DEWIMA
Open bankruptcyFinancials · financial year 2023, micro format
Annual accounts 2023 filed on 30-04-2024 PDF all 24 filings
Turnover
≈ €440,000
Estimated: probably between €290,000 and €670,000
Total assets
€354,962▲ 95.0%
2022 · €182,001
Net result
-€545,581▼ 3,551%
2022 · -€14,944
Working capital
-€1.0m▼ 88.8%
2022 · -€536,162
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result for 2023 is a loss of €451,909, larger than the loss of €14,665 in 2022. It is the lowest result since 2019.
Operating result-€0.5m
2023
Net result-€0.5m
2023
Total assets€0.4m
2023
Equity-€0.9m
2023
Debt€1.3m
2023
Working capital-€1.0m
2023
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
Line20192020202120222023
Operating result-€0.2m--€0.08m▲ 54.0%-€0.009m▲ 88.1%-€0.01m▼ 62.2%-€0.5m▼ 2,982%
Net result-€0.2m--€0.08m▲ 53.9%-€0.009m▲ 87.9%-€0.01m▼ 62.5%-€0.5m▼ 3,551%
Equity-€0.3m--€0.3m▼ 29.5%-€0.3m▼ 2.8%-€0.4m▼ 4.4%-€0.9m▼ 153%
Total assets€0.2m-€0.1m▼ 14.3%€0.1m▼ 6.3%€0.2m▲ 37.3%€0.4m▲ 95.0%
Debt€0.4m-€0.5m▲ 12.4%€0.5m▲ 0.1%€0.5m▲ 13.6%€1.3m▲ 133%
Working capital-€0.4m--€0.5m▼ 16.7%-€0.5m▼ 0.7%-€0.5m▼ 13.8%-€1.0m▼ 88.8%
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €354,962
Fixed assets
€111,142 ▼ 38.4%
Current assets
€243,821 ▲ 162×
Equity and liabilities
Equity-€902,843
Debt€1.3m
Equity is negative. Debt (€1.3m) exceeds the balance-sheet total (€354,962).
Key figures and ratios
EBITDA
-€441,971▼
2022 · -€5,584
Cash flow
-€535,644▼
2022 · -€5,864
Solvency
-254.3%▼
2022 · -196.3%
Current ratio
0.19▲
2022 · 0.00
ROA
-153.7%▼
2022 · -8.2%
Interest coverage
-4.72▲
2022 · -19.99
Debt ≤ 1 year
€1.3m▲
2022 · €537,663
Debt > 1 year
€1,600=
2022 · €1,600
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.
Investments
| Item | 30-09-2022 | 30-09-2023 |
|---|---|---|
| Tangible fixed assets | €84,346 | - |
| Depreciation and write-downs of the year | €9,081 | €9,938 |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €226,579 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,279 | €9,081 | €9,081 | €9,081 | €9,938 | ▲ 9.4% |
| Other operating charges640/8 | - | - | - | €1,788 | €615,501 | ▲ 344× |
| Gross operating margin9900 | -€3,581 | -€5,007 | €1,816 | -€3,796 | €173,530 | - |
| Operating profit (loss)9901 | -€164,363 | -€75,653 | -€9,039 | -€14,665 | -€451,909 | ▼ 2,982% |
| Financial income75/76B | - | - | - | - | €10 | - |
| Recurring financial income75 | - | - | - | - | €10 | - |
| Financial charges65/66B | - | - | - | €279 | €93,683 | ▲ 335× |
| Recurring financial charges65 | €340 | €204 | €158 | €279 | €93,683 | ▲ 335× |
| Profit (loss) for the period before taxes9903 | -€164,703 | -€75,857 | -€9,197 | -€14,944 | -€545,581 | ▼ 3,551% |
| Profit (loss) for the period9904 | -€164,703 | -€75,857 | -€9,197 | -€14,944 | -€545,581 | ▼ 3,551% |
| Profit (loss) for the period to be appropriated9905 | -€164,703 | -€75,857 | -€9,197 | -€14,944 | -€545,581 | ▼ 3,551% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.2m | €0.1m | €0.1m | €0.2m | €0.4m | ▲ 95.0% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 38.4% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 38.5% |
| Land and buildings22 | - | - | - | €0.2m | €0.1m | ▼ 38.5% |
| Financial fixed assets28 | €283 | €283 | €283 | €283 | €283 | = |
| Current assets29/58 | €0.02m | €0.002m | €0.002m | €0.002m | €0.2m | ▲ 162× |
| Amounts receivable within one year40/41 | €0.002m | - | - | - | €0.2m | - |
| Other amounts receivable41 | - | - | - | - | €0.2m | - |
| Cash at bank and in hand54/58 | €0.01m | €0.001m | €0.001m | €102 | €156 | ▲ 52.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | ▼ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.2m | €0.1m | €0.1m | €0.2m | €0.4m | ▲ 95.0% |
| Equity10/15 | -€0.3m | -€0.3m | -€0.3m | -€0.4m | -€0.9m | ▼ 153% |
| Contributions10/11 | €0.007m | - | - | €0.007m | €0.007m | = |
| Reserves13 | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.007m | €0.007m | = |
| Profit (loss) carried forward14 | -€0.3m | -€0.3m | -€0.4m | -€0.4m | -€0.9m | ▼ 146% |
| Amounts payable17/49 | €0.4m | €0.5m | €0.5m | €0.5m | €1.3m | ▲ 133% |
| Amounts payable after more than one year17 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Other amounts payable178/9 | - | - | - | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €0.4m | €0.5m | €0.5m | €0.5m | €1.3m | ▲ 134% |
| Trade debts44 | €0.3m | €0.3m | €0.3m | €0.3m | €1.0m | ▲ 213% |
| Suppliers440/4 | - | - | - | €0.3m | €1.0m | ▲ 213% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | ▲ 3.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€164,703 | -€75,857 | -€9,197 | -€14,944 | -€545,581 | ▼ 3,551% |
| + Depreciation and write-downs630 | €9,279 | €9,081 | €9,081 | €9,081 | €9,938 | ▲ 9.4% |
| Operating cash flow (approximation) | -€155,424 | -€66,776 | -€116 | -€5,864 | -€535,644 | ▼ 9,035% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€59,172 | €59,421 | - |
| Change in cash | - | -€13,180 | -€170 | -€677 | €54 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 30-04-2024 | 2024-00078149 | |
| 30-09-2022 | micro format | 26-04-2023 | 2023-00075524 | |
| 30-09-2021 | micro format | 07-03-2022 | 2022-07200459 | |
| 30-09-2020 | micro format | 26-03-2021 | 2021-08900200 | |
| 30-09-2019 | micro format | 31-05-2020 | 2020-14700271 | |
| 30-09-2018 | micro format | 06-06-2019 | 2019-17300423 | |
| 30-09-2017 | micro format | 27-04-2018 | 2018-11300192 | |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08600173 | |
| 30-09-2015 | abbreviated format | 31-05-2016 | 2016-15200340 | |
| 30-09-2014 | abbreviated format | 02-04-2015 | 2015-09400328 |