DAMEN TECHNICS
ActiveSummary
DAMEN TECHNICS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,772 and a net result of €85,952. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 1327 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+7
Solvency73▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.59 in 2024; short-term debt: 22.6% and cash: 4.2% of total assets), but 51.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.3%
Return on assets
13.1%
Age of the figures
9 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
74 d early
2024
26 d late
2023
28 d early
2022
9 d early
2021
52 d early
2020
30 d early
← 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 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 4 July (3 of the last 3 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€317,772▲ 37.1%
2024 · €231,820
Total assets
€658,576▲ 0.9%
2024 · €652,737
Net result
€85,952▲ 82.6%
2024 · €47,063
Working capital
€159,094▲ 57.5%
2024 · €101,028
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
Operating result€66,554▲ 168%€38,007▼ 42.9%€30,556▼ 19.6%€64,502▲ 111%€115,250▲ 78.7%
Net result€58,648above the sector's middle half▲ 246%€29,231within the sector's middle half▼ 50.2%€19,928within the sector's middle half▼ 31.8%€47,063above the sector's middle half▲ 136%€85,952above the sector's middle half▲ 82.6%
Equity€135,598above the sector's middle half▲ 76.2%€164,829above the sector's middle half▲ 21.6%€184,757above the sector's middle half▲ 12.1%€231,820above the sector's middle half▲ 25.5%€317,772above the sector's middle half▲ 37.1%
Total assets€501,507above the sector's middle half▲ 2.4%€500,277above the sector's middle half▼ 0.2%€504,425above the sector's middle half▲ 0.8%€652,737above the sector's middle half▲ 29.4%€658,576above the sector's middle half▲ 0.9%
Debt€365,909▼ 11.3%€335,448▼ 8.3%€319,668▼ 4.7%€420,918▲ 31.7%€340,804▼ 19.0%
Working capital€42,271within the sector's middle half€18,576within the sector's middle half▼ 56.1%€44,902within the sector's middle half▲ 142%€101,028above the sector's middle half▲ 125%€159,094above the sector's middle half▲ 57.5%
Solvency27.0%within the sector's middle half▲ 11.3pp32.9%within the sector's middle half▲ 5.9pp36.6%within the sector's middle half▲ 3.7pp35.5%within the sector's middle half▼ 1.1pp48.3%within the sector's middle half▲ 12.7pp
Current ratio1.83within the sector's middle half▲ 0.851.45within the sector's middle half▼ 0.381.93within the sector's middle half▲ 0.481.59within the sector's middle half▼ 0.342.07within the sector's middle half▲ 0.48
Return on assets (ROA)11.7%within the sector's middle half▲ 8.2pp5.8%within the sector's middle half▼ 5.9pp4.0%within the sector's middle half▼ 1.9pp7.2%within the sector's middle half▲ 3.3pp13.1%within the sector's middle half▲ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €658,576
Fixed assets
€350,422 ▼ 8.0%
Current assets
€308,154 ▲ 13.3%
Equity and liabilities €658,576
Equity
€317,772 ▲ 37.1%
Debt
€340,804 ▼ 19.0%
Debt's share of the balance-sheet total falls from 64.5% to 51.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€147,788▲
2024 · €96,578
Cash flow
€118,491▲
2024 · €79,139
Quick ratio
1.51▲
2024 · 1.23
Debt to equity
1.07▼
2024 · 1.82
ROE
27.0%▲
2024 · 20.3%
Interest coverage
29.09▲
2024 · 21.43
Debt ≤ 1 year
€149,060▼
2024 · €170,981
Debt > 1 year
€191,744▼
2024 · €249,937
Income taxes
€24,217▲
2024 · €12,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,781 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,522 | €26,147 | €31,519 | €32,077 | €32,538 | ▲ 1.4% |
| Other operating charges640/8 | €1,623 | €2,055 | €2,379 | €2,582 | €2,966 | ▲ 14.9% |
| Gross operating margin9900 | €86,699 | €66,208 | €64,453 | €99,160 | €150,754 | ▲ 52.0% |
| Operating profit (loss)9901 | €66,554 | €38,007 | €30,556 | €64,502 | €115,250 | ▲ 78.7% |
| Financial income75/76B | - | €54 | €13 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | - | €54 | €13 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | €5,207 | €5,154 | €5,262 | €4,506 | €5,080 | ▲ 12.7% |
| Recurring financial charges65 | €5,207 | €5,154 | €5,262 | €4,506 | €5,080 | ▲ 12.7% |
| Profit (loss) for the period before taxes9903 | €61,348 | €32,907 | €25,307 | €59,996 | €110,170 | ▲ 83.6% |
| Income taxes67/77 | €2,700 | €3,676 | €5,379 | €12,933 | €24,217 | ▲ 87.2% |
| Profit (loss) for the period9904 | €58,648 | €29,231 | €19,928 | €47,063 | €85,952 | ▲ 82.6% |
| Profit (loss) for the period to be appropriated9905 | €58,648 | €29,231 | €19,928 | €47,063 | €85,952 | ▲ 82.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €501,507 | €500,277 | €504,425 | €652,737 | €658,576 | ▲ 0.9% |
