DAMACO
ActiveSummary
DAMACO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.13M and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-61
Solvency66=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.47 in 2024; short-term debt: 58.3% and cash: 0.2% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
41.3%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.13M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
7 d early
2023
on the day
2022
30 d late
2021
74 d late
2020
3 d early
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.13M▲ 2.0%
2024 · €2.09M
2018: €-128k
2019: €-399k▼ -212% vs 2018
2020: €-407k▼ -2.2% vs 2019lowest in 8 years
2021: €-365k▲ +10.5% vs 2020
2022: €-210k▲ +42.3% vs 2021
2023: €210k▲ +200% vs 2022
2024: €2.09M▲ +899% vs 2023
2025: €2.13M▲ +2.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€5.16M▲ 1.5%
2024 · €5.09M
2018: €1.91M
2019: €1.51M▼ -21.2% vs 2018
2020: €1.38M▼ -8.5% vs 2019lowest in 8 years
2021: €1.68M▲ +21.4% vs 2020
2022: €1.99M▲ +18.7% vs 2021
2023: €2.48M▲ +24.5% vs 2022
2024: €5.09M▲ +106% vs 2023
2025: €5.16M▲ +1.5% vs 2024highest in 8 years
2018 → 2025
Net result
€41k▼ 97.8%
2024 · €1.88M
2018: €-31k
2019: €-271k▼ -781% vs 2018lowest in 8 years
2020: €-9k▲ +96.8% vs 2019
2021: €43k▲ +590% vs 2020
2022: €154k▲ +260% vs 2021
2023: €420k▲ +172% vs 2022
2024: €1.88M▲ +349% vs 2023highest in 8 years
2025: €41k▼ -97.8% vs 2024
2018 → 2025
Working capital
€1.49M▲ 4.6%
2024 · €1.42M
2018: €-1.07M
2019: €-1.28M▼ -18.9% vs 2018
2020: €-1.32M▼ -3.2% vs 2019
2021: €-1.45M▼ -10.0% vs 2020
2022: €-1.60M▼ -10.3% vs 2021lowest in 8 years
2023: €-1.34M▲ +16.2% vs 2022
2024: €1.42M▲ +206% vs 2023
2025: €1.49M▲ +4.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-365k-€-210k▲ 42.3%€210k€2.09M▲ 899%€2.13M▲ 2.0%
2021: €-365klowest in 5 years
2022: €-210k▲ +42.3% vs 2021
2023: €210k▲ +200% vs 2022
2024: €2.09M▲ +899% vs 2023
2025: €2.13M▲ +2.0% vs 2024highest in 5 years
Operating result€-7k-€-6k▲ 23.6%€-5k▲ 13.9%€-3k▲ 29.2%€-4k▼ 4.3%
2021: €-7klowest in 5 years
2022: €-6k▲ +23.6% vs 2021
2023: €-5k▲ +13.9% vs 2022
2024: €-3k▲ +29.2% vs 2023highest in 5 years
2025: €-4k▼ -4.3% vs 2024
Net result€43k-€154k▲ 260%€420k▲ 172%€1.88M▲ 349%€41k▼ 97.8%
2021: €43k
2022: €154k▲ +260% vs 2021
2023: €420k▲ +172% vs 2022
2024: €1.88M▲ +349% vs 2023highest in 5 years
2025: €41k▼ -97.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.16M
Fixed assets
€665k ▼ 1.0%
Current assets
€4.50M ▲ 1.9%
Equity and liabilities €5.16M
Equity
€2.13M ▲ 2.0%
Debt
€3.03M ▲ 1.2%
Debt's share of the balance-sheet total falls from 58.9% to 58.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.49▲
2024 · 1.47
Debt to equity
1.42▼
2024 · 1.43
ROE
1.9%▼
2024 · 90.0%
ROA
0.8%▼
2024 · 37.0%
Debt ≤ 1 year
€3.01M▲
2024 · €2.99M
Debt > 1 year
€17k
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 · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.09M€5.16M▲
Fixed assets21/28€671k€665k▼
Financial fixed assets28€671k€665k▼
Current assets29/58€4.42M€4.50M▲
Amounts receivable within one year40/41€4.42M€4.49M▲
Other amounts receivable41€4.42M€4.49M▲
Cash at bank and in hand54/58€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€5.09M€5.16M▲
Equity10/15€2.09M€2.13M▲
Contributions10/11€112k€112k=
Reserves13€19k€19k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Profit (loss) carried forward14€1.96M€2.00M▲
Amounts payable17/49€2.99M€3.03M▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€2.99M€3.01M▲
Trade debts44€66€89▲
Suppliers440/4€66€89▲
Other amounts payable47/48€2.99M€3.01M▲
Income statement
Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-3k€-4k▼
Financial income75/76B€1.89M€45k▼
Recurring financial income75€43k€45k▲
Non-recurring financial income76B€1.85M€0▼
Financial charges65/66B€68€333▲
Recurring financial charges65€68€333▲
Profit (loss) for the period before taxes9903€1.88M€41k▼
Profit (loss) for the period9904€1.88M€41k▼
Profit (loss) for the period to be appropriated9905€1.88M€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.96M€2.00M▲
