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DAMASE-DIFFUSION

Active
Non-profit associationfounded 201312 yrs activeKraanstraat 48, 1761 Roosdaal, BelgiumKBO/BCE: BE 0542.593.056
Summary

DAMASE-DIFFUSION has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21,091 and a net result of -€3,947. Its solvency ranks better than 57% of 471 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes
Profitability4
Solvency96
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.48; short-term debt: 28.8% and cash: 3.2% of total assets), and 28.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
71.2%
Return on assets
-13.3%
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
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

History

DAMASE-DIFFUSION was incorporated on 29 November 2013.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€21,091
Total assets
€29,606
Net result
-€3,947
Working capital
€21,091

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €29,606
Equity €21,091
Debt €8,515
Debt finances 28.8% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
3.48
Quick ratio
0.14
Debt to equity
0.40
ROE
-18.7%
ROA
-13.3%
Debt ≤ 1 year
€8,515

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,815 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 26 lines
Balance sheet Code2024
Assets
Total assets20/58€29,606
Current assets29/58€29,606
Stocks and contracts in progress3€28,374
Stocks30/36€28,374
Amounts receivable within one year40/41€290
Other amounts receivable41€290
Cash at bank and in hand54/58€942
Equity and liabilities
Total equity and liabilities10/49€29,606
Equity10/15€21,091
Profit (loss) carried forward14€21,091
Amounts payable17/49€8,515
Amounts payable within one year42/48€8,515
Trade debts44€6,456
Suppliers440/4€6,456
Other amounts payable47/48€2,059
Income statement Code2024
Gross operating margin9900-€3,386
Operating profit (loss)9901-€3,386
Financial income75/76B€230
Recurring financial income75€230
Financial charges65/66B€791
Recurring financial charges65€791
Profit (loss) for the period before taxes9903-€3,947
Profit (loss) for the period9904-€3,947
Profit (loss) for the period to be appropriated9905-€3,947
Appropriation of the result
Profit (loss) to be appropriated9906€21,091
Profit (loss) brought forward from the previous period14P€25,038
Line2024
Gross operating margin9900-€3,386
Operating profit (loss)9901-€3,386
Financial income75/76B€230
Recurring financial income75€230
Financial charges65/66B€791
Recurring financial charges65€791
Profit (loss) for the period before taxes9903-€3,947
Profit (loss) for the period9904-€3,947
Profit (loss) for the period to be appropriated9905-€3,947
Line2024
Assets
Total assets20/58€29,606
Current assets29/58€29,606
Stocks and contracts in progress3€28,374
Stocks30/36€28,374
Amounts receivable within one year40/41€290
Other amounts receivable41€290
Cash at bank and in hand54/58€942
Equity and liabilities
Total equity and liabilities10/49€29,606
Equity10/15€21,091
Profit (loss) carried forward14€21,091
Amounts payable17/49€8,515
Amounts payable within one year42/48€8,515
Trade debts44€6,456
Suppliers440/4€6,456
Other amounts payable47/48€2,059
Line2024
Profit (loss) for the period9904-€3,947
Operating cash flow (approximation)-€3,947

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Roosdaal
exact location from the address register On OpenStreetMap
Ground area
2,423 m²
Building footprint
288 m²
Volume, LiDAR
1,740 m³
Parcel 23011A0415/00C003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23011A0415/00C003 Flanders 2,423 m² 1 · 288 m² 9.8 m · 2 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.

Similar companies · same sector, comparable size

Of 2,059 companies in sector 94910 we hold annual accounts for 236. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded29-11-2013
Fiscal year end31-12
Abbreviation FR Damase
Activities, NACEBEL 2025
94910Activities of religious organisations
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.