Covestro
ActiveSummary
Covestro has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361.9m and a net result of €32.0m. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 60% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Covestro
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole directordeed of 23-09-2022
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in Dutch)deed of 05-02-2025
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deeddeed of 23-06-2023
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of April at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Alle machten in artikel 2:87 WVV zonder bijzondere machtiging, algemene vergadering kan te allen tijde beperken bij gewone meerderheid” (deed in Dutch)