Equity
-€82,839
Debts exceed assets in financial year 2024.
Dynamic Engineering
Lifetime
15 annual accounts with figures on one time axispeak €123,783 (2019)
€35,815▼ 55.5%
lowest -€57,596 (2021)
-€1,317▲ €12,170
peak €63,972 (2017)
-€82,839▲ €11,083
€381,936▼ 44.9%
peak 2.1 FTE (2018)
-not published
Board2 names since 2021
1 directorSG HOME INVEST
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from €80,479 to €35,815Loss of €1,317Registered office moved from Zaventem - Hoogstraat to Waterma… 04-11Debts from €692,720 to €381,936
Key points
from the 2024 annual accountsLosses
-€150,889 in seven years
Every financial year from 2018 to 2024 closed with a loss. 2021 was the heaviest.
Debts
€381,936 128% of the balance sheet
After one year 38%Within one year 62%
Of this, €237,423 falls due within a year.
Filings
15 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
328 companies
Position in the sector
-€82,839
Less equity than 95% of companies in architecture and engineering. Sector median €67,276 · 11,504 companies.
Checked score
53
Fair
Financially stronger than 24% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.6%
01-2025: 5.5%▼ -0.1 percentage points vs 12-2024
02-2025: 5.6%▲ +0.1 percentage points vs 01-2025
03-2025: 4.6%▼ -1.0 percentage point vs 02-2025
04-2025: 4.6%● unchanged vs 03-2025
05-2025: 4.3%▼ -0.3 percentage points vs 04-2025
06-2025: 4.1%▼ -0.2 percentage points vs 05-2025
07-2025: 4.0%▼ -0.1 percentage points vs 06-2025
08-2025: 4.3%▲ +0.3 percentage points vs 07-2025
10-2025: 5.7%highest value
11-2025: 2.5%▼ -3.2 percentage points vs 10-2025
12-2025: 2.5%● unchanged vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.6%▲ +0.1 percentage points vs 01-2026
03-2026: 2.5%▼ -0.1 percentage points vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.4%▼ -0.1 percentage points vs 04-2026
06-2026: 2.3%▼ -0.1 percentage points vs 05-2026
07-2026: 2.4%▲ +0.1 percentage points vs 06-2026
08-2026: 2.8%▲ +0.4 percentage points vs 07-2026
09-2026: 3.2%▲ +0.4 percentage points vs 08-2026
10-2026: 3.8%▲ +0.6 percentage points vs 09-2026
11-2026: 1.9%▼ -1.9 percentage points vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 08-10-2025)
Liquidity: current ratio 0.01, cash €2,865
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €299,097
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 3% of them on solvency, 4% on liquidity, 29% on profitability and 59% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as Dynamic Engineering has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Dynamic Engineering itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for Dynamic Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.03 in 2023), below 1. Short-term debt is 79.4% and cash 1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Eight signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€82,839
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
111 days late
2022
193 days late
2021
78 days late
2020
1 day early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Recent changes
Bankruptcy reversal
Enterprise Court of Brussels · judgment of 19-09-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Brussels · judgment of 05-08-2025 · Bankruptcy
1 director appointed, 1 resignation
Resignation: SG HOME INVEST · Permanent representative: Gabriel Gokalp · Appointment: Samiyel Gokalp · Board meeting of 30-05-2025 · Gazette deed
Registered office moved from Zaventem - Hoogstraat to Watermael-Boitsfort
New registered office: Giervalkenlaan 10 bus 34, 1170 Watermaal-Bosvoorde · Previous registered office: 57, 1930 Zaventem - Hoogstraat · Resignation: Samiyel Gokalp (director) · Board meeting of 30-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dynamic Engineering Watermael-Boitsfort | €299,097 | €35,815 | -27.7% | - |
| RIDACO Ixelles | €270,534 | €32,415 | 93.7% | - |
| Positive Invest Zele | €338,292 | €38,636 | 94.5% | - |
| THE PROTOCOL ROOM Lievegem | €280,202 | €38,557 | 49.6% | - |
| CVNIndustries Aalter | €258,546 | €38,767 | 29.5% | - |
| SkyCom Gerpinnes | €250,037 | €36,553 | 37.9% | - |
| REPA Berlare | €252,526 | €37,548 | 95.4% | - |
These companies have the same main activity as Dynamic Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €250,000 and €338,000, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 30-07-2009Normal situation
- Registered office
- 330 active companies are registered at this address71 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.181.107.5541930 Zaventem, since 30-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 23-02-2024
Annual accounts 2024
- ≈ €110,000estimated
- €299,097▼ 50.1%
- ≈ 0.6 FTEestimated
- Filing
- Filed on 30-09-2025
Insights on Dynamic Engineering
Dynamic Engineering files the micro format. That format states no turnover. The gross margin rose from €14,621 in 2010 to €35,815 in 2024.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Dynamic Engineering
- What is the company number of Dynamic Engineering?
- The company number of Dynamic Engineering is 0817.482.247. The VAT number is the same number with BE in front: BE 0817.482.247.
- Where is Dynamic Engineering based?
- The registered office is at Giervalkenlaan 10, 1170 Watermael-Boitsfort.Company details
- What does Dynamic Engineering do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Dynamic Engineering?
- Dynamic Engineering is a private limited company (BV).
- When was Dynamic Engineering founded?
- Dynamic Engineering was founded on 30-07-2009.
- Is Dynamic Engineering still active?
- Yes, Dynamic Engineering is an active enterprise in the KBO register.
- How many employees does Dynamic Engineering have?
- Dynamic Engineering had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of Dynamic Engineering?
- The turnover in financial year 2024 is ≈ €110,000. This figure is estimated from the gross margin of €35,815 and 32 comparable companies (NACE 71121). It probably lies between €71,000 and €150,000.
- Is Dynamic Engineering profitable?
- In financial year 2024, Dynamic Engineering made a loss of €1,317.
- Where can I find the annual accounts of Dynamic Engineering?
- Dynamic Engineering filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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