ouVert
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 14-07-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 44% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €34,848 | - | €17,830 | €5,893 |
| Depreciation and write-downs of the year | €2,859 | €3,485 | €5,929 | €6,942 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,859 | €3,485 | €5,929 | €6,942 | ▲ 17.1% |
| Other operating charges640/8 | €700 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €23,686 | €8,309 | €26,923 | €18,779 | ▼ 30.3% |
| Operating profit (loss)9901 | €20,127 | €4,439 | €20,607 | €11,437 | ▼ 44.5% |
| Financial income75/76B | - | €27 | €5 | €7 | ▲ 34.5% |
| Recurring financial income75 | - | €27 | €5 | €7 | ▲ 34.5% |
| Financial charges65/66B | €434 | €1,773 | €2,064 | €1,459 | ▼ 29.3% |
| Recurring financial charges65 | €434 | €1,773 | €2,064 | €1,459 | ▼ 29.3% |
| Profit (loss) for the period before taxes9903 | €19,693 | €2,693 | €18,548 | €9,986 | ▼ 46.2% |
| Income taxes67/77 | €5,674 | €895 | €4,512 | €3,313 | ▼ 26.6% |
| Profit (loss) for the period9904 | €14,019 | €1,798 | €14,036 | €6,673 | ▼ 52.5% |
| Profit (loss) for the period to be appropriated9905 | €14,019 | €1,798 | €14,036 | €6,673 | ▼ 52.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56,269 | €40,145 | €61,372 | €64,617 | ▲ 5.3% |
| Fixed assets21/28 | €31,989 | €28,504 | €40,405 | €39,356 | ▼ 2.6% |
| Tangible fixed assets22/27 | €31,989 | €28,504 | €40,405 | €39,356 | ▼ 2.6% |
| Furniture and vehicles24 | - | - | €10,548 | €7,950 | ▼ 24.6% |
| Other tangible fixed assets26 | €31,989 | €28,504 | €29,857 | €31,406 | ▲ 5.2% |
| Current assets29/58 | €24,280 | €11,641 | €20,967 | €25,261 | ▲ 20.5% |
| Amounts receivable within one year40/41 | €300 | €6,863 | €3,151 | €2,792 | ▼ 11.4% |
| Trade receivables40 | €300 | €6,863 | €1,663 | €105 | ▼ 93.7% |
| Other amounts receivable41 | - | - | €1,488 | €2,687 | ▲ 80.6% |
| Cash at bank and in hand54/58 | €23,980 | €4,773 | €17,580 | €19,698 | ▲ 12.0% |
| Deferred charges and accrued income490/1 | - | €5 | €235 | €2,770 | ▲ 12× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56,269 | €40,145 | €61,372 | €64,617 | ▲ 5.3% |
| Equity10/15 | €16,019 | €17,817 | €31,853 | €38,526 | ▲ 20.9% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €14,000 | €14,000 | €29,853 | €36,526 | ▲ 22.4% |
| Distributable reserves133 | €14,000 | €14,000 | €29,853 | €36,526 | ▲ 22.4% |
| Profit (loss) carried forward14 | €19 | €1,817 | €0 | - | - |
| Amounts payable17/49 | €40,251 | €22,328 | €29,519 | €26,091 | ▼ 11.6% |
| Amounts payable after more than one year17 | - | - | €4,915 | €388 | ▼ 92.1% |
| Financial debts170/4 | - | - | €4,915 | €388 | ▼ 92.1% |
| Amounts payable within one year42/48 | €40,051 | €20,781 | €23,276 | €22,659 | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | €4,309 | €4,528 | ▲ 5.1% |
| Trade debts44 | €72 | €806 | €2,443 | €3,071 | ▲ 25.7% |
| Suppliers440/4 | €72 | €806 | €2,443 | €3,071 | ▲ 25.7% |
| Taxes, remuneration and social security45 | €9,269 | €3,395 | €0 | €2,100 | - |
| Taxes450/3 | €6,769 | €895 | €0 | €2,100 | - |
| Remuneration and social security454/9 | €2,500 | €2,500 | €0 | - | - |
| Other amounts payable47/48 | €30,710 | €16,580 | €16,525 | €12,961 | ▼ 21.6% |
| Accrued charges and deferred income492/3 | €200 | €1,548 | €1,328 | €3,044 | ▲ 129% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,019 | €1,798 | €14,036 | €6,673 | ▼ 52.5% |
| + Depreciation and write-downs630 | €2,859 | €3,485 | €5,929 | €6,942 | ▲ 17.1% |
| Operating cash flow (approximation) | €16,878 | €5,283 | €19,965 | €13,615 | ▼ 31.8% |
| Investment in fixed assets (approximation) | - | €0 | -€17,830 | -€5,893 | ▲ 67.0% |
| Change in cash | - | -€19,208 | €12,807 | €2,118 | ▼ 83.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as ouVert has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- 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 ouVert itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 26,972 companies, not a prediction for ouVert. 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.