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DYNAMATE

Active
Public limited companyfounded 201610 yrs activePassendalestraat 199, 8980 Zonnebeke, BelgiumKBO/BCE: BE 0647.518.550
Summary

DYNAMATE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.76M and a net result of €5.42M. Equity is shrinking by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
78 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency53▲+25
Growth65▲+4
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.31 in 2024; short-term debt: 52% and cash: 17.9% of total assets), and 72.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.6%
Return on assets
31.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.76M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 d early
2024
59 d early
2023
110 d early
2022
83 d early
2021
81 d early
2020
36 d early
2019
70 d early
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€29.52M▲ 35.0%
2024 · €21.87M
2018: €11.92M 2019: €13.54M 2020: €14.90M 2021: €16.57M 2022: €18.27M 2023: €20.49M 2024: €21.87M
2018 → 2025
EBIT margin
25.4%▼ 10.8pp
2024 · 36.1%
2018: 27.7% 2019: 29.3% 2020: 34.4% 2021: 35.6% 2022: 28.7% 2023: 35.0% 2024: 36.1%
2018 → 2025
Net result
€5.42M▼ 16.8%
2024 · €6.52M
2018: €2.12M 2019: €2.91M 2020: €3.79M 2021: €4.83M 2022: €4.35M 2023: €5.93M 2024: €6.52M
2018 → 2025
Working capital
€1.24M▼ 55.0%
2024 · €2.77M
2018: €5.58M 2019: €7.66M 2020: €2.20M 2021: €1.64M 2022: €2.16M 2023: €1.62M 2024: €2.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€16.57M-€18.27M▲ 10.2%€20.49M▲ 12.2%€21.87M▲ 6.7%€29.52M▲ 35.0%
Equity€2.54M-€986k▼ 61.1%€315k▼ 68.0%€334k▲ 5.9%€4.76M▲ 1,324%
Operating result€5.90M-€5.24M▼ 11.2%€7.17M▲ 36.7%€7.90M▲ 10.2%€7.49M▼ 5.2%
Net result€4.83M-€4.35M▼ 9.9%€5.93M▲ 36.3%€6.52M▲ 9.9%€5.42M▼ 16.8%
Result per fiscal year
Operating resultNet result
€0€2.00M€4.00M€6.00M€8.00MOperating result 2021: €5.90M€5.90MNet result 2021: €4.83M€4.83MOperating result 2022: €5.24M€5.24MNet result 2022: €4.35M€4.35MOperating result 2023: €7.17M€7.17MNet result 2023: €5.93M€5.93MOperating result 2024: €7.90M€7.90MNet result 2024: €6.52M€6.52MOperating result 2025: €7.49M€7.49MNet result 2025: €5.42M€5.42M20212022202320242025€0€2M€4M€6M€8MOperating result 2023: €7.17M€7.2MNet result 2023: €5.93M€5.9MOperating result 2024: €7.90M€7.9MNet result 2024: €6.52M€6.5MOperating result 2025: €7.49M€7.5MNet result 2025: €5.42M€5.4M202320242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.26M
Fixed assets €7.04M ▲ 2,899%
Current assets €10.21M ▼ 13.1%
Equity and liabilities €17.26M
Equity €4.76M ▲ 1,324%
Debt €12.50M ▲ 7.3%
Debt's share of the balance-sheet total falls from 97.2% to 72.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8.01M
2024 · €7.98M
Cash flow
€5.95M
2024 · €6.60M
Current ratio
1.14
2024 · 1.31
Quick ratio
1.13
2024 · 1.30
Debt to equity
2.63
2024 · 34.89
ROE
114.0%
ROA
31.4%
2024 · 54.4%
Interest coverage
28.67
2024 · 97.19
Debt ≤ 1 year
€8.97M
2024 · €8.99M
Income taxes
€1.97M
2024 · €1.50M
Staff costs
€7.30M
2024 · €4.80M
