DAMAREST
ActiveSummary
DAMAREST has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €343,758, of which €273,550 non-recurring income. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 84% of 943 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 23.7 FTE
- Equity
- €1.8m
- Profit
- €343,758
Why 97raises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 2.83, cash €988,263Founded in 1991Equity €1.8m (69.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, small): better than 90% on solvency, 94% on liquidity, 79% on profitability and 47% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Amendment of the articlesCapital
- Annual accounts filedfinancial year 2025 · full…
- Highest result from 2018 to 2025net €343,758 ▲34.9%
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 37% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.9m | €1.1m | €1.1m | €1.1m | ▼ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.02m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 30.2% |
| Gross operating margin9900 | €1.0m | €1.1m | €1.0m | €1.2m | €1.3m | €1.6m | €1.7m | €1.5m | ▼ 9.7% |
| Operating profit (loss)9901 | €0.07m | €0.1m | €0.003m | €0.4m | €0.3m | €0.3m | €0.4m | €0.3m | ▼ 36.6% |
| Financial income75/76B | - | - | - | €0.005m | €0.002m | €0.02m | €0.01m | €0.3m | ▲ 21× |
| Recurring financial income75 | €0.005m | €492 | €0.01m | €0.005m | €0.002m | €0.02m | €0.01m | €0.01m | ▼ 2.1% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €0.3m | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.02m | €0.05m | €0.04m | €0.03m | ▼ 21.4% |
| Recurring financial charges65 | €0.008m | €0.02m | €0.01m | €0.03m | €0.02m | €0.05m | €0.04m | €0.03m | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.09m | €0.005m | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 36.6% |
| Income taxes67/77 | €0.005m | €0.03m | €0.001m | €0.1m | €0.09m | €0.1m | €0.1m | €0.2m | ▲ 40.5% |
| Profit (loss) for the period9904 | €0.06m | €0.07m | €0.004m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 34.9% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.09m | €0.03m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 34.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.0m | €1.7m | €1.5m | €1.7m | €1.9m | €2.2m | €2.4m | €2.6m | ▲ 6.7% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.6m | €0.3m | ▼ 45.7% |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.6m | €0.3m | ▼ 45.7% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.08m | ▼ 71.4% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 31.5% |
| Furniture and vehicles24 | - | - | - | €0 | €0.02m | €0.03m | €0.2m | €0.2m | ▼ 22.3% |
| Current assets29/58 | €1.4m | €1.1m | €0.9m | €1.2m | €1.4m | €1.7m | €1.8m | €2.2m | ▲ 24.8% |
| Stocks and contracts in progress3 | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 21.1% |
| Stocks30/36 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 21.1% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.01m | €0.01m | €0.008m | ▼ 20.4% |
| Trade receivables40 | - | - | - | €0.008m | €0.01m | €0.01m | €0.006m | €0.001m | ▼ 89.7% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.1m | €0.001m | €0.004m | €0.007m | ▲ 106% |
| Current investments50/53 | €0.002m | €0.002m | €0.002m | €0.5m | €0.6m | €0.6m | €0.7m | €1.2m | ▲ 84.4% |
| Cash at bank and in hand54/58 | €1.1m | €0.7m | €0.6m | €0.5m | €0.7m | €1.1m | €1.1m | €1.0m | ▼ 10.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.008m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 14.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.0m | €1.7m | €1.5m | €1.7m | €1.9m | €2.2m | €2.4m | €2.6m | ▲ 6.7% |
| Equity10/15 | €0.7m | €0.8m | €0.8m | €1.1m | €1.3m | €1.5m | €1.7m | €1.8m | ▲ 2.2% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.5m | €0.6m | €0.6m | €1.0m | €1.2m | €1.4m | €1.6m | €1.7m | ▲ 2.3% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.9m | €1.2m | €1.4m | €1.6m | €1.7m | ▲ 2.4% |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | - | - | - | - | - | - |
| Amounts payable17/49 | €1.3m | €0.9m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 18.5% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.1m | €0.04m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.04m | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €0.7m | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 18.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.05m | - | - | - | - |
| Trade debts44 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 46.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 46.0% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.009m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 19.9% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.02m | €0.04m | €0.07m | ▲ 68.8% |
