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 €838,480 and a net result of -€124,245. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 9336 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 €50,000 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 29 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€838,480▼ 12.9%
2024 · €962,725
Total assets
€1.4m▼ 12.2%
2024 · €1.6m
Net result
-€124,245
2024 · €148,546
Working capital
-€93,883
2024 · €51,889
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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-€61,770▲ 42.9%€5,339€17,840▲ 234%€156,031▲ 775%-€116,521
Net result-€65,367below the sector's middle half▲ 41.8%-€18,659below the sector's middle half▲ 71.5%€18,606within the sector's middle half€148,546above the sector's middle half▲ 698%-€124,245below the sector's middle half
Equity€851,773within the sector's middle half▼ 7.1%€833,114within the sector's middle half▼ 2.2%€834,158within the sector's middle half▲ 0.1%€962,725above the sector's middle half▲ 15.4%€838,480within the sector's middle half▼ 12.9%
Total assets€1.8mwithin the sector's middle half▲ 10.7%€1.7mwithin the sector's middle half▼ 3.9%€1.7mwithin the sector's middle half▼ 4.7%€1.6mabove the sector's middle half▼ 2.7%€1.4mwithin the sector's middle half▼ 12.2%
Debt€947,765▲ 35.2%€896,098▼ 5.5%€810,695▼ 9.5%€641,706▼ 20.8%€572,216▼ 10.8%
Working capital-€289,242below the sector's middle half▼ 117%-€197,930below the sector's middle half▲ 31.6%-€198,899below the sector's middle half▼ 0.5%€51,889within the sector's middle half-€93,883within the sector's middle half
Solvency46.9%within the sector's middle half▼ 9.0pp47.7%within the sector's middle half▲ 0.8pp50.1%within the sector's middle half▲ 2.4pp59.5%within the sector's middle half▲ 9.4pp59.0%within the sector's middle half▼ 0.5pp
Current ratio0.06below the sector's middle half▼ 0.500.05below the sector's middle half▼ 0.010.03below the sector's middle half▼ 0.021.44within the sector's middle half▲ 1.410.24below the sector's middle half▼ 1.20
Return on assets (ROA)-3.6%below the sector's middle half▲ 3.3pp-1.1%below the sector's middle half▲ 2.5pp1.1%within the sector's middle half▲ 2.2pp9.2%above the sector's middle half▲ 8.1pp-8.7%below the sector's middle half▼ 17.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +698% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €116,521 after €156,031 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.4m ▼ 3.9%
Current assets
€29,587 ▼ 82.6%
Equity and liabilities €1.4m
Equity
€838,480 ▼ 12.9%
Provisions
€11,148 ▼ 23.2%
Debt
€572,216 ▼ 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
-€51,187▼
2024 · €222,077
Cash flow
-€58,911▼
2024 · €214,592
Debt to equity
0.68▲
2024 · 0.67
ROE
-14.8%▼
2024 · 15.4%
Interest coverage
-4.61▼
2024 · 17.59
Debt ≤ 1 year
€123,470▲
2024 · €117,975
Debt > 1 year
€448,745▼
2024 · €523,731
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €183,382 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,565 | €75,164 | €76,601 | €66,046 | €65,334 | ▼ 1.1% |
| Other operating charges640/8 | €58,461 | €17,551 | €1,524 | €39,627 | €19,293 | ▼ 51.3% |
| Gross operating margin9900 | €68,257 | €98,054 | €95,966 | €261,704 | -€31,894 | ▼ 112% |
| Operating profit (loss)9901 | -€61,770 | €5,339 | €17,840 | €156,031 | -€116,521 | ▼ 175% |
| Financial income75/76B | €106 | €21 | €22 | €22 | €16 | ▼ 25.6% |
| Recurring financial income75 | €106 | €21 | €22 | €22 | €16 | ▼ 25.6% |
| Financial charges65/66B | €9,270 | €24,019 | €13,733 | €12,626 | €11,115 | ▼ 12.0% |
| Recurring financial charges65 | €9,270 | €24,019 | €13,733 | €12,626 | €11,115 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | -€70,934 | -€18,659 | €4,129 | €143,427 | -€127,620 | ▼ 189% |
| Transfer from deferred taxes780 | €5,567 | - | €14,477 | €5,119 | €3,375 | ▼ 34.1% |
| Profit (loss) for the period9904 | -€65,367 | -€18,659 | €18,606 | €148,546 | -€124,245 | ▼ 184% |
| Transfer from tax-exempt reserves789 | €16,702 | - | €60,599 | €15,357 | €10,125 | ▼ 34.1% |
| Profit (loss) for the period to be appropriated9905 | -€48,665 | -€18,659 | €79,205 | €163,903 | -€114,120 | ▼ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.7m | €1.7m | €1.6m | €1.4m | ▼ 12.2% |
