COFIPART

Inactive

KBO/BCE: BE 0837.914.011

Inactive; last annual accounts for fiscal year 2019.

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Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

No filing for years

The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 7 filings

Position against the passed deadline

31-12-2020 close31-07-2021 deadline25-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 09-07-2020, 22 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

22 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2019, full schema, statutory accounts

Turnover

€548k▲ 0.1%

2018 · €547k

2018: €547k

2018 → 2019

EBIT margin

27.5%▼ 4.0pp

2018 · 31.5%

2018: 31.5%

2018 → 2019

Net result

€-305k

2018 · €6.25M

2018: €6.25M

2018 → 2019

Working capital

€-14.14M▲ 4.5%

2018 · €-14.80M

2018: €-14.80M

2018 → 2019

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Turnover€547k-€548k▲ 0.1%

Equity€8.51M-€8.21M▼ 3.6%

Operating result€172k-€151k▼ 12.7%

Net result€6.25M-€-305k

Result per fiscal year

Operating resultNet result

The operating result falls in 2019; 2019 is 13% below 2018.

Balance-sheet composition

2019 in colour, 2018 as the grey bar beneath

Assets €29.49M

99.2%

Fixed assets €29.24M =

Current assets €243k ▲ 56.2%

Equity and liabilities €29.49M

27.8%

72.2%

Equity €8.21M ▼ 3.6%

Debt €21.28M ▲ 1.9%

Debt's share of the balance-sheet total rises from 71.0% to 72.2%. Equity is lower and debt is higher.

Key figures and ratios

2019 value · change against 2018

Current ratio

0.02▲

2018 · 0.01

Debt to equity

0.81▲

2018 · 0.68

ROE

-3.7%▼

2018 · 73.4%

ROA

-1.0%▼

2018 · 21.3%

Debt ≤ 1 year

€14.39M▼

2018 · €14.96M

Debt > 1 year

€6.62M▲

2018 · €5.79M

Income taxes

€578▼

2018 · €2k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines

Balance sheet Code20182019

Assets

Total assets20/58€29.40M€29.49M▲

Fixed assets21/28€29.24M€29.24M=

Financial fixed assets28€29.24M€29.24M=

Current assets29/58€156k€243k▲

Amounts receivable within one year40/41€113k€206k▲

Cash at bank and in hand54/58€42k€36k▼

Equity and liabilities

Total equity and liabilities10/49€29.40M€29.49M▲

Equity10/15€8.51M€8.21M▼

Contributions10/11€2.60M€2.60M=

Reserves13€260k€260k=

Profit (loss) carried forward14€5.65M€5.35M▼

Amounts payable17/49€20.89M€21.28M▲

Amounts payable after more than one year17€5.79M€6.62M▲

Amounts payable within one year42/48€14.96M€14.39M▼

Trade debts44€49k€5k▼

Income statement Code20182019

Turnover70€547k€548k▲

Operating profit (loss)9901€172k€151k▼

Recurring financial income75€0€0▲

Recurring financial charges65€388k€455k▲

Debt charges650€388k€455k▲

Profit (loss) for the period before taxes9903€6.25M€-305k▼

Income taxes67/77€2k€578▼

Profit (loss) for the period9904€6.25M€-305k▼

Profit (loss) for the period to be appropriated9905€6.25M€-305k▼