DYNAMIC
InactiveOverview
Activity
Activity not known
Size
€265,651total assets 2025
- Equity
- €129,697
- Profit
- €17,114
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 of 3 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 days early
2024
33 days early
2023
44 days early
2022
41 days early
2021
17 days early
2020
29 days early
2019
20 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- End & cessationApproval · Net-asset statement ·…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
Equity
€129,697▼ 46.1%
2024 · €240,483
Total assets
€265,651▲ 4.9%
2024 · €253,203
Net result
€17,114▲ 57.4%
2024 · €10,871
Working capital
€114,136▼ 49.3%
2024 · €224,922
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 1% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€14,337
2025
Net result€17,114
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€265,651
2025
Equity€129,697
2025
Debt€135,955
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€114,136
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€32,342-€22,861▼ 29.3%€35,780▲ 56.5%€22,179▼ 38.0%€22,761▲ 2.6%€14,235▼ 37.5%€14,337▲ 0.7%
Net result€21,834-€15,962▼ 26.9%€26,203▲ 64.2%€16,523▼ 36.9%€16,654▲ 0.8%€10,871▼ 34.7%€17,114▲ 57.4%
Equity€154,270-€170,232▲ 10.3%€196,435▲ 15.4%€212,958▲ 8.4%€229,612▲ 7.8%€240,483▲ 4.7%€129,697▼ 46.1%
Total assets€168,118-€180,900▲ 7.6%€231,456▲ 27.9%€225,257▼ 2.7%€243,024▲ 7.9%€253,203▲ 4.2%€265,651▲ 4.9%
Debt€13,848-€10,668▼ 23.0%€35,020▲ 228%€12,299▼ 64.9%€13,412▲ 9.0%€12,720▼ 5.2%€135,955▲ 969%
Working capital€154,523-€170,657▲ 10.4%€157,164▼ 7.9%€180,559▲ 14.9%€205,632▲ 13.9%€224,922▲ 9.4%€114,136▼ 49.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265,651
Fixed assets
€15,986 =
Current assets
€249,666 ▲ 5.2%
Equity and liabilities €265,651
Equity
€129,697 ▼ 46.1%
Debt
€135,955 ▲ 969%
Debt's share of the balance-sheet total rises from 5.0% to 51.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14,337▼
2024 · €22,655
Cash flow
€17,114▼
2024 · €19,290
Current ratio
1.84▼
2024 · 19.29
Debt to equity
1.05▲
2024 · 0.05
ROE
13.2%▲
2024 · 4.5%
ROA
6.4%▲
2024 · 4.3%
Interest coverage
over 100▲
2024 · 48.10
Debt ≤ 1 year
€135,530▲
2024 · €12,295
Income taxes
€7,266▲
2024 · €6,687
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5,200 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €262 | €261 | €853 | €8,420 | €8,420 | €8,420 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | €1,788 | €1,098 | €1,144 | €1,151 | €1,383 | ▲ 20.1% |
| Gross operating margin9900 | €33,949 | €23,919 | €38,422 | €31,696 | €32,324 | €23,806 | €15,720 | ▼ 34.0% |
| Operating profit (loss)9901 | €32,342 | €22,861 | €35,780 | €22,179 | €22,761 | €14,235 | €14,337 | ▲ 0.7% |
| Financial income75/76B | - | - | €3,164 | €3,967 | €3,505 | €3,794 | €10,108 | ▲ 166% |
| Recurring financial income75 | €3,096 | €3,045 | €3,164 | €3,967 | €3,505 | €3,794 | €10,108 | ▲ 166% |
| Financial charges65/66B | - | - | €27 | €83 | €35 | €471 | €65 | ▼ 86.2% |
| Recurring financial charges65 | €55 | €26 | €27 | €83 | €35 | €471 | €65 | ▼ 86.2% |
| Profit (loss) for the period before taxes9903 | €35,383 | €25,880 | €38,917 | €26,062 | €26,232 | €17,558 | €24,380 | ▲ 38.9% |
| Income taxes67/77 | €13,549 | €9,918 | €12,715 | €9,539 | €9,578 | €6,687 | €7,266 | ▲ 8.7% |
| Profit (loss) for the period9904 | €21,834 | €15,962 | €26,203 | €16,523 | €16,654 | €10,871 | €17,114 | ▲ 57.4% |
