Checked.be
Active
BE 0805.023.586Private limited company
Covrd construct
Belcrownlaan 14 ·2100 Antwerpen, Belgium· 3 yrs active
Sector: Joinery installation
(43320)
Conclusion
The 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.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €135k |
| Net result | €81k |
| Better than sector | 63% |
| Active | 3 yrs |
Financial profile
94
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
96
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.6% | 43.3% | |
| Net result | €81k | €13k | |
| Equity | €135k | €44k | |
| Gross operating margin | €242k | €39k | |
| Staff costs | €130k | €30k |
€111k
+72.2%
24-25
€81k
+82.8%
24-25
€82k
+85.0%
24-25
€247k
+15.4%
24-25
€135k
+149.1%
24-25
€107k
+118.8%
24-25
€130k
+9.4%
24-25
€23k
+52.3%
24-25
€112k
-29.9%
24-25
€112k
-29.9%
24-25
1.96
+49.7%
24-25
1.96
+49.7%
24-25
54.6%
+115.8%
24-25
0.83
-71.9%
24-25
59.9%
-26.6%
24-25
32.7%
+58.4%
24-25
20.18
+42.8%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €111k |
| Net profit | €81k |
| Cash flow | €82k |
| Staff costs | €130k |
| Income taxes | €23k |
| Dividends | - |
| Total assets | €247k |
| Equity | €135k |
| Debt | €112k |
| of which ≤ 1y | €112k |
| of which > 1y | - |
| Working capital | €107k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.96 |
| Quick ratio | 1.96 |
| Working capital ratio | 43.3% |
| Solvency | 54.6% |
| Debt / equity | 0.83 |
| Long-term debt ratio | - |
| Interest coverage | 20.18 |
| Gross margin | - |
| Net margin | - |
| ROA | 32.7% |
| ROE | 59.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| 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 |
| Balance sheet, Equity & liabilities | ||
| 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 | ||
| 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 |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 23-08-2023 |
| Status | Active |
| Postal code | 2100 |
Establishment units
Covrd construct
since 20232.349.286.154
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0167/00X000 | Flanders | 7,208 m² | 1 · 5,562 m² | - |
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.
Updates
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.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
10-10-2025
v3.2
All acts · 2
updated 10 months ago
2025
10-10-2025 Registered office moved from Brasschaat to Deurne
- Bredabaan 859, 2930 Brasschaat → Belcrownlaan 14, 2100 Deurne
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Deurne",
"region": "Vlaams Gewest",
"street": "Belcrownlaan",
"country": "BE",
"postcode": "2100",
"box_number": "10",
"street_number": "14"
},
"old_address": {
"city": "Brasschaat",
"region": "Vlaams Gewest",
"street": "Bredabaan",
"country": "BE",
"postcode": "2930",
"box_number": null,
"street_number": "859"
},
"effective_date": "2025-09-01",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Bredabaan 859, 2930 Brasschaat naar Belcrown\u0142aan 14, unit 10, 2100 Deurne, en dit vanaf 01/09/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0805.023.586",
"name_full": "COVRD CONSTRUCT",
"legal_form": "BV"
}
}2023
25-08-2023 Incorporation of a new BV
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "2930 Brasschaat, Bredabaan 859",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-07-25",
"name": "AUDENAERT Stefan Eduard Maria Robin",
"niss": null,
"address": "2960 Brecht, Steenboklaan 2"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "AUDENAERT Stefan Eduard Maria Robin",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0805.023.586",
"name_full": "Covrd construct",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-08-23",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
General construction of residential buildings41001Joinery installation43320Floor and wall tiling43331Other business support services82990
Names & trade names
| Legal nameNL | Covrd construct |
Similar companies
L. ET M. BOIS T'O
BE 0430.124.625 · Tournai
Geldof Timmer-& Schrijnwerk
BE 0827.574.108 · Vleteren
F & A CONSTRUCT AMOVIBLE
BE 0820.401.650 · Halle
TOTAALINRICHTING DELAERE
BE 0461.189.369 · Kortrijk
JP PROTECT SLOTENMAKER EN SCHRIJNWERKERIJ
BE 1004.098.666 · Roeselare