DYNABO
ActiveDYNABO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €566k and a net result of €-13k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
70
/ 100
Healthy▼ -24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-38
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 7.66 against 2.85 in 2023), and 16.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.1%
Return on assets
-1.9%
Age of the figures
20 mo
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
30 d early
2022
59 d early
2021
27 d early
2020
30 d late
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€566k▼ 4.1%
2023 · €590k
2018: €506k
2019: €574k
2020: €532k
2021: €547k
2022: €571k
2023: €590k
2018 → 2024
Total assets
€682k▼ 10.1%
2023 · €758k
2018: €1.63M
2019: €1.61M
2020: €1.07M
2021: €894k
2022: €764k
2023: €758k
2018 → 2024
Net result
€-13k
2023 · €45k
2018: €12k
2019: €78k
2020: €-42k
2021: €31k
2022: €23k
2023: €45k
2018 → 2024
Working capital
€118k▼ 8.7%
2023 · €129k
2018: €167k
2019: €180k
2020: €-40k
2021: €-81k
2022: €105k
2023: €129k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€532k-€547k▲ 2.9%€571k▲ 4.3%€590k▲ 3.5%€566k▼ 4.1%
Operating result€-56k-€-21k▲ 62.9%€56k€35k▼ 37.2%€-11k
Net result€-42k-€31k€23k▼ 23.6%€45k▲ 91.3%€-13k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €35k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €682k
Fixed assets
€546k▼ 2.3%
Current assets
€136k▼ 31.8%
Equity and liabilities €682k
Equity
€566k▼ 4.1%
Provisions
€98k=
Debt
€18k▼ 74.7%
The debt ratio falls from 9.2% to 2.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€3k▼
2023 · €49k
Cash flow
€1k▼
2023 · €59k
Solvency
83.1%▲
2023 · 77.9%
Current ratio
7.66▲
2023 · 2.85
Quick ratio
7.66▲
2023 · 2.85
Debt / equity
0.03▼
2023 · 0.12
ROE
-2.3%▼
2023 · 7.6%
ROA
-1.9%▼
2023 · 5.9%
Interest coverage
4.32▼
2023 · 80.16
Debt
€18k▼
2023 · €70k
Debt ≤ 1 year
€18k▼
2023 · €70k
Income taxes
€12k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€758k€682k▼
Fixed assets21/28€559k€546k▼
Tangible fixed assets22/27€311k€298k▼
Land and buildings22€290k€278k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€19k€18k▼
Other tangible fixed assets26€1k€703▼
Financial fixed assets28€247k€247k=
Current assets29/58€199k€136k▼
Amounts receivable within one year40/41€9k€10k▲
Other amounts receivable41€9k€10k▲
Current investments50/53€72k€72k=
Cash at bank and in hand54/58€118k€53k▼
Deferred charges and accrued income490/1-€347
Equity and liabilities
Total equity and liabilities10/49€758k€682k▼
Equity10/15€590k€566k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€528k€504k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€522k€498k▼
Provisions and deferred taxes16€98k€98k=
Provisions for liabilities and charges160/5€98k€98k=
Pensions and similar obligations160€98k€98k=
Amounts payable17/49€70k€18k▼
Amounts payable within one year42/48€70k€18k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€61k€14k▼
Taxes450/3€61k€14k▼
Other amounts payable47/48€801€801=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€354
Gross operating margin9900€50k€7k▼
Operating profit (loss)9901€35k€-11k▼
Financial income75/76B€25k€10k▼
Recurring financial income75€15k€10k▼
Non-recurring financial income76B€9k-
Financial charges65/66B€614€712▲
Recurring financial charges65€614€712▲
Profit (loss) for the period before taxes9903€59k€-2k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€45k€-13k▼
Profit (loss) for the period to be appropriated9905€45k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€-13k▼
Transfer from equity791/2€25k€24k▼
Transfer to equity691/2€45k-
To other reserves6921€45k-
Profit to be distributed694/7€25k€11k▼
Return on contributions (dividend)694€25k€11k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 7.66
Current ratio from 2.85 to 7.66; short-term debt falls from €70k to €18k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 10current ratio 2.09
Current ratio from 0.21 to 2.09; short-term debt falls from €103k to €96k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-42k ▼154%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €78k ▲551%
Operating result €114k, net result €78k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
De Besloten Vennootschap Cobouw
CurrentSole director · since 09-05-2023 · Legal entity · perm. rep.: Van Grasdorff Johan
09-05-2023
Appointed as Sole director
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2002
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.
Avelgemstraat(Z) 428550 ZwevegemGround area
485 m²
Building footprint
115 m²
Volume, LiDAR
906 m³
Parcel 34042D0332/00D000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avelgemstraat(Z) 42, 8550 Zwevegem
since 20022.092.200.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042D0332/00D000 | Flanders | 485 m² | 1 · 115 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ORBIT ENERGY
BE 0475.369.779
Etterbeek · Eq €564k
BOUWGROEP NITO
BE 0821.072.237
Nieuwpoort · Eq €570k
ORPHEUS
BE 0448.021.719
Willebroek · Eq €572k
Algemene Bouwonderneming Van Hekken
BE 0403.749.434
Antwerpen · Eq €573k
Agriconstruct
BE 0897.847.440
Rendeux · Eq €556k
Of 2,428 companies in sector 41003 we hold annual accounts for 1,046. 602 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-08-1999
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.