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Dynamic Development

Active
Private limited companyfounded 2020active for 5 yearsBoterbloemstraat 14, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0756.956.623
Summary

Dynamic Development has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,873 and a net result of €73,278. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 29% of 9,496 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Equity
€106,873▲ 2.6%
2024 · €104,183
Total assets
€445,463▼ 1.5%
2024 · €452,146
Net result
€73,278▲ 91.3%
2024 · €38,300
Working capital
-€103,444▼ 23.8%
2024 · -€83,545
Trend over the years

2021 to 2025, 5 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 64% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€131,022 2025 Net result€73,278 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€9,003-€45,226▲ 402%€41,972▼ 7.2%€79,890▲ 90.3%€131,022▲ 64.0%
Net result€7,260within the sector's middle half-€33,730within the sector's middle half▲ 365%€23,393within the sector's middle half▼ 30.6%€38,300within the sector's middle half▲ 63.7%€73,278above the sector's middle half▲ 91.3%
Equity€8,760below the sector's middle half-€42,490within the sector's middle half▲ 385%€65,883within the sector's middle half▲ 55.1%€104,183within the sector's middle half▲ 58.1%€106,873within the sector's middle half▲ 2.6%
Total assets€11,933below the sector's middle half-€317,684within the sector's middle half▲ 2,562%€510,686above the sector's middle half▲ 60.8%€452,146above the sector's middle half▼ 11.5%€445,463above the sector's middle half▼ 1.5%
Debt€3,173-€275,194▲ 8,574%€444,802▲ 61.6%€347,963▼ 21.8%€338,590▼ 2.7%
Working capital€7,815within the sector's middle half--€37,632below the sector's middle half€28,074within the sector's middle half-€83,545below the sector's middle half-€103,444below the sector's middle half▼ 23.8%
Solvency73.4%above the sector's middle half-13.4%below the sector's middle half▼ 60.0pp12.9%below the sector's middle half▼ 0.5pp23.0%within the sector's middle half▲ 10.1pp24.0%within the sector's middle half▲ 0.9pp
Current ratio3.46within the sector's middle half-0.29below the sector's middle half▼ 3.171.29within the sector's middle half▲ 1.000.23below the sector's middle half▼ 1.050.26below the sector's middle half▲ 0.03
Return on assets (ROA)60.8%above the sector's middle half-10.6%within the sector's middle half▼ 50.2pp4.6%within the sector's middle half▼ 6.0pp8.5%within the sector's middle half▲ 3.9pp16.4%within the sector's middle half▲ 8.0pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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 €445,463
Fixed assets €408,471 ▼ 4.3%
Current assets €36,992 ▲ 46.6%
Equity and liabilities €445,463
Equity €106,873 ▲ 2.6%
Debt €338,590 ▼ 2.7%
Debt's share of the balance-sheet total falls from 77.0% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€159,503▲
2024 · €105,506
Cash flow
€101,759▲
2024 · €63,916
Debt to equity
3.17▼
2024 · 3.34
ROE
68.6%▲
2024 · 36.8%
Interest coverage
7.52▲
2024 · 4.11
Debt ≤ 1 year
€140,436▲
2024 · €108,777
Debt > 1 year
€198,153▼
2024 · €239,185
Income taxes
€36,895▲
2024 · €16,445
Staff costs
€766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€452,146€445,463▼
Fixed assets21/28€426,914€408,471▼
Tangible fixed assets22/27€426,914€408,471▼
Land and buildings22€409,046€387,942▼
Plant, machinery and equipment23€821€4,296▲
Furniture and vehicles24€17,047€16,233▼
Current assets29/58€25,232€36,992▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€24,452€36,988▲
Trade receivables40€9,680€0▼
Other amounts receivable41€14,772€36,988▲
Cash at bank and in hand54/58€779€3▼
Equity and liabilities
Total equity and liabilities10/49€452,146€445,463▼
Equity10/15€104,183€106,873▲
Contributions10/11€1,500€1,500=
Reserves13-€105,373
Distributable reserves133-€105,373
Profit (loss) carried forward14€102,683€0▼
Amounts payable17/49€347,963€338,590▼
Amounts payable after more than one year17€239,185€198,153▼
Financial debts170/4€239,185€198,153▼
Amounts payable within one year42/48€108,777€140,436▲
Current portion of amounts payable after more than one year42€16,637€17,232▲
Financial debts43€9,921€10,502▲
Credit institutions430/8€9,921€10,502▲
Trade debts44€17,979€23,787▲
Suppliers440/4€17,979€23,787▲
Taxes, remuneration and social security45€59,417€73,916▲
Taxes450/3€51,917€73,916▲
Remuneration and social security454/9€7,500€0▼
Other amounts payable47/48€4,822€15,000▲
Income statement Code20242025
Remuneration, social security and pensions62-€766
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,616€28,480▲
Other operating charges640/8€5,397€9,057▲
Non-recurring operating charges66A€6,556€0▼
Gross operating margin9900€117,459€169,326▲
Operating profit (loss)9901€79,890€131,022▲
Financial income75/76B€505€351▼
Recurring financial income75€505€351▼
Financial charges65/66B€25,650€21,200▼
Recurring financial charges65€25,650€21,200▼
Profit (loss) for the period before taxes9903€54,745€110,173▲
Income taxes67/77€16,445€36,895▲
Profit (loss) for the period9904€38,300€73,278▲
Profit (loss) for the period to be appropriated9905€38,300€73,278▲
Appropriation of the result
Profit (loss) to be appropriated9906€102,683€175,962▲
Profit (loss) brought forward from the previous period14P€64,383€102,683▲
Transfer to equity691/2-€105,373
To other reserves6921-€105,373
Profit to be distributed694/7-€70,588
Return on contributions (dividend)694-€70,588

