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KOVERO

Active Private limited companyfounded 2007active for 19 yearsBlinde-Rodenbachstraat 19A, 8800 RoeselareKBO/BCE: BE 0891.138.703

Lifetime

17 annual accounts with figures on one time axis
peak €379,960 (2025)
€379,960▲ 15×
lowest -€2,257 (2009)
€226,173▲ 926%
peak €75,177 (2025)
€75,177▲ 159%
€475,695▼ 81.5%
Board3 names since 2007
3 directors and 2 others
Owners2 names in the annual accounts
33.33% and 1 other
Documentsfilings and deeds
05-01-202626 days before the deadline
2025micro format
Gross margin from €26,137 to €379,960Result from €22,036 to €226,173Dividend €180,000Equity from €29,004 to €75,177Debts from €2.6m to €475,695Cash from €120,106 to €547,494

Key points

from the 2025 annual accounts

Equity

€75,177 ▲ 159%
29,0042024+226,173Profit-180,000Dividend75,1772025

KOVERO paid out €180,000 in dividends. That is 80% of the 2025 profit.

Result

€226,173 ▲ 926%
€22,0002024€226,0002025

The result rose in 2025 from €22,036 to €226,173.

Turnover

≈ €670,000 estimated

The micro format states no turnover.

Debts

€475,695 86% of the balance sheet
Suppliers 19%Taxes and wages 43%Other 38%

Of this, €475,167 falls due within a year.

Filings

17 annual accounts since 2009
deadline2010201520202025

The last five annual accounts were filed 10 to 29 days before the end of the period.

Position in the sector

€226,173

Higher net result than 95% of companies in real estate. Sector median €5,859 · 19,800 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,609 companies had the same profile as KOVERO has now. Each dot stands for 7 companies, two years later.

96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 2,609 companies, not a prediction for KOVERO. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 18-07-2007
Director, since 18-07-2007
Director, since 18-07-2007
  • 33.33%score equity €6.7m (2025) · 2025 annual accounts of
  • 33.33%score equity €10.9m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0891138703
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments “tekst nieuwe statuten zoals hierna aangenomen” (deed in Dutch) · General meeting of 30-08-2023 · Gazette deed
Registered office moved from Rumbeke to Roeselare New registered office: Blinde Rodenbachstraat 19A bus 213, 8800 Roeselare · Previous registered office: Sint Petrus- en Paulusstraat 24 bus 6, 8800 Rumbeke, België · Board meeting of 16-02-2023 · Gazette deed
First establishment Blinde-Rodenbachstraat 19A, Roeselare
All 24 events

Comparable companies

same main activity, similar in size and age
Company
KOVERO Roeselare €550,872 €379,960 13.6% -
IMFIRO Roeselare €580,813 €240,360 18.2% 3
VARIMA Knokke-Heist €562,454 €289,015 13.6% -
STEFAAN DE RUYTTER Veurne €462,153 €381,235 85.5% -
Loft 64 Schilde €534,747 €465,508 61.4% -
GESIMMO PARTNER Sint-Genesius-Rode €511,635 €326,125 80.8% 3
E.L.R. BOUW Boortmeerbeek €501,541 €455,888 88.1% 6.9

These companies have the same main activity as KOVERO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €462,000 and €581,000, founded between 2005 and 2009.

Official details

Source: KBO
Status
Active since 30-07-2007Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.168.041.3578800 Roeselare, since 05-11-2007
Financial year end
30 June
Peppol
Reachable since 05-05-2025
Company details

Annual accounts to 30-06-2025

€550,872▼ 78.8%
Filing
Filed on 05-01-2026, 26 days before the end of the filing period
Financials

Insights on KOVERO

KOVERO files the micro format. That format states no turnover. The gross margin rose from -€1,265 in 2009 to €379,960 in 2025.

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 KOVERO

What is the company number of KOVERO?
The company number of KOVERO is 0891.138.703. The VAT number is the same number with BE in front: BE 0891.138.703.
Where is KOVERO based?
The registered office is at Blinde-Rodenbachstraat 19A, 8800 Roeselare.Company details
What does KOVERO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of KOVERO?
KOVERO is a private limited company (BV).
When was KOVERO founded?
KOVERO was founded on 30-07-2007.
Is KOVERO still active?
Yes, KOVERO is an active enterprise in the KBO register.
What is the turnover of KOVERO?
The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €379,960 and 42 comparable companies (NACE 681). It probably lies between €500,000 and €1.1m.Financials
Is KOVERO profitable?
In financial year 2025, KOVERO made a profit of €226,173.
Where can I find the annual accounts of KOVERO?
KOVERO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KOVERO due?
KOVERO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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