DIVERSCO
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 · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 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 14-06-2021, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
47 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€1.13M▼ 93.2%
2019 · €16.68M
2018: €18.19Mhighest in 3 years
2019: €16.68M▼ -8.3% vs 2018
2020: €1.13M▼ -93.2% vs 2019lowest in 3 years
2018 → 2020
EBIT margin
511.6%▲ 526.1pp
2019 · -14.4%
2018: -11.5%
2019: -14.4%▼ -25.6% vs 2018lowest in 3 years
2020: 511.6%▲ +3647% vs 2019highest in 3 years
2018 → 2020
Net result
€5.64M
2019 · €-2.41M
2018: €-2.26M
2019: €-2.41M▼ -6.4% vs 2018lowest in 3 years
2020: €5.64M▲ +334% vs 2019highest in 3 years
2018 → 2020
Working capital
€879k
2019 · €-14.95M
2018: €-11.22M
2019: €-14.95M▼ -33.3% vs 2018lowest in 3 years
2020: €879k▲ +106% vs 2019highest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€18.19M-€16.68M▼ 8.3%€1.13M▼ 93.2%
2018: €18.19Mhighest in 3 years
2019: €16.68M▼ -8.3% vs 2018
2020: €1.13M▼ -93.2% vs 2019lowest in 3 years
Equity€-2.21M-€-4.67M▼ 111%€779k
2018: €-2.21M
2019: €-4.67M▼ -111% vs 2018lowest in 3 years
2020: €779k▲ +117% vs 2019highest in 3 years
Operating result€-2.09M-€-2.41M▼ 15.2%€5.80M
2018: €-2.09M
2019: €-2.41M▼ -15.2% vs 2018lowest in 3 years
2020: €5.80M▲ +341% vs 2019highest in 3 years
Net result€-2.26M-€-2.41M▼ 6.4%€5.64M
2018: €-2.26M
2019: €-2.41M▼ -6.4% vs 2018lowest in 3 years
2020: €5.64M▲ +334% vs 2019highest in 3 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €5.80M after a loss of €2.41M in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €955k
Fixed assets
€185 ▼ 100.0%
Current assets
€955k ▼ 81.3%
Equity and liabilities €955k
Equity
€779k
Provisions
€100k
Debt
€76k
Debt finances 8.0% of the balance-sheet total.
Key figures and ratios
Current ratio
12.55▲
2019 · 0.25
ROE
723.9%
ROA
590.5%▲
2019 · -15.4%
Debt ≤ 1 year
€76k▼
2019 · €20.06M
Income taxes
€348k▲
2019 · €578
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 28 lines
Balance sheet
Code20192020
Assets
Total assets20/58€15.58M€955k▼
Fixed assets21/28€10.47M€185▼
Intangible fixed assets21€305k-
Tangible fixed assets22/27€10.16M-
Financial fixed assets28€2k€185▼
Current assets29/58€5.11M€955k▼
Stocks and contracts in progress3€698k-
Amounts receivable within one year40/41€4.08M€416k▼
Cash at bank and in hand54/58€334k€539k▲
Equity and liabilities
Total equity and liabilities10/49€15.58M€955k▼
Equity10/15€-4.67M€779k▲
Contributions10/11€62k€62k=
Reserves13€27k€717k▲
Profit (loss) carried forward14€-4.95M€-3.33M▲
Provisions and deferred taxes16-€100k
Amounts payable17/49€20.24M€76k▼
Amounts payable within one year42/48€20.06M€76k▼
Trade debts44€2.48M€19k▼
Income statement
Code20192020
Turnover70€16.68M€1.13M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.83M-
Operating profit (loss)9901€-2.41M€5.80M▲
Recurring financial income75€49k€196k▲
Recurring financial charges65€318k€2k▼
Debt charges650€230k€179▼
Profit (loss) for the period before taxes9903€-2.68M€5.99M▲
Income taxes67/77€578€348k▲
Profit (loss) for the period9904€-2.41M€5.64M▲
Profit (loss) for the period to be appropriated9905€-1.62M€5.66M▲
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €18.19M | €16.68M | €1.13M | ▼ 93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3.15M | €2.83M | - | - |
