Losses
-€59,861 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
COVERBO
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1993peak €102,693 (2019)
-€8,812▼ €23,527
lowest -€42,046 (2025)
-€42,046▼ €24,231
peak €549,105 (2021)
€433,959▼ 8.8%
€18,594▼ 55.7%
peak 1 FTE (2007)
-not published
Board4 names since 2010
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €14,714 to -€8,812Loss of €42,046Resignation: (director) 12-06New director 26-02Debts from €41,981 to €18,594
Key points
from the 2025 annual accountsLiquidity
19.02 was 9.81 in 2024
Short-term debts fell from €41,981 to €18,594.
Position in the sector
-€42,046
Lower net result than 95% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as COVERBO has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 8,613 companies, not a prediction for COVERBO. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446660056
Resignation: (director)
General meeting of 12-05-2025 · Gazette deed
New director
appointed, resigned · General meeting of 20-12-2024 · Gazette deed
Registered office moved within Hooglede
New registered office: Kleine Noordstraat 11, 8830 Hooglede · Previous registered office: Hogestraat 21, 8830 Hooglede · Resignations: (director) and (director) · General meeting of 06-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COVERBO Hooglede | €452,554 | -€8,812 | 95.9% | - |
| ROBOMA Gistel | €570,056 | -€5,424 | 95.3% | - |
| Van Houtven Laakdal | €474,203 | -€29,566 | 93.8% | - |
| FERRI Etterbeek | €496,349 | -€6,701 | 49.7% | - |
| BOUWEN EN VASTGOED Leuven | €466,373 | -€4,890 | -20.7% | - |
| BARINA Erpe-Mere | €505,770 | -€52,922 | 15.6% | - |
| TOPKNIT Sint-Niklaas | €476,252 | -€52,488 | 85.9% | - |
These companies have the same main activity as COVERBO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €466,000 and €570,000, founded between 1989 and 1994.
Official details
Source: KBO- Status
- Active since 20-02-1992Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.056.457.5078830 Hooglede, since 03-03-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
Annual accounts to 30-06-2025
- €452,554▼ 12.6%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on COVERBO
COVERBO files the micro format. That format states no turnover. The gross margin fell from €7,090 in 2007 to -€8,812 in 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 COVERBO
- What is the company number of COVERBO?
- The company number of COVERBO is 0446.660.056. The VAT number is the same number with BE in front: BE 0446.660.056.
- Where is COVERBO based?
- The registered office is at Kleine Noordstraat 11, 8830 Hooglede.Company details
- What does COVERBO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of COVERBO?
- COVERBO is a public limited company (NV).
- When was COVERBO founded?
- COVERBO was founded on 20-02-1992.
- Is COVERBO still active?
- Yes, COVERBO is an active enterprise in the KBO register.
- What is the turnover of COVERBO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is COVERBO profitable?
- In financial year 2025, COVERBO made a loss of €42,046.
- Where can I find the annual accounts of COVERBO?
- COVERBO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COVERBO due?
- COVERBO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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