DYNAMIC
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 27-03-1987 · last publication under the heading End on 24-02-2026
- Activity
- “Dagbladhandel met inbegrip van handel in weekbladen,tijdschriften,maandbladen enzomeer in de meest uitgebreide zin,alle vervoer…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2024
- Gross margin
- €166,533
- ▲ 14×
- Turnover
- ≈ €420,000
- estimated
- Profit
- €114,123
- ▲ 71×
- Equity
- €183,138
- ▲ 165%
- Total assets
- €239,100
- ▲ 94.0%
Financials
Financials · financial year 2024, micro format
2024 annual accounts filed 29 days after the deadline Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00456833.
Annual accounts 2024 filed on 29-08-2025 PDF all 38 filings
Turnover
≈ €420,000
Estimated: probably between €280,000 and €640,000
Total assets
€239,100▲ 94.0%
2023 · €123,255
Net result
€114,123▲ 71×
2023 · €1,596
Working capital
€185,730▲ 434%
2023 · €34,812
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€166,741
▲ 31×
2024
20182024
Net result
€114,123
▲ 71×
2024
20182024
Equity
€183,138
▲ 165%
2024
20182024
Total assets
€239,100
▲ 94.0%
2024
20182024
Debt
€55,962
▲ 6.4%
2024
20182024
Working capital
€185,730
▲ 434%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€8,499-€13,355▲ 57.1%€11,820▼ 11.5%€7,373▼ 37.6%€7,491▲ 1.6%€5,376▼ 28.2%€166,741▲ 31×
Net result€5,642-€8,714▲ 54.4%€7,634▼ 12.4%€4,674▼ 38.8%€8,952▲ 91.5%€1,596▼ 82.2%€114,123▲ 71×
Equity€132,341-€141,054▲ 6.6%€147,076▲ 4.3%€151,750▲ 3.2%€68,220▼ 55.0%€69,016▲ 1.2%€183,138▲ 165%
Total assets€167,446-€180,199▲ 7.6%€191,637▲ 6.3%€194,138▲ 1.3%€131,621▼ 32.2%€123,255▼ 6.4%€239,100▲ 94.0%
Debt€33,469-€37,508▲ 12.1%€42,925▲ 14.4%€40,752▼ 5.1%€61,765▲ 51.6%€52,603▼ 14.8%€55,962▲ 6.4%
Working capital€99,874-€117,142▲ 17.3%€126,638▲ 8.1%€135,210▲ 6.8%€40,549▼ 70.0%€34,812▼ 14.1%€185,730▲ 434%
The operating result for 2024 is 31 times that of 2023 and the highest since 2020. It is a recovery after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €239,100
Equity
€183,138 ▲ 165%
Provisions
€0 ▼ 100%
Debt
€55,962 ▲ 6.4%
Debt's share of the balance-sheet total falls from 42.7% to 23.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€166,741▲
2023 · €9,909
Cash flow
€114,123▲
2023 · €6,130
Current ratio
4.48▲
2023 · 1.76
Debt to equity
0.31▼
2023 · 0.76
ROE
62.3%▲
2023 · 2.3%
ROA
47.7%▲
2023 · 1.3%
Interest coverage
over 100▲
2023 · 5.10
Debt ≤ 1 year
€53,370▲
2023 · €45,925
Debt > 1 year
€0▼
2023 · €3,576
Income taxes
€53,578▲
2023 · €2,500
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Carrying value of the other pledged assets | - | - | €22,774 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €27,020 | €27,307 | - |
| Depreciation and write-downs of the year | €3,074 | €3,468 | €4,534 | €0 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €167,881 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,377 | €8,488 | €3,820 | €3,074 | €3,468 | €4,534 | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | -€1,636 | - |
| Other operating charges640/8 | - | - | - | €1,459 | €1,362 | €1,639 | €1,428 | ▼ 12.8% |
| Non-recurring operating charges66A | - | - | - | €0 | €62 | €786 | €0 | ▼ 100% |
| Gross operating margin9900 | €23,257 | €23,227 | €17,087 | €11,906 | €12,383 | €12,334 | €166,533 | ▲ 14× |
| Operating profit (loss)9901 | €8,499 | €13,355 | €11,820 | €7,373 | €7,491 | €5,376 | €166,741 | ▲ 31× |
| Financial income75/76B | - | - | - | €1,058 | €6,059 | €664 | €1,199 | ▲ 80.5% |
| Recurring financial income75 | €93 | €83 | €186 | €1,058 | €59 | €664 | €1,199 | ▲ 80.5% |
| Non-recurring financial income76B | - | - | - | - | €6,000 | €0 | - | - |
| Financial charges65/66B | - | - | - | €1,283 | €2,278 | €1,944 | €238 | ▼ 87.7% |
| Recurring financial charges65 | €1,180 | €1,256 | €1,262 | €1,283 | €2,278 | €1,944 | €238 | ▼ 87.7% |
| Profit (loss) for the period before taxes9903 | €7,411 | €12,182 | €10,744 | €7,148 | €11,272 | €4,096 | €167,701 | ▲ 41× |
| Income taxes67/77 | €1,769 | €3,469 | €3,110 | €2,474 | €2,321 | €2,500 | €53,578 | ▲ 21× |
| Profit (loss) for the period9904 | €5,642 | €8,714 | €7,634 | €4,674 | €8,952 | €1,596 | €114,123 | ▲ 71× |
| Profit (loss) for the period to be appropriated9905 | €5,642 | €8,714 | €7,634 | €4,674 | €8,952 | €1,596 | €114,123 | ▲ 71× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €167,446 | €180,199 | €191,637 | €194,138 | €131,621 | €123,255 | €239,100 | ▲ 94.0% |
| Fixed assets21/28 | €35,217 | €26,728 | €22,908 | €19,834 | €43,387 | €42,519 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €35,217 | €26,728 | €22,908 | €19,834 | €43,387 | €42,519 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €19,745 | €19,745 | €19,745 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €89 | €23,641 | €22,774 | €0 | ▼ 100% |
