DFGR
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 61 days after the deadline Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00516376.
Annual accounts 2024 filed on 30-09-2025 PDF all 7 filings
Turnover
≈ €540,000
Estimated: probably between €480,000 and €680,000
Total assets
€68,256▲ 10.8%
2023 · €61,614
Net result
-€41,964▼ 48.5%
2023 · -€28,252
Working capital
-€153,457▼ 27.3%
2023 · -€120,573
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€36,270
▼ 73.4%
2024
20182024
Net result
-€41,964
▼ 48.5%
2024
lowest quarter of the sector
20182024
Equity
-€110,741
▼ 61.0%
2024
lowest quarter of the sector
20182024
Total assets
€68,256
▲ 10.8%
2024
middle half of the sector
20182024
Debt
€178,997
▲ 37.3%
2024
20182024
Working capital
-€153,457
▼ 27.3%
2024
lowest quarter of the sector
20182024
Solvency
-162.2%
▼ 50.6pp
2024
lowest quarter of the sector
20182024
Current ratio
0.14
▲ 0.07
2024
lowest quarter of the sector
20182024
Return on assets (ROA)
-61.5%
▼ 15.6pp
2024
lowest quarter of the sector
20182024
Staff (FTE)
10
▼ 6.5%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€1,940-€11,567-€31,198€45,209-€2,746-€20,918▼ 662%-€36,270▼ 73.4%
Net result-€12,675-€1,679-€38,975below the sector's middle half€36,797above the sector's middle half-€28,352below the sector's middle half-€28,252below the sector's middle half▲ 0.4%-€41,964below the sector's middle half▼ 48.5%
Equity-€5,475--€3,796▲ 30.7%-€37,711below the sector's middle half▼ 894%€247within the sector's middle half-€28,105below the sector's middle half-€68,777below the sector's middle half▼ 145%-€110,741below the sector's middle half▼ 61.0%
Total assets€105,850-€127,995▲ 20.9%€92,241within the sector's middle half▼ 27.9%€77,884within the sector's middle half▼ 15.6%€87,391within the sector's middle half▲ 12.2%€61,614within the sector's middle half▼ 29.5%€68,256within the sector's middle half▲ 10.8%
Debt€111,325-€131,791▲ 18.4%€129,951▼ 1.4%€77,638▼ 40.3%€115,496▲ 48.8%€130,391▲ 12.9%€178,997▲ 37.3%
Working capital-€34,739--€85,309▼ 146%-€125,673below the sector's middle half▼ 47.3%-€73,235below the sector's middle half▲ 41.7%-€90,916below the sector's middle half▼ 24.1%-€120,573below the sector's middle half▼ 32.6%-€153,457below the sector's middle half▼ 27.3%
Solvency-5.2%--3.0%▲ 2.2pp-40.9%below the sector's middle half▼ 37.9pp0.3%within the sector's middle half▲ 41.2pp-32.2%below the sector's middle half▼ 32.5pp-111.6%below the sector's middle half▼ 79.5pp-162.2%below the sector's middle half▼ 50.6pp
Current ratio0.49-0.23▼ 0.260.03below the sector's middle half▼ 0.190.06below the sector's middle half▲ 0.020.21below the sector's middle half▲ 0.160.07below the sector's middle half▼ 0.140.14below the sector's middle half▲ 0.07
Return on assets (ROA)-12.0%-1.3%▲ 13.3pp-42.3%below the sector's middle half▼ 43.6pp47.2%above the sector's middle half▲ 89.5pp-32.4%below the sector's middle half▼ 79.7pp-45.9%below the sector's middle half▼ 13.4pp-61.5%below the sector's middle half▼ 15.6pp
Staff (FTE)3.5-3.5=12.510.7▼ 14.4%10▼ 6.5%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €36,270, larger than the loss of €20,918 in 2023. It is the lowest result since 2020.
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
2024 in colour, 2023 as the grey bar beneath
Assets €68,256
Fixed assets
€42,725 ▼ 19.1%
Current assets
€25,531 ▲ 190%
Equity and liabilities
Equity-€110,741
Debt€178,997
Equity is negative. Debt (€178,997) exceeds the balance-sheet total (€68,256).
