Le couvre-chef

Active

Private limited companyfounded 20242 yrs activeRue des Combattants 20, 4357 Donceel, BelgiumKBO/BCE: BE 1010.741.483

Summary

The computed 12-month bankruptcy probability of Le couvre-chef is 2.5% (moderate). The 2025 annual accounts show equity of €61k and a net result of €40k. Its solvency ranks better than 31% of 7838 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

Le couvre-chefActiveChecked score 63/100

Risk analysis Report Compare

Checked score

Score 2025

63 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability95▼-5

Solvency54▲+8

Growth35

Track record82

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity short (current ratio 0.84 against 0.71 in 2024; short-term debt: 71.3% and cash: 37.9% of total assets), and 71.3% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

28.7%

Return on assets

18.9%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

8 d early

2024

60 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€224k▼ 18.2%

2024 · €273k

2024: €273k 2025: €224k▼ -18.2% vs 2024

2024 → 2025

EBIT margin

20.9%▼ 4.9pp

2024 · 25.7%

2024: 25.7% 2025: 20.9%▼ -19.0% vs 2024

2024 → 2025

Net result

€40k▼ 34.2%

2024 · €61k

2024: €61k 2025: €40k▼ -34.2% vs 2024

2024 → 2025

Working capital

€-24k▲ 50.9%

2024 · €-49k

2024: €-49k 2025: €-24k▲ +50.9% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€273k-€224k▼ 18.2% 2024: €273k 2025: €224k▼ -18.2% vs 2024

Equity€45k-€61k▲ 35.7% 2024: €45k 2025: €61k▲ +35.7% vs 2024

Operating result€70k-€47k▼ 33.7% 2024: €70k 2025: €47k▼ -33.7% vs 2024

Net result€61k-€40k▼ 34.2% 2024: €61k 2025: €40k▼ -34.2% vs 2024

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 34% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €212k

40.0%

60.0%

Fixed assets €85k ▼ 9.5%

Current assets €127k ▲ 8.2%

Equity and liabilities €212k

28.7%

71.3%

Equity €61k ▲ 35.7%

Debt €151k ▼ 9.2%

Debt's share of the balance-sheet total falls from 78.8% to 71.3%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€64k▼

2024 · €82k

Cash flow

€57k▼

2024 · €73k

Current ratio

0.84▲

2024 · 0.71

Debt to equity

2.49▼

2024 · 3.72

ROE

65.7%▼

2024 · 135.7%

ROA

18.9%▼

2024 · 28.8%

Interest coverage

328.93▼

2024 · 657.94

Debt ≤ 1 year

€151k▼

2024 · €167k

Income taxes

€6k▼

2024 · €9k

Staff costs

€74

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Balance sheet Code20242025

Assets

Total assets20/58€212k€212k▲

Fixed assets21/28€94k€85k▼

Intangible fixed assets21€89k€75k▼

Tangible fixed assets22/27€5k€10k▲

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€2k€8k▲

Current assets29/58€118k€127k▲

Amounts receivable within one year40/41€106k€47k▼

Trade receivables40€90k€34k▼

Other amounts receivable41€16k€13k▼

Cash at bank and in hand54/58€11k€81k▲

Deferred charges and accrued income490/1€74€274▲

Equity and liabilities

Total equity and liabilities10/49€212k€212k▲

Equity10/15€45k€61k▲

Contributions10/11€20k€20k=

Reserves13€25k€41k▲

Distributable reserves133€25k€41k▲

Profit (loss) carried forward14€13€15▲

Amounts payable17/49€167k€151k▼

Amounts payable within one year42/48€167k€151k▼

Trade debts44€52k€42k▼

Suppliers440/4€43k€42k▼

Bills of exchange payable441€9k-

Taxes, remuneration and social security45-€20k

Taxes450/3-€20k

Other amounts payable47/48€115k€89k▼

Income statement Code20242025

Turnover70€273k€224k▼

Goods, raw materials, services and sundry goods60/61€138k€158k▲

Remuneration, social security and pensions62-€74

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲

Other operating charges640/8€54k€2k▼

Gross operating margin9900€136k€65k▼

Operating profit (loss)9901€70k€47k▼

Financial income75/76B€7-

Recurring financial income75€7-

Financial charges65/66B€125€193▲

Recurring financial charges65€125€193▲

Profit (loss) for the period before taxes9903€70k€46k▼

Income taxes67/77€9k€6k▼

Profit (loss) for the period9904€61k€40k▼

Profit (loss) for the period to be appropriated9905€61k€40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€61k€40k▼

