DB Dynamic

Active Private limited companyfounded 2019active for 7 yearsF. van de Ponseelelaan 19, 9470 DenderleeuwKBO/BCE: BE 0736.372.035

DB Dynamic

Follow Report Compare

Overview

Lifetime

6 annual accounts with figures on one time axis

Compare with

Gross marginpeak €122,010 (2024)

€89,718▼ 26.5%

Resultpeak €54,782 (2020)

€15,711▲ 45.3%

Equitypeak €95,594 (2022)

€28,688▲ 108%

Debts

€79,527▼ 18.7%

Board1 name since 2019

1 directorDe Block Steven

Documentsfilings and deeds

12-08-202612 days late

2025micro format

Gross margin from €122,010 to €89,718Result from €10,810 to €15,711Dividend €833Equity from €13,810 to €28,688Debts from €97,798 to €79,527

Key points

from the 2025 annual accounts

Equity

€28,688 from €95,594 in 2022

Equity fell by 70% in 3 years.

Debts

€79,527 73% of the balance sheet

Financial debts 0%Suppliers 11%Taxes and wages 33%Other 55%

Filings

6 annual accounts 3 late

The 2020 accounts came latest: 31 days after the end of the period.

Checked score

Healthy

Financially stronger than 65% of micro companies in construction of buildings (NACE 41)

Probability in this band: 0.55% to 1.5%

Bankruptcy probability within 12 months 0.8% Low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,462 companies (NACE 41, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.2%▼ -0.2 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.1 percentage points vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.1%▼ -0.1 percentage points vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.2 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value

Financial strength

Strong

Solvency

52+15equity 26.5% of total assets

Liquidity

60+8short-term debt 73.5% · cash 55.6%

Profitability

87+6return on assets 14.5%

Score breakdown

raises risk

Sector: Construction of residential and non-residential buildings (NACE 41)

Founded in 2019

Size: total assets €108,215

lowers risk

Liquidity: current ratio 1.01, cash €60,210

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 33% of them on solvency, 65% on liquidity, 71% on profitability and 89% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as DB Dynamic has now. Each dot stands for 17 companies, two years later.

95.8%

were still trading

2.2%

stopped another way

1.8%

went bankrupt

Micro
5 to 10 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DB Dynamic itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,713 companies, not a prediction for DB Dynamic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.01 (0.86 in 2024), below the usual 1.5. Short-term debt is 73.5% and cash 55.6% of total assets. 73.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.

lowers riskraises riskneutral

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Liquidity: current ratio 1.01, cash €60,210

NBB · annual accounts

Founded in 2019

Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.

KBO

Size: total assets €108,215

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €28,688

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 6 filings

Deviation from the deadline

2025

12 days late

2024

57 days early

2023

30 days early

2022

11 days early

2021

22 days late

2020

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 accounts filed within 33 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

06-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

De Block Steven

Director, since 11-10-2019

Board & ownership

Recent changes

13-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0736372035

14-10-2019

Incorporation published on 16-10-2019 · Gazette deed

14-10-2019

First establishment F. van de Ponseelelaan 19, Denderleeuw

All 10 events

Comparable companies

same main activity, similar in size and age

Company	Total assets	Gross margin	Solvency	Staff
DB Dynamic Denderleeuw	€108,215	€89,718	26.5%	-
Belhouse Atelier Aalter	€123,666	€91,400	42.7%	-
WIM BAUWENS Ghent	€126,246	€94,608	71.9%	-
BAM & Co Temse	€92,593	€78,066	71.5%	-
BPC Construct Temse	€90,666	€104,463	43.4%	1.3
S-LINK Destelbergen	€106,744	€103,244	-188.3%	3.7
DSC CONSTRUCTION Ronse	€100,811	€70,074	-1.3%	-

These companies have the same main activity as DB Dynamic: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €90,700 and €126,000, founded between 2019 and 2020.

Official details

Source: KBO

Status: Active since 14-10-2019Normal situation
Activity: General construction of residential buildingsNACE 41001and 1 other
Establishment unit: 2.294.692.2779470 Denderleeuw, since 14-10-2019
Financial year end: 31 December
Peppol: Reachable since 13-11-2025

Company details

Annual accounts 2025

Gross margin: €89,718▼ 26.5%
Turnover: ≈ €470,000estimated
Profit: €15,711▲ 45.3%
Equity: €28,688▲ 108%
Total assets: €108,215▼ 3.0%
Employeeson 31-12-2025: 1=
Filing: Filed on 12-08-2026

Financials

Insights on DB Dynamic

DB Dynamic files the micro format. That format states no turnover. The gross margin rose from €71,113 in 2020 to €89,718 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 12-08-2026, 12 days late

Gross margin

€89,718

▼ 26.5%

Operating result

€23,067

▲ 26.6%

Profit

€15,711

▲ 45.3%

Working capital

€408

▲ €13,733

Solvency

26.5%

▲ 14.1 percentage points

Current ratio

1.01

▲ 0.14

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €470,000. Estimated: probably between €330,000 and €810,000.

