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COMPED

Inactive
KBO/BCE: BE 0887.535.845

COMPED was declared bankrupt on 24-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 15-04-2025, published in the Belgian Official Gazette on 23-04-2025.

Summary

Inactive; last annual accounts for financial year 2021.

COMPEDInactive

Financials · financial year 2021, micro format

2021 annual accounts filed late (31 days) Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20412683.

Equity
€5,410
2019 · -€366
Total assets
€8,246▼ 17.9%
2019 · €10,042
Net result
€974▲ 231%
2019 · €294
Working capital
€4,037
2019 · -€541
Trend over the years

2018 to 2021, 3 financial years 2018 to 2021, 3 financial years

The operating result is -€83 in 2021, compared with €341 in 2019. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€83 2021 Net result€974 2021

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192021
Operating result-€5,097-€341-€83-
Net result-€5,184-€294€974-
Equity-€5,060--€366▲ 92.8%€5,410-
Total assets€9,685-€10,042▲ 3.7%€8,246-
Debt€14,745-€10,408▼ 29.4%€2,836-
Working capital-€5,235--€541▲ 89.7%€4,037-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €8,246
Fixed assets €1,373 ▲ 685%
Current assets €6,873 ▼ 30.3%
Equity and liabilities €8,246
Equity €5,410
Debt €2,836
Debt finances 34.4% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2019
EBITDA
-€51
Cash flow
€1,006
Current ratio
2.42▲
2019 · 0.95
Quick ratio
2.04▲
2019 · 0.74
Debt to equity
0.52
ROE
18.0%
ROA
11.8%▲
2019 · 2.9%
Interest coverage
-0.76
Debt ≤ 1 year
€2,836▼
2019 · €10,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2019 · 40 lines
Balance sheet Code20192021
Assets
Total assets20/58€10,042€8,246▼
Fixed assets21/28€175€1,373▲
Tangible fixed assets22/27-€1,198
Other tangible fixed assets26-€1,198
Financial fixed assets28€175€175=
Current assets29/58€9,867€6,873▼
Stocks and contracts in progress3€2,160€1,099▼
Stocks30/36-€1,099
Amounts receivable within one year40/41€6,262€1,499▼
Trade receivables40-€1,499
Cash at bank and in hand54/58€1,445€3,629▲
Deferred charges and accrued income490/1-€646
Equity and liabilities
Total equity and liabilities10/49€10,042€8,246▼
Equity10/15-€366€5,410▲
Contributions10/11€18,600€18,600=
Reserves13€18€18=
Non-distributable reserves130/1-€18
Reserves not available under the articles1311-€18
Profit (loss) carried forward14-€18,984-€13,208▲
Amounts payable17/49€10,408€2,836▼
Amounts payable within one year42/48€10,408€2,836▼
Trade debts44€2,198€405▼
Suppliers440/4-€405
Taxes, remuneration and social security45-€2,347
Taxes450/3-€2,347
Other amounts payable47/48-€84
Income statement Code20192021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32
Other operating charges640/8-€1,485
Gross operating margin9900€1,057€1,434▲
Operating profit (loss)9901€341-€83▼
Financial income75/76B-€1,124
Recurring financial income75-€1,124
Non-recurring financial income76B-€1,124
Financial charges65/66B-€67
Recurring financial charges65€47€67▲
Profit (loss) for the period before taxes9903€294€974▲
Profit (loss) for the period9904€294€974▲
Profit (loss) for the period to be appropriated9905€294€974▲
Appropriation of the result
Profit (loss) to be appropriated9906--€13,208
Profit (loss) brought forward from the previous period14P--€14,182

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€32-
Other operating charges640/8--€1,485-
Gross operating margin9900-€3,704€1,057€1,434-
Operating profit (loss)9901-€5,097€341-€83-
Financial income75/76B--€1,124-
Recurring financial income75--€1,124-
Non-recurring financial income76B--€1,124-
Financial charges65/66B--€67-
Recurring financial charges65€87€47€67-
Profit (loss) for the period before taxes9903-€5,184€294€974-
Profit (loss) for the period9904-€5,184€294€974-
Profit (loss) for the period to be appropriated9905-€5,184€294€974-
Line201820192021Change
Assets
Total assets20/58€9,685€10,042€8,246-
Fixed assets21/28€175€175€1,373-
Tangible fixed assets22/27--€1,198-
Other tangible fixed assets26--€1,198-
Financial fixed assets28€175€175€175-
Current assets29/58€9,510€9,867€6,873-
Stocks and contracts in progress3€2,320€2,160€1,099-
Stocks30/36--€1,099-
Amounts receivable within one year40/41€6,837€6,262€1,499-
Trade receivables40--€1,499-
Cash at bank and in hand54/58€353€1,445€3,629-
Deferred charges and accrued income490/1--€646-
Equity and liabilities
Total equity and liabilities10/49€9,685€10,042€8,246-
Equity10/15-€5,060-€366€5,410-
Contributions10/11€14,200€18,600€18,600-
Reserves13€18€18€18-
Non-distributable reserves130/1--€18-
Reserves not available under the articles1311--€18-
Profit (loss) carried forward14-€19,278-€18,984-€13,208-
Amounts payable17/49€14,745€10,408€2,836-
Amounts payable within one year42/48€14,745€10,408€2,836-
Trade debts44€1,845€2,198€405-
Suppliers440/4--€405-
Taxes, remuneration and social security45--€2,347-
Taxes450/3--€2,347-
Other amounts payable47/48--€84-
Line201820192021Change
Profit (loss) for the period9904-€5,184€294€974-
+ Depreciation and write-downs630--€32-
Operating cash flow (approximation)-€5,184€294€1,006-
Investment in fixed assets (approximation)-€0--
Change in cash-€1,092--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2021 micro format 31-08-2022 2022-20412683
31-12-2019 micro format 30-11-2020 2020-72900567
31-12-2018 micro format 26-12-2019 2019-77500122
31-12-2017 micro format 18-12-2018 2018-74600142
31-12-2015 abbreviated format 29-12-2016 2016-71800213
31-12-2014 abbreviated format 31-08-2015 2015-50100525
31-12-2013 abbreviated format 29-08-2014 2014-52300063
31-12-2012 abbreviated format 30-09-2013 2013-60500138
31-12-2011 abbreviated format 28-09-2012 2012-58100596
31-12-2010 abbreviated format 29-09-2011 2011-55700069

Show all 13 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.