| Operating profit (loss)9901 | €-2.09M | €-2.41M | €5.80M | ▲ 341% |
| Recurring financial income75 | €48k | €49k | €196k | ▲ 296% |
| Recurring financial charges65 | €273k | €318k | €2k | ▼ 99.3% |
| Debt charges650 | €261k | €230k | €179 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €-2.31M | €-2.68M | €5.99M | ▲ 324% |
| Income taxes67/77 | €562 | €578 | €348k | ▲ 60,040% |
| Profit (loss) for the period9904 | €-2.26M | €-2.41M | €5.64M | ▲ 334% |
| Profit (loss) for the period to be appropriated9905 | €-2.27M | €-1.62M | €5.66M | ▲ 449% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €15.65M | €15.58M | €955k | ▼ 93.9% |
| Fixed assets21/28 | €12.20M | €10.47M | €185 | ▼ 100.0% |
| Intangible fixed assets21 | €553k | €305k | - | - |
| Tangible fixed assets22/27 | €11.63M | €10.16M | - | - |
| Financial fixed assets28 | €17k | €2k | €185 | ▼ 90.1% |
| Current assets29/58 | €3.45M | €5.11M | €955k | ▼ 81.3% |
| Stocks and contracts in progress3 | €689k | €698k | - | - |
| Amounts receivable within one year40/41 | €2.52M | €4.08M | €416k | ▼ 89.8% |
| Cash at bank and in hand54/58 | €168k | €334k | €539k | ▲ 61.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €15.65M | €15.58M | €955k | ▼ 93.9% |
| Equity10/15 | €-2.21M | €-4.67M | €779k | ▲ 117% |
| Contributions10/11 | €62k | €62k | €62k | = |
| Reserves13 | €812k | €27k | €717k | ▲ 2,579% |
| Profit (loss) carried forward14 | €-3.33M | €-4.95M | €-3.33M | ▲ 32.7% |
| Provisions and deferred taxes16 | €270k | - | €100k | - |
| Amounts payable17/49 | €17.59M | €20.24M | €76k | ▼ 99.6% |
| Amounts payable after more than one year17 | €2.81M | - | - | - |
| Amounts payable within one year42/48 | €14.67M | €20.06M | €76k | ▼ 99.6% |
| Trade debts44 | €3.21M | €2.48M | €19k | ▼ 99.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2.26M | €-2.41M | €5.64M | ▲ 334% |
| + Depreciation and write-downs630 | €3.15M | €2.83M | - | - |
| Operating cash flow (approximation) | €890k | €425k | €5.64M | ▲ 1,229% |
| Investment in fixed assets (approximation) | - | €-1.10M | €10.47M | ▲ 1,052% |
| Change in cash | - | €165k | €205k | ▲ 24.0% |
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
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €5.64M
Net result €5.64M after 2 loss-making years.
31-12
Financial
Liquidity times 49current ratio 12.55
Current ratio from 0.25 to 12.55; short-term debt falls from €20.06M to €76k.
31-12
Financial
Equity above €500kEq €779k
Equity rises from €-4.67M to €779k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-2.41M
Net result drops to €-2.41M, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
20-05
State Gazette act
General meeting · Registered-office move
Corporate purpose · Director appointment
Show earlier events
20-05
State Gazette act
General meeting · Registered-office move
Corporate purpose · Director appointment
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
01-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 21 acts read
About the unread acts
We know of 21 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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Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Erpe-Mere · LEI lapsed
controls
DIVERSCOBE 0423.813.091
Recognitions · licences · registrations
Dual-learning approval
3 endedBanketbakker (so)
Brood- en banketbakker (so)
Broodbakker (so)
Legal Entity Identifier
549300LC1I6N1C4G9F02