Damast-Center
ActiveDamast-Center has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €-10k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 12643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 12.73 against 21.93 in 2024), and 8.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
20 d early
2023
37 d early
2022
10 d early
2021
20 d early
2020
22 d early
2019
67 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€147k▼ 6.3%
2024 · €157k
2018: €118k
2019: €139k
2020: €149k
2021: €148k
2022: €161k
2023: €163k
2024: €157k
2018 → 2025
Total assets
€160k▼ 2.6%
2024 · €164k
2018: €275k
2019: €259k
2020: €276k
2021: €176k
2022: €206k
2023: €183k
2024: €164k
2018 → 2025
Net result
€-10k▼ 60.1%
2024 · €-6k
2018: €12k
2019: €21k
2020: €10k
2021: €-587
2022: €13k
2023: €2k
2024: €-6k
2018 → 2025
Working capital
€148k▼ 5.9%
2024 · €157k
2018: €186k
2019: €208k
2020: €229k
2021: €145k
2022: €162k
2023: €169k
2024: €157k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€161k▲ 8.6%€163k▲ 1.2%€157k▼ 3.8%€147k▼ 6.3%
Operating result€4k-€23k▲ 488%€8k▼ 67.7%€-2k€-5k▼ 189%
Net result€-587-€13k€2k▼ 84.8%€-6k€-10k▼ 60.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €2k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€42▼ 80.4%
Current assets
€160k▼ 2.5%
Equity and liabilities €160k
Equity
€147k▼ 6.3%
Debt
€14k▲ 70.9%
The debt ratio rises from 4.8% to 8.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-2k
Cash flow
€-10k▼
2024 · €-6k
Solvency
91.5%▼
2024 · 95.2%
Current ratio
12.73▼
2024 · 21.93
Quick ratio
12.73▼
2024 · 21.93
Debt / equity
0.09▲
2024 · 0.05
ROE
-6.8%▼
2024 · -4.0%
ROA
-6.2%▼
2024 · -3.8%
Interest coverage
-0.94▼
2024 · -0.35
Debt
€14k▲
2024 · €8k
Debt ≤ 1 year
€13k▲
2024 · €7k
Income taxes
€-241▼
2024 · €68
Staff costs
€43k▲
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€164k€160k▼
Fixed assets21/28€215€42▼
Tangible fixed assets22/27€215€42▼
Furniture and vehicles24€215€42▼
Current assets29/58€164k€160k▼
Amounts receivable within one year40/41€54k€39k▼
Trade receivables40€49k€39k▼
Other amounts receivable41€5k€70▼
Cash at bank and in hand54/58€108k€118k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€164k€160k▼
Equity10/15€157k€147k▼
Contributions10/11€19k€19k=
Reserves13€132k€124k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€131k€124k▼
Profit (loss) carried forward14€5k€3k▼
Amounts payable17/49€8k€14k▲
Amounts payable within one year42/48€7k€13k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3-€2k
Remuneration and social security454/9€4k€6k▲
Accrued charges and deferred income492/3€457€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€29k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€173€173=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€14k
Other operating charges640/8€853€479▼
Gross operating margin9900€28k€52k▲
Operating profit (loss)9901€-2k€-5k▼
Financial income75/76B€232€267▲
Recurring financial income75€232€267▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-6k€-10k▼
Income taxes67/77€68€-241▼
Profit (loss) for the period9904€-6k€-10k▼
Profit (loss) for the period to be appropriated9905€-6k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-5k▼
Profit (loss) brought forward from the previous period14P€12k€5k▼
Transfer from equity791/2-€8k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 13.25
Current ratio from 4.71 to 13.25; short-term debt falls from €44k to €14k.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Equity above €150kEq €161k ▲8.6%
Equity rises from €148k to €161k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Highest result since 2018net €21k ▲67.2%
Operating result €36k, net result €21k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 9.27
Current ratio from 4.03 to 9.27; short-term debt falls from €62k to €25k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zele · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindestraat 109240 ZeleGround area
1.8 ha
Building footprint
7,797 m²
Volume, LiDAR
31,241 m³
Parcel 42028A1246/00B000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Damast-Center
since 20052.147.850.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1246/00B000 | Flanders | 1.8 ha | 1 · 7,797 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,822 EUR awarded · 5,609 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,682 EUR | 1,682 EUR |
| 2024 | 1 | 1,792 EUR | 1,791 EUR |
| 2023 | 1 | 0 EUR | 1,378 EUR |
| 2022 | 1 | 1,348 EUR | 758 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,175 companies in sector 69201 we hold annual accounts for 7,639. 6,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2005
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.