DVCARS
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 21-06-1989 · last publication under the heading End on 09-08-2023
- Activity
- “La société a pour objet l'exploitation d'un garage dans le sens le plus large…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Last known board
- Vincent DubusDirector · until 2023
Shareholders
- DVCARS100%· score 53act of 09-08-2023
Financial position
No score
Annual accounts 2007
- Turnover
- €103,738
- ▲ 9.2%
- Loss
- €30,636
- Equity
- €229,807
- ▼ 11.8%
- Total assets
- €510,873
- ▼ 1.8%
Financials
Financials · financial year 2007, full format
Annual accounts 2007 filed on 29-08-2008 PDF all 19 filings
Turnover
€103,738▲ 9.2%
2006 · €94,958
EBIT margin
-22.2%▼ 18.2pp
2006 · -4.0%
Net result
-€30,636
2006 · €4,811
Working capital
€71,519
2006 · -€141,084
Multi-year overview
2006 to 2007, 2 financial yearsTurnover
€103,738
▲ 9.2%
2007
20062007
Operating result
-€22,990
▼ 505%
2007
20062007
Net result
-€30,636
2007
20062007
EBIT margin
-22.2%
▼ 18.2pp
2007
20062007
Equity
€229,807
▼ 11.8%
2007
20062007
Total assets
€510,873
▼ 1.8%
2007
20062007
Debt
€281,066
▲ 8.3%
2007
20062007
Working capital
€71,519
2007
20062007
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20062007
Turnover€94,958-€103,738▲ 9.2%
Operating result-€3,803--€22,990▼ 505%
Net result€4,811--€30,636
EBIT margin-4.0%--22.2%▼ 18.2pp
Equity€260,444-€229,807▼ 11.8%
Total assets€520,020-€510,873▼ 1.8%
Debt€259,576-€281,066▲ 8.3%
Working capital-€141,084-€71,519
The operating result for 2007 is a loss of €22,990, larger than the loss of €3,803 in 2006.
Balance-sheet composition
2007 in colour, 2006 as the grey bar beneath
Assets €510,873
Fixed assets
€404,631 ▲ 0.8%
Current assets
€106,242 ▼ 10.3%
Equity and liabilities €510,873
Equity
€229,807 ▼ 11.8%
Debt
€281,066 ▲ 8.3%
Debt's share of the balance-sheet total rises from 49.9% to 55.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1,196▼
2006 · €4,241
Cash flow
-€6,450▼
2006 · €12,855
Current ratio
3.06▲
2006 · 0.46
Quick ratio
2.88▲
2006 · 0.32
Debt to equity
1.07
ROE
-13.3%▼
2006 · 1.8%
ROA
-6.0%▼
2006 · 0.9%
Debt ≤ 1 year
€34,723▼
2006 · €259,576
Debt > 1 year
€246,335
Customer credit
76 days▲
2006 · 32 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Turnover70 | €94,958 | €103,738 | ▲ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,044 | €24,186 | ▲ 201% |
| Gross operating margin9900 | €15,091 | €7,832 | ▼ 48.1% |
| Operating profit (loss)9901 | -€3,803 | -€22,990 | ▼ 505% |
| Recurring financial income75 | €1,429 | €577 | ▼ 59.6% |
| Recurring financial charges65 | €1,854 | €8,223 | ▲ 344% |
| Profit (loss) for the period before taxes9903 | €4,811 | -€30,636 | - |
| Profit (loss) for the period9904 | €4,811 | -€30,636 | - |
| Profit (loss) for the period to be appropriated9905 | €4,811 | -€30,636 | - |
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €520,020 | €510,873 | ▼ 1.8% |
| Formation expenses20 | - | €4,789 | - |
| Fixed assets21/28 | €401,528 | €404,631 | ▲ 0.8% |
| Tangible fixed assets22/27 | €401,528 | €399,842 | ▼ 0.4% |
| Current assets29/58 | €118,492 | €106,242 | ▼ 10.3% |
| Stocks and contracts in progress3 | €35,673 | €6,171 | ▼ 82.7% |
| Amounts receivable within one year40/41 | €8,248 | €21,560 | ▲ 161% |
| Cash at bank and in hand54/58 | €74,571 | €7,499 | ▼ 89.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €520,020 | €510,873 | ▼ 1.8% |
| Equity10/15 | €260,444 | €229,807 | ▼ 11.8% |
| Contributions10/11 | €18,592 | €18,600 | = |
| Profit (loss) carried forward14 | -€44,827 | -€75,463 | ▼ 68.3% |
| Amounts payable17/49 | €259,576 | €281,066 | ▲ 8.3% |
| Amounts payable after more than one year17 | - | €246,335 | - |
| Amounts payable within one year42/48 | €259,576 | €34,723 | ▼ 86.6% |
| Trade debts44 | €7,911 | €13,001 | ▲ 64.3% |
| Line | 2006 | 2007 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,811 | -€30,636 | - |
| + Depreciation and write-downs630 | €8,044 | €24,186 | ▲ 201% |
| Operating cash flow (approximation) | €12,855 | -€6,450 | - |
| Investment in fixed assets (approximation) | - | -€27,289 | - |
| Change in cash | - | -€67,072 | - |
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 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2007 | full format | 29-08-2008 | 2008-71500046 | |
| 31-12-2006 | full format | 30-08-2007 | 2007-70800292 | |
| 31-12-2005 | full format | 25-08-2006 | 2006-67600309 | |
| 31-12-2004 | full format | 28-09-2005 | 2005-73701751 | |
| 31-12-2003 | full format | 03-11-2004 | 2004-77501058 | |
| 31-12-2002 | full format | 31-07-2003 | 2003-58203606 | |
| 31-12-2001 | full format | 16-12-2002 | 2002-76801851 | |
| 31-12-2000 | full format | 07-12-2001 | 2001-74500197 | |
| 31-12-1999 | full format | 27-06-2000 | 2000-29204129 | |
| 31-12-1998 | full format | 09-07-1999 | 1999-32201295 |
Board & ownership
Directors
Directors
Last change in 2023
Owners and capital
Shareholders
1 ownerCapital transactions
Shareholders according to the deeds
Stated in the act
act of 09-08-2023 ↗
- DVCARS (BE 0889.414.675) all shares
Stated in the act
act of 15-06-2023 ↗
- SRL DVCARS (BE 0889.414.675) all shares
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Vincent Dubus |
|
Network & group
Acquisitions and mergers
1 transactionTaken over by:DVCARS
Connections & network
The network starts from the shareholders of DVCARS. Every company they also own or run is a node.
