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DAMASE-DIFFUSION

Active
Non-profit associationfounded 2013active for 12 yearsKraanstraat 48, 1761 Roosdaal, BelgiumKBO/BCE: BE 0542.593.056
Summary

DAMASE-DIFFUSION has been active since 2013 and the Belgian Official 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 463 sector peers (NACE 94, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 29-11-2013 Normal situation
Activity
Activities of religious organisations NACE 94910
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Moreau OdileDirector
  • Moreau PaulineDirector
  • Moreau QuintenDirector

Financial position

91 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2024
Gross margin
-€3,386
Deficit
€3,947
Equity
€21,091
Total assets
€29,606
  • 2024 accounts filed 61 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskFigures for financial year 2024 (filed on 02-10-2025)lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)Size: total assets €29,606Show the evidence

Checked score

Score 2024
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 25% of micro companies in membership organisations (NACE 94)
Financial strength
Average
Solvency 96
equity 71.2% of total assets
Liquidity 42
short-term debt 28.8% · cash 3.2%
Profitability 4
return on assets -13.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,220 companies, NACE 94, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.48, above the usual 1.5. Short-term debt is 28.8% and cash 3.2% of total assets. 28.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 94, micro). It does better than 54% of them on solvency, 9% on liquidity and 12% on profitability.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
raises risk · Figures for financial year 2024 (filed on 02-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €29,606
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2024 accounts filed 61 days late
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. 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 · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 61 days after the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2024, micro format

2024 annual accounts filed 61 days after the deadline Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00524663.

Annual accounts 2024 filed on 30-09-2025 PDF

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

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Equity and liabilities €29,606
Equity €21,091
Debt €8,515
Debt's share of the balance-sheet total is 28.8%.
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
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

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

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

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 4,805 companies had the same profile as DAMASE-DIFFUSION has now. Two years later, 2.0% had gone bankrupt and 88.1% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DAMASE-DIFFUSION itself is lower: < 0.1% within 12 months. It rests on far more data about DAMASE-DIFFUSION than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,805 companies, not a prediction for DAMASE-DIFFUSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00524663 PDF

Board & ownership

Directors

Directors
3 directors
Moreau Odile
Director · listed in the 2024 annual accounts, filed on 30-09-2025
Current
Moreau Pauline
Director · listed in the 2024 annual accounts, filed on 30-09-2025
Current
Moreau Quinten
Director · listed in the 2024 annual accounts, filed on 30-09-2025
Current

Owners and capital

Owners

This non-profit association has no shareholders or capital.

Mandate history

3 people, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Moreau Odile
  • Director, since before 31-12-2024
Moreau Pauline
  • Director, since before 31-12-2024
Moreau Quinten
  • Director, since before 31-12-2024
See the board, name and registered office on a given date →

Network & group

DAMASE-DIFFUSION shares no director with another company.

Companies at the same address

1 other company

Connections & network

3 current directors
Depth

The network starts from the directors of DAMASE-DIFFUSION. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts 2024 filedPDF
micro format · 61 days late
2024
13-08
Gazette deed Registered office moved from Forest to Borchtlombeek
2 points ▸
  • General meeting, 13-06-2024
  • Registered-office move, 1761 Borchtlombeek,Kraanstraat 48

Open the act in the Belgian Official Gazette

2013
03-12
Gazette deed IncorporationPDF
Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

DAMASE-DIFFUSION was incorporated on 29 November 2013.1 The registered office was moved to Borchtlombeek in 2024.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-08-2024
  3. 3National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name DAMASE-DIFFUSION in French
Abbreviation Damase in French
Enterprise number 0542.593.056
Legal form Non-profit association
Status Active, normale toestand
Founded 29-11-2013
Entity type Legal entity

Registered office and establishments

Registered office Kraanstraat 48, 1761 Roosdaal, Belgium
1 former office
  • 1190 Forest until 11-06-2024 · act of 13-08-2024

Activities

NACEBEL 2025
94910 Activities of religious organisations main activity
Codes under NACEBEL 2008
94910 Activities of membership organisations main activity

Invoicing and payment

VAT number BE 0542.593.056
E-invoicing via Peppol
Not found in the Peppol Directory

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Invoicing without a Peppol listing

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Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
2,423 m²
Building footprint
288 m²
Building volume
1,740 m³
Cadastral parcel Region Area Buildings Height / floors
23011A0415/00C003 Flanders 2,423 m² 1 · 288 m² 9.8 m · 2