DAVID’S CONSTRUCTIONS
Annual accounts 2023
micro format, filed on 29-11-2024, 121 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €490,000. Estimated: probably between €330,000 and €720,000.
Balance sheet
balance sheet total €88,444 on 31-12-2023in euro
in euro
Position in the sector
6.4%
Higher than 12% of 33,151 companies in 2023.
0.82
Higher than 14% of 32,661 companies in 2023.
3.5%
Higher than 39% of 32,800 companies in 2023.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€35,649
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2023, 1 person joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
88,444 | 91,003 | |
21/28 |
24,681 | 37,210 | |
22/27 |
24,681 | 37,210 | |
23 |
4,000 | 3,809 | |
24 |
2,025 | 2,658 | |
25 |
18,656 | 30,742 | |
29/58 |
63,764 | 53,793 | |
40/41 |
25,953 | 53,721 | |
40 |
25,953 | 47,478 | |
41 |
0 | 6,242 | |
54/58 |
29,868 | 72 | |
490/1 |
7,942 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
88,444 | 91,003 | |
10/15 |
5,629 | 2,500 | |
10/11 |
2,000 | 2,000 | |
13 |
3,629 | - | |
133 |
3,629 | - | |
14 |
0 | 500 | |
17/49 |
82,816 | 88,503 | |
17 |
4,909 | 8,163 | |
170/4 |
4,909 | 8,163 | |
42/48 |
77,907 | 80,340 | |
42 |
8,344 | 12,816 | |
43 |
37,000 | - | |
430/8 |
37,000 | - | |
44 |
25,159 | 50,767 | |
440/4 |
25,159 | 50,767 | |
45 |
6,443 | 10,101 | |
450/3 |
4,112 | 731 | |
454/9 |
2,331 | 9,370 | |
47/48 |
960 | 6,656 | |
| Income statement | |||
76A |
0 | 5,344 | |
9900 |
144,477 | 174,087 | |
62 |
117,641 | 162,560 | |
630 |
6,970 | 7,918 | |
640/8 |
2,658 | 439 | |
66A |
2,986 | - | |
9901 |
14,222 | 3,170 | |
75/76B |
118 | 523 | |
75 |
118 | 523 | |
65/66B |
8,237 | 2,462 | |
65 |
8,237 | 2,462 | |
9903 |
6,103 | 1,231 | |
67/77 |
2,974 | 731 | |
9904 |
3,129 | 500 | |
9905 |
3,129 | 500 | |
| Appropriation of the result | |||
9906 |
3,629 | 500 | |
14P |
500 | - | |
691/2 |
3,629 | - | |
6921 |
3,629 | - | |
| Social balance sheet | |||
9087 |
3.3 | 3.7 | |
Hours worked1013 |
3,619 | 5,304 | |
| Document | |||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 29-11-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 121 days after the deadline. Filed on 29 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00606558.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| 21,192 | 11,088 | ||
| 10,098 | 8,418 | ||
| 1,320 | 60,858 | ||
| 29,796 | - | ||
| -14,143 | -26,546 | ||
| 6.4% | 2.7% | ||
| 0.82 | 0.67 | ||
| 14.71 | 35.40 | ||
| 55.6% | 20.0% | ||
| 3.5% | 0.5% | ||
| 2.57 | 4.50 |
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.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 4 |
| full-time | 3 | 4 |
| part-time | 0 | - |
| in full-time equivalents | 3 | 4 |
| 3.3 | 3.7 | |
| On a permanent contract | 3 | 4 |
| Joined | 1 | 6 |
| Left | 2 | 2 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 |
|---|---|---|
| Tangible fixed assets | €1,320 | €60,858 |
| €6,970 | €7,918 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Insights on DAVID’S CONSTRUCTIONS
The operating result for 2023 is 4.5 times that of 2022.
Debt's share of the balance-sheet total falls from 97.3% to 93.6%. Equity is higher and debt is lower.