Balance sheet

balance sheet total €108,215 on 31-12-2025

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency26.5%

Higher than 33% of 9,431 companies in 2025.

Current ratio1.01

Higher than 22% of 9,179 companies in 2025.

Return on assets14.5%

Higher than 67% of 9,251 companies in 2025.

DB Dynamic Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Staff cost per FTE€60,821

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	108,215	111,608	133,490	149,408	128,084	104,134
Fixed assets`21/28`	28,280	27,414	31,536	20,342	23,310	25,055
Tangible fixed assets`22/27`	28,280	27,414	31,536	20,342	23,310	25,055
Furniture and vehicles`24`	-	-	-	-	318	720
Other tangible fixed assets`26`	28,280	27,414	31,536	20,342	22,991	24,334
Current assets`29/58`	79,935	84,194	101,954	129,066	104,774	79,079
Amounts receivable within one year`40/41`	15,633	20,816	10,135	22,240	10,469	12,952
Trade receivables`40`	15,563	20,816	9,684	18,495	10,151	12,920
Other amounts receivable`41`	70	-	451	3,745	318	32
Cash at bank and in hand`54/58`	60,210	59,914	88,499	102,914	92,622	64,889
Deferred charges and accrued income`490/1`	4,093	3,465	3,320	3,912	1,683	1,238
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	108,215	111,608	133,490	149,408	128,084	104,134
Equity`10/15`	28,688	13,810	3,000	95,594	77,830	57,782
Contributions`10/11`	3,000	3,000	3,000	3,000	3,000	3,000
Profit (loss) carried forward`14`	25,688	10,810	-	92,594	74,830	54,782
Amounts payable`17/49`	79,527	97,798	130,490	53,814	50,254	46,351
Amounts payable after more than one year`17`	-	-	2,610	7,754	12,801	17,751
Financial debts`170/4`	-	-	2,610	7,754	12,801	17,751
Amounts payable within one year`42/48`	79,527	97,519	127,323	45,781	37,453	28,322
Current portion of amounts payable after more than one year`42`	0	2,610	5,144	15,047	4,950	4,856
Financial debts`43`	202	35	28	56	126	135
Credit institutions`430/8`	202	35	28	56	126	135
Trade debts`44`	8,721	7,377	11,033	8,112	734	1,234
Suppliers`440/4`	8,721	7,377	11,033	8,112	734	1,234
Taxes, remuneration and social security`45`	26,591	32,332	32,428	22,312	26,070	18,581
Taxes`450/3`	18,019	24,054	24,261	15,192	26,070	18,581
Remuneration and social security`454/9`	8,573	8,278	8,167	7,120	-	-
Other amounts payable`47/48`	44,012	55,165	78,690	255	5,572	3,516
Accrued charges and deferred income`492/3`	0	279	557	279	-	279
Income statement
Gross operating margin`9900`	89,718	122,010	76,098	87,833	30,666	71,113
Remuneration, social security and pensions`62`	60,821	58,332	57,796	55,051	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	4,458	4,122	3,528	2,968	3,005	2,383
Other operating charges`640/8`	1,372	41,335	1,387	1,143	220	159
Operating profit (loss)`9901`	23,067	18,221	13,387	28,671	27,441	68,571
Financial income`75/76B`	0	0	-	0	0	0
Recurring financial income`75`	0	0	-	0	0	0
Financial charges`65/66B`	2,001	2,775	3,690	2,361	1,067	1,042
Recurring financial charges`65`	2,001	2,775	3,690	2,361	1,067	1,042
Profit (loss) for the period before taxes`9903`	21,066	15,447	9,697	26,309	26,375	67,529
Income taxes`67/77`	5,355	4,636	3,029	6,445	5,527	12,747
Profit (loss) for the period`9904`	15,711	10,810	6,669	19,864	20,848	54,782
Profit (loss) for the period to be appropriated`9905`	15,711	10,810	6,669	19,864	20,848	54,782
Appropriation of the result
Profit (loss) to be appropriated`9906`	26,521	10,810	99,263	94,694	75,630	54,782
Profit (loss) brought forward from the previous period`14P`	10,810	-	92,594	74,830	54,782	-
Profit to be distributed`694/7`	833	-	99,263	2,100	800	-
Return on contributions (dividend)`694`	833	-	99,263	2,100	800	-
Social balance sheet
Average staff (FTE)`9087`	1	1	1	1	-	-
Hours worked`1013`	1,656	1,736	-	1,719	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 12 days after the deadline. Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396492.

