DYNAR DESIGN
InactiveDYNAR DESIGN was declared bankrupt on 28-11-2022 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed by liquidation by judgment of 17-11-2025, published in the Belgian State Gazette on 25-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-07-2022, 27 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
27 d early
2020
6 d late
2019
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€89,277▲ 2,099%
2020 · €4,060
Total assets
€198,443▲ 29.2%
2020 · €153,619
Net result
€85,217▲ 9,020%
2020 · €934
Working capital
€75,365▲ 38.4%
2020 · €54,472
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€16,274-€15,649€1,328▼ 91.5%€113,929▲ 8,478%
Net result-€20,560-€13,857€934▼ 93.3%€85,217▲ 9,020%
Equity-€10,732-€3,125€4,060▲ 29.9%€89,277▲ 2,099%
Total assets€134,008-€166,918▲ 24.6%€153,619▼ 8.0%€198,443▲ 29.2%
Debt€144,740-€163,792▲ 13.2%€149,559▼ 8.7%€109,166▼ 27.0%
Working capital-€16,119-€56,196€54,472▼ 3.1%€75,365▲ 38.4%
Staff (FTE)1.4-2.9▲ 107%3.1▲ 6.9%3.3▲ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 8,478% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €198,443
Fixed assets
€13,912 ▼ 53.0%
Current assets
€184,531 ▲ 48.8%
Equity and liabilities €198,443
Equity
€89,277 ▲ 2,099%
Debt
€109,166 ▼ 27.0%
Debt's share of the balance-sheet total falls from 97.4% to 55.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122,853▲
2020 · €8,479
Cash flow
€94,141▲
2020 · €8,085
Current ratio
1.69▼
2020 · 1.78
Quick ratio
0.94▲
2020 · 0.70
Debt to equity
1.22▼
2020 · 19.71
ROE
95.5%▲
2020 · 23.0%
ROA
42.9%▲
2020 · 0.6%
Interest coverage
566.14
Debt ≤ 1 year
€109,166▲
2020 · €69,559
Income taxes
€28,529
Staff costs
€36,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €59,618 | - |
| Remuneration, social security and pensions62 | - | - | - | €36,285 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,609 | €6,385 | €7,151 | €8,924 | ▲ 24.8% |
| Other operating charges640/8 | - | - | - | €607 | - |
| Gross operating margin9900 | €43,533 | €83,226 | €65,174 | €159,745 | ▲ 145% |
| Operating profit (loss)9901 | -€16,274 | €15,649 | €1,328 | €113,929 | ▲ 8,478% |
| Financial income75/76B | - | - | - | €34 | - |
| Recurring financial income75 | - | - | €262 | €34 | ▼ 87.0% |
| Financial charges65/66B | - | - | - | €217 | - |
| Recurring financial charges65 | €4,286 | €1,791 | €656 | €217 | ▼ 66.9% |
| Profit (loss) for the period before taxes9903 | -€20,560 | €13,857 | €934 | €113,746 | ▲ 12,073% |
| Income taxes67/77 | - | - | - | €28,529 | - |
| Profit (loss) for the period9904 | -€20,560 | €13,857 | €934 | €85,217 | ▲ 9,020% |
| Profit (loss) for the period to be appropriated9905 | -€20,560 | €13,857 | €934 | €85,217 | ▲ 9,020% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €134,008 | €166,918 | €153,619 | €198,443 | ▲ 29.2% |
| Fixed assets21/28 | €13,284 | €26,929 | €29,588 | €13,912 | ▼ 53.0% |
| Intangible fixed assets21 | €12,196 | €25,167 | €25,281 | - | - |
| Tangible fixed assets22/27 | €1,013 | €1,687 | €4,233 | €13,837 | ▲ 227% |
| Plant, machinery and equipment23 | - | - | - | €13,837 | - |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €120,724 | €139,989 | €124,031 | €184,531 | ▲ 48.8% |
| Stocks and contracts in progress3 | €56,968 | €68,344 | €75,675 | €82,142 | ▲ 8.5% |
| Stocks30/36 | - | - | - | €82,142 | - |
| Amounts receivable within one year40/41 | €32,655 | €21,643 | €13,548 | €5,848 | ▼ 56.8% |
| Trade receivables40 | - | - | - | €5,474 | - |
| Other amounts receivable41 | - | - | - | €374 | - |
| Cash at bank and in hand54/58 | €31,100 | €46,045 | €34,809 | €96,541 | ▲ 177% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €134,008 | €166,918 | €153,619 | €198,443 | ▲ 29.2% |
| Equity10/15 | -€10,732 | €3,125 | €4,060 | €89,277 | ▲ 2,099% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€29,332 | -€15,475 | -€14,540 | €70,677 | ▲ 586% |
| Amounts payable17/49 | €144,740 | €163,792 | €149,559 | €109,166 | ▼ 27.0% |
| Amounts payable after more than one year17 | €7,897 | €80,000 | €80,000 | - | - |
| Amounts payable within one year42/48 | €136,843 | €83,792 | €69,559 | €109,166 | ▲ 56.9% |
| Trade debts44 | €33,799 | €28,735 | €14,176 | €39,778 | ▲ 181% |
| Suppliers440/4 | - | - | - | €39,778 | - |
| Taxes, remuneration and social security45 | - | - | - | €48,928 | - |
| Taxes450/3 | - | - | - | €29,019 | - |
| Remuneration and social security454/9 | - | - | - | €19,909 | - |
| Other amounts payable47/48 | - | - | - | €20,460 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,560 | €13,857 | €934 | €85,217 | ▲ 9,020% |
| + Depreciation and write-downs630 | €6,609 | €6,385 | €7,151 | €8,924 | ▲ 24.8% |
| Operating cash flow (approximation) | -€13,951 | €20,243 | €8,085 | €94,141 | ▲ 1,064% |
| Investment in fixed assets (approximation) | - | -€20,030 | -€9,810 | €6,752 | ▲ 169% |
| Change in cash | - | €14,945 | -€11,236 | €61,732 | ▲ 649% |
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
25-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Mons · event 17-11-2025
2022
02-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 28-11-2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €85,217 ▲9,020%
Operating result €113,929, net result €85,217, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Back to profitnet €13,857
Net result €13,857 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CAROLINE BOSCO RUE DES ARCHERS, 4, 7000 MONS-
.
Date provisoire de cessation de paiement : 28/11/2022 |
28-11-2022 → 17-11-2025 |