DYNAGRAPH
ActiveSummary
DYNAGRAPH has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €-83k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-95
Solvency80▼-2
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.2 in 2024; short-term debt: 31.3% and cash: 2% of total assets), and 45.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
71 d early
2023
28 d late
2022
30 d late
2021
5 d early
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€306k▼ 50.4%
2019 · €617k
2018: €564k
2019: €617k▲ +9.5% vs 2018highest in 3 years
2020: €306k▼ -50.4% vs 2019lowest in 3 years
2018 → 2020
EBIT margin
-15.5%▼ 19.7pp
2019 · 4.2%
2018: 2.6%
2019: 4.2%▲ +59.3% vs 2018highest in 3 years
2020: -15.5%▼ -468% vs 2019lowest in 3 years
2018 → 2020
Net result
€-83k
2024 · €238k
2018: €11k
2019: €20k▲ +81.6% vs 2018
2020: €-49k▼ -340% vs 2019
2021: €-59k▼ -20.7% vs 2020
2022: €43k▲ +174% vs 2021
2023: €65k▲ +48.6% vs 2022
2024: €238k▲ +268% vs 2023highest in 8 years
2025: €-83k▼ -135% vs 2024lowest in 8 years
2018 → 2025
Working capital
€297k▼ 24.1%
2024 · €391k
2018: €212k
2019: €231k▲ +8.9% vs 2018
2020: €184k▼ -20.1% vs 2019
2021: €118k▼ -36.0% vs 2020lowest in 8 years
2022: €139k▲ +17.5% vs 2021
2023: €223k▲ +60.8% vs 2022
2024: €391k▲ +75.5% vs 2023highest in 8 years
2025: €297k▼ -24.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€154k-€197k▲ 28.2%€262k▲ 32.7%€500k▲ 90.8%€417k▼ 16.5%
2021: €154klowest in 5 years
2022: €197k▲ +28.2% vs 2021
2023: €262k▲ +32.7% vs 2022
2024: €500k▲ +90.8% vs 2023highest in 5 years
2025: €417k▼ -16.5% vs 2024
Operating result€-57k-€45k€88k▲ 95.0%€348k▲ 297%€-74k
2021: €-57k
2022: €45k▲ +179% vs 2021
2023: €88k▲ +95.0% vs 2022
2024: €348k▲ +297% vs 2023highest in 5 years
2025: €-74k▼ -121% vs 2024lowest in 5 years
Net result€-59k-€43k€65k▲ 48.6%€238k▲ 268%€-83k
2021: €-59k
2022: €43k▲ +174% vs 2021
2023: €65k▲ +48.6% vs 2022
2024: €238k▲ +268% vs 2023highest in 5 years
2025: €-83k▼ -135% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €74k after €348k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €763k
Fixed assets
€227k ▲ 47.0%
Current assets
€536k ▼ 25.3%
Equity and liabilities €763k
Equity
€417k ▼ 16.5%
Debt
€346k ▼ 7.0%
Debt's share of the balance-sheet total rises from 42.7% to 45.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-21k▼
2024 · €389k
Cash flow
€-30k▼
2024 · €279k
Current ratio
2.24▲
2024 · 2.20
Quick ratio
2.19▲
2024 · 2.16
Debt to equity
0.83▲
2024 · 0.75
ROE
-19.8%▼
2024 · 47.6%
ROA
-10.8%▼
2024 · 27.3%
Interest coverage
-1.70▼
2024 · 22.00
Debt ≤ 1 year
€239k▼
2024 · €326k
Debt > 1 year
€95k▲
2024 · €36k
Income taxes
€1k▼
2024 · €96k
Staff costs
€311k▲
2024 · €207k
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 · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€872k€763k▼
Fixed assets21/28€154k€227k▲
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€144k€222k▲
Plant, machinery and equipment23€10k€15k▲
Furniture and vehicles24€134k€186k▲
Other tangible fixed assets26-€21k
Financial fixed assets28€6k€1k▼
Current assets29/58€717k€536k▼
Amounts receivable after more than one year29€174k€241k▲
Other amounts receivable291€174k€241k▲
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Amounts receivable within one year40/41€402k€211k▼
Trade receivables40€394k€116k▼
Other amounts receivable41€8k€94k▲
Cash at bank and in hand54/58€103k€15k▼
Deferred charges and accrued income490/1€24k€55k▲
Equity and liabilities
Total equity and liabilities10/49€872k€763k▼
