Summary
COVRISK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €20,155 and a net result of -€8,192. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 8211 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other financial services
NACE 64999
1 site
How big
€25,407total assets 2025
- Equity
- €20,155
- Loss
- -€8,192
Turnover not published (abridged schema)
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
Accounts 59 d early0 of 4 deeds read
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
57 d early
2023
58 d early
2022
62 d early
2021
62 d early
2020
57 d early
2019
59 d 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 59 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 2 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€16,596
Financials
Fiscal year 2025Total assets €25,407Loss -€8,192Solvency 79.3%Liquidity 0.38
Total assets
€25,407▼ 24.6%
2018 - 2025
Net result
-€8,192▲ 50.6%
2018 - 2025
Equity
€20,155▼ 28.9%
2018 - 2025
Solvency
79.3%▼ 4.8pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,342▼ 52.7%€2,227▼ 87.2%-€4,093-€16,480▼ 303%-€8,024▲ 51.3%
Net result€13,682within the sector's middle half▼ 50.7%€17below the sector's middle half▼ 99.9%-€4,102below the sector's middle half-€16,596below the sector's middle half▼ 305%-€8,192below the sector's middle half▲ 50.6%
Equity€49,028within the sector's middle half▲ 38.7%€49,045within the sector's middle half=€44,943within the sector's middle half▼ 8.4%€28,347below the sector's middle half▼ 36.9%€20,155below the sector's middle half▼ 28.9%
Total assets€58,580below the sector's middle half▲ 54.8%€52,695below the sector's middle half▼ 10.0%€48,832below the sector's middle half▼ 7.3%€33,710below the sector's middle half▼ 31.0%€25,407below the sector's middle half▼ 24.6%
Debt€9,552▲ 281%€3,650▼ 61.8%€3,889▲ 6.5%€5,363▲ 37.9%€5,252▼ 2.1%
Working capital€3,074within the sector's middle half▼ 60.6%€5,812within the sector's middle half▲ 89.1%€6,436within the sector's middle half▲ 10.7%-€2,284within the sector's middle half-€3,250within the sector's middle half▼ 42.3%
Solvency83.7%above the sector's middle half▼ 9.7pp93.1%above the sector's middle half▲ 9.4pp92.0%above the sector's middle half▼ 1.0pp84.1%above the sector's middle half▼ 7.9pp79.3%above the sector's middle half▼ 4.8pp
Current ratio1.32within the sector's middle half▼ 2.792.59within the sector's middle half▲ 1.272.65within the sector's middle half▲ 0.060.57below the sector's middle half▼ 2.080.38below the sector's middle half▼ 0.19
Return on assets (ROA)23.4%above the sector's middle half▼ 49.9pp0.0%below the sector's middle half▼ 23.3pp-8.4%below the sector's middle half▼ 8.4pp-49.2%below the sector's middle half▼ 40.8pp-32.2%below the sector's middle half▲ 17.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,024 in 2025 against €16,480 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,407
Fixed assets
€23,405 ▼ 23.6%
Current assets
€2,002 ▼ 35.0%
Equity and liabilities €25,407
Equity
€20,155 ▼ 28.9%
Debt
€5,252 ▼ 2.1%
Debt's share of the balance-sheet total rises from 15.9% to 20.7%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
ROE
-40.6%▲
2024 · -58.5%
Debt ≤ 1 year
€5,252▼
2024 · €5,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,479 | €6,900 | €7,826 | €7,876 | €7,226 | ▼ 8.3% |
| Other operating charges640/8 | €3,916 | €348 | €535 | - | €400 | - |
| Gross operating margin9900 | €26,737 | €9,475 | €4,268 | -€8,604 | -€398 | ▲ 95.4% |
| Operating profit (loss)9901 | €17,342 | €2,227 | -€4,093 | -€16,480 | -€8,024 | ▲ 51.3% |
| Financial income75/76B | €1 | - | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | €153 | €204 | €174 | €165 | €168 | ▲ 1.8% |
| Recurring financial charges65 | €153 | €204 | €174 | €165 | €168 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €17,190 | €2,023 | -€4,267 | -€16,645 | -€8,192 | ▲ 50.8% |
| Income taxes67/77 | €3,508 | €2,006 | -€165 | -€49 | - | - |
