COVIMUS
ActiveSummary
COVIMUS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €137k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 70% of 445 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency83▲+83
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 0.2 in 2024; short-term debt: 41.6% and cash: 76.6% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.4%
Return on assets
69.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
23 d late
2024
12 d late
2022
6 d early
2020
16 d late
2019
45 d late
2018
19 d early
2017
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€115k
2024 · €-22k
2018: €-33k
2019: €-29k
2020: €-18k
2022: €-13k
2024: €-22k
2018 → 2025
Total assets
€197k▲ 2,065%
2024 · €9k
2018: €18k
2019: €27k
2020: €10k
2022: €21k
2024: €9k
2018 → 2025
Net result
€137k
2024 · €-22k
2018: €5k
2019: €5k
2020: €11k
2022: €949
2024: €-22k
2018 → 2025
Working capital
€108k
2024 · €-25k
2018: €-33k
2019: €-29k
2020: €-18k
2022: €-22k
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220242025Trend
Equity€-29k-€-18k▲ 38.7%€-13k▲ 23.6%€-22k▼ 65.6%€115k
Operating result€5k-€11k▲ 141%€991▼ 91.1%€-22k€180k
Net result€5k-€11k▲ 142%€949▼ 91.5%€-22k€137k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €180k after a loss of €22k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €197k
Fixed assets
€6k ▲ 133%
Current assets
€190k ▲ 2,898%
Equity and liabilities €197k
Equity
€115k
Debt
€82k
Debt finances 41.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€182k▲
2024 · €-19k
Cash flow
€140k▲
2024 · €-19k
Current ratio
2.32▲
2024 · 0.20
Debt to equity
0.71▲
2024 · -1.41
ROE
119.3%
ROA
69.7%▲
2024 · -240.3%
Interest coverage
2159.77▲
2024 · -522.49
Debt ≤ 1 year
€82k▲
2024 · €31k
Income taxes
€43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9k€197k▲
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€3k€6k▲
Furniture and vehicles24-€6k
Other tangible fixed assets26€3k€352▼
Current assets29/58€6k€190k▲
Amounts receivable within one year40/41€5k€40k▲
Trade receivables40€100€36k▲
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€1k€151k▲
Equity and liabilities
Total equity and liabilities10/49€9k€197k▲
Equity10/15€-22k€115k▲
Contributions10/11€19k€19k=
Reserves13-€100k
Distributable reserves133-€100k
Profit (loss) carried forward14€-41k€-4k▲
Amounts payable17/49€31k€82k▲
Amounts payable within one year42/48€31k€82k▲
Trade debts44€589€3k▲
Suppliers440/4€589€3k▲
Taxes, remuneration and social security45-€43k
Taxes450/3-€43k
Other amounts payable47/48€31k€36k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€407€705▲
Gross operating margin9900€-19k€183k▲
Operating profit (loss)9901€-22k€180k▲
Financial charges65/66B€37€84▲
Recurring financial charges65€37€84▲
Profit (loss) for the period before taxes9903€-22k€180k▲
Income taxes67/77-€43k
Profit (loss) for the period9904€-22k€137k▲
Profit (loss) for the period to be appropriated9905€-22k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€96k▲
Profit (loss) brought forward from the previous period14P€-19k€-41k▼
Transfer to equity691/2-€100k
To other reserves6921-€100k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Back to profitnet €137k
Net result €137k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 2.32
Current ratio from 0.20 to 2.32.
31-12
Financial
Equity above €100kEq €115k
Equity rises from €-22k to €115k.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-22k ▼2402%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wavre · 1 establishment unit since 2005
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.
Clos du Paradis 121300 WavreGround area
3,116 m²
Building footprint
274 m²
Volume, LiDAR
1,602 m³
Parcel 25055D0526/00H002, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RECOGINK SOLUTIONS
since 20052.149.510.003
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055D0526/00H002 | Wallonia | 3,116 m² | 1 · 274 m² | 8.6 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.
Similar companies · same sector, comparable size
AMANDINE EVASION
BE 0662.863.554
Visé · Eq €116k
BAGUET VELO EVENTS
BE 0837.017.057
Sint-Lievens-Houtem · Eq €112k
TELLUS
BE 0448.004.891
Koekelberg · Eq €118k
GUL REIZEN
BE 0866.531.286
Heusden-Zolder · Eq €120k
ALLRIDE ADVENTURES
BE 1011.684.066
Herzele · Eq €104k
Of 529 companies in sector 79120 we hold annual accounts for 203. 156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
79120Travel agency, tour operator and other reservation service and related activities
26200Manufacture of computer, electronic and optical products
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.