DYNAMIC WHEELS
Dissolution or liquidationSummary
The KBO register records for DYNAMIC WHEELS the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-74k) and a net result of €-43k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2021
40 d early
2020
20 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€308k
EBIT margin
-2.5%
Net result
€-43k▼ 385%
2021 · €-9k
2018: €-14k
2019: €6k▲ +147% vs 2018highest in 5 years
2020: €-29k▼ -555% vs 2019
2021: €-9k▲ +69.6% vs 2020
2022: €-43k▼ -385% vs 2021lowest in 5 years
2018 → 2022
Working capital
€-74k▼ 108%
2021 · €-36k
2018: €-11khighest in 5 years
2019: €-17k▼ -49.9% vs 2018
2020: €-46k▼ -168% vs 2019
2021: €-36k▲ +22.6% vs 2020
2022: €-74k▼ -108% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€308k-
Equity€-12k-€-6k▲ 52.9%€-35k▼ 512%€-31k▲ 10.4%€-74k▼ 138%
2018: €-12k
2019: €-6k▲ +52.9% vs 2018highest in 5 years
2020: €-35k▼ -512% vs 2019
2021: €-31k▲ +10.4% vs 2020
2022: €-74k▼ -138% vs 2021lowest in 5 years
Operating result€-8k-€11k€-25k€-7k▲ 71.2%€-42k▼ 479%
2018: €-8k
2019: €11k▲ +244% vs 2018highest in 5 years
2020: €-25k▼ -332% vs 2019
2021: €-7k▲ +71.2% vs 2020
2022: €-42k▼ -479% vs 2021lowest in 5 years
Net result€-14k-€6k€-29k€-9k▲ 69.6%€-43k▼ 385%
2018: €-14k
2019: €6k▲ +147% vs 2018highest in 5 years
2020: €-29k▼ -555% vs 2019
2021: €-9k▲ +69.6% vs 2020
2022: €-43k▼ -385% vs 2021lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2022 against €7k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €69k
Fixed assets
€9k ▼ 30.9%
Current assets
€60k ▼ 19.7%
Key figures and ratios
EBITDA
€-38k▼
2021 · €-3k
Cash flow
€-39k▼
2021 · €-4k
Solvency
-106.6%▼
2021 · -35.3%
Current ratio
0.45▼
2021 · 0.68
Quick ratio
0.21▲
2021 · 0.17
Debt to equity
-1.94▲
2021 · -3.84
ROA
-61.7%▼
2021 · -10.0%
Interest coverage
-122.30▼
2021 · -1.80
Debt
€143k▲
2021 · €119k
Debt ≤ 1 year
€134k▲
2021 · €110k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€88k€69k▼
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€5k€1k▼
Plant, machinery and equipment23€890€508▼
Furniture and vehicles24€3k€0▼
Other tangible fixed assets26€1k€542▼
Financial fixed assets28€8k€8k=
Current assets29/58€75k€60k▼
Stocks and contracts in progress3€56k€32k▼
Stocks30/36€56k€32k▼
Amounts receivable within one year40/41€6k€15k▲
Trade receivables40€6k€15k▲
Cash at bank and in hand54/58€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€88k€69k▼
Equity10/15€-31k€-74k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-51k€-94k▼
Amounts payable17/49€119k€143k▲
Amounts payable within one year42/48€110k€134k▲
Financial debts43€681€0▼
Credit institutions430/8€681€0▼
Trade debts44€29k€34k▲
Suppliers440/4€29k€34k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€78k€99k▲
Accrued charges and deferred income492/3€8k€8k=
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-2k€-35k▼
Operating profit (loss)9901€-7k€-42k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€313▼
Recurring financial charges65€1k€313▼
Profit (loss) for the period before taxes9903€-9k€-43k▼
Profit (loss) for the period9904€-9k€-43k▼
Profit (loss) for the period to be appropriated9905€-9k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-94k▼
Profit (loss) brought forward from the previous period14P€-43k€-51k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €308k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €5k | €5k | €5k | €4k | ▼ 12.8% |
| Other operating charges640/8 | - | - | - | €1k | €3k | ▲ 181% |
| Gross operating margin9900 | €2k | €21k | €-19k | €-2k | €-35k | ▼ 2,098% |
| Operating profit (loss)9901 | €-8k | €11k | €-25k | €-7k | €-42k | ▼ 479% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | €306 | - | €0 | - | €0 | - |
