Summary
DYNAMICS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.9m and a net result of €137,498. Equity is growing by about 60% per year across the filed financial years. Its solvency ranks better than 54% of 6,651 sector peers (NACE 64, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 21.2 FTE
- Equity
- €1.9m
- Profit
- €137,498
- Parent
- DELMAVAN · 75%
- Holdings
- 1
- DELMAVANDirector · permanent representative Deloof Mathias
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 4 accounts on average 25 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: WADEPRO BV (director)Permanent representatives: Deprez Pascal and…
- Resignation: Ebason BV (director)Permanent representative: Deloof Mathias ·…
Financials · financial year 2025, abbreviated format
2022 to 2025, 4 financial years
The operating result falls in 2025; 2025 is 43% 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.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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), Staff (FTE).
- 2025 Net result -54%, Staff (FTE) +50% on 2024. Merger absorbing DYNAMICS, Official Gazette 20-03-2024, in the previous financial year; now counts for a full year for the first time. The accounts now follow the abbreviated format, last year the full format.
- 2024 Turnover +1,075%, Staff (FTE) +1,663% on 2023. Merger absorbing DYNAMICS, Official Gazette 20-03-2024.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €0.6m | €0.5m | €5.8m | - | - |
| Turnover70 | €0.6m | €0.5m | €5.7m | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €0.03m | - | - |
| Other operating income74 | €0.001m | €0.002m | €0.007m | - | - |
| Operating charges60/66A | €0.3m | €0.4m | €5.3m | - | - |
| Goods for resale, raw materials and consumables60 | - | - | €2.6m | - | - |
| Purchases600/8 | - | - | €2.5m | - | - |
| Change in stocks: decrease (increase)609 | - | - | €0.06m | - | - |
| Services and other goods61 | €0.3m | €0.3m | €1.1m | - | - |
| Remuneration, social security and pensions62 | €0.05m | €0.07m | €1.3m | €1.6m | ▲ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0.2m | €0.3m | ▲ 29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€0.001m | €0.01m | - |
| Other operating charges640/8 | €0.001m | €0.001m | €0.007m | €0.001m | ▼ 78.6% |
| Gross operating margin9900 | - | - | - | €2.2m | - |
| Operating profit (loss)9901 | €0.3m | €0.09m | €0.5m | €0.3m | ▼ 43.0% |
| Financial income75/76B | - | - | €0.004m | €0.009m | ▲ 112% |
| Recurring financial income75 | - | - | €0.004m | €0.009m | ▲ 112% |
| Income from current assets751 | - | - | €0.004m | - | - |
| Other financial income752/9 | - | - | €1 | - | - |
| Financial charges65/66B | €0.2m | €0.9m | €0.05m | €0.03m | ▼ 50.9% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.05m | €0.03m | ▼ 50.9% |
| Debt charges650 | €0.2m | €0.2m | €0.05m | - | - |
| Other financial charges652/9 | €0.01m | €0.001m | €0.005m | - | - |
| Non-recurring financial charges66B | - | €0.7m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €0.03m | -€0.8m | €0.5m | €0.3m | ▼ 40.7% |
| Income taxes67/77 | €0.02m | €200 | €0.2m | €0.1m | ▼ 18.8% |
| Taxes670/3 | €0.02m | €200 | €0.2m | - | - |
| Profit (loss) for the period9904 | €0.002m | -€0.8m | €0.3m | €0.1m | ▼ 53.7% |
| Transfer from tax-exempt reserves789 | - | - | €0.3m | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | - | - | €0.3m | €0.06m | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | €0.002m | -€0.8m | €0.3m | €0.07m | ▼ 75.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.6m | €3.2m | €4.0m | €3.4m | ▼ 15.0% |
| Fixed assets21/28 | €4.4m | €3.0m | €1.3m | €1.0m | ▼ 23.2% |
| Intangible fixed assets21 | - | - | €1.1m | €0.9m | ▼ 23.5% |
| Tangible fixed assets22/27 | - | - | €0.1m | €0.09m | ▼ 20.2% |
| Plant, machinery and equipment23 | - | - | €0.08m | €0.06m | ▼ 18.9% |
| Furniture and vehicles24 | - | - | €0.04m | €0.03m | ▼ 22.9% |