| Fixed assets21/28 | €408,507 | €440,624 | €411,305 | €380,729 | €350,422 | ▼ 8.0% |
| Tangible fixed assets22/27 | €408,307 | €440,424 | €411,105 | €380,529 | €350,222 | ▼ 8.0% |
| Land and buildings22 | €394,401 | €377,782 | €361,163 | €344,544 | €327,925 | ▼ 4.8% |
| Plant, machinery and equipment23 | €13,906 | €10,731 | €9,684 | €7,380 | €3,529 | ▼ 52.2% |
| Furniture and vehicles24 | - | €51,911 | €40,258 | €28,605 | €18,768 | ▼ 34.4% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €93,001 | €59,652 | €93,120 | €272,009 | €308,154 | ▲ 13.3% |
| Stocks and contracts in progress3 | - | - | - | €62,000 | €82,914 | ▲ 33.7% |
| Stocks30/36 | - | - | - | €62,000 | €82,914 | ▲ 33.7% |
| Amounts receivable within one year40/41 | €11,990 | €8,975 | €16,320 | €129,193 | €196,371 | ▲ 52.0% |
| Trade receivables40 | €11,990 | €8,975 | €16,320 | €129,193 | €196,371 | ▲ 52.0% |
| Cash at bank and in hand54/58 | €78,483 | €49,331 | €72,269 | €78,259 | €27,557 | ▼ 64.8% |
| Deferred charges and accrued income490/1 | €2,528 | €1,346 | €4,532 | €2,556 | €1,312 | ▼ 48.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €501,507 | €500,277 | €504,425 | €652,737 | €658,576 | ▲ 0.9% |
| Equity10/15 | €135,598 | €164,829 | €184,757 | €231,820 | €317,772 | ▲ 37.1% |
| Contributions10/11 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | €75,598 | €104,829 | €124,757 | €171,820 | €257,772 | ▲ 50.0% |
| Amounts payable17/49 | €365,909 | €335,448 | €319,668 | €420,918 | €340,804 | ▼ 19.0% |
| Amounts payable after more than one year17 | €315,179 | €294,371 | €271,450 | €249,937 | €191,744 | ▼ 23.3% |
| Financial debts170/4 | €315,179 | €294,371 | €271,450 | €249,937 | €191,744 | ▼ 23.3% |
| Amounts payable within one year42/48 | €50,730 | €41,077 | €48,218 | €170,981 | €149,060 | ▼ 12.8% |
| Current portion of amounts payable after more than one year42 | €20,477 | €20,808 | €21,172 | €21,513 | €18,193 | ▼ 15.4% |
| Trade debts44 | €4,538 | €840 | €4,900 | €45,839 | €32,672 | ▼ 28.7% |
| Suppliers440/4 | €4,538 | €840 | €4,900 | €45,839 | €32,672 | ▼ 28.7% |
| Taxes, remuneration and social security45 | €9,491 | €8,296 | €14,856 | €22,406 | €44,240 | ▲ 97.4% |
| Taxes450/3 | €6,491 | €8,296 | €14,856 | €20,156 | €42,040 | ▲ 109% |
| Remuneration and social security454/9 | €3,000 | - | - | €2,250 | €2,200 | ▼ 2.2% |
| Other amounts payable47/48 | €16,223 | €11,133 | €7,290 | €81,222 | €53,955 | ▼ 33.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,648 | €29,231 | €19,928 | €47,063 | €85,952 | ▲ 82.6% |
| + Depreciation and write-downs630 | €18,522 | €26,147 | €31,519 | €32,077 | €32,538 | ▲ 1.4% |
| Operating cash flow (approximation) | €77,170 | €55,377 | €51,447 | €79,139 | €118,491 | ▲ 49.7% |
| Investment in fixed assets (approximation) | - | -€58,264 | -€2,200 | -€1,500 | -€2,231 | ▼ 48.8% |
| Change in cash | - | -€29,152 | €22,938 | €5,990 | -€50,703 | ▼ 946% |
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
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €85,952 ▲82.6%
Operating result €115,250, net result €85,952, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €200,000Eq €231,820 ▲25.5%
5 profitable years in a row build equity to €231,820.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Equity above €150,000Eq €164,829 ▲21.6%
3 profitable years in a row build equity to €164,829.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Equity above €100,000Eq €135,598 ▲76.2%
2 profitable years in a row build equity to €135,598.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Willebroek · 1 establishment unit since 2019
Ground area
1,130 m²
Building footprint
191 m²
Volume, LiDAR
1,182 m³
Parcel 12036A0467/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAMEN TECHNICS
since 20192.285.965.346
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0467/00M000 | Flanders | 1,130 m² | 1 · 191 m² | 8.1 m · 2 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 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,047 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
Founded07-02-2019
Fiscal year end31-12
Trade name NL
Damen Afterpress
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
46140Agents in the wholesale of industrial machinery, ships and aircraft
46190Agents in non-specialised wholesale trade
46649Wholesale of other machinery and equipment
68201Renting and operating of own or leased residential real estate, excluding social housing
77229Renting and leasing of other personal and household goods
Contact
Phone
00000000000Willebroek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719977649
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.