DAMASKINOS
ActiveSummary
The computed 12-month bankruptcy probability of DAMASKINOS is 3.7% (moderate). The 2025 annual accounts show equity of €45,974 and a net result of €6,108. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 28184 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81=
Solvency96▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 4.74 in 2024; short-term debt: 24.1% and cash: 44.9% of total assets), and 29.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 23-12-2025, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
3 d late
2022
9 d early
2021
15 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close27-09-2026 today31-12-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€303,710
EBIT margin
9.4%
Net result
€6,108▲ 5.2%
2024 · €5,804
Working capital
€40,684▲ 29.1%
2024 · €31,511
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€303,710-
Operating result€28,583-€8,141▼ 71.5%€10,889▲ 33.8%€10,124▼ 7.0%€9,985▼ 1.4%
Net result€23,219within the sector's middle half-€5,136within the sector's middle half▼ 77.9%€7,107within the sector's middle half▲ 38.4%€5,804within the sector's middle half▼ 18.3%€6,108within the sector's middle half▲ 5.2%
EBIT margin9.4%-
Equity€26,619within the sector's middle half-€30,155within the sector's middle half▲ 13.3%€35,662within the sector's middle half▲ 18.3%€39,866within the sector's middle half▲ 11.8%€45,974within the sector's middle half▲ 15.3%
Total assets€45,061below the sector's middle half-€42,544below the sector's middle half▼ 5.6%€44,071below the sector's middle half▲ 3.6%€58,303below the sector's middle half▲ 32.3%€64,832below the sector's middle half▲ 11.2%
Debt€18,442-€12,389▼ 32.8%€8,409▼ 32.1%€18,437▲ 119%€18,858▲ 2.3%
Working capital€17,230-€20,622▲ 19.7%€26,837▲ 30.1%€31,511▲ 17.4%€40,684▲ 29.1%
Solvency59.1%within the sector's middle half-70.9%above the sector's middle half▲ 11.8pp80.9%above the sector's middle half▲ 10.0pp68.4%within the sector's middle half▼ 12.5pp70.9%above the sector's middle half▲ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,832
Fixed assets
€8,548 ▼ 53.4%
Current assets
€56,283 ▲ 40.9%
Equity and liabilities €64,832
Equity
€45,974 ▲ 15.3%
Debt
€18,858 ▲ 2.3%
Debt's share of the balance-sheet total falls from 31.6% to 29.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19,796▲
2024 · €16,786
Cash flow
€15,920▲
2024 · €12,466
Current ratio
3.61▼
2024 · 4.74
Debt to equity
0.41▼
2024 · 0.46
ROE
13.3%▼
2024 · 14.6%
ROA
9.4%▼
2024 · 10.0%
Interest coverage
27.74▲
2024 · 14.58
Debt ≤ 1 year
€15,599▲
2024 · €8,433
Debt > 1 year
€3,258▼
2024 · €10,005
Income taxes
€3,163▼
2024 · €3,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €303,710 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,412 | €4,412 | €4,412 | €6,662 | €9,811 | ▲ 47.3% |
| Other operating charges640/8 | - | €3,165 | €642 | €1,111 | €890 | ▼ 19.9% |
| Gross operating margin9900 | €33,352 | €15,718 | €15,943 | €17,896 | €20,686 | ▲ 15.6% |
| Operating profit (loss)9901 | €28,583 | €8,141 | €10,889 | €10,124 | €9,985 | ▼ 1.4% |
| Financial charges65/66B | - | €198 | €259 | €1,152 | €714 | ▼ 38.0% |
| Recurring financial charges65 | €431 | €198 | €259 | €1,152 | €714 | ▼ 38.0% |
| Profit (loss) for the period before taxes9903 | €28,152 | €7,943 | €10,630 | €8,972 | €9,271 | ▲ 3.3% |
| Income taxes67/77 | €4,933 | €2,807 | €3,523 | €3,168 | €3,163 | ▼ 0.2% |
| Profit (loss) for the period9904 | €23,219 | €5,136 | €7,107 | €5,804 | €6,108 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €23,219 | €5,136 | €7,107 | €5,804 | €6,108 | ▲ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,061 | €42,544 | €44,071 | €58,303 | €64,832 | ▲ 11.2% |
