DAMABEL
ActiveSummary
DAMABEL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €63k and a net result of €3k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 48% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-22
Solvency55=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.7 in 2023; short-term debt: 23.8% and cash: 15.5% of total assets), and 69.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.2%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
29 d late
2022
87 d late
2021
144 d late
2020
90 d late
2019
143 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€63k▲ 5.9%
2023 · €59k
2018: €29k
2019: €17k▼ -40.6% vs 2018
2020: €7k▼ -57.3% vs 2019lowest in 7 years
2021: €32k▲ +331% vs 2020
2022: €22k▼ -32.8% vs 2021
2023: €59k▲ +174% vs 2022
2024: €63k▲ +5.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€207k▲ 5.0%
2023 · €197k
2018: €233k
2019: €241k▲ +3.2% vs 2018highest in 7 years
2020: €230k▼ -4.6% vs 2019
2021: €193k▼ -15.8% vs 2020
2022: €164k▼ -15.1% vs 2021lowest in 7 years
2023: €197k▲ +20.2% vs 2022
2024: €207k▲ +5.0% vs 2023
2018 → 2024
Net result
€3k▼ 90.7%
2023 · €38k
2018: €25k
2019: €-12k▼ -148% vs 2018lowest in 7 years
2020: €-10k▲ +16.1% vs 2019
2021: €25k▲ +347% vs 2020
2022: €-10k▼ -143% vs 2021
2023: €38k▲ +458% vs 2022highest in 7 years
2024: €3k▼ -90.7% vs 2023
2018 → 2024
Working capital
€4k
2023 · €-13k
2018: €-31k
2019: €-35k▼ -11.7% vs 2018
2020: €-40k▼ -15.6% vs 2019lowest in 7 years
2021: €3k▲ +108% vs 2020
2022: €8k▲ +157% vs 2021highest in 7 years
2023: €-13k▼ -259% vs 2022
2024: €4k▲ +134% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€32k▲ 331%€22k▼ 32.8%€59k▲ 174%€63k▲ 5.9%
2020: €7klowest in 5 years
2021: €32k▲ +331% vs 2020
2022: €22k▼ -32.8% vs 2021
2023: €59k▲ +174% vs 2022
2024: €63k▲ +5.9% vs 2023highest in 5 years
Operating result€-1k-€33k€-3k€52k€12k▼ 75.9%
2020: €-1k
2021: €33k▲ +2555% vs 2020
2022: €-3k▼ -109% vs 2021lowest in 5 years
2023: €52k▲ +1874% vs 2022highest in 5 years
2024: €12k▼ -75.9% vs 2023
Net result€-10k-€25k€-10k€38k€3k▼ 90.7%
2020: €-10k
2021: €25k▲ +347% vs 2020
2022: €-10k▼ -143% vs 2021lowest in 5 years
2023: €38k▲ +458% vs 2022highest in 5 years
2024: €3k▼ -90.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 76% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €207k
Fixed assets
€154k ▼ 8.3%
Current assets
€54k ▲ 79.6%
Equity and liabilities €207k
Equity
€63k ▲ 5.9%
Provisions
€5k ▼ 20.1%
Debt
€139k ▲ 5.8%
Debt's share of the balance-sheet total rises from 66.7% to 67.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▼
2023 · €73k
Cash flow
€36k▼
2023 · €59k
Current ratio
1.09▲
2023 · 0.70
Quick ratio
0.76▲
2023 · 0.42
Debt to equity
2.23▼
2023 · 2.23
ROE
5.6%▼
2023 · 63.6%
ROA
1.7%▼
2023 · 19.0%
Interest coverage
6.88▼
2023 · 11.25
Debt ≤ 1 year
€49k▲
2023 · €43k
Debt > 1 year
€90k▲
2023 · €89k
Income taxes
€4k▲
2023 · €802
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 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€197k€207k▲
Fixed assets21/28€168k€154k▼
Tangible fixed assets22/27€168k€154k▼
Land and buildings22€98k€86k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€67k€66k▼
Current assets29/58€30k€54k▲
Stocks and contracts in progress3€12k€16k▲
Stocks30/36€12k€16k▲
Amounts receivable within one year40/41€8k€5k▼
Trade receivables40€2k€4k▲
