COVIMMO

Active

Private limited companyfounded 20215 yrs activeBazelstraat 299A, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0763.908.355

COVIMMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €588k and a net result of €56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

36 / 100

Weak▼ -15 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability48▼-32

Solvency13▼-2

Growth78=

Stability94

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €21k at 30 days only on tighter terms

Liquidity short (current ratio 0.06 against 0.03 in 2024), and 80.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19.8%

Return on assets

1.9%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

59 d early

2024

55 d early

2023

48 d early

2022

36 d early

2021

28 d early

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€588k▲ 10.6%

2024 · €532k

2021: €13k 2022: €-3k 2023: €-34k 2024: €532k

2021 → 2025

Total assets

€2.98M▲ 15.5%

2024 · €2.58M

2021: €13k 2022: €655k 2023: €672k 2024: €2.58M

2021 → 2025

Net result

€56k▼ 34.0%

2024 · €86k

2021: €-2k 2022: €-16k 2023: €-31k 2024: €86k

2021 → 2025

Working capital

€-618k▼ 34.6%

2024 · €-459k

2021: €13k 2022: €-47k 2023: €-222k 2024: €-459k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€13k-€-3k€-34k▼ 1,008%€532k€588k▲ 10.6%

Operating result€-2k-€-7k▼ 233%€-9k▼ 27.3%€142k€126k▼ 11.0%

Net result€-2k-€-16k▼ 653%€-31k▼ 94.2%€86k€56k▼ 34.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 11% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.98M

98.7%

Fixed assets €2.94M▲ 14.6%

Current assets €38k▲ 171%

Equity and liabilities €2.98M

19.8%

80.2%

Equity €588k▲ 10.6%

Debt €2.39M▲ 16.7%

The debt ratio rises from 79.4% to 80.2%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€228k▼

2024 · €234k

Cash flow

€159k▼

2024 · €178k

Solvency

19.8%▼

2024 · 20.6%

Current ratio

0.06▲

2024 · 0.03

Quick ratio

0.06▲

2024 · 0.03

Debt / equity

4.06▲

2024 · 3.85

ROE

9.6%▼

2024 · 16.1%

ROA

1.9%▼

2024 · 3.3%

Interest coverage

4.49▼

2024 · 5.34

Debt

€2.39M▲

2024 · €2.05M

Debt ≤ 1 year

€656k▲

2024 · €473k

Debt > 1 year

€1.73M▲

2024 · €1.57M

Income taxes

€19k▲

2024 · €12k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€2.58M€2.98M▲

Fixed assets21/28€2.56M€2.94M▲

Tangible fixed assets22/27€2.56M€2.94M▲

Land and buildings22€2.56M€2.94M▲

Current assets29/58€14k€38k▲

Amounts receivable within one year40/41€1k€6k▲

Trade receivables40€924-

Other amounts receivable41€529€6k▲

Current investments50/53€13k-

Cash at bank and in hand54/58-€32k

Equity and liabilities

Total equity and liabilities10/49€2.58M€2.98M▲

Equity10/15€532k€588k▲

Contributions10/11€46k€46k=

Reserves13€449k€449k=

Distributable reserves133€449k€449k=

Profit (loss) carried forward14€36k€93k▲

Amounts payable17/49€2.05M€2.39M▲

Amounts payable after more than one year17€1.57M€1.73M▲

Financial debts170/4€1.57M€1.73M▲

Amounts payable within one year42/48€473k€656k▲

Current portion of amounts payable after more than one year42€158k€190k▲

Trade debts44-€2k

Suppliers440/4-€2k

Taxes, remuneration and social security45€45k€13k▼

Taxes450/3€45k€13k▼

Other amounts payable47/48€270k€450k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€102k▲

Other operating charges640/8€3k€3k▼

Gross operating margin9900€237k€231k▼

Operating profit (loss)9901€142k€126k▼

Financial charges65/66B€44k€51k▲

Recurring financial charges65€44k€51k▲

Profit (loss) for the period before taxes9903€98k€75k▼

Income taxes67/77€12k€19k▲

Profit (loss) for the period9904€86k€56k▼

Profit (loss) for the period to be appropriated9905€86k€56k▼

Appropriation of the result

Profit (loss) to be appropriated9906€36k€93k▲

Profit (loss) brought forward from the previous period14P€-49k€36k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

06-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €86k

Net result €86k after 3 loss-making years.

31-12

Financial Equity above €500kEq €532k

Equity rises from €-34k to €532k.

13-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-31k

Net result drops to €-31k, the lowest in the series; recovery starts the following year.

25-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

03-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Bazelstraat 299A9150 Beveren-Kruibeke-Zwijndrecht

Ground area

1,657 m²

Building footprint

189 m²

Volume, LiDAR

1,147 m³

Parcel 46013C0455/00H000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Covimmo

Bazelstraat 299A, 9150 Beveren-Kruibeke-ZwijndrechtRenting and operating of own or leased non-residential real estate, excluding land

since 20212.313.519.680

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46013C0455/00H000	Flanders	1,657 m²	1 · 189 m²	6.6 m · 2 fl.

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.

Structure & network

Connections & network

1 connected company

Network connections

Xandress Invest

Shared address

→

Similar companies · same sector, comparable size

Hoogstraten · Eq €589k

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,363 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-02-2021

Fiscal year end31-12

Activities, NACEBEL

68203Renting and operating of own or leased non-residential real estate, excluding land

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.