DYNALI
ActiveSummary
DYNALI has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.56M and a net result of €-783k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 37 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▲+28
Solvency85▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 2.86 in 2024; short-term debt: 21.6% and cash: 0.8% of total assets), and 39.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 30
Relative position
BE, all sectors
reference
Manufacture of other transport equipment (NACE 30)
about 67% more bankruptcies
← 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
60.3%
Return on assets
-13.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-783k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
113 d early
2023
44 d early
2022
30 d late
2021
30 d late
2020
26 d late
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-783k▲ 29.7%
2024 · €-1.11M
2018: €90khighest in 8 years
2019: €50k▼ -44.2% vs 2018
2020: €72k▲ +44.3% vs 2019
2021: €-95k▼ -232% vs 2020
2022: €-2.23M▼ -2240% vs 2021lowest in 8 years
2023: €-1.93M▲ +13.5% vs 2022
2024: €-1.11M▲ +42.1% vs 2023
2025: €-783k▲ +29.7% vs 2024
2018 → 2025
Working capital
€763k▼ 51.0%
2024 · €1.55M
2018: €318k
2019: €2.09M▲ +557% vs 2018
2020: €2.93M▲ +40.5% vs 2019highest in 8 years
2021: €928k▼ -68.4% vs 2020
2022: €-214k▼ -123% vs 2021
2023: €-1.03M▼ -380% vs 2022lowest in 8 years
2024: €1.55M▲ +251% vs 2023
2025: €763k▼ -51.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€578k-€1.64M▲ 184%€-292k€4.35M€3.56M▼ 18.0%
2021: €578k
2022: €1.64M▲ +184% vs 2021
2023: €-292k▼ -118% vs 2022lowest in 5 years
2024: €4.35M▲ +1590% vs 2023highest in 5 years
2025: €3.56M▼ -18.0% vs 2024
Operating result€64k-€-2.12M€-1.80M▲ 15.3%€-855k▲ 52.5%€-637k▲ 25.6%
2021: €64khighest in 5 years
2022: €-2.12M▼ -3413% vs 2021lowest in 5 years
2023: €-1.80M▲ +15.3% vs 2022
2024: €-855k▲ +52.5% vs 2023
2025: €-637k▲ +25.6% vs 2024
Net result€-95k-€-2.23M▼ 2,240%€-1.93M▲ 13.5%€-1.11M▲ 42.1%€-783k▲ 29.7%
2021: €-95khighest in 5 years
2022: €-2.23M▼ -2240% vs 2021lowest in 5 years
2023: €-1.93M▲ +13.5% vs 2022
2024: €-1.11M▲ +42.1% vs 2023
2025: €-783k▲ +29.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €637k in 2025 against €855k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.91M
Fixed assets
€3.87M ▼ 4.9%
Current assets
€2.04M ▼ 14.8%
Equity and liabilities €5.91M
Equity
€3.56M ▼ 18.0%
Debt
€2.34M ▲ 10.9%
Debt's share of the balance-sheet total rises from 32.7% to 39.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€457k▲
2024 · €-5k
Cash flow
€310k▲
2024 · €-264k
Current ratio
1.60▼
2024 · 2.86
Quick ratio
0.54▼
2024 · 1.17
Debt to equity
0.66▲
2024 · 0.49
ROE
-22.0%▲
2024 · -25.6%
ROA
-13.3%▲
2024 · -17.3%
Interest coverage
3.12▲
2024 · -0.02
Debt ≤ 1 year
€1.27M▲
2024 · €834k
Debt > 1 year
€1.07M▲
2024 · €92k
Income taxes
€202▼
2024 · €230
Staff costs
€1.72M▲
2024 · €1.66M
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.46M€5.91M▼
Fixed assets21/28€4.07M€3.87M▼
Intangible fixed assets21€3.35M€3.33M▼
Tangible fixed assets22/27€713k€538k▼
Plant, machinery and equipment23€373k€257k▼
Furniture and vehicles24€7k€2k▼
Other tangible fixed assets26€333k€279k▼
Financial fixed assets28€4k€4k=
Current assets29/58€2.39M€2.04M▼
Stocks and contracts in progress3€1.41M€1.35M▼
Stocks30/36€1.41M€1.35M▼
Amounts receivable within one year40/41€665k€591k▼
Trade receivables40€580k€324k▼
Other amounts receivable41€85k€267k▲
Cash at bank and in hand54/58€281k€48k▼
Deferred charges and accrued income490/1€33k€46k▲
Equity and liabilities
Total equity and liabilities10/49€6.46M€5.91M▼
Equity10/15€4.35M€3.56M▼
