CD NATIONS (0477.512.291): financials and annual accounts

CD NATIONS

Antwerp ·KBO/BCE: BE 0477.512.291

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	279,029	238,151	115,031	168,718	148,882	149,504	150,681	151,123	151,376	152,432	153,137	153,960	152,299	152,721	29,951	34,066	36,500
Fixed assets`21/28`	113,571	96,324	57,696	29,398	-	-	-	-	-	-	-	-	-	-	2,928	3,764	4,601
Intangible fixed assets`21`	1,459	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	103,812	96,324	57,696	29,398	-	-	-	-	-	-	-	-	-	-	2,928	3,764	4,601
Plant, machinery and equipment`23`	38,702	15,647	10,360	6,551	-	-	-	-	-	-	-	-	-	-	-	-	-
Furniture and vehicles`24`	43,367	55,849	19,422	11,931	-	-	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	21,744	24,829	27,914	10,917	-	-	-	-	-	-	-	-	-	-	2,928	3,764	4,601
Financial fixed assets`28`	8,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	165,458	141,826	57,335	139,319	148,882	149,504	150,681	151,123	151,376	152,432	153,137	153,960	152,299	152,721	27,023	30,302	31,899
Stocks and contracts in progress`3`	109,476	18,222	19,353	9,008	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks`30/36`	109,476	18,222	19,353	9,008	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	42,893	72,767	15,815	6,249	-	-	-	-	-	-	-	-	-	-	14	1,342	1,182
Trade receivables`40`	33,377	54,196	4,292	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	9,516	18,571	11,523	6,249	-	-	-	-	-	-	-	-	-	-	14	1,342	1,182
Cash at bank and in hand`54/58`	4,257	46,397	19,443	124,063	148,882	149,502	150,679	151,123	151,376	152,432	153,137	153,960	152,299	152,721	26,990	28,900	30,636
Deferred charges and accrued income`490/1`	8,832	4,440	2,723	-	-	2	2	-	-	-	-	-	-	-	19	60	81
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	279,029	238,151	115,031	168,718	148,882	149,504	150,681	151,123	151,376	152,432	153,137	153,960	152,299	152,721	29,951	34,066	36,500
Equity`10/15`	-82,728	56,479	92,607	131,272	148,697	149,164	150,358	151,123	151,376	152,432	153,137	153,960	152,299	152,721	21,899	26,412	29,211
Contributions`10/11`	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	12,350	12,350	12,350	12,350	12,350	12,350	12,350
Reserves`13`	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,431	1,431	1,431	1,431	1,431	1,431	1,431
Non-distributable reserves`130/1`	-	-	0	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,855	1,855	1,855	1,855	1,855	1,431	1,431	1,431	1,431	1,431	1,431	1,431
Reserves not available under the articles`1311`	-	-	0	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-103,133	36,074	72,202	110,867	128,292	128,759	129,953	130,718	130,971	132,027	145,506	146,329	144,668	145,090	14,268	18,781	21,580
Amounts payable`17/49`	361,758	181,671	22,424	37,446	185	340	323	-	-	-	-	-	-	-	8,052	7,654	7,289
Amounts payable after more than one year`17`	182,400	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial debts`170/4`	182,400	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	170,475	81,671	22,424	37,446	185	185	185	-	-	-	-	-	-	-	8,052	7,654	7,281
Trade debts`44`	23,639	45,736	19,615	12,594	-	-	-	-	-	-	-	-	-	-	620	222	350
Suppliers`440/4`	23,639	45,736	19,615	12,594	-	-	-	-	-	-	-	-	-	-	620	222	350
Taxes, remuneration and social security`45`	2,830	1,812	0	78	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes`450/3`	720	1,812	0	78	-	-	-	-	-	-	-	-	-	-	-	-	-
Remuneration and social security`454/9`	2,110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	144,006	34,123	2,809	24,774	185	185	185	-	-	-	-	-	-	-	7,432	7,432	6,931
Accrued charges and deferred income`492/3`	8,882	-	0	-	-	155	138	-	-	-	-	-	-	-	-	-	8
Income statement
Gross operating margin`9900`	-101,823	-20,464	-28,430	-13,872	-277	-918	-538	-	-624	-628	-622	-274	-348	-348	-1,410	-1,335	-1,284
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	348	348	-	-	-
Remuneration, social security and pensions`62`	6,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	23,102	12,766	8,424	2,665	-	-	-	-	-	-	-	-	-	-	837	837	837
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	534	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	485	386	1,731	470	100	98	96	-	492	93	492	-	-	454	2,188	582	583
Non-recurring operating charges`66A`	0	249	-	-	70	30	-	-	-	-	-	-	-	1,139	-	-	-
