COVERIT
ActiveSummary
The computed 12-month bankruptcy probability of COVERIT is 1.5% (moderate). The 2025 annual accounts show negative equity (€-373) and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 7780 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency24▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.87 in 2024; short-term debt: 100.7% and cash: 60.3% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.7%
Return on assets
34.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7780 sector peers (2025).
NBB · sector comparisonPosition among 7780 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
94 d early
2024
6 d late
2023
7 d early
2022
on the day
2021
633 d late
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€-373
2024 · €4k
Total assets
€57k▼ 25.4%
2024 · €76k
Net result
€20k▲ 1.0%
2024 · €20k
Working capital
€-10k▼ 9.8%
2024 · €-9k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€73k▲ 1,332%€71k▼ 2.4%€89k▲ 24.1%€22k▼ 75.1%€29k▲ 32.9%
Net result€57k▲ 1,475%€57k=€70k▲ 21.9%€20k▼ 71.8%€20k▲ 1.0%
Equity€62k▲ 1,114%€119k▲ 91.8%€4k▼ 96.7%€4k▼ 9.0%€-373
Total assets€111k▲ 935%€205k▲ 85.1%€271k▲ 32.1%€76k▼ 71.9%€57k▼ 25.4%
Debt€49k▲ 771%€86k▲ 76.5%€267k▲ 211%€73k▼ 72.8%€57k▼ 21.3%
Working capital€55k▲ 2,942%€110k▲ 99.4%€-15k€-9k▲ 39.0%€-10k▼ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€10k ▼ 23.9%
Current assets
€47k ▼ 25.7%
Key figures and ratios
EBITDA
€37k▲
2024 · €30k
Cash flow
€27k▼
2024 · €28k
Solvency
-0.7%▼
2024 · 4.7%
Current ratio
0.82▼
2024 · 0.87
ROA
34.9%▲
2024 · 25.8%
Interest coverage
121.54▲
2024 · 26.88
Debt ≤ 1 year
€57k▼
2024 · €73k
Income taxes
€9k▲
2024 · €6k
Equity ratios withheld: equity of €-373 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €21 | - | €194 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €5k | €8k | €7k | ▼ 10.3% |
| Other operating charges640/8 | €404 | €508 | €528 | €516 | €475 | ▼ 8.1% |
| Gross operating margin9900 | €76k | €75k | €94k | €31k | €37k | ▲ 21.0% |
| Operating profit (loss)9901 | €73k | €71k | €89k | €22k | €29k | ▲ 32.9% |
| Financial income75/76B | - | €1k | €1 | €5k | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €1k | €1 | €5k | €0 | ▼ 100.0% |
| Financial charges65/66B | €168 | €181 | €212 | €1k | €301 | ▼ 73.1% |
| Recurring financial charges65 | €168 | €181 | €212 | €1k | €301 | ▼ 73.1% |
| Profit (loss) for the period before taxes9903 | €73k | €72k | €89k | €26k | €29k | ▲ 12.3% |
| Income taxes67/77 | €16k | €15k | €19k | €6k | €9k | ▲ 48.2% |
| Profit (loss) for the period9904 | €57k | €57k | €70k | €20k | €20k | ▲ 1.0% |
| Profit (loss) for the period to be appropriated9905 | €57k | €57k | €70k | €20k | €20k | ▲ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €205k | €271k | €76k | €57k | ▼ 25.4% |
| Fixed assets21/28 | €7k | €9k | €19k | €13k | €10k | ▼ 23.9% |
| Tangible fixed assets22/27 | €7k | €9k | €19k | €13k | €10k | ▼ 23.9% |
| Plant, machinery and equipment23 | €222 | - | €893 | €472 | €51 | ▼ 89.2% |
| Furniture and vehicles24 | €6k | €9k | €14k | €9k | €7k | ▼ 29.4% |
| Other tangible fixed assets26 | €732 | €487 | €4k | €3k | €3k | ▲ 4.3% |
| Current assets29/58 | €104k | €196k | €252k | €63k | €47k | ▼ 25.7% |
| Amounts receivable within one year40/41 | €68k | €70k | €145k | €11k | €10k | ▼ 10.5% |
| Trade receivables40 | €57k | €69k | €134k | - | €5k | - |
| Other amounts receivable41 | €10k | €534 | €11k | €11k | €5k | ▼ 55.2% |
| Cash at bank and in hand54/58 | €36k | €126k | €106k | €51k | €34k | ▼ 33.1% |
| Deferred charges and accrued income490/1 | €429 | €429 | €468 | €977 | €3k | ▲ 183% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €205k | €271k | €76k | €57k | ▼ 25.4% |
| Equity10/15 | €62k | €119k | €4k | €4k | €-373 | ▼ 110% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €61k | €118k | €2k | €2k | €-2k | ▼ 191% |
| Amounts payable17/49 | €49k | €86k | €267k | €73k | €57k | ▼ 21.3% |
| Amounts payable within one year42/48 | €49k | €86k | €267k | €73k | €57k | ▼ 21.3% |
| Trade debts44 | €28k | €58k | €70k | €20k | €9k | ▼ 55.5% |
| Suppliers440/4 | €28k | €58k | €70k | €20k | €9k | ▼ 55.5% |
| Taxes, remuneration and social security45 | €16k | €22k | €33k | €10k | €16k | ▲ 56.7% |
| Taxes450/3 | €16k | €22k | €33k | €10k | €16k | ▲ 56.7% |
| Other amounts payable47/48 | €4k | €6k | €164k | €43k | €32k | ▼ 24.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57k | €57k | €70k | €20k | €20k | ▲ 1.0% |
| + Depreciation and write-downs630 | €2k | €3k | €5k | €8k | €7k | ▼ 10.3% |
| Operating cash flow (approximation) | €59k | €60k | €75k | €28k | €27k | ▼ 2.3% |
| Investment in fixed assets (approximation) | - | €-6k | €-15k | €-2k | €-4k | ▼ 133% |
| Change in cash | - | €90k | €-20k | €-55k | €-17k | ▲ 69.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 633 days late
2023
31-12
Financial
Highest result since 2020net €70k ▲21.9%
Operating result €89k, net result €70k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €119k ▲91.8%
3 profitable years in a row build equity to €119k.
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2019
Ground area
4,064 m²
Building footprint
1,969 m²
Volume, LiDAR
13,318 m³
Parcel 21384D0045/00T000, Brussels · tallest building 31.1 m, ±2 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
COVERIT
since 20192.294.122.155
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0045/00T000 | Brussels | 4,064 m² | 1 · 1,969 m² | 31.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
64884H4WV9SDMO654939
Similar companies · same sector, comparable size
VEGAKI
BE 1026.337.501
Damme · Eq €3,578
QUEUE DE PELLE
BE 1021.515.611
Chaumont-Gistoux · Eq €3,550
HL Service
BE 1018.755.663
Drogenbos · Eq €3,540
TECURA
BE 0847.729.718
Arendonk · Eq €3,592
MACASART
BE 0711.895.668
Liège · Eq €3,595
Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 2,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.