DINAMO
BankruptcySummary
The KBO register records for DINAMO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €1.57M and a net result of €13k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
31 d late
2021
31 d late
2020
87 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€59k
EBIT margin
501.5%
Net result
€13k▲ 8.7%
2022 · €12k
2018: €193k
2019: €201k▲ +4.4% vs 2018highest in 6 years
2020: €115k▼ -42.8% vs 2019
2021: €25k▼ -78.7% vs 2020
2022: €12k▼ -50.7% vs 2021lowest in 6 years
2023: €13k▲ +8.7% vs 2022
2018 → 2023
Working capital
€1.54M▲ 1.9%
2022 · €1.51M
2018: €1.18Mlowest in 6 years
2019: €1.69M▲ +43.3% vs 2018highest in 6 years
2020: €1.44M▼ -14.3% vs 2019
2021: €1.49M▲ +2.9% vs 2020
2022: €1.51M▲ +1.9% vs 2021
2023: €1.54M▲ +1.9% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€1.59M-€1.52M▼ 4.5%€1.54M▲ 1.6%€1.55M▲ 0.8%€1.57M▲ 0.8%
2019: €1.59Mhighest in 5 years
2020: €1.52M▼ -4.5% vs 2019lowest in 5 years
2021: €1.54M▲ +1.6% vs 2020
2022: €1.55M▲ +0.8% vs 2021
2023: €1.57M▲ +0.8% vs 2022
Operating result€182k-€147k▼ 19.3%€-20k€-21k▼ 5.4%€-16k▲ 25.0%
2019: €182khighest in 5 years
2020: €147k▼ -19.3% vs 2019
2021: €-20k▼ -114% vs 2020
2022: €-21k▼ -5.4% vs 2021lowest in 5 years
2023: €-16k▲ +25.0% vs 2022
Net result€201k-€115k▼ 42.8%€25k▼ 78.7%€12k▼ 50.7%€13k▲ 8.7%
2019: €201khighest in 5 years
2020: €115k▼ -42.8% vs 2019
2021: €25k▼ -78.7% vs 2020
2022: €12k▼ -50.7% vs 2021lowest in 5 years
2023: €13k▲ +8.7% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2023 against €21k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.58M
Fixed assets
€23k ▼ 40.3%
Current assets
€1.55M ▲ 0.3%
Equity and liabilities €1.58M
Equity
€1.57M ▲ 0.8%
Debt
€9k ▼ 73.4%
Debt's share of the balance-sheet total falls from 2.2% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-1▲
2022 · €-4k
Cash flow
€29k▲
2022 · €29k
Debt to equity
0.01▼
2022 · 0.02
ROE
0.8%▲
2022 · 0.8%
ROA
0.8%▲
2022 · 0.8%
Interest coverage
0.00▲
2022 · -31.44
Debt ≤ 1 year
€9k▼
2022 · €34k
Income taxes
€9k▲
2022 · €9k
A ratio outside any meaningful range has been withheld (balance sheet total €1.58M, equity €1.57M).
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 · 2023 against 2022 · 42 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.59M€1.58M▼
Fixed assets21/28€39k€23k▼
Tangible fixed assets22/27€39k€23k▼
Furniture and vehicles24€39k€23k▼
Current assets29/58€1.55M€1.55M▲
Amounts receivable after more than one year29€1.27M€1.27M=
Other amounts receivable291€1.27M€1.27M=
Amounts receivable within one year40/41€236k€245k▲
Other amounts receivable41€236k€245k▲
Cash at bank and in hand54/58€2k€414▼
Deferred charges and accrued income490/1€42k€38k▼
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.58M▼
Equity10/15€1.55M€1.57M▲
Contributions10/11€20k€20k=
Reserves13€1.49M€1.50M▲
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€1.46M€1.47M▲
Profit (loss) carried forward14€48k€48k=
Amounts payable17/49€34k€9k▼
Amounts payable within one year42/48€34k€9k▼
Trade debts44€7k€50▼
Suppliers440/4€7k€50▼
Taxes, remuneration and social security45€27k€9k▼
Taxes450/3€27k€9k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-3k€3k▲
Operating profit (loss)9901€-21k€-16k▲
Financial income75/76B€42k€38k▼
Recurring financial income75€42k€38k▼
Financial charges65/66B€143€237▲
Recurring financial charges65€143€237▲
Profit (loss) for the period before taxes9903€21k€22k▲
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€12k€13k▲
Profit (loss) for the period to be appropriated9905€12k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€61k▲
Profit (loss) brought forward from the previous period14P€48k€48k=
Transfer to equity691/2€12k€13k▲
To other reserves6921€12k€13k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €10k | €17k | €17k | €16k | ▼ 4.7% |
| Other operating charges640/8 | - | - | €2k | €2k | €3k | ▲ 65.5% |
| Gross operating margin9900 | €292k | €193k | €-197 | €-3k | €3k | ▲ 187% |
| Operating profit (loss)9901 | €182k | €147k | €-20k | €-21k | €-16k | ▲ 25.0% |
| Financial income75/76B | - | - | €61k | €42k | €38k | ▼ 8.8% |
