La Dynamique Appliquée
ActiveLa Dynamique Appliquée has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.12M and a net result of €169k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 100 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-2
Solvency96▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 4.3 against 3.68 in 2024; short-term debt: 21.7% and cash: 15.3% of total assets), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.6%
Return on assets
5.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 d late
2023
26 d late
2022
30 d late
2021
26 d late
2020
25 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€169k▼ 20.7%
2024 · €213k
2018: €179k
2019: €95k
2020: €112k
2021: €169k
2022: €254k
2023: €294k
2024: €213k
2018 → 2025
Working capital
€2.15M▲ 9.4%
2024 · €1.96M
2018: €1.26M
2019: €1.34M
2020: €1.42M
2021: €1.27M
2022: €1.39M
2023: €1.74M
2024: €1.96M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.29M-€1.44M▲ 11.9%€1.74M▲ 20.3%€1.95M▲ 12.3%€2.12M▲ 8.7%
Operating result€299k-€357k▲ 19.2%€463k▲ 29.8%€351k▼ 24.1%€264k▼ 24.8%
Net result€169k-€254k▲ 50.7%€294k▲ 15.6%€213k▼ 27.3%€169k▼ 20.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€204k▼ 14.3%
Current assets
€2.80M▲ 3.9%
Equity and liabilities €3.01M
Equity
€2.12M▲ 8.7%
Debt
€885k▼ 10.0%
The debt ratio falls from 33.5% to 29.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€346k▼
2024 · €418k
Cash flow
€251k▼
2024 · €281k
Solvency
70.6%▲
2024 · 66.5%
Current ratio
4.30▲
2024 · 3.68
Quick ratio
1.36▲
2024 · 1.27
Debt / equity
0.42▼
2024 · 0.50
ROE
8.0%▼
2024 · 10.9%
ROA
5.6%▼
2024 · 7.3%
Interest coverage
9.62▲
2024 · 8.13
Debt
€885k▼
2024 · €984k
Debt ≤ 1 year
€652k▼
2024 · €733k
Debt > 1 year
€191k▼
2024 · €206k
Income taxes
€66k▼
2024 · €92k
Staff costs
€838k▲
2024 · €755k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.94M€3.01M▲
Fixed assets21/28€238k€204k▼
Intangible fixed assets21€15k€12k▼
Tangible fixed assets22/27€222k€192k▼
Plant, machinery and equipment23€17k€11k▼
Furniture and vehicles24€20k€15k▼
Leasing and similar rights25€186k€166k▼
Other tangible fixed assets26€0-
Current assets29/58€2.70M€2.80M▲
Stocks and contracts in progress3€1.77M€1.92M▲
Stocks30/36€1.77M€1.92M▲
Amounts receivable within one year40/41€579k€375k▼
Trade receivables40€567k€354k▼
Other amounts receivable41€11k€21k▲
Cash at bank and in hand54/58€330k€460k▲
Deferred charges and accrued income490/1€23k€51k▲
Equity and liabilities
Total equity and liabilities10/49€2.94M€3.01M▲
Equity10/15€1.95M€2.12M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€133€133=
Reserves13€92k€92k=
Non-distributable reserves130/1€47k€47k=
Legal reserve130€36k€36k=
Other1319€11k€11k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€1.80M€1.97M▲
Amounts payable17/49€984k€885k▼
Amounts payable after more than one year17€206k€191k▼
Financial debts170/4€206k€191k▼
Amounts payable within one year42/48€733k€652k▼
Current portion of amounts payable after more than one year42€103k€50k▼
Trade debts44€477k€348k▼
Suppliers440/4€477k€348k▼
Taxes, remuneration and social security45€136k€239k▲
Taxes450/3€26k€97k▲
Remuneration and social security454/9€110k€141k▲
Other amounts payable47/48€16k€16k=
Accrued charges and deferred income492/3€45k€42k▼
Income statement
Code20242025
Remuneration, social security and pensions62€755k€838k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€81k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€12k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€1.19M€1.20M▲
Operating profit (loss)9901€351k€264k▼
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€51k€36k▼
Recurring financial charges65€51k€36k▼
Profit (loss) for the period before taxes9903€305k€235k▼
Income taxes67/77€92k€66k▼
Profit (loss) for the period9904€213k€169k▼
Profit (loss) for the period to be appropriated9905€213k€169k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.80M€1.97M▲
Profit (loss) brought forward from the previous period14P€1.58M€1.80M▲
Social balance
Average headcount (FTE)908711.012.0▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €2MEq €2.12M ▲8.7%
8 profitable years in a row build equity to €2.12M.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €294k ▲15.6%
Operating result €463k, net result €294k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial
Weakest financial yearnet €95k ▼46.7%
Net result drops to €95k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
Registered office, Zemst · 1 establishment unit since 1963
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hoge Buizen 531980 ZemstGround area
2,989 m²
Building footprint
1,616 m²
Volume, LiDAR
14,557 m³
Parcel 23020D0342/00V002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hoge Buizen 53, 1980 Zemst
since 19632.006.134.105
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23020D0342/00V002 | Flanders | 2,989 m² | 1 · 1,616 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,405 EUR awarded · 6,050 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,175 EUR | 2,175 EUR |
| 2024 | 1 | 3,616 EUR | 3,261 EUR |
| 2023 | 1 | 99 EUR | 99 EUR |
| 2022 | 1 | 515 EUR | 515 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 43 companies in sector 27320 we hold annual accounts for 23. 14 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1963
Fiscal year end31-12
Activities, NACEBEL
27320Manufacture of electrical equipment
31623
46643Wholesale of electrical equipment, including installation materials
27900Manufacture of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesWebsite:www.LDA.be
E-mail:p.deconinck@LDA.be
Phone:022661313
Fax:022644714
E-mail:m.deconinck@LDA.be