D-SERVICE
Open bankruptcyFinancials · financial year 2023, micro format
2023 annual accounts filed late (17 days) Filed on 17 May 2024, deadline 30 April 2024 (7 months after the close on 30 September 2023, Companies Code art. 3:10). Source: NBB, 2024-00089664.
Equity
€11,191
2022 · -€47,398
Total assets
€156,172▲ 11.3%
2022 · €140,314
Net result
€58,589
2022 · -€69,128
Working capital
€47,858▼ 4.1%
2022 · €49,928
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result returns to profit in 2023: €61,335 after a loss of €60,002 in 2022, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€61,335
2023
Net result€58,589
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€156,172
2023
Equity€11,191
2023
Debt€144,982
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€47,858
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)37.5%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency7.2%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.47
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)4.3
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€11,775-€8,160▼ 30.7%-€1,279-€60,002▼ 4,592%€61,335
Net result€3,983-€3,594within the sector's middle half▼ 9.8%-€12,831below the sector's middle half-€69,128below the sector's middle half▼ 439%€58,589above the sector's middle half
Equity€30,964-€34,557within the sector's middle half▲ 11.6%€21,729within the sector's middle half▼ 37.1%-€47,398below the sector's middle half€11,191below the sector's middle half
Total assets€170,373-€185,021within the sector's middle half▲ 8.6%€220,325within the sector's middle half▲ 19.1%€140,314within the sector's middle half▼ 36.3%€156,172within the sector's middle half▲ 11.3%
Debt€139,409-€150,464▲ 7.9%€198,596▲ 32.0%€187,713▼ 5.5%€144,982▼ 22.8%
Working capital€22,980-€24,927within the sector's middle half▲ 8.5%€41,337within the sector's middle half▲ 65.8%€49,928within the sector's middle half▲ 20.8%€47,858within the sector's middle half▼ 4.1%
Solvency18.2%-18.7%below the sector's middle half▲ 0.5pp9.9%below the sector's middle half▼ 8.8pp-33.8%below the sector's middle half▼ 43.6pp7.2%below the sector's middle half▲ 40.9pp
Current ratio1.22-1.20within the sector's middle half▼ 0.021.27within the sector's middle half▲ 0.071.64within the sector's middle half▲ 0.381.47within the sector's middle half▼ 0.18
Return on assets (ROA)2.3%-1.9%within the sector's middle half▼ 0.4pp-5.8%below the sector's middle half▼ 7.8pp-49.3%below the sector's middle half▼ 43.4pp37.5%above the sector's middle half▲ 86.8pp
Staff (FTE)1.1-1.9within the sector's middle half▲ 72.7%4.1▲ 116%4.9▲ 19.5%4.3▼ 12.2%
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €156,172
Fixed assets
€5,671 ▼ 56.3%
Current assets
€150,501 ▲ 18.2%
Equity and liabilities €156,172
Equity
€11,191
Debt
€144,982
Debt finances 92.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€72,767▲
2022 · -€49,012
Cash flow
€70,021▲
2022 · -€58,138
Debt to equity
12.96
ROE
523.6%
Interest coverage
25.43▲
2022 · -5.27
Debt ≤ 1 year
€102,643▲
2022 · €77,416
Debt > 1 year
€34,287▼
2022 · €50,841
Staff costs
€218,470▼
2022 · €218,722
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 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,524 | €2,061 | - | - |
| Remuneration, social security and pensions62 | - | - | €202,082 | €218,722 | €218,470 | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,636 | €12,168 | €11,515 | €10,990 | €11,432 | ▲ 4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €49,791 | - |
| Other operating charges640/8 | - | - | €2,586 | €21,966 | €732 | ▼ 96.7% |
| Non-recurring operating charges66A | - | - | €2,313 | €31,798 | - | - |
| Gross operating margin9900 | €86,358 | €103,686 | €217,217 | €223,474 | €341,760 | ▲ 52.9% |
| Operating profit (loss)9901 | €11,775 | €8,160 | -€1,279 | -€60,002 | €61,335 | - |
| Financial income75/76B | - | - | €124 | €167 | €115 | ▼ 31.3% |
| Recurring financial income75 | €0 | €4,421 | €124 | €167 | €115 | ▼ 31.3% |
| Financial charges65/66B | - | - | €11,677 | €9,292 | €2,861 | ▼ 69.2% |
| Recurring financial charges65 | €5,149 | €6,491 | €11,677 | €9,292 | €2,861 | ▼ 69.2% |
| Profit (loss) for the period before taxes9903 | €6,626 | €6,090 | -€12,831 | -€69,128 | €58,589 | - |
| Income taxes67/77 | €2,642 | €2,497 | - | - | - | - |
| Profit (loss) for the period9904 | €3,983 | €3,594 | -€12,831 | -€69,128 | €58,589 | - |
