COVETEX

Active

Private limited company (pre-2019)founded 1990active for 35 yearsRue Rogier 5, 5300 Andenne, BelgiumKBO/BCE: BE 0442.065.622

Summary

The computed 12-month bankruptcy probability of COVETEX is 11.4% (high). The 2020 annual accounts show equity of €202,779 and a net result of €5,841. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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COVETEXActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€304,818total assets 2020

Equity: €202,779
Profit: €5,841

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 11.4%

2020 figures too old to score

Structure

Accounts 1870 days overdue

Signalsraises riskFigures for financial year 2020 (filed 05-11-2020)3 financial years not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 lateEx-officio strike-off in the KBOAdministrative warnings in the KBO publicationslowers riskSize: total assets €304,818neutralNo filing for yearsFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2020 are too old to assess current financial health.

Bankruptcy probability: High

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Financial strength, FY 2020 · tick = 2019

Average

Solvency 92+1

equity 66.5% of total assets

Liquidity 0=

cash 0.0%

Profitability 42+3

return on assets 1.9%

Bankruptcy probability, 12 months

11.4% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.4%lowest value 12-2024: 6.4%● unchanged vs 11-2024lowest value 01-2025: 6.4%● unchanged vs 12-2024lowest value 02-2025: 6.4%● unchanged vs 01-2025lowest value 03-2025: 6.4%● unchanged vs 02-2025lowest value 04-2025: 6.4%● unchanged vs 03-2025lowest value 05-2025: 11.5%▲ +5.1 percentage points vs 04-2025highest value 06-2025: 11.5%● unchanged vs 05-2025highest value 07-2025: 11.5%● unchanged vs 06-2025highest value 08-2025: 11.5%● unchanged vs 07-2025highest value 09-2025: 11.5%● unchanged vs 08-2025highest value 10-2025: 11.5%● unchanged vs 09-2025highest value 11-2025: 11.5%● unchanged vs 10-2025highest value 12-2025: 11.5%● unchanged vs 11-2025highest value 01-2026: 11.5%● unchanged vs 12-2025highest value 02-2026: 11.5%● unchanged vs 01-2026highest value 03-2026: 11.5%● unchanged vs 02-2026highest value 04-2026: 11.4%▼ -0.1 percentage points vs 03-2026 05-2026: 11.4%● unchanged vs 04-2026 06-2026: 11.4%● unchanged vs 05-2026 07-2026: 11.4%● unchanged vs 06-2026 08-2026: 11.4%● unchanged vs 07-2026 09-2026: 11.4%● unchanged vs 08-2026 10-2026: 11.4%● unchanged vs 09-2026

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Signals

Seven signals.

lowers riskraises riskneutral

Figures for financial year 2020 (filed 05-11-2020)

NBB · annual accounts

Size: total assets €304,818

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

No filing for years

The last filed financial year closed on 31-01-2020. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-01-2021 year end31-08-2021 deadline14-10-2026 today

Filed after the deadline

The financial year that closed on 31-01-2020 was due by 31-08-2020 and was filed on 30-10-2020, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2026

not filed

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2020 accounts 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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.

KBO publications

Publications

Late accounts filing