DYNAMIC-WAYS
ActiveSummary
DYNAMIC-WAYS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75k and a net result of €-29k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 23.55; short-term debt: 1.4% and cash: 28.8% of total assets), and 1.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.6%
Return on assets
-37.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-29k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
40 d early
2022
19 d early
2021
20 d early
2020
40 d early
2019
88 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€758k
EBIT margin
3.4%
Net result
€-29k▼ 7.5%
2023 · €-27k
Working capital
€24k▼ 35.2%
2023 · €37k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€10k▼ 61.6%€47k▲ 365%€-40k€-28k▲ 29.3%€-29k▼ 5.1%
Net result€8k▼ 64.0%€38k▲ 390%€-39k€-27k▲ 30.6%€-29k▼ 7.5%
EBIT margin
Equity€132k▲ 6.2%€170k▲ 28.5%€131k▼ 22.8%€104k▼ 20.5%€75k▼ 27.8%
Total assets€277k▼ 25.8%€189k▼ 31.7%€133k▼ 29.5%€104k▼ 21.8%€76k▼ 27.0%
Debt€145k▼ 41.8%€19k▼ 86.5%€2k▼ 87.8%€278▼ 88.4%€1k▲ 284%
Working capital€123k▼ 10.9%€73k▼ 41.1%€47k▼ 34.9%€37k▼ 21.5%€24k▼ 35.2%
Staff (FTE)1=1=0.7▼ 30.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2024 against €28k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€51k ▼ 23.7%
Current assets
€25k ▼ 32.8%
Equity and liabilities €76k
Equity
€75k ▼ 27.8%
Debt
€1k ▲ 284%
Debt's share of the balance-sheet total rises from 0.3% to 1.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▼
2023 · €-11k
Cash flow
€-13k▼
2023 · €-10k
Current ratio
23.55
Debt to equity
0.01▲
2023 · 0.00
ROE
-38.5%▼
2023 · -25.8%
ROA
-37.9%▼
2023 · -25.8%
Interest coverage
-256.60▼
2023 · -208.31
Debt ≤ 1 year
€1k▲
2023 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €28k | €24k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €21k | €17k | €17k | €16k | ▼ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3k | - |
| Other operating charges640/8 | - | €744 | €475 | €575 | €515 | ▼ 10.5% |
| Non-recurring operating charges66A | - | - | - | €367 | - | - |
| Gross operating margin9900 | €71k | €96k | €2k | €-10k | €-10k | ▼ 3.1% |
| Operating profit (loss)9901 | €10k | €47k | €-40k | €-28k | €-29k | ▼ 5.1% |
| Financial income75/76B | - | €809 | €2k | €1k | €661 | ▼ 47.1% |
| Recurring financial income75 | €331 | €809 | €314 | €1k | €661 | ▼ 47.1% |
| Non-recurring financial income76B | - | - | €1k | €1k | €661 | ▼ 47.1% |
| Financial charges65/66B | - | €2k | €777 | €52 | €53 | ▲ 2.9% |
| Recurring financial charges65 | €3k | €2k | €777 | €52 | €53 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | €8k | €45k | €-39k | €-27k | €-29k | ▼ 7.5% |
| Income taxes67/77 | - | €8k | - | - | - | - |
| Profit (loss) for the period9904 | €8k | €38k | €-39k | €-27k | €-29k | ▼ 7.5% |
| Profit (loss) for the period to be appropriated9905 | €8k | €38k | €-39k | €-27k | €-29k | ▼ 7.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €277k | €189k | €133k | €104k | €76k | ▼ 27.0% |
| Formation expenses20 | €1k | - | - | - | - | - |
| Fixed assets21/28 | €93k | €97k | €84k | €67k | €51k | ▼ 23.7% |
| Tangible fixed assets22/27 | €93k | €97k | €83k | €67k | €51k | ▼ 23.7% |
| Plant, machinery and equipment23 | - | €830 | €484 | €179 | - | - |
| Furniture and vehicles24 | - | €2k | €1k | €1k | €489 | ▼ 56.8% |
| Other tangible fixed assets26 | - | €94k | €82k | €66k | €51k | ▼ 22.9% |
| Financial fixed assets28 | €130 | €130 | €130 | - | - | - |