Key figures and ratios
EBITDA
-€22,925▼
2023 · -€7,069
Cash flow
-€28,619▼
2023 · -€14,402
Interest coverage
-4.01▼
2023 · -0.99
Debt ≤ 1 year
€178,988▲
2023 · €129,391
Income taxes
€61▼
2023 · €240
Staff costs
€198,411▲
2023 · €184,257
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.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 10 | 11 | 10 |
| full-time | - | - | 0 |
| part-time | 10 | 11 | 10 |
| in full-time equivalents | 4.1 | 4.5 | 4.3 |
| Average over the year, in full-time equivalents | 5.3 | 4.5 | 4.5 |
| On a permanent contract | 10 | 10 | 9 |
| Joined | 7 | 3 | 0 |
| Left | 9 | 2 | 1 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,845 | €3,836 | €3,274 |
| Depreciation and write-downs of the year | €14,992 | €14,481 | €13,516 | €13,850 | €13,345 |
Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,237 | €13,042 | €7,812 | €13,615 | €18,085 | ▲ 32.8% |
| Remuneration, social security and pensions62 | - | - | €103,292 | €106,440 | €203,864 | €184,257 | €198,411 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,727 | €15,362 | €14,992 | €14,481 | €13,516 | €13,850 | €13,345 | ▼ 3.6% |
| Other operating charges640/8 | - | - | €4,776 | €12,140 | €11,578 | €5,843 | €27,341 | ▲ 368% |
| Non-recurring operating charges66A | - | - | €15,581 | - | - | - | - | - |
| Gross operating margin9900 | €216,120 | €211,052 | €107,442 | €178,270 | €226,212 | €183,032 | €202,827 | ▲ 10.8% |
| Operating profit (loss)9901 | -€1,940 | €11,567 | -€31,198 | €45,209 | -€2,746 | -€20,918 | -€36,270 | ▼ 73.4% |
| Financial income75/76B | - | - | €8 | €1 | €401 | €75 | €84 | ▲ 10.8% |
| Recurring financial income75 | €210 | €596 | €8 | €1 | €401 | €75 | €84 | ▲ 10.8% |
| Financial charges65/66B | - | - | €7,485 | €6,984 | €11,917 | €7,169 | €5,718 | ▼ 20.2% |
| Recurring financial charges65 | €10,588 | €10,165 | €7,485 | €6,984 | €11,917 | €7,169 | €5,718 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | -€12,318 | €1,997 | -€38,675 | €38,226 | -€14,262 | -€28,011 | -€41,904 | ▼ 49.6% |
| Income taxes67/77 | €356 | €319 | €300 | €1,428 | €14,089 | €240 | €61 | ▼ 74.7% |
| Profit (loss) for the period9904 | -€12,675 | €1,679 | -€38,975 | €36,797 | -€28,352 | -€28,252 | -€41,964 | ▼ 48.5% |
| Profit (loss) for the period to be appropriated9905 | -€12,675 | €1,679 | -€38,975 | €36,797 | -€28,352 | -€28,252 | -€41,964 | ▼ 48.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €105,850 | €127,995 | €92,241 | €77,884 | €87,391 | €61,614 | €68,256 | ▲ 10.8% |
| Fixed assets21/28 | €72,921 | €102,954 | €87,962 | €73,482 | €62,810 | €52,797 | €42,725 | ▼ 19.1% |
| Intangible fixed assets21 | €625 | €125 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €71,788 | €102,322 | €87,455 | €72,974 | €62,303 | €52,289 | €42,218 | ▼ 19.3% |
| Furniture and vehicles24 | - | - | €4,197 | €2,326 | €1,089 | - | - | - |
| Other tangible fixed assets26 | - | - | €83,258 | €70,648 | €61,214 | €52,289 | €42,218 | ▼ 19.3% |
| Financial fixed assets28 | €507 | €507 | €507 | €507 | €507 | €507 | €507 | = |
| Current assets29/58 | €32,929 | €25,040 | €4,279 | €4,403 | €24,580 | €8,817 | €25,531 | ▲ 190% |
