DIEGELS
InactiveFinancials · financial year 2021, micro format
Annual accounts 2021 filed on 15-06-2022 PDF all 13 filings
Turnover
≈ €19,000
Estimated: probably between €8,700 and €45,000
Total assets
€975,740▼ 7.5%
2020 · €1.1m
Net result
-€36,050
2020 · €22,758
Working capital
€374,297▼ 24.1%
2020 · €493,300
Multi-year overview
2018 to 2021, 4 financial yearsOperating result
-€24,988
2021
20182021
Net result
-€36,050
2021
20182021
Equity
€539,353
▼ 6.3%
2021
20182021
Total assets
€975,740
▼ 7.5%
2021
20182021
Debt
€433,888
▼ 9.6%
2021
20182021
Working capital
€374,297
▼ 24.1%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€0.2m-€0.2m▼ 6.6%€0.05m▼ 72.7%-€0.02m
Net result€0.1m-€0.1m▼ 3.6%€0.02m▼ 80.5%-€0.04m
Equity€0.4m-€0.6m▲ 26.7%€0.6m▲ 4.1%€0.5m▼ 6.3%
Total assets€1.0m-€1.1m▲ 10.6%€1.1m▲ 0.3%€1.0m▼ 7.5%
Debt€0.5m-€0.5m▼ 3.1%€0.5m▼ 3.9%€0.4m▼ 9.6%
Working capital€0.3m-€0.5m▲ 35.2%€0.5m▲ 6.0%€0.4m▼ 24.1%
The operating result for 2021 is a loss of €24,988, after a profit of €50,735 in 2020. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €975,740
Fixed assets
€502,594 ▼ 4.5%
Current assets
€473,147 ▼ 10.5%
Equity and liabilities €975,740
Equity
€539,353 ▼ 6.3%
Provisions
€2,500
Debt
€433,888 ▼ 9.6%
Debt's share of the balance-sheet total falls from 45.5% to 44.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,099▼
2020 · €75,376
Cash flow
-€12,161▼
2020 · €47,399
Current ratio
4.79▼
2020 · 14.96
Debt to equity
0.80▲
2020 · 0.77
ROE
-6.7%▼
2020 · 4.0%
ROA
-3.7%▼
2020 · 2.2%
Interest coverage
-0.10
Debt ≤ 1 year
€98,850▲
2020 · €35,348
Debt > 1 year
€335,038▼
2020 · €444,380
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,335 | €24,641 | €24,641 | €23,889 | ▼ 3.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €2,500 | - |
| Other operating charges640/8 | - | - | - | €1,079 | - |
| Gross operating margin9900 | €224,976 | €212,003 | €76,999 | €2,480 | ▼ 96.8% |
| Operating profit (loss)9901 | €199,348 | €186,095 | €50,735 | -€24,988 | - |
| Recurring financial income75 | €0 | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €11,062 | - |
| Recurring financial charges65 | €22,528 | €15,033 | €18,859 | €11,062 | ▼ 41.3% |
| Profit (loss) for the period before taxes9903 | €176,820 | €171,063 | €31,876 | -€36,050 | - |
| Income taxes67/77 | €56,053 | €54,647 | €9,118 | - | - |
| Profit (loss) for the period9904 | €120,767 | €116,416 | €22,758 | -€36,050 | - |
| Profit (loss) for the period to be appropriated9905 | €120,767 | €116,416 | €22,758 | -€36,050 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.0m | €1.1m | €1.1m | €1.0m | ▼ 7.5% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 4.5% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 6.9% |
| Furniture and vehicles24 | - | - | - | €0.001m | - |
| Leasing and similar rights25 | - | - | - | €0.3m | - |
| Other tangible fixed assets26 | - | - | - | €0.002m | - |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Current assets29/58 | €0.4m | €0.5m | €0.5m | €0.5m | ▼ 10.5% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.01m | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 8.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.0m | €1.1m | €1.1m | €1.0m | ▼ 7.5% |
| Equity10/15 | €0.4m | €0.6m | €0.6m | €0.5m | ▼ 6.3% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | - |
| Reserves13 | €0.2m | €0.4m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | - |
| Distributable reserves133 | - | - | - | €0.4m | - |
| Profit (loss) carried forward14 | - | - | - | -€0.04m | - |
| Provisions and deferred taxes16 | - | - | - | €0.003m | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.003m | - |
| Other liabilities and charges164/5 | - | - | - | €0.003m | - |
| Amounts payable17/49 | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 9.6% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 24.6% |
| Financial debts170/4 | - | - | - | €0.3m | - |
| Amounts payable within one year42/48 | €0.03m | €0.04m | €0.04m | €0.1m | ▲ 180% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | - |
| Trade debts44 | €334 | €166 | €260 | €0.002m | ▲ 615% |
| Suppliers440/4 | - | - | - | €0.002m | - |
| Other amounts payable47/48 | - | - | - | €0.08m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,767 | €116,416 | €22,758 | -€36,050 | - |
| + Depreciation and write-downs630 | €24,335 | €24,641 | €24,641 | €23,889 | ▼ 3.1% |
| Operating cash flow (approximation) | €145,101 | €141,057 | €47,399 | -€12,161 | - |
| Investment in fixed assets (approximation) | - | -€1,369 | €0 | €0 | - |
| Change in cash | - | €116,612 | €134,299 | -€41,170 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 15-06-2022 | 2022-20068276 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28500237 | |
| 31-12-2019 | micro format | 08-06-2020 | 2020-15200006 | |
| 31-12-2018 | micro format | 16-07-2019 | 2019-33500369 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-27400580 | |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-25600420 | |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-26700456 | |
| 31-12-2014 | abbreviated format | 22-06-2015 | 2015-19500475 | |
| 31-12-2013 | abbreviated format | 24-06-2014 | 2014-21000346 | |
| 31-12-2012 | abbreviated format | 04-06-2013 | 2013-14800010 |