Contributions10/11€8.67M€8.67M=
Profit (loss) carried forward14€-4.32M€-5.10M▼
Amounts payable17/49€2.11M€2.34M▲
Amounts payable after more than one year17€92k€1.07M▲
Financial debts170/4€85k€1.07M▲
Other amounts payable178/9€7k-
Amounts payable within one year42/48€834k€1.27M▲
Current portion of amounts payable after more than one year42€66k€82k▲
Trade debts44€215k€337k▲
Suppliers440/4€215k€337k▲
Taxes, remuneration and social security45€553k€855k▲
Taxes450/3€72k€88k▲
Remuneration and social security454/9€481k€767k▲
Accrued charges and deferred income492/3€1.19M-
Income statement
Code20242025
Non-recurring operating income76A€79k-
Remuneration, social security and pensions62€1.66M€1.72M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€850k€1.09M▲
Other operating charges640/8€52k€46k▼
Non-recurring operating charges66A-€225k
Gross operating margin9900€1.71M€2.45M▲
Operating profit (loss)9901€-855k€-637k▲
Financial income75/76B€11k-
Recurring financial income75€11k-
Financial charges65/66B€270k€147k▼
Recurring financial charges65€270k€147k▼
Profit (loss) for the period before taxes9903€-1.11M€-783k▲
Income taxes67/77€230€202▼
Profit (loss) for the period9904€-1.11M€-783k▲
Profit (loss) for the period to be appropriated9905€-1.11M€-783k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5.82M€-5.10M▲
Profit (loss) brought forward from the previous period14P€-4.71M€-4.32M▲
Transfer from equity791/2€1.50M-
Transfer to equity691/2€3k-
To contributions691€3k-
Social balance
Average headcount (FTE)908722.519.8▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €79k | - | - |
| Remuneration, social security and pensions62 | €1.13M | €1.39M | €1.75M | €1.66M | €1.72M | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €586k | €673k | €783k | €850k | €1.09M | ▲ 28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €12k | €60k | - | - | - |
| Other operating charges640/8 | €22k | €25k | €24k | €52k | €46k | ▼ 11.2% |
| Non-recurring operating charges66A | - | €223k | €89k | - | €225k | - |
| Gross operating margin9900 | €1.80M | €198k | €903k | €1.71M | €2.45M | ▲ 43.4% |
| Operating profit (loss)9901 | €64k | €-2.12M | €-1.80M | €-855k | €-637k | ▲ 25.6% |
| Financial income75/76B | €8k | €8k | €8k | €11k | - | - |
| Recurring financial income75 | €8k | €8k | €8k | €11k | - | - |
| Financial charges65/66B | €168k | €110k | €134k | €270k | €147k | ▼ 45.8% |
| Recurring financial charges65 | €168k | €110k | €134k | €270k | €147k | ▼ 45.8% |
| Profit (loss) for the period before taxes9903 | €-95k | €-2.23M | €-1.93M | €-1.11M | €-783k | ▲ 29.7% |
| Income taxes67/77 | - | - | - | €230 | €202 | ▼ 12.5% |
| Profit (loss) for the period9904 | €-95k | €-2.23M | €-1.93M | €-1.11M | €-783k | ▲ 29.7% |
| Profit (loss) for the period to be appropriated9905 | €-95k | €-2.23M | €-1.93M | €-1.11M | €-783k | ▲ 29.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.01M | €5.19M | €6.63M | €6.46M | €5.91M | ▼ 8.6% |
| Fixed assets21/28 | €3.10M | €3.42M | €4.43M | €4.07M | €3.87M | ▼ 4.9% |
| Intangible fixed assets21 | €1.26M | €1.55M | €2.38M | €3.35M | €3.33M | ▼ 0.7% |
| Tangible fixed assets22/27 | €1.84M | €1.86M | €2.05M | €713k | €538k | ▼ 24.6% |
| Plant, machinery and equipment23 | €189k | €139k | €496k | €373k | €257k | ▼ 31.1% |
| Furniture and vehicles24 | €269k | €393k | €311k | €7k | €2k | ▼ 78.0% |
| Leasing and similar rights25 | €1.13M | €989k | €862k | - | - | - |
| Other tangible fixed assets26 | €253k | €338k | €378k | €333k | €279k | ▼ 16.2% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €1.91M | €1.78M | €2.20M | €2.39M | €2.04M | ▼ 14.8% |
