Overdue debts
€583 on 31-12-2025
The annual accounts state €583 of overdue tax debts on 31-12-2025.
DAMATHERM
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €207,485 (2015)
€116,757▲ 92.2%
lowest -€94,392 (2011)
€68,260▲ 124%
peak €342,913 (2025)
€342,913▲ 5.3%
€121,695▲ 506%
peak 1.6 FTE (2006)
-not published
Board1 name since 2015
1 directorDAMSIN MARCHAL Emmanuel
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €60,760 to €116,757Result from €30,498 to €68,260Dividend €51,000Debts from €20,066 to €121,695Investments €37,561
Key points
from the 2025 annual accountsEquity
€342,913 ▲ 5.3%
DAMATHERM paid out €51,000 in dividends. That is 75% of the 2025 profit.
Debts
€121,695 ▲ 506%
Debts rose by €101,629 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€37,561 2.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.36 was 15.63 in 2024
Short-term debts rose from €20,066 to €121,695.
Filings
21 annual accounts since 2005
Six of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Checked score
96
Excellent
Financially stronger than 72% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
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 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: 0.1%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 3.36, cash €222,903
Equity €342,913 (73.8% of total assets)
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 43, micro). It does better than 80% of them on solvency, 87% on liquidity, 72% on profitability and 47% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as DAMATHERM has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DAMATHERM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 20,137 companies, not a prediction for DAMATHERM. 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.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.36 (15.63 in 2024), above the usual 1.5. Short-term debt is 26.2% and cash 48% of total assets. 26.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
20 days late
2023
34 days early
2022
3 days early
2021
2 days early
2020
17 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874380764
Reappointment: DAMSIN MARCHAL Emmanuel (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 28-11-2023 · Gazette deed
Incorporation
published on 20-06-2005 · Gazette deed
First establishment
Rue du Commerce 8, Gesves
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAMATHERM Gesves | €464,608 | €116,757 | 73.8% | - |
| VZ Uccle | €436,364 | €115,896 | 76.7% | - |
| G.P DEBOUCHAGE Uccle | €456,638 | €119,260 | 54.6% | - |
| DE COCK CRIS Aalst | €404,603 | €106,725 | 95.6% | - |
| De Cuyper - Van Roy Brasschaat | €438,615 | €129,030 | 62.9% | - |
| SOMERS GUNTER Schoten | €457,967 | €121,979 | 57.3% | - |
| LAMBERT S&O Chauffage-Sanitaire Hamois | €413,999 | €134,849 | 44.9% | - |
These companies have the same main activity as DAMATHERM: plumbing work (NACE 43221). They are comparable in size and age: total assets between €405,000 and €458,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 09-06-2005Normal situation
- Activity
- Plumbing workNACE 43221and 5 others
- Establishment unit
- 2.147.412.9225340 Gesves, since 06-06-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 09-07-2025
Annual accounts 2025
- ≈ €360,000estimated
- €464,608▲ 34.4%
- ≈ 0 FTEestimated
- Filing
- Filed on 31-08-2026
Insights on DAMATHERM
DAMATHERM files the micro format. That format states no turnover. The gross margin fell from €138,877 in 2006 to €116,757 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DAMATHERM
- What is the company number of DAMATHERM?
- The company number of DAMATHERM is 0874.380.764. The VAT number is the same number with BE in front: BE 0874.380.764.
- Where is DAMATHERM based?
- The registered office is at Rue du Commerce 8, 5340 Gesves.Company details
- What does DAMATHERM do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of DAMATHERM?
- DAMATHERM is a private limited company (BV).
- When was DAMATHERM founded?
- DAMATHERM was founded on 09-06-2005.
- Is DAMATHERM still active?
- Yes, DAMATHERM is an active enterprise in the KBO register.
- What is the turnover of DAMATHERM?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €116,757 and 86 comparable companies (NACE 432). It probably lies between €290,000 and €440,000.Financials
- Is DAMATHERM profitable?
- In financial year 2025, DAMATHERM made a profit of €68,260.
- Where can I find the annual accounts of DAMATHERM?
- DAMATHERM filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DAMATHERM due?
- DAMATHERM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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 trust this company with building work.Contractor check 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
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