Diamond Asia Diffusion
ActiveSummary
Diamond Asia Diffusion has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €312k and a net result of €35k. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-11
Solvency90▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.6 in 2023; short-term debt: 20.8% and cash: 26.3% of total assets), and 34.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
55 d early
2022
28 d early
2021
30 d early
2020
24 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€312k▲ 12.8%
2023 · €276k
2018: €69klowest in 7 years
2019: €85k▲ +24.2% vs 2018
2020: €99k▲ +15.7% vs 2019
2021: €147k▲ +49.3% vs 2020
2022: €202k▲ +36.9% vs 2021
2023: €276k▲ +36.9% vs 2022
2024: €312k▲ +12.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€478k▲ 5.7%
2023 · €452k
2018: €108klowest in 7 years
2019: €130k▲ +20.2% vs 2018
2020: €269k▲ +107% vs 2019
2021: €328k▲ +21.8% vs 2020
2022: €416k▲ +27.0% vs 2021
2023: €452k▲ +8.7% vs 2022
2024: €478k▲ +5.7% vs 2023highest in 7 years
2018 → 2024
Net result
€35k▼ 52.3%
2023 · €74k
2018: €25k
2019: €17k▼ -34.2% vs 2018
2020: €13k▼ -19.4% vs 2019lowest in 7 years
2021: €49k▲ +264% vs 2020
2022: €54k▲ +11.8% vs 2021
2023: €74k▲ +36.7% vs 2022highest in 7 years
2024: €35k▼ -52.3% vs 2023
2018 → 2024
Working capital
€186k▲ 33.7%
2023 · €139k
2018: €52klowest in 7 years
2019: €73k▲ +41.0% vs 2018
2020: €76k▲ +4.2% vs 2019
2021: €82k▲ +7.3% vs 2020
2022: €81k▼ -1.3% vs 2021
2023: €139k▲ +72.7% vs 2022
2024: €186k▲ +33.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€147k▲ 49.3%€202k▲ 36.9%€276k▲ 36.9%€312k▲ 12.8%
2020: €99klowest in 5 years
2021: €147k▲ +49.3% vs 2020
2022: €202k▲ +36.9% vs 2021
2023: €276k▲ +36.9% vs 2022
2024: €312k▲ +12.8% vs 2023highest in 5 years
Operating result€19k-€73k▲ 276%€83k▲ 13.6%€118k▲ 42.4%€61k▼ 48.0%
2020: €19klowest in 5 years
2021: €73k▲ +276% vs 2020
2022: €83k▲ +13.6% vs 2021
2023: €118k▲ +42.4% vs 2022highest in 5 years
2024: €61k▼ -48.0% vs 2023
Net result€13k-€49k▲ 264%€54k▲ 11.8%€74k▲ 36.7%€35k▼ 52.3%
2020: €13klowest in 5 years
2021: €49k▲ +264% vs 2020
2022: €54k▲ +11.8% vs 2021
2023: €74k▲ +36.7% vs 2022highest in 5 years
2024: €35k▼ -52.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €478k
Fixed assets
€192k ▼ 14.8%
Current assets
€286k ▲ 26.0%
Equity and liabilities €478k
Equity
€312k ▲ 12.8%
Debt
€166k ▼ 5.5%
Debt's share of the balance-sheet total falls from 38.9% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▼
2023 · €149k
Cash flow
€69k▼
2023 · €106k
Current ratio
2.88▲
2023 · 2.60
Quick ratio
1.73▼
2023 · 1.94
Debt to equity
0.53▼
2023 · 0.64
ROE
11.4%▼
2023 · 26.9%
ROA
7.4%▼
2023 · 16.5%
Interest coverage
18.35▼
2023 · 28.56
Debt ≤ 1 year
€99k▲
2023 · €87k
Debt > 1 year
€67k▼
2023 · €89k
Income taxes
€20k▼
2023 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€452k€478k▲
Fixed assets21/28€226k€192k▼
Tangible fixed assets22/27€226k€192k▼
Land and buildings22€175k€154k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€48k€36k▼
Financial fixed assets28€200€200=
Current assets29/58€227k€286k▲
Stocks and contracts in progress3€57k€114k▲
Stocks30/36€57k€114k▲
Amounts receivable within one year40/41€21k€45k▲
Trade receivables40€15k€43k▲
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€144k€126k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€452k€478k▲
Equity10/15€276k€312k▲
Contributions10/11€33k€33k=
Reserves13€243k€278k▲
Distributable reserves133€243k€278k▲
Amounts payable17/49€176k€166k▼
Amounts payable after more than one year17€89k€67k▼
Financial debts170/4€89k€67k▼
Amounts payable within one year42/48€87k€99k▲
Current portion of amounts payable after more than one year42€24k€22k▼
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Advances received on contracts in progress46-€24k
Taxes, remuneration and social security45€25k€13k▼
Taxes450/3€25k€13k▼
Other amounts payable47/48€26k€30k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€152k€98k▼
Operating profit (loss)9901€118k€61k▼
Financial income75/76B€109€2▼
Recurring financial income75€109€2▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€112k€56k▼
Income taxes67/77€38k€20k▼
Profit (loss) for the period9904€74k€35k▼
Profit (loss) for the period to be appropriated9905€74k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€35k▼
Transfer to equity691/2€74k€35k▼
To other reserves6921€74k€35k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €15k | €21k | €32k | €33k | ▲ 5.6% |
| Other operating charges640/8 | - | €563 | €2k | €3k | €3k | ▲ 29.6% |
| Non-recurring operating charges66A | - | €2k | - | - | - | - |
| Gross operating margin9900 | €39k | €91k | €106k | €152k | €98k | ▼ 35.6% |
| Operating profit (loss)9901 | €19k | €73k | €83k | €118k | €61k | ▼ 48.0% |
| Financial income75/76B | - | €1 | €2 | €109 | €2 | ▼ 98.2% |
