DYNAMIC CENTER
ActiveSummary
DYNAMIC CENTER has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €677k and a net result of €82k. Equity is growing by ~66.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+1
Solvency90▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.74 in 2023; short-term debt: 29.5% and cash: 0.2% of total assets), and 35.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64.6%
Return on assets
7.8%
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 29-08-2025, 29 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
29 d late
2023
30 d late
2022
31 d late
2021
78 d late
2020
29 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€677k▲ 8.3%
2023 · €625k
2018: €118k
2019: €145k▲ +22.3% vs 2018
2020: €118k▼ -18.6% vs 2019lowest in 7 years
2021: €152k▲ +29.6% vs 2020
2022: €576k▲ +278% vs 2021
2023: €625k▲ +8.6% vs 2022
2024: €677k▲ +8.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.05M▼ 1.5%
2023 · €1.07M
2018: €943k
2019: €922k▼ -2.2% vs 2018
2020: €801k▼ -13.1% vs 2019
2021: €750k▼ -6.4% vs 2020lowest in 7 years
2022: €1.07M▲ +43.2% vs 2021highest in 7 years
2023: €1.07M▼ -0.9% vs 2022
2024: €1.05M▼ -1.5% vs 2023
2018 → 2024
Net result
€82k▲ 3.4%
2023 · €79k
2018: €33k
2019: €26k▼ -19.4% vs 2018
2020: €-27k▼ -202% vs 2019lowest in 7 years
2021: €35k▲ +229% vs 2020
2022: €24k▼ -32.4% vs 2021
2023: €79k▲ +237% vs 2022
2024: €82k▲ +3.4% vs 2023highest in 7 years
2018 → 2024
Working capital
€-24k▲ 73.2%
2023 · €-88k
2018: €-63k
2019: €-54k▲ +13.2% vs 2018
2020: €-64k▼ -17.3% vs 2019
2021: €-81k▼ -26.6% vs 2020
2022: €-134k▼ -65.5% vs 2021lowest in 7 years
2023: €-88k▲ +33.8% vs 2022
2024: €-24k▲ +73.2% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€118k-€152k▲ 29.6%€576k▲ 278%€625k▲ 8.6%€677k▲ 8.3%
2020: €118klowest in 5 years
2021: €152k▲ +29.6% vs 2020
2022: €576k▲ +278% vs 2021
2023: €625k▲ +8.6% vs 2022
2024: €677k▲ +8.3% vs 2023highest in 5 years
Operating result€2k-€62k▲ 3,801%€55k▼ 10.3%€134k▲ 142%€139k▲ 3.4%
2020: €2klowest in 5 years
2021: €62k▲ +3801% vs 2020
2022: €55k▼ -10.3% vs 2021
2023: €134k▲ +142% vs 2022
2024: €139k▲ +3.4% vs 2023highest in 5 years
Net result€-27k-€35k€24k▼ 32.4%€79k▲ 237%€82k▲ 3.4%
2020: €-27klowest in 5 years
2021: €35k▲ +229% vs 2020
2022: €24k▼ -32.4% vs 2021
2023: €79k▲ +237% vs 2022
2024: €82k▲ +3.4% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.05M
Fixed assets
€763k ▼ 5.6%
Current assets
€286k ▲ 11.3%
Equity and liabilities €1.05M
Equity
€677k ▲ 8.3%
Debt
€372k ▼ 15.5%
Debt's share of the balance-sheet total falls from 41.3% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€184k▲
2023 · €177k
Cash flow
€127k▲
2023 · €122k
Current ratio
0.92▲
2023 · 0.74
Quick ratio
0.06▲
2023 · 0.02
Debt to equity
0.55▼
2023 · 0.70
ROE
12.1%▼
2023 · 12.7%
ROA
7.8%▲
2023 · 7.4%
Interest coverage
8.04▼
2023 · 8.83
Debt ≤ 1 year
€310k▼
2023 · €346k
Debt > 1 year
€62k▼
2023 · €94k
Income taxes
€35k▲
2023 · €35k
Staff costs
€34k▼
2023 · €39k
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 · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.07M€1.05M▼
Fixed assets21/28€808k€763k▼
Tangible fixed assets22/27€808k€763k▼
Land and buildings22€781k€743k▼
Plant, machinery and equipment23€17k€13k▼
Furniture and vehicles24€10k€7k▼
Financial fixed assets28€250€250=
Current assets29/58€257k€286k▲
Stocks and contracts in progress3€249k€268k▲
Stocks30/36€249k€268k▲
Amounts receivable within one year40/41€2k€11k▲
