Kovatech
ActiveSummary
Kovatech has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,008) and a net result of -€13,320. Its solvency ranks better than 20% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47
Solvency24▼-76
Growth35
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77; short-term debt: 38.3% and cash: 2.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.6%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€10,008
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
10 d late
2024
71 d 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 for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€10,008
2024 · €5,000
Total assets
€1.6m▲ 30,928%
2024 · €5,000
Net result
-€13,320
Working capital
-€136,084
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€6,858
Net result-€13,320
Equity€5,000--€10,008
Total assets€5,000-€1.6m▲ 30,928%
Debt€1.6m
Working capital-€136,084
Staff (FTE)0.7
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
2025 is the only fiscal year with figures: the operating result is €6,858.
Balance-sheet composition
Assets €1.6m
Fixed assets
€1.1m
Current assets
€458,406
Key figures and ratios
EBITDA
€64,120
Cash flow
€43,941
Solvency
-0.6%▼
2024 · 100.0%
Current ratio
0.77
Quick ratio
0.50
ROA
-0.9%
Interest coverage
3.52
Debt ≤ 1 year
€594,490
Debt > 1 year
€966,583
Staff costs
€51,446
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity -€10,008).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €51,446 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €57,262 | - |
| Other operating charges640/8 | - | €3,858 | - |
| Gross operating margin9900 | - | €119,424 | - |
| Operating profit (loss)9901 | - | €6,858 | - |
| Financial income75/76B | - | €32 | - |
| Recurring financial income75 | - | €32 | - |
| Financial charges65/66B | - | €20,211 | - |
| Recurring financial charges65 | - | €18,211 | - |
| Non-recurring financial charges66B | - | €2,000 | - |
| Profit (loss) for the period before taxes9903 | - | -€13,320 | - |
| Profit (loss) for the period9904 | - | -€13,320 | - |
| Profit (loss) for the period to be appropriated9905 | - | -€13,320 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €5,000 | €1.6m | ▲ 30,928% |
| Fixed assets21/28 | - | €1.1m | - |
| Intangible fixed assets21 | - | €674,793 | - |
| Tangible fixed assets22/27 | - | €418,186 | - |
| Land and buildings22 | - | €348,129 | - |
| Furniture and vehicles24 | - | €70,057 | - |
| Current assets29/58 | €5,000 | €458,406 | ▲ 9,068% |
| Stocks and contracts in progress3 | - | €159,758 | - |
| Stocks30/36 | - | €159,758 | - |
| Amounts receivable within one year40/41 | - | €255,755 | - |
| Trade receivables40 | - | €255,753 | - |
| Other amounts receivable41 | - | €2 | - |
| Cash at bank and in hand54/58 | €5,000 | €38,635 | ▲ 673% |
| Deferred charges and accrued income490/1 | - | €4,259 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €5,000 | €1.6m | ▲ 30,928% |
| Equity10/15 | €5,000 | -€10,008 | ▼ 300% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | - | -€15,008 | - |
| Amounts payable17/49 | - | €1.6m | - |
| Amounts payable after more than one year17 | - | €966,583 | - |
| Financial debts170/4 | - | €966,583 | - |
| Amounts payable within one year42/48 | - | €594,490 | - |
| Current portion of amounts payable after more than one year42 | - | €125,207 | - |
| Trade debts44 | - | €327,384 | - |
| Suppliers440/4 | - | €327,384 | - |
| Advances received on contracts in progress46 | - | €586 | - |
| Taxes, remuneration and social security45 | - | €63,592 | - |
| Taxes450/3 | - | €49,999 | - |
| Remuneration and social security454/9 | - | €13,593 | - |
| Other amounts payable47/48 | - | €77,721 | - |
| Accrued charges and deferred income492/3 | - | €319 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | - | -€13,320 | - |
| + Depreciation and write-downs630 | - | €57,262 | - |
| Operating cash flow (approximation) | - | €43,941 | - |
| Change in cash | - | €33,635 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beernem · 1 establishment unit since 2021
Ground area
186 m²
Building footprint
107 m²
Volume, LiDAR
572 m³
Parcel 31003G0090/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kovatech
since 20212.312.011.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003G0090/00C000 | Flanders | 186 m² | 1 · 107 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. 1,329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
Abbreviation NL
A2N.IB
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
68110Buying and selling of own real estate
41001General construction of residential buildings
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0756746884
Also
9925:BE0756746884
Registered
22-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.