ACTIVE

COVETEX

Financial year 2020 · closed on 31/01/2020
Net result
5,8 k €
+204.1% YoY
Gross margin
-7,3 k €
+35.8% YoY
Equity
202,8 k €
+3.0% YoY

What does COVETEX do?

COVETEX is a Private company with limited liability incorporated in 1990. Its registered office is in Andenne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.065.622
Incorporation
24/11/1990
Legal form
Private company with limited liability
Registered office
Rue Rogier 5
5300 Andenne · WallonieSee on map
Latest accounts
31/01/2020
Signals
ProfitableSolid equityLow riskPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-7,3 k €-11,4 k €-11,2 k €-987,5 €-9,3 k €-17,1 k €-17,5 k €-17,2 k €-17,2 k €-20,7 k €-12,9 k €15,7 k €10,8 k €13,7 k €
EBITDA-7,3 k €-11,4 k €-11,2 k €-1,3 k €-9,3 k €-17,1 k €-17,5 k €-17,2 k €-17,2 k €-20,7 k €-16,1 k €14,2 k €9,3 k €12,2 k €
Operating result-7,3 k €-11,4 k €-11,2 k €-1,3 k €-9,3 k €-17,1 k €-17,5 k €-17,2 k €-17,2 k €-20,7 k €-16,1 k €8,5 k €3,7 k €6,5 k €
Net result5,8 k €1,9 k €2 k €10,7 k €2,8 k €-4,9 k €-5,2 k €-6,1 k €11,1 k €-9,9 k €183,3 k €-261 €1,4 k €1,7 k €
Balance sheet
Equity202,8 k €196,9 k €195 k €193 k €182,3 k €179,5 k €184,4 k €189,6 k €195,7 k €184,6 k €194,5 k €11,2 k €11,5 k €10,1 k €
Total assets304,8 k €299 k €297,1 k €295,8 k €284,4 k €281,6 k €286,4 k €291,6 k €297,8 k €286,7 k €296,6 k €104,3 k €120,6 k €135,8 k €
Cash16,1 €38,6 €20,2 €16 €14,2 €15,7 €56,4 €77,3 €32,2 k €68,5 k €126,3 k €96 €235,1 €506,7 €
Debts764,7 €77,2 €74,6 €93,1 k €109,1 k €125,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2020 · 1 active · 1 ended

Active mandates

Carl DONNER

Director

Active

Ended mandates

Carl DONNER

Manager

Ended
Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/02/201901/02/201801/02/201701/02/201601/02/201501/02/2014
Closing of the financial year31/01/202031/01/201931/01/201831/01/201731/01/201631/01/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/202028/10/201921/12/201804/01/201807/11/201603/12/2015
General meeting30/10/202031/07/201911/06/201812/06/201713/06/201608/06/2015
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/01/202030/10/202030/10/2020FrenchPDF
Micro model31/01/201931/07/201928/10/2019FrenchPDF
Micro model31/01/201811/06/201821/12/2018FrenchPDF
Micro model31/01/201712/06/201704/01/2018FrenchPDF
Abridged model31/01/201613/06/201607/11/2016FrenchPDF
Abridged model31/01/201508/06/201503/12/2015FrenchPDF
Abridged model31/01/201410/06/201429/07/2015FrenchPDF
Abridged model31/01/201331/07/201302/01/2014FrenchPDF
Abridged model31/01/201230/07/201221/01/2013FrenchPDF
Abridged model31/01/201130/07/201116/12/2011FrenchPDF
Abridged model31/01/201030/07/201017/01/2011FrenchPDF
Abridged model31/01/200930/07/200904/01/2010FrenchPDF
Abridged model31/01/200802/10/200812/11/2008FrenchPDF
Abridged model31/01/200702/10/200715/10/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/01/2020 · 1 active · 1 ended

Active mandates

Carl DONNER

Director

Active

Ended mandates

Carl DONNER

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office29/12/2009
    SIEGE SOCIAL
    PDF
  • Mandates21/10/2003
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 20205,8 k €
  2. 2019
    Annual accounts 20191,9 k €
  3. 2018
    Annual accounts 20182 k €
  4. 2017
    Annual accounts 201710,7 k €
  5. 2016
    Annual accounts 20162,8 k €
  6. 2015
    Annual accounts 2015-4,9 k €
  7. 2014
    Annual accounts 2014-5,2 k €
  8. 2013
    Annual accounts 2013-6,1 k €
  9. 2012
    Annual accounts 201211,1 k €
  10. 2011
    Annual accounts 2011-9,9 k €
  11. 2010
    Annual accounts 2010183,3 k €
  12. 2009
    Annual accounts 2009-261 €
  13. 2008
    Annual accounts 20081,4 k €
  14. 2007
    Annual accounts 20071,7 k €
  15. 24/11/1990
    IncorporationPrivate company with limited liability