DIMPACK
Bankruptcy closedInactive since 14-10-2026; last annual accounts for financial year 2023.
Summary
DIMPACK was declared bankrupt on 18-02-2025 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 13-10-2026, published in the Belgian Official Gazette on 19-10-2026.
Financials · financial year 2023, abbreviated format
2023 annual accounts filed late (68 days) Filed on 7 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00496601.
Equity
€83,530▼ 69.3%
2022 · €271,713
Total assets
€1.2m▲ 3.0%
2022 · €1.1m
Net result
-€188,184
2022 · €4,452
Working capital
€37,916▼ 81.4%
2022 · €203,844
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result turns negative in 2023: a loss of €159,863 after €32,684 in 2022, 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-€0.2m
2023
Net result-€0.2m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.2m
2023
Equity€0.08m
2023
Debt€1.1m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.04m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)3.1
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€0.04m--€0.04m-€0.02m▲ 45.0%€0.07m€0.03m▼ 55.3%-€0.2m
Net result€0.02m--€0.05m-€0.04m▲ 30.1%€0.04m€0.004m▼ 88.6%-€0.2m
Equity€0.3m-€0.3m▼ 16.1%€0.2m▼ 13.4%€0.3m▲ 17.2%€0.3m▲ 1.7%€0.08m▼ 69.3%
Total assets€0.9m-€1.0m▲ 4.2%€1.2m▲ 18.8%€1.2m▲ 0.8%€1.1m▼ 4.9%€1.2m▲ 3.0%
Debt€0.6m-€0.7m▲ 14.3%€0.9m▲ 30.6%€0.9m▼ 3.2%€0.8m▼ 6.8%€1.1m▲ 26.3%
Working capital€0.2m-€0.2m▼ 23.7%€0.1m▼ 17.6%€0.3m▲ 98.4%€0.2m▼ 23.1%€0.04m▼ 81.4%
Staff (FTE)5.3-5.6▲ 5.7%4.4▼ 21.4%3.4▼ 22.7%3▼ 11.8%3.1▲ 3.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.2m
Fixed assets
€209,574 ▼ 10.8%
Current assets
€940,925 ▲ 6.7%
Equity and liabilities €1.2m
Equity
€83,530 ▼ 69.3%
Debt
€1.1m ▲ 26.3%
Debt's share of the balance-sheet total rises from 75.7% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€113,757▼
2022 · €75,310
Cash flow
-€142,077▼
2022 · €47,078
Current ratio
1.04▼
2022 · 1.30
Quick ratio
0.20▲
2022 · 0.18
Debt to equity
12.77▲
2022 · 3.11
ROE
-225.3%▼
2022 · 1.6%
ROA
-16.4%▼
2022 · 0.4%
Interest coverage
-4.06▼
2022 · 2.65
Debt ≤ 1 year
€903,009▲
2022 · €678,051
Debt > 1 year
€163,960▼
2022 · €167,061
Income taxes
€343
Staff costs
€140,513▲
2022 · €88,723
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 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,660 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €99,835 | €88,723 | €140,513 | ▲ 58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,885 | €61,961 | €71,755 | €65,020 | €42,626 | €46,107 | ▲ 8.2% |
| Other operating charges640/8 | - | - | - | €2,858 | €13,481 | €15,176 | ▲ 12.6% |
| Gross operating margin9900 | €283,399 | €177,458 | €166,940 | €240,890 | €177,514 | €41,933 | ▼ 76.4% |
| Operating profit (loss)9901 | €42,999 | -€37,677 | -€20,707 | €73,177 | €32,684 | -€159,863 | - |
| Financial income75/76B | - | - | - | €1,218 | €145 | €65 | ▼ 55.0% |
| Recurring financial income75 | €192 | €520 | €122 | €1,218 | €145 | €65 | ▼ 55.0% |
| Financial charges65/66B | - | - | - | €35,181 | €28,378 | €28,043 | ▼ 1.2% |
| Recurring financial charges65 | €17,678 | €13,206 | €14,825 | €35,181 | €28,378 | €28,043 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €25,513 | -€50,363 | -€35,410 | €39,214 | €4,452 | -€187,841 | - |
| Income taxes67/77 | €5,530 | €312 | €0 | - | - | €343 | - |
| Profit (loss) for the period9904 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| Profit (loss) for the period to be appropriated9905 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.9m | €1.0m | €1.2m | €1.2m | €1.1m | €1.2m | ▲ 3.0% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Intangible fixed assets21 | €0.004m | €0.002m | €0.001m | €0 | - | - | - |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 9.0% |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.006m | €0.006m | ▼ 1.2% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.1m | €0.08m | ▼ 13.8% |
| Other tangible fixed assets26 | - | - | - | €0 | - | - | - |
| Financial fixed assets28 | €82 | €82 | €0 | - | - | - | - |
| Current assets29/58 | €0.7m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 6.7% |
| Stocks and contracts in progress3 | €0.5m | €0.5m | €0.7m | €0.7m | €0.8m | €0.8m | ▲ 0.5% |
| Stocks30/36 | - | - | - | €0.7m | €0.8m | €0.8m | ▲ 0.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 42.5% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.2m | ▲ 44.8% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.006m | €0.006m | = |
| Cash at bank and in hand54/58 | €0.04m | €0.05m | €0.03m | €0.03m | €0.005m | €0.009m | ▲ 96.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.003m | ▲ 51.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €1.2m | €1.2m | €1.1m | €1.2m | ▲ 3.0% |
| Equity10/15 | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.08m | ▼ 69.3% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.09m | €0.04m | €0.004m | €0.04m | €0.05m | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €0.04m | €0.04m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | -€0.001m | €0 | - | -€0.1m | - |
| Amounts payable17/49 | €0.6m | €0.7m | €0.9m | €0.9m | €0.8m | €1.1m | ▲ 26.3% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 1.9% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | ▼ 1.9% |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.7m | €0.6m | €0.7m | €0.9m | ▲ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 20.1% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 34.1% |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0.4m | ▲ 34.1% |
| Trade debts44 | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 91.1% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.3m | ▲ 91.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.07m | €0.06m | ▼ 20.7% |
| Taxes450/3 | - | - | - | €0.04m | €0.05m | €0.03m | ▼ 35.1% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | ▲ 16.1% |
| Other amounts payable47/48 | - | - | - | - | €0.04m | €0.02m | ▼ 49.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,983 | -€50,675 | -€35,410 | €39,214 | €4,452 | -€188,184 | - |
| + Depreciation and write-downs630 | €54,885 | €61,961 | €71,755 | €65,020 | €42,626 | €46,107 | ▲ 8.2% |
| Operating cash flow (approximation) | €74,868 | €11,286 | €36,345 | €104,234 | €47,078 | -€142,077 | - |
| Investment in fixed assets (approximation) | - | -€21,833 | -€180,137 | -€8,087 | -€16,680 | -€20,750 | ▼ 24.4% |
| Change in cash | - | €13,530 | -€19,680 | -€6,995 | -€22,462 | €4,433 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00496601 |
| 31-12-2022 | abbreviated format | 09-10-2023 | 2023-00480933 |
| 31-12-2021 | abbreviated format | 18-10-2022 | 2022-20466905 |
| 31-12-2020 | abbreviated format | 28-10-2021 | 2021-74100220 |
| 31-12-2019 | abbreviated format | 30-11-2020 | 2020-73400011 |
| 31-12-2018 | abbreviated format | 30-09-2019 | 2019-66500262 |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-64900477 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54200418 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58100208 |
| 31-12-2014 | abbreviated format | 26-06-2015 | 2015-23200284 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.