Equity10/15€500k€417k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€196k€196k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€190k€190k=
Profit (loss) carried forward14€241k€159k▼
Amounts payable17/49€372k€346k▼
Amounts payable after more than one year17€36k€95k▲
Financial debts170/4€36k€95k▲
Amounts payable within one year42/48€326k€239k▼
Current portion of amounts payable after more than one year42€15k€70k▲
Financial debts43€5k€105▼
Credit institutions430/8€5k€105▼
Trade debts44€144k€113k▼
Suppliers440/4€144k€113k▼
Taxes, remuneration and social security45€75k€56k▼
Taxes450/3€47k€16k▼
Remuneration and social security454/9€28k€41k▲
Other amounts payable47/48€86k€0▼
Accrued charges and deferred income492/3€10k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€207k€311k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€53k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€835€3k▲
Gross operating margin9900€600k€292k▼
Operating profit (loss)9901€348k€-74k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€18k€13k▼
Recurring financial charges65€18k€13k▼
Profit (loss) for the period before taxes9903€334k€-81k▼
Income taxes67/77€96k€1k▼
Profit (loss) for the period9904€238k€-83k▼
Profit (loss) for the period to be appropriated9905€238k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€241k€159k▼
Profit (loss) brought forward from the previous period14P€4k€241k▲
Social balance
Average headcount (FTE)90873.81.5▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €14k | - | €12k | - | - | - |
| Remuneration, social security and pensions62 | €121k | €171k | €205k | €207k | €311k | ▲ 50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €25k | €25k | €41k | €53k | ▲ 29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3k | €0 | ▼ 100% |
| Other operating charges640/8 | €7k | €7k | €7k | €835 | €3k | ▲ 200% |
| Non-recurring operating charges66A | €49 | - | €675 | - | - | - |
| Gross operating margin9900 | €93k | €248k | €325k | €600k | €292k | ▼ 51.3% |
| Operating profit (loss)9901 | €-57k | €45k | €88k | €348k | €-74k | ▼ 121% |
| Financial income75/76B | €2k | €2k | €3k | €4k | €5k | ▲ 45.0% |
| Recurring financial income75 | €2k | €2k | €3k | €4k | €5k | ▲ 45.0% |
| Non-recurring financial income76B | - | - | €2 | - | - | - |
| Financial charges65/66B | €2k | €3k | €6k | €18k | €13k | ▼ 28.6% |
| Recurring financial charges65 | €2k | €3k | €6k | €18k | €13k | ▼ 28.6% |
| Profit (loss) for the period before taxes9903 | €-58k | €44k | €85k | €334k | €-81k | ▼ 124% |
| Income taxes67/77 | €1k | €569 | €20k | €96k | €1k | ▼ 98.9% |
| Profit (loss) for the period9904 | €-59k | €43k | €65k | €238k | €-83k | ▼ 135% |
| Profit (loss) for the period to be appropriated9905 | €-59k | €43k | €65k | €238k | €-83k | ▼ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €358k | €418k | €592k | €872k | €763k | ▼ 12.5% |
| Fixed assets21/28 | €86k | €89k | €99k | €154k | €227k | ▲ 47.0% |
| Intangible fixed assets21 | - | - | - | €5k | €4k | ▼ 20.4% |
| Tangible fixed assets22/27 | €85k | €88k | €80k | €144k | €222k | ▲ 54.3% |
| Plant, machinery and equipment23 | - | - | - | €10k | €15k | ▲ 42.4% |
| Furniture and vehicles24 | €85k | €88k | €47k | €134k | €186k | ▲ 39.4% |
| Other tangible fixed assets26 | - | - | - | - | €21k | - |
| Assets under construction and advance payments27 | - | - | €33k | - | - | - |
| Financial fixed assets28 | €1k | €1k | €19k | €6k | €1k | ▼ 80.5% |
| Current assets29/58 | €272k | €329k | €493k | €717k | €536k | ▼ 25.3% |
| Amounts receivable after more than one year29 | €169k | €171k | €174k | €174k | €241k | ▲ 39.0% |
