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NOVULO

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Private limited company·Vervaardiging van kantoor- en winkelmeubelen· 5 yrs active
Brugsesteenweg 106 ·8740 Pittem, Belgium
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BE 0763.757.808
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Turnover
EBIT margin
Net result€102k
Working capital€-264k-1.5%
Directors2
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Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 10-05-2023 with the NBB · fiscal year 2022 · micro
€-300k€-200k€-100k€0€100kOperating result 2021: €-278k€-278kNet result 2021: €-283k€-283kOperating result 2022: €114k€114kNet result 2022: €102k€102k20212022
Operating resultNet result
EBITDA
€145k
+1126% vs sector
Net profit
€102k
+258% vs sector
Cash flow
€134k
+499% vs sector
Total assets
€2.67M
+466.5% +250% vs sector
Equity
€-161k
+38.9% -211% vs sector
Working capital
€-264k
-1.5% -11408% vs sector
Employees (FTE)
2
-54% vs sector
Staff costs
€69k
+191.8% -54% vs sector
Debt
€2.83M
+285.4% +359% vs sector
Debt ≤ 1y
€2.69M
+379.7% +455% vs sector
Debt > 1y
€124k
-28.7% +57% vs sector
Current ratio
0.90
+68.2% -16% vs sector
Quick ratio
0.56
+102.9% -5% vs sector
Solvency
-6.0%
+89.2% -124% vs sector
Debt / equity
-17.61
-530.9% -676% vs sector
ROE
-63.7%
-206% vs sector
ROA
3.8%
+149% vs sector
Interest coverage
11.43
+1832% vs sector
Figures by fiscal year
Fiscal year2022
Revenue
EBITDA€145k
Net profit€102k
Cash flow€134k
Staff costs€69k
Income taxes
Dividends
Total assets€2.67M
Equity€-161k
Debt€2.83M
of which ≤ 1y€2.69M
of which > 1y€124k
Working capital€-264k
Employees (FTE)1.7
Ratios (computed)
2022
Current ratio0.90
Quick ratio0.56
Working capital ratio-9.9%
Solvency-6.0%
Debt / equity-17.61
Long-term debt ratio-0.77
Interest coverage11.43
Gross margin
Net margin
ROA3.8%
ROE-63.7%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€2.67M
Fixed assets 21/28€244k
Intangible fixed assets 21€39k
Tangible fixed assets 22/27€203k
Financial fixed assets 28€2k
Current assets 29/58€2.42M
Stocks & contracts in progress 3€924k
Amounts receivable within one year 40/41€259k
Cash & bank 54/58€1.10M
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.67M
Equity 10/15€-161k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-181k
Amounts payable 17/49€2.83M
Amounts payable after one year 17€124k
Amounts payable within one year 42/48€2.69M
Trade debts payable within one year 44€682k
Income statement
Gross operating margin 9900€227k
Operating result 9901€114k
Financial income 75€1k
Financial charges 65€13k
Result before taxes 9903€102k
Net result for the period 9904€102k
Result to be appropriated 9905€102k
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Ratios computed by Checked.

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FY 2022 · computed
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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.