Equity
€146,907 ▲ 6.3%
MICOVER has made a profit without a break since 2017.
MICOVER
Lifetime
15 annual accounts with figures on one time axispeak €166,695 (2022)
€26,268previous year 14 months
lowest -€12,625 (2015)
€8,725previous year 14 months
peak €146,907 (2025)
€146,907▲ 6.3%
€55,363▲ 68.8%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
01-12-2025150 days before the deadline
2025micro format
Debts from €32,799 to €55,363Investments €28,254
Key points
from the 2025 annual accountsInvestments
€28,254 2.5 × depreciation
Green is investment, beige is depreciation.
Filings
15 annual accounts since 2011
The last five annual accounts were filed 0 to 150 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,902 companies had the same profile as MICOVER has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 10,902 companies, not a prediction for MICOVER. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820210422
Registered office moved from Middelkerke to Beveren-Aan-De-Ijzer
New registered office: Hondschootestraat 24, 8691 Beveren-Aan-De-Ijzer · Previous registered office: Mezenlaan 3-8430 Middelkerke · General meeting of 01-05-2024 · Gazette deed
Change of role: , from statutory manager and statutory director to director
Appointment: (director) · “1. Specifiek; 2. Algemeen; 3. Beheer van eigen roerend en onroerend vermogen; 4. Bijzondere bepalingen; Het…” (deed in Dutch) · Gazette deed
Registered office moved from Ypres to Middelkerke
New registered office: Mezenlaan 3/0005, 8430 Middelkerke · Previous registered office: Rijselstraat 196, 8900 Ieper · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MICOVER Alveringem | €202,270 | €26,268 | 72.6% | - |
| BEKAERT J. SCHILDERWERKEN Ledegem | €204,672 | €30,294 | 85.5% | - |
| AD Schilderwerken Affligem | €225,252 | €30,505 | 99.1% | - |
| DECOR BART Sint-Truiden | €211,579 | €29,899 | 51.2% | - |
| DECO CREATO Roeselare | €230,448 | €28,597 | 55.7% | - |
| VANDEPUTTE BRECHT Harelbeke | €251,961 | €28,601 | 58.2% | - |
| DEMACOR Beernem | €200,773 | €38,460 | 81.6% | - |
These companies have the same main activity as MICOVER: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €201,000 and €252,000, founded between 2005 and 2012.
Official details
Source: KBO- Status
- Active since 30-10-2009Normal situation
- Activity
- Painting of buildingsNACE 43341and 7 others
- Establishment unit
- 2.301.107.4428691 Alveringem, since 01-01-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 17-10-2025
Annual accounts to 30-09-2025
- ≈ €160,000estimated
- €202,270▲ 18.3%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 01-12-2025, 150 days before the end of the filing period
Insights on MICOVER
MICOVER files the micro format. That format states no turnover. The gross margin fell from €72,425 in 2011 to €26,268 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 MICOVER
- What is the company number of MICOVER?
- The company number of MICOVER is 0820.210.422. The VAT number is the same number with BE in front: BE 0820.210.422.
- Where is MICOVER based?
- The registered office is at Hondschootestraat 24, 8691 Alveringem.Company details
- What does MICOVER do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of MICOVER?
- MICOVER is a private limited company (BV).
- When was MICOVER founded?
- MICOVER was founded on 30-10-2009.
- Is MICOVER still active?
- Yes, MICOVER is an active enterprise in the KBO register.
- What is the turnover of MICOVER?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €26,268 and 88 comparable companies (NACE 433). It probably lies between €110,000 and €260,000.Financials
- Is MICOVER profitable?
- In financial year 2025, MICOVER made a profit of €8,725.
- Where can I find the annual accounts of MICOVER?
- MICOVER filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICOVER due?
- MICOVER must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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