DHEUR
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 28-08-2024, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2023
120 d late
2022
47 d early
2021
33 d early
2020
80 d early
2019
36 d early
2018
55 d early
2017
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,451▲ 44.1%
2022 · -€7,967
Working capital
-€368,769▼ 2.9%
2022 · -€358,291
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€30,583▲ 3.0%€30,807▲ 0.7%€7,606▼ 75.3%€6,954▼ 8.6%€5,428▼ 21.9%
Net result€18,231▲ 20.8%€17,489▼ 4.1%-€2,927-€7,967▼ 172%-€4,451▲ 44.1%
Equity€46,770▼ 3.6%€683,884▲ 1,362%€659,957▼ 3.5%€626,990▼ 5.0%€622,539▼ 0.7%
Total assets€753,805▲ 24.6%€1.3m▲ 73.3%€1.3m▼ 1.0%€1.3m▼ 1.2%€1.3m▼ 0.3%
Debt€707,036▲ 27.1%€622,111▼ 12.0%€632,448▲ 1.7%€649,360▲ 2.7%€649,378=
Working capital-€180,085▼ 62.9%-€212,856▼ 18.2%-€280,119▼ 31.6%-€358,291▼ 27.9%-€368,769▼ 2.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2023 is 22% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▼ 3.5%
Current assets
€203,695 ▲ 20.2%
Equity and liabilities €1.3m
Equity
€622,539 ▼ 0.7%
Debt
€649,378 =
Debt's share of the balance-sheet total rises from 50.9% to 51.1%. Equity is lower.
Key figures and ratios
EBITDA
€44,095▼
2022 · €58,510
Cash flow
€34,216▼
2022 · €43,589
Current ratio
0.36▲
2022 · 0.32
Debt to equity
1.04▲
2022 · 1.04
ROE
-0.7%▲
2022 · -1.3%
ROA
-0.3%▲
2022 · -0.6%
Interest coverage
10.43▲
2022 · 7.21
Debt ≤ 1 year
€572,463▲
2022 · €527,752
Debt > 1 year
€76,579▼
2022 · €121,185
Income taxes
€5,650▼
2022 · €6,806
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,688 | €28,688 | €51,556 | €51,556 | €38,667 | ▼ 25.0% |
| Other operating charges640/8 | - | - | €12,272 | €12,549 | - | - |
| Gross operating margin9900 | €70,297 | €71,162 | €71,433 | €71,059 | €44,095 | ▼ 37.9% |
| Operating profit (loss)9901 | €30,583 | €30,807 | €7,606 | €6,954 | €5,428 | ▼ 21.9% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | - | €10,433 | €8,115 | €4,229 | ▼ 47.9% |
| Recurring financial charges65 | €12,352 | €13,318 | €10,433 | €8,115 | €4,229 | ▼ 47.9% |
| Profit (loss) for the period before taxes9903 | €18,231 | €17,489 | -€2,827 | -€1,160 | €1,199 | ▲ 203% |
| Income taxes67/77 | - | - | €100 | €6,806 | €5,650 | ▼ 17.0% |
| Profit (loss) for the period9904 | €18,231 | €17,489 | -€2,927 | -€7,967 | -€4,451 | ▲ 44.1% |
| Profit (loss) for the period to be appropriated9905 | €18,231 | €17,489 | -€2,927 | -€7,967 | -€4,451 | ▲ 44.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €753,805 | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.3% |
| Formation expenses20 | €3,646 | - | - | - | - | - |
| Fixed assets21/28 | €595,417 | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.5% |
| Tangible fixed assets22/27 | €220,417 | €835,000 | €783,444 | €731,889 | €693,222 | ▼ 5.3% |
| Land and buildings22 | - | - | €783,444 | €731,889 | €693,222 | ▼ 5.3% |
| Financial fixed assets28 | €375,000 | €375,000 | €375,000 | €375,000 | €375,000 | = |
| Current assets29/58 | €154,742 | €95,995 | €133,960 | €169,461 | €203,695 | ▲ 20.2% |
| Amounts receivable within one year40/41 | €154,175 | €94,850 | €133,950 | €169,400 | €203,655 | ▲ 20.2% |
| Trade receivables40 | - | - | €133,950 | €169,400 | €203,655 | ▲ 20.2% |
| Cash at bank and in hand54/58 | €567 | €1,145 | €10 | €61 | €40 | ▼ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €753,805 | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.3% |
| Equity10/15 | €46,770 | €683,884 | €659,957 | €626,990 | €622,539 | ▼ 0.7% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Revaluation surpluses12 | - | - | €613,111 | €586,598 | €566,713 | ▼ 3.4% |
| Reserves13 | €11,860 | €11,860 | €28,245 | €21,792 | €37,227 | ▲ 70.8% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | €26,385 | €19,932 | €37,227 | ▲ 86.8% |
| Profit (loss) carried forward14 | €16,310 | €13,799 | €0 | - | - | - |
| Amounts payable17/49 | €707,036 | €622,111 | €632,448 | €649,360 | €649,378 | = |
| Amounts payable after more than one year17 | €372,209 | €313,260 | €218,106 | €121,185 | €76,579 | ▼ 36.8% |
| Financial debts170/4 | - | - | €123,106 | €46,185 | €16,579 | ▼ 64.1% |
| Other amounts payable178/9 | - | - | €95,000 | €75,000 | €60,000 | ▼ 20.0% |
| Amounts payable within one year42/48 | €334,827 | €308,851 | €414,080 | €527,752 | €572,463 | ▲ 8.5% |
| Current portion of amounts payable after more than one year42 | - | - | €79,294 | €81,159 | €53,317 | ▼ 34.3% |
| Trade debts44 | €168,648 | €228,671 | €328,760 | €434,792 | €502,866 | ▲ 15.7% |
| Suppliers440/4 | - | - | €328,760 | €434,792 | €502,866 | ▲ 15.7% |
| Taxes, remuneration and social security45 | - | - | €6,026 | €11,802 | €16,281 | ▲ 38.0% |
| Taxes450/3 | - | - | €6,026 | €11,802 | €16,281 | ▲ 38.0% |
| Accrued charges and deferred income492/3 | - | - | €263 | €423 | €335 | ▼ 20.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,231 | €17,489 | -€2,927 | -€7,967 | -€4,451 | ▲ 44.1% |
| + Depreciation and write-downs630 | €28,688 | €28,688 | €51,556 | €51,556 | €38,667 | ▼ 25.0% |
| Operating cash flow (approximation) | €46,919 | €46,177 | €48,628 | €43,589 | €34,216 | ▼ 21.5% |
| Investment in fixed assets (approximation) | - | -€643,271 | €0 | €0 | €0 | - |
| Change in cash | - | €578 | -€1,135 | €51 | -€22 | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 120 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€7,967
Net result drops to -€7,967, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500,000Eq €683,884 ▲1,362%
3 profitable years in a row build equity to €683,884.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €18,231 ▲20.8%
Net result €18,231, the highest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
13-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
07-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2023 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-09-2023 of DHEUR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.