Summary
COMVANCO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €1.5m and a net result of €264,610. Its solvency ranks better than 95% of 5,844 sector peers (NACE 73, financial year 2020). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2020, micro format
2021 annual accounts not yet filed, deadline passed on 31 January 2022 Financial year closed on 30 June 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 14 October 2026.
2019 to 2020, 2 financial years 2019 to 2020, 2 financial years
The operating result rises in 2020; 2020 is 27% above 2019.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €724 | €264 | ▼ 63.6% |
| Gross operating margin9900 | €320,058 | €404,400 | ▲ 26.4% |
| Operating profit (loss)9901 | €319,189 | €403,975 | ▲ 26.6% |
| Recurring financial income75 | €11,959 | €6,755 | ▼ 43.5% |
| Recurring financial charges65 | €2,795 | €1,546 | ▼ 44.7% |
| Profit (loss) for the period before taxes9903 | €328,353 | €409,185 | ▲ 24.6% |
| Income taxes67/77 | €105,987 | €144,574 | ▲ 36.4% |
| Profit (loss) for the period9904 | €222,366 | €264,610 | ▲ 19.0% |
| Profit (loss) for the period to be appropriated9905 | €222,366 | €264,610 | ▲ 19.0% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.3m | €1.6m | ▲ 20.2% |
| Fixed assets21/28 | €0.6m | €0.6m | = |
| Tangible fixed assets22/27 | €0.001m | €264 | ▼ 50.0% |
| Financial fixed assets28 | €0.6m | €0.6m | = |
| Current assets29/58 | €0.7m | €1.0m | ▲ 37.9% |
| Amounts receivable within one year40/41 | €0.2m | €0.07m | ▼ 72.0% |
| Cash at bank and in hand54/58 | €0.009m | €0.5m | ▲ 5,146% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.3m | €1.6m | ▲ 20.2% |
| Equity10/15 | €1.2m | €1.5m | ▲ 21.4% |
| Contributions10/11 | €0.08m | - | - |
| Reserves13 | €1.2m | €1.4m | ▲ 22.8% |
| Amounts payable17/49 | €0.09m | €0.09m | ▲ 3.3% |
| Amounts payable within one year42/48 | €0.09m | €0.09m | ▲ 4.5% |
| Trade debts44 | €0.005m | €0.004m | ▼ 6.7% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €222,366 | €264,610 | ▲ 19.0% |
| + Depreciation and write-downs630 | €724 | €264 | ▼ 63.6% |
| Operating cash flow (approximation) | €223,090 | €264,874 | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €442,128 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2020 | micro format | 04-12-2020 | 2020-74700153 |
| 30-06-2019 | abbreviated format | 29-11-2019 | 2019-74700263 |
| 30-06-2018 | abbreviated format | 20-12-2018 | 2018-75400362 |
| 30-06-2017 | abbreviated format | 09-01-2018 | 2018-00800175 |
| 30-06-2016 | abbreviated format | 23-12-2016 | 2016-71500526 |
| 30-06-2015 | abbreviated format | 30-11-2015 | 2015-67700459 |
| 30-06-2014 | abbreviated format | 04-12-2014 | 2014-68500040 |
| 30-06-2013 | abbreviated format | 28-11-2013 | 2013-67200413 |
| 30-06-2012 | abbreviated format | 04-12-2012 | 2012-65800343 |
| 30-06-2011 | abbreviated format | 20-12-2011 | 2011-64300297 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.