| Financial charges65/66B | - | - | - | €1k | €313 | ▼ 78.9% |
| Recurring financial charges65 | €6k | €5k | €4k | €1k | €313 | ▼ 78.9% |
| Profit (loss) for the period before taxes9903 | €-14k | €6k | €-29k | €-9k | €-43k | ▼ 385% |
| Profit (loss) for the period9904 | €-14k | €6k | €-29k | €-9k | €-43k | ▼ 385% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €6k | €-29k | €-9k | €-43k | ▼ 385% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187k | €173k | €109k | €88k | €69k | ▼ 21.3% |
| Fixed assets21/28 | €19k | €22k | €18k | €13k | €9k | ▼ 30.9% |
| Tangible fixed assets22/27 | €19k | €14k | €10k | €5k | €1k | ▼ 79.4% |
| Plant, machinery and equipment23 | - | - | - | €890 | €508 | ▼ 42.9% |
| Furniture and vehicles24 | - | - | - | €3k | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €1k | €542 | ▼ 47.3% |
| Financial fixed assets28 | - | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €168k | €151k | €91k | €75k | €60k | ▼ 19.7% |
| Stocks and contracts in progress3 | €143k | €130k | €78k | €56k | €32k | ▼ 42.5% |
| Stocks30/36 | - | - | - | €56k | €32k | ▼ 42.5% |
| Amounts receivable within one year40/41 | €8k | €7k | €3k | €6k | €15k | ▲ 145% |
| Trade receivables40 | - | - | - | €6k | €15k | ▲ 145% |
| Cash at bank and in hand54/58 | €16k | €14k | €10k | €12k | €12k | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187k | €173k | €109k | €88k | €69k | ▼ 21.3% |
| Equity10/15 | €-12k | €-6k | €-35k | €-31k | €-74k | ▼ 138% |
| Contributions10/11 | €6k | €6k | - | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-20k | €-14k | €-43k | €-51k | €-94k | ▼ 82.9% |
| Amounts payable17/49 | €199k | €179k | €143k | €119k | €143k | ▲ 20.1% |
| Amounts payable after more than one year17 | €18k | €11k | €6k | - | - | - |
| Amounts payable within one year42/48 | €180k | €168k | €137k | €110k | €134k | ▲ 21.6% |
| Financial debts43 | - | - | - | €681 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €681 | €0 | ▼ 100% |
| Trade debts44 | €95k | €69k | €56k | €29k | €34k | ▲ 14.5% |
| Suppliers440/4 | - | - | - | €29k | €34k | ▲ 14.5% |
| Taxes, remuneration and social security45 | - | - | - | €3k | €2k | ▼ 43.5% |
| Taxes450/3 | - | - | - | €3k | €2k | ▼ 43.5% |
| Other amounts payable47/48 | - | - | - | €78k | €99k | ▲ 27.8% |
| Accrued charges and deferred income492/3 | - | - | - | €8k | €8k | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €6k | €-29k | €-9k | €-43k | ▼ 385% |
| + Depreciation and write-downs630 | €6k | €5k | €5k | €5k | €4k | ▼ 12.8% |
| Operating cash flow (approximation) | €-8k | €11k | €-24k | €-4k | €-39k | ▼ 828% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €-4k | €2k | €31 | ▼ 98.8% |
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
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Vilvoorde · 1 establishment unit since 2007
Ground area
859 m²
Building footprint
489 m²
Volume, LiDAR
2,008 m³
Parcel 23643G0417/00T000, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DYNAMIC WHEELS
since 20072.166.802.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0417/00T000 | Flanders | 859 m² | 1 · 489 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
UBike
BE 1022.806.008
Vilvoorde
55 BIKE DISTRIBUTION
BE 0479.247.009
Oudergem
ABA CREATION
BE 0701.639.602
Sint-Jans-Molenbeek
AHOOGA
BE 0633.687.835
Anderlecht
AMBD LOGISTICS
BE 0578.896.394
Kraainem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,468 companies in sector 47632 we hold annual accounts for 733. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
Scores and ratios are computed by Checked and are not a credit decision.