Kovilo
ActiveKovilo has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €86k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 62% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 4.08 in 2024), and 29.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
70.5%
Return on assets
70.1%
Age of the figures
8 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
98 d late
2023
22 d late
2022
30 d late
2021
31 d late
2020
25 d late
2019
91 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 7.7%
2024 · €80k
2018: €76k
2019: €49k
2020: €48k
2021: €48k
2022: €94k
2023: €158k
2024: €80k
2018 → 2025
Total assets
€123k▲ 16.3%
2024 · €106k
2018: €131k
2019: €143k
2020: €168k
2021: €166k
2022: €155k
2023: €197k
2024: €106k
2018 → 2025
Net result
€86k▼ 7.1%
2024 · €93k
2018: €43k
2019: €32k
2020: €67k
2021: €63k
2022: €46k
2023: €63k
2024: €93k
2018 → 2025
Working capital
€80k▲ 3.1%
2024 · €78k
2018: €71k
2019: €45k
2020: €45k
2021: €47k
2022: €93k
2023: €154k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€94k▲ 96.1%€158k▲ 67.3%€80k▼ 49.0%€87k▲ 7.7%
Operating result€82k-€66k▼ 19.1%€83k▲ 25.6%€120k▲ 44.5%€116k▼ 2.7%
Net result€63k-€46k▼ 26.2%€63k▲ 37.4%€93k▲ 46.2%€86k▼ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€6k▲ 138%
Current assets
€116k▲ 13.1%
Equity and liabilities €123k
Equity
€87k▲ 7.7%
Debt
€36k▲ 43.7%
The debt ratio rises from 23.9% to 29.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€119k▼
2024 · €121k
Cash flow
€89k▼
2024 · €94k
Solvency
70.5%▼
2024 · 76.1%
Current ratio
3.21▼
2024 · 4.08
Quick ratio
3.21▼
2024 · 4.08
Debt / equity
0.42▲
2024 · 0.31
ROE
99.5%▼
2024 · 115.3%
ROA
70.1%▼
2024 · 87.8%
Interest coverage
110.92▼
2024 · 153.12
Debt
€36k▲
2024 · €25k
Debt ≤ 1 year
€36k▲
2024 · €25k
Income taxes
€31k▲
2024 · €28k
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€106k€123k▲
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€2k€5k▲
Furniture and vehicles24€2k€5k▲
Financial fixed assets28€1k€1k=
Current assets29/58€103k€116k▲
Amounts receivable within one year40/41€94k€68k▼
Trade receivables40€58k€53k▼
Other amounts receivable41€36k€16k▼
Cash at bank and in hand54/58€7k€43k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€106k€123k▲
Equity10/15€80k€87k▲
Contributions10/11€6k€6k=
Reserves13€47k€80k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€78k▲
Profit (loss) carried forward14€27k€620▼
Amounts payable17/49€25k€36k▲
Amounts payable within one year42/48€25k€36k▲
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€21k€26k▲
Taxes450/3€21k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-2k
Other operating charges640/8€2k€4k▲
Gross operating margin9900€123k€121k▼
Operating profit (loss)9901€120k€116k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€790€1k▲
Recurring financial charges65€790€1k▲
Profit (loss) for the period before taxes9903€121k€117k▼
Income taxes67/77€28k€31k▲
Profit (loss) for the period9904€93k€86k▼
Profit (loss) for the period to be appropriated9905€93k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€157k€114k▼
Profit (loss) brought forward from the previous period14P€65k€27k▼
Transfer from equity791/2€40k-
Transfer to equity691/2-€33k
To other reserves6921-€33k
Profit to be distributed694/7€170k€80k▼
Return on contributions (dividend)694€170k€80k▼
The notes to these accounts (7 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 98 days late
2024
31-12
Financial
Highest result since 2018net €93k ▲46.2%
Operating result €120k, net result €93k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Equity above €150kEq €158k ▲67.3%
6 profitable years in a row build equity to €158k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €32k ▼26%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pajottegem · 1 establishment unit since 2010
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.
Zavelbergstraat 121755 PajottegemGround area
4,481 m²
Building footprint
135 m²
Volume, LiDAR
962 m³
Parcel 23058A0086/00M000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KOVILO
since 20102.189.190.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23058A0086/00M000 | Flanders | 4,481 m² | 1 · 135 m² | 10.7 m · 3 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
COOKIES & CLOUD
BE 0760.465.944
Maldegem · Eq €87k
DEKI CONSULTING
BE 0741.351.796
Lokeren · Eq €87k
INGENTIS
BE 0807.553.110
Lier · Eq €87k
BCC-Tech
BE 0791.900.476
Boom · Eq €87k
Mathesco
BE 0802.178.914
Mechelen · Eq €87k
Of 29,880 companies in sector 62200 we hold annual accounts for 18,324. 15,526 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2010
Fiscal year end31-12
Activities, NACEBEL
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
56210Event catering
70200Business and other management consultancy
70220Business consulting
85593Socio-cultural adult education
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.