D-Lynck
ActiveSummary
D-Lynck has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €36k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100▲+46
Solvency83▲+18
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.6 against 2.89 in 2022; short-term debt: 40.4% and cash: 26.8% of total assets), and 41.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2021 and did not fall compared with 2022. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
20212224
2020 to 2024 · latest year €67k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2022
150 d late
2021
178 d late
2020
542 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€67k▲ 248%
2022 · €19k
2020: €34k
2021: €25k
2022: €19k
2020 → 2024
Total assets
€115k▲ 141%
2022 · €48k
2020: €78k
2021: €67k
2022: €48k
2020 → 2024
Net result
€36k
2022 · €-6k
2020: €24k
2021: €-9k
2022: €-6k
2020 → 2024
Working capital
€28k▲ 62.2%
2022 · €17k
2020: €21k
2021: €15k
2022: €17k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222024Trend
Equity€34k-€25k▼ 27.5%€19k▼ 22.7%€67k▲ 248%
Operating result€36k-€-8k€-4k▲ 56.8%€51k
Net result€24k-€-9k€-6k▲ 40.1%€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €51k in 2024, compared with €-4k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €115k
Fixed assets
€41k ▲ 89.9%
Current assets
€74k ▲ 183%
Equity and liabilities €115k
Equity
€67k ▲ 248%
Debt
€48k ▲ 68.4%
Debt's share of the balance-sheet total falls from 59.6% to 41.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2022 · €8k
Cash flow
€46k▲
2022 · €6k
Current ratio
1.60▼
2022 · 2.89
Quick ratio
1.53▼
2022 · 2.50
Debt to equity
0.71▼
2022 · 1.47
ROE
54.3%▲
2022 · -29.4%
ROA
31.7%▲
2022 · -11.9%
Interest coverage
19.15▲
2022 · 9.39
Debt ≤ 1 year
€46k▲
2022 · €9k
Income taxes
€11k▲
2022 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 44 lines
Balance sheet
Code20222024
Assets
Total assets20/58€48k€115k▲
Fixed assets21/28€21k€41k▲
Tangible fixed assets22/27€21k€41k▲
Plant, machinery and equipment23€10k€5k▼
Furniture and vehicles24€11k€36k▲
Current assets29/58€26k€74k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€5k€31k▲
Trade receivables40€5k€31k▲
Cash at bank and in hand54/58€8k€31k▲
Deferred charges and accrued income490/1€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€48k€115k▲
Equity10/15€19k€67k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€9k€57k▲
Amounts payable17/49€28k€48k▲
Amounts payable after more than one year17€17k-
Financial debts170/4€17k-
Amounts payable within one year42/48€9k€46k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€3k€19k▲
Taxes450/3€3k€17k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€25k▲
Accrued charges and deferred income492/3€3k€1k▼
Income statement
Code20222024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€9k▼
Other operating charges640/8€419€953▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€9k€66k▲
Operating profit (loss)9901€-4k€51k▲
Financial income75/76B€1€47▲
Recurring financial income75€1€47▲
Financial charges65/66B€876€3k▲
Recurring financial charges65€876€3k▲
Profit (loss) for the period before taxes9903€-4k€47k▲
Income taxes67/77€1k€11k▲
Profit (loss) for the period9904€-6k€36k▲
Profit (loss) for the period to be appropriated9905€-6k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€73k▲
Profit (loss) brought forward from the previous period14P€15k€37k▲
Profit to be distributed694/7-€16k
Return on contributions (dividend)694-€16k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 178 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 542 days late
2021
31-12
Financial
Weakest financial yearnet €-9k ▼139%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tielt-Winge · 1 establishment unit since 2019
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.
Sint-Jorisveld 493390 Tielt-WingeGround area
769 m²
Building footprint
106 m²
Volume, LiDAR
588 m³
Parcel 24101D0100/00Y000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-Lynck
since 20192.289.419.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101D0100/00Y000 | Flanders | 769 m² | 1 · 106 m² | 7.9 m · 2 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.
Similar companies · same sector, comparable size
GMDB Engineering
BE 0751.851.750
Halen · Eq €67,095
CORRUGATED ENGINEERING AND MAINTENANCE
BE 0462.216.183
Hooglede · Eq €67,043
JhkB
BE 0788.420.750
Gent · Eq €67,005
RUBCO ENGINEERING
BE 0769.661.841
Alveringem · Eq €67,003
Lath
BE 0805.626.471
Genk · Eq €67,237
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
42120Civil engineering
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.