Skip to content

DAMAVANDE

Active
Private limited companyfounded 199135 yrs activeJozef Van Elewijckstraat 12, 1853 Grimbergen, BelgiumKBO/BCE: BE 0443.168.155
Summary

The computed 12-month bankruptcy probability of DAMAVANDE is 4.0% (moderate). The 2024 annual accounts show negative equity (-€4,750) and a net result of €662. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 6728 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch ReportCompare
DAMAVANDEActiveChecked score 48/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330Non-scheduled passenger transport by road NACE 49320NACE 60220
#6 oldest company in Grimbergen, Transport and storage sector1 site
Size
€36,626turnover 2024
Equity
-€4,750
Profit
€662
Financial health
48 Fair Checked score 2024
Bankruptcy chance 12 m
4.0%
Structure
Accounts 68 d overdue0 of 4 deeds read
Why 48- Liquidity: current ratio 0.05, cash €27- Sector Land transport and transport via pipelines (NACE 49)+ Founded in 1991+ Size: turnover €36,626, total assets €32,126Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 30% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 10+10
equity -14.8% of total assets
Liquidity 0=
short-term debt 114.8% · cash 0.1%
Profitability 73+30
return on assets 2.1%
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,058 companies)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● 0.0% vs 11-2024 01-2025: 2.8%● 0.0% vs 12-2024 02-2025: 2.8%● 0.0% vs 01-2025 03-2025: 2.8%▲ +2.0% vs 02-2025 04-2025: 2.9%▲ +2.3% vs 03-2025 05-2025: 3.2%▲ +12.7% vs 04-2025 06-2025: 3.2%▼ -2.4% vs 05-2025 07-2025: 3.6%▲ +12.8% vs 06-2025 08-2025: 4.7%▲ +30.9% vs 07-2025 09-2025: 5.4%▲ +15.4% vs 08-2025 10-2025: 6.6%▲ +23.0% vs 09-2025highest value 11-2025: 3.5%▼ -46.9% vs 10-2025 12-2025: 4.1%▲ +17.5% vs 11-2025 01-2026: 3.0%▼ -28.3% vs 12-2025 02-2026: 3.0%● 0.0% vs 01-2026 03-2026: 3.0%▲ +0.7% vs 02-2026 04-2026: 3.0%▲ +1.9% vs 03-2026 05-2026: 3.0%● 0.0% vs 04-2026 06-2026: 2.7%▼ -9.8% vs 05-2026lowest value 07-2026: 2.9%▲ +7.0% vs 06-2026 08-2026: 3.3%▲ +13.1% vs 07-2026 09-2026: 3.7%▲ +10.2% vs 08-2026 10-2026: 4.0%▲ +9.1% vs 09-2026
  • Founded in 1991 lowers the probability for this profile
  • Liquidity: current ratio 0.05, cash €27 raises the probability
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Size: turnover €36,626, total assets €32,126 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.05 against 0.07 in 2023; short-term debt: 114.8% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 11%, liquidity 2%, profitability 50%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 0.05, cash €27
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: turnover €36,626, total assets €32,126
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 6728 sector peers (2024).
NBB · sector comparison
Position among 6728 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
113 d late
2023
23 d late
2022
29 d late
2021
29 d late
2020
6 d late
2019
87 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 48 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Back to profitnet €417

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€4,750 View
  • Caution: Among the weakest 12% on solvencysector median 37.3% · 6,728 companies -14.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 d late View

By topic

Financials

Fiscal year
2024
Turnover
€36,626
Profit
€662
Solvency
-14.8%
Go to Financials

Timeline

Events
15
Since
1992
  1. 21-11-2025Annual accounts filed
  2. 23-08-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
16-01-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure