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DAMACHRISTINE

Active Public limited companyfounded 2003active for 23 yearsKapelstraat 27, 8450 BredeneKBO/BCE: BE 0479.250.175 #2 company by total assets in Bredene, Wholesale and retail trade sector

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
Gross marginpeak €873,309 (2024)
€796,377▼ 8.8%
Resultpeak €871,188 (2022)
€126,240▼ 53.2%
Equitypeak €1.9m (2025)
€1.9m▲ 7.1%
Debts
€2.3m▲ 14.6%
Staffpeak 8.9 FTE (2024)
7.6 FTE▼ 14.6%
Board4 names since 2006
4 directorsCORNETTE Christophe and 3 others
Documentsfilings and deeds
15-10-202676 days late
2025financial year
Result from €269,770 to €126,240Staff from 8.9 FTE to 7.6 FTECash from €55,886 to €92,098

Key points

from the 2025 annual accounts

Equity

€1.9m ▲ 7.1%

DAMACHRISTINE has made a profit in every financial year since 2007.

Result

€126,240 ▼ 53.2%
€270,0002024€126,0002025

The result fell in 2025: different schema filed.

Turnover

≈ €3.4m estimated

The accounts state no turnover.

Investments

€14,051 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

7 employees on 31-12-2025
161920212222202223923820242012022025

In 2025, 201 people joined and 202 left.

Filings

23 annual accounts 76 days
AprilJune31 JulyOctober20102020

Latest accounts filed late: after the legal deadline.

Checked score

68
Healthy
Financially stronger than 44% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.6 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -0.4 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Average

Solvency
70-2equity 45.2% of total assets
Liquidity
32=short-term debt 42.9% · cash 2.2%
Profitability
42-36return on assets 3.0%

Score breakdown

raises risk
Liquidity: current ratio 1.14, cash €92,098
Last filed accounts filed 76 days late; 1 of the last 3 accounts late
Size: 7.6 FTE, total assets €4.2m
lowers risk
Founded in 2003
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 60% of them on solvency, 29% on liquidity, 32% on profitability and 56% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as DAMACHRISTINE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DAMACHRISTINE itself is higher: 0.8% within 12 months. It rests on far more data about DAMACHRISTINE than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for DAMACHRISTINE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €120,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.14 (0.94 in 2024), below the usual 1.5. Short-term debt is 42.9% and cash 2.2% of total assets. 54.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.14, cash €92,098
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: 7.6 FTE, total assets €4.2m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
27 days early
2023
34 days early
2022
54 days early
2021
60 days early
2020
60 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CC
CORNETTE Christophe
Director, since 26-05-2006
CD
CORNETTE Danny
Director, since 23-05-2008
RM
ROMMELAERE Maureen
Director, since 23-05-2008
CS
CORNETTE Stijn
Director, since 01-09-2017

Shares in 1 company, WERVO

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479250175
New establishment in Ostend Nieuwpoortsesteenweg 533
Registered office moved from Ostend to Bredene New registered office: Kapelstraat 27, 8450 Bredene · Previous registered office: Torhoutsesteenweg 616, 8400 Oostende · General meeting of 06-01-2022 · Gazette deed
Registered office moved from Ostend to Bredene Capital decrease of €423,000 to €62,000 · Capital from €485,000 to €62,000 · New registered office: Kapelstraat 27, 8450 Bredene · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
DAMACHRISTINE Bredene €4.2m €0.8m 45.2% 7.6
NICO EN KATRIEN Roeselare €3.0m €0.8m 88.1% 6.8
Verstraete K&J Wingene €4.2m €1.6m 62.4% 7.2
'T CHARCUTERIETJE Kuurne €2.4m €0.9m 52.0% 8.1
CARILLON UITBATING Dentergem €2.6m €0.9m 87.6% 5.9
DE MAHONEY Pittem €5.0m €0.5m 12.3% 5.3
BEAUVAL Jurbise €7.1m €0.7m 73.6% 6.6

These companies have the same main activity as DAMACHRISTINE: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €2.4m and €7.1m, founded between 1993 and 2001.

Official details

Source: KBO
Status
Active since 14-01-2003Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultryNACE 47221and 2 others
Joint committees
119Food trade
201Independent retail · annual accounts 2025
Establishment units
2.136.529.4238400 Ostend, since 16-04-2004
2.273.974.6618450 Bredene, since 01-04-2018and 1 other
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

Total assets
€4.2m▲ 11.1%
Employeeson 31-12-2025
7▼ 12.5%
Filing
Filed on 15-10-2026
Financials

Insights on DAMACHRISTINE

DAMACHRISTINE has existed since 2003. The gross margin grew from €341,061 in 2007 to €796,377 in 2025 and staff from 4.5 to 7.6 full-time equivalents.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DAMACHRISTINE

What is the company number of DAMACHRISTINE?
The company number of DAMACHRISTINE is 0479.250.175. The VAT number is the same number with BE in front: BE 0479.250.175.
Where is DAMACHRISTINE based?
The registered office is at Kapelstraat 27, 8450 Bredene.Company details
What does DAMACHRISTINE do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of DAMACHRISTINE?
DAMACHRISTINE is a public limited company (NV).
When was DAMACHRISTINE founded?
DAMACHRISTINE was founded on 14-01-2003.
Is DAMACHRISTINE still active?
Yes, DAMACHRISTINE is an active enterprise in the KBO register.
How many employees does DAMACHRISTINE have?
DAMACHRISTINE had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DAMACHRISTINE fall under?
In its 2025 annual accounts, DAMACHRISTINE states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of DAMACHRISTINE?
The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €796,377 and 49 comparable companies (NACE 472). It probably lies between €2.3m and €5.5m.
Is DAMACHRISTINE profitable?
In financial year 2025, DAMACHRISTINE made a profit of €126,240.
Where can I find the annual accounts of DAMACHRISTINE?
DAMACHRISTINE filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DAMACHRISTINE due?
DAMACHRISTINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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