Exincovers Belgium

Active

Private limited companyfounded 2024active for 2 yearsPeepolderlaan 6A, 2910 Essen, BelgiumKBO/BCE: BE 1007.436.258

Summary

The computed 12-month bankruptcy probability of Exincovers Belgium is 3.3% (moderate). The 2025 annual accounts show equity of €38,735 and a net result of €47,437. Its solvency ranks better than 17% of 9,844 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Exincovers BelgiumActiveChecked score 50/100

Risk analysis Report Compare

Activity

Insulation installation

NACE 43230Manufacture of textiles NACE 13960

1 site

Size

≈ €1.0mturnover 2025, estimated

Staff: 4.6 FTE
Equity: €38,735
Profit: €47,437

Turnover estimated from the gross margin

Financial health

50 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.3%

Structure

The Van Meer Holding B.V.Director

2025 accounts 31 days early

Why 50raises riskFounded in 2024Size: 4.6 FTE, total assets €248,564Equity €38,735 (15.6% of total assets)Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 53% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 41+24

equity 15.6% of total assets

Liquidity 28-4

short-term debt 60.3% · cash 7.6%

Profitability 93+87

return on assets 19.1%

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)

Last 24 months 04-2025: 1.9%lowest value 05-2025: 1.9%● unchanged vs 04-2025lowest value 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.3%▲ +0.3 percentage points vs 06-2025 08-2025: 2.0%▼ -0.3 percentage points vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.2%▲ +0.2 percentage points vs 10-2025 12-2025: 2.3%▲ +0.1 percentage points vs 11-2025 01-2026: 2.2%▼ -0.1 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.5%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%▼ -0.1 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.2 percentage points vs 07-2026 09-2026: 3.0%▲ +0.4 percentage points vs 08-2026 10-2026: 3.3%▲ +0.3 percentage points vs 09-2026highest value

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.05, compared with 0.59 in 2024, below the usual 1.5; short-term debt: 60.3% and cash: 7.6% of total assets), and 84.4% 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 43, micro): better than 18% on solvency, 17% on liquidity, 79% on profitability and 99% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Six signals.

raises riskneutral

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: 4.6 FTE, total assets €248,564

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €38,735 (15.6% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9844 sector peers (2025).

NBB · sector comparison

Position among 9844 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

31 days early

2024

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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.

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

30-06-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Back to profitnet €47,437
30-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Back in profit in 2025after -€11,202 in 2024 €47,437 View
Caution: Among the weakest 17% on solvencysector median 44.0% · 9,844 companies 15.6% View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Total assets: €248,564
Profit: €47,437
Solvency: 15.6%

Total assets▲ 131%

Net result

20242025

Go to Financials

Board & ownership

Board: 1 member

The Van Meer Holding B.V.Director

Go to Board & ownership

Timeline

Events: 4
Since: 2024
Next accounts: by 31-07-2027

26-03-2024Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Insulation installationNACE 43230
Founded: 22-03-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 14

Annual meeting: Last Friday of June at 10:00
Purpose: “Algemene isolatiewerkzaamheden; Overige technische testen en toetsen; Vervaardiging van…” (deed in Dutch)

Go to Articles of association

Key facts about Exincovers Belgium

What is the company number of Exincovers Belgium?: 1007.436.258. In Belgium the VAT number is the company number with BE in front: BE 1007.436.258.
Where is Exincovers Belgium based?: The registered office is at Peepolderlaan 6A, 2910 Essen.Company details
What does Exincovers Belgium do?: According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of Exincovers Belgium?: Private limited company (BV).
When was Exincovers Belgium founded?: On 22-03-2024.
Is Exincovers Belgium still active?: Yes, Exincovers Belgium is an active enterprise in the KBO register.
How many employees does Exincovers Belgium have?: On average 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Exincovers Belgium?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Exincovers Belgium profitable?: In financial year 2025, Exincovers Belgium made a profit of €47,437.
Where can I find the annual accounts of Exincovers Belgium?: Exincovers Belgium filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Exincovers Belgium due?: By 31-07-2027, for financial year 2026.Timeline

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Overview