Dynamic Flows
ActiveSummary
Dynamic Flows has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €985,158 and a net result of €137,096. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 54% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-06-2010 Normal situation
- Activity
- Computer programming NACE 62100and 5 others
- Establishment unit
- 2.190.204.966 1410 Waterloo, since 24-06-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €555,387
- ▲ 7.5%
- Turnover
- ≈ €1.5m
- estimated
- Profit
- €137,096
- ▲ 2.0%
- Equity
- €985,158
- ▲ 9.7%
- Total assets
- €1.5m
- ▲ 24.9%
- Employees on 31-12-2025
- 8
- ▲ 14.3%
Score breakdownlowers riskSize: total assets €1.5mSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed on 03-06-2026)Equity €985,158 (63.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 56% of them on solvency, 23% on liquidity, 40% on profitability and 56% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-05-2026 PDF all 15 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 10% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2023 Net result -58% on 2022. The accounts now follow the micro format, last year the full format.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 7 | 8 | 7 | 8 |
| full-time | 5 | 7 | 8 | 7 | 8 |
| in full-time equivalents | 5 | 7 | 8 | 7 | 8 |
| Average over the year, in full-time equivalents | 5 | 7 | 8 | 7 | 8 |
| On a permanent contract | 5 | 7 | 8 | 7 | 8 |
| Joined | 3 | 2 | 2 | 3 | 3 |
| Left | 2 | 0 | 1 | 4 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue tax debts | €60,043 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,652 | €5,479 | €1,521 | - | €1,391 |
| Depreciation and write-downs of the year | €1,522 | €3,090 | €4,169 | €2,862 | €1,702 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Dynamic Flows: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.5m and €1.7m, founded between 2009 and 2012.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Dynamic Flows Waterloo | 2010 | €1.5m | €1.0m | €0.6m | €0.1m | - | 2025 |
| IT&O Sint-Niklaas | 2010 | €1.7m | €1.5m | €0.6m | €0.4m | 1.8 | 2025 |
| EXPERT NETWORK Antwerpen | 2012 | €1.5m | €1.4m | €0.6m | €0.5m | 0 | 2025 |
| MMI SOLUTION Oupeye | 2010 | €1.7m | €1.4m | €0.5m | €0.2m | 2 | 2025 |
| BME Genk | 2009 | €1.7m | -€0.2m | €0.5m | €0.01m | 10.1 | 2025 |
| SPEARPOINT Rijkevorsel | 2011 | €1.7m | -€0.2m | €0.6m | -€0.4m | 12.8 | 2025 |
| PATHOMATION Antwerpen | 2012 | €1.7m | €0.9m | €0.6m | -€0.4m | 7.4 | 2025 |
They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as Dynamic Flows has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Dynamic Flows itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 34,693 companies, not a prediction for Dynamic Flows. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €160,088 | €290,676 | €455,035 | €360,638 | €385,399 | ▲ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,593 | €4,202 | €3,679 | €1,522 | €3,090 | €4,169 | €2,862 | €1,702 | ▼ 40.5% |
| Other operating charges640/8 | - | - | - | €2,441 | €2,848 | €3,360 | €272 | €200 | ▼ 26.3% |
| Gross operating margin9900 | €159,618 | €285,530 | €492,100 | €663,302 | €688,752 | €640,754 | €516,561 | €555,387 | ▲ 7.5% |
| Operating profit (loss)9901 | €56,465 | €106,000 | €342,752 | €499,250 | €392,138 | €178,189 | €152,790 | €168,086 | ▲ 10.0% |
| Financial income75/76B | - | - | - | €91 | €1 | €5,380 | €24,182 | €11,867 | ▼ 50.9% |
| Recurring financial income75 | €45 | €68 | €3 | €91 | €1 | €5,380 | €24,182 | €11,867 | ▼ 50.9% |
| Financial charges65/66B | - | - | - | €1,242 | €5,088 | €5,122 | €717 | €790 | ▲ 10.3% |
| Recurring financial charges65 | €3,560 | €4,667 | €2,515 | €1,242 | €5,088 | €5,122 | €717 | €790 | ▲ 10.3% |
| Profit (loss) for the period before taxes9903 | €52,949 | €101,400 | €340,240 | €498,099 | €387,050 | €178,447 | €176,255 | €179,164 | ▲ 1.7% |
