COVERCO
ActiveSummary
The computed 12-month bankruptcy probability of COVERCO is 4.1% (elevated). The 2025 annual accounts show equity of €3.0m and a net result of -€38,366. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 36 days after 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)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,576 | €551 | €551 | €4,645 | ▲ 744% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €45,340 | €100,000 | - | - |
| Other operating charges640/8 | €17,139 | €9,231 | €10,707 | €9,867 | ▼ 7.8% |
| Gross operating margin9900 | €157,879 | €49,957 | €66,524 | €32,950 | ▼ 50.5% |
| Operating profit (loss)9901 | €129,163 | -€5,164 | -€44,734 | €18,438 | ▲ 141% |
| Financial income75/76B | €0 | €3,797 | €7,239 | €10 | ▼ 99.9% |
| Recurring financial income75 | €0 | €3,797 | €7,239 | €10 | ▼ 99.9% |
| Financial charges65/66B | €289,723 | €1,018 | €941 | €56,814 | ▲ 5,936% |
| Recurring financial charges65 | €3,737 | €1,018 | €941 | €56,814 | ▲ 5,936% |
| Non-recurring financial charges66B | €285,987 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€160,560 | -€2,386 | -€38,436 | -€38,366 | ▲ 0.2% |
| Income taxes67/77 | €1,171 | - | - | - | - |
| Profit (loss) for the period9904 | -€161,731 | -€2,386 | -€38,436 | -€38,366 | ▲ 0.2% |
| Profit (loss) for the period to be appropriated9905 | -€161,731 | -€2,386 | -€38,436 | -€38,366 | ▲ 0.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3.4m | €3.3m | €3.3m | €3.2m | ▼ 1.6% |
| Fixed assets21/28 | €2.6m | €2.6m | €2.6m | €2.7m | ▲ 1.6% |
| Tangible fixed assets22/27 | €84,526 | €83,976 | €83,425 | €124,605 | ▲ 49.4% |
| Land and buildings22 | €84,526 | €83,976 | €83,425 | €124,605 | ▲ 49.4% |
| Financial fixed assets28 | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Current assets29/58 | €737,666 | €701,417 | €635,543 | €543,840 | ▼ 14.4% |
| Amounts receivable after more than one year29 | €396,931 | €445,825 | €450,825 | €394,914 | ▼ 12.4% |
| Other amounts receivable291 | €396,931 | €445,825 | €450,825 | €394,914 | ▼ 12.4% |
| Amounts receivable within one year40/41 | €265,979 | €221,089 | €124,089 | €124,239 | ▲ 0.1% |
| Trade receivables40 | - | €150 | €3,150 | €150 | ▼ 95.2% |
| Other amounts receivable41 | €265,979 | €220,939 | €120,939 | €124,089 | ▲ 2.6% |
| Cash at bank and in hand54/58 | €57,786 | €34,485 | €60,629 | €24,687 | ▼ 59.3% |
| Deferred charges and accrued income490/1 | €16,971 | €18 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3.4m | €3.3m | €3.3m | €3.2m | ▼ 1.6% |
| Equity10/15 | €3.1m | €3.0m | €3.0m | €3.0m | ▼ 1.3% |
| Contributions10/11 | €410,705 | €410,705 | €410,705 | €410,705 | = |
| Reserves13 | €2.6m | €2.6m | €2.6m | €2.6m | ▼ 1.5% |
| Non-distributable reserves130/1 | €110,337 | €110,337 | €110,337 | €110,337 | = |
| Reserves not available under the articles1311 | €110,337 | €110,337 | €110,337 | €110,337 | = |
| Distributable reserves133 | €2.5m | €2.5m | €2.5m | €2.5m | ▼ 1.5% |
| Amounts payable17/49 | €303,485 | €269,071 | €241,082 | €228,926 | ▼ 5.0% |
| Amounts payable after more than one year17 | €57,318 | €50,568 | €43,724 | €36,785 | ▼ 15.9% |
| Financial debts170/4 | €57,318 | €50,568 | €43,724 | €36,785 | ▼ 15.9% |
| Amounts payable within one year42/48 | €238,689 | €211,359 | €197,358 | €192,141 | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | €6,658 | €6,750 | €6,844 | €6,939 | ▲ 1.4% |
| Trade debts44 | €413 | €3,237 | €5,314 | €2,062 | ▼ 61.2% |
| Suppliers440/4 | €413 | €3,237 | €5,314 | €2,062 | ▼ 61.2% |
| Taxes, remuneration and social security45 | €1,171 | €1,171 | - | - | - |
| Taxes450/3 | €1,171 | €1,171 | - | - | - |
| Other amounts payable47/48 | €230,446 | €200,201 | €185,201 | €183,141 | ▼ 1.1% |
| Accrued charges and deferred income492/3 | €7,478 | €7,144 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€161,731 | -€2,386 | -€38,436 | -€38,366 | ▲ 0.2% |
| + Depreciation and write-downs630 | €11,576 | €551 | €551 | €4,645 | ▲ 744% |
| Operating cash flow (approximation) | -€150,155 | -€1,836 | -€37,886 | -€33,720 | ▲ 11.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€45,826 | - |
| Change in cash | - | -€23,301 | €26,143 | -€35,941 | ▼ 237% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
28-05
State Gazette act
Registered office · Other addressesRegistered-office move3 facts ▸
- Board meeting, enige bestuurder
- Registered-office move, Brussels Hoofdstedelijk Gewest, 1180 Ukkel, Prins van Oranjelaan 144
- Board meeting, opdracht te geven aan de ondergetekende notaris om de coördinatie van de statuten op te maken en te ondertekenen, in overeenstemming met het vorige besluit, en…
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0056/02M074 | Brussels | 2,355 m² | 1 · 254 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Articles of association
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
98%
According to the 2025 annual accounts of COVERCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Company details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 1 October 2026 · Peppol Directory
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