PROMETHEUS
ActiveSummary
PROMETHEUS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €11,684. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 58% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €1.5m
- Profit
- €11,684
- The Cove Group BVDirector · permanent representative Tom Coen
- LCTDirector · permanent representative Tom Coen
Why 92raises riskLiquidity: current ratio 2.98, cash €8,996, halvedlowers riskSize: total assets €3.8mFigures for financial year 2025 (filed 22-07-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 59% on solvency, 48% on liquidity, 43% on profitability and 99% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 13 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €1mequity €1.5m ▲2,170%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,533 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €6,644 | €10,622 | €15,739 | €51,482 | €89,172 | €144,825 | ▲ 62.4% |
| Other operating charges640/8 | - | - | - | €8,417 | €6,796 | €7,457 | €12,975 | €7,971 | ▼ 38.6% |
| Gross operating margin9900 | €50,745 | €49,297 | €54,819 | €58,734 | €66,639 | €72,654 | €181,810 | €233,587 | ▲ 28.5% |
| Operating profit (loss)9901 | €45,531 | €43,472 | €38,002 | €39,696 | €44,104 | €13,715 | €79,663 | €80,791 | ▲ 1.4% |
| Financial income75/76B | - | - | - | - | - | €32,120 | €255 | €11,361 | ▲ 45× |
| Recurring financial income75 | - | €928 | - | - | - | €32,120 | €255 | €11,361 | ▲ 45× |
| Financial charges65/66B | - | - | - | €34,058 | €31,362 | €25,557 | €68,792 | €77,521 | ▲ 12.7% |
| Recurring financial charges65 | €31,863 | €44,029 | €39,751 | €34,058 | €31,362 | €25,557 | €68,792 | €77,521 | ▲ 12.7% |
| Profit (loss) for the period before taxes9903 | €13,668 | €371 | -€1,748 | €5,638 | €12,742 | €20,278 | €11,126 | €14,631 | ▲ 31.5% |
| Income taxes67/77 | €2,916 | €88 | €232 | €1,953 | €3,393 | €5,365 | €18 | €2,948 | ▲ 165× |
| Profit (loss) for the period9904 | €10,752 | €284 | -€1,980 | €3,685 | €9,349 | €14,914 | €11,108 | €11,684 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €10,752 | €284 | -€1,980 | €3,685 | €9,349 | €14,914 | €11,108 | €11,684 | ▲ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.9m | €2.0m | €1.9m | €1.7m | €1.5m | €1.5m | €2.2m | €3.8m | ▲ 71.8% |
| Formation expenses20 | - | - | €0.03m | €0.02m | €0.02m | - | - | €0.03m | - |
| Fixed assets21/28 | - | - | €0.02m | €0.04m | €0.03m | €0.08m | €0.9m | €2.3m | ▲ 160% |
| Intangible fixed assets21 | - | - | - | - | - | €0.07m | €0.09m | €0.07m | ▼ 21.9% |
| Tangible fixed assets22/27 | - | - | €0.02m | €0.04m | €0.03m | €0.01m | €0.8m | €2.2m | ▲ 181% |
| Land and buildings22 | - | - | - | - | - | - | €0.4m | €1.9m | ▲ 347% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.01m | €0.008m | €0.3m | €0.3m | ▲ 1.8% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | €0.004m | €0.1m | €0.09m | ▼ 17.3% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | €157 | €0 | - | - |
| Current assets29/58 | €1.9m | €2.0m | €1.8m | €1.6m | €1.5m | €1.4m | €1.4m | €1.5m | ▲ 12.8% |
| Amounts receivable after more than one year29 | - | - | - | €1.4m | €1.3m | €1.2m | €1.0m | €0.9m | ▼ 13.5% |
| Trade receivables290 | - | - | - | €1.4m | €1.3m | €1.2m | €1.0m | €0.9m | ▼ 13.5% |
| Stocks and contracts in progress3 | €0.03m | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.3m | €0.1m | €0.2m | €0.2m | €0.2m | €0.6m | ▲ 228% |
| Trade receivables40 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 87.5% |
| Other amounts receivable41 | - | - | - | - | - | - | €0.01m | €0.3m | ▲ 28× |
| Cash at bank and in hand54/58 | €495 | - | - | €0.01m | €0.02m | €0.006m | €0.1m | €0.009m | ▼ 92.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.003m | €0.008m | €0.006m | ▼ 20.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.9m | €2.0m | €1.9m | €1.7m | €1.5m | €1.5m | €2.2m | €3.8m | ▲ 71.8% |
| Equity10/15 | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.06m | €0.07m | €1.5m | ▲ 23× |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Revaluation surpluses12 | - | - | - | - | - | - | - | €1.5m | - |
| Reserves13 | €350 | €364 | €364 | €364 | €364 | €364 | €364 | €364 | = |
