DYNAMOO
Open bankruptcyFinancials · financial year 2022, abbreviated format
Equity
€26,038
2021 · -€353,945
Total assets
€674,068▼ 0.4%
2021 · €676,661
Net result
€379,983
2021 · -€418,469
Working capital
-€77,527▲ 83.7%
2021 · -€475,643
Trend over the years
2019 to 2022, 3 financial years 2019 to 2022, 3 financial years
The operating result returns to profit in 2022: €387,962 after a loss of €398,394 in 2021, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.4m
2022
Net result€0.4m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.7m
2022
Equity€0.03m
2022
Debt€0.6m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.08m
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)56.4%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency3.9%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.87
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)9
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920212022
Operating result€0.08m--€0.4m-€0.4m
Net result€0.06m--€0.4mbelow the sector's middle half-€0.4mabove the sector's middle half
Equity€0.06m--€0.4mbelow the sector's middle half-€0.03mbelow the sector's middle half
Total assets€0.7m-€0.7mwithin the sector's middle half-€0.7mwithin the sector's middle half▼ 0.4%
Debt€0.6m-€1.0m-€0.6m▼ 37.1%
Working capital-€0.03m--€0.5mbelow the sector's middle half--€0.08mbelow the sector's middle half▲ 83.7%
Solvency9.2%--52.3%below the sector's middle half-3.9%below the sector's middle half▲ 56.2pp
Current ratio0.94-0.50below the sector's middle half-0.87within the sector's middle half▲ 0.37
Return on assets (ROA)8.5%--61.8%below the sector's middle half-56.4%above the sector's middle half▲ 118.2pp
Staff (FTE)7.2-6.3within the sector's middle half-9within the sector's middle half▲ 42.9%
above
within
below
the middle half of NACE 73, Advertising, market research and public relations 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €674,068
Fixed assets
€166,278 ▼ 16.2%
Current assets
€507,790 ▲ 6.2%
Equity and liabilities €674,068
Equity
€26,038
Debt
€648,030
Debt finances 96.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€441,894▲
2021 · -€292,127
Cash flow
€433,915▲
2021 · -€312,203
Debt to equity
24.89
Interest coverage
57.54
Debt ≤ 1 year
€585,317▼
2021 · €953,985
Debt > 1 year
€60,484▼
2021 · €74,984
Income taxes
€912▼
2021 · €1,100
Staff costs
€468,857
A ratio outside any meaningful range has been withheld (balance sheet total €674,068, equity €26,038).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €342,864 | - |
| Remuneration, social security and pensions62 | - | - | €468,857 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,011 | €106,267 | €53,932 | ▼ 49.2% |
| Other operating charges640/8 | - | - | €9,025 | - |
| Non-recurring operating charges66A | - | - | €23,205 | - |
| Gross operating margin9900 | €629,192 | €408,898 | €942,981 | ▲ 131% |
| Operating profit (loss)9901 | €75,047 | -€398,394 | €387,962 | - |
| Financial income75/76B | - | - | €613 | - |
| Recurring financial income75 | €1,000 | €194 | €613 | ▲ 216% |
| Financial charges65/66B | - | - | €7,680 | - |
| Recurring financial charges65 | €15,644 | €19,170 | €7,680 | ▼ 59.9% |
| Profit (loss) for the period before taxes9903 | €60,403 | -€417,370 | €380,896 | - |
| Income taxes67/77 | €692 | €1,100 | €912 | ▼ 17.0% |
| Profit (loss) for the period9904 | €59,711 | -€418,469 | €379,983 | - |
| Profit (loss) for the period to be appropriated9905 | €59,711 | -€418,469 | €379,983 | - |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.7m | €0.7m | €0.7m | ▼ 0.4% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | ▼ 16.2% |
| Intangible fixed assets21 | €0.05m | €0.05m | €0.03m | ▼ 33.3% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.1m | ▼ 11.1% |
| Land and buildings22 | - | - | €0.07m | - |
| Plant, machinery and equipment23 | - | - | €0.05m | - |
| Furniture and vehicles24 | - | - | €0.01m | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.5m | €0.5m | €0.5m | ▲ 6.2% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.4m | ▲ 6.5% |
| Trade receivables40 | - | - | €0.4m | - |
| Cash at bank and in hand54/58 | €0.04m | €0.1m | €0.1m | ▼ 12.7% |
| Deferred charges and accrued income490/1 | - | - | €0.02m | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €0.7m | ▼ 0.4% |
| Equity10/15 | €0.06m | -€0.4m | €0.03m | - |
| Contributions10/11 | €0.2m | - | €0.2m | - |
| Reserves13 | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | - |
| Reserves not available under the articles1311 | - | - | €0.002m | - |
| Tax-exempt reserves132 | - | - | €0.04m | - |
| Distributable reserves133 | - | - | €0.1m | - |
| Profit (loss) carried forward14 | -€0.2m | -€0.7m | -€0.3m | ▲ 57.8% |
| Amounts payable17/49 | €0.6m | €1.0m | €0.6m | ▼ 37.1% |
| Amounts payable after more than one year17 | €0.1m | €0.07m | €0.06m | ▼ 19.3% |
| Financial debts170/4 | - | - | €0.06m | - |
| Amounts payable within one year42/48 | €0.5m | €1.0m | €0.6m | ▼ 38.6% |
| Current portion of amounts payable after more than one year42 | - | - | €0.06m | - |
| Financial debts43 | - | - | €0.05m | - |
| Credit institutions430/8 | - | - | €0.05m | - |
| Trade debts44 | €0.2m | €0.3m | €0.2m | ▼ 34.0% |
| Suppliers440/4 | - | - | €0.2m | - |
| Taxes, remuneration and social security45 | - | - | €0.2m | - |
| Taxes450/3 | - | - | €0.1m | - |
| Remuneration and social security454/9 | - | - | €0.1m | - |
| Other amounts payable47/48 | - | - | €0.07m | - |
| Accrued charges and deferred income492/3 | - | - | €0.002m | - |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,711 | -€418,469 | €379,983 | - |
| + Depreciation and write-downs630 | €68,011 | €106,267 | €53,932 | ▼ 49.2% |
| Operating cash flow (approximation) | €127,722 | -€312,203 | €433,915 | - |
| Investment in fixed assets (approximation) | - | - | -€21,892 | - |
| Change in cash | - | - | -€14,494 | - |
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 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2022 | abbreviated format | 08-12-2022 | 2022-20534287 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03500155 |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-11000493 |
| 30-09-2018 | abbreviated format | 30-04-2019 | 2019-12000599 |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-51400320 |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38200518 |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-37500517 |
| 31-12-2013 | abbreviated format | 30-07-2014 | 2014-37800560 |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-37300472 |
| 31-12-2011 | abbreviated format | 25-07-2012 | 2012-34000387 |
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Of the 9,794 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,776. 2,767 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €6,031 awarded · €6,030 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €1,490 | €1,489 |
| 2022 | 1 | €4,541 | €4,541 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.