Dirac
ActiveSummary
Dirac has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €359,776 and a net result of €53,232. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability46▲+12
Solvency39▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.5 in 2023; short-term debt: 8.2% and cash: 1.7% of total assets), and 86.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9046 sector peers (2024).
NBB · sector comparisonPosition among 9046 sector peers
Solvency
better than 18%
← weakest
strongest →
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
29 d late
2022
42 d early
2021
6 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€359,776▲ 17.4%
2023 · €306,543
Total assets
€2.6m▼ 3.8%
2023 · €2.7m
Net result
€53,232
2023 · -€48,989
Working capital
-€84,171▲ 59.1%
2023 · -€205,562
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€14,462-€8,874-€26,532▼ 199%-€5,760▲ 78.3%€123,691
Net result€10,697-€11,621-€36,521▼ 214%-€48,989▼ 34.1%€53,232
Equity€403,674▲ 2.7%€392,053▼ 2.9%€355,533▼ 9.3%€306,543▼ 13.8%€359,776▲ 17.4%
Total assets€501,381▼ 2.5%€845,171▲ 68.6%€1.5m▲ 73.1%€2.7m▲ 86.8%€2.6m▼ 3.8%
Debt€97,707▼ 19.4%€453,118▲ 364%€1.1m▲ 144%€2.4m▲ 119%€2.3m▼ 6.5%
Working capital€248,850▼ 0.6%€185,012▼ 25.7%€49,338▼ 73.3%-€205,562-€84,171▲ 59.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €123,691 after a loss of €5,760 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.6m
Fixed assets
€2.5m ▼ 1.3%
Current assets
€131,362 ▼ 34.9%
Equity and liabilities €2.6m
Equity
€359,776 ▲ 17.4%
Debt
€2.3m ▼ 6.5%
Debt's share of the balance-sheet total falls from 88.8% to 86.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€218,406▲
2023 · €94,853
Cash flow
€147,948▲
2023 · €51,623
Current ratio
0.61▲
2023 · 0.50
Quick ratio
0.56▲
2023 · 0.45
Debt to equity
6.31▼
2023 · 7.91
ROE
14.8%▲
2023 · -16.0%
ROA
2.0%▲
2023 · -1.8%
Interest coverage
2.99▲
2023 · 2.10
Debt ≤ 1 year
€215,533▼
2023 · €407,265
Debt > 1 year
€2.1m▲
2023 · €2.0m
Income taxes
-€1,258▼
2023 · €0
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 | €32,714 | €57,625 | €103,362 | €100,613 | €94,715 | ▼ 5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,198 | €0 | - | - | - |
| Other operating charges640/8 | - | €7,122 | €9,121 | €11,256 | €14,548 | ▲ 29.2% |
| Gross operating margin9900 | €53,252 | €58,071 | €85,951 | €106,109 | €232,954 | ▲ 120% |
| Operating profit (loss)9901 | €14,462 | -€8,874 | -€26,532 | -€5,760 | €123,691 | ▲ 2,247% |
| Financial income75/76B | - | €2,500 | €1,968 | €1,927 | €1,428 | ▼ 25.9% |
| Recurring financial income75 | €3,482 | €2,500 | €1,968 | €1,927 | €1,428 | ▼ 25.9% |
| Financial charges65/66B | - | €4,918 | €11,696 | €45,156 | €73,144 | ▲ 62.0% |
| Recurring financial charges65 | €1,831 | €4,918 | €11,696 | €45,156 | €73,144 | ▲ 62.0% |
| Profit (loss) for the period before taxes9903 | €16,113 | -€11,292 | -€36,259 | -€48,989 | €51,974 | ▲ 206% |
| Income taxes67/77 | €5,416 | €329 | €261 | €0 | -€1,258 | - |
| Profit (loss) for the period9904 | €10,697 | -€11,621 | -€36,521 | -€48,989 | €53,232 | ▲ 209% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €24,917 | -€11,621 | -€36,521 | -€48,989 | €53,232 | ▲ 209% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €501,381 | €845,171 | €1.5m | €2.7m | €2.6m | ▼ 3.8% |
| Fixed assets21/28 | €208,825 | €606,639 | €1.3m | €2.5m | €2.5m | ▼ 1.3% |
| Tangible fixed assets22/27 | €207,775 | €605,589 | €1.3m | €2.5m | €2.5m | ▼ 1.3% |
| Land and buildings22 | - | €571,167 | €1.3m | €2.5m | €2.5m | ▼ 1.1% |
| Plant, machinery and equipment23 | - | €18,837 | €15,697 | €12,558 | €9,418 | ▼ 25.0% |
| Leasing and similar rights25 | - | €15,586 | €9,272 | €2,958 | €0 | ▼ 100% |
| Financial fixed assets28 | €1,050 | €1,050 | €1,050 | €1,050 | €1,050 | = |
| Current assets29/58 | €292,556 | €238,532 | €172,272 | €201,704 | €131,362 | ▼ 34.9% |