| Financial fixed assets28 | €4.4m | €3.0m | €204 | €204 | = |
| Affiliated companies280/1 | €4.4m | €3.0m | €0 | - | - |
| Participating interests280 | €4.4m | €3.0m | €0 | - | - |
| Other financial fixed assets284/8 | - | - | €204 | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | €204 | - | - |
| Current assets29/58 | €0.2m | €0.1m | €2.8m | €2.5m | ▼ 11.2% |
| Stocks and contracts in progress3 | - | €0 | €0.5m | €0.3m | ▼ 36.4% |
| Stocks30/36 | - | - | €0.3m | €0.2m | ▼ 42.7% |
| Goods purchased for resale34 | - | - | €0.3m | - | - |
| Contracts in progress37 | - | - | €0.2m | €0.1m | ▼ 23.0% |
| Amounts receivable within one year40/41 | €0.07m | €0 | €1.0m | €0.7m | ▼ 30.6% |
| Trade receivables40 | - | - | €1.0m | €0.7m | ▼ 32.8% |
| Other amounts receivable41 | €0.07m | €0 | €0.01m | €0.03m | ▲ 121% |
| Current investments50/53 | - | - | €0.5m | €0 | ▼ 100% |
| Other investments51/53 | - | - | €0.5m | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.8m | €1.4m | ▲ 87.1% |
| Deferred charges and accrued income490/1 | €223 | €177 | €0.01m | €0.02m | ▲ 70.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.6m | €3.2m | €4.0m | €3.4m | ▼ 15.0% |
| Equity10/15 | €0.05m | -€0.7m | €2.0m | €1.9m | ▼ 5.6% |
| Contributions10/11 | €0.05m | €0.05m | €2.4m | €2.2m | ▼ 10.3% |
| Reserves13 | - | - | - | €0.06m | - |
| Tax-exempt reserves132 | - | - | - | €0.06m | - |
| Profit (loss) carried forward14 | €0.002m | -€0.8m | -€0.4m | -€0.4m | ▲ 16.9% |
| Amounts payable17/49 | €4.5m | €3.9m | €2.0m | €1.5m | ▼ 24.2% |
| Amounts payable after more than one year17 | €4.0m | €2.3m | €0.6m | €0.5m | ▼ 15.1% |
| Financial debts170/4 | €3.5m | €2.1m | €0.6m | €0.5m | ▼ 15.1% |
| Subordinated loans170 | €1.4m | €0.7m | €0 | - | - |
| Credit institutions173 | €0.8m | €0.8m | €0.6m | - | - |
| Other loans174 | €1.3m | €0.6m | €0 | - | - |
| Other amounts payable178/9 | €0.5m | €0.2m | €0 | - | - |
| Amounts payable within one year42/48 | €0.4m | €1.4m | €1.4m | €1.0m | ▼ 27.8% |
| Current portion of amounts payable after more than one year42 | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 10.6% |
| Financial debts43 | €0.09m | €0 | - | - | - |
| Credit institutions430/8 | €0.09m | €0 | - | - | - |
| Trade debts44 | €0.05m | €0.2m | €0.4m | €0.3m | ▼ 25.5% |
| Suppliers440/4 | €0.05m | €0.2m | €0.4m | €0.3m | ▼ 25.5% |
| Advances received on contracts in progress46 | - | - | €0.2m | €0.08m | ▼ 50.0% |
| Taxes, remuneration and social security45 | €0.03m | €0.01m | €0.4m | €0.4m | ▼ 9.4% |
| Taxes450/3 | €0.02m | €0.01m | €0.1m | €0.03m | ▼ 70.2% |
| Remuneration and social security454/9 | €0.01m | €0.002m | €0.3m | €0.3m | ▲ 10.5% |
| Other amounts payable47/48 | - | €0.9m | €0.2m | €0.02m | ▼ 93.4% |
| Accrued charges and deferred income492/3 | €0.2m | €0.2m | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.002m | -€0.8m | €0.3m | €0.1m | ▼ 53.7% |
| + Depreciation and write-downs630 | - | - | €0.2m | €0.3m | ▲ 29.2% |
| Operating cash flow (approximation) | €0.002m | -€0.8m | €0.5m | €0.4m | ▼ 17.5% |
| Investment in fixed assets (approximation) | - | €1.4m | €1.5m | -€0.005m | - |
| Change in cash | - | €0.02m | €0.6m | €0.7m | ▲ 5.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 27-02-2026 | 2026-00048126 |
| 30-09-2024 | full format | 29-01-2025 | 2025-00017346 |
| 30-09-2023 | full format | 27-03-2024 | 2024-00050628 |
| 30-09-2022 | full format | 26-07-2023 | 2023-00279976 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 to 2025 · 4 entries · €7,900 awarded · €6,638 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €6,629 | €5,757 |
| 2024 | 2 | €1,271 | €881 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DELMAVAN |
|
| WADEPRO |
|
| EBASON |
|
Owners and capital
Owners
1 ownerChain of control
- DELMAVAN
- DYNAMICS
Highest known parent: DELMAVAN. The sources do not say who stands above it.