| Current assets29/58 | €182k | €92k | €50k | €37k | €25k | ▼ 32.8% |
| Stocks and contracts in progress3 | €93k | €28k | €3k | €3k | - | - |
| Stocks30/36 | - | €28k | €3k | €3k | - | - |
| Amounts receivable within one year40/41 | €6k | €8k | €22k | €2k | €1k | ▼ 27.1% |
| Trade receivables40 | - | €3k | €745 | €783 | €95 | ▼ 87.9% |
| Other amounts receivable41 | - | €5k | €21k | €796 | €1k | ▲ 32.7% |
| Cash at bank and in hand54/58 | €78k | €51k | €22k | €31k | €22k | ▼ 28.9% |
| Deferred charges and accrued income490/1 | - | €5k | €2k | €2k | €2k | ▲ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €277k | €189k | €133k | €104k | €76k | ▼ 27.0% |
| Equity10/15 | €132k | €170k | €131k | €104k | €75k | ▼ 27.8% |
| Contributions10/11 | - | €80k | €80k | €80k | €80k | = |
| Reserves13 | €52k | €90k | €51k | €24k | €2k | ▼ 91.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €88k | €49k | €22k | - | - |
| Profit (loss) carried forward14 | €21k | - | - | - | €-7k | - |
| Amounts payable17/49 | €145k | €19k | €2k | €278 | €1k | ▲ 284% |
| Amounts payable after more than one year17 | €86k | - | - | - | - | - |
| Amounts payable within one year42/48 | €59k | €19k | €2k | €278 | €1k | ▲ 284% |
| Trade debts44 | €5k | €3k | €442 | €278 | €573 | ▲ 106% |
| Suppliers440/4 | - | €3k | €442 | €278 | €573 | ▲ 106% |
| Advances received on contracts in progress46 | - | €6k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €11k | €2k | - | - | - |
| Taxes450/3 | - | €8k | €260 | - | - | - |
| Remuneration and social security454/9 | - | €3k | €2k | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €492 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €38k | €-39k | €-27k | €-29k | ▼ 7.5% |
| + Depreciation and write-downs630 | €21k | €21k | €17k | €17k | €16k | ▼ 8.4% |
| Operating cash flow (approximation) | €29k | €58k | €-22k | €-10k | €-13k | ▼ 36.2% |
| Investment in fixed assets (approximation) | - | €-24k | €-3k | €-582 | €0 | ▲ 100% |
| Change in cash | - | €-27k | €-29k | €9k | €-9k | ▼ 201% |
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
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 6current ratio 134.46
Current ratio from 20.78 to 134.46; short-term debt falls from €2k to €278.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 20.78
Current ratio from 4.72 to 20.78; short-term debt falls from €19k to €2k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €38k ▲390%
Operating result €47k, net result €38k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲28.5%
4 profitable years in a row build equity to €170k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Ecaussinnes · 2 establishment units since 2016
Ground area
1,523 m²
Building footprint
162 m²
Volume, LiDAR
1,173 m³
2 parcels, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
DYNAMIC-WAYS
since 20162.257.889.487
DYNAMIC-WAYS
since 20162.257.889.982
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25113C0196/00X002 | Wallonia | 1,084 m² | 1 · 112 m² | 12.4 m · 4 fl. |
| 55008D0268/00L010 | Wallonia | 439 m² | 1 · 51 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 3,529 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
Founded07-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Website
www.dynamic-ways.comEcaussinnes
E-mail
info@dynamic-ways.comEcaussinnes
Phone
067/44.48.82Ecaussinnes
Phone
067/773514Genappe
Scores and ratios are computed by Checked and are not a credit decision.