COVET
ActiveSummary
COVET has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €720k and a net result of €246k. Equity is growing by ~64% per year across the filed fiscal years. Its solvency ranks better than 77% of 1272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 3.97 in 2024; short-term debt: 16% and cash: 49.1% of total assets), and 22.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Sector 75
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.3%
Return on assets
26.4%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
15 d late
2023
28 d late
2022
24 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€720k▲ 51.8%
2024 · €474k
2022: €77k
2023: €235k
2024: €474k
2022 → 2025
Total assets
€931k▲ 37.6%
2024 · €676k
2022: €244k
2023: €423k
2024: €676k
2022 → 2025
Net result
€246k▲ 2.6%
2024 · €239k
2022: €75k
2023: €157k
2024: €239k
2022 → 2025
Working capital
€368k▼ 5.2%
2024 · €388k
2022: €42k
2023: €198k
2024: €388k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€77k-€235k▲ 204%€474k▲ 102%€720k▲ 51.8%
Operating result€96k-€211k▲ 119%€315k▲ 49.4%€317k▲ 0.8%
Net result€75k-€157k▲ 111%€239k▲ 52.1%€246k▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €931k
Fixed assets
€414k ▲ 162%
Current assets
€517k ▼ 0.3%
Equity and liabilities €931k
Equity
€720k ▲ 51.8%
Debt
€211k ▲ 4.4%
Debt's share of the balance-sheet total falls from 29.9% to 22.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€333k▲
2024 · €322k
Cash flow
€262k▲
2024 · €247k
Current ratio
3.47▼
2024 · 3.97
Quick ratio
3.34▼
2024 · 3.91
Debt to equity
0.29▼
2024 · 0.43
ROE
34.1%▼
2024 · 50.5%
ROA
26.4%▼
2024 · 35.4%
Interest coverage
55.27▲
2024 · 53.86
Debt ≤ 1 year
€149k▲
2024 · €130k
Debt > 1 year
€62k▼
2024 · €72k
Income taxes
€69k▼
2024 · €72k
Staff costs
€64k=
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€676k€931k▲
Fixed assets21/28€158k€414k▲
Tangible fixed assets22/27€158k€414k▲
Land and buildings22€147k€406k▲
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€912€2k▲
Financial fixed assets28€363€363=
Current assets29/58€518k€517k▼
Stocks and contracts in progress3€9k€20k▲
Stocks30/36€9k€20k▲
Amounts receivable within one year40/41€12k€39k▲
Trade receivables40€11k€38k▲
Other amounts receivable41€929€1k▲
Cash at bank and in hand54/58€497k€457k▼
Deferred charges and accrued income490/1€976€1k▲
Equity and liabilities
Total equity and liabilities10/49€676k€931k▲
Equity10/15€474k€720k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€471k€717k▲
Amounts payable17/49€202k€211k▲
Amounts payable after more than one year17€72k€62k▼
Financial debts170/4€72k€62k▼
Amounts payable within one year42/48€130k€149k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€15k€29k▲
Suppliers440/4€15k€5k▼
Bills of exchange payable441-€24k
Taxes, remuneration and social security45€106k€109k▲
Taxes450/3€97k€105k▲
Remuneration and social security454/9€9k€4k▼
Other amounts payable47/48€983€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€64k€64k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€16k▲
Other operating charges640/8€633€656▲
Gross operating margin9900€387k€398k▲
Operating profit (loss)9901€315k€317k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€312k€315k▲
Income taxes67/77€72k€69k▼
Profit (loss) for the period9904€239k€246k▲
Profit (loss) for the period to be appropriated9905€239k€246k▲
Appropriation of the result
Profit (loss) to be appropriated9906€471k€717k▲
Profit (loss) brought forward from the previous period14P€232k€471k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €246k ▲2.6%
Operating result €317k, net result €246k, both a record.
31-12
Financial
Equity above €500kEq €720k ▲51.8%
4 profitable years in a row build equity to €720k.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Equity above €200kEq €235k ▲204%
2 profitable years in a row build equity to €235k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Quévy · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Trieux(BLA) 1A7040 QuévyGround area
541 m²
Building footprint
13 m²
Volume, LiDAR
19 m³
Parcel 53011A0030/00W000, Wallonia · tallest building 3.9 m. Linked by address, not a title deed.
1 establishment unit
COVET
since 20222.327.291.504
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53011A0030/00W000 | Wallonia | 541 m² | 1 · 13 m² | 3.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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SH Society
BE 0794.767.322
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Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,170 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:leocoquardveterinaire@gmail.com