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COVOX-TCI

Active
Public limited companyfounded 1988active for 37 yearsLiessel 13, 2440 Geel, BelgiumKBO/BCE: BE 0436.402.406
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 is growing by about 8.9% per year across the filed financial years. 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

Activity
Manufacture of basic metals
NACE 24450Manufacture of fabricated metal products, except machinery and equipment NACE 25220
1 site
Size
≈ €5.6mturnover 2025, estimated
Staff
28.7 FTE
Equity
€2.5m
Profit
€273,334
Turnover estimated from the gross margin
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
COEK ENGINEERING · 100%
Auditor: Moore Audit2025 accounts 28 days early3 of 13 deeds summarised
Why 86raises riskLiquidity: current ratio 1.58, cash €294,092Sector: Manufacture of basic metals (NACE 24)lowers riskFounded in 1988Figures for financial year 2025 (filed 03-07-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 24, small)
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, 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 ample (current ratio 1.58, compared with 1.53 in 2024, above the usual 1.5; short-term debt: 44.6% and cash: 4.4% of total assets), but 62.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 42% on solvency, 21% on liquidity, 61% on profitability and 67% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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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 its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 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

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 24) for financial year 2024 is 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 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €273,334 ▲25.5%
  3. Resignation: Marc Marissen (vaste vertegenwoordiger in…Permanent representative: Katleen Segers ·…

Key points

  • Among the largest 5% on gross marginsector 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
  • Controlled by COEK ENGINEERINGultimately: CEI 100% View
  • Positive: Result rose in 2025from €217,853 to €273,334 ▲ 25.5% View

By topic

Financials

Financial year
2025
Total assets
€6.7m
Profit
€273,334
Solvency
37.1%
Turnover▼ 4.4%
Net result
20182024
Go to Financials

Timeline

Events
45
Since
1989
Next accounts
by 31-07-2027
  1. 07-07-2025Annual accounts filed
  2. 22-08-2024Reappointment: Moore Audit BV (statutory auditor)
  3. 10-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24450
Founded
30-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Second Monday of June at 15:00
Purpose
“Het vervaardigen van alle metaalconstructies, werktuigen en machines, de aan- en verkoop…” (deed in Dutch)
Go to Articles of association

Key facts about COVOX-TCI

What is the company number of COVOX-TCI?
0436.402.406. In Belgium the VAT number is the company 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?
Public limited company (NV).
When was COVOX-TCI 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?
On average 28.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COVOX-TCI?
€4.8m in financial year 2024, according to the filed annual accounts.
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.
When are the next annual accounts of COVOX-TCI due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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