Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
COVERCO from Hasselt, company number BE0873953865, closed financial year 2024 with a result of € -9,315 after tax. For that financial year COVERCO recorded a gross margin of € 7,409 and equity of € 17,249. Compared with financial year 2023, the result moved from € 4,734 to € -9,315. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 17,249
▼ 35% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,315
▼ still € 4,734 profit in 2023
Profit after tax over the fiscal year.
€ 27,440
▼ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,751.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15,793
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3,097
▼ 75% vs 2023
Loans from banks and other lenders, long and short.
€ 709
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,008
▲ 17% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 19,558 | € 15,418 | € 24,200 | € 7,409 | ▼ 69% |
| Profit after taxes | € -1,709 | € -4,847 | € 4,734 | € -9,315 | ▼ € 14,049 |
| Equity | € 26,676 | € 21,829 | € 26,564 | € 17,249 | ▼ 35% |
| Total debts | € 42,364 | € 32,039 | € 20,263 | € 11,482 | ▼ 43% |
| Cash | € 6,039 | € 2,139 | € 37,992 | € 27,440 | ▼ 28% |
| Retained profit | € 6,676 | € 1,829 | € 6,564 | € -2,751 | ▼ € 9,315 |
| Bank debt | € 38,000 | € 23,860 | € 12,350 | € 3,097 | ▼ 75% |
| Balance sheet total | € 105,377 | € 90,205 | € 83,163 | € 65,067 | ▼ 22% |
Key figures of COVERCO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to COVERCO?
What happened at COVERCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,315 (▼ € 14,049 vs 2023). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,709 loss in 2021 to € 9,315 loss in 2024.
Paid € 5,405 in corporate taxes since 2021.
Best year ever: 2023, with € 4,734 profit.
A new publication or filing at COVERCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
William Collett
Manager
Establishments
Establishment units
Physical locations of this company
Oude Kuringerbaan 58
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.953.865
- VAT number
- BE 0873.953.865
- Registered office
- Oude Kuringerbaan 58, 3500 Hasselt
- Names & denominations
- COVERCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2005
- Peppol
- Not registered