Financials
- Fiscal year
- 2025
- Total assets
- €106,079
- Profit
- €35,828
- Solvency
- 62.2%
Total assets▲ 12.5%
Net result
20192025
KOVAIA
ActiveSummary
KOVAIA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,956 and a net result of €35,828. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 21938 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Retail sale of prescription glasses, lenses and sunglasses
NACE 47742Retail trade NACE 47782
1 site
Size
€106,079total assets 2025
- Equity
- €65,956
- Profit
- €35,828
Turnover not published (abridged schema)
Structure
- Parent
- SANZA · 90%
Accounts 1 d early0 of 3 deeds read
Why 90- 1 change of registered office in 24 months- Size: total assets €106,079+ Liquidity: current ratio 2.24, cash €31,365+ Equity €65,956 (62.2% of total assets)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 85% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
87+30
equity 62.2% of total assets
Liquidity
70+47
short-term debt 37.8% · cash 29.6%
Profitability
100+70
return on assets 33.8%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 1.0%▼ -2.3% vs 11-2024
01-2025: 1.1%▲ +11.1% vs 12-2024
02-2025: 1.6%▲ +43.6% vs 01-2025
03-2025: 1.1%▼ -32.7% vs 02-2025
04-2025: 1.6%▲ +43.5% vs 03-2025
05-2025: 1.6%▼ -2.3% vs 04-2025
06-2025: 1.6%● 0.0% vs 05-2025
07-2025: 1.6%● 0.0% vs 06-2025
08-2025: 1.5%▼ -1.9% vs 07-2025
09-2025: 1.5%● 0.0% vs 08-2025
10-2025: 1.8%▲ +15.1% vs 09-2025
11-2025: 1.8%▲ +2.8% vs 10-2025
12-2025: 1.8%▼ -2.4% vs 11-2025
01-2026: 1.9%▲ +9.4% vs 12-2025highest value
02-2026: 0.3%▼ -85.8% vs 01-2026
03-2026: 0.3%● 0.0% vs 02-2026
04-2026: 0.3%● 0.0% vs 03-2026
05-2026: 0.3%● 0.0% vs 04-2026
06-2026: 0.3%▼ -1.1% vs 05-2026
07-2026: 0.3%● 0.0% vs 06-2026
08-2026: 0.3%▼ -2.2% vs 07-2026lowest value
09-2026: 0.3%● 0.0% vs 08-2026lowest value
10-2026: 0.3%▲ +17.7% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 2.24, cash €31,365 lowers the probability
- Size: total assets €106,079 raises the probability for this profile
- Equity €65,956 (62.2% of total assets) lowers the probability
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.24 against 1.1 in 2024; short-term debt: 37.8% and cash: 29.6% of total assets), and 37.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 74%, liquidity 76%, profitability 96%, growth against the median 94%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
19 d late
2023
28 d late
2022
23 d late
2021
27 d late
2020
25 d late
2019
1 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 17 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €35,828
- Liquidity doublescurrent ratio 2.24
Key points
By topic
Board & ownership
- Parent
- SANZA · 90%
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-01-2027
- 30-01-2026Annual accounts filed
- 30-06-2025Back to profit
- 30-06-2025Liquidity doubles
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of prescription glasses, lenses and sunglassesNACE 47742
- Founded
- 22-05-2014
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Go further with this company
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