| Remuneration and social security454/9 | - | - | - | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 3.0% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 4.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.009m | €0.009m | €0.002m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,756 | €68,725 | €3,840 | €243,907 | €208,620 | €212,526 | €254,913 | €343,758 | ▲ 34.9% |
| + Depreciation and write-downs630 | €102,550 | €98,037 | €95,960 | €85,523 | €93,753 | €104,174 | €132,607 | €142,943 | ▲ 7.8% |
| Operating cash flow (approximation) | €162,306 | €166,762 | €99,800 | €329,430 | €302,374 | €316,701 | €387,520 | €486,701 | ▲ 25.6% |
| Investment in fixed assets (approximation) | - | -€125,900 | -€76,030 | -€55,682 | -€79,059 | -€87,639 | -€223,115 | €138,981 | - |
| Change in cash | - | -€369,948 | -€106,999 | -€169,793 | €241,083 | €354,681 | €37,345 | -€109,386 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 10-06-2026 | 2026-00149231 |
| 31-12-2024 | full format | 22-06-2025 | 2025-00161526 |
| 31-12-2023 | full format | 25-07-2024 | 2024-00284390 |
| 31-12-2022 | full format | 24-07-2023 | 2023-00261701 |
| 31-12-2021 | full format | 16-06-2022 | 2022-20066931 |
| 31-12-2020 | full format | 09-06-2021 | 2021-18600324 |
| 31-12-2019 | full format | 28-07-2020 | 2020-35500074 |
| 31-12-2018 | full format | 25-06-2019 | 2019-22600138 |
| 31-12-2017 | full format | 20-08-2018 | 2018-47300278 |
| 31-12-2016 | full format | 22-08-2017 | 2017-46200002 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 08-07-2026 Capital stated in the deed · €100,000 · 1,250 shares
Group and network
Connections & network
No directors read yet: 1 of 9 Gazette acts processed.
History
Acts, filings and financial milestones
08-07
Gazette deed
Amendment of the articlesCapital3 facts ▸
- General meeting, 06-07-2026
- Amendment of the articles
- Capital, €100,000
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLegal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53040C0903/00P007 | Wallonia | 2,949 m² | 1 · 219 m² | 9.7 m · 2 |
| 53043A0400/00V000 | Wallonia | 1,238 m² | 1 · 558 m² | 7.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La gestion,l'exploitation de restaurants traditionnels ou non,l'achat,la vente en gros ou en détail de tous produits de restauration,la…” (deed in French)
9 activities (deed in French)
- La gestion,l'exploitation de restaurants traditionnels ou non,l'achat,la vente en gros ou en détail de tous produits de restauration,la fabrication et la vente de plats à emporter,l'achat,la vente de boissons alcoolisées ou non et en général toutes activités du secteur Horeca dans le sens le plus large.
- L'exploitation de service traiteur et l'organisation de banquets tant dans les sièges d'exploitation qu'à l'extérieur ; l'achat,la vente en gros,demi-gros ou en détail de tous les produits destinés à l'alimentation générale,de tabacs,cigares,cigarettes,articles pour fumeurs,articles cadeau,de fantaisie ainsi que tous les articles connexes,complémentaires el; nature à promouvoir les activités reprises ci-dessus.
- La gestion et le développement,dans son sens le plus large,d'un patrimoine immobilier et mobilier.
- Valoriser ce patrimoine par des actes de gestion et même de disposition s'il échet,tels que : achat,vente,aménagements,location et leasing,prises de participations dans d'autres sociétés,dans l'élaboration de projets relatifs à la gestion de patrimoines en général.
- Soutenir d'autres sociétés dans leur développement par une aide à leur gestion et par la mise de capitaux à leur disposition,conférer ou accepter des garanties tant personnelles que réelles.
- La société peut être administrateur,gérant ou liquidateur.
- La société peut également se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- La société pourra faire toutes opérations industrielles,commerciales ou financières,mobilières ou immobilières,se rattachant directement ou indirectement à l'objet social et à tous objets,similaires ou connexes.
- La société peut s'intéresser par voie d'apport,de fusion,de souscription,de participation ou d'intervention financière dans toutes entreprises,associations ou sociétés existantes ou à créer en Belgique ou à l'étranger et ayant pour objet,en tout ou en partie,des affaires similaires ou connexes.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DAMAREST
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique par simple…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “1, administrateur unique” (deed in French)“Composition du conseil d'administration, nombre minimum requis par la loi” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Librement entre vifs ou pour cause de mort” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “A defaut liquidation par administrateur unique ou organe en fonction agissant le cas echeant en college, dissolution quelque raison que ce…” (deed in French)1 more provision on this in the deed