Cover Flooring BE

Active

Public limited companyfounded 1994active for 32 yearsHoogveld 90, 9200 Dendermonde, BelgiumKBO/BCE: BE 0453.260.907

Summary

Cover Flooring BE has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394,755 and a net result of €119,209. Equity is shrinking by about 7.1% per year across the filed financial years. Its solvency ranks better than 60% of 194 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

Cover Flooring BEActiveChecked score 89/100

Risk analysis Report Compare

Activity

Manufacture of textiles

NACE 13100Manufacture of textiles NACE 13930

1 site

Size

€651,420total assets 2025

Staff: 6.5 FTE
Equity: €394,755
Profit: €119,209

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Parent: DS TEXTILE GROUP · 100%

Kris De SaedeleirManaging director
Patrick De SaedeleirDirector

Auditor: Baker Tilly Bedrijfsrevisoren2025 accounts 43 days early1 of 10 deeds summarised

Why 89raises riskLiquidity: current ratio 2.07lowers riskFounded in 1994Profit of €119,209 (financial year 2025)Equity €394,755 (60.6% of total assets)Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 75% of its sector peers (NACE 13, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 86+23

equity 60.6% of total assets

Liquidity 63+28

short-term debt 39.4%

Profitability 92+5

return on assets 18.3%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (494 companies, NACE 13, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.6 percentage points vs 09-2026lowest value

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.07, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 39.4% of total assets), and 39.4% 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 (NACE 13, micro): better than 63% on solvency, 64% on liquidity, 85% on profitability and 89% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 2.07

NBB · annual accounts

Founded in 1994

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

KBO

Profit of €119,209 (financial year 2025)

NBB · annual accounts

Equity €394,755 (60.6% of total assets)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €394,755

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

43 days early

2024

42 days early

2023

37 days early

2022

56 days early

2021

30 days early

2020

36 days early

2019

31 days early

← 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 39 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

18-06-2026 Annual accounts filedfinancial year 2025 · full…
06-10-2025 Reappointments: Patrick De Saedeleir (director) and…Appointment: Baker Tilly Bedrijfsrevisoren BV…
19-06-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Caution: Among the weakest 18% on equitysector median €2.4m · 194 companies €394,755 View
Caution: Result fell in 2025from €221,782 to €119,209 ▼ 46.2% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by DS TEXTILE GROUP 100% View
New directorslatest change 16-12-2025 · 2 in office 2 joined View
Positive: 5 profitable years in a rowprofit 2025: €119,209 5 years View

By topic

Financials

Financial year: 2025
Total assets: €651,420
Profit: €119,209
Solvency: 60.6%

Turnover▲ 32.4%

Net result

20182024

Go to Financials

Board & ownership

Board: 2 members
Parent: DS TEXTILE GROUP · 100%
Auditor: Baker Tilly Bedrijfsrevisoren

Kris De SaedeleirManaging director
Patrick De SaedeleirDirector

Go to Board & ownership

Timeline

Events: 35
Since: 1997
Next accounts: by 31-07-2027

31-12-2024Highest result from 2018 to 2025
24-06-2024Annual accounts filed
05-06-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of textilesNACE 13100
Founded: 31-08-1994
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Cover Flooring BE

What is the company number of Cover Flooring BE?: 0453.260.907. In Belgium the VAT number is the company number with BE in front: BE 0453.260.907.
Where is Cover Flooring BE based?: The registered office is at Hoogveld 90, 9200 Dendermonde.Company details
What does Cover Flooring BE do?: According to the KBO register, the main activity is manufacture of textiles (NACE 13100).
What is the legal form of Cover Flooring BE?: Public limited company (NV).
When was Cover Flooring BE founded?: On 31-08-1994.
Is Cover Flooring BE still active?: Yes, Cover Flooring BE is an active enterprise in the KBO register.
How many employees does Cover Flooring BE have?: On average 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Cover Flooring BE?: €2.5m in financial year 2024, according to the filed annual accounts.
Is Cover Flooring BE profitable?: In financial year 2025, Cover Flooring BE made a profit of €119,209.
Where can I find the annual accounts of Cover Flooring BE?: Cover Flooring BE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cover Flooring BE due?: By 31-07-2027, for financial year 2026.Timeline

Companies related to Cover Flooring BE

Parent and group

DS TEXTILE GROUP100%

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark

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Overview

Checked score

Signals

Key points

By topic

Financials

Board & ownership

Timeline

Company details

Key facts about Cover Flooring BE

Companies related to Cover Flooring BE

Parent and group

Comparable companies

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