Other amounts receivable41€7k€1k▼
Cash at bank and in hand54/58€9k€32k▲
Deferred charges and accrued income490/1-€11
Equity and liabilities
Total equity and liabilities10/49€197k€207k▲
Equity10/15€59k€63k▲
Contributions10/11€19k€19k=
Reserves13€22k€25k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€20k€16k▼
Distributable reserves133-€8k
Profit (loss) carried forward14€18k€18k=
Provisions and deferred taxes16€7k€5k▼
Deferred taxes168€7k€5k▼
Amounts payable17/49€132k€139k▲
Amounts payable after more than one year17€89k€90k▲
Financial debts170/4€89k€90k▲
Amounts payable within one year42/48€43k€49k▲
Current portion of amounts payable after more than one year42€13k€25k▲
Financial debts43€1k€6▼
Credit institutions430/8€1k€6▼
Trade debts44€18k€8k▼
Suppliers440/4€18k€8k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Other amounts payable47/48€9k€11k▲
Accrued charges and deferred income492/3€421€372▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€33k▲
Other operating charges640/8€10k€10k▲
Gross operating margin9900€83k€56k▼
Operating profit (loss)9901€52k€12k▼
Financial income75/76B€1€102▲
Recurring financial income75€1€102▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€45k€6k▼
Transfer from deferred taxes780€37€1k▲
Transfer to deferred taxes680€7k-
Income taxes67/77€802€4k▲
Profit (loss) for the period9904€38k€3k▼
Transfer from tax-exempt reserves789€111€4k▲
Transfer to tax-exempt reserves689€20k-
Profit (loss) for the period to be appropriated9905€17k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€26k▲
Profit (loss) brought forward from the previous period14P€1k€18k▲
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €31k | €30k | €21k | €33k | ▲ 54.7% |
| Other operating charges640/8 | - | €9k | €10k | €10k | €10k | ▲ 2.8% |
| Gross operating margin9900 | €47k | €73k | €36k | €83k | €56k | ▼ 32.9% |
| Operating profit (loss)9901 | €-1k | €33k | €-3k | €52k | €12k | ▼ 75.9% |
| Financial income75/76B | - | €11 | €50 | €1 | €102 | ▲ 7,679% |
| Recurring financial income75 | €250 | €11 | €50 | €1 | €102 | ▲ 7,679% |
| Financial charges65/66B | - | €8k | €7k | €6k | €7k | ▲ 1.8% |
| Recurring financial charges65 | €9k | €8k | €7k | €6k | €7k | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €-10k | €25k | €-10k | €45k | €6k | ▼ 86.8% |
| Transfer from deferred taxes780 | - | - | - | €37 | €1k | ▲ 3,550% |
| Transfer to deferred taxes680 | - | - | - | €7k | - | - |
| Income taxes67/77 | €260 | €235 | €239 | €802 | €4k | ▲ 373% |
| Profit (loss) for the period9904 | €-10k | €25k | €-10k | €38k | €3k | ▼ 90.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €111 | €4k | ▲ 3,550% |
| Transfer to tax-exempt reserves689 | - | - | - | €20k | - | - |
| Profit (loss) for the period to be appropriated9905 | €-10k | €25k | €-10k | €17k | €8k | ▼ 56.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €230k | €193k | €164k | €197k | €207k | ▲ 5.0% |
| Fixed assets21/28 | €180k | €150k | €122k | €168k | €154k | ▼ 8.3% |
| Tangible fixed assets22/27 | €180k | €150k | €122k | €168k | €154k | ▼ 8.3% |
| Land and buildings22 | - | €122k | €110k | €98k | €86k | ▼ 12.1% |
| Plant, machinery and equipment23 | - | €4k | €3k | €3k | €2k | ▼ 38.9% |
| Furniture and vehicles24 | - | €12k | €10k | €67k | €66k | ▼ 1.5% |
| Leasing and similar rights25 | - | €13k | €0 | - | - | - |
| Current assets29/58 | €49k | €43k | €42k | €30k | €54k | ▲ 79.6% |
| Stocks and contracts in progress3 | €14k | €15k | €9k | €12k | €16k | ▲ 33.0% |
| Stocks30/36 | - | €15k | €9k | €12k | €16k | ▲ 33.0% |
| Amounts receivable within one year40/41 | €12k | €228 | €6k | €8k | €5k | ▼ 35.5% |
| Trade receivables40 | - | €228 | €1k | €2k | €4k | ▲ 152% |
| Other amounts receivable41 | - | - | €5k | €7k | €1k | ▼ 81.4% |
| Cash at bank and in hand54/58 | €22k | €28k | €27k | €9k | €32k | ▲ 239% |
| Deferred charges and accrued income490/1 | - | €345 | €0 | - | €11 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €230k | €193k | €164k | €197k | €207k | ▲ 5.0% |
| Equity10/15 | €7k | €32k | €22k | €59k | €63k | ▲ 5.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €22k | €25k | ▲ 15.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | - | €20k | €16k | ▼ 20.1% |
| Distributable reserves133 | - | - | - | - | €8k | - |
| Profit (loss) carried forward14 | €-13k | €12k | €1k | €18k | €18k | = |
| Provisions and deferred taxes16 | - | - | - | €7k | €5k | ▼ 20.1% |
| Deferred taxes168 | - | - | - | €7k | €5k | ▼ 20.1% |
| Amounts payable17/49 | €222k | €161k | €143k | €132k | €139k | ▲ 5.8% |
| Amounts payable after more than one year17 | €131k | €113k | €101k | €89k | €90k | ▲ 1.1% |
| Financial debts170/4 | - | €113k | €101k | €89k | €90k | ▲ 1.1% |
| Amounts payable within one year42/48 | €90k | €40k | €34k | €43k | €49k | ▲ 15.8% |
| Current portion of amounts payable after more than one year42 | - | €20k | €17k | €13k | €25k | ▲ 85.6% |
| Financial debts43 | - | €0 | €9 | €1k | €6 | ▼ 99.4% |
| Credit institutions430/8 | - | €0 | €9 | €1k | €6 | ▼ 99.4% |
| Trade debts44 | €3k | €4k | €10k | €18k | €8k | ▼ 56.0% |
| Suppliers440/4 | - | €4k | €10k | €18k | €8k | ▼ 56.0% |
| Taxes, remuneration and social security45 | - | €8k | €4k | €1k | €6k | ▲ 468% |
| Taxes450/3 | - | €8k | €4k | €1k | €6k | ▲ 468% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €8k | €4k | €9k | €11k | ▲ 18.0% |
| Accrued charges and deferred income492/3 | - | €8k | €8k | €421 | €372 | ▼ 11.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €25k | €-10k | €38k | €3k | ▼ 90.7% |
| + Depreciation and write-downs630 | €35k | €31k | €30k | €21k | €33k | ▲ 54.7% |
| Operating cash flow (approximation) | €25k | €56k | €19k | €59k | €36k | ▼ 38.1% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-67k | €-19k | ▲ 71.5% |
| Change in cash | - | €5k | €-849 | €-17k | €23k | ▲ 231% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 144 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Huy · 1 establishment unit since 2010
Ground area
268 m²
Building footprint
62 m²
Volume, LiDAR
625 m³
Parcel 61031B0614/00F015, Wallonia · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DAMABEL
since 20102.192.333.820
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0614/00F015 | Wallonia | 268 m² | 1 · 62 m² | 11.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 909 companies in sector 47793 we hold annual accounts for 161. 118 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
Founded07-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47793Retail sale of other second-hand goods, excluding clothing
47120Other non-specialised retail sale
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.