| Profit (loss) for the period9904 | €13,682 | €17 | -€4,102 | -€16,596 | -€8,192 | ▲ 50.6% |
| Profit (loss) for the period to be appropriated9905 | €13,682 | €17 | -€4,102 | -€16,596 | -€8,192 | ▲ 50.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,580 | €52,695 | €48,832 | €33,710 | €25,407 | ▼ 24.6% |
| Fixed assets21/28 | €45,954 | €43,233 | €38,507 | €30,631 | €23,405 | ▼ 23.6% |
| Tangible fixed assets22/27 | €45,954 | €43,233 | €38,507 | €30,631 | €23,405 | ▼ 23.6% |
| Plant, machinery and equipment23 | €44,391 | €42,257 | €35,562 | €29,108 | €22,915 | ▼ 21.3% |
| Leasing and similar rights25 | €1,563 | €976 | €2,945 | €1,523 | €490 | ▼ 67.8% |
| Current assets29/58 | €12,626 | €9,462 | €10,325 | €3,079 | €2,002 | ▼ 35.0% |
| Amounts receivable within one year40/41 | €3,400 | €980 | €2,900 | - | - | - |
| Other amounts receivable41 | €3,400 | €980 | €2,900 | - | - | - |
| Cash at bank and in hand54/58 | €8,556 | €7,546 | €7,425 | €2,589 | €2,002 | ▼ 22.7% |
| Deferred charges and accrued income490/1 | €670 | €936 | - | €490 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,580 | €52,695 | €48,832 | €33,710 | €25,407 | ▼ 24.6% |
| Equity10/15 | €49,028 | €49,045 | €44,943 | €28,347 | €20,155 | ▼ 28.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,418 | €6,418 | €6,418 | = |
| Reserves13 | €20,218 | €20,218 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | €218 | €218 | - | - | - | - |
| Reserves not available under the articles1311 | €218 | €218 | - | - | - | - |
| Distributable reserves133 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €22,610 | €22,627 | €18,525 | €1,929 | -€6,263 | ▼ 425% |
| Amounts payable17/49 | €9,552 | €3,650 | €3,889 | €5,363 | €5,252 | ▼ 2.1% |
| Amounts payable within one year42/48 | €9,552 | €3,650 | €3,889 | €5,363 | €5,252 | ▼ 2.1% |
| Trade debts44 | €5,073 | €1,376 | €143 | €818 | €143 | ▼ 82.5% |
| Suppliers440/4 | €5,073 | €1,376 | €143 | €818 | €143 | ▼ 82.5% |
| Taxes, remuneration and social security45 | €4,376 | €1,289 | €281 | €276 | €349 | ▲ 26.4% |
| Taxes450/3 | €4,376 | €1,289 | €281 | €276 | €349 | ▲ 26.4% |
| Other amounts payable47/48 | €103 | €985 | €3,465 | €4,269 | €4,760 | ▲ 11.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,682 | €17 | -€4,102 | -€16,596 | -€8,192 | ▲ 50.6% |
| + Depreciation and write-downs630 | €5,479 | €6,900 | €7,826 | €7,876 | €7,226 | ▼ 8.3% |
| Operating cash flow (approximation) | €19,161 | €6,917 | €3,724 | -€8,720 | -€966 | ▲ 88.9% |
| Investment in fixed assets (approximation) | - | -€4,179 | -€3,100 | €0 | €0 | - |
| Change in cash | - | -€1,010 | -€121 | -€4,836 | -€587 | ▲ 87.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
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Of 805 companies in this sector we hold annual accounts for 486. 215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 02-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€16,596
Net result drops to -€16,596, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €27,728 ▲621%
Operating result €36,659, net result €27,728, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 19-02-2016Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded19-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64999Other financial services
47120Other non-specialised retail sale
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0648839136
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2016
Ground area
635 m²
Building footprint
255 m²
Volume, LiDAR
2,616 m³
2 parcels, Brussels · tallest building 18.0 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
COVRISK
since 2016unit no. 2.250.331.506
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0025/00R014 | Brussels | 354 m² | 1 · 107 m² | 14.7 m · 3 fl. |
| 21447B0180/00Z002 | Brussels | 281 m² | 1 · 148 m² | 18.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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