DIABEX

Open bankruptcy

Public limited companyfounded 1997Hoveniersstraat 55, 2018 Antwerpen, BelgiumKBO/BCE: BE 0460.287.962

A bankruptcy procedure is open for DIABEX according to publications in the Belgian State Gazette; curator: SVEN LEENDERS. The 2020 annual accounts show equity of €535k and a net result of €-117k.

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Signals

Three signals.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2020, full schema

Turnover

€1.79M▼ 91.3%

2018 · €20.67M

2018: €20.67M

2018 → 2019

EBIT margin

-4.6%▲ 16.9pp

2018 · -21.6%

2018: -21.6%

2018 → 2019

Net result

€-117k

2019 · €46k

2018: €-4.56M 2019: €46k

2018 → 2020

Working capital

€3.81M▼ 32.2%

2019 · €5.62M

2018: €5.38M 2019: €5.62M

2018 → 2020

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201820192020Trend

Turnover€20.67M-€1.79M▼ 91.3%

Equity€606k-€652k▲ 7.6%€535k▼ 18.0%

Operating result€-4.46M-€-83k▲ 98.1%€-437k▼ 428%

Net result€-4.56M-€46k€-117k

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €437k in 2020 against €83k in 2019; the loss grows.

Balance-sheet composition

2020 in colour, 2019 as the grey bar beneath

Assets €10.40M

99.9%

Fixed assets €5k▼ 69.2%

Current assets €10.39M▼ 18.8%

Equity and liabilities €10.40M

94.9%

Equity €535k▼ 18.0%

Debt €9.86M▼ 18.9%

The debt ratio falls from 94.9% to 94.9%. Equity and debt are lower.

Key figures and ratios

2020 value · change against 2019

EBITDA

€-425k▼

2019 · €-71k

Cash flow

€-106k▼

2019 · €58k

Solvency

5.1%▲

2019 · 5.1%

Current ratio

1.58▼

2019 · 1.78

Quick ratio

0.90▼

2019 · 1.11

Debt / equity

6.13▼

2019 · 7.65

ROE

-22.0%▼

2019 · 7.1%

ROA

-1.1%▼

2019 · 0.4%

Debt

€9.86M▼

2019 · €12.16M

Debt ≤ 1 year

€6.58M▼

2019 · €7.17M

Debt > 1 year

€3.28M▼

2019 · €4.98M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2020 against 2019

Balance sheet Code20192020

Assets

Total assets20/58€12.81M€10.40M▼

Fixed assets21/28€17k€5k▼

Tangible fixed assets22/27€17k€5k▼

Financial fixed assets28€67€67=

Current assets29/58€12.79M€10.39M▼

Stocks and contracts in progress3€4.86M€4.45M▼

Amounts receivable within one year40/41€7.93M€5.94M▼

Cash at bank and in hand54/58€6k€6k▼

Equity and liabilities

Total equity and liabilities10/49€12.81M€10.40M▼

Equity10/15€652k€535k▼

Contributions10/11€8.56M€8.56M=

Reserves13€2.33M€2.33M=

Profit (loss) carried forward14€-10.24M€-10.36M▼

Amounts payable17/49€12.16M€9.86M▼

Amounts payable after more than one year17€4.98M€3.28M▼

Amounts payable within one year42/48€7.17M€6.58M▼

Trade debts44€6.66M€6.08M▼

Income statement Code20192020

Turnover70€1.79M-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=

Operating profit (loss)9901€-83k€-437k▼

Recurring financial income75€197k€1.15M▲

Recurring financial charges65€6k€827k▲

Debt charges650€2k-

Profit (loss) for the period before taxes9903€108k€-117k▼

Income taxes67/77€62k-

Profit (loss) for the period9904€46k€-117k▼

Profit (loss) for the period to be appropriated9905€46k€-117k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 12Signals 1Financial 1Filings 10

2022

09-06

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DIABEX NV HOVENIERS- STRAAT 55/83, 2018 ANTWERPEN 1 · event 02-06-2022

08-02

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 192 days late

2021

02-03

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 214 days late

2020

12-10

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 439 days late

2019

31-12

Financial Back to profitnet €46k

Net result €46k after one loss-making year.

2018

28-09

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 59 days late

2017

30-11

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 122 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

2015

30-09

NBB filing Annual accounts filed

fiscal year 2014 · full schema · 61 days late

2014

25-07

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

31-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

01-08

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 1 day late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 1997

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Hoveniersstraat 552018 Antwerpen

Ground area

1,776 m²

Building footprint

2,191 m²

Volume, LiDAR

69,494 m³