DILGES
InactiveFinancials · financial year 2021, micro format
2021 annual accounts filed late (157 days) Filed on 4 January 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-20552532.
Turnover
≈ €160,000
Estimated: probably between €73,000 and €380,000
Total assets
€90,836▲ 5.8%
2020 · €85,872
Net result
€4,410▼ 87.9%
2020 · €36,582
Working capital
€73,153▲ 6.2%
2020 · €68,899
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result falls in 2021; 2021 is 84% below 2020.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€6,669
2021
Net result€4,410
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€90,836
2021
Equity€76,285
2021
Debt€14,550
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€73,153
2021
Average staff in full-time equivalents (FTE).
Staff (FTE)0.3
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€2,581-€22,355▲ 766%€42,600▲ 90.6%€6,669▼ 84.3%
Net result€1,699-€54,471▲ 32×€36,582▼ 32.8%€4,410▼ 87.9%
Equity-€9,179-€35,293€71,875▲ 104%€76,285▲ 6.1%
Total assets€28,805-€58,240▲ 102%€85,872▲ 47.4%€90,836▲ 5.8%
Debt€37,984-€22,947▼ 39.6%€13,997▼ 39.0%€14,550▲ 4.0%
Working capital-€6,983-€36,710€68,899▲ 87.7%€73,153▲ 6.2%
Staff (FTE)0.50.3
Turnover and EBIT margin 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 €90,836
Fixed assets
€3,132 ▼ 21.0%
Current assets
€87,704 ▲ 7.1%
Equity and liabilities €90,836
Equity
€76,285 ▲ 6.1%
Debt
€14,550 ▲ 4.0%
Debt's share of the balance-sheet total falls from 16.3% to 16.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,501▼
2020 · €43,432
Cash flow
€5,242▼
2020 · €37,414
Current ratio
6.03▼
2020 · 6.30
Quick ratio
5.98▼
2020 · 6.27
Debt to equity
0.19▼
2020 · 0.19
ROE
5.8%▼
2020 · 50.9%
ROA
4.9%▼
2020 · 42.6%
Interest coverage
35.59▼
2020 · over 100
Debt ≤ 1 year
€14,550▲
2020 · €13,009
Income taxes
€2,050▼
2020 · €5,698
Staff costs
€12,288▲
2020 · €7,656
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 |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €7,656 | €12,288 | ▲ 60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €832 | - | €832 | €832 | = |
| Other operating charges640/8 | - | - | €2,423 | €972 | ▼ 59.9% |
| Gross operating margin9900 | €14,584 | €28,739 | €53,510 | €20,761 | ▼ 61.2% |
| Operating profit (loss)9901 | €2,581 | €22,355 | €42,600 | €6,669 | ▼ 84.3% |
| Financial income75/76B | - | - | €7 | €2 | ▼ 74.6% |
| Recurring financial income75 | €1 | €0 | €7 | €2 | ▼ 74.6% |
| Financial charges65/66B | - | - | €327 | €211 | ▼ 35.6% |
| Recurring financial charges65 | €883 | €868 | €327 | €211 | ▼ 35.6% |
| Profit (loss) for the period before taxes9903 | €1,699 | €61,137 | €42,280 | €6,460 | ▼ 84.7% |
| Income taxes67/77 | - | €6,665 | €5,698 | €2,050 | ▼ 64.0% |
| Profit (loss) for the period9904 | €1,699 | €54,471 | €36,582 | €4,410 | ▼ 87.9% |
| Profit (loss) for the period to be appropriated9905 | €1,699 | €54,471 | €36,582 | €4,410 | ▼ 87.9% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €28,805 | €58,240 | €85,872 | €90,836 | ▲ 5.8% |
| Fixed assets21/28 | €4,796 | €4,796 | €3,964 | €3,132 | ▼ 21.0% |
| Tangible fixed assets22/27 | €2,496 | €2,496 | €1,664 | €832 | ▼ 50.0% |
| Land and buildings22 | - | - | €1,664 | €832 | ▼ 50.0% |
| Financial fixed assets28 | €2,300 | €2,300 | €2,300 | €2,300 | = |
| Current assets29/58 | €24,009 | €53,444 | €81,908 | €87,704 | ▲ 7.1% |
| Stocks and contracts in progress3 | €396 | €396 | €396 | €652 | ▲ 64.5% |
| Stocks30/36 | - | - | €396 | €652 | ▲ 64.5% |
| Amounts receivable within one year40/41 | €48 | €13,169 | €53,944 | €70,851 | ▲ 31.3% |
| Trade receivables40 | - | - | €26,988 | €100 | ▼ 99.6% |
| Other amounts receivable41 | - | - | €26,956 | €70,751 | ▲ 162% |
| Cash at bank and in hand54/58 | €22,866 | €39,879 | €27,568 | €11,927 | ▼ 56.7% |
| Deferred charges and accrued income490/1 | - | - | - | €4,274 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €28,805 | €58,240 | €85,872 | €90,836 | ▲ 5.8% |
| Equity10/15 | -€9,179 | €35,293 | €71,875 | €76,285 | ▲ 6.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | - | - |
| Issued capital100 | - | - | €18,600 | - | - |
| Contributions outside capital11 | - | - | - | €18,600 | - |
| Other1109/19 | - | - | - | €18,600 | - |
| Reserves13 | - | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€27,779 | €14,833 | €51,415 | €55,825 | ▲ 8.6% |
| Amounts payable17/49 | €37,984 | €22,947 | €13,997 | €14,550 | ▲ 4.0% |
| Amounts payable after more than one year17 | €6,992 | €6,213 | - | - | - |
| Amounts payable within one year42/48 | €30,992 | €16,734 | €13,009 | €14,550 | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | - | - | €4,416 | - | - |
| Trade debts44 | €5,822 | €13,351 | €767 | €5,026 | ▲ 555% |
| Suppliers440/4 | - | - | €767 | €5,026 | ▲ 555% |
| Taxes, remuneration and social security45 | - | - | €7,826 | €9,525 | ▲ 21.7% |
| Taxes450/3 | - | - | €7,826 | €8,969 | ▲ 14.6% |
| Remuneration and social security454/9 | - | - | - | €556 | - |
| Accrued charges and deferred income492/3 | - | - | €988 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,699 | €54,471 | €36,582 | €4,410 | ▼ 87.9% |
| + Depreciation and write-downs630 | €832 | - | €832 | €832 | = |
| Operating cash flow (approximation) | €2,531 | €54,471 | €37,414 | €5,242 | ▼ 86.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €17,013 | -€12,311 | -€15,642 | ▼ 27.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 04-01-2023 | 2023-20552532 |
| 31-12-2020 | micro format | 12-08-2022 | 2022-20285340 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38200334 |
| 31-12-2018 | micro format | 04-07-2019 | 2019-31100107 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-39000374 |
| 31-12-2016 | abbreviated format | 21-03-2017 | 2017-06600568 |
| 31-12-2015 | abbreviated format | 12-07-2016 | 2016-32500187 |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-48900366 |
| 31-12-2013 | abbreviated format | 19-08-2014 | 2014-44300387 |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-38300404 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.