Trade receivables40€2k€11k▲
Other amounts receivable41€795-
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.05M▼
Equity10/15€625k€677k▲
Contributions10/11€110k€110k=
Revaluation surpluses12€400k€400k=
Reserves13€21k€36k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€15k€30k▲
Profit (loss) carried forward14€94k€131k▲
Amounts payable17/49€440k€372k▼
Amounts payable after more than one year17€94k€62k▼
Financial debts170/4€94k€62k▼
Amounts payable within one year42/48€346k€310k▼
Current portion of amounts payable after more than one year42€184k€162k▼
Financial debts43€12k€11k▼
Credit institutions430/8€12k€11k▼
Trade debts44€36k€43k▲
Suppliers440/4€36k€43k▲
Taxes, remuneration and social security45€40k€44k▲
Taxes450/3€35k€37k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€74k€50k▼
Income statement
Code20232024
Remuneration, social security and pensions62€39k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€45k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k-
Other operating charges640/8€22k€17k▼
Gross operating margin9900€252k€236k▼
Operating profit (loss)9901€134k€139k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€20k€23k▲
Recurring financial charges65€20k€23k▲
Profit (loss) for the period before taxes9903€114k€117k▲
Income taxes67/77€35k€35k▲
Profit (loss) for the period9904€79k€82k▲
Profit (loss) for the period to be appropriated9905€79k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€176k▲
Profit (loss) brought forward from the previous period14P€60k€94k▲
Transfer to equity691/2€15k€15k=
To other reserves6921€15k€15k=
Profit to be distributed694/7€30k€30k=
Return on contributions (dividend)694€30k€30k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7k | €30k | €39k | €34k | ▼ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90k | €86k | €76k | €43k | €45k | ▲ 5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €13k | - | - |
| Other operating charges640/8 | - | €15k | €16k | €22k | €17k | ▼ 22.2% |
| Gross operating margin9900 | €114k | €170k | €179k | €252k | €236k | ▼ 6.2% |
| Operating profit (loss)9901 | €2k | €62k | €55k | €134k | €139k | ▲ 3.4% |
| Financial income75/76B | - | €548 | €13 | - | €1k | - |
| Recurring financial income75 | - | €548 | €13 | - | €1k | - |
| Financial charges65/66B | - | €27k | €21k | €20k | €23k | ▲ 14.0% |
| Recurring financial charges65 | €29k | €27k | €21k | €20k | €23k | ▲ 14.0% |
| Profit (loss) for the period before taxes9903 | €-27k | €36k | €35k | €114k | €117k | ▲ 2.6% |
| Income taxes67/77 | - | €975 | €11k | €35k | €35k | ▲ 0.9% |
| Profit (loss) for the period9904 | €-27k | €35k | €24k | €79k | €82k | ▲ 3.4% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €35k | €24k | €79k | €82k | ▲ 3.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €801k | €750k | €1.07M | €1.07M | €1.05M | ▼ 1.5% |
| Fixed assets21/28 | €531k | €459k | €804k | €808k | €763k | ▼ 5.6% |
| Tangible fixed assets22/27 | €530k | €459k | €804k | €808k | €763k | ▼ 5.6% |
| Land and buildings22 | - | €406k | €771k | €781k | €743k | ▼ 4.8% |
| Plant, machinery and equipment23 | - | €38k | €2k | €17k | €13k | ▼ 25.0% |
| Furniture and vehicles24 | - | €14k | €30k | €10k | €7k | ▼ 29.6% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €271k | €291k | €271k | €257k | €286k | ▲ 11.3% |
| Stocks and contracts in progress3 | €252k | €223k | €251k | €249k | €268k | ▲ 7.5% |
