Summary
DAMATO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.8m and a net result of €862,050. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 84% of 6,680 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DAMATO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Adres van de zetel is gevestigd in het Vlaamse Gewest, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht en overgang van effecten, beperkt door de statuten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “In beginsel alle handelingen nodig of dienstig voor vereffening;benoemingsbesluit kan beperken;voorafgaande machtiging algemene vergadering…” (deed in Dutch)