Couvimo
ActiveFinancials · financial year 2025, full format
2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399680.
Annual accounts 2025 filed on 13-08-2026 at the NBB all 47 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €439,678, after a loss of €121,943 in 2024. It is the highest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Comparable companies
These companies have the same main activity as Couvimo: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.1m and €6.8m, founded between 1983 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| Couvimo Couvin | 1977 | €3.2m | €2.6m | - | €0.4m | €0.3m | 4.3 | 2025 |
| K. Dierick Schilde | 1983 | €4.6m | €1.3m | - | €0.4m | -€0.006m | 3.8 | 2025 |
| MOLINA Namur | 1988 | €3.3m | €1.2m | €0.6m | €0.7m | €0.1m | - | 2025 |
| LIBO - G.V.d.B. Lier | 1987 | €6.8m | €6.2m | - | €1.1m | €0.8m | 5.6 | 2025 |
| CARTARGO Beveren-Kruibeke-Zwijndrecht | 2000 | €5.4m | €4.0m | - | €1.5m | €0.5m | 3.8 | 2025 |
| IUSINVEST Maasmechelen | 2003 | €2.3m | €1.7m | €0.3m | €0.5m | €0.1m | 2.3 | 2025 |
| RENOVATION - MAINTENANCE ET GESTION D'IMMEUBLES Sint-Jans-Molenbeek | 1985 | €1.1m | €0.7m | €0.3m | €0.3m | €0.09m | 3 | 2025 |
They were chosen from the 7,230 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as Couvimo has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Couvimo itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Couvimo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.5m | €0.5m | €0.7m | €0.6m | €1.1m | ▲ 89.3% |
| Turnover70 | - | - | - | - | - | - | €0.4m | €0.4m | ▲ 3.4% |
| Other operating income74 | - | - | - | €0.5m | €0.5m | €0.7m | €0.1m | €0.5m | ▲ 234% |
| Non-recurring operating income76A | - | - | - | - | - | - | - | €0.1m | - |
| Operating charges60/66A | - | - | - | €0.4m | €0.5m | €0.5m | €0.7m | €0.6m | ▼ 9.5% |
| Services and other goods61 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 31.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.07m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.05m | €0.05m | €0.06m | €0.06m | ▼ 8.0% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | -€0.05m | €0.07m | €0.03m | €0.03m | €0.01m | €0.2m | -€0.1m | €0.4m | - |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.008m | €0.02m | €0.01m | ▼ 42.7% |
| Recurring financial income75 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.008m | €0.02m | €0.01m | ▼ 42.7% |
| Other financial income752/9 | - | - | - | €0.01m | €0.01m | €0.008m | €0.02m | €0.01m | ▼ 42.7% |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.007m | €0.009m | €0.008m | ▼ 16.6% |
| Recurring financial charges65 | €0.009m | €0.02m | €0.02m | €0.01m | €0.01m | €0.007m | €0.009m | €0.008m | ▼ 16.6% |
| Debt charges650 | €0.009m | €0.02m | €0.02m | €0.01m | €0.01m | €0.007m | €0.009m | €0.008m | ▼ 16.6% |
| Other financial charges652/9 | - | - | - | €285 | €8 | €0 | - | €0 | - |
| Profit (loss) for the period before taxes9903 | -€0.04m | €0.06m | €0.03m | €0.03m | €0.01m | €0.2m | -€0.1m | €0.4m | - |
| Transfer from deferred taxes780 | - | - | - | €0.001m | €0.001m | €0.001m | €0.04m | €0.005m | ▼ 86.2% |
| Transfer to deferred taxes680 | - | - | - | - | - | €0.04m | €0.02m | €0.1m | ▲ 776% |
| Income taxes67/77 | - | €0.004m | €0.007m | €0.009m | €0.005m | €0.02m | €417 | €0.001m | ▲ 34.9% |
| Taxes670/3 | - | - | - | €0.009m | €0.005m | €0.02m | €417 | €0.001m | ▲ 34.9% |
| Profit (loss) for the period9904 | -€0.04m | €0.06m | €0.02m | €0.02m | €0.006m | €0.1m | -€0.09m | €0.3m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.003m | €0.003m | €0.004m | €0.1m | €0.01m | ▼ 88.2% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €0.1m | €0.05m | €0.4m | ▲ 776% |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | €0.07m | €0.02m | €0.02m | €0.009m | €0.02m | -€0.02m | -€0.1m | ▼ 375% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.6m | €3.5m | €3.4m | €3.4m | €3.2m | €3.1m | €2.9m | €3.2m | ▲ 11.7% |
| Fixed assets21/28 | €2.5m | €2.4m | €2.3m | €2.2m | €2.2m | €1.7m | €1.8m | €1.7m | ▼ 2.5% |
| Tangible fixed assets22/27 | €2.5m | €2.4m | €2.3m | €2.2m | €2.2m | €1.7m | €1.8m | €1.7m | ▼ 2.5% |
