DACO

Inactive KBO/BCE: BE 0457.625.907

DACO

Follow Report

Overview

Lifetime

5 annual accounts with figures on one time axis, 15 filings since 1996

Gross marginpeak €39,515 (2008)

€23,007▼ 23.9%

Resultpeak €165,318 (2008)

€23,292▼ 85.5%

Equitypeak €848,953 (2010)

€848,953▲ 2.8%

Debts

€39,127▼ 74.8%

Documentsfilings and deeds

16-06-2011filed

2010abbreviated format

Gross margin from €30,214 to €23,007Result from €160,211 to €23,292Debts from €155,255 to €39,127

Key points

from the 2010 annual accounts, the last ones filed

Result

€23,292 ▼ 85.5%

The result fell in 2010 from €160,211 to €23,292.

Liquidity

1.63 was 1.01 in 2009

Short-term debts fell from €141,580 to €39,127.

Filings

15 annual accounts since 1996

The last five annual accounts were filed 34 to 45 days before the end of the period.

No score

Recent changes

14-01-2013

Deed on the end the last of 2 in the Belgian Official Gazette · Gazette deed

24-04-1996

Incorporation 18 publications in the Belgian Official Gazette, the last on 14-01-2013 · Gazette deed

All 19 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 24-04-1996 · last publication under the heading End on 14-01-2013
Activity: No activity registered in the KBO
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2010

Gross margin: €23,007▼ 23.9%
Turnover: ≈ €160,000estimated
Profit: €23,292▼ 85.5%
Equity: €848,953▲ 2.8%
Total assets: €888,080▼ 9.5%
Filing: Filed on 16-06-2011

Financials

Insights on DACO

Inactive. The last annual accounts are for financial year 2010.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2010

abbreviated format, filed on 16-06-2011, 45 days before the deadline

Gross margin

€23,007

▼ 23.9%

Operating result

€7,927

▼ 47.7%

Profit

€23,292

▼ 85.5%

Working capital

€24,517

▲ 16×

Solvency

95.6%

▲ 11.4 percentage points

Current ratio

1.63

▲ 0.62

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €65,000 and €390,000.

Balance sheet

balance sheet total €888,080 on 31-12-2010

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	888,080	980,916	1.0m	968,891	1.2m
Fixed assets`21/28`	824,436	837,779	850,585	863,748	1.1m
Tangible fixed assets`22/27`	179	13,521	26,327	39,490	51,086
Plant, machinery and equipment`23`	179	750	784	1,176	-
Furniture and vehicles`24`	-	12,771	25,543	38,314	51,086
Financial fixed assets`28`	824,258	824,258	824,258	824,258	1.0m
Current assets`29/58`	63,643	143,137	184,546	105,143	107,015
Amounts receivable within one year`40/41`	25,417	102,286	29,700	48,331	76,213
Trade receivables`40`	22,736	17,049	22,363	29,731	42,420
Other amounts receivable`41`	2,681	85,237	7,336	18,600	33,793
Cash at bank and in hand`54/58`	37,661	40,220	153,517	56,042	25,403
Deferred charges and accrued income`490/1`	566	632	1,330	770	5,399
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	888,080	980,916	1.0m	968,891	1.2m
Equity`10/15`	848,953	825,661	798,783	633,465	538,086
Contributions`10/11`	371,840	371,840	371,840	371,840	371,840
Issued capital`100`	371,840	371,840	371,840	371,840	371,840
Reserves`13`	37,184	37,184	37,184	37,184	37,184
Legal reserve`130`	37,184	37,184	37,184	37,184	37,184
Profit (loss) carried forward`14`	439,929	416,637	389,759	224,441	129,062
Amounts payable`17/49`	39,127	155,255	236,348	335,426	629,203
Amounts payable after more than one year`17`	-	-	-	19,223	37,542
Financial debts`170/4`	-	-	-	19,223	37,542
Amounts payable within one year`42/48`	39,127	141,580	228,444	307,495	574,281
Current portion of amounts payable after more than one year`42`	-	-	19,223	18,319	17,458
Trade debts`44`	11,250	2,753	2,008	2,099	5,226
Suppliers`440/4`	11,250	2,753	2,008	2,099	5,226
Taxes, remuneration and social security`45`	3,300	5,494	1,780	624	1,191
Taxes`450/3`	3,300	5,494	1,780	624	1,191
Other amounts payable`47/48`	24,576	133,333	205,433	286,452	550,405
Accrued charges and deferred income`492/3`	-	13,675	7,904	8,708	17,380
Income statement
Non-recurring operating income`76A`	-	-	-	-	7,156
Gross operating margin`9900`	23,007	30,214	39,515	38,535	36,771
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	13,342	13,342	13,163	13,163	12,771
Other operating charges`640/8`	1,738	1,715	1,902	4,627	2,195
Non-recurring operating charges`66A`	-	-	-	40,000	-
Operating profit (loss)`9901`	7,927	15,157	24,450	20,745	21,805
Financial income`75/76B`	28,618	168,284	173,463	147,251	52,819
Recurring financial income`75`	28,618	168,284	173,463	147,251	52,819
Financial charges`65/66B`	140	6,465	17,827	23,720	30,157
Recurring financial charges`65`	140	6,465	17,827	23,720	30,157
Profit (loss) for the period before taxes`9903`	36,405	176,975	180,086	104,276	51,623
Income taxes`67/77`	13,113	16,764	14,768	8,897	8,638
Profit (loss) for the period`9904`	23,292	160,211	165,318	95,379	42,986
Profit (loss) for the period to be appropriated`9905`	23,292	160,211	165,318	95,379	42,986
Appropriation of the result
Profit (loss) to be appropriated`9906`	439,929	549,970	389,759	224,441	129,062
Profit to be distributed`694/7`	-	133,333	-	-	-
Return on contributions (dividend)`694`	-	133,333	-	-	-
Document	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2010 (PDF), filed on 16-06-2011.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2010	abbreviated format	16-06-2011	2011-17900589	PDF
31-12-2009	abbreviated format	17-06-2010	2010-19200040	PDF
31-12-2008	abbreviated format	25-06-2009	2009-30200294	PDF
31-12-2007	abbreviated format	19-06-2008	2008-26000298	PDF
31-12-2006	abbreviated format	27-06-2007	2007-31800133	PDF
31-12-2005	abbreviated format	28-06-2006	2006-32700023	PDF
31-12-2004	abbreviated format	22-06-2005	2005-28500281	PDF
31-12-2003	abbreviated format	15-07-2004	2004-44600148	PDF
31-12-2002	abbreviated format	03-07-2003	2003-33600253	PDF
31-12-2001	abbreviated format	09-07-2002	2002-34300170	PDF
31-12-2000	abbreviated format	03-07-2001	2001-31100112	PDF
31-12-1999	abbreviated format	20-07-2000	2000-43400283	PDF
31-12-1998	abbreviated format	15-06-1999	1999-17900575	PDF
31-12-1997	abbreviated format	17-06-1998	1998-17800589	PDF
31-12-1996	abbreviated format	17-06-1997	1997-15803667	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2010	2009	2008	2007	2006
EBITDA	21,269	28,499	37,614	33,909	34,576
Cash flow	36,634	173,554	178,481	108,543	55,757
Investment in fixed assets (approximation)	0	536	0	1,568	63,857
Change in cash	-2,559	-113,297	97,475	30,639	-
Working capital	24,517	1,557	-43,898	-202,352	-467,266
Solvency	95.6%	84.2%	77.2%	65.4%	46.1%
Current ratio	1.63	1.01	0.81	0.34	0.19
Debt to equity	0.05	0.19	0.30	0.53	1.17
ROE	2.7%	19.4%	20.7%	15.1%	8.0%
ROA	2.6%	16.3%	16.0%	9.8%	3.7%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on DACO