| Profit (loss) for the period to be appropriated9905 | €21,834 | €15,962 | €26,203 | €16,523 | €16,654 | €10,871 | €17,114 | ▲ 57.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €168,118 | €180,900 | €231,456 | €225,257 | €243,024 | €253,203 | €265,651 | ▲ 4.9% |
| Fixed assets21/28 | €261 | - | €41,244 | €32,825 | €24,405 | €15,986 | €15,986 | = |
| Tangible fixed assets22/27 | €261 | - | €41,244 | €32,825 | €24,405 | €15,986 | €15,986 | = |
| Furniture and vehicles24 | - | - | €41,244 | €32,825 | €24,405 | €15,986 | €15,986 | = |
| Current assets29/58 | €167,857 | €180,900 | €190,211 | €192,433 | €218,619 | €237,217 | €249,666 | ▲ 5.2% |
| Amounts receivable within one year40/41 | €5,217 | €5,526 | €29,370 | €5,237 | €4,564 | €5,565 | €5,307 | ▼ 4.6% |
| Trade receivables40 | - | - | €5,098 | €5,237 | €4,564 | €3,614 | €5,307 | ▲ 46.8% |
| Other amounts receivable41 | - | - | €24,272 | €0 | - | €1,951 | €0 | ▼ 100% |
| Current investments50/53 | €86,637 | €86,637 | €86,637 | €86,637 | €86,637 | €222,190 | €175,238 | ▼ 21.1% |
| Cash at bank and in hand54/58 | €76,003 | €88,737 | €73,664 | €100,428 | €127,284 | €9,261 | €68,911 | ▲ 644% |
| Deferred charges and accrued income490/1 | - | - | €541 | €130 | €135 | €202 | €210 | ▲ 3.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €168,118 | €180,900 | €231,456 | €225,257 | €243,024 | €253,203 | €265,651 | ▲ 4.9% |
| Equity10/15 | €154,270 | €170,232 | €196,435 | €212,958 | €229,612 | €240,483 | €129,697 | ▼ 46.1% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €134,900 | €150,800 | €177,000 | €193,500 | €210,000 | €220,860 | €110,060 | ▼ 50.2% |
| Non-distributable reserves130/1 | - | - | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves not available under the articles1311 | - | - | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Distributable reserves133 | - | - | €170,000 | €186,500 | €203,000 | €213,860 | €103,060 | ▼ 51.8% |
| Profit (loss) carried forward14 | €770 | €832 | €835 | €858 | €1,012 | €1,023 | €1,037 | ▲ 1.4% |
| Amounts payable17/49 | €13,848 | €10,668 | €35,020 | €12,299 | €13,412 | €12,720 | €135,955 | ▲ 969% |
| Amounts payable within one year42/48 | €13,334 | €10,243 | €33,047 | €11,874 | €12,987 | €12,295 | €135,530 | ▲ 1,002% |
| Trade debts44 | €238 | €904 | €275 | €892 | €764 | €635 | €70 | ▼ 88.9% |
| Suppliers440/4 | - | - | €275 | €892 | €764 | €635 | €70 | ▼ 88.9% |
| Taxes, remuneration and social security45 | - | - | €0 | €3,152 | €3,182 | €1,807 | €1,952 | ▲ 8.0% |
| Taxes450/3 | - | - | €0 | €3,152 | €3,182 | €1,807 | €1,952 | ▲ 8.0% |
| Other amounts payable47/48 | - | - | €32,772 | €7,829 | €9,041 | €9,852 | €133,507 | ▲ 1,255% |
| Accrued charges and deferred income492/3 | - | - | €1,974 | €425 | €425 | €425 | €425 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,834 | €15,962 | €26,203 | €16,523 | €16,654 | €10,871 | €17,114 | ▲ 57.4% |
| + Depreciation and write-downs630 | €262 | €261 | €853 | €8,420 | €8,420 | €8,420 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €22,096 | €16,223 | €27,056 | €24,943 | €25,073 | €19,290 | €17,114 | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €12,734 | -€15,073 | €26,764 | €26,856 | -€118,024 | €59,650 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 12-03-2026 | 2026-00052858 |
| 30-09-2024 | micro format | 28-03-2025 | 2025-00057514 |
| 30-09-2023 | micro format | 17-03-2024 | 2024-00044774 |
