DUCA
Absorbed by RJS HOLDINGFinancials · financial year 2024, full format
Annual accounts 2024 filed on 30-01-2025 PDF all 18 filings
Turnover
≈ €180,000
Estimated: probably between €94,000 and €330,000
EBIT margin
Not included in this filing
Net result
€22,199▲ 198%
2023 · €7,440
Working capital
€911
2023 · -€21,095
Multi-year overview
2019 to 2024, 6 financial yearsOperating result
€35,608
▲ 183%
2024
20192024
Net result
€22,199
▲ 198%
2024
20192024
Equity
€53,774
▲ 70.3%
2024
20192024
Total assets
€173,873
▲ 5.6%
2024
20192024
Debt
€120,099
▼ 9.8%
2024
20192024
Working capital
€911
2024
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€12,168-€8,937▼ 26.6%€10,256▲ 14.8%-€2,111€12,588€35,608▲ 183%
Net result€1,089-€3,525▲ 224%€5,102▲ 44.7%-€5,736€7,440€22,199▲ 198%
Equity€21,244-€24,769▲ 16.6%€29,871▲ 20.6%€24,135▼ 19.2%€31,575▲ 30.8%€53,774▲ 70.3%
Total assets€178,373-€186,401▲ 4.5%€192,065▲ 3.0%€206,564▲ 7.5%€164,672▼ 20.3%€173,873▲ 5.6%
Debt€157,129-€161,632▲ 2.9%€162,194▲ 0.3%€182,429▲ 12.5%€133,097▼ 27.0%€120,099▼ 9.8%
Working capital-€23,634--€39,090▼ 65.4%-€31,096▲ 20.5%-€30,932▲ 0.5%-€21,095▲ 31.8%€911
The operating result for 2024 is 183% higher than in 2023 and the highest since 2019. It is the second rise in a row, after the fall in 2022.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173,873
Fixed assets
€77,866 ▼ 10.1%
Current assets
€96,008 ▲ 22.9%
Equity and liabilities €173,873
Equity
€53,774 ▲ 70.3%
Debt
€120,099 ▼ 9.8%
Debt's share of the balance-sheet total falls from 80.8% to 69.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44,326▲
2023 · €21,517
Cash flow
€30,917▲
2023 · €16,369
Current ratio
1.01▲
2023 · 0.79
Debt to equity
2.23▼
2023 · 4.22
ROE
41.3%▲
2023 · 23.6%
ROA
12.8%▲
2023 · 4.5%
Interest coverage
8.10▲
2023 · 3.51
Debt ≤ 1 year
€95,097▼
2023 · €99,183
Debt > 1 year
€22,995▼
2023 · €31,410
Income taxes
€7,978▲
2023 · €640
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Tangible fixed assets | €11,739 | - | - |
| Depreciation and write-downs of the year | €9,270 | €8,929 | €8,718 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,104 | €27,507 | €24,907 | €9,270 | €8,929 | €8,718 | ▼ 2.4% |
| Other operating charges640/8 | - | - | - | €6,534 | €5,500 | €5,258 | ▼ 4.4% |
| Gross operating margin9900 | €43,434 | €42,633 | €40,497 | €13,693 | €27,017 | €49,584 | ▲ 83.5% |
| Operating profit (loss)9901 | €12,168 | €8,937 | €10,256 | -€2,111 | €12,588 | €35,608 | ▲ 183% |
| Financial income75/76B | - | - | - | €1,204 | €1,631 | €43 | ▼ 97.4% |
| Recurring financial income75 | €83 | €398 | €549 | €1,204 | €1,631 | €43 | ▼ 97.4% |
| Financial charges65/66B | - | - | - | €4,493 | €6,138 | €5,474 | ▼ 10.8% |
| Recurring financial charges65 | €8,518 | €5,413 | €5,346 | €4,493 | €6,138 | €5,474 | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €3,733 | €3,922 | €5,459 | -€5,400 | €8,080 | €30,177 | ▲ 273% |
| Income taxes67/77 | €2,644 | €397 | €357 | €336 | €640 | €7,978 | ▲ 12× |
| Profit (loss) for the period9904 | €1,089 | €3,525 | €5,102 | -€5,736 | €7,440 | €22,199 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | €1,089 | €3,525 | €5,102 | -€5,736 | €7,440 | €22,199 | ▲ 198% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €178,373 | €186,401 | €192,065 | €206,564 | €164,672 | €173,873 | ▲ 5.6% |
| Fixed assets21/28 | €153,984 | €139,512 | €117,612 | €95,513 | €86,584 | €77,866 | ▼ 10.1% |
| Tangible fixed assets22/27 | €153,984 | €139,512 | €117,612 | €95,513 | €86,584 | €77,866 | ▼ 10.1% |
