Equity
VCOVERS has made a profit without a break since 2021.
VCOVERS has made a profit without a break since 2021.
The accounts state no turnover.
Green is investment, beige is depreciation.
In July 2024, 34,721 companies had the same profile as VCOVERS has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,762 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 34,721 companies, not a prediction for VCOVERS. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VCOVERS Zaventem | €189,862 | €85,691 | 45.7% | - |
| AGN TOITURES -DAKWERKEN Pepingen | €174,605 | €74,312 | 27.8% | - |
| DAKRYM Vilvoorde | €195,432 | €94,820 | 26.0% | - |
| L'ART-DOISIER Theux | €176,057 | €76,537 | 46.9% | - |
| LV DAKWERKEN Bornem | €184,797 | €85,298 | 33.7% | - |
| Erki Balen | €180,013 | €70,691 | 57.4% | - |
| J.V.DAK Ronse | €177,544 | €73,786 | 55.9% | - |
These companies have the same main activity as VCOVERS: roofing work (NACE 43410). They are comparable in size and age: total assets between €175,000 and €195,000, founded between 2006 and 2010.
VCOVERS files the micro format. That format states no turnover. The gross margin rose from -€13,055 in 2009 to €85,691 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €230,000 and €500,000.
Higher than 49% of 37,211 companies in 2025.
Higher than 50% of 36,505 companies in 2025.
Higher than 72% of 36,740 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left. Training hours in 2025: 124.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
189,862 | 168,381 | 168,559 | 146,587 | 67,179 | 2,829 | 3,560 | 4,360 | 5,156 | 22,947 | 23,825 | 94,977 | 95,863 | 116,674 | 117,915 | 120,796 | 123,148 | |
21/28 |
5,507 | 12,873 | 12,888 | 17,811 | 16,377 | - | - | - | - | - | - | 82,000 | 82,000 | 82,000 | 82,000 | 118,000 | 118,000 | |
21 |
510 | 1,405 | 2,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
2,897 | 9,368 | 8,638 | 15,861 | 16,377 | - | - | - | - | - | 0 | 82,000 | 82,000 | 82,000 | 82,000 | 118,000 | 118,000 | |
23 |
1,015 | 5,890 | - | 2,201 | 4,451 | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
29 | 3,478 | 8,638 | 13,660 | 11,926 | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
1,853 | - | - | - | - | - | - | - | - | - | - | 82,000 | 82,000 | 82,000 | 82,000 | 118,000 | 118,000 | |
28 |
2,100 | 2,100 | 1,950 | 1,950 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
184,356 | 155,507 | 155,671 | 128,775 | 50,803 | 2,829 | 3,560 | 4,360 | 5,156 | 22,947 | 23,825 | 12,977 | 13,863 | 34,674 | 35,915 | 2,796 | 5,148 | |
29 |
- | - | - | - | - | - | - | - | 5,156 | - | - | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | 5,156 | - | - | - | - | - | - | - | - | |
3 |
8,900 | 12,950 | 10,025 | 7,790 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
8,900 | 12,950 | 10,025 | 7,790 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
26,328 | 51,120 | 94,555 | 26,779 | 17,010 | - | - | - | - | - | - | - | 14 | 134 | 336 | 403 | 1,578 | |
40 |
16,621 | 38,093 | 93,982 | 24,671 | 16,800 | - | - | - | - | - | - | - | - | - | - | - | - | |
41 |
9,707 | 13,026 | 574 | 2,108 | 210 | - | - | - | - | - | - | - | 14 | 134 | 336 | 403 | 1,578 | |
54/58 |
141,464 | 90,038 | 50,141 | 90,457 | 33,793 | 2,829 | 3,560 | 4,360 | - | 22,947 | 23,825 | 12,977 | 13,849 | 34,539 | 35,579 | 2,393 | 3,570 | |
490/1 |
7,664 | 1,400 | 950 | 3,749 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
189,862 | 168,381 | 168,559 | 146,587 | 67,179 | 2,829 | 3,560 | 4,360 | 5,156 | 22,947 | 23,825 | 94,977 | 95,863 | 116,674 | 117,915 | 120,796 | 123,148 | |
10/15 |
86,843 | 55,382 | 51,682 | 23,748 | -60,312 | -88,956 | -88,225 | -87,425 | -86,629 | -85,838 | -84,960 | -13,808 | -12,922 | -12,111 | -11,208 | -8,766 | 4,602 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
63,094 | 31,634 | 27,934 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
63,094 | 31,634 | 27,934 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
