Dim Sum Experience
Open bankruptcyFinancials · financial year 2024, full format
2024 annual accounts filed 29 days after the deadline Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00444225.
Annual accounts 2024 filed on 29-08-2025 PDF all 4 filings
Turnover
≈ €1.2m
Estimated: probably between €710,000 and €2.0m
EBIT margin
Not included in this filing
Net result
-€29,859
2023 · €30,505
Working capital
-€145,593▼ 148%
2023 · -€58,676
Trend over the years
2021 to 2024, 4 financial years
The operating result for 2024 is a loss of €15,193, after a profit of €37,902 in 2023.
Operating result-€15,193
2024
Net result-€29,859
2024
Total assets€546,811
2024
Equity€120,276
2024
Debt€426,535
2024
Working capital-€145,593
2024
Return on assets (ROA)-5.5%
2024
Solvency22.0%
2024
Current ratio0.47
2024
Staff (FTE)18.5
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Operating result-€307,558-€33,567€37,902▲ 12.9%-€15,193
Net result-€308,971below the sector's middle half-€30,922within the sector's middle half€30,505within the sector's middle half▼ 1.3%-€29,859below the sector's middle half
Equity-€86,971below the sector's middle half--€56,049below the sector's middle half▲ 35.6%€114,999below the sector's middle half€120,276below the sector's middle half▲ 4.6%
Total assets€258,112within the sector's middle half-€410,575below the sector's middle half▲ 59.1%€371,131below the sector's middle half▼ 9.6%€546,811below the sector's middle half▲ 47.3%
Debt€345,083-€466,624▲ 35.2%€256,131▼ 45.1%€426,535▲ 66.5%
Working capital-€191,384below the sector's middle half--€254,682below the sector's middle half▼ 33.1%-€58,676below the sector's middle half▲ 77.0%-€145,593below the sector's middle half▼ 148%
Solvency-33.7%below the sector's middle half--13.7%below the sector's middle half▲ 20.0pp31.0%within the sector's middle half▲ 44.6pp22.0%within the sector's middle half▼ 9.0pp
Current ratio0.35below the sector's middle half-0.39below the sector's middle half▲ 0.050.74below the sector's middle half▲ 0.350.47below the sector's middle half▼ 0.27
Return on assets (ROA)-119.7%below the sector's middle half-7.5%within the sector's middle half▲ 127.2pp8.2%within the sector's middle half▲ 0.7pp-5.5%below the sector's middle half▼ 13.7pp
Staff (FTE)2.7-24.9within the sector's middle half▲ 822%30.4within the sector's middle half▲ 22.1%18.5within the sector's middle half▼ 39.1%
above
within
below
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Large changes and their cause
- 2022 Staff (FTE) +822% on 2021. The accounts now follow the full format, last year the micro format.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €538,396
Fixed assets
€408,623 ▲ 120%
Current assets
€129,773 ▼ 22.7%
Equity and liabilities €546,811
Equity
€120,276 ▲ 4.6%
Debt
€426,535 ▲ 66.5%
Debt's share of the balance-sheet total rises from 69.0% to 78.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67,063▼
2023 · €116,117
Cash flow
€52,397▼
2023 · €108,720
Quick ratio
0.27▼
2023 · 0.47
Debt to equity
3.55▲
2023 · 2.23
ROE
-24.8%▼
2023 · 26.5%
Interest coverage
4.32▼
2023 · 15.44
Debt ≤ 1 year
€275,365▲
2023 · €226,508
Debt > 1 year
€151,170▲
2023 · €29,623
Staff costs
€425,294▼
2023 · €459,471
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €41,800 | €349,601 | €459,471 | €425,294 | ▼ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,819 | €61,834 | €78,216 | €82,256 | ▲ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €9,867 | - | €34,247 | - | - |
| Other operating charges640/8 | €835 | €4,107 | €10,557 | €6,957 | ▼ 34.1% |
| Gross operating margin9900 | -€233,237 | €449,109 | €620,391 | €499,314 | ▼ 19.5% |
| Operating profit (loss)9901 | -€307,558 | €33,567 | €37,902 | -€15,193 | - |
| Financial income75/76B | €317 | €1,494 | €371 | €859 | ▲ 132% |
| Recurring financial income75 | €317 | €1,494 | €371 | €859 | ▲ 132% |