| 30-09-2022 | micro format | 20-03-2023 | 2023-00041540 |
| 30-09-2021 | micro format | 13-04-2022 | 2022-20003066 |
| 30-09-2020 | micro format | 01-04-2021 | 2021-09500473 |
| 30-09-2019 | micro format | 10-04-2020 | 2020-09200342 |
| 30-09-2018 | micro format | 23-05-2019 | 2019-14200150 |
| 30-09-2017 | micro format | 03-04-2018 | 2018-09200429 |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08600235 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 16-06-2026 ↗
- Robert Muys
- Marie Louise Blomme
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
16-06
Gazette deed
End & cessationApproval · Net-asset statement · Auditor report20 facts ▸
Gazette deed
End & cessation
Approval · Net-asset statement · Auditor report20 facts ▸
- General meeting, 28-05-2026
- Approval, “goedkeuring rekeningen en verrichtingen, lopende boekjaar tot op heden” (deed in Dutch)
- Other provision, 10-04-2026
- Net-asset statement, 31-03-2026
- Auditor report, 27-05-2026
- Dissolution, “bijzondere omstandigheden eigen aan vennootschap en eenvoud vereffening, artikel 2:80 WVV” (deed in Dutch)
- Real estate, “onroerende goederen of onroerende zakelijke rechten” (deed in Dutch)
- Other provision, “vaststelling voldoen voorwaarden artikel 2:80 WVV” (deed in Dutch)
- Other provision, “bevestigingen bestuurder schulden en kosten” (deed in Dutch)
- Other provision, “vaststelling terugbetaling of consignatie schulden derden” (deed in Dutch)
- Other provision, “verklaring geen wijzigingen staat activa en passiva tot vergadering met niet-aangezuiverde schuld, bestuurder” (deed in Dutch)
- Liquidation closure
- +8 further facts in this act
12-03
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
28-03
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-09
Financial
Weakest financial yearnet €10,871 ▼34.7%
Net result drops to €10,871, the lowest in the series.
17-03
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
20-03
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
30-09
Financial
Liquidity more than doubledcurrent ratio 16.21
Current ratio from 5.76 to 16.21; short-term debt falls from €33,047 to €11,874.
30-09
Financial
Equity above €200,000equity €212,958 ▲8.4%
A profit in every financial year since 2019 builds equity to €212,958.
13-04
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
30-09
Financial
Highest result from 2019 to 2025net €26,203 ▲64.2%
Operating result €35,780, net result €26,203, both a record.
01-04
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
10-04
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
23-05
NBB filing
Annual accounts filed
financial year 2018 · micro format · 23 days late
2018
03-04
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
31-03
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Recognitions · licences · registrations
Legal Entity Identifier
875500WVBMWRVLD3PP68
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Beernem
Ground area
1,716 m²
Building footprint
228 m²
Building volume
1,078 m³
Parcel 31021B0299/00N000, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31021B0299/00N000 | Flanders | 1,716 m² | 1 · 228 m² | 8.0 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Artikel 2:80 WVV, ten minste helft totaal aantal uitgegeven aandelen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Som terugbetaalde inbreng en aandeel vereffeningssaldo, artikel 2:104 §3 WVV” (deed in Dutch)
Read from the deeds: 2 provisions, deed of 16-06-2026