| Other amounts receivable291 | €169k | €171k | €174k | €174k | €241k | ▲ 39.0% |
| Stocks and contracts in progress3 | €19k | €19k | €20k | €15k | €13k | ▼ 9.6% |
| Stocks30/36 | €19k | €19k | €20k | €15k | €13k | ▼ 9.6% |
| Amounts receivable within one year40/41 | €59k | €110k | €183k | €402k | €211k | ▼ 47.6% |
| Trade receivables40 | €37k | €76k | €172k | €394k | €116k | ▼ 70.5% |
| Other amounts receivable41 | €22k | €34k | €10k | €8k | €94k | ▲ 1,052% |
| Cash at bank and in hand54/58 | €11k | €23k | €104k | €103k | €15k | ▼ 85.0% |
| Deferred charges and accrued income490/1 | €14k | €6k | €13k | €24k | €55k | ▲ 128% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €358k | €418k | €592k | €872k | €763k | ▼ 12.5% |
| Equity10/15 | €154k | €197k | €262k | €500k | €417k | ▼ 16.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €176k | €176k | €196k | €196k | €196k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €170k | €170k | €190k | €190k | €190k | = |
| Profit (loss) carried forward14 | €-84k | €-41k | €4k | €241k | €159k | ▼ 34.2% |
| Amounts payable17/49 | €205k | €220k | €331k | €372k | €346k | ▼ 7.0% |
| Amounts payable after more than one year17 | €45k | €27k | €52k | €36k | €95k | ▲ 162% |
| Financial debts170/4 | €45k | €27k | €52k | €36k | €95k | ▲ 162% |
| Amounts payable within one year42/48 | €154k | €190k | €271k | €326k | €239k | ▼ 26.8% |
| Current portion of amounts payable after more than one year42 | €42k | €40k | €25k | €15k | €70k | ▲ 353% |
| Financial debts43 | €12k | - | €20k | €5k | €105 | ▼ 98.0% |
| Credit institutions430/8 | €12k | - | €20k | €5k | €105 | ▼ 98.0% |
| Trade debts44 | €57k | €41k | €102k | €144k | €113k | ▼ 22.1% |
| Suppliers440/4 | €57k | €41k | €102k | €144k | €113k | ▼ 22.1% |
| Taxes, remuneration and social security45 | €43k | €59k | €43k | €75k | €56k | ▼ 24.2% |
| Taxes450/3 | €20k | €32k | €22k | €47k | €16k | ▼ 66.1% |
| Remuneration and social security454/9 | €23k | €27k | €21k | €28k | €41k | ▲ 47.2% |
| Other amounts payable47/48 | - | €50k | €80k | €86k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €5k | €3k | €8k | €10k | €12k | ▲ 20.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-59k | €43k | €65k | €238k | €-83k | ▼ 135% |
| + Depreciation and write-downs630 | €22k | €25k | €25k | €41k | €53k | ▲ 29.2% |
| Operating cash flow (approximation) | €-37k | €68k | €90k | €279k | €-30k | ▼ 111% |
| Investment in fixed assets (approximation) | - | €-28k | €-35k | €-96k | €-125k | ▼ 30.2% |
| Change in cash | - | €12k | €81k | €-2k | €-87k | ▼ 5,505% |
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
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €238k ▲268%
Operating result €348k, net result €238k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Equity above €200kEq €262k ▲32.7%
2 profitable years in a row build equity to €262k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Machelen (Brab.) · 1 establishment unit since 1993
Ground area
3,506 m²
Building footprint
772 m²
Volume, LiDAR
5,291 m³
Parcel 23015B0263/00C002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
DYNAGRAPH SA
since 19932.062.127.354
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0263/00C002 | Flanders | 3,506 m² | 2 · 772 m² | 7.7 m · 2 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 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,317 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-1993
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.