Financials
- Fiscal year
- 2025
- Turnover
- €25.2m
- Loss
- -€728,657
- Solvency
- 63.1%
Turnover▼ 1.1%
Net result
20182025
COVALUX
ActiveSummary
COVALUX has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.5m and a net result of -€728,657. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Wholesale of motor vehicle parts and accessories
NACE 46720NACE 45310NACE 50301
#1 employer in Marche-en-Famenne, Wholesale and retail trade sector13 sites
How big
€25.2mturnover 2025
- Staff
- 101.2 FTE
- Equity
- €6.5m
- Loss
- -€728,657
Who decides
- Parent
- COFINPAR · 100%
Accounts 24 d early0 of 19 deeds read
Why 83- Loss of €728,657 (FY 2025)- Liquidity: current ratio 2.73, cash €54,392- Size: turnover €25.2m, 101.2 FTE, total assets €10.3m+ Founded in 1983Show the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 46, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
88-2
equity 63.1% of total assets
Liquidity
35-1
short-term debt 34.9% · cash 0.5%
Profitability
10-45
return on assets -7.1%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Loss of €728,657 (FY 2025) raises the probability
- Founded in 1983 lowers the probability for this profile
- Liquidity: current ratio 2.73, cash €54,392 raises the probability
- Size: turnover €25.2m, 101.2 FTE, total assets €10.3m raises the probability for this profile
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 2.9 in 2024; short-term debt: 34.9% and cash: 0.5% of total assets), and 36.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, medium-sized). Better than this share of them on solvency 77%, liquidity 46%, profitability 5%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
29 d early
2023
34 d early
2022
56 d early
2021
72 d early
2020
8 d early
2019
47 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 25 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€728,657
- Annual accounts filedfiscal year 2024 · full…
Key points
- Caution: From profit to loss in 2025after €141,454 in 2024 -€728,657 View
- Caution: Among the weakest 5% on net resultsector median €115,462 · 5,397 companies -€728,657 View
- Controlled by COFINPARknown shareholders 100% 100% View
- Positive: Always filed on timeaccounts within the deadline every year 6 years View
By topic
Board & ownership
- Parent
- COFINPAR · 100%
- Known shareholders
- 100%
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 07-07-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 02-07-2025Annual accounts filed
Company details
- Sites
- 13
- Legal form
- Public limited company
- Activity
- Wholesale of motor vehicle parts and accessoriesNACE 46720
- Founded
- 26-09-1983
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?COFINPAR · 19 companies
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