| Income taxes67/77 | €4 | €10 | €23,690 | €102,569 | €81,065 | €50,065 | €41,868 | €42,067 | ▲ 0.5% |
| Profit (loss) for the period9904 | €52,945 | €101,390 | €316,551 | €395,529 | €305,986 | €128,382 | €134,387 | €137,096 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €52,945 | €101,390 | €316,551 | €395,529 | €305,986 | €128,382 | €134,387 | €137,096 | ▲ 2.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.4m | €0.7m | €1.0m | €1.4m | €1.2m | €1.2m | €1.5m | ▲ 24.9% |
| Fixed assets21/28 | €0.008m | €0.004m | €0.004m | €0.005m | €0.007m | €0.004m | €0.001m | €0.001m | ▼ 20.8% |
| Intangible fixed assets21 | - | - | - | - | - | €0 | - | - | - |
| Tangible fixed assets22/27 | €0.008m | €0.004m | €0.004m | €0.005m | €0.007m | €0.004m | €0.001m | €0.001m | ▼ 21.9% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.007m | €0.004m | €0.001m | €0.001m | ▼ 21.9% |
| Financial fixed assets28 | €73 | €73 | €73 | €73 | €73 | €73 | €73 | €73 | = |
| Current assets29/58 | €0.3m | €0.4m | €0.7m | €1.0m | €1.3m | €1.2m | €1.2m | €1.5m | ▲ 25.0% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.3m | €0.2m | €0.7m | €0.4m | €0.3m | €0.5m | ▲ 85.2% |
| Trade receivables40 | - | - | - | €0.2m | €0.7m | €0.3m | €0.3m | €0.5m | ▲ 83.6% |
| Other amounts receivable41 | - | - | - | €0.03m | - | €0.04m | €0.008m | €0.02m | ▲ 136% |
| Current investments50/53 | - | - | €0.1m | €0.1m | €0.05m | €0.7m | €0.6m | €0.9m | ▲ 54.3% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.3m | €0.6m | €0.6m | €0.2m | €0.4m | €0.2m | ▼ 56.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.001m | €0.001m | ▲ 0.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €0.7m | €1.0m | €1.4m | €1.2m | €1.2m | €1.5m | ▲ 24.9% |
| Equity10/15 | €0.03m | €0.1m | €0.3m | €0.6m | €0.8m | €0.8m | €0.9m | €1.0m | ▲ 9.7% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Own shares acquired1312 | - | - | - | €0.1m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€0.07m | €0.04m | €0.1m | €0.4m | €0.6m | €0.6m | €0.7m | €0.8m | ▲ 12.5% |
| Amounts payable17/49 | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | €0.3m | €0.6m | ▲ 65.6% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | €0.3m | €0.6m | ▲ 65.6% |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 0.6% |
| Suppliers440/4 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 0.6% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.2m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 37.9% |
| Taxes450/3 | - | - | - | €0.06m | €0.1m | €0.07m | €0.06m | €0.1m | ▲ 52.5% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.04m | €0.05m | €0.05m | €0.06m | ▲ 18.0% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.07m | €0.05m | €0.04m | ▼ 33.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,945 | €101,390 | €316,551 | €395,529 | €305,986 | €128,382 | €134,387 | €137,096 | ▲ 2.0% |
| + Depreciation and write-downs630 | €4,593 | €4,202 | €3,679 | €1,522 | €3,090 | €4,169 | €2,862 | €1,702 | ▼ 40.5% |
| Operating cash flow (approximation) | €57,538 | €105,592 | €320,230 | €397,051 | €309,076 | €132,551 | €137,249 | €138,798 | ▲ 1.1% |
| Investment in fixed assets (approximation) | - | €0 | -€4,499 | -€1,652 | -€5,479 | -€1,521 | €0 | -€1,391 | - |
| Change in cash | - | €112,951 | €8,989 | €375,706 | -€49,437 | -€414,586 | €227,660 | -€227,608 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-05-2026 | 2026-00133066 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00177740 | |
| 31-12-2023 | micro format | 07-06-2024 | 2024-00121858 | |
| 31-12-2022 | full format | 29-05-2023 | 2023-00098646 | |
| 31-12-2021 | full format | 29-08-2022 | 2022-20387399 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-65800114 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-16600520 | |
| 31-12-2018 | micro format | 23-05-2019 | 2019-14300362 | |
