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DAMIER

Active
Public limited companyfounded 199134 yrs activeGrote Markt(Kor) 41, 8500 Kortrijk, BelgiumKBO/BCE: BE 0445.703.716
Summary

DAMIER has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194.7m and a net result of €3.1m. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Hotels and similar accommodation
NACE 55100Full-service restaurants NACE 56101Full-service restaurants NACE 56111
#1 company by total assets in West Flanders, Accommodation and food service sector1 site
Size
€10.3mturnover 2025
Staff
20.8 FTE
Equity
€194.7m
Profit
€3.1m
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Largest shareholder
RELM · 12.48%
Holdings
8
Accounts 18 d early0 of 7 deeds read
Why 97- Liquidity: current ratio 3.77, cash €1.3m, halved- Profit of €3.1m (FY 2025)+ Founded in 1991+ Equity €194.7m (93.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 77% of its sector peers (NACE 55, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 93.2% of total assets
Liquidity 51-4
short-term debt 6.8% · cash 0.6%
Profitability 80+8
return on assets 1.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (576 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -3.9% vs 12-2024 02-2025: 0.1%▼ -4.1% vs 01-2025 03-2025: 0.1%▲ +2.8% vs 02-2025 04-2025: 0.1%▲ +2.7% vs 03-2025 05-2025: 0.1%▲ +5.3% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%▲ +32.9% vs 06-2025 08-2025: 0.2%▲ +67.6% vs 07-2025highest value 09-2025: < 0.1%▼ -71.6% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -2.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%▲ +2.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▲ +6.0% vs 06-2026 08-2026: 0.1%▲ +96.2% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Founded in 1991 lowers the probability for this profile
  • Liquidity: current ratio 3.77, cash €1.3m, halved raises the probability
  • Equity €194.7m (93.2% of total assets) lowers the probability
  • Profit of €3.1m (FY 2025) raises the probability
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 3.77 against 9.25 in 2024; short-term debt: 6.8% and cash: 0.6% of total assets), and 6.8% of the assets are financed with debt.
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 55, small). Better than this share of them on solvency 94%, liquidity 57%, profitability 88%, growth against the median 70%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 3.77, cash €1.3m, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €194.7m (93.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Profit of €3.1m (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
4 d late
2023
37 d early
2022
7 d early
2021
18 d early
2020
15 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% 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 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. General meeting · Name changeRegistered-office move · Name clause
  3. Name clause · Legal form clauseRegistered office clause · Duration

Key points

  • Positive: Turnover rose in 2025from €4.1m to €10.3m ▲ 152% View
  • Positive: Company by total assets in West Flanders, Accommodation…in the Checked rankings #1 View
  • Heads a groupcompanies controlled 3 View

By topic

Financials

Fiscal year
2025
Turnover
€10.3m
Profit
€3.1m
Solvency
93.2%
Turnover▲ 152%
Net result
20182025
Go to Financials

Timeline

Events
20
Since
2017
Next accounts
by 31-07-2027
  1. 13-07-2026Annual accounts filed
  2. 01-06-2026General meeting · Name change
  3. 21-05-2026Name clause · Legal form clause
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
20-11-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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