Result
€35,450 €35,450
Back in profit in 2025, after a loss of €41,368 in 2024.
KOVAL
Lifetime
14 annual accounts with figures on one time axispeak €124,416 (2021)
€61,773▲ €87,804
lowest -€41,368 (2024)
€35,450▲ €76,818
peak €133,014 (2021)
€84,113▲ 72.8%
€204,929▼ 14.6%
peak 2.3 FTE (2019)
-not published
Board2 names since 2021
1 directorvan hove larysa
Documentsfilings and deeds
04-05-202688 days before the deadline
2025micro format
Gross margin from -€26,031 to €61,773Back to profit: €35,450Equity from €48,663 to €84,113Cash from €6,058 to €2,157
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€204,929 71% of the balance sheet
Financial debts 68%Suppliers 18%Taxes and wages 6%Other 8%
Of this, €96,188 falls due within a year.
Securities
€50,000
Mortgages, new in 2025. 59.4% of equity · not in the 2024 accounts.
Filings
14 annual accounts since 2012
Two of the last ten came late. The 2023 accounts came latest: 31 days after the end of the period.
Position in the sector
€35,450
Higher net result than 83% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
Checked score
56
Fair
Financially stronger than 59% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.0%▼ -0.1 percentage points vs 05-2025
07-2025: 2.2%▲ +0.2 percentage points vs 06-2025
08-2025: 2.9%▲ +0.7 percentage points vs 07-2025
09-2025: 3.5%▲ +0.6 percentage points vs 08-2025highest value
10-2025: 3.5%● unchanged vs 09-2025highest value
11-2025: 3.5%● unchanged vs 10-2025highest value
12-2025: 3.5%● unchanged vs 11-2025highest value
01-2026: 3.4%▼ -0.1 percentage points vs 12-2025
02-2026: 3.4%● unchanged vs 01-2026
03-2026: 3.4%● unchanged vs 02-2026
04-2026: 3.5%▲ +0.1 percentage points vs 03-2026
05-2026: 3.4%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%▼ -1.7 percentage points vs 05-2026lowest value
07-2026: 1.7%● unchanged vs 06-2026lowest value
08-2026: 1.7%● unchanged vs 07-2026lowest value
09-2026: 1.7%● unchanged vs 08-2026lowest value
10-2026: 1.7%● unchanged vs 09-2026lowest value
11-2026: 1.7%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
1 of the last 3 accounts late
Liquidity: current ratio 0.67, cash €2,157, halved
lowers risk
Founded in 2011
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 50% of them on solvency, 31% on liquidity, 70% on profitability and 86% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as KOVAL has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KOVAL itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for KOVAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.67 (0.34 in 2024), below 1. Short-term debt is 33.3% and cash 0.7% of total assets. 70.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 days early
2024
19 days late
2023
31 days late
2022
33 days early
2021
8 days early
2020
46 days early
2019
10 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · 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. The company usually files around 23 July (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0842381553
New establishment in Antwerp
my frituur, Cadixstraat 7
Appointment: Laryse Van Hove (director)
“E-commerce in de ruimste zin; Ontwikkeling en design van consumentenproducten; Ontwikkeling en design van…” (deed in Dutch) · General meeting of 04-05-2023 · Gazette deed
Registered office moved from Antwerp to Schilde
New registered office: Groene Wandeling 39 te 2970 Schilde · Previous registered office: De Lescluzestraat 2 2600 Antwerpen · Registered office clause: De Lescluzestraat 2 2600 Antwerpen · General meeting of 24-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KOVAL Schilde | €289,042 | €61,773 | 29.1% | - |
| MIRHAT Mortsel | €287,121 | €63,764 | 3.1% | - |
| Tartino Laakdal | €319,541 | €65,369 | 37.8% | - |
| M&I Antwerp | €276,652 | €55,178 | -6.2% | - |
| Van Cleemaert Antwerp | €335,814 | €56,059 | 15.9% | - |
| LNOPPEN Meerhout | €283,473 | €74,339 | 8.9% | - |
| MAJA HORECA Genk | €312,562 | €55,836 | 47.7% | - |
These companies have the same main activity as KOVAL: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €277,000 and €336,000, founded between 2010 and 2011.
Official details
Source: KBO- Status
- Active since 22-12-2011Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment units
- 2.206.932.3202970 Schilde, since 18-01-2012
- 2.364.663.3272000 Antwerp, since 04-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Annual accounts 2025
- €289,042▲ 0.1%
- Filing
- Filed on 04-05-2026, 88 days before the end of the filing period
Insights on KOVAL
KOVAL files the micro format. That format states no turnover. The gross margin rose from €47,467 in 2012 to €61,773 in 2025.
The balance sheet grew most from 2020 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KOVAL
- What is the company number of KOVAL?
- The company number of KOVAL is 0842.381.553. The VAT number is the same number with BE in front: BE 0842.381.553.
- Where is KOVAL based?
- The registered office is at Groene Wandeling 39, 2970 Schilde.Company details
- What does KOVAL do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of KOVAL?
- KOVAL is a private limited company (BV).
- When was KOVAL founded?
- KOVAL was founded on 22-12-2011.
- Is KOVAL still active?
- Yes, KOVAL is an active enterprise in the KBO register.
- How many employees does KOVAL have?
- KOVAL had an average of 0.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of KOVAL?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €61,773 and 90 comparable companies (NACE 56112). It probably lies between €170,000 and €270,000. In financial year 2021 turnover was €121,890.
- Is KOVAL profitable?
- In financial year 2025, KOVAL made a profit of €35,450.
- Where can I find the annual accounts of KOVAL?
- KOVAL filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KOVAL due?
- KOVAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.