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DinoByte

Active
Private limited companyfounded 20232 yrs activeGraaf Gwijde van Namenstr.(Kor) 39, 8500 Kortrijk, BelgiumKBO/BCE: BE 1002.363.158
Summary

DinoByte has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,687 and a net result of €50,687. Its solvency ranks better than 45% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency83
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.27; short-term debt: 41.3% and cash: 70% of total assets), and 41.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

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

History

DinoByte was incorporated on 17 November 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€52,687
Total assets
€90,141
Net result
€50,687
Working capital
€47,415

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €89,300
Fixed assets €4,681
Current assets €84,620
Equity and liabilities €90,141
Equity €52,687
Debt €37,455
Debt finances 41.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€67,910
Cash flow
€52,224
Current ratio
2.27
Debt to equity
0.71
ROE
96.2%
ROA
56.2%
Interest coverage
644.49
Debt ≤ 1 year
€37,205
Income taxes
€15,628

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€90,141
Formation expenses20€841
Fixed assets21/28€4,681
Tangible fixed assets22/27€4,431
Furniture and vehicles24€4,431
Financial fixed assets28€250
Current assets29/58€84,620
Amounts receivable within one year40/41€21,558
Trade receivables40€21,328
Other amounts receivable41€231
Cash at bank and in hand54/58€63,062
Equity and liabilities
Total equity and liabilities10/49€90,141
Equity10/15€52,687
Contributions10/11€2,000
Reserves13€50,687
Distributable reserves133€50,687
Amounts payable17/49€37,455
Amounts payable within one year42/48€37,205
Trade debts44€4,292
Suppliers440/4€4,292
Taxes, remuneration and social security45€31,532
Taxes450/3€31,532
Other amounts payable47/48€1,380
Accrued charges and deferred income492/3€250
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,537
Other operating charges640/8€691
Gross operating margin9900€68,600
Operating profit (loss)9901€66,372
Financial income75/76B€48
Recurring financial income75€48
Financial charges65/66B€105
Recurring financial charges65€105
Profit (loss) for the period before taxes9903€66,315
Income taxes67/77€15,628
Profit (loss) for the period9904€50,687
Profit (loss) for the period to be appropriated9905€50,687
Appropriation of the result
Profit (loss) to be appropriated9906€50,687
Transfer to equity691/2€50,687
To other reserves6921€50,687

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,537
Other operating charges640/8€691
Gross operating margin9900€68,600
Operating profit (loss)9901€66,372
Financial income75/76B€48
Recurring financial income75€48
Financial charges65/66B€105
Recurring financial charges65€105
Profit (loss) for the period before taxes9903€66,315
Income taxes67/77€15,628
Profit (loss) for the period9904€50,687
Profit (loss) for the period to be appropriated9905€50,687
Line2024
Assets
Total assets20/58€90,141
Formation expenses20€841
Fixed assets21/28€4,681
Tangible fixed assets22/27€4,431
Furniture and vehicles24€4,431
Financial fixed assets28€250
Current assets29/58€84,620
Amounts receivable within one year40/41€21,558
Trade receivables40€21,328
Other amounts receivable41€231
Cash at bank and in hand54/58€63,062
Equity and liabilities
Total equity and liabilities10/49€90,141
Equity10/15€52,687
Contributions10/11€2,000
Reserves13€50,687
Distributable reserves133€50,687
Amounts payable17/49€37,455
Amounts payable within one year42/48€37,205
Trade debts44€4,292
Suppliers440/4€4,292
Taxes, remuneration and social security45€31,532
Taxes450/3€31,532
Other amounts payable47/48€1,380
Accrued charges and deferred income492/3€250
Line2024
Profit (loss) for the period9904€50,687
+ Depreciation and write-downs630€1,537
Operating cash flow (approximation)€52,224

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Kortrijk · 1 establishment unit since 2023
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Graaf Gwijde van Namenstr.(Kor) 398500 Kortrijk
1 establishment unit
DinoByte
Graaf Gwijde van Namenstr.(Kor) 39, 8500 KortrijkRetail trade
since 20232.352.006.312

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,828 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002363158
Also 9925:BE1002363158
Registered 11-01-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.