DYNAMOO
Open bankruptcyFrom the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette
A bankruptcy procedure is open for DYNAMOO according to publications in the Belgian Official Gazette; trustee: Jeroen Pinoy.
Summary
The file additionally contains 3 judicial reorganisation notices. The 2022 annual accounts show equity of €26,038 and a net result of €379,983, of which €342,864 non-recurring income.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Antwerp, Mechelen division
- Declared bankrupt
- 23 August 2023
- Supervising judge
- Eddy Brouwers
- Official Gazette
- 01-09-2023 (pdf) ↗search the document for 2023/132562
Deadlines
- Provisional date payments stopped
- 23 August 2023A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 16 September 2023Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 22 September 2023art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 16 October 2023Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 23 August 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Jeroen PinoyCellebroedersstraat 13, 2800 Mechelenjeroenpinoy@alexius.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Official details
KBO- Status
- Active since 31-05-2002 Open bankruptcy
- Legal form
- Private limited company
- Registered office
- Lintsesteenweg 69, 2500 Lier
- Activity
- Advertising agencies NACE 73110and 1 other
- Establishment unit
- 2.094.741.823 2500 Lier, since 14-06-2002
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Who decides
Board
- MPM Strategy BVDirector
Shareholders
How it is doing
Open bankruptcy: no score
Annual accounts to 30-06-2022
- Gross margin
- €942,981
- ▲ 131%
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €379,983
- Equity
- €26,038
- Total assets
- €674,068
- ▼ 0.4%
- Staff
- 9 FTE
- ▲ 42.9%
Filed on 08-12-2022PDF
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 08-12-2022, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
54 days early
2021
on the day
2019
on the day
2018
on the day
2016
29 days late
2015
2 days early
2014
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 73) for financial year 2022 is 3 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2022, abbreviated format
Latest annual accounts filed
Annual accounts 2022
- Financial year ended
- 30-06-2022
- Filed on
- 08-12-2022
- Format
- abbreviated format
- Reference
- 2022-20534287
Turnover
≈ €1.9m
Estimated: probably between €1.3m and €2.5m
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. The turnover shown is an estimate from the gross margin.
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 | Document |
|---|---|---|---|---|
| 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 9,792 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,886. 2,853 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.
Directors
Directors
1 director
MPM Strategy BV
Current
Director · Legal entity · in the 2022 annual accounts, filed on 08-12-2022
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MPM Strategy BV |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jeroen Pinoy Cellebroedersstraat 13, 2800 Mechelen |
23-08-2023 → present |
Owners and capital
Owners
1 ownerChain of control
- MPM HOLDING
- DYNAMOO
Owners 1
- MPM HOLDINGparent99.46%
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2023
01-09
Bankruptcy
Opening
Enterprise Court of Antwerp, Mechelen division · judgment of 23-08-2023
2022
2021
20-09
Judicial reorganisation
Plan homologation
Enterprise Court of Antwerp · judgment of 13-09-2021
13-07
Judicial reorganisation
Extension
Enterprise Court of Antwerp, Mechelen division · collective agreement · judgment of 07-07-2021
30-06
Financial
Weakest financial yearnet -€418,469
Net result drops to -€418,469, the lowest in the series.
19-03
Judicial reorganisation
Opening
Enterprise Court of Antwerp · collective agreement · judgment of 15-03-2021
2020
30-04
financial year 2019 · abbreviated format
2019
30-04
financial year 2018 · abbreviated format
2017
29-08
financial year 2016 · abbreviated format · 29 days late
2016
29-07
financial year 2015 · abbreviated format
Show earlier events
2015
30-07
financial year 2014 · abbreviated format
2014
30-07
financial year 2013 · abbreviated format
2013
30-07
financial year 2012 · abbreviated format
2012
25-07
financial year 2011 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Opening faillissement
DYNAMOO is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 30 June 2022
- Legal form
- Private limited company
- Active since
- 31 May 2002
Register details
Who it is
Name
DYNAMOO in Dutch
Enterprise number
0477.561.088
Type
Legal entity
Where it is based
Registered office
Lintsesteenweg 69, 2500 Lier, Belgium
Establishments
1 establishment unit since 2002
What it does
NACEBEL 202573110
Advertising agencies main activity
58130
Publishing activities
Invoicing and payment
VAT number
BE 0477.561.088
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
1 establishment unit
Lintsesteenweg 69, 2500 Lier
since 2002unit no. 2.094.741.823
Buildings and parcels at the address
Ground area
2,106 m²
Building footprint
508 m²
Building volume
3,033 m³
Parcel 12393F0424/00C000, Flanders · tallest building 7.6 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12393F0424/00C000 | Flanders | 2,106 m² | 1 · 508 m² | 7.6 m · 2 |