COVETRUS HOLDING
ActiveSummary
COVETRUS HOLDING has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.2m and a net result of €24,686. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 66% of 3,863 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-12-2002 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.123.222.409 3550 Heusden-Zolder, since 21-02-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Board and ownership
Board
- Fierkens Bernardus Stephanus GerardusDirector · since 13-02-2023
- Graham RhodesDirector · since 13-02-2023
Shareholders
- Covetrus Holding BVconsolidatesannual accounts 2025
- Holdings
- Shares in 3 companies including NERUM and COVETRUS
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Turnover
- €5.6m
- ▲ 3.6%
- Profit
- €24,686
- ▼ 8.2%
- Equity
- €8.2m
- ▲ 0.3%
- Total assets
- €11.3m
- ▲ 3.3%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
Score breakdownraises riskLiquidity: current ratio 0.21, cash €14,960, halvedlowers riskEquity €8.2m (72.0% of total assets)Size: turnover €5.6m, 2.8 FTE, total assets €11.3mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
97-2
equity 72.0% of total assets
Liquidity
39-2
short-term debt 27.8% · cash 0.1%
Profitability
76=
return on assets 0.2%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.4%▼ -0.1 percentage points vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%▼ -0.1 percentage points vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2026: 0.2%lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.21 (0.16 in 2024), below 1. Short-term debt is 27.8% and cash 0.1% of total assets. 28% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 68% of them on solvency, 19% on liquidity, 41% on profitability and 49% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
21 days early
2023
14 days early
2022
304 days late
2021
45 days early
2020
26 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Permanent representative: Bernardus Fierkens
- · Gazette deed Permanent representatives: Paul Reintjes and Bernardus Fierkens
Companies linked to COVETRUS HOLDING
Comparable companies
These companies have the same main activity as COVETRUS HOLDING: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €7.7m and €20m, founded between 1991 and 2009.
| Company | Total assets | Turnover |
|---|---|---|
| COVETRUS HOLDING Beringen | €11.3m | €5.6m |
| HAPPINESS EUROPE Vilvoorde | €10.6m | €4.3m |
| ATRI Maldegem | €17.4m | €4.3m |
| VIRTUOLOGY INTERNATIONAL Watermaal-Bosvoorde | €20.2m | €3.8m |
| SOD.DEL Kontich | €10.3m | €2.3m |
| BREVERFIN Kortrijk | €14.5m | €2.6m |
| EnergyICT Machelen (Brab.) | €7.7m | €3.5m |
Key facts about COVETRUS HOLDING
- What is the company number of COVETRUS HOLDING?
- The company number of COVETRUS HOLDING is 0479.158.719. The VAT number is the same number with BE in front: BE 0479.158.719.
- Where is COVETRUS HOLDING based?
- The registered office is at Industrieweg 135, 3583 Beringen.Company details
- What does COVETRUS HOLDING do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of COVETRUS HOLDING?
- The legal form of COVETRUS HOLDING is Public limited company (NV).
- When was COVETRUS HOLDING founded?
- COVETRUS HOLDING was founded on 26-12-2002.
- Is COVETRUS HOLDING still active?
- Yes, COVETRUS HOLDING is an active enterprise in the KBO register.
- How many employees does COVETRUS HOLDING have?
- COVETRUS HOLDING had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COVETRUS HOLDING fall under?
- In its 2025 annual accounts, COVETRUS HOLDING states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of COVETRUS HOLDING?
- The turnover of COVETRUS HOLDING was €5.6m in financial year 2025, according to the filed annual accounts.
- Is COVETRUS HOLDING profitable?
- In financial year 2025, COVETRUS HOLDING made a profit of €24,686.
- Where can I find the annual accounts of COVETRUS HOLDING?
- COVETRUS HOLDING filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COVETRUS HOLDING due?
- COVETRUS HOLDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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