Age7 yrs
Real estate2 parcels · 3,208 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of COVERE is 0.7% (low). The 2025 annual accounts show equity of €1.41M and a net result of €1.88M. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 18-08-2026 | 18 d late | 2026-00405016 |
| 31-12-2024 | 31-07-2025 | 28-08-2025 | 28 d late | 2025-00425616 |
| 31-12-2023 | 31-07-2024 | 23-07-2024 | 8 d early | 2024-00275147 |
| 31-12-2022 | 31-07-2023 | 20-07-2023 | 11 d early | 2023-00268818 |
| 31-12-2021 | 31-07-2022 | 24-08-2022 | 24 d late | 2022-20318858 |
| 31-12-2020 | 31-07-2021 | 30-08-2021 | 30 d late | 2021-59600326 |
| 31-12-2019 | 31-07-2020 | 31-08-2020 | 31 d late | 2020-48600106 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.7%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€1.88M
Working capital€1.41M
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 18-08-2026 with the NBB · fiscal year 2025 · verkort
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €1.88M |
| Cash flow | - |
| Staff costs | €30k |
| Income taxes | €457k |
| Dividends | - |
| Total assets | €1.94M |
| Equity | €1.41M |
| Debt | €531k |
| of which ≤ 1y | €531k |
| of which > 1y | - |
| Working capital | €1.41M |
| Employees (FTE) | 0.2 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 3.66 |
| Quick ratio | 3.66 |
| Working capital ratio | 72.7% |
| Solvency | 72.7% |
| Debt / equity | 0.38 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 96.6% |
| ROE | 132.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.94M |
| Fixed assets | 21/28 | €180 |
| Financial fixed assets | 28 | €180 |
| Current assets | 29/58 | €1.94M |
| Amounts receivable within one year | 40/41 | €1.87M |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.94M |
| Equity | 10/15 | €1.41M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €842k |
| Accumulated profits (losses) | 14 | €553k |
| Amounts payable | 17/49 | €531k |
| Amounts payable within one year | 42/48 | €531k |
| Trade debts payable within one year | 44 | €201k |
| Income statement | ||
| Gross operating margin | 9900 | €2.33M |
| Operating result | 9901 | €2.29M |
| Financial income | 75 | €46k |
| Financial charges | 65 | €206 |
| Result before taxes | 9903 | €2.34M |
| Income taxes | 67/77 | €457k |
| Net result for the period | 9904 | €1.88M |
| Result to be appropriated | 9905 | €1.04M |
Ratios computed by Checked.
Health barometer
FY 2025 · computed85
/ 100
Excellent
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationCOVERE
since 20182.281.329.736
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,208 m²
Buildings2
Building footprint215 m²
Volume (LiDAR)658 m³
Tallest building9.2 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25028A0063/00R000 | Wallonia | 1,768 m² | 1 · 96 m² | 9.2 m · 2 fl. |
| 61003B0263/00V000 | Wallonia | 1,439 m² | 1 · 120 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act Address history · 1
06-02-2023
Registered-office move
All acts · 1
updated 3 years ago
2023
06-02-2023 Registered office moved from ORP-JAUCHE to AMAY
- Chemin Vert 5 à 1350 ORP-JAUCHE → 4540 AMAY, Chaussée Roosevelt 21/31
Analysis
Financial profile
4 of 5 axes measured92
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
85
Profitability
100
Solvency
100
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 1034.962.977 · Amay
BE 0824.688.753 · Amay
BE 0442.290.108 · Juprelle
BE 0442.232.502 · Eupen
BE 0424.760.228 · Baelen
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,018 of the 9,650 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
| Legal nameFR | COVERE |
Registered office
Chaussée Roosevelt(AMA) 21 bus 31
4540 Amay, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.