UNDER-COVER
ActiveSummary
UNDER-COVER has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €86,113. Equity has been growing by about 3.5% per year since 2018. Its solvency ranks better than 95% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-10-2005 Normal situation
- Activity
- Wholesale trade NACE 46474and 2 others
- Establishment unit
- 2.149.985.796 2200 Herentals, since 17-11-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Board and ownership
- Rottiers AlexDirector
- Weyers TomDirector
- TWILIGHT ZONE99.68%· score 682025 annual accounts of TWILIGHT ZONE
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €58,652
- Turnover
- ≈ €230,000
- estimated
- Profit
- €86,113
- Equity
- €1.9m
- ▲ 4.7%
- Total assets
- €2.0m
- ▲ 4.3%
- 2025 accounts filed 28 days after the deadline
Score breakdownlowers riskFounded in 2005Size: total assets €2.0mFigures for financial year 2025 (filed on 02-09-2026)Equity €1.9m (98.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 59% on liquidity, 41% on profitability and 54% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 57 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 5 directors resigning, 2 reappointedResignations: Rottiers Alex, Weyers Tom and 3 others · Reappointments: Rottiers Alex (director) and Weyers Tom (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as UNDER-COVER: wholesale trade (NACE 46474). They are comparable in size and age: total assets between €693,000 and €1.6m, founded between 1993 and 2006.
| Company | Total assets | Gross margin |
|---|---|---|
| UNDER-COVER Herentals | €2.0m | €0.06m |
| ZZip Schilde | €1.1m | €0.06m |
| TERRACOTTA D'ARTE Verlaine | €1.6m | €0.09m |
| ANWIKU Brakel | €1.1m | €0.07m |
| AQUADIS Gent | €1.5m | €0.2m |
| CEILUX Oudenaarde | €0.7m | €0.04m |
| IMMOBILIERE DE VAUX Jemeppe-sur-Sambre | €1.0m | €0.06m |
Key facts about UNDER-COVER
- What is the company number of UNDER-COVER?
- The company number of UNDER-COVER is 0876.488.139. The VAT number is the same number with BE in front: BE 0876.488.139.
- Where is UNDER-COVER based?
- The registered office is at Toekomstlaan(HRT) 39, 2200 Herentals.Company details
- What does UNDER-COVER do?
- According to the KBO register, the main activity is wholesale trade (NACE 46474).
- What is the legal form of UNDER-COVER?
- The legal form of UNDER-COVER is Private limited company (BV).
- When was UNDER-COVER founded?
- UNDER-COVER was founded on 05-10-2005.
- Is UNDER-COVER still active?
- Yes, UNDER-COVER is an active enterprise in the KBO register.
- How many employees does UNDER-COVER have?
- UNDER-COVER had an average of 0.4 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of UNDER-COVER?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €58,652 and 33 comparable companies (NACE 464). It probably lies between €120,000 and €310,000.
- Is UNDER-COVER profitable?
- In financial year 2025, UNDER-COVER made a profit of €86,113.
- Where can I find the annual accounts of UNDER-COVER?
- UNDER-COVER filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of UNDER-COVER due?
- UNDER-COVER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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