DYNACON
ActiveSummary
DYNACON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43,344 and a net result of -€4,289. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 1938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-72
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.16 against 6.39 in 2023; short-term debt: 17.2% and cash: 81.6% of total assets), and 17.5% of the assets are financed with debt.
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Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
82.5%
Return on assets
-8.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-08-2025, 10 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
10 d late
2023
60 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€43,344▼ 9.0%
2023 · €47,633
Total assets
€52,568▼ 5.3%
2023 · €55,515
Net result
-€4,289
2023 · €5,490
Working capital
€37,549▼ 9.5%
2023 · €41,470
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€9,437€3,878▼ 58.9%€6,147▲ 58.5%€7,926▲ 28.9%-€4,229
Net result€6,730€2,779▼ 58.7%€4,439▲ 59.7%€5,490▲ 23.7%-€4,289
Equity€34,925▲ 23.9%€37,704▲ 8.0%€42,143▲ 11.8%€47,633▲ 13.0%€43,344▼ 9.0%
Total assets€103,821▲ 224%€46,761▼ 55.0%€48,770▲ 4.3%€55,515▲ 13.8%€52,568▼ 5.3%
Debt€68,896▲ 1,708%€9,057▼ 86.9%€6,627▼ 26.8%€7,882▲ 18.9%€9,224▲ 17.0%
Working capital€25,582▲ 31.7%€27,998▲ 9.4%€33,983▲ 21.4%€41,470▲ 22.0%€37,549▼ 9.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,229 after €7,926 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,568
Fixed assets
€5,985 ▼ 5.8%
Current assets
€46,583 ▼ 5.2%
Equity and liabilities €52,568
Equity
€43,344 ▼ 9.0%
Debt
€9,224 ▲ 17.0%
Debt's share of the balance-sheet total rises from 14.2% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,289▼
2023 · €10,329
Cash flow
-€2,349▼
2023 · €7,893
Current ratio
5.16▼
2023 · 6.39
Debt to equity
0.21▲
2023 · 0.17
ROE
-9.9%▼
2023 · 11.5%
ROA
-8.2%▼
2023 · 9.9%
Interest coverage
-36.33▼
2023 · 143.46
Debt ≤ 1 year
€9,034▲
2023 · €7,692
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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%.
| 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 12,304 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,167 | €2,217 | €2,454 | €2,403 | €1,940 | ▼ 19.3% |
| Other operating charges640/8 | - | €421 | €119 | €832 | €846 | ▲ 1.7% |
| Non-recurring operating charges66A | - | - | - | €2,057 | - | - |
| Gross operating margin9900 | €12,161 | €6,516 | €8,720 | €13,218 | -€1,443 | ▼ 111% |
| Operating profit (loss)9901 | €9,437 | €3,878 | €6,147 | €7,926 | -€4,229 | ▼ 153% |
| Financial income75/76B | - | - | - | €2 | €3 | ▲ 50.0% |
| Recurring financial income75 | - | - | - | €2 | €3 | ▲ 50.0% |
| Non-recurring financial income76B | - | - | - | - | €3 | - |
| Financial charges65/66B | - | €139 | €162 | €72 | €63 | ▼ 12.5% |
| Recurring financial charges65 | €230 | €139 | €162 | €72 | €63 | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | €9,207 | €3,739 | €5,985 | €7,856 | -€4,289 | ▼ 155% |
| Income taxes67/77 | €2,477 | €960 | €1,546 | €2,366 | - | - |
| Profit (loss) for the period9904 | €6,730 | €2,779 | €4,439 | €5,490 | -€4,289 | ▼ 178% |
| Profit (loss) for the period to be appropriated9905 | €6,730 | €2,779 | €4,439 | €5,490 | -€4,289 | ▼ 178% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,821 | €46,761 | €48,770 | €55,515 | €52,568 | ▼ 5.3% |
| Fixed assets21/28 | €9,413 | €9,776 | €8,230 | €6,353 | €5,985 | ▼ 5.8% |
| Tangible fixed assets22/27 | €9,413 | €9,776 | €8,230 | €6,353 | €5,824 | ▼ 8.3% |
| Plant, machinery and equipment23 | - | €6,645 | €5,436 | €4,227 | €4,258 | ▲ 0.7% |
