DAMJAL
ActiveSummary
DAMJAL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €838k and a net result of €-124k. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-72
Solvency84=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.24 against 1.44 in 2024; short-term debt: 8.7% and cash: 0.5% of total assets), and 41% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
59%
Return on assets
-8.7%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
61 d late
2023
82 d late
2022
28 d late
2021
29 d late
2020
3 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€838k▼ 12.9%
2024 · €963k
Total assets
€1.42M▼ 12.2%
2024 · €1.62M
Net result
€-124k
2024 · €149k
Working capital
€-94k
2024 · €52k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-62k▲ 42.9%€5k€18k▲ 234%€156k▲ 775%€-117k
Net result€-65k▲ 41.8%€-19k▲ 71.5%€19k€149k▲ 698%€-124k
Equity€852k▼ 7.1%€833k▼ 2.2%€834k▲ 0.1%€963k▲ 15.4%€838k▼ 12.9%
Total assets€1.82M▲ 10.7%€1.75M▼ 3.9%€1.66M▼ 4.7%€1.62M▼ 2.7%€1.42M▼ 12.2%
Debt€948k▲ 35.2%€896k▼ 5.5%€811k▼ 9.5%€642k▼ 20.8%€572k▼ 10.8%
Working capital€-289k▼ 117%€-198k▲ 31.6%€-199k▼ 0.5%€52k€-94k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €117k after €156k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€1.39M ▼ 3.9%
Current assets
€30k ▼ 82.6%
Equity and liabilities €1.42M
Equity
€838k ▼ 12.9%
Provisions
€11k ▼ 23.2%
Debt
€572k ▼ 10.8%
Debt's share of the balance-sheet total rises from 39.6% to 40.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-51k▼
2024 · €222k
Cash flow
€-59k▼
2024 · €215k
Current ratio
0.24▼
2024 · 1.44
Debt to equity
0.68▲
2024 · 0.67
ROE
-14.8%▼
2024 · 15.4%
ROA
-8.7%▼
2024 · 9.2%
Interest coverage
-4.61▼
2024 · 17.59
Debt ≤ 1 year
€123k▲
2024 · €118k
Debt > 1 year
€449k▼
2024 · €524k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €183k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72k | €75k | €77k | €66k | €65k | ▼ 1.1% |
| Other operating charges640/8 | €58k | €18k | €2k | €40k | €19k | ▼ 51.3% |
| Gross operating margin9900 | €68k | €98k | €96k | €262k | €-32k | ▼ 112% |
| Operating profit (loss)9901 | €-62k | €5k | €18k | €156k | €-117k | ▼ 175% |
| Financial income75/76B | €106 | €21 | €22 | €22 | €16 | ▼ 25.6% |
| Recurring financial income75 | €106 | €21 | €22 | €22 | €16 | ▼ 25.6% |
| Financial charges65/66B | €9k | €24k | €14k | €13k | €11k | ▼ 12.0% |
| Recurring financial charges65 | €9k | €24k | €14k | €13k | €11k | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | €-71k | €-19k | €4k | €143k | €-128k | ▼ 189% |
| Transfer from deferred taxes780 | €6k | - | €14k | €5k | €3k | ▼ 34.1% |
| Profit (loss) for the period9904 | €-65k | €-19k | €19k | €149k | €-124k | ▼ 184% |
| Transfer from tax-exempt reserves789 | €17k | - | €61k | €15k | €10k | ▼ 34.1% |
| Profit (loss) for the period to be appropriated9905 | €-49k | €-19k | €79k | €164k | €-114k | ▼ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.82M | €1.75M | €1.66M | €1.62M | €1.42M | ▼ 12.2% |
| Fixed assets21/28 | €1.80M | €1.74M | €1.66M | €1.45M | €1.39M | ▼ 3.9% |
| Tangible fixed assets22/27 | €1.80M | €1.74M | €1.66M | €1.45M | €1.39M | ▼ 3.9% |
| Land and buildings22 | €1.74M | €1.69M | €1.64M | €1.44M | €1.38M | ▼ 3.9% |
| Plant, machinery and equipment23 | €28k | €19k | €8k | €4k | €8k | ▲ 106% |
| Furniture and vehicles24 | €30k | €21k | €12k | €6k | €290 | ▼ 94.7% |
| Current assets29/58 | €18k | €10k | €6k | €170k | €30k | ▼ 82.6% |
