D.H.S.
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 21-12-2022, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
41 d early
2021
49 d early
2020
55 d early
2019
147 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 73 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€48,367▼ 2.8%
2021 · €49,775
Total assets
€170,015▼ 3.5%
2021 · €176,106
Net result
-€1,408
2021 · €2,981
Working capital
€18,104
2021 · -€35,947
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€22,570-€5,182▼ 77.0%€19,915▲ 284%-€1,408
Net result€20,083-€1,703▼ 91.5%€2,981▲ 75.0%-€1,408
Equity€45,091-€46,794▲ 3.8%€49,775▲ 6.4%€48,367▼ 2.8%
Total assets€299,867-€292,313▼ 2.5%€176,106▼ 39.8%€170,015▼ 3.5%
Debt€254,776-€245,519▼ 3.6%€126,331▼ 48.5%€121,649▼ 3.7%
Working capital€41,464-€27,065▼ 34.7%-€35,947€18,104
Staff (FTE)1.9-1.4▼ 26.3%1▼ 28.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €1,408 after €19,915 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €170,015
Fixed assets
€148,263 ▼ 11.9%
Current assets
€21,752 ▲ 176%
Equity and liabilities €170,015
Equity
€48,367 ▼ 2.8%
Debt
€121,649 ▼ 3.7%
Debt's share of the balance-sheet total falls from 71.7% to 71.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18,551▼
2021 · €39,874
Cash flow
€18,551▼
2021 · €22,940
Current ratio
5.96▲
2021 · 0.18
Debt to equity
2.52▲
2021 · 1.41
ROE
-2.9%▼
2021 · 6.0%
ROA
-0.8%▼
2021 · 1.7%
Debt ≤ 1 year
€3,649▼
2021 · €43,831
Debt > 1 year
€100,000▲
2021 · €70,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,242 | €25,565 | €19,959 | €19,959 | = |
| Other operating charges640/8 | - | - | - | €10,167 | - |
| Gross operating margin9900 | €128,017 | €116,778 | €131,426 | €28,718 | ▼ 78.1% |
| Operating profit (loss)9901 | €22,570 | €5,182 | €19,915 | -€1,408 | ▼ 107% |
| Recurring financial income75 | - | €318 | - | - | - |
| Recurring financial charges65 | €2,487 | €3,796 | €5,041 | - | - |
| Profit (loss) for the period before taxes9903 | €20,083 | €1,703 | €2,981 | -€1,408 | ▼ 147% |
| Profit (loss) for the period9904 | €20,083 | €1,703 | €2,981 | -€1,408 | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | €20,083 | €1,703 | €2,981 | -€1,408 | ▼ 147% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €299,867 | €292,313 | €176,106 | €170,015 | ▼ 3.5% |
| Fixed assets21/28 | €223,627 | €200,074 | €168,222 | €148,263 | ▼ 11.9% |
| Intangible fixed assets21 | €14,763 | €9,842 | - | - | - |
| Tangible fixed assets22/27 | €208,864 | €190,232 | €168,222 | €148,263 | ▼ 11.9% |
| Land and buildings22 | - | - | - | €113,982 | - |
| Plant, machinery and equipment23 | - | - | - | €34,281 | - |
| Current assets29/58 | €76,240 | €92,239 | €7,884 | €21,752 | ▲ 176% |
| Stocks and contracts in progress3 | €32,305 | €43,572 | - | - | - |
| Amounts receivable within one year40/41 | €37,072 | €20,830 | €2,866 | €19,844 | ▲ 592% |
| Trade receivables40 | - | - | - | €19,844 | - |
| Cash at bank and in hand54/58 | €6,863 | €11,573 | €5,018 | €1,908 | ▼ 62.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €299,867 | €292,313 | €176,106 | €170,015 | ▼ 3.5% |
| Equity10/15 | €45,091 | €46,794 | €49,775 | €48,367 | ▼ 2.8% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | - |
| Reserves13 | €26,499 | €28,202 | €31,183 | €31,183 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - |
| Distributable reserves133 | - | - | - | €29,324 | - |
| Profit (loss) carried forward14 | - | - | - | -€1,408 | - |
| Amounts payable17/49 | €254,776 | €245,519 | €126,331 | €121,649 | ▼ 3.7% |
| Amounts payable after more than one year17 | €220,000 | €180,000 | €70,000 | €100,000 | ▲ 42.9% |
| Financial debts170/4 | - | - | - | €100,000 | - |
| Amounts payable within one year42/48 | €34,776 | €65,174 | €43,831 | €3,649 | ▼ 91.7% |
| Trade debts44 | €12,775 | €36,139 | €24,664 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,649 | - |
| Taxes450/3 | - | - | - | €3,649 | - |
| Accrued charges and deferred income492/3 | - | - | - | €18,000 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,083 | €1,703 | €2,981 | -€1,408 | ▼ 147% |
| + Depreciation and write-downs630 | €25,242 | €25,565 | €19,959 | €19,959 | = |
| Operating cash flow (approximation) | €45,325 | €27,268 | €22,940 | €18,551 | ▼ 19.1% |
| Investment in fixed assets (approximation) | - | -€2,012 | €11,893 | €0 | ▼ 100% |
| Change in cash | - | €4,710 | -€6,555 | -€3,110 | ▲ 52.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Weakest financial yearnet -€1,408
Net result drops to -€1,408, the lowest in the series.
30-06
Financial
Liquidity times 33current ratio 5.96
Current ratio from 0.18 to 5.96; short-term debt falls from €43,831 to €3,649.
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
11-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
05-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- DECOFIN
- D.H.S.
Highest known parent: DECOFIN. The sources do not say who stands above it.
Owners 1
- DECOFINparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.