DAMFRA
ActiveThe computed 12-month bankruptcy probability of DAMFRA is 4.0% (elevated). The 2024 annual accounts show equity of €86k and a net result of €82k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 18939 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+18
Solvency41▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.02 in 2023; short-term debt: 28.4% and cash: 28.3% of total assets), and 84.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
29 d late
2022
3 d early
2021
3 d early
2020
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 22.4%
2023 · €70k
2020: €36k
2021: €87k
2022: €100k
2023: €70k
2020 → 2024
Total assets
€548k▲ 9.2%
2023 · €501k
2020: €145k
2021: €171k
2022: €167k
2023: €501k
2020 → 2024
Net result
€82k
2023 · €-249
2020: €6k
2021: €51k
2022: €13k
2023: €-249
2020 → 2024
Working capital
€12k▲ 492%
2023 · €2k
2020: €-2k
2021: €46k
2022: €53k
2023: €2k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€87k▲ 140%€100k▲ 15.4%€70k▼ 30.2%€86k▲ 22.4%
Operating result€9k-€66k▲ 647%€20k▼ 69.7%€7k▼ 62.9%€128k▲ 1,634%
Net result€6k-€51k▲ 715%€13k▼ 73.5%€-249€82k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,634% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €548k
Fixed assets
€380k▼ 5.7%
Current assets
€167k▲ 70.7%
Equity and liabilities €548k
Equity
€86k▲ 22.4%
Debt
€462k▲ 7.1%
The debt ratio falls from 86.1% to 84.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154k▲
2023 · €70k
Cash flow
€107k▲
2023 · €63k
Solvency
15.6%▲
2023 · 13.9%
Current ratio
1.07▲
2023 · 1.02
Quick ratio
1.02▲
2023 · 0.97
Debt / equity
5.40▼
2023 · 6.18
ROE
95.3%▲
2023 · -0.4%
ROA
14.9%▲
2023 · 0.0%
Interest coverage
9.18▲
2023 · 9.14
Debt
€462k▲
2023 · €432k
Debt ≤ 1 year
€156k▲
2023 · €96k
Debt > 1 year
€306k▼
2023 · €336k
Income taxes
€31k▲
2023 · €12
Staff costs
€75k▲
2023 · €67k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€501k€548k▲
Fixed assets21/28€404k€380k▼
Intangible fixed assets21€49k€41k▼
Tangible fixed assets22/27€355k€340k▼
Land and buildings22€343k€331k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€12k€7k▼
Financial fixed assets28€261€262▲
Current assets29/58€98k€167k▲
Stocks and contracts in progress3€5k€9k▲
Stocks30/36€5k€9k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€1k
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€91k€155k▲
Equity and liabilities
Total equity and liabilities10/49€501k€548k▲
Equity10/15€70k€86k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€40k€56k▲
Amounts payable17/49€432k€462k▲
Amounts payable after more than one year17€336k€306k▼
Financial debts170/4€336k€306k▼
Amounts payable within one year42/48€96k€156k▲
Current portion of amounts payable after more than one year42-€29k
Financial debts43€34k-
Credit institutions430/8€34k-
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€23k€51k▲
Taxes450/3€14k€47k▲
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48€30k€66k▲
Income statement
Code20232024
Remuneration, social security and pensions62€67k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€25k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k-
Other operating charges640/8€215€4k▲
Non-recurring operating charges66A-€150
Gross operating margin9900€145k€233k▲
Operating profit (loss)9901€7k€128k▲
Financial income75/76B€39€667▲
Recurring financial income75€6€667▲
Non-recurring financial income76B€33-
Financial charges65/66B€8k€17k▲
Recurring financial charges65€8k€17k▲
Profit (loss) for the period before taxes9903€-237€112k▲
Income taxes67/77€12€31k▲
Profit (loss) for the period9904€-249€82k▲
Profit (loss) for the period to be appropriated9905€-249€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€121k▲
Profit (loss) brought forward from the previous period14P€70k€40k▼
Profit to be distributed694/7€30k€66k▲
Return on contributions (dividend)694€30k€66k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-249 ▼102%
Net result drops to €-249, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €100k ▲15.4%
3 profitable years in a row build equity to €100k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 2.06
Current ratio from 0.97 to 2.06; short-term debt falls from €52k to €43k.
22-07
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.
Directors · office · real estate
Directors
1 act for this company is 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, Namur · 1 establishment unit since 2020
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.
Avenue de la Plante 45000 NamurGround area
164 m²
Building footprint
65 m²
Volume, LiDAR
835 m³
Parcel 92302D0209/00N000, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Les Potes au Feu
since 20202.297.857.249
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302D0209/00N000 ProtectedSite or landscape |
Wallonia | 164 m² | 1 · 65 m² | 15.4 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.297.857.249
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:damien.gorjanec@hotmail.com
Phone:+3281640444