Operating profit (loss)`9901`	-132,497	-33,913	-38,585	-17,007	-447	-1,047	-634	-	-1,116	-721	-1,114	-274	-348	-802	-4,435	-2,754	-2,704
Financial income`75/76B`	2,759	9	21	-	8	8	8	7	61	115	292	2,135	93	26	23	70	96
Recurring financial income`75`	2,759	9	21	-	8	8	8	7	61	115	292	2,135	93	26	23	70	96
Financial charges`65/66B`	9,470	2,224	251	418	28	155	138	261	1	100	-	200	111	120	101	115	103
Recurring financial charges`65`	9,470	2,224	251	418	28	155	138	261	1	100	-	200	111	120	101	115	103
Profit (loss) for the period before taxes`9903`	-139,208	-36,127	-38,814	-17,425	-467	-1,194	-765	-254	-1,056	-705	-822	1,661	-366	-2,034	-4,513	-2,799	-2,711
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	56	62,574	-	-	131
Profit (loss) for the period`9904`	-139,208	-36,127	-38,814	-17,425	-467	-1,194	-765	-254	-1,056	-705	-822	1,661	-422	-64,608	-4,513	-2,799	-2,842
Profit (loss) for the period to be appropriated`9905`	-139,208	-36,127	-38,814	-17,425	-467	-1,194	-765	-254	-1,056	-705	-822	1,661	-422	-64,608	-4,513	-2,799	-2,842
Appropriation of the result
Profit (loss) to be appropriated`9906`	-103,133	36,074	72,202	110,867	128,292	128,759	129,953	130,718	130,971	144,801	145,506	146,329	144,668	145,090	14,268	18,781	21,580
Profit (loss) brought forward from the previous period`14P`	36,074	72,202	111,016	128,292	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	12,774	-	-	-	-	-	-	-
Addition to contributions`691`	-	-	-	-	-	-	-	-	-	12,350	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	424	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	29-08-2025	2025-00485850	PDF
31-12-2023	micro format	21-08-2024	2024-00366811	PDF
31-12-2022	micro format	31-08-2023	2023-00391186	PDF
31-12-2021	micro format	15-07-2022	2022-20188860	PDF
31-12-2020	micro format	31-08-2021	2021-62600515	PDF
31-12-2019	micro format	27-08-2020	2020-46100406	PDF
31-12-2018	micro format	29-08-2019	2019-56500263	PDF
31-12-2017	micro format	31-08-2018	2018-59500181	PDF
31-12-2016	micro format	21-08-2017	2017-45500434	PDF
31-12-2015	full format	16-08-2016	2016-43100001	PDF
31-12-2014	full format	28-08-2015	2015-51600494	PDF
31-12-2013	full format	29-08-2014	2014-54200280	PDF
31-12-2012	full format	30-08-2013	2013-55200193	PDF
31-12-2011	abbreviated format	28-08-2012	2012-47300128	PDF
31-12-2008	abbreviated format	27-07-2009	2009-48200081	PDF
31-12-2007	abbreviated format	01-08-2008	2008-53200104	PDF
31-12-2006	abbreviated format	19-07-2007	2007-43300176	PDF
31-12-2005	abbreviated format	01-08-2006	2006-59303478	PDF
31-12-2004	abbreviated format	29-07-2005	2005-60000480	PDF
31-12-2003	abbreviated format	29-10-2004	2004-76303516	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2008	2007	2006
EBITDA	-109,395	-21,147	-30,161	-14,342	-	-	-	-	-	-	-	-	-	-	-3,598	-1,917	-1,867
Cash flow	-116,106	-23,362	-30,390	-14,761	-	-	-	-	-	-	-	-	-	-	-3,676	-1,962	-2,005
Investment in fixed assets (approximation)	40,349	60,767	36,721	32,063	-	-	-	-	-	-	-	-	-	-	1	0	-
Change in cash	-42,140	26,954	-104,620	-24,819	-620	-1,177	-444	-254	-1,056	-705	-822	1,661	-422	-	-1,910	-1,736	-
Working capital	-5,017	60,155	34,911	101,873	148,697	149,319	150,496	-	-	-	-	-	-	-	18,971	22,648	24,618
Solvency	-29.6%	23.7%	80.5%	77.8%	99.9%	99.8%	99.8%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	73.1%	77.5%	80.0%
Current ratio	0.97	1.74	2.56	3.72	-	-	-	-	-	-	-	-	-	-	3.36	3.96	4.38
Quick ratio	0.33	1.51	1.69	3.48	-	-	-	-	-	-	-	-	-	-	3.36	3.96	4.38
Debt to equity	-	3.22	0.24	0.29	0.00	0.00	0.00	-	-	-	-	-	-	-	0.37	0.29	0.25
ROE	-	-64.0%	-41.9%	-13.3%	-0.3%	-0.8%	-0.5%	-0.2%	-0.7%	-0.5%	-0.5%	1.1%	-0.3%	-42.3%	-20.6%	-10.6%	-9.7%
ROA	-49.9%	-15.2%	-33.7%	-10.3%	-0.3%	-0.8%	-0.5%	-0.2%	-0.7%	-0.5%	-0.5%	1.1%	-0.3%	-42.3%	-15.1%	-8.2%	-7.8%
Interest coverage	-11.55	-9.51	-120.40	-34.29	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2024	2023	2022	2021
Tangible fixed assets	€30,574	€60,767	€36,721	€32,063
Intangible fixed assets	€1,475	-	-	-
Financial fixed assets	€8,300	-	-	-
Depreciation and write-downs of the year	€23,102	€12,766	€8,424	€2,665

CD NATIONS

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-29.6%

Current ratio0.97

Return on assets-49.9%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on CD NATIONS

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