Profit (loss) brought forward from the previous period14P€79k€1.96M▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €1k | €980 | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | €5k | €0 | - | - | - | - |
| Gross operating margin9900 | €-1k | €-5k | €-4k | €-2k | €-3k | ▼ 4.8% |
| Operating profit (loss)9901 | €-7k | €-6k | €-5k | €-3k | €-4k | ▼ 4.3% |
| Financial income75/76B | €51k | €164k | €425k | €1.89M | €45k | ▼ 97.6% |
| Recurring financial income75 | €51k | €160k | €419k | €43k | €45k | ▲ 5.1% |
| Non-recurring financial income76B | - | €4k | €6k | €1.85M | €0 | ▼ 100% |
| Financial charges65/66B | €722 | €2k | €59 | €68 | €333 | ▲ 391% |
| Recurring financial charges65 | €722 | €2k | €59 | €68 | €333 | ▲ 391% |
| Profit (loss) for the period before taxes9903 | €43k | €157k | €420k | €1.88M | €41k | ▼ 97.8% |
| Income taxes67/77 | - | €2k | €0 | - | - | - |
| Profit (loss) for the period9904 | €43k | €154k | €420k | €1.88M | €41k | ▼ 97.8% |
| Profit (loss) for the period to be appropriated9905 | €43k | €154k | €420k | €1.88M | €41k | ▼ 97.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.68M | €1.99M | €2.48M | €5.09M | €5.16M | ▲ 1.5% |
| Fixed assets21/28 | €1.09M | €1.39M | €1.55M | €671k | €665k | ▼ 1.0% |
| Financial fixed assets28 | €1.09M | €1.39M | €1.55M | €671k | €665k | ▼ 1.0% |
| Current assets29/58 | €590k | €600k | €926k | €4.42M | €4.50M | ▲ 1.9% |
| Amounts receivable within one year40/41 | €557k | €560k | €924k | €4.42M | €4.49M | ▲ 1.7% |
| Trade receivables40 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €557k | €560k | €924k | €4.42M | €4.49M | ▲ 1.7% |
| Cash at bank and in hand54/58 | €34k | €40k | €2k | €2k | €11k | ▲ 560% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.68M | €1.99M | €2.48M | €5.09M | €5.16M | ▲ 1.5% |
| Equity10/15 | €-365k | €-210k | €210k | €2.09M | €2.13M | ▲ 2.0% |
| Contributions10/11 | €112k | €112k | €112k | €112k | €112k | = |
| Reserves13 | €19k | €19k | €19k | €19k | €19k | = |
| Non-distributable reserves130/1 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves not available under the articles1311 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-495k | €-340k | €79k | €1.96M | €2.00M | ▲ 2.1% |
| Amounts payable17/49 | €2.04M | €2.20M | €2.27M | €2.99M | €3.03M | ▲ 1.2% |
| Amounts payable after more than one year17 | - | - | - | - | €17k | - |
| Financial debts170/4 | - | - | - | - | €17k | - |
| Amounts payable within one year42/48 | €2.04M | €2.20M | €2.27M | €2.99M | €3.01M | ▲ 0.6% |
| Trade debts44 | €925 | €3k | €64 | €66 | €89 | ▲ 36.1% |
| Suppliers440/4 | €925 | €3k | €64 | €66 | €89 | ▲ 36.1% |
| Other amounts payable47/48 | €2.04M | €2.20M | €2.27M | €2.99M | €3.01M | ▲ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €154k | €420k | €1.88M | €41k | ▼ 97.8% |
| Operating cash flow (approximation) | €43k | €154k | €420k | €1.88M | €41k | ▼ 97.8% |
| Investment in fixed assets (approximation) | - | €-303k | €-161k | €879k | €7k | ▼ 99.2% |
| Change in cash | - | €6k | €-38k | €-618 | €9k | ▲ 1,548% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €1.88M ▲349%
Net result €1.88M, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 1.47
Current ratio from 0.41 to 1.47.
31-12
Financial
Equity above €2MEq €2.09M ▲899%
4 profitable years in a row build equity to €2.09M.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €210k
3 profitable years in a row build equity to €210k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
31-12
Financial
Back to profitnet €43k
Net result €43k after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-271k
Net result drops to €-271k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 1993
Ground area
892 m²
Building footprint
195 m²
Volume, LiDAR
2,170 m³
Parcel 21618B0299/00P003, Brussels · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Edith Cavellstraat 83, 1180 Ukkel
since 19932.064.858.202
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0299/00P003 | Brussels | 892 m² | 1 · 195 m² | 16.0 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-07-1993
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.