| Land and buildings22 | - | - | - | €91,096 | €83,439 | €75,782 | ▼ 9.2% |
| Plant, machinery and equipment23 | - | - | - | €3,609 | €2,816 | €2,023 | ▼ 28.2% |
| Furniture and vehicles24 | - | - | - | €808 | €329 | €61 | ▼ 81.5% |
| Current assets29/58 | €24,389 | €46,889 | €74,453 | €111,051 | €78,088 | €96,008 | ▲ 22.9% |
| Stocks and contracts in progress3 | €4,120 | €3,534 | €4,355 | - | - | - | - |
| Amounts receivable within one year40/41 | €8,631 | €36,038 | €61,134 | €105,718 | €76,080 | €94,774 | ▲ 24.6% |
| Trade receivables40 | - | - | - | €48,464 | - | - | - |
| Other amounts receivable41 | - | - | - | €57,254 | €76,080 | €94,774 | ▲ 24.6% |
| Cash at bank and in hand54/58 | €10,867 | €6,230 | €7,727 | €3,539 | €23 | €445 | ▲ 19× |
| Deferred charges and accrued income490/1 | - | - | - | €1,794 | €1,986 | €789 | ▼ 60.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €178,373 | €186,401 | €192,065 | €206,564 | €164,672 | €173,873 | ▲ 5.6% |
| Equity10/15 | €21,244 | €24,769 | €29,871 | €24,135 | €31,575 | €53,774 | ▲ 70.3% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €11,860 | €11,860 | €11,860 | €11,860 | €11,860 | €41,860 | ▲ 253% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €10,000 | €10,000 | €40,000 | ▲ 300% |
| Profit (loss) carried forward14 | €3,184 | €6,709 | €11,811 | €6,075 | €13,515 | €5,714 | ▼ 57.7% |
| Amounts payable17/49 | €157,129 | €161,632 | €162,194 | €182,429 | €133,097 | €120,099 | ▼ 9.8% |
| Amounts payable after more than one year17 | €80,046 | €68,382 | €54,621 | €30,363 | €31,410 | €22,995 | ▼ 26.8% |
| Financial debts170/4 | - | - | - | €30,363 | €31,410 | €22,995 | ▼ 26.8% |
| Amounts payable within one year42/48 | €48,023 | €85,979 | €105,549 | €141,983 | €99,183 | €95,097 | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €24,258 | €8,001 | €8,416 | ▲ 5.2% |
| Trade debts44 | €5,348 | €12,014 | €17,638 | €48,245 | €8,343 | €4,171 | ▼ 50.0% |
| Suppliers440/4 | - | - | - | €48,245 | €8,343 | €4,171 | ▼ 50.0% |
| Taxes, remuneration and social security45 | - | - | - | €578 | €620 | €8,000 | ▲ 13× |
| Taxes450/3 | - | - | - | €578 | €620 | €8,000 | ▲ 13× |
| Other amounts payable47/48 | - | - | - | €68,902 | €82,218 | €74,510 | ▼ 9.4% |
| Accrued charges and deferred income492/3 | - | - | - | €10,083 | €2,503 | €2,008 | ▼ 19.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,089 | €3,525 | €5,102 | -€5,736 | €7,440 | €22,199 | ▲ 198% |
| + Depreciation and write-downs630 | €26,104 | €27,507 | €24,907 | €9,270 | €8,929 | €8,718 | ▼ 2.4% |
| Operating cash flow (approximation) | €27,193 | €31,032 | €30,009 | €3,534 | €16,369 | €30,917 | ▲ 88.9% |
| Investment in fixed assets (approximation) | - | -€13,035 | -€3,007 | €12,829 | €0 | €0 | ▼ 100% |
| Change in cash | - | -€4,637 | €1,497 | -€4,188 | -€3,516 | €422 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | full format | 30-01-2025 | 2025-00016742 | |
| 30-06-2023 | full format | 30-01-2024 | 2024-00023120 | |
| 30-06-2022 | full format | 29-01-2023 | 2023-00007945 | |
| 30-06-2021 | full format | 09-02-2022 | 2022-05200183 | |
| 30-06-2020 | full format | 01-02-2021 | 2021-03200160 | |
| 30-06-2019 | full format | 15-01-2020 | 2020-01500596 | |
| 30-06-2018 | full format | 15-01-2019 | 2019-01200307 | |
| 30-06-2017 | full format | 05-01-2018 | 2018-00200520 | |
| 30-06-2016 | full format | 18-01-2017 | 2017-01500158 | |
| 30-06-2015 | full format | 15-01-2016 | 2016-02200538 |