COVENT

Active

Public limited companyfounded 1993active for 33 yearsHundelgemsesteenweg 101B, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0449.906.190

Summary

COVENT has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €108,105. Equity is growing by about 23% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

COVENTActiveChecked score 96/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€3.4mtotal assets 2025

Equity: €3.3m
Profit: €108,105

Turnover not published (abbreviated format)

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: Medizorg · 89.93%
Board: 6 members
Holdings: 1

Pieter WillaertChair

Accounts 104 days early1 of 11 deeds read

Why 96raises risk1 change of registered office in 24 monthslowers riskSize: total assets €3.4mFigures for financial year 2025 (filed 16-01-2026)Equity €3.3m (98.7% of total assets)Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 67% of its sector peers (no NACE code, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 98.7% of total assets

Liquidity 54+3

short-term debt 1.3% · cash 3.4%

Profitability 46-1

return on assets 3.2%

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 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: 0.8%▲ +0.7 percentage points vs 02-2025highest value 04-2025: 0.8%● unchanged vs 03-2025highest value 05-2025: 0.8%● unchanged vs 04-2025highest value 06-2025: 0.8%● unchanged vs 05-2025highest value 07-2025: 0.8%● unchanged vs 06-2025highest value 08-2025: 0.8%● unchanged vs 07-2025highest value 09-2025: 0.1%▼ -0.7 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €310,000 on 30-day terms is acceptable

Liquidity ample (current ratio 71.99, above the usual 1.5; short-term debt: 1.3% and cash: 3.4% of total assets), and 1.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 82% on solvency, 72% on liquidity, 51% on profitability and 62% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €3.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2025 (filed 16-01-2026)

NBB · annual accounts

Equity €3.3m (98.7% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-01-2026, 104 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

104 days early

2024

93 days early

2023

90 days early

2022

102 days early

2021

64 days early

2020

84 days early

2019

105 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 92 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end24-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-01-2026 Annual accounts filedfinancial year 2025 · abbreviated…
24-02-2025 Resignation: Luc Brouckaert (director)Reappointments: Alexander Baekelandt, Stefaan Geerts…
27-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by Medizorg 89.93% View
Active since 1993founded 16-04-1993 33 years View

By topic

Financials

Financial year: 2025
Total assets: €3.4m
Profit: €108,105
Solvency: 98.7%

Total assets▲ 4.4%

Net result

20192025

Go to Financials

Board & ownership

Board: 6 members
Parent: Medizorg · 89.93%

Pieter WillaertChair
Alexander BaekelandtDirector
Ann LefebvreDirector
Philippe GeysensDirector
Rik JoosDirector

and 1 other director

Go to Board & ownership

Network & group

Holdings: 1

1 holding

Go to Network & group

Timeline

Events: 40
Since: 1995
Next accounts: by 30-04-2027

31-01-2024Annual accounts filed
30-09-2023Back to profit
30-09-2023Liquidity more than 7 times

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Founded: 16-04-1993
Year ends: 30-09
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about COVENT

What is the company number of COVENT?: 0449.906.190. In Belgium the VAT number is the company number with BE in front: BE 0449.906.190.
Where is COVENT based?: The registered office is at Hundelgemsesteenweg 101B, 9820 Merelbeke-Melle.Company details
What is the legal form of COVENT?: Public limited company (NV).
When was COVENT founded?: On 16-04-1993.
Is COVENT still active?: Yes, COVENT is an active enterprise in the KBO register.
What is the turnover of COVENT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is COVENT profitable?: In financial year 2025, COVENT made a profit of €108,105.
Where can I find the annual accounts of COVENT?: COVENT filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COVENT due?: By 30-04-2027, for financial year 2026.Timeline