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DIAMOND CHICKEN

Active
Private limited companyfounded 2011active for 14 yearsDendermondsesteenweg 56, 2830 Willebroek, BelgiumKBO/BCE: BE 0840.407.802
Summary

DIAMOND CHICKEN has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,744 and a net result of -€67,838. Equity is growing by about 37% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€67,838
2024 · €211,241
Working capital
€249,286▼ 28.4%
2024 · €348,118
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €31,643 after €211,591 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€31,643 2025 Net result-€67,838 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€26,120-€14,458-€254€29,528€24,005▼ 18.7%€6,950▼ 71.0%€211,591▲ 2,945%-€31,643
Net result-€32,312-€9,902-€757€18,900€18,725▼ 0.9%€3,656▼ 80.5%€211,241▲ 5,679%-€67,838
Equity€23,915-€33,817▲ 41.4%€33,060▼ 2.2%€51,960▲ 57.2%€70,685▲ 36.0%€74,340▲ 5.2%€285,581▲ 284%€217,744▼ 23.8%
Total assets€253,984-€134,395▼ 47.1%€106,739▼ 20.6%€105,744▼ 0.9%€352,107▲ 233%€426,578▲ 21.2%€934,459▲ 119%€739,482▼ 20.9%
Debt€230,069-€100,578▼ 56.3%€73,679▼ 26.7%€53,785▼ 27.0%€281,422▲ 423%€352,238▲ 25.2%€648,878▲ 84.2%€521,738▼ 19.6%
Working capital€23,822-€33,724▲ 41.6%€32,967▼ 2.2%€51,867▲ 57.3%€66,545▲ 28.3%€184,227▲ 177%€348,118▲ 89.0%€249,286▼ 28.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €739,482
Equity €217,744 ▼ 23.8%
Debt €521,738 ▼ 19.6%
Debt's share of the balance-sheet total rises from 69.4% to 70.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€31,350▼
2024 · €213,819
Cash flow
-€67,545▼
2024 · €213,469
Current ratio
1.51▼
2024 · 1.59
Quick ratio
1.15▲
2024 · 0.97
Debt to equity
2.40▲
2024 · 2.27
ROE
-31.2%▼
2024 · 74.0%
ROA
-9.2%▼
2024 · 22.6%
Interest coverage
-33.92▼
2024 · over 100
Debt ≤ 1 year
€490,196▼
2024 · €585,957
Debt > 1 year
€12,500▼
2024 · €62,500
Income taxes
€61,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
1.0% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,423 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€934,459€739,482▼
Fixed assets21/28€385-
Tangible fixed assets22/27€292-
Plant, machinery and equipment23€292-
Financial fixed assets28€93-
Current assets29/58€934,075€739,482▼
Stocks and contracts in progress3€364,000€175,000▼
Stocks30/36€364,000€175,000▼
Amounts receivable within one year40/41€494,143€461,635▼
Trade receivables40€434,639€381,161▼
Other amounts receivable41€59,503€80,475▲
Cash at bank and in hand54/58€75,091€100,933▲
Deferred charges and accrued income490/1€841€1,914▲
Equity and liabilities
Total equity and liabilities10/49€934,459€739,482▼
Equity10/15€285,581€217,744▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€265,121€197,284▼
Amounts payable17/49€648,878€521,738▼
Amounts payable after more than one year17€62,500€12,500▼
Financial debts170/4€62,500€12,500▼
Amounts payable within one year42/48€585,957€490,196▼
Current portion of amounts payable after more than one year42€50,000€54,167▲
Trade debts44€524,904€364,204▼
Suppliers440/4€524,904€364,204▼
Taxes, remuneration and social security45-€60,773
Taxes450/3-€60,773
Other amounts payable47/48€11,053€11,053=
Accrued charges and deferred income492/3€422€19,043▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,228€292▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€44,632
Other operating charges640/8€171€1,936▲
Gross operating margin9900€213,990€15,217▼
Operating profit (loss)9901€211,591-€31,643▼
Financial income75/76B€841€27,356▲
Recurring financial income75€841€27,356▲
Financial charges65/66B€1,191€2,524▲
Recurring financial charges65€1,191€924▼
Non-recurring financial charges66B-€1,600
Profit (loss) for the period before taxes9903€211,241-€6,811▼
Income taxes67/77-€61,027
Profit (loss) for the period9904€211,241-€67,838▼
Profit (loss) for the period to be appropriated9905€211,241-€67,838▼
Appropriation of the result
Profit (loss) to be appropriated9906€265,121€197,284▼
