DAMASCO
ActiveSummary
The computed 12-month bankruptcy probability of DAMASCO is 10.0% (high). For DAMASCO, at least two annual filings are missing. The 2023 annual accounts show equity of €16,823 and a net result of €10,140. Equity has been growing by about 98% per year since 2019. Its solvency ranks better than 44% of 17,635 sector peers (NACE 56, financial year 2023). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 16-07-2018 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.291.571.451 3000 Leuven, since 15-08-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 10.0%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €22,732
- ▲ 190%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €10,140
- ▲ 17×
- Equity
- €16,823
- ▲ 152%
- Total assets
- €78,569
- ▲ 429%
- 2024 accounts not filed, 461 days past the deadline
Signalsraises riskFigures for financial year 2023 (filed on 26-08-2024)2 financial years not filed after the legal deadline; last filed accounts filed 26 days late; 2 of the last 3 accounts lateSize: total assets €78,569Sector: Food and beverage service activities (NACE 56)Two or more financial years not filed2023 accounts filed 26 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Average
Solvency
46-24
equity 21.4% of total assets
Liquidity
47-25
short-term debt 52.4% · cash 18.7%
Profitability
85+11
return on assets 12.9%
Bankruptcy probability within 12 months
10.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.7%
01-2025: 4.6%▼ -0.1 percentage points vs 12-2024
02-2025: 4.6%● unchanged vs 01-2025
03-2025: 4.6%● unchanged vs 02-2025lowest value
04-2025: 4.7%▲ +0.1 percentage points vs 03-2025
05-2025: 5.4%▲ +0.7 percentage points vs 04-2025
06-2025: 5.3%▼ -0.1 percentage points vs 05-2025
07-2025: 5.4%▲ +0.1 percentage points vs 06-2025
08-2025: 6.8%▲ +1.4 percentage points vs 07-2025
09-2025: 7.4%▲ +0.6 percentage points vs 08-2025
10-2025: 10.0%▲ +2.6 percentage points vs 09-2025
11-2025: 10.0%● unchanged vs 10-2025
12-2025: 10.9%▲ +0.9 percentage points vs 11-2025
01-2026: 13.1%▲ +2.2 percentage points vs 12-2025highest value
02-2026: 9.1%▼ -4.0 percentage points vs 01-2026
03-2026: 9.3%▲ +0.2 percentage points vs 02-2026
04-2026: 8.4%▼ -0.9 percentage points vs 03-2026
05-2026: 8.4%● unchanged vs 04-2026
06-2026: 8.3%▼ -0.1 percentage points vs 05-2026
07-2026: 7.8%▼ -0.5 percentage points vs 06-2026
08-2026: 9.6%▲ +1.8 percentage points vs 07-2026
09-2026: 10.0%▲ +0.4 percentage points vs 08-2026
10-2026: 10.0%● unchanged vs 09-2026
11-2026: 10.0%● unchanged vs 10-2026
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline04-11-2026 today
raises risk · 2023 accounts filed 26 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
26 days late
2022
58 days late
2021
306 days late
2020
327 days late
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 161 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
- · Gazette deed Transfer of 100 sharesResignation: Alssaraj Safwan (director) · Appointment: Alssaraj Mahran (director)
- · Gazette deed Transfer of 100 sharesResignation: Afdil Ahmad (director) · Appointment: Alssaraj Safwan (director)
- · Gazette deed Registered office moved within LeuvenNew seat: Leopold Vanderkelenstraat 26, 3000 Leuven · Previous seat: Alfons Smetsplein 3 Boîte 0.2, 3000 Leuven
Comparable companies
These companies have the same main activity as DAMASCO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €67,300 and €92,800, founded between 2018 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| DAMASCO Leuven | €78,569 | €22,732 |
| RIMINI PZ Charleroi | €85,768 | €25,548 |
| Kebab House Hasselt | €67,296 | €23,573 |
| Het Riddershof Laarne | €80,815 | €28,441 |
| FIJNZOET Beveren-Kruibeke-Zwijndrecht | €92,767 | €25,244 |
| Franneke Willebroek | €76,373 | €27,738 |
| GLOBAL MEDICAL SOLUTIONS Brussel | €74,289 | €28,650 |
Key facts about DAMASCO
- What is the company number of DAMASCO?
- The company number of DAMASCO is 0699.942.201. The VAT number is the same number with BE in front: BE 0699.942.201.
- Where is DAMASCO based?
- The registered office is at Leopold Vanderkelenstraat 26, 3000 Leuven.Company details
- What does DAMASCO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of DAMASCO?
- The legal form of DAMASCO is Private limited company (pre-2019) (BVBA).
- When was DAMASCO founded?
- DAMASCO was founded on 16-07-2018.
- Is DAMASCO still active?
- Yes, DAMASCO is an active enterprise in the KBO register.
- What is the turnover of DAMASCO?
- The turnover in financial year 2023 is ≈ €260,000. This figure is estimated from the gross margin of €22,732 and 133 comparable companies (NACE 56112). It probably lies between €160,000 and €430,000. It is a rough estimate. In financial year 2021 turnover was €77,575.Financials
- Is DAMASCO profitable?
- In financial year 2023, DAMASCO made a profit of €10,140.
- Where can I find the annual accounts of DAMASCO?
- DAMASCO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.