| 31-12-2017 | micro format | 11-06-2018 | 2018-17700495 | |
| 31-12-2016 | micro format | 10-05-2017 | 2017-12000450 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 03-07-2024 Converted to unavailable equity · €152,000
Network & group
Dynamic Flows shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Dynamic Flows. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
03-07
Gazette deed
Registered office moved to WaterlooApproval · Auditor report · Kind of shares15 points ▸
- General meeting, 27-06-2024
- Approval, “modifications aux classes d’actions proposées et conséquences sur droits des classes existantes, rapport de l’organe d’administration” (deed in French)
- Auditor report, “émission de classe d’actions, données comptables et financières fidèles et suffisantes pour éclairer l’assemblée” (deed in French)
- Kind of shares, “unanimité, création” (deed in French)
- Kind of shares, “actions de classe A” (deed in French), mentioned 3 times in the deed
- Kind of shares, “actions de classe B” (deed in French)
- Other provision, “soumission au Code des sociétés et des associations, soumise” (deed in French)
- Legal-form conversion, “société à responsabilité limitée(SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “formes et majorités de la modification des statuts, unanimité” (deed in French)
- Amendment of the articles
- General meeting, “adoptée à l'unanimité des voix, adoption statuts nouveaux en concordance CSA” (deed in French)
- The act holds 3 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- Toutes fonctions de consultance et/ou de services liés aux domaines de la vente,du marketing,de l’informatique,de la communication et de la publicité sous toutes ses formes et de la finance,la présente énonciation étant exemplative et non limitative
- La prestation de service de conseil en organisation et gestion d’entreprises actives dans les domaines ci-dessous,la représentation et l’intervention en tant qu’intermédiaire commercial
- La consultance,le développement,la création et la commercialisation de solutions et services de télécommunication et dérivés
- La consultance,le développement,la création et la commercialisation de solutions,services et produits informatiques et dérivés
- La consultance,le développement,la création et la commercialisation de solutions,services audiovisuels et électroniques
- La consultance,le développement,la création et la commercialisation de tout type de services de transport,national ou international
- Le conseil,la formation,l’expertise technique et l’assistance dans les domaines précités
- L’importation,l’exportation,la vente et l’achat de tout matériels et produits se rapportant aux activités reprises à l’objet
- La conception,la réalisation,l’organisation,la commercialisation de tout événement médiatique et de tout système d’information,de tout événement,en relation avec les activités reprises au présent objet social
- Une participation,pour son compte propre uniquement,au marché immobilier,par l’achat,l’échange,le lotissement,la promotion,la vente,la location,la prise en location et en sous-location,la cession en location et en sous-location,le tout avec ou sans option d’achat,la construction,la rénovation et la transformation,l’exploitation et l’entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,et de manière générale,de biens immobiliers de toute nature,accorder et obtenir des droits contenant superficie,accession,emphytéose,usufruit et nue-propriété,hypothèque,privilège et option ainsi que toutes opérations de financement pour son propre compte
- La fabrication,la conception,la transformation,la vente,l’achat,l’importation,l’exportation,la location,le courtage de tous biens ou marchandises dont le marché,n’est pas actuellement réglementé
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0826.984.683
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 |