COVAS Consulting

Active

Private limited companyfounded 20233 yrs activeTurfbeemd 16, 2800 Mechelen, BelgiumKBO/BCE: BE 0802.421.216

COVAS Consulting has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €5k. Its solvency ranks better than 78% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

84 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▼-24

Solvency100=

Growth35

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

82.4%

Return on assets

6.7%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

53 d early

2024

51 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€4k▼ 95.9%

2024 · €108k

2024: €108k

2024 → 2025

EBIT margin

6.4%▼ 46.7pp

2024 · 53.1%

2024: 53.1%

2024 → 2025

Net result

€5k▼ 89.1%

2024 · €42k

2024: €42k

2024 → 2025

Working capital

€57k▲ 9.5%

2024 · €52k

2024: €52k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€108k-€4k▼ 95.9%

Equity€52k-€57k▲ 8.8%

Operating result€57k-€280▼ 99.5%

Net result€42k-€5k▼ 89.1%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 100% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €69k

99.8%

Fixed assets €162▼ 66.7%

Current assets €69k▲ 3.1%

Equity and liabilities €69k

82.4%

17.6%

Equity €57k▲ 8.8%

Debt €12k▼ 19.1%

The debt ratio falls from 22.3% to 17.6%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€605▼

2024 · €58k

Cash flow

€5k▼

2024 · €43k

Solvency

82.4%▲

2024 · 77.7%

Current ratio

5.67▲

2024 · 4.45

Quick ratio

5.67▲

2024 · 4.45

Debt / equity

0.21▼

2024 · 0.29

ROE

8.1%▼

2024 · 81.0%

ROA

6.7%▼

2024 · 62.9%

Interest coverage

7.76▼

2024 · 138.85

Debt

€12k▼

2024 · €15k

Debt ≤ 1 year

€12k▼

2024 · €15k

Income taxes

€-2k▼

2024 · €15k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€68k€69k▲

Fixed assets21/28€487€162▼

Tangible fixed assets22/27€487€162▼

Plant, machinery and equipment23€487€162▼

Current assets29/58€67k€69k▲

Current investments50/53€55k€50k▼

Cash at bank and in hand54/58€11k€18k▲

Deferred charges and accrued income490/1€898€861▼

Equity and liabilities

Total equity and liabilities10/49€68k€69k▲

Equity10/15€52k€57k▲

Contributions10/11€10k€10k=

Reserves13€42k€47k▲

Distributable reserves133€42k€47k▲

Amounts payable17/49€15k€12k▼

Amounts payable within one year42/48€15k€12k▼

Trade debts44€35-

Suppliers440/4€35-

Taxes, remuneration and social security45€15k€12k▼

Taxes450/3€15k€12k▼

Income statement Code20242025

Turnover70€108k€4k▼

Goods, raw materials, services and sundry goods60/61€31k€4k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€487€325▼

Other operating charges640/8€20k€150▼

Gross operating margin9900€78k€755▼

Operating profit (loss)9901€57k€280▼

Financial income75/76B-€2k

Recurring financial income75-€2k

Financial charges65/66B€417€78▼

Recurring financial charges65€417€78▼

Profit (loss) for the period before taxes9903€57k€3k▼

Income taxes67/77€15k€-2k▼

Profit (loss) for the period9904€42k€5k▼

Profit (loss) for the period to be appropriated9905€42k€5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€42k€5k▼

Transfer to equity691/2€42k€5k▼

To other reserves6921€42k€5k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

10-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Mechelen · 1 establishment unit since 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Turfbeemd 162800 Mechelen

Ground area

735 m²

Building footprint

113 m²

Volume, LiDAR

645 m³

Parcel 12404F0575/00D002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

CovaS Consulting bv

Turfbeemd 16, 2800 MechelenActivities of head offices; management consultancy activities

since 20232.345.746.941

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12404F0575/00D002	Flanders	735 m²	1 · 113 m²	8.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

COBALT CONSULTING

BE 0731.599.338

Sint-Agatha-Berchem · Eq €57k

Braine-l'Alleud · Eq €57k

Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 38,754 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-06-2023

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.