Dynamic Projects
ActiveSummary
Dynamic Projects has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,815 and a net result of €10,098. Equity is growing by about 9% per year across the filed financial years. Its solvency ranks better than 11% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €140,815
- Profit
- €10,098
Why 83raises riskSector: Specialised construction activities (NACE 43)Equity €140,815 (4.8% of total assets)lowers riskSize: total assets €2.9mFigures for financial year 2025 (filed 03-03-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 6% on solvency, 65% on liquidity, 25% on profitability and 56% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €10,098 ▼92.4%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00047010.
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 50% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction 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).
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95.6% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,448 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,051 | €13,936 | €13,461 | €29,196 | €26,387 | €81,829 | €123,497 | ▲ 50.9% |
| Other operating charges640/8 | - | - | - | €4,473 | €4,310 | €8,653 | €7,384 | ▼ 14.7% |
| Non-recurring operating charges66A | - | - | - | €506 | €3,076 | €0 | - | - |
| Gross operating margin9900 | €85,741 | €87,768 | €90,791 | €61,294 | €120,170 | €281,733 | €226,061 | ▼ 19.8% |
| Operating profit (loss)9901 | €59,780 | €71,404 | €71,545 | €27,119 | €86,398 | €191,251 | €95,181 | ▼ 50.2% |
| Financial income75/76B | - | - | - | €28 | €0 | €0 | €20 | ▲ 1,017× |
| Recurring financial income75 | €0 | €2,013 | €0 | €28 | €0 | €0 | €20 | ▲ 1,017× |
| Financial charges65/66B | - | - | - | €8,797 | €6,349 | €15,233 | €53,103 | ▲ 249% |
| Recurring financial charges65 | €6,992 | €6,409 | €5,463 | €8,797 | €6,349 | €15,233 | €53,103 | ▲ 249% |
| Profit (loss) for the period before taxes9903 | €52,788 | €67,009 | €66,083 | €18,351 | €80,049 | €176,019 | €42,098 | ▼ 76.1% |
| Income taxes67/77 | €14,834 | €19,036 | €16,022 | €6,560 | €23,581 | €42,447 | €31,999 | ▼ 24.6% |
| Profit (loss) for the period9904 | €37,954 | €47,973 | €50,060 | €11,791 | €56,467 | €133,572 | €10,098 | ▼ 92.4% |
| Profit (loss) for the period to be appropriated9905 | €37,954 | €47,973 | €50,060 | €11,791 | €56,467 | €133,572 | €10,098 | ▼ 92.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.4m | €0.4m | €0.4m | €0.6m | €0.6m | €1.0m | €2.9m | ▲ 181% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.5m | €0.5m | €0.9m | €2.7m | ▲ 193% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.5m | €0.5m | €0.9m | €2.7m | ▲ 193% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.9m | €2.7m | ▲ 199% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.01m | €0.01m | €0.01m | ▼ 25.4% |
| Leasing and similar rights25 | - | - | - | - | €0.01m | €0.009m | €0.005m | ▼ 50.0% |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - | - |
| Current assets29/58 | €0.07m | €0.05m | €0.06m | €0.05m | €0.07m | €0.1m | €0.2m | ▲ 79.3% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.07m | €0.04m | €0.05m | €0.04m | €0.06m | €0.06m | €0.05m | ▼ 4.8% |
| Trade receivables40 | - | - | - | €0.04m | €0.05m | €0.06m | €0.04m | ▼ 19.0% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.003m | €0 | €0.008m | - |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.001m | €0.01m | €0.008m | €0.001m | €0.01m | €0.05m | €0.1m | ▲ 178% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.005m | €0.009m | €0.02m | ▲ 84.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €0.4m | €0.6m | €0.6m | €1.0m | €2.9m | ▲ 181% |
| Equity10/15 | €0.09m | €0.08m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 7.7% |
| Contributions10/11 | €0.006m | €0 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.09m | €0.06m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 9.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 9.0% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | €0 | €0 | - |
| Amounts payable17/49 | €0.3m | €0.3m | €0.2m | €0.4m | €0.4m | €0.9m | €2.8m | ▲ 206% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.6m | €2.3m | ▲ 304% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.6m | €2.3m | ▲ 304% |
| Amounts payable within one year42/48 | €0.08m | €0.09m | €0.07m | €0.1m | €0.1m | €0.3m | €0.4m | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.05m | €0.2m | ▲ 294% |
| Financial debts43 | - | - | - | €0.007m | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €0.007m | €0 | - | - | - |
| Trade debts44 | €0.008m | €0.002m | €0.002m | €0.03m | €0.006m | €0.003m | €0.07m | ▲ 21× |
| Suppliers440/4 | - | - | - | €0.03m | €0.006m | €0.003m | €0.07m | ▲ 21× |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.03m | €0.05m | €0.1m | ▲ 215% |