The operating result for 2010 is 48% lower than in 2009 and the lowest since 2006. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 15.8% to 4.4%. Equity is higher and debt is lower.

Network & group

Holdings

own 2010 accounts, the bar shows equity in euros

This companyDACO3 holdings, 1 country 2010 accounts

Belgium 3 Year Equity Result

BE Skyscan15% 2025€37.9m result €1.9m (2025)
BE EIA Electronics25.16% 2025€3.5m result €315,579 (2025)
BE Invesbo13.05%no longer active 2018€873,487 result €98,990 (2018)

Source: list of holdings in its own 2010 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2006 to 2010

Holdings through the years
Name	2006	2007	2008	2009	2010
GRAMMER Electronics 2006 to 2010: 25.16%	25.16%
Bruker Belgium 2006 to 2010: 15%	15%
INVESBO 2006 to 2010: 13.05%	13.05%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

19 events since 1996

Filings

Financial

End

200020052010201520202025

2013

14-01-2013

Deed on the end PDFthe last of 2 in the Belgian Official Gazette

2011

16-06-2011

Annual accounts 2010 filed PDFabbreviated format · 45 days before the deadline

2010

31-12-2010

Weakest financial year net €23,292 ▼85.5% The net result drops to €23,292, the lowest from 2006 to 2010.

17-06-2010

Annual accounts 2009 filed PDFabbreviated format · 44 days before the deadline

2009

25-06-2009

Annual accounts 2008 filed PDFabbreviated format · 36 days before the deadline

2008

31-12-2008

Highest result from 2006 to 2010 net €165,318 ▲73.3% The operating result of €24,450 and the net result of €165,318 are both a record.

19-06-2008

Annual accounts 2007 filed PDFabbreviated format · 42 days before the deadline

2007

27-06-2007

Annual accounts 2006 filed PDFabbreviated format · 34 days before the deadline

2006

28-06-2006

Annual accounts 2005 filed PDFabbreviated format · 33 days before the deadline

2005

22-06-2005

Annual accounts 2004 filed PDFabbreviated format · 39 days before the deadline

2004

15-07-2004

Annual accounts 2003 filed PDFabbreviated format · 16 days before the deadline

2003

03-07-2003

Annual accounts 2002 filed PDFabbreviated format · 28 days before the deadline

2002

09-07-2002

Annual accounts 2001 filed PDFabbreviated format · 22 days before the deadline

2001

03-07-2001

Annual accounts 2000 filed PDFabbreviated format

2000

20-07-2000

Annual accounts 1999 filed PDFabbreviated format

1999

15-06-1999

Annual accounts 1998 filed PDFabbreviated format

1998

17-06-1998

Annual accounts 1997 filed PDFabbreviated format

1997

17-06-1997

Annual accounts 1996 filed PDFabbreviated format

1996

24-04-1996

Incorporation 18 publications in the Belgian Official Gazette, the last on 14-01-2013

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Inactive

DACO is no longer in the KBO register.

Last annual accounts: financial year to 31 December 2010
Last registered office: Vluchtenburgstraat 3, 2630 Aartselaaras published on 14 January 2013
Legal form: Public limited company
First annual accounts: financial year 1996

Official KBO record