Financials
- Fiscal year
- 2025
- Total assets
- €141,566
- Loss
- -€1,071
- Solvency
- 98.2%
Total assets▼ 0.3%
Net result
20182025
"COVAMAF"
ActiveSummary
"COVAMAF" has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,976 and a net result of -€1,071. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3831 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Translation services
NACE 74301NACE 74300
1 site
Size
€141,566total assets 2025
- Equity
- €138,976
- Loss
- -€1,071
Turnover not published (abridged schema)
Structure
Accounts 17 d early0 of 2 deeds read
Why 93- Size: total assets €141,566- Loss of €1,071 (FY 2025)+ Equity €138,976 (98.2% of total assets)+ Sector Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 98.2% of total assets
Liquidity
61=
short-term debt 1.8% · cash 9.0%
Profitability
68-10
return on assets -0.8%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 19 months
04-2025: 0.4%
05-2025: 0.4%▼ -1.2% vs 04-2025
06-2025: 0.4%▼ -1.0% vs 05-2025
07-2025: 0.5%▲ +23.2% vs 06-2025
08-2025: 0.7%▲ +35.8% vs 07-2025highest value
09-2025: 0.1%▼ -87.0% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%▼ -1.1% vs 12-2025
02-2026: 0.1%▼ -1.1% vs 01-2026lowest value
03-2026: 0.1%● 0.0% vs 02-2026lowest value
04-2026: 0.1%▲ +8.0% vs 03-2026
05-2026: 0.1%▲ +5.3% vs 04-2026
06-2026: 0.1%▼ -1.0% vs 05-2026
07-2026: 0.1%▲ +11.1% vs 06-2026
08-2026: 0.1%▲ +10.9% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Equity €138,976 (98.2% of total assets) lowers the probability
- Size: total assets €141,566 raises the probability for this profile
- Loss of €1,071 (FY 2025) raises the probability
- Sector Other professional, scientific and technical activities (NACE 74) lowers the probability
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 7.93 against 8.28 in 2024; short-term debt: 1.8% and cash: 9% of total assets), and 1.8% 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 74, micro). Better than this share of them on solvency 88%, liquidity 52%, profitability 37%, growth against the median 39%. 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
15 d late
2023
13 d late
2022
on the day
2021
3 d early
2020
2 d early
2019
4 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 3 days before the deadline, and 38% 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 31 July (5 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 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €10,049
Key points
By topic
Timeline
- Events
- 18
- Since
- 2017
- Next accounts
- by 31-07-2027
- 14-07-2026Annual accounts filed
- 15-08-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Translation servicesNACE 74301
- Founded
- 11-12-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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