DEWIMA
Open bankruptcyFinancials · financial year 2023, micro format
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 stays negative: a loss of €451,909 in 2023 against €14,665 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.5m
2023
Net result-€0.5m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.4m
2023
Equity-€0.9m
2023
Debt€1.3m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.0m
2023
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 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
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
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 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 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 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.