| Transfer from tax-exempt reserves789 | - | - | €9,568 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,983 | €3,594 | -€3,264 | -€69,128 | €58,589 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170,373 | €185,021 | €220,325 | €140,314 | €156,172 | ▲ 11.3% |
| Fixed assets21/28 | €42,432 | €32,992 | €23,549 | €12,970 | €5,671 | ▼ 56.3% |
| Tangible fixed assets22/27 | €42,432 | €32,992 | €23,549 | €12,970 | €5,671 | ▼ 56.3% |
| Plant, machinery and equipment23 | - | - | €3,158 | €1,980 | €4,436 | ▲ 124% |
| Furniture and vehicles24 | - | - | €1,822 | €3,350 | €1,235 | ▼ 63.1% |
| Leasing and similar rights25 | - | - | €18,569 | €7,640 | - | - |
| Current assets29/58 | €127,941 | €152,029 | €196,777 | €127,344 | €150,501 | ▲ 18.2% |
| Amounts receivable within one year40/41 | €81,604 | €106,606 | €151,777 | €120,275 | €129,186 | ▲ 7.4% |
| Trade receivables40 | - | - | €100,420 | €58,583 | €73,126 | ▲ 24.8% |
| Other amounts receivable41 | - | - | €51,357 | €61,693 | €56,059 | ▼ 9.1% |
| Cash at bank and in hand54/58 | - | - | - | €264 | €17,822 | ▲ 6,658% |
| Deferred charges and accrued income490/1 | - | - | €45,000 | €6,805 | €3,494 | ▼ 48.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170,373 | €185,021 | €220,325 | €140,314 | €156,172 | ▲ 11.3% |
| Equity10/15 | €30,964 | €34,557 | €21,729 | -€47,398 | €11,191 | - |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €32,315 | €32,315 | €22,750 | €22,750 | €22,750 | = |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | €20,750 | €20,750 | €20,750 | = |
| Profit (loss) carried forward14 | -€21,351 | -€17,757 | -€21,021 | -€90,149 | -€31,560 | ▲ 65.0% |
| Amounts payable17/49 | €139,409 | €150,464 | €198,596 | €187,713 | €144,982 | ▼ 22.8% |
| Amounts payable after more than one year17 | €33,541 | €23,362 | €37,493 | €50,841 | €34,287 | ▼ 32.6% |
| Financial debts170/4 | - | - | €37,493 | €23,265 | €10,256 | ▼ 55.9% |
| Other amounts payable178/9 | - | - | - | €27,576 | €24,030 | ▼ 12.9% |
| Amounts payable within one year42/48 | €104,961 | €127,102 | €155,440 | €77,416 | €102,643 | ▲ 32.6% |
| Current portion of amounts payable after more than one year42 | - | - | €14,317 | €14,228 | €11,517 | ▼ 19.1% |
| Financial debts43 | - | - | €8,337 | €5,904 | - | - |
| Credit institutions430/8 | - | - | €8,337 | €5,904 | - | - |
| Trade debts44 | €54,164 | €86,820 | €86,492 | €14,102 | €43,877 | ▲ 211% |
| Suppliers440/4 | - | - | €86,492 | €14,102 | €43,877 | ▲ 211% |
| Taxes, remuneration and social security45 | - | - | €33,106 | €42,542 | €44,736 | ▲ 5.2% |
| Taxes450/3 | - | - | €5,910 | €37,809 | €13,113 | ▼ 65.3% |
| Remuneration and social security454/9 | - | - | €27,196 | €4,733 | €31,623 | ▲ 568% |
| Other amounts payable47/48 | - | - | €13,188 | €640 | €2,513 | ▲ 293% |
| Accrued charges and deferred income492/3 | - | - | €5,663 | €59,455 | €8,052 | ▼ 86.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,983 | €3,594 | -€12,831 | -€69,128 | €58,589 | - |
| + Depreciation and write-downs630 | €19,636 | €12,168 | €11,515 | €10,990 | €11,432 | ▲ 4.0% |
| Operating cash flow (approximation) | €23,619 | €15,761 | -€1,316 | -€58,138 | €70,021 | - |
| Investment in fixed assets (approximation) | - | -€2,728 | -€2,072 | -€411 | -€4,133 | ▼ 905% |
| Change in cash | - | - | - | - | €17,558 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2023 | micro format | 17-05-2024 | 2024-00089664 |
| 30-09-2022 | micro format | 17-09-2023 | 2023-00447421 |
| 30-09-2021 | micro format | 29-03-2023 | 2023-00048262 |
| 30-09-2020 | micro format | 23-12-2021 | 2021-81600220 |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11100232 |
| 30-09-2018 | micro format | 28-03-2019 | 2019-08600240 |
| 30-09-2017 | micro format | 28-03-2018 | 2018-08300001 |
| 30-09-2016 | abbreviated format | 30-03-2017 | 2017-08200597 |
| 30-09-2015 | abbreviated format | 29-02-2016 | 2016-05400115 |
| 30-09-2014 | abbreviated format | 18-12-2014 | 2014-70100215 |
Similar companies · same sector, comparable size
DANILEX
BE 0793.300.939
Ganshoren · equity €11,189
JB PARACHEVEMENT
BE 0743.932.392
Beersel · equity €11,203
DDIVEWORKS
BE 1013.949.908
Overijse · equity €11,159
ALLPROFIX
BE 1021.860.752
Arendonk · equity €11,235
Clajot-Pier Construct
BE 0841.900.414
Waremme · equity €11,251
Of the 15,151 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,361. 4,220 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €405 awarded · €405 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €54 | €54 |
| 2022 | 1 | €351 | €351 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.