| Fixed assets21/28 | €1.8m | €1.7m | €1.7m | €1.4m | €1.4m | ▼ 3.9% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €1.7m | €1.4m | €1.4m | ▼ 3.9% |
| Land and buildings22 | €1.7m | €1.7m | €1.6m | €1.4m | €1.4m | ▼ 3.9% |
| Plant, machinery and equipment23 | €28,277 | €19,035 | €7,551 | €3,817 | €7,873 | ▲ 106% |
| Furniture and vehicles24 | €29,758 | €21,392 | €12,157 | €5,512 | €290 | ▼ 94.7% |
| Current assets29/58 | €17,780 | €10,384 | €5,711 | €169,864 | €29,587 | ▼ 82.6% |
| Amounts receivable within one year40/41 | €10,432 | €4,137 | €801 | €11,373 | €18,352 | ▲ 61.4% |
| Trade receivables40 | €9,838 | €4,112 | €797 | €4,828 | €13,251 | ▲ 174% |
| Other amounts receivable41 | €594 | €26 | €3 | €6,545 | €5,100 | ▼ 22.1% |
| Cash at bank and in hand54/58 | €6,233 | €3,870 | €2,534 | €155,219 | €7,223 | ▼ 95.3% |
| Deferred charges and accrued income490/1 | €1,115 | €2,377 | €2,377 | €3,271 | €4,013 | ▲ 22.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.7m | €1.7m | €1.6m | €1.4m | ▼ 12.2% |
| Equity10/15 | €851,773 | €833,114 | €834,158 | €962,725 | €838,480 | ▼ 12.9% |
| Contributions10/11 | €198,315 | €198,315 | €198,315 | €198,315 | €198,315 | = |
| Capital10 | €198,315 | €198,315 | €198,315 | €198,315 | €198,315 | = |
| Issued capital100 | €198,315 | €198,315 | €198,315 | €198,315 | €198,315 | = |
| Revaluation surpluses12 | €791,973 | €791,973 | €791,973 | €771,994 | €771,994 | = |
| Reserves13 | €175,594 | €175,594 | €97,434 | €82,077 | €71,952 | ▼ 12.3% |
| Non-distributable reserves130/1 | €3,407 | €3,407 | €3,407 | €3,407 | €3,407 | = |
| Legal reserve130 | €3,407 | €3,407 | €3,407 | €3,407 | €3,407 | = |
| Tax-exempt reserves132 | €137,086 | €137,086 | €58,926 | €43,569 | €33,444 | ▼ 23.2% |
| Distributable reserves133 | €35,101 | €35,101 | €35,101 | €35,101 | €35,101 | = |
| Profit (loss) carried forward14 | -€314,109 | -€332,768 | -€253,563 | -€89,660 | -€203,780 | ▼ 127% |
| Provisions and deferred taxes16 | €16,557 | €16,557 | €19,642 | €14,523 | €11,148 | ▼ 23.2% |
| Deferred taxes168 | €16,557 | €16,557 | €19,642 | €14,523 | €11,148 | ▼ 23.2% |
| Amounts payable17/49 | €947,765 | €896,098 | €810,695 | €641,706 | €572,216 | ▼ 10.8% |
| Amounts payable after more than one year17 | €640,743 | €687,784 | €606,084 | €523,731 | €448,745 | ▼ 14.3% |
| Financial debts170/4 | €640,743 | €687,784 | €606,084 | €523,731 | €448,745 | ▼ 14.3% |
| Amounts payable within one year42/48 | €307,022 | €208,315 | €204,611 | €117,975 | €123,470 | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | €68,341 | €80,281 | €81,700 | €82,353 | €74,986 | ▼ 8.9% |
| Trade debts44 | €4,984 | €25,112 | €13,053 | €9,250 | €29,509 | ▲ 219% |
| Suppliers440/4 | €4,984 | €25,112 | €13,053 | €9,250 | €29,509 | ▲ 219% |
| Advances received on contracts in progress46 | €175,000 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €26 | €197 | €208 | €0 | - | - |
| Taxes450/3 | €26 | €197 | €208 | €0 | - | - |
| Other amounts payable47/48 | €58,671 | €102,725 | €109,651 | €26,372 | €18,976 | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€65,367 | -€18,659 | €18,606 | €148,546 | -€124,245 | ▼ 184% |
| + Depreciation and write-downs630 | €71,565 | €75,164 | €76,601 | €66,046 | €65,334 | ▼ 1.1% |
| Operating cash flow (approximation) | €6,198 | €56,505 | €95,207 | €214,592 | -€58,911 | ▼ 127% |
| Investment in fixed assets (approximation) | - | -€12,234 | €0 | €143,648 | -€8,500 | ▼ 106% |
| Change in cash | - | -€2,363 | -€1,336 | €152,686 | -€147,996 | ▼ 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 -€124,245
Net result drops to -€124,245, 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 €148,546 ▲698%
Operating result €156,031, net result €148,546, 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 €204,611 to €117,975.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 82 days late
2023
31-12
Financial
Back to profitnet €18,606
Net result €18,606 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 €2,346
Net result €2,346 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 12,042 companies in sector 68203 we hold annual accounts for 6,005. 4,227 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441418690
Also
9925:BE0441418690
Registered
16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.