| Land and buildings22 | - | - | - | €2.2m | €2.2m | €1.7m | €1.6m | €1.6m | ▼ 0.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.002m | €0.001m | ▼ 21.2% |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.003m | €0.02m | €0.02m | €0.02m | ▼ 1.6% |
| Leasing and similar rights25 | - | - | - | - | €0.03m | €0.03m | €0.1m | €0.09m | ▼ 24.9% |
| Current assets29/58 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | €1.3m | €1.1m | €1.5m | ▲ 33.6% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.1m | €1.1m | €1.1m | €1.1m | €0.9m | €0.6m | €1.0m | €1.1m | ▲ 5.4% |
| Trade receivables40 | - | - | - | €0.001m | €0.001m | €0.001m | €387 | €0.05m | ▲ 130× |
| Other amounts receivable41 | - | - | - | €1.1m | €0.9m | €0.6m | €1.0m | €1.0m | ▲ 0.6% |
| Current investments50/53 | - | - | - | - | - | €0.5m | €0 | - | - |
| Other investments51/53 | - | - | - | - | - | €0.5m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.02m | €0.009m | €0.03m | €0.04m | €0.2m | €0.1m | €0.4m | ▲ 335% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.005m | €0.01m | €0.007m | €0.003m | ▼ 63.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.6m | €3.5m | €3.4m | €3.4m | €3.2m | €3.1m | €2.9m | €3.2m | ▲ 11.7% |
| Equity10/15 | €2.2m | €2.3m | €2.3m | €2.3m | €2.3m | €2.4m | €2.3m | €2.6m | ▲ 12.9% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.7m | ▲ 142% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.2m | €0.09m | €0.5m | ▲ 468% |
| Distributable reserves133 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Profit (loss) carried forward14 | €0.6m | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 17.4% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.05m | €0.03m | €0.2m | ▲ 465% |
| Deferred taxes168 | - | - | - | €0.02m | €0.02m | €0.05m | €0.03m | €0.2m | ▲ 465% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.1m | €1.0m | €0.8m | €0.6m | €0.5m | €0.4m | ▼ 19.2% |
| Amounts payable after more than one year17 | €0.9m | €0.8m | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | €0.2m | ▼ 33.8% |
| Financial debts170/4 | - | - | - | €0.5m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 33.5% |
| Leasing and similar obligations172 | - | - | - | - | €0.02m | €0.02m | €0.09m | €0.06m | ▼ 33.2% |
| Credit institutions173 | - | - | - | €0.5m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 33.7% |
| Other amounts payable178/9 | - | - | - | €0.007m | €0.01m | €0.01m | €0.01m | €0.008m | ▼ 40.8% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.09m | €0.09m | €0.1m | €0.1m | ▲ 1.2% |
| Trade debts44 | €0.05m | €0.1m | €0.1m | €0.1m | €0.06m | €0.07m | €0.04m | €0.05m | ▲ 29.4% |
| Suppliers440/4 | - | - | - | €0.1m | €0.06m | €0.07m | €0.04m | €0.05m | ▲ 29.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.03m | €0.02m | €0.03m | ▲ 42.4% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.02m | €0.004m | €0.001m | ▼ 69.6% |
| Remuneration and social security454/9 | - | - | - | €0.005m | €0.02m | €0.02m | €0.01m | €0.03m | ▲ 71.2% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €40 | €0 | €0.001m | €0.001m | ▲ 3.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,223 | €61,853 | €19,377 | €21,480 | €6,029 | €127,956 | -€91,486 | €302,774 | - |
| + Depreciation and write-downs630 | €105,308 | €130,743 | €135,087 | €133,724 | €126,004 | €114,403 | €145,583 | €147,721 | ▲ 1.5% |
| Operating cash flow (approximation) | €63,085 | €192,597 | €154,465 | €155,205 | €132,033 | €242,359 | €54,096 | €450,495 | ▲ 733% |
| Investment in fixed assets (approximation) | - | -€89,366 | -€42,485 | -€23,802 | -€119,964 | €380,990 | -€191,477 | -€102,932 | ▲ 46.2% |
| Change in cash | - | €2,682 | -€8,488 | €17,668 | €9,706 | €154,524 | -€91,488 | €333,833 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 13-08-2026 | 2026-00399680 | NBB |
| 31-12-2024 | full format | 08-08-2025 | 2025-00367118 | |
| 31-12-2023 | full format | 15-07-2024 | 2024-00251466 | |
| 31-12-2022 | full format | 27-07-2023 | 2023-00311070 | |
| 31-12-2021 | full format | 19-07-2022 | 2022-20210190 | |
| 31-12-2020 | full format | 20-07-2021 | 2021-39400287 | |
| 31-12-2019 | full format | 31-08-2020 | 2020-48700384 | |
| 31-12-2018 | full format | 16-07-2019 | 2019-34200030 | |
| 31-12-2017 | full format | 27-08-2018 | 2018-51100308 | |
| 31-12-2016 | full format | 12-07-2017 | 2017-31000390 |