DAUM
In liquidation since 30-04-2026Financials · financial year 2023, micro format
Annual accounts 2023 filed on 30-04-2024 PDF all 31 filings
Turnover
≈ €2.7m
Estimated: probably between €1.8m and €3.7m
Total assets
€507,663▲ 22.0%
2022 · €415,976
Net result
€217,656▲ 16.5%
2022 · €186,818
Working capital
€405,423▲ 116%
2022 · €187,767
Multi-year overview
2019 to 2023, 5 financial yearsOperating result
€292,080
▲ 31.5%
2023
20192023
Net result
€217,656
▲ 16.5%
2023
highest quarter of the sector
20192023
Equity
€406,443
▲ 115%
2023
highest quarter of the sector
20192023
Total assets
€507,663
▲ 22.0%
2023
highest quarter of the sector
20192023
Debt
€101,220
▼ 55.4%
2023
20192023
Working capital
€405,423
▲ 116%
2023
highest quarter of the sector
20192023
Solvency
80.1%
▲ 34.7pp
2023
highest quarter of the sector
20192023
Current ratio
5.01
▲ 3.18
2023
highest quarter of the sector
20192023
Return on assets (ROA)
42.9%
▼ 2.0pp
2023
highest quarter of the sector
20192023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€16,592-€88,512▲ 433%€202,912▲ 129%€222,057▲ 9.4%€292,080▲ 31.5%
Net result€16,485-€88,326above the sector's middle half▲ 436%€184,861above the sector's middle half▲ 109%€186,818above the sector's middle half▲ 1.1%€217,656above the sector's middle half▲ 16.5%
Equity-€71,217-€17,108within the sector's middle half€101,969within the sector's middle half▲ 496%€188,787above the sector's middle half▲ 85.1%€406,443above the sector's middle half▲ 115%
Total assets€84,142-€316,781within the sector's middle half▲ 276%€225,505within the sector's middle half▼ 28.8%€415,976above the sector's middle half▲ 84.5%€507,663above the sector's middle half▲ 22.0%
Debt€155,359-€299,672▲ 92.9%€123,535▼ 58.8%€227,189▲ 83.9%€101,220▼ 55.4%
Working capital€29,670-€117,996above the sector's middle half▲ 298%€100,949above the sector's middle half▼ 14.4%€187,767above the sector's middle half▲ 86.0%€405,423above the sector's middle half▲ 116%
Solvency-84.6%-5.4%below the sector's middle half▲ 90.0pp45.2%within the sector's middle half▲ 39.8pp45.4%within the sector's middle half▲ 0.2pp80.1%above the sector's middle half▲ 34.7pp
Current ratio1.56-1.60within the sector's middle half▲ 0.041.82within the sector's middle half▲ 0.221.83within the sector's middle half▲ 0.015.01above the sector's middle half▲ 3.18
Return on assets (ROA)19.6%-27.9%above the sector's middle half▲ 8.3pp82.0%above the sector's middle half▲ 54.1pp44.9%above the sector's middle half▼ 37.1pp42.9%above the sector's middle half▼ 2.0pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is 32% higher than in 2022 and the highest since 2019. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €507,663
Fixed assets
€1,020 =
Current assets
€506,643 ▲ 22.1%
Equity and liabilities €507,663
Equity
€406,443 ▲ 115%
Debt
€101,220 ▼ 55.4%
Debt's share of the balance-sheet total falls from 54.6% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
Quick ratio
3.33▲
2022 · 1.29
Debt to equity
0.25▼
2022 · 1.20
ROE
53.6%▼
2022 · 99.0%
Debt ≤ 1 year
€101,220▼
2022 · €227,189
Income taxes
€73,783▲
2022 · €35,076
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €200 | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €496 | €995 | ▲ 101% |
| Other operating charges640/8 | - | - | - | €244 | €202 | ▼ 17.1% |
| Gross operating margin9900 | €10,777 | €89,888 | €202,726 | €222,796 | €293,277 | ▲ 31.6% |
| Operating profit (loss)9901 | €16,592 | €88,512 | €202,912 | €222,057 | €292,080 | ▲ 31.5% |
| Recurring financial income75 | €0 | - | €2,431 | - | - | - |
| Financial charges65/66B | - | - | - | €163 | €641 | ▲ 293% |
| Recurring financial charges65 | €107 | €187 | €184 | €163 | €641 | ▲ 293% |
