DAMGAR
ActiveDAMGAR has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €1k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 22% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
18
/ 100
Critical▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-2
Solvency3=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.42 in 2024), and 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
4.6%
Return on assets
0%
Age of the figures
11 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11165 sector peers (2025).
NBB · sector comparisonPosition among 11165 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-06-2026, 61 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 · 10 filingsDeviation from the deadline
2025
61 d late
2024
on the day
2023
31 d late
2022
82 d late
2021
on the day
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▲ 0.8%
2024 · €140k
2018: €112k
2019: €112k
2020: €112k
2021: €134k
2022: €136k
2023: €139k
2024: €140k
2018 → 2025
Total assets
€3.10M▼ 5.4%
2024 · €3.28M
2018: €4.15M
2019: €4.20M
2020: €3.29M
2021: €3.59M
2022: €4.06M
2023: €3.64M
2024: €3.28M
2018 → 2025
Net result
€1k▼ 29.3%
2024 · €2k
2018: €3k
2019: €159
2020: €56
2021: €22k
2022: €2k
2023: €2k
2024: €2k
2018 → 2025
Working capital
€-1.01M▼ 15.8%
2024 · €-868k
2018: €-1.48M
2019: €-1.01M
2020: €-296k
2021: €-184k
2022: €-120k
2023: €-686k
2024: €-868k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€134k-€136k▲ 1.5%€139k▲ 1.7%€140k▲ 1.2%€141k▲ 0.8%
Operating result€96k-€74k▼ 23.6%€95k▲ 29.2%€81k▼ 14.5%€65k▼ 20.5%
Net result€22k-€2k▼ 91.1%€2k▲ 16.2%€2k▼ 30.5%€1k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.10M
Fixed assets
€2.65M▼ 0.2%
Current assets
€448k▼ 28.0%
Equity and liabilities €3.10M
Equity
€141k▲ 0.8%
Debt
€2.96M▼ 5.7%
The debt ratio falls from 95.7% to 95.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€69k▼
2024 · €144k
Cash flow
€5k▼
2024 · €64k
Solvency
4.6%▲
2024 · 4.3%
Current ratio
0.31▼
2024 · 0.42
Quick ratio
0.31=
2024 · 0.31
Debt / equity
20.95▼
2024 · 22.40
ROE
0.8%▼
2024 · 1.1%
ROA
0.0%▼
2024 · 0.0%
Interest coverage
1.09▼
2024 · 1.82
Debt
€2.96M▼
2024 · €3.14M
Debt ≤ 1 year
€1.45M▼
2024 · €1.49M
Debt > 1 year
€1.51M▼
2024 · €1.65M
Income taxes
€683▲
2024 · €584
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.28M€3.10M▼
Fixed assets21/28€2.66M€2.65M▼
Tangible fixed assets22/27€2.36M€2.36M▼
Land and buildings22€2.33M€2.32M▼
Assets under construction and advance payments27€35k€35k=
Financial fixed assets28€295k€295k=
Current assets29/58€623k€448k▼
Stocks and contracts in progress3€163k-
Stocks30/36€163k-
Amounts receivable within one year40/41€457k€443k▼
Trade receivables40€225k€201k▼
Other amounts receivable41€232k€242k▲
Cash at bank and in hand54/58€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€3.28M€3.10M▼
Equity10/15€140k€141k▲
Contributions10/11€69k€69k=
Reserves13€65k€65k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€7k€8k▲
Amounts payable17/49€3.14M€2.96M▼
Amounts payable after more than one year17€1.65M€1.51M▼
Financial debts170/4€1.63M€1.49M▼
Other amounts payable178/9€14k€14k=
Amounts payable within one year42/48€1.49M€1.45M▼
Current portion of amounts payable after more than one year42€111k€110k▼
Financial debts43€275k€225k▼
Credit institutions430/8€275k€225k▼
Trade debts44€222k€239k▲
Suppliers440/4€222k€239k▲
Taxes, remuneration and social security45€1k€509▼
Taxes450/3€1k€509▼
Other amounts payable47/48€882k€878k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€4k▼
Other operating charges640/8€123k€46k▼
Gross operating margin9900€267k€114k▼
Operating profit (loss)9901€81k€65k▼
Financial income75/76B-€24
Recurring financial income75-€24
Financial charges65/66B€79k€63k▼
Recurring financial charges65€79k€63k▼
Profit (loss) for the period before taxes9903€2k€2k▼
Income taxes67/77€584€683▲
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€8k▲
Profit (loss) brought forward from the previous period14P€5k€7k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 82 days late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €22k ▲40013%
Net result €22k, the highest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €56 ▼64.9%
Net result drops to €56, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2007
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.
Consciencestraat 26 GLV2018 AntwerpenGround area
452 m²
Building footprint
278 m²
Volume, LiDAR
3,960 m³
Parcel 11806F1243/00K004, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Damgar
since 20072.159.690.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1243/00K004 | Flanders | 452 m² | 1 · 278 m² | 18.9 m · 5 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.
Similar companies · same sector, comparable size
GROEP MATRASSENHUIS
BE 0472.106.621
Diksmuide · Eq €141k
COUVREUR
BE 0456.075.390
Antwerpen · Eq €141k
LOUPI MEDICAL BELGIUM
BE 0799.500.625
Mont-Saint-Guibert · Eq €141k
MACOFIN
BE 0632.740.797
Blankenberge · Eq €141k
IMELCO
BE 0445.202.680
Charleroi · Eq €141k
Of 6,128 companies in sector 46190 we hold annual accounts for 2,553. 1,933 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2007
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.