Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
COVERS TM from Beauraing, company number BE0565945609, closed financial year 2025 with a result of € -10,275 after tax. For that financial year COVERS TM recorded a gross margin of € 14,587 and equity of € 8,283. Compared with financial year 2024, the result moved from € -61,383 to € -10,275. The company made a loss. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 19, 2026.
€ 8,283
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,275
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,849
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -341,712.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,462
▲ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 185,000
Loans from banks and other lenders, long and short.
€ 67,900
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,198
▲ € 33,025 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,124 | € 27,893 | € -34,059 | € 14,587 | ▲ € 48,646 |
| Profit after taxes | € 10,110 | € 4,911 | € -61,383 | € -10,275 | ▲ € 51,108 |
| Equity | € 25,036 | € 79,941 | € 18,558 | € 8,283 | ▼ 55% |
| Total debts | € 182,953 | € 272,684 | € 266,738 | € 306,065 | ▲ 15% |
| Cash | - | € 136,550 | € 42,886 | € 7,849 | ▼ 82% |
| Retained profit | € -274,964 | € -270,054 | € -331,437 | € -341,712 | ▼ € 10,275 |
| Bank debt | € 35,053 | € 185,000 | € 185,000 | € 185,000 | |
| Balance sheet total | € 207,989 | € 352,625 | € 285,296 | € 314,348 | ▲ 10% |
Key figures of COVERS TM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COVERS TM?
What happened at COVERS TM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,275. Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,110 profit in 2022 to € 10,275 loss in 2025.
Paid € 865 in corporate taxes since 2022.
Best year ever: 2022, with € 10,110 profit.
Management
The stake of INVESTSUD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COVERS TMBehind COVERS TM is David Verscheure. The shares are held by INVESTSUD (28.6%).
Directors
According to the 2025 annual accounts
David Verscheure
Director
Shareholders
28.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Vieille,Br 51
5570 Beauraing
Rue de Fétinne 50
4020 Liège
Active since 27 October 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0565.945.609
- VAT number
- BE 0565.945.609
- Registered office
- Rue Vieille,Br 51, 5570 Beauraing
- Names & denominations
- COVERS TM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2014
- Peppol
- Active · Active since 10 Jun 2024
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