DIAMTECH
ActiveSummary
DIAMTECH has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €710k and a net result of €22k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 509 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.88 against 4.5 in 2023; short-term debt: 6.1% and cash: 15.1% of total assets), and 6.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.9%
Return on assets
2.9%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
35 d early
2022
52 d early
2021
45 d early
2020
58 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Equity
€710k▲ 3.2%
2023 · €688k
Total assets
€756k▲ 3.7%
2023 · €729k
Net result
€22k▼ 50.7%
2023 · €44k
Working capital
€178k▲ 25.4%
2023 · €142k
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
Line20202021202220232024
Operating result€195k▲ 384%€289k▲ 47.9%€81k▼ 72.0%€75k▼ 7.8%€37k▼ 50.4%
Net result€150k▲ 441%€216k▲ 43.7%€90k▼ 58.4%€44k▼ 50.8%€22k▼ 50.7%
Equity€338k▲ 79.7%€554k▲ 63.7%€644k▲ 16.2%€688k▲ 6.9%€710k▲ 3.2%
Total assets€368k▲ 24.7%€584k▲ 58.7%€701k▲ 19.9%€729k▲ 4.0%€756k▲ 3.7%
Debt€30k▼ 72.2%€30k▲ 1.8%€57k▲ 88.7%€41k▼ 28.5%€46k▲ 13.0%
Working capital€225k▲ 283%€554k▲ 146%€84k▼ 84.9%€142k▲ 70.1%€178k▲ 25.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 50% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €756k
Fixed assets
€532k ▼ 2.6%
Current assets
€224k ▲ 22.7%
Equity and liabilities €756k
Equity
€710k ▲ 3.2%
Debt
€46k ▲ 13.0%
Debt's share of the balance-sheet total rises from 5.6% to 6.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▼
2023 · €89k
Cash flow
€36k▼
2023 · €59k
Current ratio
4.88▲
2023 · 4.50
Debt to equity
0.06▲
2023 · 0.06
ROE
3.1%▼
2023 · 6.4%
ROA
2.9%▼
2023 · 6.1%
Interest coverage
215.09▼
2023 · 319.02
Debt ≤ 1 year
€46k▲
2023 · €41k
Income taxes
€15k▼
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | - | €14k | €14k | €14k | = |
| Gross operating margin9900 | €213k | €289k | €95k | €89k | €51k | ▼ 42.2% |
| Operating profit (loss)9901 | €195k | €289k | €81k | €75k | €37k | ▼ 50.4% |
| Financial income75/76B | - | - | - | €9 | €19 | ▲ 111% |
| Recurring financial income75 | - | - | - | €9 | €19 | ▲ 111% |
| Financial charges65/66B | - | €160 | €189 | €279 | €239 | ▼ 14.3% |
| Recurring financial charges65 | €296 | €160 | €189 | €279 | €239 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €195k | €289k | €81k | €74k | €37k | ▼ 50.5% |
| Income taxes67/77 | €45k | €73k | €-9k | €30k | €15k | ▼ 50.2% |
| Profit (loss) for the period9904 | €150k | €216k | €90k | €44k | €22k | ▼ 50.7% |
| Profit (loss) for the period to be appropriated9905 | €150k | €216k | €90k | €44k | €22k | ▼ 50.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €368k | €584k | €701k | €729k | €756k | ▲ 3.7% |
| Fixed assets21/28 | €113k | - | €560k | €546k | €532k | ▼ 2.6% |
| Tangible fixed assets22/27 | €113k | - | €560k | €546k | €532k | ▼ 2.6% |
| Land and buildings22 | - | - | €560k | €546k | €532k | ▼ 2.6% |
| Current assets29/58 | €255k | €584k | €140k | €183k | €224k | ▲ 22.7% |
| Amounts receivable within one year40/41 | €4k | €30k | €46k | €5k | €110k | ▲ 2,048% |
| Trade receivables40 | - | €30k | €46k | €5k | €110k | ▲ 2,048% |
| Cash at bank and in hand54/58 | €251k | €554k | €94k | €178k | €114k | ▼ 35.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €368k | €584k | €701k | €729k | €756k | ▲ 3.7% |
| Equity10/15 | €338k | €554k | €644k | €688k | €710k | ▲ 3.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | €19k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €320k | €536k | €625k | €670k | €691k | ▲ 3.3% |
| Amounts payable17/49 | €30k | €30k | €57k | €41k | €46k | ▲ 13.0% |
| Amounts payable within one year42/48 | €30k | €30k | €57k | €41k | €46k | ▲ 13.0% |
| Financial debts43 | - | €29k | €30k | €29k | €33k | ▲ 12.4% |
| Other loans439 | - | €29k | €30k | €29k | €33k | ▲ 12.4% |
| Trade debts44 | €2k | - | €17k | - | €11k | - |
| Suppliers440/4 | - | - | €17k | - | €11k | - |
| Taxes, remuneration and social security45 | - | €1k | €9k | €12k | €2k | ▼ 83.7% |
| Taxes450/3 | - | €1k | €9k | €12k | €2k | ▼ 83.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €150k | €216k | €90k | €44k | €22k | ▼ 50.7% |
| + Depreciation and write-downs630 | €16k | - | €14k | €14k | €14k | = |
| Operating cash flow (approximation) | €166k | €216k | €104k | €59k | €36k | ▼ 38.3% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €303k | €-460k | €84k | €-64k | ▼ 176% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €216k ▲43.7%
Operating result €289k, net result €216k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 19.38
Current ratio from 8.60 to 19.38.
31-12
Financial
Equity above €500kEq €554k ▲63.7%
3 profitable years in a row build equity to €554k.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 6current ratio 8.60
Current ratio from 1.55 to 8.60; short-term debt falls from €107k to €30k.
31-12
Financial
Equity above €200kEq €338k ▲79.7%
2 profitable years in a row build equity to €338k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
Show earlier events
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 2001
Ground area
46 m²
Building footprint
46 m²
Volume, LiDAR
553 m³
Parcel 11805E0441/00A004, Flanders · tallest building 13.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Handelstraat 38, 2060 Antwerpen
since 20012.100.319.917
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0441/00A004 | Flanders | 46 m² | 1 · 46 m² | 13.8 m · 5 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.
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Of 346 companies in sector 28990 we hold annual accounts for 278. 193 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
Founded09-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
46480Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.