| Stocks and contracts in progress3 | €1.25M | €1.39M | €1.45M | €1.41M | €1.35M | ▼ 4.1% |
| Stocks30/36 | €1.25M | €1.39M | €1.45M | €1.41M | €1.35M | ▼ 4.1% |
| Amounts receivable within one year40/41 | €592k | €239k | €585k | €665k | €591k | ▼ 11.2% |
| Trade receivables40 | €526k | €183k | €498k | €580k | €324k | ▼ 44.2% |
| Other amounts receivable41 | €66k | €55k | €86k | €85k | €267k | ▲ 215% |
| Cash at bank and in hand54/58 | €56k | €117k | €125k | €281k | €48k | ▼ 83.1% |
| Deferred charges and accrued income490/1 | €10k | €25k | €33k | €33k | €46k | ▲ 38.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.01M | €5.19M | €6.63M | €6.46M | €5.91M | ▼ 8.6% |
| Equity10/15 | €578k | €1.64M | €-292k | €4.35M | €3.56M | ▼ 18.0% |
| Contributions10/11 | €1.10M | €4.40M | €4.40M | €8.67M | €8.67M | = |
| Reserves13 | €3k | €3k | €3k | - | - | - |
| Non-distributable reserves130/1 | €3k | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €3k | - | - | - |
| Profit (loss) carried forward14 | €-553k | €-2.78M | €-4.71M | €-4.32M | €-5.10M | ▼ 18.1% |
| Investment grants15 | €24k | €16k | €7k | - | - | - |
| Amounts payable17/49 | €4.44M | €3.55M | €6.92M | €2.11M | €2.34M | ▲ 10.9% |
| Amounts payable after more than one year17 | €3.45M | €1.56M | €3.69M | €92k | €1.07M | ▲ 1,059% |
| Financial debts170/4 | €1.43M | €1.26M | €1.04M | €85k | €1.07M | ▲ 1,160% |
| Other amounts payable178/9 | €2.03M | €300k | €2.65M | €7k | - | - |
| Amounts payable within one year42/48 | €982k | €1.99M | €3.22M | €834k | €1.27M | ▲ 52.7% |
| Current portion of amounts payable after more than one year42 | €729k | €712k | €2.40M | €66k | €82k | ▲ 23.7% |
| Trade debts44 | €122k | €168k | €168k | €215k | €337k | ▲ 56.8% |
| Suppliers440/4 | €122k | €168k | €168k | €215k | €337k | ▲ 56.8% |
| Advances received on contracts in progress46 | €45k | €487k | €298k | - | - | - |
| Taxes, remuneration and social security45 | €85k | €280k | €363k | €553k | €855k | ▲ 54.5% |
| Taxes450/3 | €28k | €25k | €47k | €72k | €88k | ▲ 22.2% |
| Remuneration and social security454/9 | €57k | €255k | €316k | €481k | €767k | ▲ 59.3% |
| Other amounts payable47/48 | €2k | €342k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €9k | €1.19M | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-95k | €-2.23M | €-1.93M | €-1.11M | €-783k | ▲ 29.7% |
| + Depreciation and write-downs630 | €586k | €673k | €783k | €850k | €1.09M | ▲ 28.6% |
| Operating cash flow (approximation) | €491k | €-1.55M | €-1.14M | €-264k | €310k | ▲ 217% |
| Investment in fixed assets (approximation) | - | €-985k | €-1.80M | €-491k | €-894k | ▼ 82.0% |
| Change in cash | - | €61k | €8k | €156k | €-234k | ▼ 250% |
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 2.86
Current ratio from 0.68 to 2.86; short-term debt falls from €3.22M to €834k.
31-12
Financial
Equity above €2MEq €4.35M
Equity rises from €-292k to €4.35M.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-2.23M
Net result drops to €-2.23M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.64M ▲184%
Equity rises from €578k to €1.64M.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Namur · 1 establishment unit since 2002
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.
Rue Capt. Aviateur Jacquet(SL) 485020 Namur1 establishment unit
DYNALI
since 20022.110.686.148
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Of 110 companies in sector 30310 we hold annual accounts for 68. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-05-1984
Fiscal year end31-12
Activities, NACEBEL 2025
30310Manufacture of other transport equipment
Scores and ratios are computed by Checked and are not a credit decision.