DAMAN
ActiveDAMAN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €933k and a net result of €-17k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-25
Solvency91▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 6.6 against 3.36 in 2024; short-term debt: 7.3% and cash: 16% of total assets), and 34.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-03-2026, 51 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
51 d late
2024
27 d late
2023
27 d late
2022
on the day
2021
3 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€933k▼ 1.8%
2024 · €951k
2019: €813k
2020: €781k
2021: €849k
2022: €853k
2023: €894k
2024: €951k
2019 → 2025
Total assets
€1.42M▼ 13.9%
2024 · €1.65M
2019: €1.76M
2020: €1.68M
2021: €1.68M
2022: €1.57M
2023: €1.59M
2024: €1.65M
2019 → 2025
Net result
€-17k
2024 · €57k
2019: €64k
2020: €-32k
2021: €73k
2022: €4k
2023: €41k
2024: €57k
2019 → 2025
Working capital
€579k▼ 4.0%
2024 · €604k
2019: €436k
2020: €453k
2021: €525k
2022: €527k
2023: €564k
2024: €604k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€849k-€853k▲ 0.5%€894k▲ 4.8%€951k▲ 6.3%€933k▼ 1.8%
Operating result€79k-€9k▼ 88.0%€55k▲ 478%€81k▲ 47.5%€-18k
Net result€73k-€4k▼ 94.1%€41k▲ 867%€57k▲ 37.1%€-17k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €81k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€742k▼ 6.7%
Current assets
€683k▼ 20.5%
Equity and liabilities €1.42M
Equity
€933k▼ 1.8%
Debt
€491k▼ 30.1%
The debt ratio falls from 42.5% to 34.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €144k
Cash flow
€41k▼
2024 · €120k
Solvency
65.5%▲
2024 · 57.5%
Current ratio
6.60▲
2024 · 3.36
Quick ratio
5.41▲
2024 · 3.06
Debt / equity
0.53▼
2024 · 0.74
ROE
-1.9%▼
2024 · 5.9%
ROA
-1.2%▼
2024 · 3.4%
Interest coverage
3.70▼
2024 · 10.64
Debt
€491k▼
2024 · €703k
Debt ≤ 1 year
€103k▼
2024 · €256k
Debt > 1 year
€385k▼
2024 · €447k
Income taxes
€350▼
2024 · €22k
Staff costs
€356k▼
2024 · €358k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.65M€1.42M▼
Fixed assets21/28€795k€742k▼
Tangible fixed assets22/27€795k€742k▼
Land and buildings22€775k€731k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€1k-
Current assets29/58€859k€683k▼
Stocks and contracts in progress3€78k€123k▲
Stocks30/36€78k€123k▲
Amounts receivable within one year40/41€458k€317k▼
Trade receivables40€445k€299k▼
Other amounts receivable41€13k€18k▲
Cash at bank and in hand54/58€309k€228k▼
Deferred charges and accrued income490/1€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.42M▼
Equity10/15€951k€933k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€889k€871k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€826k€809k▼
Amounts payable17/49€703k€491k▼
Amounts payable after more than one year17€447k€385k▼
Financial debts170/4€447k€385k▼
Amounts payable within one year42/48€256k€103k▼
Current portion of amounts payable after more than one year42€63k€61k▼
Trade debts44€124k€11k▼
Suppliers440/4€124k€11k▼
Advances received on contracts in progress46€33k-
Taxes, remuneration and social security45€21k€24k▲
Taxes450/3€11k€6k▼
Remuneration and social security454/9€10k€18k▲
Other amounts payable47/48€15k€8k▼
Accrued charges and deferred income492/3€647€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€358k€356k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€58k▼
Other operating charges640/8€15k€17k▲
Gross operating margin9900€517k€414k▼
Operating profit (loss)9901€81k€-18k▼
Financial income75/76B€11k€11k▲
Recurring financial income75€11k€11k▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€78k€-17k▼
Income taxes67/77€22k€350▼
Profit (loss) for the period9904€57k€-17k▼
Profit (loss) for the period to be appropriated9905€57k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€-17k▼
Transfer from equity791/2-€17k
Transfer to equity691/2€57k-
To other reserves6921€57k-
Social balance
Average headcount (FTE)90876.06.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 51 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-32k ▼150%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Bornem · 1 establishment unit since 1990
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.
Puursesteenweg(BOR) 3432880 BornemGround area
6,353 m²
Building footprint
3,244 m²
Volume, LiDAR
21,293 m³
Parcel 12007C0246/00H002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Puursesteenweg(BOR) 343, 2880 Bornem
since 19902.050.306.321
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0246/00H002 | Flanders | 6,353 m² | 1 · 3,243 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BOEYNAEMS EN ZONEN
BE 0432.127.971
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FINESTRA
BE 0477.934.341
Turnhout · Eq €932k
DECOVAN
BE 0444.491.810
Oudenaarde · Eq €931k
VAN DE VELDE BV
BE 0864.792.513
Dendermonde · Eq €937k
R&E Montage
BE 0790.977.194
Pelt · Eq €939k
Of 20,030 companies in sector 43320 we hold annual accounts for 9,135. 4,564 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-10-1990
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.