| Current assets29/58 | €132,229 | €153,471 | €168,729 | €174,304 | €88,234 | €80,737 | €239,100 | ▲ 196% |
| Amounts receivable within one year40/41 | €8,604 | €7,584 | €4,153 | €8,428 | €7,817 | €6,890 | €2 | ▼ 100.0% |
| Trade receivables40 | - | - | - | €8,400 | €7,571 | €6,644 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €28 | €246 | €246 | €2 | ▼ 99.0% |
| Current investments50/53 | €3,598 | €3,598 | €3,691 | €4,721 | €3,880 | €32,360 | €16,371 | ▼ 49.4% |
| Cash at bank and in hand54/58 | €119,739 | €142,043 | €160,633 | €160,802 | €76,537 | €40,875 | €222,726 | ▲ 445% |
| Deferred charges and accrued income490/1 | - | - | - | €353 | €0 | €611 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €167,446 | €180,199 | €191,637 | €194,138 | €131,621 | €123,255 | €239,100 | ▲ 94.0% |
| Equity10/15 | €132,341 | €141,054 | €147,076 | €151,750 | €68,220 | €69,016 | €183,138 | ▲ 165% |
| Contributions10/11 | €92,500 | €92,500 | - | €92,500 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €39,841 | €48,554 | €54,576 | €59,250 | €55,820 | €55,820 | €169,942 | ▲ 204% |
| Non-distributable reserves130/1 | - | - | - | €9,869 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €9,869 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €6,900 | €6,900 | €6,900 | €6,900 | = |
| Distributable reserves133 | - | - | - | €42,481 | €48,920 | €48,920 | €163,042 | ▲ 233% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €796 | €796 | = |
| Provisions and deferred taxes16 | €1,636 | €1,636 | €1,636 | €1,636 | €1,636 | €1,636 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €1,636 | €1,636 | €1,636 | €0 | ▼ 100% |
| Environmental obligations163 | - | - | - | - | - | €0 | - | - |
| Other liabilities and charges164/5 | - | - | - | €1,636 | €1,636 | €1,636 | €0 | ▼ 100% |
| Amounts payable17/49 | €33,469 | €37,508 | €42,925 | €40,752 | €61,765 | €52,603 | €55,962 | ▲ 6.4% |
| Amounts payable after more than one year17 | - | - | - | - | €12,095 | €3,576 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | - | €12,095 | €3,576 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €32,356 | €36,328 | €42,091 | €39,094 | €47,686 | €45,925 | €53,370 | ▲ 16.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8,426 | €8,518 | €0 | ▼ 100% |
| Trade debts44 | €814 | €905 | €1,040 | €4,283 | €3,520 | €898 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €4,283 | €3,520 | €898 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €6,299 | €4,862 | €5,037 | €15,469 | ▲ 207% |
| Taxes450/3 | - | - | - | €6,299 | €4,862 | €5,037 | €15,469 | ▲ 207% |
| Other amounts payable47/48 | - | - | - | €28,512 | €30,877 | €31,471 | €37,902 | ▲ 20.4% |
| Accrued charges and deferred income492/3 | - | - | - | €1,659 | €1,985 | €3,102 | €2,591 | ▼ 16.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,642 | €8,714 | €7,634 | €4,674 | €8,952 | €1,596 | €114,123 | ▲ 71× |
| + Depreciation and write-downs630 | €13,377 | €8,488 | €3,820 | €3,074 | €3,468 | €4,534 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €19,020 | €17,202 | €11,454 | €7,747 | €12,419 | €6,130 | €114,123 | ▲ 19× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€27,020 | -€3,666 | €42,519 | - |
| Change in cash | - | €22,304 | €18,590 | €169 | -€84,265 | -€35,662 | €181,851 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 29-08-2025 | 2025-00456833 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00451520 | |
| 31-12-2022 | micro format | 26-08-2023 | 2023-00420111 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20393626 | |
| 31-12-2020 | micro format | 28-08-2021 | 2021-59100392 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-46700013 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-51000469 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-55700451 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-48900310 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-50200148 |
Board & ownership
Directors
Directors
Last change in 2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid. Bij gebrek aan bepaling van de duurtijd, wordt hun mandaat geacht van…”
deed of 19-07-2022Owners and capital
Capital transactions
Capital over time
- 19-07-2022 Converted to unavailable equity · €108,561
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Lieven Vanassche |
|
Articles of association
- Custody of recordsThe books and records are kept for at least five years after liquidation. The articles set where.
