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COVECON

Active Private limited companyfounded 2024active for 2 yearsWaterdamstraat 9, 8890 MoorsledeKBO/BCE: BE 1014.193.891

Lifetime

1 annual account with figures
peak €113,583 (2025)
€113,583 
peak €84,157 (2025)
€84,157 
peak €89,157 (2025)
€89,157 
€9,180 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Board

1 joined

New director. Latest change 01-12-2025 · 2 in office.

Position in the sector

90.7%

Higher solvency than 89% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as COVECON has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,274 companies, not a prediction for COVECON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • founderdeed of 30-09-2024
  • founderdeed of 30-09-2024
  • 25 sharesdeed of 30-09-2024
and 1 other shareholderBoard & ownership

Recent changes

Appointment: (director) General meeting of 16-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014193891
Incorporation Founders: and · 50 shares · Appointment: (director) · published on 30-09-2024 · Gazette deed
First establishment Waterdamstraat 9, Moorslede
All 5 events

Comparable companies

same main activity, similar in size and age
Company
COVECON Moorslede €98,337 €113,583 90.7% -
Fossé Solutions Zuienkerke €113,158 €98,398 71.2% -
Anton Martin Tielt €121,081 €106,495 91.1% -
ELDERU Waregem €87,279 €103,439 86.6% -
ALDRINCO Tielt €91,302 €92,224 88.6% -
De Ster Consulting Oostkamp €100,475 €92,602 68.9% -
Invictus Solutions Wielsbeke €93,193 €90,863 75.1% -

These companies have the same main activity as COVECON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €87,300 and €121,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 26-09-2024Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.364.856.0408890 Moorslede, since 26-09-2024
Financial year end
31 December
Peppol
Reachable since 22-10-2024
Company details

Annual accounts 2025

€98,337
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on COVECON

COVECON has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,157 and a net result of €84,157.

Its solvency ranks better than 89% of 41,211 sector peers (NACE 70, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about COVECON

What is the company number of COVECON?
The company number of COVECON is 1014.193.891. The VAT number is the same number with BE in front: BE 1014.193.891.
Where is COVECON based?
The registered office is at Waterdamstraat 9, 8890 Moorslede.Company details
What does COVECON do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of COVECON?
COVECON is a private limited company (BV).
When was COVECON founded?
COVECON was founded on 26-09-2024.
Is COVECON still active?
Yes, COVECON is an active enterprise in the KBO register.
What is the turnover of COVECON?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €113,583 and 109 comparable companies (NACE 70200). It probably lies between €160,000 and €230,000.Financials
Is COVECON profitable?
In financial year 2025, COVECON made a profit of €84,157.
Where can I find the annual accounts of COVECON?
COVECON filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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