| Amounts receivable after more than one year29 | - | €104,653 | €84,494 | €63,957 | €43,033 | ▼ 32.7% |
| Other amounts receivable291 | - | €104,653 | €84,494 | €63,957 | €43,033 | ▼ 32.7% |
| Stocks and contracts in progress3 | €3,981 | €4,824 | €5,724 | €18,778 | €10,891 | ▼ 42.0% |
| Stocks30/36 | - | €4,824 | €5,724 | €18,778 | €10,891 | ▼ 42.0% |
| Amounts receivable within one year40/41 | €100,256 | €58,462 | €36,776 | €40,527 | €31,444 | ▼ 22.4% |
| Trade receivables40 | - | €40,311 | €16,617 | €19,990 | €10,521 | ▼ 47.4% |
| Other amounts receivable41 | - | €18,152 | €20,158 | €20,537 | €20,923 | ▲ 1.9% |
| Cash at bank and in hand54/58 | €61,631 | €64,193 | €42,586 | €73,954 | €43,872 | ▼ 40.7% |
| Deferred charges and accrued income490/1 | - | €6,401 | €2,694 | €4,488 | €2,121 | ▼ 52.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €501,381 | €845,171 | €1.5m | €2.7m | €2.6m | ▼ 3.8% |
| Equity10/15 | €403,674 | €392,053 | €355,533 | €306,543 | €359,776 | ▲ 17.4% |
| Contributions10/11 | - | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Reserves13 | €327,736 | €327,736 | €327,736 | €291,670 | €344,902 | ▲ 18.3% |
| Tax-exempt reserves132 | - | €19,866 | €19,866 | €19,866 | €19,866 | = |
| Distributable reserves133 | - | €307,870 | €307,870 | €271,804 | €325,036 | ▲ 19.6% |
| Profit (loss) carried forward14 | €61,065 | €49,444 | €12,924 | €0 | - | - |
| Amounts payable17/49 | €97,707 | €453,118 | €1.1m | €2.4m | €2.3m | ▼ 6.5% |
| Amounts payable after more than one year17 | €54,001 | €399,598 | €983,992 | €2.0m | €2.1m | ▲ 1.7% |
| Financial debts170/4 | - | €399,598 | €983,992 | €2.0m | €2.1m | ▲ 1.7% |
| Amounts payable within one year42/48 | €43,706 | €53,520 | €122,934 | €407,265 | €215,533 | ▼ 47.1% |
| Current portion of amounts payable after more than one year42 | - | €38,953 | €63,134 | €94,183 | €98,343 | ▲ 4.4% |
| Trade debts44 | €9,820 | €7,491 | €13,284 | €217,445 | €23,507 | ▼ 89.2% |
| Suppliers440/4 | - | €7,491 | €13,284 | €217,445 | €23,507 | ▼ 89.2% |
| Taxes, remuneration and social security45 | - | €5,579 | €2,064 | €9,729 | €5,673 | ▼ 41.7% |
| Taxes450/3 | - | €5,579 | €2,064 | €9,729 | €5,673 | ▼ 41.7% |
| Other amounts payable47/48 | - | €1,497 | €44,451 | €85,909 | €88,010 | ▲ 2.4% |
| Accrued charges and deferred income492/3 | - | - | €344 | €1,894 | €3,444 | ▲ 81.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,697 | -€11,621 | -€36,521 | -€48,989 | €53,232 | ▲ 209% |
| + Depreciation and write-downs630 | €32,714 | €57,625 | €103,362 | €100,613 | €94,715 | ▼ 5.9% |
| Operating cash flow (approximation) | €43,411 | €46,004 | €66,841 | €51,623 | €147,948 | ▲ 187% |
| Investment in fixed assets (approximation) | - | -€455,439 | -€787,253 | -€1.3m | -€61,475 | ▲ 95.4% |
| Change in cash | - | €2,561 | -€21,607 | €31,368 | -€30,082 | ▼ 196% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €53,232
Net result €53,232 after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet -€48,989
Net result drops to -€48,989, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Back to profitnet €10,697
Net result €10,697 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 83 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Ukkel · 1 establishment unit since 1964
Ground area
1,398 m²
Building footprint
503 m²
Volume, LiDAR
2,958 m³
Parcel 21616G0226/00B002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
DIRAC
since 19642.010.047.064
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0226/00B002 | Brussels | 1,398 m² | 1 · 503 m² | 12.7 m · 2 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 979 companies in sector 46431 we hold annual accounts for 705. 547 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
Scores and ratios are computed by Checked and are not a credit decision.