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DCINEX ALPHA

Inactive
KBO/BCE: BE 0806.908.653

Inactive; last annual accounts for fiscal year 2013.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 23-05-2014, 69 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2013
69 d early
2012
64 d early
2011
60 d early
2010
66 d early
2009
65 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2013, full schema

Turnover
€24.69M▲ 36.4%
2012 · €18.10M
2010: €1.17M 2011: €8.37M 2012: €18.10M
2010 → 2013
EBIT margin
31.0%▲ 3.1pp
2012 · 27.9%
2010: -82.4% 2011: 10.2% 2012: 27.9%
2010 → 2013
Net result
€2.79M▲ 96.5%
2012 · €1.42M
2009: €-21k 2010: €-1.19M 2011: €-1.04M 2012: €1.42M
2009 → 2013
Working capital
€-4.28M▲ 46.7%
2012 · €-8.02M
2009: €119k 2010: €-10.02M 2011: €-4.65M 2012: €-8.02M
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20092010201120122013Trend
Turnover€1.17M€8.37M▲ 612%€18.10M▲ 116%€24.69M▲ 36.4%
Equity€79k-€42k▼ 47.3%€-1,000k€1.05M€3.19M▲ 205%
Operating result€-21k-€-967k▼ 4,557%€851k€5.04M▲ 493%€7.65M▲ 51.7%
Net result€-21k-€-1.19M▼ 5,617%€-1.04M▲ 12.3%€1.42M€2.79M▲ 96.5%
Result per fiscal year
Operating resultNet result
€-2.50M€0€2.50M€5.00M€7.50MOperating result 2009: €-21k€-21kNet result 2009: €-21k€-21kOperating result 2010: €-967k€-967kNet result 2010: €-1.19M€-1.19MOperating result 2011: €851k€851kNet result 2011: €-1.04M€-1.04MOperating result 2012: €5.04M€5.04MNet result 2012: €1.42M€1.42MOperating result 2013: €7.65M€7.65MNet result 2013: €2.79M€2.79M20092010201120122013€-2.5M€0€2.5M€5M€7.5MOperating result 2011: €851k€851kNet result 2011: €-1.04M€-1MOperating result 2012: €5.04M€5MNet result 2012: €1.42M€1.4MOperating result 2013: €7.65M€7.7MNet result 2013: €2.79M€2.8M201120122013
After the dip in 2010 the operating result has climbed three years in a row; 2013 is 52% above 2012 and is the highest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €94.21M
Fixed assets €76.86M =
Current assets €17.35M ▲ 3.0%
Equity and liabilities €94.21M
Equity €3.19M ▲ 205%
Provisions €56k ▲ 46.8%
Debt €90.97M ▼ 1.8%
Debt's share of the balance-sheet total falls from 98.8% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
2013 value · change against 2012
EBITDA
€20.99M
2012 · €13.30M
Cash flow
€16.13M
2012 · €9.68M
Current ratio
0.80
2012 · 0.68
Quick ratio
0.80
2012 · 0.68
Debt to equity
16.68
2012 · 50.80
ROE
87.6%
2012 · 135.8%
ROA
3.0%
2012 · 1.5%
Interest coverage
5.10
2012 · 3.76
Debt ≤ 1 year
€21.63M
2012 · €24.87M
Debt > 1 year
€53.12M=
2012 · €53.11M
Income taxes
€556k
2012 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2013 against 2012 · 28 lines
Balance sheet Code20122013
Assets
Total assets20/58€93.69M€94.21M
Fixed assets21/28€76.84M€76.86M=
Tangible fixed assets22/27€76.84M€76.86M=
Current assets29/58€16.85M€17.35M
Stocks and contracts in progress3€18k€89k
Amounts receivable within one year40/41€11.01M€10.50M
Current investments50/53-€18k
Cash at bank and in hand54/58€1.91M€2.64M
Equity and liabilities
Total equity and liabilities10/49€93.69M€94.21M
Equity10/15€1.05M€3.19M
Contributions10/11€1.88M€1.88M=
Reserves13-€353k
Profit (loss) carried forward14€-830k€957k
Provisions and deferred taxes16€38k€56k
Amounts payable17/49€92.60M€90.97M
Amounts payable after more than one year17€53.11M€53.12M=
Amounts payable within one year42/48€24.87M€21.63M
Trade debts44€10.87M€5.11M
Income statement Code20122013
Turnover70€18.10M€24.69M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8.26M€13.34M
Operating profit (loss)9901€5.04M€7.65M
Recurring financial income75€567k€564k
Recurring financial charges65€4.19M€4.87M
Debt charges650€3.53M€4.11M
Profit (loss) for the period before taxes9903€1.42M€3.35M
Income taxes67/77€2k€556k
Profit (loss) for the period9904€1.42M€2.79M
Profit (loss) for the period to be appropriated9905€1.42M€2.56M

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Timeline · acts, filings and financial milestones

2014
11-08
State Gazette act General meeting · Merger
Accounting effect · Dissolution
26-05
State Gazette act Board meeting · Merger
Capital · Accounting effect
23-05
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial Highest result since 2009net €2.79M ▲96.5%
Operating result €7.65M, net result €2.79M, both a record.
31-12
Financial Equity above €2MEq €3.19M ▲205%
2 profitable years in a row build equity to €3.19M.
28-05
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial Back to profitnet €1.42M
Net result €1.42M after 3 loss-making years.
31-12
Financial Equity above €1MEq €1.05M
Equity rises from €-1,000k to €1.05M.
01-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
26-05
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial Weakest financial yearnet €-1.19M
Net result drops to €-1.19M, the lowest in the series.
27-05
NBB filing Annual accounts filed
fiscal year 2009 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:dcinex
BE 0865.818.337merger by absorption · State Gazette act of 11-08-2014 (2 acts)

Recognitions · licences · registrations

Legal Entity Identifier

5493004DIVMT10ZKHS93
no longer live in the LEI register