COVATAX
ActiveCOVATAX has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €19k. Its solvency ranks better than 55% of 12643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes
Profitability100
Solvency99
Growth-
Stability67
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.01), and 38.4% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.6%
Return on assets
53%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€22k
Total assets
€35k
Net result
€19k
Working capital
€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €35k
Fixed assets
€3k
Current assets
€32k
Equity and liabilities €35k
Equity
€22k
Debt
€13k
Debt finances 38.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€21k
Cash flow
€19k
Solvency
61.6%
Current ratio
3.01
Quick ratio
3.01
Debt / equity
0.62
ROE
86.1%
ROA
53.0%
Interest coverage
74.27
Debt
€13k
Debt ≤ 1 year
€11k
Debt > 1 year
€3k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€35k
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Furniture and vehicles24€3k
Current assets29/58€32k
Cash at bank and in hand54/58€30k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€35k
Equity10/15€22k
Contributions10/11€3k
Reserves13€15k
Distributable reserves133€15k
Profit (loss) carried forward14€4k
Amounts payable17/49€13k
Amounts payable after more than one year17€3k
Financial debts170/4€3k
Amounts payable within one year42/48€11k
Current portion of amounts payable after more than one year42€2k
Trade debts44€588
Suppliers440/4€588
Taxes, remuneration and social security45€4k
Taxes450/3€4k
Other amounts payable47/48€5k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€420
Other operating charges640/8€55
Gross operating margin9900€21k
Operating profit (loss)9901€20k
Financial charges65/66B€280
Recurring financial charges65€280
Profit (loss) for the period before taxes9903€20k
Income taxes67/77€2k
Profit (loss) for the period9904€19k
Profit (loss) for the period to be appropriated9905€19k
Appropriation of the result
Profit (loss) to be appropriated9906€19k
Transfer to equity691/2€15k
To other reserves6921€15k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro 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, Philippeville · 1 establishment unit since 2025
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.
Rue du Pechy(VLG) 95600 PhilippevilleGround area
822 m²
Building footprint
141 m²
Parcel 93084B0149/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
COVATAX
since 20252.374.732.719
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93084B0149/00H000 | Wallonia | 822 m² | 1 · 141 m² | - |
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
BLUE S QUARE
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Add up BGT
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BASTIAN DE RIJCKE
BE 0717.803.661
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 4,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2025
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:philippeleonardbtb@hotmail.com