COVS
The computed 12-month bankruptcy probability of COVS is 3.3% (moderate). The 2024 annual accounts show equity of €8k and a net result of €5k. Equity is growing by ~75.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 6673 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €8k |
| Net result | €5k |
| Staff (FTE) | 3.6 |
| Better than sector | 60% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.2% | 20.4% | |
| Net result | €5k | €4k | |
| Equity | €8k | €16k | |
| Gross operating margin | €91k | €24k | |
| Staff costs | €82k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €9k |
| Net profit | €5k |
| Cash flow | €5k |
| Staff costs | €82k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €26k |
| Equity | €8k |
| Debt | €18k |
| of which ≤ 1y | €18k |
| of which > 1y | - |
| Working capital | €7k |
| Employees (FTE) | 3.6 |
| 2024 | |
|---|---|
| Current ratio | 1.40 |
| Quick ratio | 1.40 |
| Working capital ratio | 28.0% |
| Solvency | 30.2% |
| Debt / equity | 2.31 |
| Long-term debt ratio | - |
| Interest coverage | 10.63 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.0% |
| ROE | 63.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €26k |
| Fixed assets | 21/28 | €576 |
| Tangible fixed assets | 22/27 | €49 |
| Financial fixed assets | 28 | €527 |
| Current assets | 29/58 | €26k |
| Amounts receivable within one year | 40/41 | €22k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k |
| Equity | 10/15 | €8k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €18k |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €91k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €23 |
| Financial charges | 65 | €821 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
-
Current16-02-2026 → present
Former directors (1)
-
Former- → 16-02-2026
| NACE primary | Retail trade(47715) |
| Legal form | Private limited company(610) |
| Incorporation | 30-12-2021 |
| Status | Active |
| Postal code | 4820 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63020B0057/00Z004 | Wallonia | 684 m² | 1 · 66 m² | 10.4 m · 3 fl. |
| 62038A0350/00A002indicative | Wallonia | 346 m² | 1 · 57 m² | 7.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-03-2026 1 director appointed, 1 resigning
- Olivier Strouven, Bestuurder
- Catherine Menestrey, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Catherine Menestrey",
"address": "4837 Baelen, Meuschemen 22",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "revocation",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2026-02-16",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de la r\u00E9vocation de Catherine Menestrey, demeurant \u00E0 4837 Baelen, Meuschemen 22, comme administrateur non statutaire, et ce \u00E0 compter du 16/02/2026.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Olivier Strouven",
"address": "4820 Dison, rue du Bois 96",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": true,
"effective_date": "2026-02-16",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de la nomination de Olivier Strouven, demeurant \u00E0 4820 Dison, rue du Bois 96, comme administrateur non statutaire, et ce \u00E0 compter du 16/02/2026. Ce mandat est valable pour une dur\u00E9e ind\u00E9termin\u00E9e. Le mandat est r\u00E9mun\u00E9r\u00E9.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": "OVISION VERVIER",
"office_city": "Verviers",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-24",
"filing_date": "2026-03-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-02-16",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0779.533.669",
"name_full": "COVS",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vermierdt Caroline",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur d\u00E9l\u00E9gu\u00E9"
},
"co_filed_documents": [
"le proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale du 16/02/2026"
],
"corrected_publication_numac": null
}15-07-2025 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0779.533.669",
"name_full": "CAROLINE SHOES \u0026 CO, EN ABREGE : CAROLINE SHOES \u0026 CO",
"legal_form": "SRL"
}
}03-01-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4820 Dison, Rue du Bois 96",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-10-16",
"name": "VERMIERDT Caroline Victorine Marcelle",
"niss": null,
"address": "4820 Dison, rue du Bois, 96"
},
"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": "VERMIERDT Caroline Victorine Marcelle",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0779.533.669",
"name_full": "CAROLINE SHOES \u0026 CO",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-12-30",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | COVS |
| AbbreviationFR | CAROLINE SHOES & CO |
| Trade nameFR | CAROLINE SHOES & CO |