This company
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Shareholding
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Timeline
Acts, filings and financial milestones
2023
09-08
Gazette deed
Merger proposal: DVCARS takes over DVCARSShareholding · Accounting effect · Power of attorney10 points ▸
Gazette deed
Merger proposal: DVCARS takes over DVCARS
Shareholding · Accounting effect · Power of attorney10 points ▸
- General meeting, 19-07-2023
- Merger, “identique pour chaque société participant à la fusion, greffe du Tribunal de l'entreprise de Hainaut, division Tournai” (deed in French)
- Merger, “absorption, requièrent le notaire soussigné de constater” (deed in French)
- DVCARS holds all the shares
- Accounting effect, 01-01-2023
- Other provision, “avantages spécifiques aux administrateurs des sociétés qui fusionnent” (deed in French)
- Power of attorney
- Real estate, “apporté par fusion à la société absorbante, garage atelier sur et avec terrain” (deed in French)
- Share cancellation, “actions”, 750 (deed in French)
- Other provision, “suite à la fusion, fin de plein droit du mandat de liquidateur de la société absorbée” (deed in French)
15-06
Gazette deed
Merger proposal: to be absorbed by SRL DVCARSDissolution of the company · Resignation: Vincent Dubus (director) · Shareholding16 points ▸
Gazette deed
Merger proposal: to be absorbed by SRL DVCARS
Dissolution of the company · Resignation: Vincent Dubus (director) · Shareholding16 points ▸
- General meeting, 01-06-2023
- Dissolution, “unicité de l'associé, dissolution de plein droit” (deed in French)
- Director resignation, Vincent Dubus (director)
- Other provision, “liquidateur, nomination du liquidateur” (deed in French)
- Merger, 02-06-2023
- SRL DVCARS holds all the shares
- Other provision, “attribution d'actions nouvelles, article 12:57, 1º” (deed in French)
- Other provision, “frais et charges de la fusion, société absorbante” (deed in French)
- Accounting effect, 01-01-2023
- Other provision, “droits spéciaux et titres autres que actions” (deed in French)
- Other provision, “avantages particuliers aux membres des organes d'administration” (deed in French)
- Real estate, “bâtiment industriel à usage de garage et deux habitations” (deed in French)
- The act holds 4 more points.
2008
29-08
full format · 29 days late
2007
31-12
Financial
Liquidity more than 6 timescurrent ratio 3.06
The current ratio rises from 0.46 to 3.06. Short-term debt falls from €259,576 to €34,723.
30-08
full format · 30 days late
2006
25-08
full format · 25 days late
2005
28-09
full format · 59 days late
2004
03-11
full format · 95 days late
2003
31-07
full format · on the deadline day
2002
16-12
full format · 138 days late
2001
07-12
full format · 129 days late
2000
27-06
full format · 34 days before the deadline
1999
09-07
full format · 22 days before the deadline
1989
21-06
Gazette deed
Incorporation
14 publications in the Belgian Official Gazette, the last on 09-08-2023
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
DVCARS is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2007
- Last registered office
- Avenue De La Sideho 6, 7780 Comines-Warnetonas published on 9 August 2023
- Legal form
- General partnership
- First annual accounts
- financial year 1989
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La société a pour objet l'exploitation d'un garage dans le sens le plus large, à savoir l'achat, la vente, l'entretien, la réparation, la…”
4 activities
- La société a pour objet l'exploitation d'un garage dans le sens le plus large, à savoir l'achat, la vente, l'entretien, la réparation, la location de tout matériel roulant neuf ou d'occasion et ce tant à l'importation qu'à l'exportation, ainsi que la location d'entrepôts.
- Elle peut faire toutes les opérations mobilières ou immobilières, financières qui se rattachent directement ou indirectement, en tout ou en partie, à l'une ou l'autre branche de son objet ou qui seraient de nature à favoriser, faciliter ou développer son industrie ou son commerce.
- Elle peut participer par voie d'association, apport, souscription, fusion ou de toute autre manière dans toutes entreprises, sociétés, associations, professionnelles ou autres, groupements économiques, tant en Belgique qu'à l'étranger, pour autant que cette participation ai un rapport au moins indirect avec l'une des branches de son objet social.
- La société peut fournir des garanties réelles ou personnelles au profit de tiers, tant associés que gérants ou dirigeants ou d'autre tiers, personnes physiques ou morales, et accorder à ces mêmes personnes des prêts, avances et crédits, sous réserve toutefois de l'application de restrictions légales.
Articles of association, deed of 15-06-2023 (in French)