| Profit (loss) for the period before taxes9903 | €16,485 | €88,326 | €205,158 | €221,894 | €291,440 | ▲ 31.3% |
| Income taxes67/77 | - | - | €20,297 | €35,076 | €73,783 | ▲ 110% |
| Profit (loss) for the period9904 | €16,485 | €88,326 | €184,861 | €186,818 | €217,656 | ▲ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €16,485 | €88,326 | €184,861 | €186,818 | €217,656 | ▲ 16.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,142 | €316,781 | €225,505 | €415,976 | €507,663 | ▲ 22.0% |
| Fixed assets21/28 | €1,020 | €1,020 | €1,020 | €1,020 | €1,020 | = |
| Financial fixed assets28 | €1,020 | €1,020 | €1,020 | €1,020 | €1,020 | = |
| Current assets29/58 | €83,122 | €315,761 | €224,485 | €414,956 | €506,643 | ▲ 22.1% |
| Stocks and contracts in progress3 | €50,432 | €79,029 | €96,383 | €120,962 | €169,295 | ▲ 40.0% |
| Stocks30/36 | - | - | - | €120,962 | €169,295 | ▲ 40.0% |
| Amounts receivable within one year40/41 | - | €342 | - | €20,467 | €11,000 | ▼ 46.3% |
| Trade receivables40 | - | - | - | €2,200 | €11,000 | ▲ 400% |
| Other amounts receivable41 | - | - | - | €18,267 | - | - |
| Cash at bank and in hand54/58 | €32,690 | €236,390 | €128,102 | €273,527 | €326,348 | ▲ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,142 | €316,781 | €225,505 | €415,976 | €507,663 | ▲ 22.0% |
| Equity10/15 | -€71,217 | €17,108 | €101,969 | €188,787 | €406,443 | ▲ 115% |
| Contributions10/11 | €86,763 | €86,763 | €86,763 | €86,763 | €86,763 | = |
| Capital10 | - | - | - | €86,763 | €86,763 | = |
| Issued capital100 | - | - | - | €86,763 | €86,763 | = |
| Reserves13 | €10,736 | €13,736 | €15,207 | €15,207 | €15,207 | = |
| Non-distributable reserves130/1 | - | - | - | €8,676 | €8,676 | = |
| Legal reserve130 | - | - | - | €8,676 | €8,676 | = |
| Tax-exempt reserves132 | - | - | - | €3,000 | €3,000 | = |
| Distributable reserves133 | - | - | - | €3,530 | €3,530 | = |
| Profit (loss) carried forward14 | -€168,716 | -€83,391 | - | €86,818 | €304,474 | ▲ 251% |
| Amounts payable17/49 | €155,359 | €299,672 | €123,535 | €227,189 | €101,220 | ▼ 55.4% |
| Amounts payable after more than one year17 | €101,908 | €101,908 | - | - | - | - |
| Amounts payable within one year42/48 | €53,452 | €197,765 | €123,535 | €227,189 | €101,220 | ▼ 55.4% |
| Trade debts44 | - | €17,170 | €1,607 | €120,715 | €83,522 | ▼ 30.8% |
| Suppliers440/4 | - | - | - | €120,715 | €83,522 | ▼ 30.8% |
| Taxes, remuneration and social security45 | - | - | - | €5,665 | €16,418 | ▲ 190% |
| Taxes450/3 | - | - | - | €5,665 | €16,418 | ▲ 190% |
| Other amounts payable47/48 | - | - | - | €100,809 | €1,280 | ▼ 98.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,485 | €88,326 | €184,861 | €186,818 | €217,656 | ▲ 16.5% |
| + Depreciation and write-downs630 | €200 | - | - | - | - | - |
| Operating cash flow (approximation) | €16,685 | €88,326 | €184,861 | €186,818 | €217,656 | ▲ 16.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €203,700 | -€108,288 | €145,425 | €52,821 | ▼ 63.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 30-04-2024 | 2024-00076078 | |
| 30-09-2022 | micro format | 02-05-2023 | 2023-00075139 | |
| 30-09-2021 | micro format | 31-03-2022 | 2022-10000146 | |
| 30-09-2020 | micro format | 29-03-2021 | 2021-09100009 | |
| 30-09-2019 | micro format | 10-04-2020 | 2020-09200101 | |
| 30-09-2018 | micro format | 16-04-2019 | 2019-10100137 | |
| 30-09-2017 | micro format | 16-07-2018 | 2018-34000534 | |
| 30-09-2016 | abbreviated format | 15-06-2017 | 2017-18100117 | |
| 30-09-2015 | abbreviated format | 30-03-2016 | 2016-08100578 | |
| 30-09-2014 | abbreviated format | 18-05-2015 | 2015-12000352 |