Owners 1
- DELMAVANparentSourceaccounts DELMAVAN 202575%
According to the annual accounts to 30-09-2023 of DYNAMICS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-03-2024 Capital increase of €2,436,500 · to €2,436,500 · in kind
- 20-03-2024 Capital increase of €2,436,500 · to €2,436,500 · 2,436,500 new shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- DYNAMICSsubsidiaryEquity €1.5mResult €217,876100%
According to the annual accounts to 30-09-2023 of DYNAMICS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
21-11
Gazette deed
Resignation: WADEPRO BV (director)Permanent representatives: Deprez Pascal and Deloof Mathias4 facts ▸
- General meeting, 31-07-2025
- Director resignation, WADEPRO BV (director)
- Permanent representative, Deprez Pascal
- Permanent representative, Deloof Mathias
02-10
Gazette deed
Resignation: Ebason BV (director)Permanent representative: Deloof Mathias · Appointment: Delmavan BV (director)4 facts ▸
- General meeting, 31-12-2024
- Director resignation, Ebason BV (director)
- Permanent representative, Deloof Mathias (2 times)
- Director appointment, Delmavan BV (director)
20-03
Gazette deed
Capital & shares · Purpose · Amendment of the articles · Name · Resignations & appointments · RestructuringAuditor report · Capital increase · Capital contribution25 facts ▸
- Auditor report, “geschiktheid,opportuniteit,waardering vergoeding,rechtmatigheid en billijkheid, stukken niet een maand vooraf,verslag niet 15 dagen vooraf” (deed in Dutch)
- Other provision, 22-12-2023
- Capital increase, €2,436,500 (2 times)
- Capital contribution (3 times)
- Share issue, 2436500, “zelfde rechten en voordelen” (deed in Dutch)
- Amendment of the articles
- Other provision, “algemene vergaderingen overnemende en over te nemen vennootschap, kennisname fusievoorstel” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, TWAALFDE BESLUIT” (deed in Dutch)
- Shareholding, “artikel 12:57 WVV” (deed in Dutch)
- Other provision, “geen nieuwe aandelen bij inbreng, artikel 12:57 WVV” (deed in Dutch)
- Share cancellation, “intrekking en vernietiging, fusie” (deed in Dutch)
- Other provision, “bestuursorgaan overnemende vennootschap, vermeldingen vernietiging aandelen in aandelenregister overgenomen vennootschap” (deed in Dutch)
- +13 further facts in this act
24-11
Gazette deed
RestructuringPermanent representative: Mathias Deloof · Merger · Shareholding24 facts ▸
- Merger, “met fusie door overneming gelijkgestelde verrichting (geruisloze fusie), BV XPERION GROUP houdster is van alle aandelen van BV DYNAMICS” (deed in Dutch)
- Shareholding
- Other provision, “fusiekosten, Ingeval van niet-goedkeuring staat elke betrokken vennootschap in voor haar eigen gemaakte kosten” (deed in Dutch)
- Other provision, “alles te doen wat in hun macht ligt met het oog op de verwezenlijking van de fusie onder de hierna gedefinieerde voorwaarden, uitvoeringsverbintenis bestuursorg…” (deed in Dutch)
- Other provision, “fiscaal en boekhoudkundig regime, art. 211, §1 W.I.B.” (deed in Dutch)
- Incorporation, 16-07-2021
- Other provision, “oprichting, statutenwijziging” (deed in Dutch)
- Kind of shares, “A”, 90 (deed in Dutch)
- Kind of shares, “B”, 10 (deed in Dutch)
- Capital decrease, €50,000
- Capital contribution, €2,436,500
- Accounting effect, 01-10-2023
- +12 further facts in this act
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 4 have 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 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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 |
|---|---|---|---|---|
| 34372B0228/00M000 | Flanders | 2,378 m² | 1 · 868 m² | 2.3 m |
How the parcels are linked
Articles of association
What the company does
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “XPERION GROUP” (deed in Dutch)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Ondernemingsrechtbank te Gent, afdeling Kortrijk, 8930 Menen, Krommebeekstraat 48” (deed in Dutch)