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 · 79 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.99M€17.26M
Fixed assets21/28€235k€7.04M
Intangible fixed assets21€28k€3.10M
Tangible fixed assets22/27€206k€445k
Plant, machinery and equipment23€163k€340k
Furniture and vehicles24€43k€79k
Other tangible fixed assets26-€26k
Financial fixed assets28-€3.50M
Affiliated companies280/1-€3.50M
Amounts receivable281-€3.50M
Current assets29/58€11.75M€10.21M
Amounts receivable after more than one year29€3.50M€0
Other amounts receivable291€3.50M€0
Stocks and contracts in progress3€25k€120k
Stocks30/36€25k€120k
Goods purchased for resale34€25k€120k
Amounts receivable within one year40/41€4.97M€4.66M
Trade receivables40€2.86M€3.71M
Other amounts receivable41€2.11M€955k
Current investments50/53€0-
Other investments51/53€0-
Cash at bank and in hand54/58€1.32M€3.09M
Deferred charges and accrued income490/1€1.93M€2.34M
Equity and liabilities
Total equity and liabilities10/49€11.99M€17.26M
Equity10/15€334k€4.76M
Contributions10/11€230k€230k=
Capital10€230k€230k=
Issued capital100€230k€230k=
Reserves13€104k€4.53M
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€69k€4.49M
Amounts payable17/49€11.65M€12.50M
Amounts payable within one year42/48€8.99M€8.97M
Trade debts44€818k€1.47M
Suppliers440/4€818k€1.47M
Advances received on contracts in progress46€89k€0
Taxes, remuneration and social security45€1.58M€2.63M
Taxes450/3€500k€823k
Remuneration and social security454/9€1.08M€1.81M
Other amounts payable47/48€6.50M€4.87M
Accrued charges and deferred income492/3€2.67M€3.53M
Income statement Code20242025
Operating income70/76A€22.39M€30.30M
Turnover70€21.87M€29.52M
Other operating income74€504k€730k
Non-recurring operating income76A€22k€42k
Operating charges60/66A€14.49M€22.81M
Goods for resale, raw materials and consumables60€6.42M€9.44M
Purchases600/8€6.37M€9.45M
Change in stocks: decrease (increase)609€51k€-11k
Services and other goods61€3.14M€4.97M
Remuneration, social security and pensions62€4.80M€7.30M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€523k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€43k
Other operating charges640/8€28k€28k
Non-recurring operating charges66A€16k€508k
Operating profit (loss)9901€7.90M€7.49M
Financial income75/76B€209k€190k
Recurring financial income75€209k€190k
Income from financial fixed assets750€5k€116k
Income from current assets751€165k€26k
Other financial income752/9€39k€48k
Financial charges65/66B€90k€288k
Recurring financial charges65€90k€288k
Debt charges650€82k€279k
Other financial charges652/9€8k€8k
Profit (loss) for the period before taxes9903€8.02M€7.39M
Income taxes67/77€1.50M€1.97M
Taxes670/3€1.50M€1.97M
Profit (loss) for the period9904€6.52M€5.42M
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€6.52M€5.42M
Appropriation of the result
Profit (loss) to be appropriated9906€6.52M€5.42M
Transfer to equity691/2€19k€4.42M
To other reserves6921€19k€4.42M
Profit to be distributed694/7€6.50M€1.00M
Return on contributions (dividend)694€6.50M€1.00M
Social balance
Average headcount (FTE)908753.478.5

