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COVOX-TCI

Active
Public limited companyfounded 1988active for 37 yearsLiessel 13, 2440 Geel, BelgiumKBO/BCE: BE 0436.402.406

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

COVOX-TCI has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €273,334. Equity has been growing by about 8.9% per year since 2018. Its solvency ranks better than 41% of 145 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
COVOX-TCIActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 30-12-1988 Normal situation
Activity
Manufacture of basic metals NACE 24450and 1 other
Establishment unit
2.041.865.143 2440 Geel, since 25-01-1989
Financial year end
31 December
Peppol
Reachable since 18-09-2025
Company details

Board and ownership

Board
  • VVL MANAGEMENT BVManaging director
  • Vanlommel IlseDirector · since 23-12-2020
Auditor
Moore Audit
Shareholders
Board & ownership

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€3.3m
Turnover
≈ €5.6m
estimated
Profit
€273,334
▲ 25.5%
Equity
€2.5m
▲ 11.5%
Total assets
€6.7m
▲ 0.8%
Staff
28.7 FTE
▼ 2.7%
Filed on 03-07-2026, 28 days before the deadlineat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.58, cash €294,092Sector: Manufacture of basic metals (NACE 24)lowers riskFounded in 1988Figures for financial year 2025 (filed on 03-07-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of small companies in basic metals (NACE 24)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 62+4
equity 37.1% of total assets
Liquidity 34-3
short-term debt 44.6% · cash 4.4%
Profitability 74-8
return on assets 4.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (74 companies, NACE 24, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.53 in 2024), above the usual 1.5. Short-term debt is 44.6% and cash 4.4% of total assets. However, 62.9% 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 24, small). It does better than 42% of them on solvency, 21% on liquidity, 61% on profitability and 67% on growth.

The bankruptcy probability was computed on 31-10-2026 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
raises risk · Liquidity: current ratio 1.58, cash €294,092
NBB · annual accounts
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 03-07-2026)
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
24 days early
2023
21 days early
2022
33 days early
2021
37 days early
2020
38 days early
2019
32 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 30 days before the deadline. In the sector (NACE 24), the median for financial year 2024 was 15 days before the deadline, and 29% 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 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 95% of companies in basic metalssector median €714,620 · 55 companies €3.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €273,334 8 years View
  • Positive: Result rose in 2025from €217,853 to €273,334 ▲ 25.5% View

Companies linked to COVOX-TCI

Comparable companies

These companies have the same main activity as COVOX-TCI: manufacture of basic metals (NACE 24450). They are comparable in size and age: total assets between €1.3m and €25m, founded between 1988 and 2021.

CompanyTotal assetsGross margin
COVOX-TCI Geel€6.7m€3.3m
TILDONK CONSTRUCT COMPANY EUROPE Sambreville€4.2m€2.2m
FACOPRO Charleroi€5.7m€3.0m
MATERNI Aalst€2.4m€0.8m
E-MAX Profiles Gullegem Wevelgem€20.5m-
FACOZINC - FACOMETAL Charleroi€25.4m-
T-ZINC Gembloux€1.3m€0.7m
Full comparison

Documents

Annual accounts at the NBB

All 38 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about COVOX-TCI
What is the company number of COVOX-TCI?
The company number of COVOX-TCI is 0436.402.406. The VAT number is the same number with BE in front: BE 0436.402.406.
Where is COVOX-TCI based?
The registered office is at Liessel 13, 2440 Geel.Company details
What does COVOX-TCI do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24450).
What is the legal form of COVOX-TCI?
The legal form of COVOX-TCI is Public limited company (NV).
When was COVOX-TCI founded?
COVOX-TCI was founded on 30-12-1988.
Is COVOX-TCI still active?
Yes, COVOX-TCI is an active enterprise in the KBO register.
How many employees does COVOX-TCI have?
COVOX-TCI had an average of 28.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COVOX-TCI?
The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €3.3m and 1,586 comparable companies of the same size. It probably lies between €3.8m and €9.3m. It is a rough estimate. In financial year 2024 turnover was €4.8m.
Is COVOX-TCI profitable?
In financial year 2025, COVOX-TCI made a profit of €273,334.
Where can I find the annual accounts of COVOX-TCI?
COVOX-TCI filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of COVOX-TCI due?
COVOX-TCI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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