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62----€766-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,002€21,799€23,569€25,616€28,480▲ 11.2%
Other operating charges640/8-€731€10,837€5,397€9,057▲ 67.8%
Non-recurring operating charges66A---€6,556€0▼ 100%
Gross operating margin9900€11,352€67,756€76,378€117,459€169,326▲ 44.2%
Operating profit (loss)9901€9,003€45,226€41,972€79,890€131,022▲ 64.0%
Financial income75/76B--€3€505€351▼ 30.6%
Recurring financial income75--€3€505€351▼ 30.6%
Financial charges65/66B-€3,118€10,203€25,650€21,200▼ 17.3%
Recurring financial charges65-€3,118€10,203€25,650€21,200▼ 17.3%
Profit (loss) for the period before taxes9903€9,003€42,108€31,772€54,745€110,173▲ 101%
Income taxes67/77€1,743€8,378€8,379€16,445€36,895▲ 124%
Profit (loss) for the period9904€7,260€33,730€23,393€38,300€73,278▲ 91.3%
Profit (loss) for the period to be appropriated9905€7,260€33,730€23,393€38,300€73,278▲ 91.3%
Line20212022202320242025Change
Assets
Total assets20/58€11,933€317,684€510,686€452,146€445,463▼ 1.5%
Fixed assets21/28€945€302,334€384,267€426,914€408,471▼ 4.3%
Tangible fixed assets22/27€945€302,334€384,267€426,914€408,471▼ 4.3%
Land and buildings22-€300,691€379,062€409,046€387,942▼ 5.2%
Plant, machinery and equipment23-€560€174€821€4,296▲ 423%
Furniture and vehicles24-€1,083€5,031€17,047€16,233▼ 4.8%
Current assets29/58€10,988€15,350€126,419€25,232€36,992▲ 46.6%
Stocks and contracts in progress3--€119,705€0--
Stocks30/36--€119,705€0--
Amounts receivable within one year40/41€6,276€15,350€6,714€24,452€36,988▲ 51.3%
Trade receivables40-€10,117€6,049€9,680€0▼ 100%
Other amounts receivable41-€5,234€665€14,772€36,988▲ 150%
Cash at bank and in hand54/58€4,712--€779€3▼ 99.6%
Equity and liabilities
Total equity and liabilities10/49€11,933€317,684€510,686€452,146€445,463▼ 1.5%
Equity10/15€8,760€42,490€65,883€104,183€106,873▲ 2.6%
Contributions10/11-€1,500€1,500€1,500€1,500=
Reserves13----€105,373-
Distributable reserves133----€105,373-
Profit (loss) carried forward14€7,260€40,990€64,383€102,683€0▼ 100%
Amounts payable17/49€3,173€275,194€444,802€347,963€338,590▼ 2.7%
Amounts payable after more than one year17-€222,212€346,458€239,185€198,153▼ 17.2%
Financial debts170/4-€222,212€346,458€239,185€198,153▼ 17.2%
Amounts payable within one year42/48€3,173€52,982€98,345€108,777€140,436▲ 29.1%
Current portion of amounts payable after more than one year42-€12,016€17,131€16,637€17,232▲ 3.6%
Financial debts43-€10,804€11,519€9,921€10,502▲ 5.8%
Credit institutions430/8-€10,804€11,519€9,921€10,502▲ 5.8%
Trade debts44€123€21,743€51,020€17,979€23,787▲ 32.3%
Suppliers440/4-€21,743€51,020€17,979€23,787▲ 32.3%
Taxes, remuneration and social security45-€8,419€16,798€59,417€73,916▲ 24.4%
Taxes450/3-€8,419€16,798€51,917€73,916▲ 42.4%
Remuneration and social security454/9---€7,500€0▼ 100%
Other amounts payable47/48--€1,877€4,822€15,000▲ 211%
Line20212022202320242025Change
Profit (loss) for the period9904€7,260€33,730€23,393€38,300€73,278▲ 91.3%
+ Depreciation and write-downs630€2,002€21,799€23,569€25,616€28,480▲ 11.2%
Operating cash flow (approximation)€9,262€55,528€46,962€63,916€101,759▲ 59.2%
Investment in fixed assets (approximation)--€323,187-€105,502-€68,263-€10,038▲ 85.3%
Change in cash-----€776-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Subsidies and aid

Flemish government

2024 · 1 entry · €59 awarded · €59 paid
Schemes
1 entry · €59 · €59 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.