| Amounts receivable within one year40/41 | €10k | €4k | €801 | €11k | €18k | ▲ 61.4% |
| Trade receivables40 | €10k | €4k | €797 | €5k | €13k | ▲ 174% |
| Other amounts receivable41 | €594 | €26 | €3 | €7k | €5k | ▼ 22.1% |
| Cash at bank and in hand54/58 | €6k | €4k | €3k | €155k | €7k | ▼ 95.3% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €3k | €4k | ▲ 22.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.82M | €1.75M | €1.66M | €1.62M | €1.42M | ▼ 12.2% |
| Equity10/15 | €852k | €833k | €834k | €963k | €838k | ▼ 12.9% |
| Contributions10/11 | €198k | €198k | €198k | €198k | €198k | = |
| Capital10 | €198k | €198k | €198k | €198k | €198k | = |
| Issued capital100 | €198k | €198k | €198k | €198k | €198k | = |
| Revaluation surpluses12 | €792k | €792k | €792k | €772k | €772k | = |
| Reserves13 | €176k | €176k | €97k | €82k | €72k | ▼ 12.3% |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | €3k | €3k | €3k | €3k | €3k | = |
| Tax-exempt reserves132 | €137k | €137k | €59k | €44k | €33k | ▼ 23.2% |
| Distributable reserves133 | €35k | €35k | €35k | €35k | €35k | = |
| Profit (loss) carried forward14 | €-314k | €-333k | €-254k | €-90k | €-204k | ▼ 127% |
| Provisions and deferred taxes16 | €17k | €17k | €20k | €15k | €11k | ▼ 23.2% |
| Deferred taxes168 | €17k | €17k | €20k | €15k | €11k | ▼ 23.2% |
| Amounts payable17/49 | €948k | €896k | €811k | €642k | €572k | ▼ 10.8% |
| Amounts payable after more than one year17 | €641k | €688k | €606k | €524k | €449k | ▼ 14.3% |
| Financial debts170/4 | €641k | €688k | €606k | €524k | €449k | ▼ 14.3% |
| Amounts payable within one year42/48 | €307k | €208k | €205k | €118k | €123k | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | €68k | €80k | €82k | €82k | €75k | ▼ 8.9% |
| Trade debts44 | €5k | €25k | €13k | €9k | €30k | ▲ 219% |
| Suppliers440/4 | €5k | €25k | €13k | €9k | €30k | ▲ 219% |
| Advances received on contracts in progress46 | €175k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €26 | €197 | €208 | €0 | - | - |
| Taxes450/3 | €26 | €197 | €208 | €0 | - | - |
| Other amounts payable47/48 | €59k | €103k | €110k | €26k | €19k | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-65k | €-19k | €19k | €149k | €-124k | ▼ 184% |
| + Depreciation and write-downs630 | €72k | €75k | €77k | €66k | €65k | ▼ 1.1% |
| Operating cash flow (approximation) | €6k | €57k | €95k | €215k | €-59k | ▼ 127% |
| Investment in fixed assets (approximation) | - | €-12k | €0 | €144k | €-9k | ▼ 106% |
| Change in cash | - | €-2k | €-1k | €153k | €-148k | ▼ 197% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €149k ▲698%
Operating result €156k, net result €149k, both a record.
31-12
Financial
Liquidity times 52current ratio 1.44
Current ratio from 0.03 to 1.44; short-term debt falls from €205k to €118k.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 82 days late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Aarschot · 1 establishment unit since 1991
Ground area
6,246 m²
Parcel 24001A0065/00M002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Herseltsesteenweg 311, 3200 Aarschot
since 19912.054.197.506
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001A0065/00M002 | Flanders | 6,246 m² | - | - |
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 12,041 companies in sector 68203 we hold annual accounts for 5,994. 4,221 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.