DAMACHRISTINE
ActiveDAMACHRISTINE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.77M and a net result of €270k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+2
Solvency72▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.87 in 2023; short-term debt: 41.5% and cash: 1.5% of total assets), and 53.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 47
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46.9%
Return on assets
7.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
34 d early
2022
54 d early
2021
60 d early
2020
60 d early
2019
63 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.77M▲ 11.3%
2023 · €1.59M
2018: €1.11M
2019: €1.19M
2020: €1.36M
2021: €1.08M
2022: €1.50M
2023: €1.59M
2018 → 2024
Total assets
€3.78M▲ 2.4%
2023 · €3.69M
2018: €3.99M
2019: €3.81M
2020: €3.66M
2021: €3.53M
2022: €4.04M
2023: €3.69M
2018 → 2024
Net result
€270k▲ 22.1%
2023 · €221k
2018: €119k
2019: €81k
2020: €170k
2021: €149k
2022: €871k
2023: €221k
2018 → 2024
Working capital
€-94k▲ 53.9%
2023 · €-203k
2018: €-1.37M
2019: €-1.46M
2020: €-1.34M
2021: €-1.67M
2022: €-194k
2023: €-203k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.36M-€1.08M▼ 20.2%€1.50M▲ 38.7%€1.59M▲ 6.2%€1.77M▲ 11.3%
Operating result€139k-€108k▼ 22.1%€193k▲ 78.3%€363k▲ 88.2%€430k▲ 18.3%
Net result€170k-€149k▼ 12.6%€871k▲ 486%€221k▼ 74.6%€270k▲ 22.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 18% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.78M
Fixed assets
€2.31M▼ 2.3%
Current assets
€1.48M▲ 10.6%
Equity and liabilities €3.78M
Equity
€1.77M▲ 11.3%
Debt
€2.01M▼ 4.4%
The debt ratio falls from 56.8% to 53.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€592k▲
2023 · €522k
Cash flow
€432k▲
2023 · €380k
Solvency
46.9%▲
2023 · 43.2%
Current ratio
0.94▲
2023 · 0.87
Quick ratio
0.94▲
2023 · 0.86
Debt / equity
1.13▼
2023 · 1.32
ROE
15.2%▲
2023 · 13.9%
ROA
7.1%▲
2023 · 6.0%
Interest coverage
7.11▼
2023 · 9.54
Debt
€2.01M▼
2023 · €2.10M
Debt ≤ 1 year
€1.57M▲
2023 · €1.54M
Debt > 1 year
€438k▼
2023 · €563k
Income taxes
€126k▲
2023 · €102k
Staff costs
€282k▲
2023 · €226k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.69M€3.78M▲
Fixed assets21/28€2.36M€2.31M▼
Tangible fixed assets22/27€2.26M€2.21M▼
Land and buildings22€2.14M€2.02M▼
Plant, machinery and equipment23€46k€41k▼
Furniture and vehicles24€75k€144k▲
Financial fixed assets28€100k€100k=
Current assets29/58€1.33M€1.48M▲
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€29k€57k▲
Trade receivables40€27k€14k▼
Other amounts receivable41€2k€43k▲
Current investments50/53€1.20M€1.35M▲
Cash at bank and in hand54/58€94k€56k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€3.69M€3.78M▲
Equity10/15€1.59M€1.77M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.53M€1.71M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.53M€1.71M▲
Amounts payable17/49€2.10M€2.01M▼
Amounts payable after more than one year17€563k€438k▼
Financial debts170/4€563k€438k▼
Amounts payable within one year42/48€1.54M€1.57M▲
Current portion of amounts payable after more than one year42€124k€124k=
Trade debts44€88k€43k▼
Suppliers440/4€88k€43k▼
Taxes, remuneration and social security45€49k€59k▲
Taxes450/3€29k€30k▲
Remuneration and social security454/9€20k€29k▲
Other amounts payable47/48€1.28M€1.34M▲
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€226k€282k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€162k▲
Non-recurring operating charges66A€347-
Gross operating margin9900€748k€873k▲
Operating profit (loss)9901€363k€430k▲
Financial income75/76B€14k€49k▲
Recurring financial income75€14k€49k▲
Financial charges65/66B€55k€83k▲
Recurring financial charges65€55k€83k▲
Profit (loss) for the period before taxes9903€323k€396k▲
Income taxes67/77€102k€126k▲
Profit (loss) for the period9904€221k€270k▲
Profit (loss) for the period to be appropriated9905€221k€270k▲
Appropriation of the result
Profit (loss) to be appropriated9906€221k€270k▲
Transfer from equity791/2€129k€90k▼
Transfer to equity691/2€221k€270k▲
To other reserves6921€221k€270k▲
Profit to be distributed694/7€129k€90k▼
Return on contributions (dividend)694€129k€90k▼
Social balance
Average headcount (FTE)90876.98.9▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €871k ▲486%
Net result €871k, the highest in the series.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €81k ▼32.4%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bredene · 3 establishment units since 2004
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.
Kapelstraat 278450 BredeneGround area
767 m²
Building footprint
586 m²
Volume, LiDAR
4,226 m³
3 parcels, Flanders · tallest building 19.3 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
OPEX
since 20042.136.529.423
Kapelstraat 27, 8450 Bredene
since 20182.273.974.661
Nieuwpoortsesteenweg 533, 8400 Oostende
since 20242.355.126.049
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35385B0049/02N004 | Flanders | 435 m² | 1 · 265 m² | 15.2 m · 1 fl. |
| 35302C0383/00D013 | Flanders | 220 m² | 1 · 210 m² | 19.3 m · 4 fl. |
| 35382D0640/00C003 | Flanders | 111 m² | 1 · 111 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBredene2.273.974.661
Oostende2.136.529.423
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BE 0426.190.284
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 552 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-01-2003
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
10130Manufacture of food products
15131
46321Wholesale of meat and meat products, excluding game and poultry
51321
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.