Checked.be · Company dossierhttps://checked.be/en/c/covers-values-0464311383 · as of 27-10-2026
COVERS VALUES
Active
Private limited company · founded 1998 · active for 28 yearsMeerstraat 258, 1840 Londerzeel, BelgiumKBO/BCE: BE 0464.311.383
Summary
The computed 12-month bankruptcy probability of COVERS VALUES is 9.8% (elevated). For COVERS VALUES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€14,459) and a net result of -€51,268. Equity is shrinking by about 27% per year across the filed financial years. Its solvency ranks better than 5% of 13,763 sector peers (NACE 69, financial year 2023). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
2024 accounts not filed, 453 days past the deadline1 of 2 deeds summarised
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 543 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 25-01-2026)Ex-officio strike-off in the KBOTwo or more financial years not filed2023 accounts filed 543 days lateAdministrative warnings in the KBO publicationslowers riskSector: Legal and accounting activities (NACE 69)Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency15-29
equity -10.0% of total assets
Liquidity57-10
short-term debt 59.1% · cash 30.1%
Profitability0-5
return on assets -35.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
9.8%Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (20,063 companies, NACE 69, micro)
Last 24 months11-2024: 3.5%lowest value12-2024: 3.5%● unchanged vs 11-2024lowest value01-2025: 3.5%● unchanged vs 12-2024lowest value02-2025: 3.5%● unchanged vs 01-2025lowest value03-2025: 3.5%● unchanged vs 02-2025lowest value04-2025: 3.5%● unchanged vs 03-2025lowest value05-2025: 3.5%● unchanged vs 04-2025lowest value06-2025: 3.5%● unchanged vs 05-2025lowest value07-2025: 3.5%● unchanged vs 06-2025lowest value08-2025: 3.5%● unchanged vs 07-2025lowest value09-2025: 3.5%● unchanged vs 08-2025lowest value10-2025: 6.4%▲ +2.9 percentage points vs 09-202511-2025: 6.4%● unchanged vs 10-202512-2025: 6.4%● unchanged vs 11-202501-2026: 6.4%● unchanged vs 12-202502-2026: 7.2%▲ +0.8 percentage points vs 01-202603-2026: 7.5%▲ +0.3 percentage points vs 02-202604-2026: 6.9%▼ -0.6 percentage points vs 03-202605-2026: 6.9%● unchanged vs 04-202606-2026: 6.9%● unchanged vs 05-202607-2026: 6.9%● unchanged vs 06-202608-2026: 9.8%▲ +2.9 percentage points vs 07-2026highest value09-2026: 9.8%● unchanged vs 08-2026highest value10-2026: 9.8%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 543 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-01-2026, 543 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 684 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.