Financials
- Fiscal year
- 2025
- Total assets
- €702,802
- Loss
- -€46,836
- Solvency
- 94.5%
Total assets▼ 18.1%
Net result
20192025
COVER ONE
ActiveSummary
COVER ONE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €663,844 and a net result of -€46,836. Equity is growing by ~22.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Activity not known1 site
How big
€702,802total assets 2025
- Equity
- €663,844
- Loss
- -€46,836
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts filed 2 d late0 of 6 deeds read
Why 88- 1 change of registered office in 24 months- Loss of €46,836 (FY 2025)+ Size: total assets €702,802+ Figures for FY 2025 (filed 04-02-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 94.5% of total assets
Liquidity
98-1
short-term debt 2.1% · cash 38.5%
Profitability
40-60
return on assets -6.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €702,802 lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
- Loss of €46,836 (FY 2025) raises the probability
- Figures for FY 2025 (filed 04-02-2026) lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 21.74 against 5.13 in 2024; short-term debt: 2.1% and cash: 38.5% of total assets), and 5.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 89%, profitability 31%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
on the day
2022
50 d early
2021
52 d early
2020
48 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€46,836
- Liquidity quadruplescurrent ratio 21.74
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-01-2027
- 02-02-2026Annual accounts filed
- 30-06-2025Weakest financial year
- 30-06-2025Liquidity quadruples
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 28-08-2006
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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