5,148 | 5,148 | 5,148 | 5,148 | -78,912 | -107,556 | -106,825 | -106,025 | -105,229 | -104,438 | -103,560 | -32,408 | -31,522 | -30,711 | -29,808 | -27,366 | -13,998 | |
17/49 |
103,020 | 112,998 | 116,877 | 122,838 | 127,491 | 91,785 | 91,785 | 91,785 | 91,785 | 108,785 | 108,785 | 108,785 | 108,785 | 128,785 | 129,123 | 129,562 | 118,546 | |
17 |
1,038 | 4,051 | - | - | - | 91,785 | 91,785 | 91,785 | 91,785 | 108,785 | 108,785 | 108,785 | 108,785 | 128,785 | 128,785 | 127,785 | - | |
170/4 |
1,038 | 4,051 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | 91,785 | 91,785 | 91,785 | 91,785 | 108,785 | 108,785 | 108,785 | 108,785 | 128,785 | 128,785 | 127,785 | - | |
42/48 |
101,982 | 108,947 | 116,877 | 122,838 | 127,491 | - | - | - | - | - | - | - | - | - | 338 | 1,777 | 118,546 | |
42 |
3,013 | 2,867 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
7,040 | 25,265 | 14,196 | 1,746 | 14,708 | - | - | - | - | - | - | - | - | - | 338 | 1,777 | 2,761 | |
440/4 |
7,040 | 25,265 | 14,196 | 1,746 | 14,708 | - | - | - | - | - | - | - | - | - | 338 | 1,777 | 2,761 | |
46 |
4,232 | - | 10,409 | - | 19,790 | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
7,142 | 454 | 12,512 | 30,871 | 1,208 | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
7,142 | - | 10,512 | 30,871 | 1,208 | - | - | - | - | - | - | - | - | - | - | - | - | |
454/9 |
0 | 454 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
80,554 | 80,361 | 79,759 | 90,221 | 91,785 | - | - | - | - | - | - | - | - | - | - | - | 115,785 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 11,570 | - | - | - | 35,000 | - | 22,500 | |
76A |
- | - | - | - | - | - | - | - | - | - | 134 | - | - | - | 636 | - | - | |
9900 |
85,691 | 35,751 | 54,679 | 122,042 | 29,129 | -363 | -435 | -433 | -431 | -519 | -70,947 | -517 | -455 | -563 | -2,524 | -12,768 | -13,055 | |
60/61 |
- | - | - | - | - | 363 | -435 | -433 | -431 | -519 | -82,517 | -517 | -455 | -563 | 37,524 | -12,768 | 35,555 | |
62 |
25,391 | 16,280 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
9,236 | 9,915 | 9,281 | 6,534 | 123 | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,077 | 1,444 | 823 | 1,181 | 348 | 348 | 348 | 348 | 348 | 348 | 348 | 361 | 348 | 348 | 348 | 348 | 695 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 31 | - | |
9901 |
49,986 | 8,111 | 44,575 | 114,327 | 28,659 | -711 | -783 | -781 | -779 | -866 | -71,294 | -878 | -803 | -911 | -2,872 | -13,115 | -13,750 | |
75/76B |
638 | 601 | 441 | 873 | 109 | - | - | - | - | - | 3 | 6 | 20 | 34 | 5 | 1 | 27 | |
75 |
638 | 601 | 441 | 873 | 109 | - | - | - | - | - | 3 | 6 | 20 | 34 | 5 | 1 | 27 | |
65/66B |
3,494 | 3,228 | 2,989 | 396 | 124 | 21 | 17 | 15 | 12 | 12 | 0 | 12 | 23 | 20 | 211 | 222 | 275 | |
65 |
3,494 | 3,228 | 2,989 | 396 | 124 | 21 | 17 | 15 | 12 | 12 | 0 | 12 | 23 | 20 | 211 | 222 | 275 | |
9903 |
47,130 | 5,485 | 42,027 | 114,803 | 28,644 | -732 | -800 | -796 | -791 | -878 | -71,157 | -884 | -806 | -897 | -2,441 | -13,367 | -13,998 | |
67/77 |
15,669 | 1,785 | 14,093 | 30,743 | - | - | - | - | - | - | -4 | 1 | 5 | 7 | 1 | 0 | 1 | |
9904 |
31,460 | 3,700 | 27,934 | 84,061 | 28,644 | -732 | -800 | -796 | -791 | -878 | -71,153 | -886 | -811 | -904 | -2,442 | -13,367 | -13,998 | |
9905 |
31,460 | 3,700 | 27,934 | 84,061 | 28,644 | -732 | -800 | -796 | -791 | -878 | -71,153 | -886 | -811 | -904 | -2,442 | -13,367 | -13,998 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
36,609 | 8,848 | 33,082 | 5,148 | -78,912 | -107,556 | -106,825 | -106,025 | -105,229 | -104,438 | -103,560 | -32,408 | -31,522 | -30,711 | -29,808 | -27,366 | -13,998 | |
14P |
5,148 | 5,148 | 5,148 | -78,912 | -107,556 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
31,460 | 3,700 | 27,934 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
31,460 | 3,700 | 27,934 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
0.6 | 0.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
736 | 496 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.
