Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Covered Instyle from Pepingen, company number BE0769710341, closed financial year 2023 with a result of € -2,927 after tax. For that financial year Covered Instyle recorded a gross margin of € 2,682 and equity of € -14,012. Compared with financial year 2022, the result moved from € -9,383 to € -2,927. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ -14,012
▼ € 2,927 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,927
▲ 69 % less loss than in 2022
Profit after tax over the fiscal year.
€ 4,021
▼ 33% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,012.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 623
▼ 74% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -4,803 | € -6,408 | € 2,682 | ▲ € 9,089 |
| Profit after taxes | € -5,702 | € -9,383 | € -2,927 | ▲ € 6,457 |
| Equity | € -1,702 | € -11,085 | € -14,012 | ▼ € 2,927 |
| Total debts | € 22,568 | € 28,498 | € 37,953 | ▲ 33% |
| Cash | € 11,970 | € 6,011 | € 4,021 | ▼ 33% |
| Retained profit | € -5,702 | € -15,085 | € -18,012 | ▼ € 2,927 |
| Balance sheet total | € 20,867 | € 17,413 | € 23,941 | ▲ 37% |
Key figures of Covered Instyle, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Covered Instyle?
What happened at Covered Instyle in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Covered Instyle is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 2,927. filed late Source: NBB ↗
- New establishment in Pepingen. KBO
- Joachim EVERAERT became a director. NBB
- In-Style Catering & Events became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,702 loss in 2021 to € 2,927 loss in 2023.
Management
Behind Covered Instyle are Joachim EVERAERT and In-Style Catering & Events.
Directors
According to the 2023 annual accounts
Joachim EVERAERT
Director
since 2021
Director · represented by Wim Van Cauter
since 2021
Establishments
Establishment units
Physical locations of this company
Heikruisesteenweg(P) 26
1670 Pepingen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.710.341
- VAT number
- BE 0769.710.341
- Registered office
- Heikruisesteenweg(P) 26, 1670 Pepingen
- Names & denominations
- Covered Instyle
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 June 2021
- Peppol
- Not registered
- Activities · NACE
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.
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