KOVREN
ActiveThe computed 12-month bankruptcy probability of KOVREN is 3.4% (moderate). The 2025 annual accounts show equity of €113k and a net result of €16k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 7687 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-10
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.11 against 3.56 in 2024), and 19.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
80.7%
Return on assets
11.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
28 d late
2022
24 d late
2021
24 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€113k▲ 16.3%
2024 · €97k
2021: €63k
2022: €79k
2023: €82k
2024: €97k
2021 → 2025
Total assets
€140k▲ 4.2%
2024 · €134k
2021: €85k
2022: €108k
2023: €125k
2024: €134k
2021 → 2025
Net result
€16k▲ 2.0%
2024 · €15k
2021: €53k
2022: €16k
2023: €3k
2024: €15k
2021 → 2025
Working capital
€110k▲ 16.3%
2024 · €95k
2021: €55k
2022: €79k
2023: €78k
2024: €95k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€79k▲ 25.7%€82k▲ 3.6%€97k▲ 19.0%€113k▲ 16.3%
Operating result€72k-€22k▼ 69.3%€5k▼ 79.1%€23k▲ 391%€22k▼ 1.1%
Net result€53k-€16k▼ 69.4%€3k▼ 82.2%€15k▲ 441%€16k▲ 2.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€2k▲ 13.1%
Current assets
€137k▲ 4.1%
Equity and liabilities €140k
Equity
€113k▲ 16.3%
Debt
€27k▼ 27.4%
The debt ratio falls from 27.6% to 19.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2024 · €24k
Cash flow
€17k▲
2024 · €17k
Solvency
80.7%▲
2024 · 72.4%
Current ratio
5.11▲
2024 · 3.56
Quick ratio
5.11▲
2024 · 3.56
Debt / equity
0.24▼
2024 · 0.38
ROE
14.0%▼
2024 · 15.9%
ROA
11.3%▼
2024 · 11.5%
Interest coverage
112.12▲
2024 · 79.43
Debt
€27k▼
2024 · €37k
Debt ≤ 1 year
€27k▼
2024 · €37k
Income taxes
€7k▼
2024 · €7k
Staff costs
€3k▲
2024 · €3k
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€134k€140k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23-€422
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€350€350=
Current assets29/58€132k€137k▲
Amounts receivable within one year40/41€115k€125k▲
Trade receivables40€112k€123k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€17k€12k▼
Deferred charges and accrued income490/1€397€417▲
Equity and liabilities
Total equity and liabilities10/49€134k€140k▲
Equity10/15€97k€113k▲
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Reserves13€85k€100k▲
Distributable reserves133€85k€100k▲
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€37k€27k▼
Amounts payable within one year42/48€37k€27k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€26k€22k▼
Taxes450/3€7k€9k▲
Remuneration and social security454/9€19k€12k▼
Other amounts payable47/48€9k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€514€1k▲
Gross operating margin9900€28k€28k▲
Operating profit (loss)9901€23k€22k▼
Financial income75/76B€0€37▲
Recurring financial income75€0€37▲
Financial charges65/66B€304€210▼
Recurring financial charges65€304€210▼
Profit (loss) for the period before taxes9903€22k€22k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€15k€16k▲
Profit (loss) for the period to be appropriated9905€15k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€18k▲
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer to equity691/2€15k€15k=
To other reserves6921€15k€15k=
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Equity above €100kEq €113k ▲16.3%
5 profitable years in a row build equity to €113k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼82.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2021
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.
Dokter Jacobsstraat 131070 AnderlechtGround area
98 m²
Building footprint
76 m²
Volume, LiDAR
643 m³
Parcel 21001A0672/00W000, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KOVREN
since 20212.315.067.227
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0672/00W000 | Brussels | 98 m² | 1 · 76 m² | 12.8 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
BOC-SYSTEM
BE 0743.540.236
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PETIT Pascal
BE 0888.689.650
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TAM CONSTRUCTION
BE 1000.837.585
Profondeville · Eq €113k
BD BATI DECOR
BE 0876.945.623
Ukkel · Eq €113k
HEPRO
BE 0770.251.957
Grimbergen · Eq €113k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kowal0977@onet.eu
Phone:+32485195059