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	12-08-2026	2026-00396492	PDF
31-12-2024	micro format	04-06-2025	2025-00118178	PDF
31-12-2023	micro format	01-07-2024	2024-00199702	PDF
31-12-2022	micro format	20-07-2023	2023-00254436	PDF
31-12-2021	micro format	22-08-2022	2022-20332250	PDF
31-12-2020	micro format	31-08-2021	2021-65300470	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2025	2024	2023	2022	2021	2020
EBITDA	27,525	22,343	16,915	31,639	30,446	70,954
Cash flow	20,169	14,932	10,197	22,832	23,853	57,165
Investment in fixed assets (approximation)	5,324	0	14,723	0	1,260	26,442
Change in cash	296	-28,585	-14,415	10,292	27,733	-
Working capital	408	-13,325	-25,369	83,285	67,321	50,757
Solvency	26.5%	12.4%	2.2%	64.0%	60.8%	55.5%
Current ratio	1.01	0.86	0.80	2.82	2.80	2.79
Debt to equity	2.77	7.08	43.50	0.56	0.65	0.80
ROE	54.8%	78.3%	222.3%	20.8%	26.8%	94.8%
ROA	14.5%	9.7%	5.0%	13.3%	16.3%	52.6%
Interest coverage	13.75	8.05	4.58	13.40	28.54	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022
Employees at the balance-sheet date	1	1	1	1
full-time	1	1	1	1
part-time	0	-	-	-
in full-time equivalents	1	1	1	1
Average over the year, in full-time equivalents	1	1	-	1
On a permanent contract	1	1	1	1
Joined	-	-	-	1
Left	-	-	-	0

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€5,324	-	€14,723	-	€1,260
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€4,458	€4,122	€3,528	€2,968	€3,005

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DB Dynamic

The operating result for 2025 is 27% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 87.6% to 73.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director

De Block Steven

Director

since 11-10-2019

listed in the 2025 annual accounts, filed on 12-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

De Block Steven
Director

Board

Mandates as a list

De Block Steven
- Director, from 11-10-2019 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €3,000
Source: 2025 annual accounts

Network & group

No group

DB Dynamic has no parent and no holdings in its annual accounts. De Block Steven is the only director. DB Dynamic shares no director with another company.

Timeline

10 events since 2019

Filings

Financial

Establishments

2020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

12-08-2026

Annual accounts 2025 filed NBBmicro format · 12 days late

2025

13-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0736372035

04-06-2025

Annual accounts 2024 filed PDFmicro format · 57 days before the deadline

2024

01-07-2024

Annual accounts 2023 filed PDFmicro format · 30 days before the deadline

2023

31-12-2023

Weakest financial year net €6,669 ▼66.4% The net result drops to €6,669, the lowest from 2020 to 2025. It recovers the following year.

20-07-2023

Annual accounts 2022 filed PDFmicro format · 11 days before the deadline

2022

22-08-2022

Annual accounts 2021 filed PDFmicro format · 22 days late

2021

31-08-2021

Annual accounts 2020 filed PDFmicro format · 31 days late

2019

14-10-2019

Incorporation PDFpublished on 16-10-2019

14-10-2019

First establishment F. van de Ponseelelaan 19, Denderleeuw

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 14 October 2019, DB Dynamic was incorporated as a private limited company.¹ Total assets went from €104,134 in 2020 to €108,215 in 2025 and headcount from 1 full-time equivalents in 2022 to 1 in 2025.²

Company details

Identity

Enterprise number: 0736.372.035
VAT number: BE 0736.372.035
Peppol ID: 0208:0736372035
Other Peppol ID: 9925:BE0736372035
Legal form: Private limited company
Status: Active, normal situation
Founded: 14-10-2019
Financial year: ends on 31 December
Peppol: Reachable since 13-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: DB Dynamic in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

VAT activities

41001 General construction of residential buildings main activity

Social security (RSZ) activities

74999 Other professional, scientific and technical activities main activity

Codes under NACEBEL 2008

VAT activities

41201 General construction of buildings main activity

Social security (RSZ) activities

74909 Other professional, scientific and technical activities main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
F. van de Ponseelelaan 19 registered office 9470 Denderleeuw	14-10-2019	2.294.692.277

Buildings and parcels at the address

Ground area: 332 m²
Buildings: 87 m²
Volume, LiDAR: 489 m³
Tallest building: 8.4 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
41011A0644/02C007	332 m²	1 · 87 m²	8.4 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0736.372.035

Overview

Lifetime

Key points

Equity

Debts

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on DB Dynamic

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency26.5%

Current ratio1.01

Return on assets14.5%

Staff

Staff cost per FTE€60,821

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on DB Dynamic

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment