DAM FOOD
InactiveDAM FOOD was declared bankrupt on 21-06-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 27-05-2025, published in the Belgian State Gazette on 04-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-08-2021, 25 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
25 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-129k▼ 152%
2019 · €-51k
2019: €-51k
2019 → 2020
Total assets
€155k▼ 5.3%
2019 · €163k
2019: €163k
2019 → 2020
Net result
€-78k▼ 11.4%
2019 · €-70k
2019: €-70k
2019 → 2020
Working capital
€-142k▼ 92.3%
2019 · €-74k
2019: €-74k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€-51k-€-129k▼ 152%
Operating result€-67k-€-73k▼ 8.3%
Net result€-70k-€-78k▼ 11.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2020 against €67k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €154k
Fixed assets
€124k ▼ 6.9%
Current assets
€31k ▲ 3.5%
Key figures and ratios
EBITDA
€-63k▼
2019 · €-59k
Cash flow
€-68k▼
2019 · €-61k
Solvency
-83.6%▼
2019 · -31.4%
Current ratio
0.18▼
2019 · 0.29
Quick ratio
0.15▼
2019 · 0.25
Debt to equity
-0.86▲
2019 · -2.17
ROA
-50.4%▼
2019 · -42.8%
Debt
€284k▲
2019 · €215k
Debt ≤ 1 year
€172k▲
2019 · €103k
Debt > 1 year
€111k=
2019 · €111k
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€163k€155k▼
Formation expenses20€1k€472▼
Fixed assets21/28€133k€124k▼
Tangible fixed assets22/27€114k€105k▼
Financial fixed assets28€18k€18k=
Current assets29/58€30k€31k▲
Stocks and contracts in progress3€4k€4k▲
Amounts receivable within one year40/41€4k€4k▼
Cash at bank and in hand54/58€21k€16k▼
Equity and liabilities
Total equity and liabilities10/49€163k€155k▼
Equity10/15€-51k€-129k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-70k€-148k▼
Amounts payable17/49€215k€284k▲
Amounts payable after more than one year17€111k€111k=
Amounts payable within one year42/48€103k€172k▲
Trade debts44€54k€112k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Gross operating margin9900€-39k€-29k▲
Operating profit (loss)9901€-67k€-73k▼
Recurring financial income75-€519
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-70k€-78k▼
Profit (loss) for the period9904€-70k€-78k▼
Profit (loss) for the period to be appropriated9905€-70k€-78k▼
Timeline · acts, filings and financial milestones
2025
04-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · DAM FOOD BV NIEUWSTRAAT 123 BUS M11, 1000 BRUSSEL 1 · event 27-05-2025
2022
28-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · DAM FOOD BV NIEUW- STRAAT 123 BUS M11, 1000 BRUSSEL 1 · event 21-06-2022
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
SignalNBB filing
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS EZELSTRAAT 25, 8000 BRUGGE- |
21-06-2022 → 27-05-2025 |