- “Ten huize van de heer Lieven Vanassche, 5”
Articles of association, deed of 24-02-2026 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of DYNAMICDYNAMIC sits on their board1
1 location
Connections & network
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2026
24-02
Gazette deed
Dissolution with immediate closure of the liquidationResignation: Lieven Vanassche (director) · Auditor report · Power of attorney6 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Resignation: Lieven Vanassche (director) · Auditor report · Power of attorney6 points ▸
- General meeting, 05-11-2025
- Auditor report, 04-11-2025
- Dissolution, 2025-11
- Director resignation, Lieven Vanassche (director)
- Liquidation closure, “de besloten vennootschap "Dynamic" voormeld, definitief opgehouden heeft te bestaan, alle voorwaarden van artikelen 2:71 en 2:80 W.V.V. nageleefd” (deed in Dutch)
- Power of attorney, Fidexco
2025
29-08
micro format · 29 days late
2024
31-12
Financial
Highest result from 2018 to 2024net €114,123 ▲7,050%
The operating result of €166,741 and the net result of €114,123 are both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 4.48
The current ratio rises from 1.76 to 4.48.
31-12
Financial
Equity above €150,000equity €183,138 ▲165%
With a profit in every financial year since 2018, equity grows to €183,138.
28-08
micro format · 28 days late
2023
31-12
Financial
Weakest financial yearnet €1,596 ▼82.2%
The net result drops to €1,596, the lowest from 2018 to 2024.
26-08
micro format · 26 days late
2022
30-08
micro format · 30 days late
19-07
Gazette deed
Change of role: Lieven Vanassche, from manager to directorCapital conversion · Reserve release · Amendment of the articles12 points ▸
Gazette deed
Change of role: Lieven Vanassche, from manager to director
Capital conversion · Reserve release · Amendment of the articles12 points ▸
- Other provision, “algemenevergadering, aanpassingstatutenenbehoudrechtsvormBV” (deed in Dutch)
- Capital conversion, “statutaironbeschikbareeigenvermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaarmakenvooruitkering, opheffing” (deed in Dutch)
- Amendment of the articles
- Director resignation, Lieven Vanassche (manager)
- Director appointment, Lieven Vanassche (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder(s)” (deed in Dutch)
- Registered office clause, “Heulekouter 19,8560 Wevelgem(Gullegem)” (deed in Dutch)
- Purpose change
- Asset distribution, 91681.82, “zonder vernietiging van aandelen,met evenredige vermindering fractiewaarde” (deed in Dutch)
- Power of attorney
- Power of attorney, Pieterjan Noreillie
2021
31-12
Financial
Equity above €150,000equity €151,750 ▲3.2%
With a profit in every financial year since 2018, equity grows to €151,750.
28-08
micro format · 28 days late
Show earlier events
2020
27-08
micro format · 27 days late
2019
23-08
micro format · 23 days late
2018
29-08
micro format · 29 days late
2017
28-08
micro format · 28 days late
2016
29-08
abbreviated format · 29 days late
1987
27-03
Gazette deed
Incorporation
16 publications in the Belgian Official Gazette, the last on 24-02-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
DYNAMIC is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2024
- Last registered office
- Heulekouter 19, 8560 Wevelgemas published on 24 February 2026
- Legal form
- Private limited company
- First annual accounts
- financial year 1987
Purpose, financial year and meetings according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Dagbladhandel met inbegrip van handel in weekbladen,tijdschriften,maandbladen enzomeer in de meest uitgebreide zin,alle vervoer die…”
4 activities
- Dagbladhandel met inbegrip van handel in weekbladen,tijdschriften,maandbladen enzomeer in de meest uitgebreide zin,alle vervoer die hieromtrent betrekking heeft en dit zowel in het binnen-als het buitenland,
- Optreden als verzekeringsmakelaar
- Verkoop van bureelartikelen en schoolgerief in de meest uitgebreide zin
- Optreden als tussenpersoon bij verhandelingen met betrekking tot lotto,nationale loterij,enzomeer.
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “aandeelhouders die ten minste drie vierden van de aandelen bezitten. 6/ De jaarvergadering. Ieder jaar wordt een gewone algemene vergadering…”
Articles of association, deed of 19-07-2022 (in Dutch)