| Recurring financial income75 | €76k | €108k | €61k | €42k | €38k | ▼ 8.8% |
| Financial charges65/66B | - | - | €218 | €143 | €237 | ▲ 65.7% |
| Recurring financial charges65 | €934 | €7k | €218 | €143 | €237 | ▲ 65.7% |
| Profit (loss) for the period before taxes9903 | €272k | €249k | €41k | €21k | €22k | ▲ 7.3% |
| Income taxes67/77 | €75k | €558k | €17k | €9k | €9k | ▲ 5.2% |
| Profit (loss) for the period9904 | €201k | €115k | €25k | €12k | €13k | ▲ 8.7% |
| Profit (loss) for the period to be appropriated9905 | €162k | €1.11M | €25k | €12k | €13k | ▲ 8.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.12M | €2.16M | €2.12M | €1.59M | €1.58M | ▼ 0.8% |
| Fixed assets21/28 | €328k | €73k | €56k | €39k | €23k | ▼ 40.3% |
| Tangible fixed assets22/27 | €328k | €73k | €56k | €39k | €23k | ▼ 40.3% |
| Furniture and vehicles24 | - | - | €56k | €39k | €23k | ▼ 40.3% |
| Financial fixed assets28 | €149 | €149 | - | - | - | - |
| Current assets29/58 | €1.79M | €2.09M | €2.07M | €1.55M | €1.55M | ▲ 0.3% |
| Amounts receivable after more than one year29 | - | - | €1.27M | €1.27M | €1.27M | = |
| Other amounts receivable291 | - | - | €1.27M | €1.27M | €1.27M | = |
| Amounts receivable within one year40/41 | €906k | €1.22M | €238k | €236k | €245k | ▲ 4.0% |
| Other amounts receivable41 | - | - | €238k | €236k | €245k | ▲ 4.0% |
| Cash at bank and in hand54/58 | €809k | €597k | €496k | €2k | €414 | ▼ 81.5% |
| Deferred charges and accrued income490/1 | - | - | €62k | €42k | €38k | ▼ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.12M | €2.16M | €2.12M | €1.59M | €1.58M | ▼ 0.8% |
| Equity10/15 | €1.59M | €1.52M | €1.54M | €1.55M | €1.57M | ▲ 0.8% |
| Contributions10/11 | €20k | - | €20k | €20k | €20k | = |
| Reserves13 | €1.33M | €1.45M | €1.47M | €1.49M | €1.50M | ▲ 0.9% |
| Non-distributable reserves130/1 | - | - | €12k | €12k | €12k | = |
| Reserves not available under the articles1311 | - | - | €12k | €12k | €12k | = |
| Tax-exempt reserves132 | - | - | €19k | €19k | €19k | = |
| Distributable reserves133 | - | - | €1.44M | €1.46M | €1.47M | ▲ 0.9% |
| Profit (loss) carried forward14 | €48k | €48k | €48k | €48k | €48k | = |
| Provisions and deferred taxes16 | €424k | - | - | - | - | - |
| Amounts payable17/49 | €105k | €647k | €580k | €34k | €9k | ▼ 73.4% |
| Amounts payable within one year42/48 | €105k | €647k | €580k | €34k | €9k | ▼ 73.4% |
| Trade debts44 | €27k | €7k | €3k | €7k | €50 | ▼ 99.3% |
| Suppliers440/4 | - | - | €3k | €7k | €50 | ▼ 99.3% |
| Taxes, remuneration and social security45 | - | - | €577k | €27k | €9k | ▼ 67.0% |
| Taxes450/3 | - | - | €577k | €27k | €9k | ▼ 67.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €201k | €115k | €25k | €12k | €13k | ▲ 8.7% |
| + Depreciation and write-downs630 | €40k | €10k | €17k | €17k | €16k | ▼ 4.7% |
| Operating cash flow (approximation) | €241k | €125k | €42k | €29k | €29k | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | €244k | €149 | €0 | €0 | - |
| Change in cash | - | €-212k | €-100k | €-494k | €-2k | ▲ 99.6% |
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 170.35
Current ratio from 45.23 to 170.35; short-term debt falls from €34k to €9k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €12k ▼50.7%
Net result drops to €12k, the lowest in the series.
31-12
Financial
Liquidity times 13current ratio 45.23
Current ratio from 3.56 to 45.23; short-term debt falls from €580k to €34k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €201k ▲4.4%
Net result €201k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
06-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 1991
Ground area
8,712 m²
Building footprint
442 m²
Volume, LiDAR
3,050 m³
2 parcels, Wallonia · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue de l'Observatoire 128, 4000 Liège
since 19912.052.125.565
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012D0051/00F000 | Wallonia | 8,414 m² | 1 · 270 m² | 11.5 m · 2 fl. |
| 62804C0445/00K000 | Wallonia | 298 m² | 1 · 172 m² | 16.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded01-02-1991
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.