Profit (loss) brought forward from the previous period14P-€13

Transfer to equity691/2€25k€16k▼

To other reserves6921€25k€16k▼

Profit to be distributed694/7€36k€24k▼

Directors or managers695€36k€24k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Turnover70	€273k	€224k	▼ 18.2%
Goods, raw materials, services and sundry goods60/61	€138k	€158k	▲ 14.9%
Remuneration, social security and pensions62	-	€74	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€12k	€17k	▲ 42.1%
Other operating charges640/8	€54k	€2k	▼ 97.0%
Gross operating margin9900	€136k	€65k	▼ 52.0%
Operating profit (loss)9901	€70k	€47k	▼ 33.7%
Financial income75/76B	€7	-	-
Recurring financial income75	€7	-	-
Financial charges65/66B	€125	€193	▲ 54.5%
Recurring financial charges65	€125	€193	▲ 54.5%
Profit (loss) for the period before taxes9903	€70k	€46k	▼ 33.9%
Income taxes67/77	€9k	€6k	▼ 31.6%
Profit (loss) for the period9904	€61k	€40k	▼ 34.2%
Profit (loss) for the period to be appropriated9905	€61k	€40k	▼ 34.2%

Line	2024	2025	Change
Assets
Total assets20/58	€212k	€212k	▲ 0.3%
Fixed assets21/28	€94k	€85k	▼ 9.5%
Intangible fixed assets21	€89k	€75k	▼ 16.0%
Tangible fixed assets22/27	€5k	€10k	▲ 115%
Plant, machinery and equipment23	€2k	€2k	▼ 26.0%
Furniture and vehicles24	€2k	€8k	▲ 266%
Current assets29/58	€118k	€127k	▲ 8.2%
Amounts receivable within one year40/41	€106k	€47k	▼ 56.2%
Trade receivables40	€90k	€34k	▼ 62.7%
Other amounts receivable41	€16k	€13k	▼ 19.9%
Cash at bank and in hand54/58	€11k	€81k	▲ 615%
Deferred charges and accrued income490/1	€74	€274	▲ 269%
Equity and liabilities
Total equity and liabilities10/49	€212k	€212k	▲ 0.3%
Equity10/15	€45k	€61k	▲ 35.7%
Contributions10/11	€20k	€20k	=
Reserves13	€25k	€41k	▲ 64.5%
Distributable reserves133	€25k	€41k	▲ 64.5%
Profit (loss) carried forward14	€13	€15	▲ 11.4%
Amounts payable17/49	€167k	€151k	▼ 9.2%
Amounts payable within one year42/48	€167k	€151k	▼ 9.2%
Trade debts44	€52k	€42k	▼ 19.0%
Suppliers440/4	€43k	€42k	▼ 1.0%
Bills of exchange payable441	€9k	-	-
Taxes, remuneration and social security45	-	€20k	-
Taxes450/3	-	€20k	-
Other amounts payable47/48	€115k	€89k	▼ 22.5%

Line	2024	2025	Change
Profit (loss) for the period9904	€61k	€40k	▼ 34.2%
+ Depreciation and write-downs630	€12k	€17k	▲ 42.1%
Operating cash flow (approximation)	€73k	€57k	▼ 21.8%
Investment in fixed assets (approximation)	-	€-8k	-
Change in cash	-	€69k	-

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

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 60 days late

NBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Donceel

exact location from the address register On OpenStreetMap

Ground area

1,474 m²

Building footprint

101 m²

Volume, LiDAR

612 m³

Parcel 64046A0468/00L000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
64046A0468/00L000	Wallonia	1,474 m²	1 · 101 m²	7.5 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.

Similar companies · same sector, comparable size

ALGEMENE DAKWERKEN MARIJNISSEN

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2-Vano

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Westerlo · Eq €60,944

ETS. LAMBERT Y. ET FILS

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D & D TOITURE

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Tubize · Eq €61,137

Of 8,566 companies in sector 43410 we hold annual accounts for 4,363. 3,750 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

Founded25-06-2024

Fiscal year end31-12

Activities, NACEBEL 2025

43410Roofing work

42212Civil engineering

43120Site preparation

Scores and ratios are computed by Checked and are not a credit decision.