DHARMA
Bankruptcy closedFinancials · financial year 2020, full format
Annual accounts 2020 filed on 12-07-2021 PDF all 14 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€167,680
2019 · €26,673
Working capital
€50,949▼ 73.8%
2019 · €194,214
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
-€129,503
2020
20182020
Net result
-€167,680
2020
20182020
Equity
-€102,441
2020
20182020
Total assets
€631,232
▼ 20.4%
2020
20182020
Debt
€733,673
▲ 0.9%
2020
20182020
Working capital
€50,949
▼ 73.8%
2020
20182020
Staff (FTE)
1.2
▼ 20.0%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result€63,947-€108,263▲ 69.3%-€129,503
Net result-€10,702-€26,673-€167,680
Equity€38,565-€65,239▲ 69.2%-€102,441
Total assets€784,797-€792,534▲ 1.0%€631,232▼ 20.4%
Debt€746,232-€727,295▼ 2.5%€733,673▲ 0.9%
Working capital€160,457-€194,214▲ 21.0%€50,949▼ 73.8%
Staff (FTE)1-1.5▲ 50.0%1.2▼ 20.0%
The operating result for 2020 is a loss of €129,503, after a profit of €108,263 in 2019. It is the lowest result since 2018.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €631,232
Fixed assets
€128,688 ▼ 26.0%
Current assets
€502,545 ▼ 18.8%
Equity and liabilities
Equity-€102,441
Debt€733,673
Equity is negative. Debt (€733,673) exceeds the balance-sheet total (€631,232).
Key figures and ratios
EBITDA
-€99,763▼
2019 · €158,259
Cash flow
-€137,940▼
2019 · €76,669
Solvency
-16.2%▼
2019 · 8.2%
Current ratio
1.11▼
2019 · 1.46
ROA
-26.6%▼
2019 · 3.4%
Debt ≤ 1 year
€451,595▲
2019 · €424,413
Debt > 1 year
€282,078▼
2019 · €291,684
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.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,869 | €49,995 | €29,740 | ▼ 40.5% |
| Gross operating margin9900 | €140,759 | €209,938 | -€71,774 | - |
| Operating profit (loss)9901 | €63,947 | €108,263 | -€129,503 | - |
| Recurring financial charges65 | €64,079 | €56,013 | €38,177 | ▼ 31.8% |
| Profit (loss) for the period before taxes9903 | -€132 | €52,251 | -€167,680 | - |
| Income taxes67/77 | €10,570 | €25,577 | - | - |
| Profit (loss) for the period9904 | -€10,702 | €26,673 | -€167,680 | - |
| Profit (loss) for the period to be appropriated9905 | -€10,702 | €26,673 | -€167,680 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €784,797 | €792,534 | €631,232 | ▼ 20.4% |
| Fixed assets21/28 | €201,464 | €173,907 | €128,688 | ▼ 26.0% |
| Tangible fixed assets22/27 | €190,323 | €162,641 | €121,778 | ▼ 25.1% |
| Financial fixed assets28 | €11,141 | €11,266 | €6,910 | ▼ 38.7% |
| Current assets29/58 | €583,333 | €618,627 | €502,545 | ▼ 18.8% |
| Amounts receivable within one year40/41 | €547,241 | €597,383 | €500,056 | ▼ 16.3% |
| Cash at bank and in hand54/58 | €35,362 | €20,290 | €673 | ▼ 96.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €784,797 | €792,534 | €631,232 | ▼ 20.4% |
| Equity10/15 | €38,565 | €65,239 | -€102,441 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €18,105 | €44,779 | -€122,901 | - |
| Amounts payable17/49 | €746,232 | €727,295 | €733,673 | ▲ 0.9% |
| Amounts payable after more than one year17 | €302,408 | €291,684 | €282,078 | ▼ 3.3% |
| Amounts payable within one year42/48 | €422,875 | €424,413 | €451,595 | ▲ 6.4% |
| Trade debts44 | €226,541 | €256,052 | €334,802 | ▲ 30.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,702 | €26,673 | -€167,680 | - |
| + Depreciation and write-downs630 | €46,869 | €49,995 | €29,740 | ▼ 40.5% |
| Operating cash flow (approximation) | €36,167 | €76,669 | -€137,940 | - |
| Investment in fixed assets (approximation) | - | -€22,438 | €15,479 | - |
| Change in cash | - | -€15,072 | -€19,617 | ▼ 30.1% |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | full format | 12-07-2021 | 2021-34100417 | |
| 31-12-2019 | full format | 19-08-2020 | 2020-43900010 | |
| 31-12-2018 | full format | 07-10-2019 | 2019-68900234 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-27400398 | |
| 31-12-2016 | full format | 25-07-2017 | 2017-35500231 | |
| 31-12-2015 | full format | 05-07-2016 | 2016-28000586 | |
| 31-12-2014 | abbreviated format | 08-12-2015 | 2015-68400069 | |
| 31-12-2013 | abbreviated format | 17-12-2014 | 2014-69500126 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-53200045 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-47300563 |