| Fixed assets21/28 | €17,649 | €13,237 | €8,825 | €18,360 | €8,548 | ▼ 53.4% |
| Tangible fixed assets22/27 | €17,649 | €13,237 | €8,825 | €18,360 | €8,548 | ▼ 53.4% |
| Furniture and vehicles24 | - | €13,237 | €8,825 | €18,360 | €8,548 | ▼ 53.4% |
| Current assets29/58 | €27,412 | €29,307 | €35,246 | €39,943 | €56,283 | ▲ 40.9% |
| Amounts receivable within one year40/41 | €10,038 | €29,009 | €27,154 | €15,517 | €27,182 | ▲ 75.2% |
| Trade receivables40 | - | €28,316 | €26,784 | €15,026 | €26,044 | ▲ 73.3% |
| Other amounts receivable41 | - | €693 | €370 | €491 | €1,137 | ▲ 132% |
| Cash at bank and in hand54/58 | €17,374 | €298 | €8,092 | €24,426 | €29,102 | ▲ 19.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,061 | €42,544 | €44,071 | €58,303 | €64,832 | ▲ 11.2% |
| Equity10/15 | €26,619 | €30,155 | €35,662 | €39,866 | €45,974 | ▲ 15.3% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €5,000 | €12,000 | €17,800 | €23,800 | ▲ 33.7% |
| Distributable reserves133 | - | €5,000 | €12,000 | €17,800 | €23,800 | ▲ 33.7% |
| Profit (loss) carried forward14 | €21,619 | €20,155 | €18,662 | €17,066 | €17,174 | ▲ 0.6% |
| Amounts payable17/49 | €18,442 | €12,389 | €8,409 | €18,437 | €18,858 | ▲ 2.3% |
| Amounts payable after more than one year17 | €8,261 | €3,704 | - | €10,005 | €3,258 | ▼ 67.4% |
| Financial debts170/4 | - | €3,704 | - | €10,005 | €3,258 | ▼ 67.4% |
| Amounts payable within one year42/48 | €10,181 | €8,685 | €8,409 | €8,433 | €15,599 | ▲ 85.0% |
| Current portion of amounts payable after more than one year42 | - | €4,557 | €3,704 | €6,746 | €6,746 | = |
| Trade debts44 | €2,091 | €302 | €1,013 | €506 | €5,294 | ▲ 946% |
| Suppliers440/4 | - | €302 | €1,013 | €506 | €5,294 | ▲ 946% |
| Taxes, remuneration and social security45 | - | €3,561 | €3,622 | €1,103 | €3,377 | ▲ 206% |
| Taxes450/3 | - | €953 | €795 | €1,103 | €3,377 | ▲ 206% |
| Remuneration and social security454/9 | - | €2,608 | €2,827 | - | - | - |
| Other amounts payable47/48 | - | €265 | €70 | €77 | €182 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,219 | €5,136 | €7,107 | €5,804 | €6,108 | ▲ 5.2% |
| + Depreciation and write-downs630 | €4,412 | €4,412 | €4,412 | €6,662 | €9,811 | ▲ 47.3% |
| Operating cash flow (approximation) | €27,632 | €9,548 | €11,519 | €12,466 | €15,920 | ▲ 27.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€16,197 | €0 | ▲ 100% |
| Change in cash | - | -€17,076 | €7,795 | €16,334 | €4,676 | ▼ 71.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €5,136 ▼77.9%
Net result drops to €5,136, the lowest in the series; recovery starts the following year.
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
Ground area
576 m²
Building footprint
241 m²
Volume, LiDAR
4,672 m³
Parcel 21524C0175/00M010, Brussels · tallest building 22.4 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
DAMASKINOS SRL
since 20192.293.704.263
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0175/00M010 | Brussels | 576 m² | 1 · 241 m² | 22.4 m · 7 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.
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Of 7,300 companies in sector 43350 we hold annual accounts for 2,361. 1,996 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-2019
Fiscal year end31-05
Activities, NACEBEL 2025
43350Other building finishing work
43990Other specialised construction activities
81230Other cleaning activities
82100Office administrative and support services
Contact
E-mail
damaskinos.renov@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734633656
Also
9925:BE0734633656
Registered
17-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.