DYNAMO Coop
ActiveSummary
DYNAMO Coop has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €687,111 and a net result of €16,017. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-3
Solvency71▲+3
Growth72▼-4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.78 in 2023; short-term debt: 11.5% and cash: 0.1% of total assets), and 53.8% of the assets are financed with debt.
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Signals
Four 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 →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
6 d early
2022
28 d early
2021
6 d early
2020
58 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€142,668▼ 6.3%
2023 · €152,272
EBIT margin
24.5%▲ 3.7pp
2023 · 20.8%
Net result
€16,017▲ 19.9%
2023 · €13,357
Working capital
-€45,434▼ 7.7%
2023 · -€42,179
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€98,709▲ 7.4%€104,392▲ 5.8%€131,942▲ 26.4%€152,272▲ 15.4%€142,668▼ 6.3%
Operating result-€8,839€5,605€26,008▲ 364%€31,677▲ 21.8%€34,985▲ 10.4%
Net result-€24,056below the sector's middle half▼ 1,383%-€10,856below the sector's middle half▲ 54.9%€9,676within the sector's middle half€13,357within the sector's middle half▲ 38.0%€16,017within the sector's middle half▲ 19.9%
EBIT margin-9.0%▼ 25.1pp5.4%▲ 14.3pp19.7%▲ 14.3pp20.8%▲ 1.1pp24.5%▲ 3.7pp
Equity€527,095above the sector's middle half▲ 8.9%€637,239above the sector's middle half▲ 20.9%€671,415above the sector's middle half▲ 5.4%€680,981above the sector's middle half▲ 1.4%€687,111above the sector's middle half▲ 0.9%
Total assets€1.3mabove the sector's middle half▲ 29.4%€1.4mabove the sector's middle half▲ 15.9%€1.5mabove the sector's middle half▲ 0.7%€1.6mabove the sector's middle half▲ 7.5%€1.5mabove the sector's middle half▼ 5.1%
Debt€723,731▲ 49.9%€812,400▲ 12.3%€787,728▼ 3.0%€887,039▲ 12.6%€801,669▼ 9.6%
Working capital€18,357within the sector's middle half▲ 1,317%€72,354within the sector's middle half▲ 294%-€91,971below the sector's middle half-€42,179within the sector's middle half▲ 54.1%-€45,434within the sector's middle half▼ 7.7%
Solvency42.1%within the sector's middle half▼ 7.9pp44.0%within the sector's middle half▲ 1.8pp46.0%within the sector's middle half▲ 2.1pp43.4%within the sector's middle half▼ 2.6pp46.2%within the sector's middle half▲ 2.7pp
Current ratio1.25within the sector's middle half▲ 0.211.81within the sector's middle half▲ 0.560.46within the sector's middle half▼ 1.360.78within the sector's middle half▲ 0.320.73within the sector's middle half▼ 0.04
Return on assets (ROA)-1.9%within the sector's middle half▼ 1.8pp-0.7%within the sector's middle half▲ 1.2pp0.7%within the sector's middle half▲ 1.4pp0.9%within the sector's middle half▲ 0.2pp1.1%within the sector's middle half▲ 0.2pp
Staff (FTE)3.1
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 10% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.4m ▼ 4.0%
Current assets
€125,440 ▼ 14.8%
Equity and liabilities €1.5m
Equity
€687,111 ▲ 0.9%
Debt
€801,669 ▼ 9.6%
Debt's share of the balance-sheet total falls from 56.6% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103,071▲
2023 · €99,192
Cash flow
€84,103▲
2023 · €80,873
Debt to equity
1.17▼
2023 · 1.30
ROE
2.3%▲
2023 · 2.0%
Interest coverage
4.90▼
2023 · 5.41
Debt ≤ 1 year
€170,875▼
2023 · €189,389
Debt > 1 year
€588,558▼
2023 · €590,034
Staff costs
€40,595▼
2023 · €118,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.0% |
| 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% 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 6,048 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €98,709 | €104,392 | €131,942 | €152,272 | €142,668 | ▼ 6.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €29,799 | €35,953 | €49,611 | €59,556 | ▲ 20.0% |
| Remuneration, social security and pensions62 | - | €81,372 | €116,586 | €118,565 | €40,595 | ▼ 65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,921 | €57,366 | €61,638 | €67,516 | €68,086 | ▲ 0.8% |
| Other operating charges640/8 | - | €12,019 | €11,330 | €11,497 | €4,316 | ▼ 62.5% |
| Operating charges capitalised as restructuring costs649 | - | -€42,884 | -€40,044 | -€64,491 | - | - |
| Non-recurring operating charges66A | - | - | - | - | €776 | - |
| Gross operating margin9900 | €89,844 | €113,478 | €175,519 | €164,763 | €148,759 | ▼ 9.7% |
| Operating profit (loss)9901 | -€8,839 | €5,605 | €26,008 | €31,677 | €34,985 | ▲ 10.4% |
| Financial income75/76B | - | €415 | €104 | €10 | €2,070 | ▲ 20,078% |
| Recurring financial income75 | - | €415 | €104 | €10 | €1,799 | ▲ 17,435% |
| Non-recurring financial income76B | - | - | - | - | €271 | - |
| Financial charges65/66B | - | €16,876 | €16,437 | €18,330 | €21,039 | ▲ 14.8% |
| Recurring financial charges65 | €15,217 | €16,876 | €16,437 | €18,330 | €21,039 | ▲ 14.8% |
