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DAMANO

Active
Private limited companyfounded 201115 yrs activeSpiedamstraat 14, 9940 Evergem, BelgiumKBO/BCE: BE 0837.843.339

DAMANO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €252k and a net result of €24k. Equity is growing by ~83.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
86 / 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-52
Solvency100=
Growth85=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.4 against 5.39 in 2023), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
19 d late
2023
30 d early
2022
35 d early
2021
13 d early
2020
30 d late
2019
11 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€177k▲ 34.5%
2018 · €132k
2018: €132k
2018 → 2019
EBIT margin
5.0%▼ 2.4pp
2018 · 7.4%
2018: 7.4%
2018 → 2019
Net result
€24k▼ 52.3%
2023 · €51k
2018: €6k 2019: €5k 2020: €25k 2021: €68k 2022: €72k 2023: €51k
2018 → 2024
Working capital
€201k▲ 23.1%
2023 · €163k
2018: €5k 2019: €-2k 2020: €30k 2021: €96k 2022: €170k 2023: €163k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€37k-€105k▲ 181%€177k▲ 67.9%€228k▲ 28.7%€252k▲ 10.6%
Operating result€36k-€97k▲ 171%€101k▲ 3.6%€58k▼ 42.6%€18k▼ 68.9%
Net result€25k-€68k▲ 169%€72k▲ 5.4%€51k▼ 29.0%€24k▼ 52.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €36k€36kNet result 2020: €25k€25kOperating result 2021: €97k€97kNet result 2021: €68k€68kOperating result 2022: €101k€101kNet result 2022: €72k€72kOperating result 2023: €58k€58kNet result 2023: €51k€51kOperating result 2024: €18k€18kNet result 2024: €24k€24k20202021202220232024
The operating result has fallen two years in a row; 2024 is 69% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €303k
Fixed assets €56k▼ 13.2%
Current assets €247k▲ 23.1%
Equity and liabilities €303k
Equity €252k▲ 10.6%
Debt €51k▲ 36.5%
The debt ratio rises from 14.0% to 16.8%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40k
2023 · €75k
Cash flow
€46k
2023 · €68k
Solvency
83.2%
2023 · 86.0%
Current ratio
5.40
2023 · 5.39
Quick ratio
5.40
2023 · 5.32
Debt / equity
0.20
2023 · 0.16
ROE
9.6%
2023 · 22.3%
ROA
8.0%
2023 · 19.2%
Interest coverage
84.16
2023 · 141.40
Debt
€51k
2023 · €37k
Debt ≤ 1 year
€46k
2023 · €37k
Income taxes
€10k
2023 · €22k
Staff costs
€68k
2023 · €26k
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€265k€303k
Fixed assets21/28€64k€56k
Tangible fixed assets22/27€64k€55k
Furniture and vehicles24€63k€50k
Other tangible fixed assets26€655€5k
Financial fixed assets28€250€250=
Current assets29/58€201k€247k
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€53k€76k
Trade receivables40€40k€47k
Other amounts receivable41€14k€29k
Current investments50/53€103k€124k
Cash at bank and in hand54/58€37k€41k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€265k€303k
Equity10/15€228k€252k
Contributions10/11€19k€19k=
Reserves13€179k€203k
Distributable reserves133€179k€203k
Profit (loss) carried forward14€30k€30k
Amounts payable17/49€37k€51k
Amounts payable within one year42/48€37k€46k
Current portion of amounts payable after more than one year42€3k-
Financial debts43€595€199
Credit institutions430/8€595€199
Trade debts44€15k€18k
Suppliers440/4€15k€18k
Taxes, remuneration and social security45€15k€24k
Taxes450/3€8k€12k
Remuneration and social security454/9€7k€13k
Other amounts payable47/48€3k€4k
Accrued charges and deferred income492/3-€5k
Income statement Code20232024
Non-recurring operating income76A€8k-
Remuneration, social security and pensions62€26k€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€2k€2k
Gross operating margin9900€112k€110k
Operating profit (loss)9901€58k€18k
Financial income75/76B€16k€17k
Recurring financial income75€16k€17k
Financial charges65/66B€529€478
Recurring financial charges65€529€478
Profit (loss) for the period before taxes9903€73k€34k
Income taxes67/77€22k€10k
Profit (loss) for the period9904€51k€24k
Profit (loss) for the period to be appropriated9905€51k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€70k€54k
Profit (loss) brought forward from the previous period14P€19k€30k
Transfer to equity691/2€40k€24k
To other reserves6921€40k€24k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €228k ▲28.7%
6 profitable years in a row build equity to €228k.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €72k ▲5.4%
Operating result €101k, net result €72k, both a record.
31-12
Financial Equity above €150kEq €177k ▲67.9%
5 profitable years in a row build equity to €177k.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €105k ▲181%
4 profitable years in a row build equity to €105k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
11-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial Weakest financial yearnet €5k ▼11.7%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 46 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Evergem · 1 establishment unit since 2011
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.

Spiedamstraat 149940 Evergem
Ground area
837 m²
Building footprint
122 m²
Volume, LiDAR
559 m³
Parcel 43006C0334/00D000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spiedamstraat 14, 9940 Evergem
Wholesale trade
since 20112.201.074.015
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43006C0334/00D000 Flanders 837 m² 1 · 122 m² 6.0 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

Of 1,733 companies in sector 46150 we hold annual accounts for 750. 511 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-07-2011
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47559Retail sale of other household articles
47599Retail trade
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.