Turnover
≈ €140,000 estimated
The micro format states no turnover.
COVIAL
Lifetime
1 annual account with figurespeak €69,520 (2025)
€69,520
peak €46,442 (2025)
€46,442
peak €48,942 (2025)
€48,942
€54,869
Board1 name since 2025
1 directorNathalie Souchon
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
Incorporation 28-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
96
Excellent
Financially stronger than 70% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.4%
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 2.26, cash €56,009
Size: total assets €103,811
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 43% of them on solvency, 82% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as COVIAL has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of COVIAL itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for COVIAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.26, above the usual 1.5. Short-term debt is 26.7% and cash 54% of total assets. However, 52.9% of the assets are financed with debt and provisions.
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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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022655558
Incorporation
Founding capital of €2,500, 100 shares · Founder: SOUCHON, Nathalie Charlotte Michèle · Appointment: SOUCHON, Nathalie Charlotte Michèle (director) · published on 28-04-2025 · Gazette deed
First establishment
Elisabethlaan 26, Tervuren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COVIAL Tervuren | €103,811 | €69,520 | 47.1% | - |
| Trixinova Landen | €92,586 | €76,272 | 64.9% | - |
| Fivay Antwerp | €99,599 | €75,215 | 58.5% | - |
| AVA Management Putte | €114,293 | €65,380 | 41.6% | - |
| ClearNorth Consulting Nijlen | €109,935 | €69,055 | 47.5% | - |
| SEBALEXIS Hooglede | €95,275 | €77,469 | 65.4% | - |
| TEUMACO Hasselt | €87,473 | €66,023 | 63.0% | - |
These companies have the same main activity as COVIAL: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €87,500 and €114,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 24-04-2025Normal situation
- Activity
- Activities of head officesNACE 70100and 1 other
- Establishment unit
- 2.373.109.8493080 Tervuren, since 24-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Annual accounts 2025
- €103,811
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on COVIAL
COVIAL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,942 and a net result of €46,442.
Its solvency ranks better than 43% of 39,342 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COVIAL
- What is the company number of COVIAL?
- The company number of COVIAL is 1022.655.558. The VAT number is the same number with BE in front: BE 1022.655.558.
- Where is COVIAL based?
- The registered office is at Elisabethlaan 26, 3080 Tervuren.Company details
- What does COVIAL do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of COVIAL?
- COVIAL is a private limited company (BV).
- When was COVIAL founded?
- COVIAL was founded on 24-04-2025.
- Is COVIAL still active?
- Yes, COVIAL is an active enterprise in the KBO register.
- What is the turnover of COVIAL?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €69,520 and 126 comparable companies (NACE 70). It probably lies between €110,000 and €180,000.Financials
- Is COVIAL profitable?
- In financial year 2025, COVIAL made a profit of €46,442.
- Where can I find the annual accounts of COVIAL?
- COVIAL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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