Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NV Dynamica Industrial Property from Genk, company number BE0423654923, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year NV Dynamica Industrial Property recorded a gross margin of € 6.9 million and equity of € 19.4 million. Compared with financial year 2024, the result moved from € 56,463 to € -1.8 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 19.4 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ still € 56,463 profit in 2024
Profit after tax over the fiscal year.
€ 11,470
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 17.1 million.
Debts at end 2025
€ 70.9 million
▲ 42% vs 2024
€ 3.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 502,592
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.8 million
▲ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,528,484 | € 3,459,128 | € 6,114,075 | € 6,859,051 | ▲ 12% |
| Profit after taxes | € 4,038,716 | € 6,390,582 | € 56,463 | € -1,842,247 | ▼ € 1.9 million |
| Equity | € 5,317,311 | € 21,195,240 | € 21,251,703 | € 19,425,498 | ▼ 9% |
| Total debts | € 5,409,225 | € 40,016,240 | € 63,338,837 | € 96,006,295 | ▲ 52% |
| Cash | € 481,064 | € 1,009,157 | € 389,447 | € 11,470 | ▼ 97% |
| Land & buildings | € 5,770,684 | € 44,333,147 | € 55,762,361 | € 79,984,336 | ▲ 43% |
| Retained profit | € 5,116,747 | € 18,860,214 | € 18,916,677 | € 17,074,430 | ▼ 10% |
| Bank debt | € 4,853,320 | € 34,380,032 | € 49,835,492 | € 70,886,002 | ▲ 42% |
| Balance sheet total | € 11,914,247 | € 63,932,887 | € 87,294,507 | € 118,182,866 | ▲ 35% |
Key figures of NV Dynamica Industrial Property, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NV Dynamica Industrial Property?
What happened at NV Dynamica Industrial Property in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PONNCO stepped down as director. NBB
- QUINNCO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.8 million (▼ € 1.9 million vs 2024). filed late Source: NBB ↗
- PONNCO became a director. NBB
- QUINNCO became a director. NBB
- Medical Partners NV stepped down as director. NBB
- Cedric De Quinnemar stepped down as director. NBB
- Medical Partners NV became a director. NBB
In short
From € 4 million profit in 2022 to € 1.8 million loss in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 6.4 million profit.
Management
The stake of MEDICAL PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NV Dynamica Industrial PropertyThe shares are held by MEDICAL PARTNERS (100%). It owns 100% of Foresco Industrial Packaging and 100% of Corpack Immo itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Jan Ponnet
Also active at: MEDICAL PARTNERS, MedCare Partners, Newton Force
since 2025 · until 2031
Managing director · represented by Cedric De Quinnemar
Also active at: MEDICAL PARTNERS, MedCare Partners, Domoco, PATAT, Newton Force, Green Hill I
since 2025 · until 2031
Managing director · represented by Jan Ponnet
Also active at: ARIBO, LivWise, Domoco, RETT KURS, PATAT, FORESCO GROUP, Newton Force, Immo Eikelaarstraat +1 more
since 2020 · until 2025
Cedric De Quinnemar
Managing director
Also active at: CAISSERIES BELLE VUE, FORESCO PALLETS, LEBECK LUXEMBOURG, OPTIMUS, PALETTEN ANDRIES, RYCOBEL, ARSEUS MEDICAL, FORESCO PALLET RECYCLING +39 more
since 2020 · until 2025
Shareholders
100%
Participations
Foresco Industrial Packaging
100%
100%
Establishments
Establishment units
Physical locations of this company
Eikelaarstraat 32
3600 Genk
Lievevrouwkesbosweg 75
2610 Antwerpen
Active since 29 September 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Foresco BE same network
€ 64.6 million revenue · 2024
MEDICAL PARTNERS same network
CROWN OF BAKEM
€ -2,595 gross margin · 2025
CROWN OF JUKEM
€ -2,595 gross margin · 2025
FORESCO GROUP same network
€ 8.1 million revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.654.923
- VAT number
- BE 0423.654.923
- Registered office
- Eikelaarstraat 32, 3600 Genk
- Names & denominations
- NV Dynamica Industrial Property
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis