DC²
Open bankruptcyFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-04-2026 PDF all 4 filings
Turnover
≈ €170,000
Estimated: probably between €79,000 and €410,000
Total assets
€611,984▼ 52.8%
2023 · €1.3m
Net result
-€30,518▲ 66.0%
2023 · -€89,886
Working capital
-€158,236
2023 · €763,167
Trend over the years
2021 to 2025, 4 financial years
The operating result for 2025 is €19,611, against a loss of €23,819 in 2023. Comparable figures for the intervening years are unavailable.
Operating result€0.02m
2025
Net result-€0.03m
2025
Total assets€0.6m
2025
Equity-€0.2m
2025
Debt€0.8m
2025
Working capital-€0.2m
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232025
Operating result-€0.006m--€0.03m▼ 361%-€0.02m▲ 19.3%€0.02m-
Net result-€0.006m--€0.04m▼ 467%-€0.09m▼ 147%-€0.03m-
Equity-€0.001m--€0.04m▼ 2,563%-€0.1m▼ 238%-€0.2m-
Total assets€0.3m-€0.9m▲ 147%€1.3m▲ 52.2%€0.6m-
Debt€0.3m-€0.9m▲ 157%€1.4m▲ 60.0%€0.8m-
Working capital-€0.002m-€0.4m€0.8m▲ 78.1%-€0.2m-
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-25.9%▼
2023 · -9.8%
Current ratio
0.79▼
2023 · 2.45
Quick ratio
0.03▼
2023 · 0.05
ROA
-5.0%▲
2023 · -6.9%
Debt ≤ 1 year
€770,220▲
2023 · €527,026
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · €137,053 awarded| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €37,053 | €0 |
| 2023 | 1 | €100,000 | €0 |
Annual accounts
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,126 | €1,930 | - | - |
| Other operating charges640/8 | €50 | €1,589 | €894 | €2,813 | - |
| Gross operating margin9900 | -€6,348 | -€26,802 | -€20,995 | €22,424 | - |
| Operating profit (loss)9901 | -€6,398 | -€29,517 | -€23,819 | €19,611 | - |
| Financial income75/76B | - | €63 | €0 | €281 | - |
| Recurring financial income75 | - | €63 | €0 | €281 | - |
| Financial charges65/66B | €22 | €6,958 | €66,067 | €50,409 | - |
| Recurring financial charges65 | €22 | €6,958 | €66,067 | €50,409 | - |
| Profit (loss) for the period before taxes9903 | -€6,420 | -€36,412 | -€89,886 | -€30,518 | - |
| Profit (loss) for the period9904 | -€6,420 | -€36,412 | -€89,886 | -€30,518 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,420 | -€36,412 | -€89,886 | -€30,518 | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.3m | €0.9m | €1.3m | €0.6m | - |
| Fixed assets21/28 | €0.001m | €0.009m | €0.007m | - | - |
| Tangible fixed assets22/27 | - | €0.009m | €0.007m | - | - |
| Furniture and vehicles24 | - | €0.009m | €0.007m | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | - | - |
| Current assets29/58 | €0.3m | €0.8m | €1.3m | €0.6m | - |
| Stocks and contracts in progress3 | €0.3m | €0.8m | €1.3m | €0.6m | - |
| Stocks30/36 | €0.3m | €0.8m | €1.3m | €0.6m | - |
| Amounts receivable within one year40/41 | - | €0.04m | €0.03m | €0.03m | - |
| Trade receivables40 | - | €0.04m | €0.03m | €0.03m | - |
| Other amounts receivable41 | - | €475 | €0.001m | €0.001m | - |
| Cash at bank and in hand54/58 | €488 | €0.001m | €0.002m | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.3m | €0.9m | €1.3m | €0.6m | - |
| Equity10/15 | -€0.001m | -€0.04m | -€0.1m | -€0.2m | - |
| Contributions10/11 | €0.005m | €0.005m | €0.005m | €0.005m | - |
| Profit (loss) carried forward14 | -€0.006m | -€0.04m | -€0.1m | -€0.2m | - |
| Amounts payable17/49 | €0.3m | €0.9m | €1.4m | €0.8m | - |
| Amounts payable after more than one year17 | - | €0.5m | €0.9m | - | - |
| Financial debts170/4 | - | €0.5m | €0.9m | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.5m | €0.8m | - |
| Financial debts43 | - | - | - | €17 | - |
| Credit institutions430/8 | - | - | - | €17 | - |
| Trade debts44 | €0.007m | €0.05m | €0.1m | €0.3m | - |
| Suppliers440/4 | €0.007m | €0.05m | €0.1m | €0.3m | - |
| Other amounts payable47/48 | €0.3m | €0.4m | €0.4m | €0.5m | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,420 | -€36,412 | -€89,886 | -€30,518 | - |
| + Depreciation and write-downs630 | - | €1,126 | €1,930 | - | - |
| Operating cash flow (approximation) | -€6,420 | -€35,286 | -€87,956 | -€30,518 | - |
| Investment in fixed assets (approximation) | - | -€9,650 | €0 | - | - |
| Change in cash | - | €35 | €1,485 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.