KOEVERT
ActiveKOEVERT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €568k and a net result of €98k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 3603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-14
Solvency100▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 1.9 in 2024), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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
70.4%
Return on assets
12.1%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d early
2023
33 d early
2022
31 d early
2021
32 d early
2020
32 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€568k▲ 16.0%
2024 · €489k
2018: €142k
2019: €184k
2020: €202k
2021: €249k
2022: €304k
2023: €428k
2024: €489k
2018 → 2025
Total assets
€806k▲ 2.8%
2024 · €784k
2018: €756k
2019: €649k
2020: €639k
2021: €749k
2022: €691k
2023: €727k
2024: €784k
2018 → 2025
Net result
€98k▼ 5.5%
2024 · €103k
2018: €900
2019: €42k
2020: €19k
2021: €135k
2022: €90k
2023: €127k
2024: €103k
2018 → 2025
Working capital
€225k▲ 29.3%
2024 · €174k
2018: €-181k
2019: €-58k
2020: €-24k
2021: €31k
2022: €53k
2023: €105k
2024: €174k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€304k▲ 21.8%€428k▲ 41.2%€489k▲ 14.2%€568k▲ 16.0%
Operating result€187k-€136k▼ 27.7%€191k▲ 40.5%€156k▼ 18.2%€147k▼ 5.6%
Net result€135k-€90k▼ 33.3%€127k▲ 41.1%€103k▼ 18.4%€98k▼ 5.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €806k
Fixed assets
€409k▼ 2.0%
Current assets
€397k▲ 8.3%
Equity and liabilities €806k
Equity
€568k▲ 16.0%
Debt
€238k▼ 19.1%
The debt ratio falls from 37.6% to 29.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€208k▼
2024 · €214k
Cash flow
€159k▼
2024 · €161k
Solvency
70.4%▲
2024 · 62.4%
Current ratio
2.31▲
2024 · 1.90
Quick ratio
2.07▲
2024 · 1.71
Debt / equity
0.42▼
2024 · 0.60
ROE
17.2%▼
2024 · 21.1%
ROA
12.1%▼
2024 · 13.2%
Interest coverage
13.10▼
2024 · 15.95
Debt
€238k▼
2024 · €295k
Debt ≤ 1 year
€172k▼
2024 · €193k
Debt > 1 year
€49k▼
2024 · €84k
Income taxes
€40k▼
2024 · €43k
Staff costs
€400k▼
2024 · €414k
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 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€784k€806k▲
Fixed assets21/28€417k€409k▼
Tangible fixed assets22/27€417k€409k▼
Land and buildings22€351k€329k▼
Plant, machinery and equipment23€22k€32k▲
Furniture and vehicles24€45k€48k▲
Current assets29/58€366k€397k▲
Stocks and contracts in progress3€37k€41k▲
Stocks30/36€37k€41k▲
Amounts receivable within one year40/41€55k€18k▼
Trade receivables40€14k€9k▼
Other amounts receivable41€42k€9k▼
Current investments50/53€185k€185k=
Cash at bank and in hand54/58€84k€147k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€784k€806k▲
Equity10/15€489k€568k▲
Contributions10/11€12k€12k=
Reserves13€477k€555k▲
Tax-exempt reserves132€314€314=
Distributable reserves133€477k€555k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€295k€238k▼
Amounts payable after more than one year17€84k€49k▼
Financial debts170/4€84k€49k▼
Amounts payable within one year42/48€193k€172k▼
Current portion of amounts payable after more than one year42€41k€41k▲
Financial debts43€5k€5k=
Credit institutions430/8€5k€5k=
Trade debts44€42k€58k▲
Suppliers440/4€42k€58k▲
Taxes, remuneration and social security45€65k€50k▼
Taxes450/3€27k€16k▼
Remuneration and social security454/9€37k€33k▼
Other amounts payable47/48€40k€18k▼
Accrued charges and deferred income492/3€18k€17k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€414k€400k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€61k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€631k€616k▼
Operating profit (loss)9901€156k€147k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€147k€137k▼
Income taxes67/77€43k€40k▼
Profit (loss) for the period9904€103k€98k▼
Profit (loss) for the period to be appropriated9905€103k€98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€103k€98k▼
Transfer from equity791/2€42k€19k▼
Transfer to equity691/2€103k€98k▼
To other reserves6921€103k€98k▼
Profit to be distributed694/7€42k€19k▼
Return on contributions (dividend)694€42k€19k▼
Social balance
Average headcount (FTE)90878.67.9▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Equity above €500kEq €568k ▲16%
8 profitable years in a row build equity to €568k.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €135k ▲625%
Net result €135k, the highest in the series.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €202k ▲10.1%
3 profitable years in a row build equity to €202k.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €150kEq €184k ▲29.3%
2 profitable years in a row build equity to €184k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Avelgem · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krevelstraat 18581 AvelgemGround area
1,371 m²
Building footprint
362 m²
Volume, LiDAR
1,222 m³
Parcel 34020A0218/00F000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KOEVERT
since 20072.166.104.822
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34020A0218/00F000 | Flanders | 1,371 m² | 1 · 362 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
LAETUS
BE 0437.656.476
Oostkamp · Eq €568k
LE SAINT GERMAIN
BE 0417.653.690
Mons · Eq €567k
Mezzo
BE 0767.694.226
Keerbergen · Eq €567k
Le Saulchoir
BE 0406.728.324
Antwerpen · Eq €567k
EL PUEBLO
BE 0461.464.236
Halen · Eq €569k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 5,877 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2007
Fiscal year end30-09
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.