Profit (loss) brought forward from the previous period14P€53,880€265,121▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,642---€176€2,404€2,228€292▼ 86.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€127€1,038€1,880-€44,632-
Other operating charges640/8---€1,147€279€17,096€171€1,936▲ 1,032%
Gross operating margin9900-€10,056€14,588€1,365€30,548€25,498€28,330€213,990€15,217▼ 92.9%
Operating profit (loss)9901-€26,120€14,458-€254€29,528€24,005€6,950€211,591-€31,643▼ 115%
Financial income75/76B---€65€1,645€1,814€841€27,356▲ 3,153%
Recurring financial income75€32€121€2,852€65€1,645€1,814€841€27,356▲ 3,153%
Financial charges65/66B---€2,866€439€687€1,191€2,524▲ 112%
Recurring financial charges65€5,723€4,240€2,215€2,866€439€687€1,191€924▼ 22.4%
Non-recurring financial charges66B-------€1,600-
Profit (loss) for the period before taxes9903-€31,811€10,339€382€26,727€25,211€8,077€211,241-€6,811▼ 103%
Income taxes67/77€500€438€1,139€7,827€6,486€4,421-€61,027-
Profit (loss) for the period9904-€32,312€9,902-€757€18,900€18,725€3,656€211,241-€67,838▼ 132%
Profit (loss) for the period to be appropriated9905-€32,312€9,902-€757€18,900€18,725€3,656€211,241-€67,838▼ 132%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€253,984€134,395€106,739€105,744€352,107€426,578€934,459€739,482▼ 20.9%
Fixed assets21/28€93€93€93€93€4,140€2,613€385--
Tangible fixed assets22/27----€4,047€2,520€292--
Plant, machinery and equipment23-----€585€292--
Furniture and vehicles24----€4,047€1,936---
Financial fixed assets28€93€93€93€93€93€93€93--
Current assets29/58€253,892€134,302€106,646€105,652€347,967€423,966€934,075€739,482▼ 20.8%
Stocks and contracts in progress3------€364,000€175,000▼ 51.9%
Stocks30/36------€364,000€175,000▼ 51.9%
Amounts receivable within one year40/41€146,034€109,534€77,843€86,532€323,501€329,072€494,143€461,635▼ 6.6%
Trade receivables40---€85,236€308,456€314,523€434,639€381,161▼ 12.3%
Other amounts receivable41---€1,296€15,045€14,548€59,503€80,475▲ 35.2%
Cash at bank and in hand54/58€90,510€11,511€27,484€17,705€21,192€91,106€75,091€100,933▲ 34.4%
Deferred charges and accrued income490/1---€1,414€3,274€3,788€841€1,914▲ 128%
Equity and liabilities
Total equity and liabilities10/49€253,984€134,395€106,739€105,744€352,107€426,578€934,459€739,482▼ 20.9%
Equity10/15€23,915€33,817€33,060€51,960€70,685€74,340€285,581€217,744▼ 23.8%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133-----€1,860€1,860€1,860=
Profit (loss) carried forward14€3,455€13,357€12,600€31,500€50,225€53,880€265,121€197,284▼ 25.6%
Amounts payable17/49€230,069€100,578€73,679€53,785€281,422€352,238€648,878€521,738▼ 19.6%
Amounts payable after more than one year17-----€112,500€62,500€12,500▼ 80.0%
Financial debts170/4-----€112,500€62,500€12,500▼ 80.0%
Amounts payable within one year42/48€230,069€100,578€73,679€53,785€281,422€239,738€585,957€490,196▼ 16.3%
Current portion of amounts payable after more than one year42----€200,000€54,167€50,000€54,167▲ 8.3%
Trade debts44€210,435€81,497€69,265€42,363€53,311€162,869€524,904€364,204▼ 30.6%
Suppliers440/4---€42,363€53,311€162,869€524,904€364,204▼ 30.6%
Taxes, remuneration and social security45---€11,422€17,259€11,851-€60,773-
Taxes450/3---€8,967€15,557€11,851-€60,773-
Remuneration and social security454/9---€2,455€1,702----
Other amounts payable47/48----€10,852€10,852€11,053€11,053=
Accrued charges and deferred income492/3------€422€19,043▲ 4,416%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€32,312€9,902-€757€18,900€18,725€3,656€211,241-€67,838▼ 132%
+ Depreciation and write-downs630€9,642---€176€2,404€2,228€292▼ 86.9%
Operating cash flow (approximation)-€22,670€9,902-€757€18,900€18,901€6,059€213,469-€67,545▼ 132%
Investment in fixed assets (approximation)-€0€0€0-€4,223-€877€0--
Change in cash--€79,000€15,973-€9,779€3,487€69,914-€16,015€25,842▲ 261%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Public contracts: not fully processed yet. The notices from February 2018 to September 2026 are still being read.