| Non-distributable reserves130/1 | - | - | - | €364 | €364 | €364 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €364 | €364 | €364 | €0 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €364 | €364 | = |
| Profit (loss) carried forward14 | €0.007m | €0.007m | €0.005m | €0.009m | €0.02m | €0.03m | €0.04m | €0.06m | ▲ 26.6% |
| Amounts payable17/49 | €1.8m | €1.9m | €1.9m | €1.6m | €1.5m | €1.4m | €2.2m | €2.3m | ▲ 5.8% |
| Amounts payable after more than one year17 | €1.6m | €1.6m | €1.5m | €1.3m | €1.2m | €1.1m | €1.9m | €1.8m | ▼ 6.6% |
| Financial debts170/4 | - | - | - | €1.3m | €1.2m | €1.1m | €1.9m | €1.8m | ▼ 6.6% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 93.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 3.8% |
| Financial debts43 | - | - | - | - | - | - | - | €0.05m | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €0.05m | - |
| Trade debts44 | €0.01m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 140% |
| Suppliers440/4 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 140% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.01m | €0.005m | €0.04m | ▲ 708% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.01m | €0.005m | €0.04m | ▲ 708% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.05m | €0.002m | €45 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.001m | €45 | €0 | €0.002m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €284 | -€0.002m | €0.004m | €0.009m | €0.01m | €0.01m | €0.01m | ▲ 5.2% |
| + Depreciation and write-downs630 | - | - | €0.007m | €0.01m | €0.02m | €0.05m | €0.09m | €0.1m | ▲ 62.4% |
| Operating cash flow (approximation) | €0.01m | €284 | €0.005m | €0.01m | €0.03m | €0.07m | €0.1m | €0.2m | ▲ 56.1% |
| Investment in fixed assets (approximation) | - | - | - | -€0.03m | -€0.007m | -€0.1m | -€0.9m | -€1.5m | ▼ 74.3% |
| Change in cash | - | - | - | - | €0.005m | -€0.009m | €0.1m | -€0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-07-2026 | 2026-00319761 |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00340366 |
| 31-12-2023 | abbreviated format | 28-05-2024 | 2024-00098121 |
| 31-12-2022 | abbreviated format | 06-07-2023 | 2023-00218002 |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20442626 |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-69200417 |
| 31-12-2019 | abbreviated format | 08-10-2020 | 2020-59600356 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55500283 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-57700040 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LCT |
|
| The Cove Group BV |
|
| Tom Coen |
|
Owners and capital
Capital and shareholders
- 31-01-2024 Converted to unavailable equity
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
30-04
Gazette deed
Resignation: LCT BV (director)Appointment: The Cove Group BV (director) · Permanent representative: Tom Coen4 facts ▸
- General meeting, 26-03-2024
- Director resignation, LCT BV (director)
- Director appointment, The Cove Group BV (director)
- Permanent representative, Tom Coen (2 times)
31-01
Gazette deed
Resignation: COEN Tom (director)Permanent representative: COEN Tom · Reappointment: LCT (director) · Amendment of the articles14 facts ▸
- General meeting, 09-01-2024
- Amendment of the articles (2 times)
- Director resignation, COEN Tom (director)
- Permanent representative, COEN Tom
- Director reappointment, LCT (director (not named in the articles))
- Other provision, “kwijting ontslagnemende bestuurder voor uitoefening mandaat, algemene vergadering” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, opheffen statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Other provision, “bijzonder verslag bestuursorgaan over voorgestelde voorwerpswijziging, voorzitter leest voor” (deed in Dutch)
- Purpose change
- Capital
- Other provision, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24514C0093/00N000 | Flanders | 3,724 m² | 1 · 1,204 m² | 4.7 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De bedrijvigheid van consulent inzake human resources,organisatie,beheer,bedrijfsbeleid,marktstudie,marketing,verkoop,technologie en…” (deed in Dutch)
12 activities (deed in Dutch)
