KOUVERT
InactiveFinancials · financial year 2023, abbreviated format
Equity
€17,284▲ 5.3%
2022 · €16,417
Total assets
€1.4m▲ 16.8%
2022 · €1.2m
Net result
€867▼ 2.0%
2022 · €885
Working capital
-€1.2m▼ 9.0%
2022 · -€1.1m
Trend over the years
2021 to 2023, 3 financial years
The operating result has risen two years in a row; 2023 is 13% above 2022 and is the highest 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€0.002m
2023
Net result€0.001m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2023
Equity€0.02m
2023
Debt€1.3m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.2m
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
Line202120222023
Operating result-€0.001m-€0.001m€0.002m▲ 13.3%
Net result-€0.003m-€0.001m€0.001m▼ 2.0%
Equity€0.02m-€0.02m▲ 5.7%€0.02m▲ 5.3%
Total assets€1.1m-€1.2m▲ 2.0%€1.4m▲ 16.8%
Debt€1.1m-€1.1m▲ 2.0%€1.3m▲ 16.9%
Working capital-€1.1m--€1.1m▲ 0.1%-€1.2m▼ 9.0%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.2m ▲ 9.0%
Current assets
€139,292 ▲ 210%
Equity and liabilities €1.4m
Equity
€17,284 ▲ 5.3%
Debt
€1.3m ▲ 16.9%
Debt's share of the balance-sheet total rises from 98.6% to 98.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.10▲
2022 · 0.04
Quick ratio
0.00▼
2022 · 0.00
Debt to equity
77.35▲
2022 · 69.65
ROE
5.0%▼
2022 · 5.4%
ROA
0.1%▼
2022 · 0.1%
Debt ≤ 1 year
€1.3m▲
2022 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €348 | €423 | €1,242 | ▲ 193% |
| Gross operating margin9900 | -€1,042 | €1,790 | €2,790 | ▲ 55.9% |
| Operating profit (loss)9901 | -€1,389 | €1,367 | €1,548 | ▲ 13.3% |
| Financial charges65/66B | €1,679 | €482 | €681 | ▲ 41.4% |
| Recurring financial charges65 | €1,679 | €482 | €681 | ▲ 41.4% |
| Profit (loss) for the period before taxes9903 | -€3,068 | €885 | €867 | ▼ 2.0% |
| Profit (loss) for the period9904 | -€3,068 | €885 | €867 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | -€3,068 | €885 | €867 | ▼ 2.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.1m | €1.2m | €1.4m | ▲ 16.8% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.2m | ▲ 9.0% |
| Financial fixed assets28 | €1.1m | €1.1m | €1.2m | ▲ 9.0% |
| Current assets29/58 | €0.02m | €0.04m | €0.1m | ▲ 210% |
| Stocks and contracts in progress3 | €0.02m | €0.04m | €0.1m | ▲ 242% |
| Stocks30/36 | €0.02m | €0.04m | €0.1m | ▲ 242% |
| Amounts receivable within one year40/41 | €0.002m | €0.001m | - | - |
| Other amounts receivable41 | €0.002m | €0.001m | - | - |
| Cash at bank and in hand54/58 | €0.001m | €0.004m | €0.005m | ▲ 18.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.4m | ▲ 16.8% |
| Equity10/15 | €0.02m | €0.02m | €0.02m | ▲ 5.3% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.003m | -€0.002m | -€0.001m | ▲ 39.7% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.3m | ▲ 16.9% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.3m | ▲ 16.9% |
| Financial debts43 | €0.8m | €0.8m | €0.7m | ▼ 12.7% |
| Credit institutions430/8 | €0.8m | €0.8m | €0.7m | ▼ 12.7% |
| Trade debts44 | €35 | €0.006m | €0.002m | ▼ 61.9% |
| Suppliers440/4 | €35 | €0.006m | €0.002m | ▼ 61.9% |
| Other amounts payable47/48 | €0.3m | €0.4m | €0.6m | ▲ 84.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,068 | €885 | €867 | ▼ 2.0% |
| Operating cash flow (approximation) | -€3,068 | €885 | €867 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | €0 | -€100,000 | - |
| Change in cash | - | €3,529 | €826 | ▼ 76.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 14-05-2024 | 2024-00089342 |
| 31-12-2022 | abbreviated format | 01-06-2023 | 2023-00111974 |
| 31-12-2021 | abbreviated format | 15-08-2022 | 2022-20295658 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.