| Profit (loss) for the period before taxes9903 | -€24,056 | -€10,856 | €9,676 | €13,357 | €16,017 | ▲ 19.9% |
| Profit (loss) for the period9904 | -€24,056 | -€10,856 | €9,676 | €13,357 | €16,017 | ▲ 19.9% |
| Profit (loss) for the period to be appropriated9905 | -€24,056 | -€10,856 | €9,676 | €13,357 | €16,017 | ▲ 19.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.4m | €1.5m | €1.6m | €1.5m | ▼ 5.1% |
| Fixed assets21/28 | €1.2m | €1.3m | €1.4m | €1.4m | €1.4m | ▼ 4.0% |
| Tangible fixed assets22/27 | €1.2m | €1.3m | €1.4m | €1.4m | €1.3m | ▼ 4.0% |
| Land and buildings22 | - | €1.3m | €1.4m | €1.4m | €1.3m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €5,054 | €3,811 | €2,569 | €1,326 | ▼ 48.4% |
| Furniture and vehicles24 | - | - | - | €1,984 | €1,032 | ▼ 48.0% |
| Other tangible fixed assets26 | - | - | - | €3,850 | €3,850 | = |
| Financial fixed assets28 | €2,253 | €2,253 | €2,253 | €27,334 | €25,671 | ▼ 6.1% |
| Current assets29/58 | €90,374 | €161,292 | €77,846 | €147,210 | €125,440 | ▼ 14.8% |
| Amounts receivable within one year40/41 | €1,472 | €27,913 | €27,838 | €114,430 | €95,969 | ▼ 16.1% |
| Trade receivables40 | - | €1,471 | €9,079 | €52,565 | €60,203 | ▲ 14.5% |
| Other amounts receivable41 | - | €26,442 | €18,759 | €61,866 | €35,767 | ▼ 42.2% |
| Cash at bank and in hand54/58 | €55,502 | €102,632 | €21,043 | €5,469 | €2,053 | ▼ 62.5% |
| Deferred charges and accrued income490/1 | - | €30,746 | €28,965 | €27,310 | €27,418 | ▲ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.5m | €1.6m | €1.5m | ▼ 5.1% |
| Equity10/15 | €527,095 | €637,239 | €671,415 | €680,981 | €687,111 | ▲ 0.9% |
| Contributions10/11 | - | €710,000 | €734,500 | €730,709 | €720,822 | ▼ 1.4% |
| Profit (loss) carried forward14 | -€61,905 | -€72,761 | -€63,085 | -€49,728 | -€33,711 | ▲ 32.2% |
| Amounts payable17/49 | €723,731 | €812,400 | €787,728 | €887,039 | €801,669 | ▼ 9.6% |
| Amounts payable after more than one year17 | €651,714 | €660,452 | €617,911 | €590,034 | €588,558 | ▼ 0.3% |
| Financial debts170/4 | - | €660,452 | €617,911 | €590,034 | €588,558 | ▼ 0.3% |
| Amounts payable within one year42/48 | €72,017 | €88,938 | €169,817 | €189,389 | €170,875 | ▼ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €41,612 | €42,481 | €43,721 | €48,085 | ▲ 10.0% |
| Financial debts43 | - | - | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | - | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €2,069 | €5,543 | €8,605 | €20,925 | €20,958 | ▲ 0.2% |
| Suppliers440/4 | - | €5,543 | €8,605 | €20,925 | €20,958 | ▲ 0.2% |
| Taxes, remuneration and social security45 | - | €17,533 | €18,181 | €24,743 | €1,832 | ▼ 92.6% |
| Taxes450/3 | - | €4,242 | €6,840 | €8,702 | €124 | ▼ 98.6% |
| Remuneration and social security454/9 | - | €13,291 | €11,341 | €16,041 | €1,708 | ▼ 89.4% |
| Other amounts payable47/48 | - | €24,250 | €550 | - | - | - |
| Accrued charges and deferred income492/3 | - | €63,010 | - | €107,616 | €42,236 | ▼ 60.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,056 | -€10,856 | €9,676 | €13,357 | €16,017 | ▲ 19.9% |
| + Depreciation and write-downs630 | €53,921 | €57,366 | €61,638 | €67,516 | €68,086 | ▲ 0.8% |
| Operating cash flow (approximation) | €29,865 | €46,510 | €71,313 | €80,873 | €84,103 | ▲ 4.0% |
| Investment in fixed assets (approximation) | - | -€185,262 | -€154,587 | -€107,028 | -€10,616 | ▲ 90.1% |
| Change in cash | - | €47,130 | -€81,589 | -€15,574 | -€3,416 | ▲ 78.1% |
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
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Highest result since 2018net €16,017 ▲19.9%
Operating result €34,985, net result €16,017, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,676
Net result €9,676 after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
31-12
Financial
Weakest financial yearnet -€24,056
Net result drops to -€24,056, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500,000Eq €527,095 ▲8.9%
Equity rises from €483,901 to €527,095.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2015
Ground area
97 m²
Building footprint
73 m²
Volume, LiDAR
679 m³
Parcel 62810B0437/00L000, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
DYNAMO Coop
since 20152.243.710.859
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B0437/00L000 | Wallonia | 97 m² | 1 · 73 m² | 11.0 m · 3 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.
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Of 588 companies in this sector we hold annual accounts for 318. 236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formCooperative company
Founded03-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68204Real estate activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0633502545
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.