- De bedrijvigheid van consulent inzake human resources,organisatie,beheer,bedrijfsbeleid,marktstudie,marketing,verkoop,technologie en techniek,reclame,sponsoring,public relations en meer in het algemeen het verstrekken van raad en bijstand in juridische,commerciële,financiële,administratieve,technologische en bedrijfseconomische aangelegenheden.Het verrichten van studiewerk ter zake en het verlenen van alle diensten;
- De aanwerving,de selectie,de vorming,plaatsing en het ter beschikking stellen van personeel,de(re)organisatie van vennootschappen/ondernemingen,en het verlenen van alle advies en diensten met betrekking tot de verhoudingen(in-en extern)binnen ondernemingen en vennootschappen;
- Het inrichten van cursussen,seminaries,voordrachten;
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies in andere vennootschappen,ondernemingen en/of instellingen in de meest ruime zin,in voorkomend geval mits aanduiding daartoe van een vaste vertegenwoordiger,natuurlijke persoon;
- De vennootschap kan alle hulpmiddelen verschaffen en alle diensten leveren die rechtstreeks of onrechtstreeks verband houden met wat voorafgaat of volgt,zowel krachtens een contractuele als een statutaire benoeming,in hoedanigheid van extern raadgever of als orgaan van de cliënt;
- Het ter beschikking stellen van bedrijfsruimte met bijkomende diensten en nutsvoorzieningen.Het verwerven,in eigendom of anderszins,van bedrijfsuitrusting van gelijk welke aard,om deze ten bezwarende titel ter beschikking te stellen van derden,in het kader van wetenschappelijk,professioneel of administratief dienstbetoon;
- De creatie,de ontwikkeling,de engineering alsmede de implementatie van computerprogramma's,materiaal,componenten,deelsystemen en systemen op het gebied van de informatica,technologie,multimedia en elektronica,in de meest uitgebreide betekenis.Het behouden,beheren en oordeelkundig uitbreiden van een patrimonium,bestaande uit roerende goederen,onroerende goederen en rechten in de ruimste zin en in het kader daarvan onder meer:
- Het kopen,verkopen,in licentie nemen of geven van octrooien,knowhow,merken en aanverwante immateriële duurzame activa.Het beheer,kopen en verkopen van intellectuele eigendomsrechten in de meest brede zin.
- Alle verrichtingen en rechtshandelingen met betrekking tot onroerende goederen en-rechten in de ruimste zin zoals maar niet uitsluitend het(ver)bouwen,onderhouden,inrichten,het verwerven,vervreemden,het(ver)huren,beheren,uitbaten,valoriseren en ordenen van alle onroerende goederen,leasing en aanverwante rechten inbegrepen;optreden als makelaar in onroerende goederen en dit enkel en alleen voor eigen rekening en als adviseur/coördinator/promotor bij de uitvoering van bouwwerken.Zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- Alle verrichtingen en rechtshandelingen met betrekking tot roerende goederen en-rechten in de ruimste zin,zoals het verwerven,vervreemden,het uitbaten,valoriseren,(ver)huren,en in het bijzonder het beheren en valoriseren van aandelen,obligaties,participatiebewijzen en andere waardepapieren.
- Het aanbieden van bijkomende diensten om bedrijven te ondersteunen bij retentie van hun medewerkers zoals organisatie van events en aanbieden van diensten aan medewerkers;
- Het aankopen,huren,verhuren,ter beschikking stellen,verkopen,uitbaten,ontwikkelen en commercialiseren van vastgoed in de breedste zin van het woord,zoals onder meer eventlocaties,residentieel vastgoed en vakantieverblijven.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROMETHEUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bijhuizen,exploitatiezetels,administratieve zetels,filialen en agentschappen in België en buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)“Geboekt op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, ingeschreven in register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal aandelen als…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aangeboden aan bestaande aandeelhouders naar evenredigheid aantal aandelen dat zij bezitten, zelfde dag te verzenden als communicaties…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of May at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)