| Stocks30/36 | - | €223k | €251k | €249k | €268k | ▲ 7.5% |
| Amounts receivable within one year40/41 | €15k | €807 | €14k | €2k | €11k | ▲ 391% |
| Trade receivables40 | - | €11 | €13k | €2k | €11k | ▲ 646% |
| Other amounts receivable41 | - | €795 | €1k | €795 | - | - |
| Cash at bank and in hand54/58 | €313 | €57k | €1k | €1k | €2k | ▲ 19.2% |
| Deferred charges and accrued income490/1 | - | €10k | €4k | €4k | €5k | ▲ 24.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €801k | €750k | €1.07M | €1.07M | €1.05M | ▼ 1.5% |
| Equity10/15 | €118k | €152k | €576k | €625k | €677k | ▲ 8.3% |
| Contributions10/11 | - | €110k | €110k | €110k | €110k | = |
| Revaluation surpluses12 | - | - | €400k | €400k | €400k | = |
| Reserves13 | €6k | €6k | €6k | €21k | €36k | ▲ 70.0% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | - | €15k | €30k | ▲ 100% |
| Profit (loss) carried forward14 | €1k | €36k | €60k | €94k | €131k | ▲ 39.4% |
| Amounts payable17/49 | €684k | €598k | €498k | €440k | €372k | ▼ 15.5% |
| Amounts payable after more than one year17 | €346k | €226k | €94k | €94k | €62k | ▼ 34.2% |
| Financial debts170/4 | - | €226k | €94k | €94k | €62k | ▼ 34.2% |
| Amounts payable within one year42/48 | €335k | €372k | €404k | €346k | €310k | ▼ 10.4% |
| Current portion of amounts payable after more than one year42 | - | €233k | €232k | €184k | €162k | ▼ 11.7% |
| Financial debts43 | - | - | €9k | €12k | €11k | ▼ 9.8% |
| Credit institutions430/8 | - | - | €9k | €12k | €11k | ▼ 9.8% |
| Trade debts44 | €53k | €22k | €83k | €36k | €43k | ▲ 19.1% |
| Suppliers440/4 | - | €22k | €83k | €36k | €43k | ▲ 19.1% |
| Taxes, remuneration and social security45 | - | €11k | €9k | €40k | €44k | ▲ 10.1% |
| Taxes450/3 | - | €10k | €8k | €35k | €37k | ▲ 5.1% |
| Remuneration and social security454/9 | - | €972 | €2k | €5k | €7k | ▲ 47.8% |
| Other amounts payable47/48 | - | €106k | €71k | €74k | €50k | ▼ 32.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €35k | €24k | €79k | €82k | ▲ 3.4% |
| + Depreciation and write-downs630 | €90k | €86k | €76k | €43k | €45k | ▲ 5.0% |
| Operating cash flow (approximation) | €63k | €121k | €100k | €122k | €127k | ▲ 4.0% |
| Investment in fixed assets (approximation) | - | €-15k | €-421k | €-47k | €0 | ▲ 100% |
| Change in cash | - | €57k | €-56k | €202 | €265 | ▲ 30.8% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €82k ▲3.4%
Operating result €139k, net result €82k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €576k ▲278%
2 profitable years in a row build equity to €576k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲29.6%
Equity rises from €118k to €152k.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ath · 1 establishment unit since 2007
Ground area
8,018 m²
Building footprint
3,427 m²
Volume, LiDAR
18,669 m³
Parcel 51004B0030/00T000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DYNAMIC CENTER
since 20072.237.577.291
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004B0030/00T000 | Wallonia | 8,018 m² | 1 · 3,427 m² | 8.7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAth2.237.577.291
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Of 1,315 companies in sector 47639 we hold annual accounts for 624. 372 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
Founded15-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
93130Fitness centres
Scores and ratios are computed by Checked and are not a credit decision.