Equity
€1.5m =
Covico-Holding paid out €833 in dividends. That is 179% of the 2025 profit.
Covico-Holding
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €21,478 (2025)
€21,478▲ €23,963
Resultlowest -€4,710 (2011)
€465▲ €1,260
Equitypeak €1.5m (2020)
€1.5munchanged
Debts
€406,244▲ 10.4%
Staffpeak 0.3 FTE (2020)
-not published
Board1 name since 2010
-
Documentsfilings and deeds
13-05-202679 days before the deadline
2025abbreviated format
Gross margin from -€2,485 to €21,478Back to profit: €465Dividend €833Cash from €90,013 to €4,498
Key points
from the 2025 annual accountsTurnover
≈ €100,000 estimated
The accounts state no turnover.
Liquidity
15.00 was 78.39 in 2024
Short-term debts rose from €10,730 to €58,584.
Filings
15 annual accounts since 2011
Four of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.
Group
4 companies controlled
Heads a group.
Position in the sector
€465
Lower net result than 80% of companies in financial services. Sector median €51,506 · 6,696 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 days early
2024
on the day
2023
30 days late
2022
31 days late
2021
28 days late
2020
31 days late
2019
31 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 1 day after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 28 August (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
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known boardShares in 4 companies, including Covico Vastgoed and Eco Asset Invest
Board & ownershipRecent changes
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · De Haan
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Oostende
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832110243
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Oostende
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Covico-Holding Ostend | €1.9m | €21,478 | 78.2% | - |
| MULUMA Schilde | €1.9m | €23,787 | 18.0% | - |
| HEMAKE Schilde | €1.9m | €23,935 | 18.8% | - |
| APOKAT Sint-Lievens-Houtem | €1.8m | €26,805 | 94.5% | - |
| GEASSOCIEERD NOTARIS PETER VERHAEGEN Puurs-Sint-Amands | €2.3m | €25,788 | 64.9% | - |
| YALEC Wevelgem | €1.9m | €27,982 | 99.0% | - |
| EGR INVEST Spiere-Helkijn | €2.6m | €20,173 | 99.9% | - |
These companies have the same main activity as Covico-Holding: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.8m and €2.6m, founded between 2009 and 2012.
Official details
Source: KBO- Status
- Active since 20-12-2010Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.194.529.8798400 Ostend, since 04-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 11-03-2025
Annual accounts 2025
- Total assets
- €1.9m▲ 2.1%
- Filing
- Filed on 13-05-2026, 79 days before the end of the filing period
Companies linked to Covico-Holding
Subsidiaries and holdings
Insights on Covico-Holding
Covico-Holding files the abbreviated format. That format states no turnover. The gross margin rose from -€1,658 in 2011 to €21,478 in 2025.
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 Covico-Holding
- What is the company number of Covico-Holding?
- The company number of Covico-Holding is 0832.110.243. The VAT number is the same number with BE in front: BE 0832.110.243.
- Where is Covico-Holding based?
- The registered office is at Torhoutsesteenweg 222, 8400 Ostend.Company details
- What does Covico-Holding do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Covico-Holding?
- Covico-Holding is a private limited company (BV).
- When was Covico-Holding founded?
- Covico-Holding was founded on 20-12-2010.
- Is Covico-Holding still active?
- Yes, Covico-Holding is an active enterprise in the KBO register.
- How many employees does Covico-Holding have?
- Covico-Holding had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of Covico-Holding?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €21,478 and 54 comparable companies (NACE 64210). It probably lies between €53,000 and €180,000. It is a rough estimate.
- Is Covico-Holding profitable?
- In financial year 2025, Covico-Holding made a profit of €465.
- Where can I find the annual accounts of Covico-Holding?
- Covico-Holding filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Covico-Holding due?
- Covico-Holding must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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