The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-08
State Gazette act Resignations: Sofindev V CommV, Dynamate Holding BV and 7 others
Appointments: Christiaens Invest NV, ALC Consulting BV and 9 others · Permanent representatives: Marc Christiaens, Alexander Christiaens and 8 others · Mandate compensation40 facts ▸
  • General meeting, 24/06/2026
  • Board meeting, 24/06/2026
  • Director resignation, Sofindev V CommV (director)
  • Director resignation, Dynamate Holding BV (director)
  • Director resignation, ALC Consulting BV (director)
  • Director resignation, Xilion BV (director)
  • Director resignation, hIT BV (director)
  • Director resignation, Casier Consult vof (director)
  • Director resignation, Sven Vandewiele (director)
  • Director resignation, On Cloud 9 CommV (director)
  • Director resignation, M.IN.T CommV (director)
  • Director appointment, Christiaens Invest NV (director)
  • +28 further facts in this act
23-06
State Gazette act Capital & shares · Purpose · Resignations & appointments · Restructuring
Appointments: M.IN.T (director) and On Cloud 9 (director) · Permanent representatives: DEBRUYNE Steven David and COPPENS Gunther Albert Fernand · Merger13 facts ▸
  • General meeting, 29-05-2026
  • General meeting, 29-05-2026
  • Merger, 01-06-2026
  • Dissolution, 01-06-2026
  • Share cancellation, HARMONIZE IT
  • Accounting effect, 01-01-2026
  • Purpose change, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland: 1. VOOR EIGEN REKENING, VOOR REKENING VAN DERDEN OF IN DEELNEMING MET DERDEN 1. Het v…
  • Director appointment, M.IN.T (director)
  • Permanent representative, DEBRUYNE Steven David
  • Director appointment, On Cloud 9 (director)
  • Permanent representative, COPPENS Gunther Albert Fernand
  • Mandate compensation, M.IN.T
  • +1 further facts in this act
05-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
15-01
State Gazette act Capital & shares · Statutes amendment · Restructuring
Merger · Capital increase · Share issue9 facts ▸
  • General meeting, 19-12-2025
  • Merger, absorption, 01-01-2026
  • Capital increase, €790.500
  • Share issue, volgestorte aandelen op naam, 2887
  • Capital, €1.020.695,5
  • Statutes amendment
  • Power of attorney, Mathieu Verhaeghe
  • Accounting effect, 01-01-2026
  • Ownership structure, alle aandelen van zowel de overnemende vennootschap als de over te nemen vennootschap worden aangehouden door één en dezelfde aandeelhouder
15-01
State Gazette act Capital & shares · Statutes amendment · Restructuring
Merger · Capital increase · Share issue11 facts ▸
  • General meeting, 19-12-2025
  • Merger, absorption, 01-01-2026
  • Capital increase, €1.200.000
  • Share issue, 6674, fusion
  • Net-asset statement, 31-12-2024
  • Net-asset statement, 31-12-2024
  • Accounting effect, 01-01-2026
  • Power of attorney, Mathieu Verhaeghe
  • Exchange ratio, 6.674,46, 6674
  • No premium, ja
  • Merger, onmiddellijk voorafgaand aan de fusie tussen DYNAMATE NV en HARMONIZE IT HOLDING BV, absorption
15-01
State Gazette act Purpose · Statutes amendment · Restructuring
Merger · Accounting effect · Purpose change4 facts ▸
  • General meeting, 19-12-2025
  • Merger, verrichting gelijkgesteld met fusie door overneming, 01-01-2026
  • Accounting effect, 01-01-2026
  • Purpose change, De vennootschap heeft voor voorwerp, zowel in het binnenland als in het buitenland, zowel in eigen naam en voor eigen rekening als voor rekening van derden: - D…
2025
31-12
Financial Equity above €2MEq €4.76M ▲1324%
8 profitable years in a row build equity to €4.76M.
02-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €6.52M ▲9.9%
Operating result €7.90M, net result €6.52M, both a record.
12-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
09-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
11-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
07-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
13 directors, no change since 2026
ALC Consulting BV
Director · since 24-06-2026 · Legal entity · perm. rep.: Alexander Christiaens
Current
Casier Consult VOF
Director · since 24-06-2026 · Legal entity · perm. rep.: Kenny Casier
Current
Christiaens Invest NV
Director · since 24-06-2026 · Legal entity
Current
Dynamate Holding BV
Managing director · since 24-06-2026 · Legal entity · perm. rep.: Marc Christiaens
Current
Helanor BV
Director · since 24-06-2026 · Legal entity · perm. rep.: Mathieu Verhaeghe
Current
hIT BV
Director · since 24-06-2026 · Legal entity · perm. rep.: Dieter Haspeslagh
Current
7 other directors
Hskns CommV
Director · since 24-06-2026 · Legal entity · perm. rep.: Hans Hoskens
Current
M.IN.T CommV
Director · since 24-06-2026 · Legal entity · perm. rep.: Steven Debruyne
Current
On Cloud 9 CommV
Director · since 24-06-2026 · Legal entity · perm. rep.: Gunther Coppens
Current
SoJo BV
Director · since 24-06-2026 · Legal entity · perm. rep.: Joachim Lauwers
Current
Xilion BV
Director · since 24-06-2026 · Legal entity · perm. rep.: Olivier Christiaens
Current
M.IN.T
Director · since 29-05-2026 · Limited partnership · perm. rep.: DEBRUYNE Steven David
Current
ON CLOUD 9
Director · since 29-05-2026 · Limited partnership · perm. rep.: COPPENS Gunther Albert Fernand
Current
24-06-2026 ALC Consulting BV: Reappointed as Director
24-06-2026 ALC Consulting BV: Reappointed as Managing director
24-06-2026 Casier Consult VOF: Reappointed as Director
24-06-2026 Christiaens Invest NV: Appointed as Director
24-06-2026 Dynamate Holding BV: Reappointed as Managing director
Full history in the Timeline (19 changes) →
Location & real-estate footprint
Registered office, Zonnebeke · 3 establishment units since 2016
establishment All 3 establishment units on the map
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.