| Recurring financial income75 | €0 | €1 | €2 | €109 | €2 | ▼ 98.2% |
| Financial charges65/66B | - | €2k | €4k | €5k | €5k | ▼ 1.5% |
| Recurring financial charges65 | €1k | €2k | €4k | €5k | €5k | ▼ 1.5% |
| Profit (loss) for the period before taxes9903 | €18k | €70k | €79k | €112k | €56k | ▼ 50.3% |
| Income taxes67/77 | €5k | €21k | €24k | €38k | €20k | ▼ 46.2% |
| Profit (loss) for the period9904 | €13k | €49k | €54k | €74k | €35k | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €13k | €49k | €54k | €74k | €35k | ▼ 52.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269k | €328k | €416k | €452k | €478k | ▲ 5.7% |
| Fixed assets21/28 | €152k | €177k | €234k | €226k | €192k | ▼ 14.8% |
| Tangible fixed assets22/27 | €152k | €177k | €233k | €226k | €192k | ▼ 14.8% |
| Land and buildings22 | - | €162k | €181k | €175k | €154k | ▼ 11.7% |
| Plant, machinery and equipment23 | - | €2k | €4k | €3k | €2k | ▼ 37.4% |
| Furniture and vehicles24 | - | €10k | €49k | €48k | €36k | ▼ 24.4% |
| Leasing and similar rights25 | - | €4k | €165 | - | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €117k | €150k | €182k | €227k | €286k | ▲ 26.0% |
| Stocks and contracts in progress3 | €21k | €37k | €38k | €57k | €114k | ▲ 99.0% |
| Stocks30/36 | - | €37k | €38k | €57k | €114k | ▲ 99.0% |
| Amounts receivable within one year40/41 | €51k | €26k | €56k | €21k | €45k | ▲ 110% |
| Trade receivables40 | - | €22k | €54k | €15k | €43k | ▲ 187% |
| Other amounts receivable41 | - | €3k | €1k | €7k | €2k | ▼ 63.7% |
| Cash at bank and in hand54/58 | €43k | €86k | €82k | €144k | €126k | ▼ 12.7% |
| Deferred charges and accrued income490/1 | - | €1k | €6k | €4k | €1k | ▼ 67.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269k | €328k | €416k | €452k | €478k | ▲ 5.7% |
| Equity10/15 | €99k | €147k | €202k | €276k | €312k | ▲ 12.8% |
| Contributions10/11 | - | €33k | €33k | €33k | €33k | = |
| Reserves13 | €65k | €114k | €168k | €243k | €278k | ▲ 14.6% |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | - | - |
| Distributable reserves133 | - | €111k | €165k | €243k | €278k | ▲ 14.6% |
| Amounts payable17/49 | €170k | €180k | €214k | €176k | €166k | ▼ 5.5% |
| Amounts payable after more than one year17 | €130k | €111k | €112k | €89k | €67k | ▼ 24.5% |
| Financial debts170/4 | - | €111k | €112k | €89k | €67k | ▼ 24.5% |
| Amounts payable within one year42/48 | €41k | €69k | €102k | €87k | €99k | ▲ 13.8% |
| Current portion of amounts payable after more than one year42 | - | €18k | €24k | €24k | €22k | ▼ 7.9% |
| Trade debts44 | €2k | €4k | €20k | €13k | €10k | ▼ 18.5% |
| Suppliers440/4 | - | €4k | €20k | €13k | €10k | ▼ 18.5% |
| Advances received on contracts in progress46 | - | €3k | €5k | - | €24k | - |
| Taxes, remuneration and social security45 | - | €28k | €31k | €25k | €13k | ▼ 48.6% |
| Taxes450/3 | - | €28k | €31k | €25k | €13k | ▼ 48.6% |
| Other amounts payable47/48 | - | €15k | €20k | €26k | €30k | ▲ 16.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €49k | €54k | €74k | €35k | ▼ 52.3% |
| + Depreciation and write-downs630 | €19k | €15k | €21k | €32k | €33k | ▲ 5.6% |
| Operating cash flow (approximation) | €32k | €64k | €76k | €106k | €69k | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | €-40k | €-78k | €-24k | €0 | ▲ 100% |
| Change in cash | - | €44k | €-4k | €62k | €-18k | ▼ 129% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €74k ▲36.7%
Operating result €118k, net result €74k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €202k ▲36.9%
5 profitable years in a row build equity to €202k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €147k ▲49.3%
4 profitable years in a row build equity to €147k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €13k ▼19.4%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Directors · office · real estate
Directors
3 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 1988
Ground area
345 m²
Building footprint
205 m²
Volume, LiDAR
730 m³
Parcel 11808H1182/00F019, Flanders · tallest building 16.1 m, ±1 floor. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
DIAMOND ASAI DIFFUSION
since 19882.037.832.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1182/00F019 | Flanders | 345 m² | 1 · 205 m² | 16.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ZELS
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DIVINOR
BE 0479.629.762
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BE SO
BE 0558.882.920
Ans · Eq €323k
JACQUES KÖNIG
BE 0893.587.457
Antwerpen · Eq €324k
BIJORMA
BE 0455.787.261
Bastogne · Eq €298k
Of 567 companies in sector 46480 we hold annual accounts for 353. 249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-05-1988
Fiscal year end31-12
Abbreviation NL
D.A.D.
Activities, NACEBEL 2025
46480Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.