OPENING OF BANKRUPTCY

NOVULO

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Financial year 2022 · closed on 31/12/2022
Net result
102,3 k €
+136.2% YoY
Gross margin
226,6 k €
+193.8% YoY
Equity
-160,7 k €
+38.9% YoY

Company — Opening of bankruptcy.

What does NOVULO do?

NOVULO is a Private limited company incorporated in 2021. Its main activity is: Manufacture of furniture. Its registered office is in Pittem.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0763.757.808
Incorporation
17/02/2021
Legal form
Private limited company
Registered office
Brugsesteenweg 106
8740 Pittem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2022
Activities (NACE)
31001Manufacture of furniture· main31010Manufacture of office and shop furniture31002Manufacture of furniture31004Manufacture of furniture31009Manufacture of furniture31020Manufacture of kitchen furniture+8
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20222021
Income statement
Gross margin226,6 k €-241,5 k €
EBITDA145 k €-266,7 k €
Operating result113,6 k €-277,9 k €
Net result102,3 k €-283 k €
Balance sheet
Equity-160,7 k €-263 k €
Total assets2,7 M €470,9 k €
Cash1,1 M €70,7 k €
Debts2,8 M €733,8 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active

Active mandates

BOULEVARD

Director · since 17 février 2021 · 0849.739.497

Represented by Tom Bogaert

Active
BUSINESSPOWER & INVESTMENTS

Director · since 17 février 2021 · 0750.481.278

Represented by Thijs Vanhoutte

Active
Annual accounts

Full financial information

20222021
Type of accountMicro modelMicro model
Start of the financial year01/01/202217/02/2021
Closing of the financial year31/12/202231/12/2021
Length of the financial year12 months11 months
Filing date10/05/202310/10/2022
General meeting10/05/202319/09/2022
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202210/05/202310/05/2023DutchPDF
Micro model31/12/202119/09/202210/10/2022DutchPDF
Estimate

Indicative valuation

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.

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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 31/12/2022 · 2 active

Active mandates

BOULEVARD

Director · since 17 février 2021 · 0849.739.497

Represented by Tom Bogaert

Active
BUSINESSPOWER & INVESTMENTS

Director · since 17 février 2021 · 0750.481.278

Represented by Thijs Vanhoutte

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/02/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2022
    Annual accounts 2022102,3 k €↑
  2. 2021
    Annual accounts 2021-283 k €
  3. 17/02/2021
    IncorporationPrivate limited company