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DCINEX BETA

Inactive
KBO/BCE: BE 0806.913.997

Inactive; last annual accounts for fiscal year 2013.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 23-05-2014, 69 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2013
69 d early
2012
64 d early
2011
60 d early
2010
66 d early
2009
64 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2013, full schema

Turnover
€12.51M▲ 29.5%
2012 · €9.66M
2009: €1.62M 2010: €4.37M 2011: €6.87M 2012: €9.66M
2009 → 2013
EBIT margin
23.0%▼ 5.8pp
2012 · 28.8%
2009: -0.8% 2010: 28.2% 2011: 34.9% 2012: 28.8%
2009 → 2013
Net result
€773k▼ 13.8%
2012 · €896k
2009: €-262k 2010: €406k 2011: €670k 2012: €896k
2009 → 2013
Working capital
€4.28M▲ 166%
2012 · €1.61M
2009: €-976k 2010: €-460k 2011: €-465k 2012: €1.61M
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20092010201120122013Trend
Turnover€1.62M-€4.37M▲ 170%€6.87M▲ 57.0%€9.66M▲ 40.7%€12.51M▲ 29.5%
Equity€-162k-€93k€514k▲ 450%€1.16M▲ 126%€1.74M▲ 50.2%
Operating result€-13k-€1.23M€2.40M▲ 94.4%€2.78M▲ 16.0%€2.87M▲ 3.2%
Net result€-262k-€406k€670k▲ 65.2%€896k▲ 33.7%€773k▼ 13.8%
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00M€3.00MOperating result 2009: €-13k€-13kNet result 2009: €-262k€-262kOperating result 2010: €1.23M€1.23MNet result 2010: €406k€406kOperating result 2011: €2.40M€2.40MNet result 2011: €670k€670kOperating result 2012: €2.78M€2.78MNet result 2012: €896k€896kOperating result 2013: €2.87M€2.87MNet result 2013: €773k€773k20092010201120122013€0€1M€2M€3MOperating result 2011: €2.40M€2.4MNet result 2011: €670k€670kOperating result 2012: €2.78M€2.8MNet result 2012: €896k€896kOperating result 2013: €2.87M€2.9MNet result 2013: €773k€773k201120122013
The operating result has risen four years in a row; 2013 is 3% above 2012 and is the highest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €42.29M
Fixed assets €29.22M ▼ 3.5%
Current assets €13.07M ▲ 40.6%
Equity and liabilities €42.29M
Equity €1.74M ▲ 50.2%
Provisions €50k ▼ 67.7%
Debt €40.50M ▲ 5.8%
Debt's share of the balance-sheet total falls from 96.7% to 95.8%. Equity and debt are higher.
Key figures and ratios
2013 value · change against 2012
EBITDA
€9.98M
2012 · €7.44M
Cash flow
€7.88M
2012 · €5.55M
Current ratio
1.49
2012 · 1.21
Quick ratio
1.45
2012 · 1.21
Debt to equity
14.91
2012 · 22.33
ROE
44.3%
2012 · 77.3%
ROA
1.8%
2012 · 2.3%
Interest coverage
5.91
2012 · 4.66
Debt ≤ 1 year
€8.79M
2012 · €7.68M
Debt > 1 year
€25.98M
2012 · €25.90M
Income taxes
€199k
2012 · €287k
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 · 2013 against 2012 · 28 lines
Balance sheet Code20122013
Assets
Total assets20/58€39.57M€42.29M
Fixed assets21/28€30.28M€29.22M
Tangible fixed assets22/27€30.28M€29.22M
Current assets29/58€9.29M€13.07M
Stocks and contracts in progress3€3k€365k
Amounts receivable within one year40/41€6.96M€8.80M
Current investments50/53-€20k
Cash at bank and in hand54/58€1.93M€2.93M
Equity and liabilities
Total equity and liabilities10/49€39.57M€42.29M
Equity10/15€1.16M€1.74M
Contributions10/11€100k€100k=
Reserves13€10k€250k
Profit (loss) carried forward14€1.05M€1.39M
Provisions and deferred taxes16€155k€50k
Amounts payable17/49€38.26M€40.50M
Amounts payable after more than one year17€25.90M€25.98M
Amounts payable within one year42/48€7.68M€8.79M
Trade debts44€1.51M€2.07M
Income statement Code20122013
Turnover70€9.66M€12.51M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.66M€7.11M
Operating profit (loss)9901€2.78M€2.87M
Recurring financial income75-€28k
Recurring financial charges65€1.60M€1.93M
Debt charges650€1.60M€1.69M
Profit (loss) for the period before taxes9903€1.18M€972k
Income taxes67/77€287k€199k
Profit (loss) for the period9904€896k€773k
Profit (loss) for the period to be appropriated9905€896k€533k

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Timeline · acts, filings and financial milestones

2014
11-08
State Gazette act General meeting · Merger
Dissolution · Accounting effect
26-05
State Gazette act Board meeting · Merger
Accounting effect · Power of attorney
23-05
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
28-05
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial Highest result since 2009net €896k ▲33.7%
Net result €896k, the highest in the series.
31-12
Financial Equity above €1MEq €1.16M ▲126%
3 profitable years in a row build equity to €1.16M.
01-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial Equity above €500kEq €514k ▲450%
2 profitable years in a row build equity to €514k.
26-05
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial Back to profitnet €406k
Net result €406k after one loss-making year.
28-05
NBB filing Annual accounts filed
fiscal year 2009 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:dcinex
BE 0865.818.337merger by absorption · State Gazette act of 11-08-2014 (2 acts)

Recognitions · licences · registrations

Legal Entity Identifier

549300ZU3DE88TQGGV36
no longer live in the LEI register