516% vs sector
Figures by fiscal year
Fiscal year2024
Revenue—
EBITDA€174k
Net profit€117k
Cash flow€125k
Staff costs—
Income taxes€50k
Dividends—
Total assets€308k
Equity€215k
Debt€93k
of which ≤ 1y€93k
of which > 1y—
Working capital€201k
Employees (FTE)—
Ratios (computed)
2024
Current ratio3.16
Quick ratio3.16
Working capital ratio65.3%
Solvency69.8%
Debt / equity0.43
Long-term debt ratio—
Interest coverage4087.96
Gross margin—
Net margin—
ROA37.8%
ROE54.2%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€308k
Fixed assets 21/28€14k
Tangible fixed assets 22/27€14k
Current assets 29/58€294k
Amounts receivable within one year 40/41€39k
Cash & bank 54/58€254k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€308k
Equity 10/15€215k
Contributions / capital 10/11€4k
Reserves 13€211k
Amounts payable 17/49€93k
Amounts payable within one year 42/48€93k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€174k
Operating result 9901€165k
Financial income 75€2k
Financial charges 65€42
Result before taxes 9903€166k
Income taxes 67/77€50k
Net result for the period 9904€117k
Result to be appropriated 9905€117k
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Ratios computed by Checked.
Legal Structure
NACE primary Wholesale trade(46110)
Legal form Private limited company(610)
Incorporation23-12-2022
StatusActive
Postal code1476
Establishment units 1 location
Rue des Ecoles 27, 1476 Genappe
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
since 20232.340.167.659
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25041F0013/00E002 Wallonia 218 m² 1 · 85 m² 10.7 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
13-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
12-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling in landbouwproducten, levende dieren en textielgrondstoffen en halffabrikaten46110Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten46110Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameFR Covalenz
Registered office
Rue des Ecoles 27
1476 Genappe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative