Le Couvert
The computed 12-month bankruptcy probability of Le Couvert is 4.5% (elevated). The 2025 annual accounts show equity of €234k and a net result of €68k. Equity is growing by ~50.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 12499 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €234k |
| Net result | €68k |
| Better than sector | 76% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 61.3% | 30.5% | |
| Net result | €68k | €5k | |
| Equity | €234k | €30k | |
| Gross operating margin | €109k | €62k | |
| Total assets | €382k | €116k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €108k | €138k | €101k |
| Net profit | €68k | €98k | €66k |
| Cash flow | €77k | €103k | €69k |
| Staff costs | - | €0 | €14 |
| Income taxes | €24k | €33k | €31k |
| Dividends | - | - | - |
| Total assets | €382k | €327k | €88k |
| Equity | €234k | €166k | €67k |
| Debt | €148k | €161k | €21k |
| of which ≤ 1y | €20k | €23k | €21k |
| of which > 1y | €128k | €138k | - |
| Working capital | €176k | €111k | €61k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 9.71 | 5.75 | 3.99 |
| Quick ratio | 9.71 | 5.75 | 3.99 |
| Working capital ratio | 46.1% | 34.1% | 69.7% |
| Solvency | 61.3% | 50.7% | 76.7% |
| Debt / equity | 0.63 | 0.97 | 0.30 |
| Long-term debt ratio | 0.54 | 0.83 | - |
| Interest coverage | 14.45 | 53.34 | 453.90 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 17.8% | 30.1% | 75.5% |
| ROE | 29.1% | 59.3% | 98.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €382k | €327k | €88k |
| Fixed assets | 21/28 | €185k | €192k | €6k |
| Tangible fixed assets | 22/27 | €185k | €192k | €6k |
| Current assets | 29/58 | €196k | €135k | €82k |
| Amounts receivable within one year | 40/41 | €23k | €27k | €4k |
| Cash & bank | 54/58 | €155k | €107k | €78k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €382k | €327k | €88k |
| Equity | 10/15 | €234k | €166k | €67k |
| Contributions / capital | 10/11 | €1k | €1k | €1k |
| Reserves | 13 | €233k | €165k | €66k |
| Amounts payable | 17/49 | €148k | €161k | €21k |
| Amounts payable after one year | 17 | €128k | €138k | - |
| Amounts payable within one year | 42/48 | €20k | €23k | €21k |
| Trade debts payable within one year | 44 | €1k | €582 | €408 |
| Income statement | ||||
| Gross operating margin | 9900 | €109k | €139k | €102k |
| Operating result | 9901 | €99k | €134k | €98k |
| Financial income | 75 | €0 | €0 | €0 |
| Financial charges | 65 | €7k | €3k | €222 |
| Result before taxes | 9903 | €92k | €131k | €98k |
| Income taxes | 67/77 | €24k | €33k | €31k |
| Net result for the period | 9904 | €68k | €98k | €66k |
| Result to be appropriated | 9905 | €68k | €98k | €66k |
| NACE primary | Event catering(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 14-07-2022 |
| Status | Active |
| Postal code | 8610 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011C1511/00S008 | Flanders | 773 m² | 1 · 127 m² | 9.1 m · 2 fl. |
| 32011C0564/00G000 | Flanders | 445 m² | 1 · 444 m² | 11.9 m · 2 fl. |
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.
09-06-2026 Seat change · Board meeting · Officer appointment · Act object
- Filing: 2026-05-29 · Le Couvert
- Publication: 2026-06-09 · Le Couvert
- Seat change: to: 8610 Kortemark, Hospitaalstraat 2 bus 202, from: 8610 Kortemark, Koutermolenstraat 23/F, effective_date: 2026-04-10 · Le Couvert
- Board meeting: 2026-04-22 · Le Couvert
- Officer appointment: role: Bestuurder · Didier Meesschaert
- Act object: Verplaatsing maatschappelijke zetel
Technical details
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"quote": "NEERLEGGING TER GRIFFIE VAN DE ONDERNEMINGSRECHTBANK GENT afdeling OOSTENDE 29 MEL 2026",
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{
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 09/06/2026 - Annexes du Moniteur belge",
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{
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{
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}
],
"act_meta": {
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}18-07-2022 Incorporation of a new BV
Technical details
{
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"founders": [
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"share_class": "Ordinary",
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"contribution_type": "cash",
"amount_paid_in_eur": 1000,
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"incorporation_date": "2022-07-14",
"post_incorporation_mandates": []
}| Legal nameNL | Le Couvert |