| Financial charges65/66B | €1,730 | €3,915 | €7,521 | €15,525 | ▲ 106% |
| Recurring financial charges65 | €1,730 | €3,915 | €7,521 | €15,525 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | -€308,971 | €31,146 | €30,751 | -€29,859 | - |
| Income taxes67/77 | - | €224 | €246 | - | - |
| Profit (loss) for the period9904 | -€308,971 | €30,922 | €30,505 | -€29,859 | - |
| Profit (loss) for the period to be appropriated9905 | -€308,971 | €30,922 | €30,505 | -€29,859 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €258,112 | €410,575 | €371,131 | €546,811 | ▲ 47.3% |
| Formation expenses20 | €35,839 | €26,698 | €17,557 | €8,415 | ▼ 52.1% |
| Fixed assets21/28 | €120,185 | €218,724 | €185,742 | €408,623 | ▲ 120% |
| Intangible fixed assets21 | €14,164 | €7,200 | €2,465 | €26,097 | ▲ 959% |
| Tangible fixed assets22/27 | €90,008 | €193,010 | €167,363 | €362,446 | ▲ 117% |
| Plant, machinery and equipment23 | €50,130 | €158,645 | €140,060 | €346,502 | ▲ 147% |
| Furniture and vehicles24 | €39,877 | €34,365 | €27,303 | €15,944 | ▼ 41.6% |
| Financial fixed assets28 | €16,014 | €18,514 | €15,914 | €20,080 | ▲ 26.2% |
| Current assets29/58 | €102,088 | €165,153 | €167,832 | €129,773 | ▼ 22.7% |
| Stocks and contracts in progress3 | €19,857 | €51,737 | €61,418 | €55,319 | ▼ 9.9% |
| Stocks30/36 | €19,857 | €51,737 | €61,418 | €55,319 | ▼ 9.9% |
| Amounts receivable within one year40/41 | €67,976 | €96,712 | €73,764 | €59,388 | ▼ 19.5% |
| Trade receivables40 | €36,164 | €42,483 | €56,317 | €46,517 | ▼ 17.4% |
| Other amounts receivable41 | €31,812 | €54,230 | €17,447 | €12,871 | ▼ 26.2% |
| Current investments50/53 | - | - | €15,000 | €15,000 | = |
| Cash at bank and in hand54/58 | €14,254 | €16,703 | €17,650 | €66 | ▼ 99.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €258,112 | €410,575 | €371,131 | €546,811 | ▲ 47.3% |
| Equity10/15 | -€86,971 | -€56,049 | €114,999 | €120,276 | ▲ 4.6% |
| Contributions10/11 | €222,000 | €222,000 | €362,544 | €397,680 | ▲ 9.7% |
| Reserves13 | - | - | €15,000 | €15,000 | = |
| Non-distributable reserves130/1 | - | - | €15,000 | €15,000 | = |
| Own shares acquired1312 | - | - | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€308,971 | -€278,049 | -€262,545 | -€292,404 | ▼ 11.4% |
| Amounts payable17/49 | €345,083 | €466,624 | €256,131 | €426,535 | ▲ 66.5% |
| Amounts payable after more than one year17 | €51,611 | €46,789 | €29,623 | €151,170 | ▲ 410% |
| Financial debts170/4 | €51,611 | €31,276 | €25,060 | €151,170 | ▲ 503% |
| Trade debts175 | - | €15,513 | €4,563 | - | - |
| Amounts payable within one year42/48 | €293,472 | €419,835 | €226,508 | €275,365 | ▲ 21.6% |
| Current portion of amounts payable after more than one year42 | - | €31,285 | €10,950 | €4,563 | ▼ 58.3% |
| Financial debts43 | €19,971 | - | €34,024 | €37,028 | ▲ 8.8% |
| Credit institutions430/8 | €19,971 | - | €34,024 | €37,028 | ▲ 8.8% |
| Trade debts44 | €261,628 | €267,244 | €155,762 | €188,025 | ▲ 20.7% |
| Suppliers440/4 | €261,628 | €267,244 | €155,762 | €188,025 | ▲ 20.7% |
| Taxes, remuneration and social security45 | €11,583 | €21,306 | €25,722 | €45,749 | ▲ 77.9% |
| Taxes450/3 | - | €224 | €2,426 | €4,740 | ▲ 95.4% |
| Remuneration and social security454/9 | €11,583 | €21,082 | €23,295 | €41,009 | ▲ 76.0% |
| Other amounts payable47/48 | €289 | €100,000 | €50 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€308,971 | €30,922 | €30,505 | -€29,859 | - |
| + Depreciation and write-downs630 | €21,819 | €61,834 | €78,216 | €82,256 | ▲ 5.2% |
| Operating cash flow (approximation) | -€287,152 | €92,756 | €108,720 | €52,397 | ▼ 51.8% |
| Investment in fixed assets (approximation) | - | -€160,373 | -€45,233 | -€305,137 | ▼ 575% |
| Change in cash | - | €2,449 | €947 | -€17,584 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.