2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404058.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00404058 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00321879 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00186237 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00147049 | |
| 31-12-2021 | micro format | 15-07-2022 | 2022-20188240 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43900354 | |
| 31-12-2019 | micro format | 17-06-2020 | 2020-18600346 | |
| 31-12-2018 | abbreviated format | 05-06-2019 | 2019-17800204 | |
| 31-12-2017 | abbreviated format | 31-05-2018 | 2018-15100272 | |
| 31-12-2016 | abbreviated format | 30-05-2017 | 2017-14000140 | |
| 31-12-2015 | abbreviated format | 24-05-2016 | 2016-13300090 | |
| 31-12-2014 | abbreviated format | 15-06-2015 | 2015-17500501 | |
| 31-12-2013 | abbreviated format | 05-06-2014 | 2014-15900600 | |
| 31-12-2012 | abbreviated format | 12-06-2013 | 2013-17400470 | |
| 31-12-2011 | abbreviated format | 31-05-2012 | 2012-14100028 | |
| 31-12-2010 | abbreviated format | 07-06-2011 | 2011-15400474 | |
| 31-12-2009 | abbreviated format | 18-06-2010 | 2010-20500116 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59,223 | 18,026 | 53,856 | 120,861 | 28,782 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 40,697 | 13,615 | 37,215 | 90,594 | 28,767 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 45,788 | 9,900 | 4,358 | 7,968 | 16,500 | - | - | - | - | - | - | - | - | - | - | - | 133,000 | ||
| 51,427 | 39,897 | -40,317 | 56,665 | 30,964 | -732 | -800 | - | - | -878 | 10,847 | -872 | -20,690 | -1,039 | 33,186 | -1,176 | - | ||
| 82,374 | 46,560 | 38,794 | 5,937 | -76,689 | - | - | - | - | - | - | - | - | - | 35,577 | 1,019 | -113,398 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | -8.2% | - | -61.1% | ||
| 45.7% | 32.9% | 30.7% | 16.2% | -89.8% | - | - | - | - | -374.1% | -356.6% | -14.5% | -13.5% | -10.4% | -9.5% | -7.3% | 3.7% | ||
| 1.81 | 1.43 | 1.33 | 1.05 | 0.40 | - | - | - | - | - | - | - | - | - | - | 1.57 | 0.04 | ||
| 1.72 | 1.31 | 1.25 | 0.98 | 0.40 | - | - | - | - | - | - | - | - | - | - | 1.57 | 0.04 | ||
| 1.19 | 2.04 | 2.26 | 5.17 | - | - | - | - | - | - | - | - | - | - | - | - | 25.76 | ||
| 36.2% | 6.7% | 54.0% | 354.0% | - | - | - | - | - | - | - | - | - | - | - | - | -304.2% | ||
| 16.6% | 2.2% | 16.6% | 57.3% | 42.6% | - | - | - | -15.3% | -3.8% | -298.7% | -0.9% | -0.8% | -0.8% | -2.1% | -11.1% | -11.4% | ||
| 16.95 | 5.59 | 18.02 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 days | - | 26 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3 days | - | 28 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| part-time | - | 0 |
| in full-time equivalents | - | 1 |
| 0.6 | 0.3 | |
| On a permanent contract | - | 1 |
| Joined | 0 | 1 |
| Left | 1 | 0 |
| Training hours | 124 | 24 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €45,788 | €9,750 | €1,673 | €6,018 | €16,500 |
| Intangible fixed assets | - | - | €2,685 | - | - |
| Financial fixed assets | - | €150 | - | €1,950 | - |
| €9,236 | €9,915 | €9,281 | €6,534 | €123 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 6.2 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 67.1% to 54.3%. Equity is higher and debt is lower.
VCOVERS has no parent and no holdings in its annual accounts. is the only director. VCOVERS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Melsbroekstraat 24 registered office 1930 Zaventem | 11-01-2022 | 2.326.263.205 |
| Industrielaan 1 3730 Hoeselt | 21-11-2022 | 2.338.122.543 |
| Onderwijslaan 8 3590 Diepenbeek | 25-09-2025 | 2.378.847.301 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73032G0256/00K000 | 3,236 m² | 1 · 1,132 m² | 8.0 m · 2 |
| 23057A0068/00A005 | 2,812 m² | 1 · 213 m² | 4.0 m · 1 |
| 71011I1385/00B000 | 2,174 m² | 1 · 246 m² | 7.3 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0808.101.258
If something looks wrong or is missing, please tell us.