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govoe

Active
Private limited company (pre-2019)founded 2003active for 23 yearsKBO/BCE: BE 0859.708.921
Summary

The computed 12-month bankruptcy probability of govoe is 15.4% (high). For govoe, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €5,798 and a net result of -€1,618. Equity is growing by about 67% per year across the filed financial years. The company has been active since 2003 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 23 October 2026.

Equity
€5,798▼ 21.8%
2022 · €7,416
Total assets
€7,651▼ 35.8%
2022 · €11,914
Net result
-€1,618
2022 · €3,034
Working capital
€5,798▼ 21.8%
2022 · €7,416
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result turns negative in 2023: a loss of €759 after €6,155 in 2022, the lowest result in the available series.

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

Operating result-€759 2023 Net result-€1,618 2023

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

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result€5,928-€5,637▼ 4.9%€2,245▼ 60.2%€12,170▲ 442%€6,155▼ 49.4%-€759
Net result€2,020-€1,891▼ 6.4%-€1,105€7,491€3,034▼ 59.5%-€1,618
Equity-€3,894--€2,003▲ 48.6%-€3,108▼ 55.2%€4,383€7,416▲ 69.2%€5,798▼ 21.8%
Total assets€11,178-€17,367▲ 55.4%€12,678▼ 27.0%€14,081▲ 11.1%€11,914▼ 15.4%€7,651▼ 35.8%
Debt€15,073-€19,370▲ 28.5%€15,786▼ 18.5%€9,698▼ 38.6%€4,498▼ 53.6%€1,853▼ 58.8%
Working capital-€4,970--€3,078▲ 38.1%-€4,184▼ 35.9%€3,307€7,416▲ 124%€5,798▼ 21.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €7,651
Equity €5,798 ▼ 21.8%
Debt €1,853 ▼ 58.8%
Debt's share of the balance-sheet total falls from 37.8% to 24.2%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
Current ratio
4.13▲
2022 · 2.65
Debt to equity
0.32▼
2022 · 0.61
ROE
-27.9%▼
2022 · 40.9%
ROA
-21.1%▼
2022 · 25.5%
Debt ≤ 1 year
€1,853▼
2022 · €4,498
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 · 2023 against 2022 · 32 lines
Balance sheet Code20222023
Assets
Total assets20/58€11,914€7,651▼
Current assets29/58€11,914€7,651▼
Amounts receivable within one year40/41€7,649€7,651=
Other amounts receivable41€7,649€7,651=
Cash at bank and in hand54/58€4,265-
Equity and liabilities
Total equity and liabilities10/49€11,914€7,651▼
Equity10/15€7,416€5,798▼
Contributions10/11€6,200€6,200=
Reserves13€2,473€2,473=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€613€613=
Profit (loss) carried forward14-€1,256-€2,874▼
Amounts payable17/49€4,498€1,853▼
Amounts payable within one year42/48€4,498€1,853▼
Trade debts44€110€905▲
Suppliers440/4€110€905▲
Taxes, remuneration and social security45€4,388€948▼
Taxes450/3€4,388€948▼
Income statement Code20222023
Other operating charges640/8€413-
Gross operating margin9900€6,568-€759▼
Operating profit (loss)9901€6,155-€759▼
Financial income75/76B€21-
Recurring financial income75€21-
Financial charges65/66B€2,194€859▼
Recurring financial charges65€2,194€859▼
Profit (loss) for the period before taxes9903€3,982-€1,618▼
Income taxes67/77€948-
Profit (loss) for the period9904€3,034-€1,618▼
Profit (loss) for the period to be appropriated9905€3,034-€1,618▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,256-€2,874▼
Profit (loss) brought forward from the previous period14P-€4,290-€1,256▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,635------
Other operating charges640/8---€1,099€413--
Gross operating margin9900€11,151€6,579€3,062€13,269€6,568-€759-
Operating profit (loss)9901€5,928€5,637€2,245€12,170€6,155-€759-
Financial income75/76B---€49€21--
Recurring financial income75€22€0€85€49€21--
Financial charges65/66B---€2,066€2,194€859▼ 60.8%
Recurring financial charges65€2,006€2,408€2,407€2,066€2,194€859▼ 60.8%
Profit (loss) for the period before taxes9903€3,944€3,228-€77€10,152€3,982-€1,618-
Income taxes67/77€1,924€1,337€1,028€2,661€948--
Profit (loss) for the period9904€2,020€1,891-€1,105€7,491€3,034-€1,618-
Profit (loss) for the period to be appropriated9905€2,020€1,891-€1,105€7,491€3,034-€1,618-
Line201820192020202120222023Change
Assets
Total assets20/58€11,178€17,367€12,678€14,081€11,914€7,651▼ 35.8%
Fixed assets21/28€1,076€1,076€1,076€1,076---
Financial fixed assets28€1,076€1,076€1,076€1,076---
Current assets29/58€10,103€16,291€11,603€13,005€11,914€7,651▼ 35.8%
Stocks and contracts in progress3€100€106€183€215---
Stocks30/36---€215---
Amounts receivable within one year40/41€7,893€14,541€8,979€10,388€7,649€7,651=
Trade receivables40---€5,611---
Other amounts receivable41---€4,778€7,649€7,651=
Cash at bank and in hand54/58€1,985€1,645€1,645€1,645€4,265--
Deferred charges and accrued income490/1---€757---
Equity and liabilities
Total equity and liabilities10/49€11,178€17,367€12,678€14,081€11,914€7,651▼ 35.8%
Equity10/15-€3,894-€2,003-€3,108€4,383€7,416€5,798▼ 21.8%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200=
Reserves13€2,473€2,473€2,473€2,473€2,473€2,473=
Non-distributable reserves130/1---€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860=
Distributable reserves133---€613€613€613=
Profit (loss) carried forward14-€12,567-€10,676-€11,781-€4,290-€1,256-€2,874▼ 129%
Amounts payable17/49€15,073€19,370€15,786€9,698€4,498€1,853▼ 58.8%
Amounts payable within one year42/48€15,073€19,370€15,786€9,698€4,498€1,853▼ 58.8%
Financial debts43---€4,611---
Credit institutions430/8---€4,611---
Trade debts44€3,575€4,064€2,610€1,397€110€905▲ 726%
Suppliers440/4---€1,397€110€905▲ 726%
Taxes, remuneration and social security45---€3,689€4,388€948▼ 78.4%
Taxes450/3---€3,689€4,388€948▼ 78.4%
Line201820192020202120222023Change
Profit (loss) for the period9904€2,020€1,891-€1,105€7,491€3,034-€1,618-
+ Depreciation and write-downs630€3,635------
Operating cash flow (approximation)€5,654€1,891-€1,105€7,491€3,034-€1,618-
Investment in fixed assets (approximation)-€0€0€0---
Change in cash--€340€0€0€2,620--

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

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 26-07-2024 2024-00286082
31-12-2022 micro format 31-08-2023 2023-00388637
31-12-2021 micro format 26-07-2022 2022-20220383
31-12-2020 micro format 27-08-2021 2021-54500070
31-12-2019 micro format 23-07-2020 2020-32500379
31-12-2018 micro format 25-07-2019 2019-37700403
31-12-2017 micro format 27-07-2018 2018-38300002
31-12-2016 micro format 21-08-2017 2017-46500138
31-12-2015 abbreviated format 26-08-2016 2016-50000215
31-12-2014 abbreviated format 31-08-2015 2015-52500496

Show all 20 filings

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