Losses
Every financial year from 2018 to 2020 closed with a loss. 2020 was the heaviest.
Every financial year from 2018 to 2020 closed with a loss. 2020 was the heaviest.
Of this, €376,863 falls due within a year.
The 2019 accounts came latest: 61 days after the end of the period.
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.
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.
Staff costs divided by the average number of full-time equivalents.
In 2020, 4 people joined and 5 left.
| Line | Trend | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
412,211 | 456,798 | 580,480 | |
20 |
1,065 | 1,597 | 2,129 | |
21/28 |
214,016 | 319,793 | 369,885 | |
22/27 |
212,418 | 318,195 | 368,287 | |
23 |
18,424 | 25,151 | 33,127 | |
24 |
193,994 | 293,045 | 335,160 | |
28 |
1,597 | 1,597 | 1,597 | |
29/58 |
197,131 | 135,409 | 208,466 | |
3 |
34,809 | 26,009 | 29,833 | |
30/36 |
23,969 | 26,009 | 29,833 | |
37 |
10,840 | - | - | |
40/41 |
81,813 | 78,214 | 70,596 | |
40 |
52,363 | 69,980 | 29,641 | |
41 |
29,450 | 8,234 | 40,955 | |
54/58 |
78,106 | 28,696 | 105,875 | |
490/1 |
2,403 | 2,490 | 2,163 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
412,211 | 456,798 | 580,480 | |
10/15 |
-76,895 | -31,429 | 1,990 | |
10/11 |
12,500 | 12,500 | 12,500 | |
100 |
- | 18,600 | 18,600 | |
101 |
- | 6,100 | 6,100 | |
14 |
-89,395 | -43,929 | -10,510 | |
17/49 |
489,107 | 488,228 | 578,490 | |
17 |
111,434 | 148,965 | 228,787 | |
170/4 |
111,434 | 148,965 | 228,787 | |
42/48 |
376,863 | 339,137 | 349,260 | |
42 |
77,634 | 79,822 | 78,247 | |
43 |
75,000 | 75,000 | 75,000 | |
439 |
75,000 | 75,000 | 75,000 | |
44 |
97,434 | 104,074 | 154,877 | |
440/4 |
97,434 | 104,074 | 154,877 | |
45 |
124,481 | 77,789 | 40,145 | |
450/3 |
422 | 5,333 | 6,528 | |
454/9 |
124,059 | 72,455 | 33,617 | |
47/48 |
2,315 | 2,452 | 991 | |
492/3 |
810 | 126 | 443 | |
| Income statement | ||||
9900 |
343,321 | 476,551 | 673,280 | |
62 |
316,266 | 442,690 | 641,687 | |
630 |
45,478 | 52,746 | 31,057 | |
640/8 |
7,183 | 2,668 | 3,496 | |
66A |
14,000 | 1,400 | 1,240 | |
9901 |
-39,605 | -22,953 | -4,201 | |
75/76B |
3,252 | 2,326 | 3,770 | |
75 |
3,252 | 2,326 | 3,770 | |
65/66B |
8,987 | 12,659 | 9,917 | |
65 |
8,987 | 12,659 | 9,917 | |
9903 |
-45,340 | -33,286 | -10,348 | |
67/77 |
126 | 134 | 162 | |
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 |
8.5 | 10.9 | 12.3 | |
Hours worked1013 |
8,720 | 12,604 | 15,536 | |
| Document | ||||
Source: Annual accounts 2020 (PDF), filed on 30-08-2021.
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.
| Line | Trend | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| 5,873 | 29,793 | 26,856 | ||
| 12 | 19,326 | 20,547 | ||
| 2,918 | 2,122 | 400,409 | ||
| 49,410 | -77,179 | - | ||
| -179,732 | -203,728 | -140,793 | ||
| -18.7% | -6.9% | 0.3% | ||
| 0.52 | 0.40 | 0.60 | ||
| 0.43 | 0.32 | 0.51 | ||
| - | - | -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.
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).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
DDS is no longer in the KBO register.
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