DNF GROUP
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 17-05-2021, 75 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
75 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€2.3m▲ 22.8%
2019 · €1.9m
Total assets
€3.3m▲ 4.0%
2019 · €3.2m
Net result
€430,522▲ 65.0%
2019 · €260,906
Working capital
-€58,707▲ 70.2%
2019 · -€197,025
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€327,401-€140,385▼ 57.1%€331,482▲ 136%
Net result€399,582-€260,906▼ 34.7%€430,522▲ 65.0%
Equity€1.6m-€1.9m▲ 16.1%€2.3m▲ 22.8%
Total assets€3.1m-€3.2m▲ 2.0%€3.3m▲ 4.0%
Debt€1.5m-€1.3m▼ 13.3%€990,736▼ 23.4%
Working capital-€180,449--€197,025▼ 9.2%-€58,707▲ 70.2%
Staff (FTE)1-1.8▲ 80.0%1.8=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2020 Net result +65% on 2019. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 136% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €3.3m
Fixed assets
€3.1m ▲ 0.2%
Current assets
€243,222 ▲ 103%
Equity and liabilities €3.3m
Equity
€2.3m ▲ 22.8%
Debt
€990,736 ▼ 23.4%
Debt's share of the balance-sheet total falls from 40.7% to 30.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.81▲
2019 · 0.38
Debt to equity
0.29▼
2019 · 0.50
ROE
18.6%▲
2019 · 13.8%
ROA
13.0%▲
2019 · 8.2%
Debt ≤ 1 year
€301,929▼
2019 · €316,798
Debt > 1 year
€672,602▼
2019 · €937,341
Income taxes
€79,679▲
2019 · €31,429
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €378,991 | €241,834 | €434,524 | ▲ 79.7% |
| Operating profit (loss)9901 | €327,401 | €140,385 | €331,482 | ▲ 136% |
| Recurring financial income75 | €201,036 | €188,936 | €210,282 | ▲ 11.3% |
| Recurring financial charges65 | €45,090 | €36,986 | €31,563 | ▼ 14.7% |
| Profit (loss) for the period before taxes9903 | €483,346 | €292,335 | €510,201 | ▲ 74.5% |
| Income taxes67/77 | €83,765 | €31,429 | €79,679 | ▲ 154% |
| Profit (loss) for the period9904 | €399,582 | €260,906 | €430,522 | ▲ 65.0% |
| Profit (loss) for the period to be appropriated9905 | €399,582 | €260,906 | €430,522 | ▲ 65.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3.1m | €3.2m | €3.3m | ▲ 4.0% |
| Fixed assets21/28 | €3.1m | €3.1m | €3.1m | ▲ 0.2% |
| Financial fixed assets28 | €3.1m | €3.1m | €3.1m | ▲ 0.2% |
| Current assets29/58 | €56,385 | €119,772 | €243,222 | ▲ 103% |
| Amounts receivable within one year40/41 | €32,555 | €87,265 | €199,093 | ▲ 128% |
| Cash at bank and in hand54/58 | €23,831 | €32,508 | €44,128 | ▲ 35.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3.1m | €3.2m | €3.3m | ▲ 4.0% |
| Equity10/15 | €1.6m | €1.9m | €2.3m | ▲ 22.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €1.6m | €1.9m | €2.3m | ▲ 23.1% |
| Amounts payable17/49 | €1.5m | €1.3m | €990,736 | ▼ 23.4% |
| Amounts payable after more than one year17 | €1.2m | €937,341 | €672,602 | ▼ 28.2% |
| Amounts payable within one year42/48 | €236,834 | €316,798 | €301,929 | ▼ 4.7% |
| Trade debts44 | €450 | €104,315 | €38,418 | ▼ 63.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €399,582 | €260,906 | €430,522 | ▲ 65.0% |
| Operating cash flow (approximation) | €399,582 | €260,906 | €430,522 | ▲ 65.0% |
| Investment in fixed assets (approximation) | - | €5 | -€5,000 | ▼ 100,100% |
| Change in cash | - | €8,677 | €11,620 | ▲ 33.9% |
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
2026
17-06
State Gazette act
General meeting · Legal-form conversion
Registered office clause · Purpose change
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €430,522 ▲65%
Operating result €331,482, net result €430,522, both a record.
31-12
Financial
Equity above €2mEq €2.3m ▲22.8%
3 profitable years in a row build equity to €2.3m.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €260,906 ▼34.7%
Net result drops to €260,906, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
2015
19-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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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