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COVYN ELECTRONICS

Active
Private limited company (pre-2019)founded 1992active for 34 yearsAlverdries 46, 1653 Beersel, BelgiumKBO/BCE: BE 0448.119.709

Financials · financial year 2020, micro format

2021 annual accounts not yet filed, deadline passed on 31 July 2022 The financial year closed on 31 December 2021. The accounts are 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 2 November 2026.

Annual accounts 2020 filed on 19-05-2021 PDF all 29 filings

Equity
-€30,143▼ 14.3%
2019 · -€26,360
Total assets
€1,236▼ 79.8%
2019 · €6,126
Net result
-€1,646▲ 86.0%
2019 · -€11,748
Working capital
-€11,551▼ 44.1%
2019 · -€8,014
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result for 2020 is a loss of €840, smaller than the loss of €9,857 in 2019.

Operating result-€840 2020 Net result-€1,646 2020

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Operating result-€10,508--€9,857▲ 6.2%-€840▲ 91.5%
Net result-€10,447--€11,748▼ 12.5%-€1,646▲ 86.0%
Equity-€14,612--€26,360▼ 80.4%-€30,143▼ 14.3%
Total assets€6,931-€6,126▼ 11.6%€1,236▼ 79.8%
Debt€21,543-€32,485▲ 50.8%€31,378▼ 3.4%
Working capital€3,732--€8,014-€11,551▼ 44.1%
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€12,786▼
2019 · €13,893
Debt > 1 year
€18,592=
2019 · €18,592
Income taxes
€455▼
2019 · €538
The ratios are withheld because a balance sheet total of €1,236 is too small for a meaningful ratio.
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 · 2020 against 2019 · 39 lines

Source: Annual accounts 2020 (PDF), filed on 19-05-2021.

Balance sheet Code20192020
Assets
Total assets20/58€6,126€1,236▼
Fixed assets21/28€248€0▼
Financial fixed assets28€248€0▼
Current assets29/58€5,879€1,236▼
Amounts receivable within one year40/41€5,518€1,196▼
Trade receivables40€4,292-
Other amounts receivable41€1,225-
Cash at bank and in hand54/58€361€39▼
Equity and liabilities
Total equity and liabilities10/49€6,126€1,236▼
Equity10/15-€26,360-€30,143▼
Contributions10/11€18,592-
Capital10€18,592-
Issued capital100€18,592-
Reserves13€3,996€1,859▼
Legal reserve130€1,859-
Tax-exempt reserves132€2,137-
Profit (loss) carried forward14-€48,948-€50,594▼
Amounts payable17/49€32,485€31,378▼
Amounts payable after more than one year17€18,592€18,592=
Financial debts170/4€18,592-
Amounts payable within one year42/48€13,893€12,786▼
Trade debts44€8,009€8,560▲
Suppliers440/4€8,009-
Taxes, remuneration and social security45€538-
Taxes450/3€538-
Other amounts payable47/48€5,346-
Income statement Code20192020
Other operating charges640/8€348-
Gross operating margin9900-€9,509-€840▲
Operating profit (loss)9901-€9,857-€840▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1,353-
Recurring financial charges65€1,353€351▼
Profit (loss) for the period before taxes9903-€11,210-€1,191▲
Income taxes67/77€538€455▼
Profit (loss) for the period9904-€11,748-€1,646▲
Profit (loss) for the period to be appropriated9905-€11,748-€1,646▲
Appropriation of the result
Profit (loss) to be appropriated9906-€48,948-
Profit (loss) brought forward from the previous period14P-€37,200-
Line201820192020Change
Other operating charges640/8-€348--
Gross operating margin9900-€10,160-€9,509-€840▲ 91.2%
Operating profit (loss)9901-€10,508-€9,857-€840▲ 91.5%
Financial income75/76B-€0--
Recurring financial income75€144€0--
Financial charges65/66B-€1,353--
Recurring financial charges65€83€1,353€351▼ 74.1%
Profit (loss) for the period before taxes9903-€10,447-€11,210-€1,191▲ 89.4%
Income taxes67/77-€538€455▼ 15.5%
Profit (loss) for the period9904-€10,447-€11,748-€1,646▲ 86.0%
Profit (loss) for the period to be appropriated9905-€10,447-€11,748-€1,646▲ 86.0%
Line201820192020Change
Assets
Total assets20/58€6,931€6,126€1,236▼ 79.8%
Fixed assets21/28€248€248€0▼ 100%
Financial fixed assets28€248€248€0▼ 100%
Current assets29/58€6,683€5,879€1,236▼ 79.0%
Amounts receivable within one year40/41€5,167€5,518€1,196▼ 78.3%
Trade receivables40-€4,292--
Other amounts receivable41-€1,225--
Cash at bank and in hand54/58€1,516€361€39▼ 89.1%
Equity and liabilities
Total equity and liabilities10/49€6,931€6,126€1,236▼ 79.8%
Equity10/15-€14,612-€26,360-€30,143▼ 14.3%
Contributions10/11€18,592€18,592--
Capital10-€18,592--
Issued capital100-€18,592--
Reserves13€3,996€3,996€1,859▼ 53.5%
Legal reserve130-€1,859--
Tax-exempt reserves132-€2,137--
Profit (loss) carried forward14-€37,200-€48,948-€50,594▼ 3.4%
Amounts payable17/49€21,543€32,485€31,378▼ 3.4%
Amounts payable after more than one year17€18,592€18,592€18,592=
Financial debts170/4-€18,592--
Amounts payable within one year42/48€2,951€13,893€12,786▼ 8.0%
Trade debts44€2,951€8,009€8,560▲ 6.9%
Suppliers440/4-€8,009--
Taxes, remuneration and social security45-€538--
Taxes450/3-€538--
Other amounts payable47/48-€5,346--
Line201820192020Change
Profit (loss) for the period9904-€10,447-€11,748-€1,646▲ 86.0%
Operating cash flow (approximation)-€10,447-€11,748-€1,646▲ 86.0%
Investment in fixed assets (approximation)--€0€248-
Change in cash--€1,155-€322▲ 72.1%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2020 micro format 19-05-2021 2021-14600133 PDF
31-12-2019 micro format 31-03-2021 2021-09400015 PDF
31-12-2018 micro format 19-12-2019 2019-77000336 PDF
31-12-2017 micro format 27-08-2018 2018-52100161 PDF
31-12-2016 micro format 29-08-2017 2017-57300501 PDF
31-12-2015 abbreviated format 30-08-2016 2016-52800187 PDF
31-12-2014 abbreviated format 28-08-2015 2015-55100538 PDF
31-12-2013 abbreviated format 29-08-2014 2014-53700139 PDF
31-12-2012 abbreviated format 11-07-2013 2013-30900123 PDF
31-12-2011 abbreviated format 31-08-2012 2012-54900550 PDF

Show all 29 filings

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