Passendalestraat 1998980 Zonnebeke
Ground area
1.3 ha
Building footprint
3,996 m²
Volume, LiDAR
13,669 m³
3 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Dynamate
Passendalestraat 199, 8980 ZonnebekeWholesale trade
since 20162.250.504.522
Moorseelsesteenweg 17, 8800 Roeselare
Wholesale of information and communication equipment
since 20252.374.051.244
Dynamate Sint-Denijs
Kortrijksesteenweg 1084, 9051 GentWholesale of information and communication equipment
since 20262.390.329.725
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062A0290/00L000 Flanders 6,546 m² 1 · 2,453 m² 11.3 m
36302B0877/00D000 Flanders 4,750 m² 1 · 1,320 m² 8.0 m · 2 fl.
33019D0670/00F006 Flanders 1,453 m² 1 · 224 m² 10.9 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Acquisitions and mergers

4 transactions
Took over:HARMONIZE IT
BE 0899.434.379merger by absorption · State Gazette act of 23-06-2026 (2 acts) · effective 01-06-2026
BE 0777.675.526merger by absorption · State Gazette act of 28-01-2026 (2 acts) · effective 01-01-2026
Took over:ICTG
BE 0644.788.989merger by absorption · State Gazette act of 28-01-2026 (4 acts) · effective 01-01-2026
Took over:VOCOM
BE 0566.968.463operation treated as a merger by absorption · State Gazette act of 15-01-2026 (2 acts) · effective 01-01-2026

Capital and shareholders

Capital over the years
  1. 15-01-2026 Capital increase of 1,200,000 EUR · to 2,220,695.50 EUR · 6,674 new shares
  2. 15-01-2026 Capital increase of 790,500 EUR · to 1,020,695.50 EUR · 2,887 new shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 17,063 EUR awarded · 14,515 EUR paid
Year Entries awardedpaid
2025 1 2,739 EUR551 EUR
2024 1 2,399 EUR2,040 EUR
2023 2 7,443 EUR8,002 EUR
2022 2 4,482 EUR3,922 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 9,096 EUR · 6,548 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
2 entries · 7,967 EUR · 7,967 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

875500718YITCNFB9H67
live in the LEI register

Similar companies · same sector, comparable size

Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 1,370 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47789Other retail sale of new goods
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

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