| Furniture and vehicles24 | - | €1,330 | €1,195 | €729 | €371 | ▼ 49.1% |
| Other tangible fixed assets26 | - | €1,801 | €1,599 | €1,397 | €1,195 | ▼ 14.5% |
| Financial fixed assets28 | - | - | - | - | €161 | - |
| Current assets29/58 | €94,408 | €36,985 | €40,540 | €49,162 | €46,583 | ▼ 5.2% |
| Amounts receivable within one year40/41 | €21,311 | €17,173 | €13,754 | €17,828 | €2,727 | ▼ 84.7% |
| Trade receivables40 | - | - | €5,538 | €12,750 | €1,368 | ▼ 89.3% |
| Other amounts receivable41 | - | €17,173 | €8,216 | €5,078 | €1,359 | ▼ 73.2% |
| Cash at bank and in hand54/58 | €73,097 | €19,812 | €26,155 | €30,762 | €42,915 | ▲ 39.5% |
| Deferred charges and accrued income490/1 | - | - | €631 | €572 | €941 | ▲ 64.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,821 | €46,761 | €48,770 | €55,515 | €52,568 | ▼ 5.3% |
| Equity10/15 | €34,925 | €37,704 | €42,143 | €47,633 | €43,344 | ▼ 9.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €16,325 | €19,104 | €23,543 | €29,033 | €24,744 | ▼ 14.8% |
| Non-distributable reserves130/1 | - | €550 | €550 | €550 | €550 | = |
| Reserves not available under the articles1311 | - | €550 | €550 | €550 | €550 | = |
| Distributable reserves133 | - | €18,554 | €22,993 | €28,483 | €24,194 | ▼ 15.1% |
| Amounts payable17/49 | €68,896 | €9,057 | €6,627 | €7,882 | €9,224 | ▲ 17.0% |
| Amounts payable within one year42/48 | €68,826 | €8,987 | €6,557 | €7,692 | €9,034 | ▲ 17.4% |
| Trade debts44 | €62,377 | €67 | €545 | €1,694 | €2,569 | ▲ 51.7% |
| Suppliers440/4 | - | €67 | €545 | €1,694 | €2,569 | ▲ 51.7% |
| Taxes, remuneration and social security45 | - | €3,440 | €2,640 | €3,980 | €2,300 | ▼ 42.2% |
| Taxes450/3 | - | €3,440 | €2,640 | €3,980 | €2,300 | ▼ 42.2% |
| Other amounts payable47/48 | - | €5,480 | €3,372 | €2,018 | €4,165 | ▲ 106% |
| Accrued charges and deferred income492/3 | - | €70 | €70 | €190 | €190 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,730 | €2,779 | €4,439 | €5,490 | -€4,289 | ▼ 178% |
| + Depreciation and write-downs630 | €2,167 | €2,217 | €2,454 | €2,403 | €1,940 | ▼ 19.3% |
| Operating cash flow (approximation) | €8,897 | €4,996 | €6,893 | €7,893 | -€2,349 | ▼ 130% |
| Investment in fixed assets (approximation) | - | -€2,580 | -€908 | -€526 | -€1,572 | ▼ 199% |
| Change in cash | - | -€53,285 | €6,343 | €4,607 | €12,153 | ▲ 164% |
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
2025
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
31-12
Financial
Weakest financial yearnet -€4,289
Net result drops to -€4,289, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.12
Current ratio from 1.37 to 4.12; short-term debt falls from €68,826 to €8,987.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €6,730
Net result €6,730 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.19
Current ratio from 1.39 to 6.19; short-term debt falls from €41,237 to €3,740.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Asse · 1 establishment unit since 2004
Ground area
862 m²
Building footprint
148 m²
Volume, LiDAR
719 m³
Parcel 23068B0116/00X002, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DYNACON
since 20042.139.030.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23068B0116/00X002 | Flanders | 862 m² | 1 · 148 m² | 9.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,784 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 (pre-2019)
Founded07-07-2004
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
71121Engineering and related technical consultancy, excluding land surveyors
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866218512
Also
9925:BE0866218512
Registered
04-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.