| Taxes450/3 | - | - | - | €0.008m | €0.03m | €0.05m | €0.1m | ▲ 193% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0 | - | €0.01m | - |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.06m | €0.2m | €0.01m | ▼ 94.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.004m | €0.004m | €0.06m | ▲ 15× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.04m | €0.05m | €0.05m | €0.01m | €0.06m | €0.1m | €0.01m | ▼ 92.4% |
| + Depreciation and write-downs630 | €0.02m | €0.01m | €0.01m | €0.03m | €0.03m | €0.08m | €0.1m | ▲ 50.9% |
| Operating cash flow (approximation) | €0.06m | €0.06m | €0.06m | €0.04m | €0.08m | €0.2m | €0.1m | ▼ 38.0% |
| Investment in fixed assets (approximation) | - | -€0.002m | -€0.01m | -€0.3m | -€0.006m | -€0.5m | -€1.9m | ▼ 291% |
| Change in cash | - | €0.01m | -€0.006m | -€0.007m | €0.01m | €0.03m | €0.08m | ▲ 150% |
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 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 27-02-2026 | 2026-00047010 |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00029432 |
| 30-06-2023 | micro format | 23-02-2024 | 2024-00035353 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00017809 |
| 30-06-2021 | micro format | 30-12-2021 | 2021-82200543 |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03100268 |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600368 |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03100043 |
| 30-06-2017 | micro format | 30-01-2018 | 2018-03000196 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03400571 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VERHULST Mark |
|
Owners and capital
Capital and shareholders
- 29-12-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-12
Gazette deed
Resignation: VERHULST Mark (manager)Appointment: VERHULST Mark (director) · Director discharge · Registered office clause12 facts ▸
- Director resignation, VERHULST Mark (manager)
- Director appointment, VERHULST Mark (director (not named in the articles))
- Director discharge, VERHULST Mark
- Registered office clause, “Mazenzele (Opwijk), Kalkestraat 40” (deed in Dutch)
- Power of attorney
- Power of attorney, Leticia Dhaenens
- General meeting, 26-12-2023
- Amendment of the articles (3 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Other provision, “voorzitter, voorzitterschap vergadering” (deed in Dutch)
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0550.394.925
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23752F0093/00Z000 | Flanders | 1,613 m² | 1 · 148 m² | 7.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderneming voor het plaatsen van elektrische installaties, verlichting en telefonie, elektrische verwarming en domotica, alsook de aan- en…” (deed in Dutch)
11 activities (deed in Dutch)
- Onderneming voor het plaatsen van elektrische installaties, verlichting en telefonie, elektrische verwarming en domotica, alsook de aan- en verkoop van alle toestellen, producten en materialen die hierop betrekking hebben
- Onderneming voor het plaatsen van kabels en diverse leidingen alsook voor het plaatsen van airconditioning en ventilatiesystemen
- Onderneming voor het onderhoud en de herstelling van voormelde installaties
- Advies- en/of dienstverlening aan bedrijven, privé-personen en instellingen in de ruimste zin van het woord, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling, en in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten, met inbegrip van het geheel of gedeeltelijk ter beschikking stellen, al dan niet tegen betaling, van een onroerend goed aan haar bestuurders, bedrijfsleiders en werknemers in het kader van een verloningspolitiek
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen
- Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi-)publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuurdersfuncties, directie, controle of vereffening, het verlenen van advies, management en andere diensten. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan al dan niet verbonden ondernemingen, alsmede het waarborgen van verbintenissen van derden
- Het geven van advies inzake de organisatie en het beheer van ondernemingen
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging in om het even welke goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Dynamic Projects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper naar evenredigheid aantal bij meerdere kopers, vermelde prijs of bij betwisting deskundige prijs” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen voorkeurrecht, naar evenredigheid aantal bezetten aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 WVV zonder bijzondere machtiging, een of meer vereffenaars door algemene vergadering bij ontbinding met…” (deed in Dutch)