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DDS

Inactive KBO/BCE: BE 0682.878.911

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €673,280 (2018)
€343,321▼ 28.0%
lowest -€45,466 (2020)
-€45,466▼ €12,047
peak €1,990 (2018)
-€76,895▼ €45,466
€489,107▲ 0.2%
peak 12.3 FTE (2018)
8.5 FTE▼ 22.0%
Documentsfilings and deeds
30-08-202130 days late
2020abbreviated format
Gross margin from €476,551 to €343,321Loss of €45,466Staff from 10.9 FTE to 8.5 FTEEquity from -€31,429 to -€76,895Cash from €28,696 to €78,106

Key points

from the 2020 annual accounts, the last ones filed

Losses

-€89,395 in three years
-10,5102018-33,4192019-45,4662020

Every financial year from 2018 to 2020 closed with a loss. 2020 was the heaviest.

Debts

€489,107 119% of the balance sheet
After one year 23%Within one year 77%

Of this, €376,863 falls due within a year.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober201820192020

The 2019 accounts came latest: 61 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Dendermonde division · judgment of 02-10-2023 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 29-09-2021 · Bankruptcy
Incorporation Gazette deed
All 7 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 17-10-2017 · bankruptcy closed on 02-10-2023
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€343,321▼ 28.0%
≈ €810,000estimated
€45,466▲ 36.0%
-€76,895▼ 145%
€412,211▼ 9.8%
8.5 FTE▼ 22.0%
Filing
Filed on 30-08-2021
Financials

Insights on DDS

Equity fell from €1,990 in 2018 to -€76,895 in 2020.

On 29 September 2021 the court declared DDS bankrupt.

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

Financials

Annual accounts 2020

abbreviated format, filed on 30-08-2021, 30 days late
€343,321
▼ 28.0%
-€39,605
▼ €16,652
-€45,466
▼ €12,047
-€179,732
▲ €23,996
-18.7%
▼ 11.8 percentage points
0.52
▲ 0.12

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 ≈ €810,000. Estimated: probably between €490,000 and €1.4m.

Balance sheet

balance sheet total €412,211 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Staff

€37,208

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2020, 4 people joined and 5 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018
Balance sheet: assets
20/58 412,211456,798580,480
20 1,0651,5972,129
21/28 214,016319,793369,885
22/27 212,418318,195368,287
23 18,42425,15133,127
24 193,994293,045335,160
28 1,5971,5971,597
29/58 197,131135,409208,466
3 34,80926,00929,833
30/36 23,96926,00929,833
37 10,840--
40/41 81,81378,21470,596
40 52,36369,98029,641
41 29,4508,23440,955
54/58 78,10628,696105,875
490/1 2,4032,4902,163
Balance sheet: equity and liabilities
10/49 412,211456,798580,480
10/15 -76,895-31,4291,990
10/11 12,50012,50012,500
100 -18,60018,600
101 -6,1006,100
14 -89,395-43,929-10,510
17/49 489,107488,228578,490
17 111,434148,965228,787
170/4 111,434148,965228,787
42/48 376,863339,137349,260
42 77,63479,82278,247
43 75,00075,00075,000
439 75,00075,00075,000
44 97,434104,074154,877
440/4 97,434104,074154,877
45 124,48177,78940,145
450/3 4225,3336,528
454/9 124,05972,45533,617
47/48 2,3152,452991
492/3 810126443
Income statement
9900 343,321476,551673,280
62 316,266442,690641,687
630 45,47852,74631,057
640/8 7,1832,6683,496
66A 14,0001,4001,240
9901 -39,605-22,953-4,201
75/76B 3,2522,3263,770
75 3,2522,3263,770
65/66B 8,98712,6599,917
65 8,98712,6599,917
9903 -45,340-33,286-10,348
67/77 126134162
9904 -45,466-33,419-10,510
9905 -45,466-33,419-10,510
Appropriation of the result
9906 -89,395-43,929-10,510
Social balance sheet
9087 8.510.912.3
Hours worked1013 8,72012,60415,536
Document PDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 30-08-2021.

Download as CSV

Filings

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

2020 annual accounts filed 30 days after the deadline. Filed on 30 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-64000173.

Financial year Type Filed Reference Document
31-12-2020 abbreviated format 30-08-2021 2021-64000173 PDF
31-12-2019 abbreviated format 30-09-2020 2020-58300575 PDF
31-12-2018 abbreviated format 29-08-2019 2019-58100087 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018
5,87329,79326,856
1219,32620,547
2,9182,122400,409
49,410-77,179-
-179,732-203,728-140,793
-18.7%-6.9%0.3%
0.520.400.60
0.430.320.51
---528.0%
-11.0%-7.3%-1.8%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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 DDS

The operating result for 2020 is a loss of €39,605, larger than the loss of €22,953 in 2019. It is the lowest result since 2018.

Equity is negative. Debt (€489,107) exceeds the balance-sheet total (€412,211).

Board & ownership

Curators

2 mandates
Curator, Edingsesteenweg 268, 9400 Ninove
from 29-09-2021 to 02-10-2023
Also on 112 other cases
Curator, Leo De Bethunelaan 89, 9300 Aalst
from 29-09-2021 to 02-10-2023
Also on 2 other cases

Control

Capital

Capital
€12,500
Source
2019 annual accounts

Office holders in the KBO →

Timeline

Timeline

7 events since 2017
2023
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Dendermonde division · judgment of 02-10-2023
2021
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 29-09-2021
Annual accounts 2020 filed PDFabbreviated format · 30 days late
2020
Weakest financial year net -€45,466 The net result drops to -€45,466, the lowest from 2018 to 2020.
Annual accounts 2019 filed PDFabbreviated format · 61 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 29 days late
2017
Incorporation PDF

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €580,480 in 2018 to €412,211 in 2020 and headcount from 12.3 to 8.5 full-time equivalents.1 DDS was declared bankrupt on 29 September 2021. The bankruptcy was closed on 2 October 2023.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian Official Gazette, 05-10-2021
  3. 3Belgian Official Gazette, 06-10-2023

Company details

Inactive

DDS is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2020
Last registered office
Botermelkstraat 117, 9420 Erpe-Mereas published on 17 October 2017
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2018
Official KBO record