| Amounts receivable within one year40/41 | €16,603 | €21,108 | €951 | €2,620 | €17,308 | €4,937 | €19,624 | ▲ 297% |
| Trade receivables40 | - | - | - | - | - | €1,500 | €12,770 | ▲ 751% |
| Other amounts receivable41 | - | - | €951 | €2,620 | €17,308 | €3,437 | €6,854 | ▲ 99.4% |
| Cash at bank and in hand54/58 | €14,672 | €2,798 | €3,328 | €1,783 | €5,847 | €3,880 | €5,907 | ▲ 52.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,425 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €105,850 | €127,995 | €92,241 | €77,884 | €87,391 | €61,614 | €68,256 | ▲ 10.8% |
| Equity10/15 | -€5,475 | -€3,796 | -€37,711 | €247 | -€28,105 | -€68,777 | -€110,741 | ▼ 61.0% |
| Contributions10/11 | €7,200 | €7,200 | €12,260 | €13,420 | €13,420 | €1,000 | €1,000 | = |
| Capital10 | - | - | €12,260 | €13,420 | - | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | €6,340 | €5,180 | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | €13,420 | €1,000 | - | - |
| Other1109/19 | - | - | - | - | €13,420 | €1,000 | - | - |
| Profit (loss) carried forward14 | -€12,675 | -€10,996 | -€49,971 | -€13,173 | -€41,525 | -€69,777 | -€111,741 | ▼ 60.1% |
| Amounts payable17/49 | €111,325 | €131,791 | €129,951 | €77,638 | €115,496 | €130,391 | €178,997 | ▲ 37.3% |
| Amounts payable after more than one year17 | €42,360 | €21,441 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €67,668 | €110,349 | €129,951 | €77,638 | €115,496 | €129,391 | €178,988 | ▲ 38.3% |
| Current portion of amounts payable after more than one year42 | - | - | €33,043 | €9,923 | - | - | - | - |
| Trade debts44 | €13,364 | €41,576 | €40,601 | €23,720 | €31,063 | €36,747 | €34,807 | ▼ 5.3% |
| Suppliers440/4 | - | - | €40,601 | €23,720 | €31,063 | €36,747 | €34,807 | ▼ 5.3% |
| Taxes, remuneration and social security45 | - | - | €56,308 | €42,317 | €84,432 | €84,172 | €137,838 | ▲ 63.8% |
| Taxes450/3 | - | - | €24,710 | €12,499 | €42,552 | €40,557 | €51,026 | ▲ 25.8% |
| Remuneration and social security454/9 | - | - | €31,598 | €29,818 | €41,880 | €43,615 | €86,813 | ▲ 99.0% |
| Other amounts payable47/48 | - | - | - | €1,678 | - | €8,472 | €6,343 | ▼ 25.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,000 | €10 | ▼ 99.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,675 | €1,679 | -€38,975 | €36,797 | -€28,352 | -€28,252 | -€41,964 | ▼ 48.5% |
| + Depreciation and write-downs630 | €19,727 | €15,362 | €14,992 | €14,481 | €13,516 | €13,850 | €13,345 | ▼ 3.6% |
| Operating cash flow (approximation) | €7,053 | €17,041 | -€23,983 | €51,278 | -€14,836 | -€14,402 | -€28,619 | ▼ 98.7% |
| Investment in fixed assets (approximation) | - | -€45,396 | €0 | €0 | -€2,845 | -€3,836 | -€3,274 | ▲ 14.7% |
| Change in cash | - | -€11,874 | €530 | -€1,544 | €4,063 | -€1,967 | €2,027 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516376 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00263268 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00382167 | |
| 31-12-2021 | micro format | 13-10-2022 | 2022-20463870 | |
| 31-12-2020 | micro format | 09-05-2022 | 2022-20024180 | |
| 31-12-2019 | micro format | 01-09-2021 | 2021-64600595 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-52100086 |