Financials
- Financial year
- 2025
- Total assets
- €38.6m
- Profit
- €15.1m
- Solvency
- 49.6%
Total assets▲ 49.6%
Net result
20192025
Summary
COVERCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €19.2m and a net result of €15.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 49% of 6,589 sector peers (NACE 64, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
Largest company by equity in Balen, Finance and insurance sector1 site
Size
€38.6mtotal assets 2025
- Staff
- 1.7 FTE
- Equity
- €19.2m
- Profit
- €15.1m
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Holdings
- 3
Accounts filed 27 days late1 of 7 deeds read
Signalslowers riskGrowing equityneutralFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Two signals.
lowers riskneutral
lowers risk · 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 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €19.2m
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
1 day early
2023
33 days late
2022
on the day
2021
on the day
2020
5 days late
2019
15 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 7 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end16-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €15.1m
- Equity above €10mequity €19.2m ▲192%
Key points
By topic
Network & group
- Subsidiaries
- 3
3 subsidiaries
Timeline
- Events
- 28
- Since
- 2005
- Next accounts
- by 31-01-2027
- 30-01-2025Annual accounts filed
- 07-01-2025Capital & shares · Amendment of the…
- 30-06-2024Liquidity more than triples
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 19-03-2003
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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