Covrd construct
ActiveThe computed 12-month bankruptcy probability of Covrd construct is 2.4% (moderate). The 2025 annual accounts show equity of €135k and a net result of €81k. Its solvency ranks better than 63% of 2906 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+51
Growth78
Stability94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.31 in 2024), and 45.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
6 signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
54.6%
Return on assets
32.7%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close04-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€135k▲ 149%
2024 · €54k
2024: €54k
2024 → 2025
Total assets
€247k▲ 15.4%
2024 · €214k
2024: €214k
2024 → 2025
Net result
€81k▲ 82.8%
2024 · €44k
2024: €44k
2024 → 2025
Working capital
€107k▲ 119%
2024 · €49k
2024: €49k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€54k-€135k▲ 149%
Operating result€64k-€109k▲ 70.7%
Net result€44k-€81k▲ 82.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€28k▲ 431%
Current assets
€219k▲ 5.0%
Equity and liabilities €247k
Equity
€135k▲ 149%
Debt
€112k▼ 29.9%
The debt ratio falls from 74.7% to 45.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€111k▲
2024 · €64k
Cash flow
€82k▲
2024 · €45k
Solvency
54.6%▲
2024 · 25.3%
Current ratio
1.96▲
2024 · 1.31
Quick ratio
1.96▲
2024 · 1.31
Debt / equity
0.83▼
2024 · 2.95
ROE
59.9%▼
2024 · 81.5%
ROA
32.7%▲
2024 · 20.6%
Interest coverage
20.18▲
2024 · 14.13
Debt
€112k▼
2024 · €160k
Debt ≤ 1 year
€112k▼
2024 · €160k
Income taxes
€23k▲
2024 · €15k
Staff costs
€130k▲
2024 · €119k
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
Balance sheet
Code2025
Total assets
20/58€247k
Fixed assets
21/28€28k
Tangible fixed assets
22/27€27k
Financial fixed assets
28€1k
Current assets
29/58€219k
Amounts receivable within one year
40/41€122k
Cash & bank
54/58€27k
Total equity & liabilities
10/49€247k
Equity
10/15€135k
Contributions / capital
10/11€10k
Accumulated profits (losses)
14€125k
Amounts payable
17/49€112k
Amounts payable within one year
42/48€112k
Trade debts payable within one year
44€66k
Income statement
Code2025
Gross operating margin
9900€242k
Operating result
9901€109k
Financial income
75€292
Financial charges
65€5k
Result before taxes
9903€104k
Income taxes
67/77€23k
Net result for the period
9904€81k
Result to be appropriated
9905€81k
This is the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-10
State Gazette act
Registered-office change
v3.2
30-06
Financial
Equity above €100kEq €135k ▲149%
2 profitable years in a row build equity to €135k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-08
State Gazette act
Incorporation
oprichting
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 2 acts read
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
L. ET M. BOIS T'O
BE 0430.124.625
Tournai · Eq €135k
Geldof Timmer-& Schrijnwerk
BE 0827.574.108
Vleteren · Eq €135k
F & A CONSTRUCT AMOVIBLE
BE 0820.401.650
Halle · Eq €135k
TOTAALINRICHTING DELAERE
BE 0461.189.369
Kortrijk · Eq €135k
JP PROTECT SLOTENMAKER EN SCHRIJNWERKERIJ
BE 1004.098.666
Roeselare · Eq €135k
Of 20,033 companies in sector 43320 we hold annual accounts for 8,759. 7,457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2023
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43331Floor and wall tiling
82990Other business support services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.