Equity
€116,130 from €208,263 in 2022
Equity fell by 44% in 3 years.
Dammepark construct
Lifetime
8 annual accounts with figures on one time axispeak €75,065 (2020)
-€132,697▼ €126,090
lowest -€91,761 (2025)
-€91,761▼ €92,430
peak €208,263 (2022)
€116,130▼ 44.1%
€2.7m▲ 63.1%
Board4 names since 2018
2 directorsGML ESTATE and 1 other
Owners
Documentsfilings and deeds
26-08-202626 days late
2025financial year
Gross margin from -€6,606 to -€132,697Loss of €91,761Registered office moved from Sint-Martens-Latem to Nazareth 03-10Equity from €207,891 to €116,130Debts from €1.7m to €2.7mCash from €657 to €3,284
Key points
from the 2025 annual accountsResult
-€91,761 -€91,761
From profit to loss in 2025, after a profit of €669 in 2024.
Debts
€2.7m 96% of the balance sheet
Suppliers 5%Taxes and wages 0%Other 95%
Filings
8 annual accounts 5 late
The 2025 accounts came latest: 26 days after the end of the period.
At the same address
13 companies
Position in the sector
-€91,761
Lower net result than 82% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
77
Excellent
Financially stronger than 14% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025
09-2025: 0.6%▼ -0.1 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 1.1%▲ +0.5 percentage points vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -1.3 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.04, cash €3,284
1 change of registered office in 24 months
lowers risk
Size: total assets €2.8m
Figures for financial year 2025 (filed on 03-09-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 22% of them on solvency, 2% on liquidity, 22% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 819 companies had the same profile as Dammepark construct has now. Each dot stands for 3 companies, two years later.
94.7%
were still trading
3.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Dammepark construct itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 819 companies, not a prediction for Dammepark construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04 (1.16 in 2024), below the usual 1.5. Short-term debt is 95.9% and cash 0.1% of total assets. 95.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 5810 sector peers (2025).
NBB · sector comparisonPosition among 5810 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
26 days late
2024
20 days late
2023
24 days late
2022
9 days early
2021
34 days early
2020
20 days late
2019
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GML ESTATE 10%score 89equity €14.0m (2025) · 30-09-2022 annual accounts of GML ESTATE
Recent changes
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos · Roeselare
Registered office moved from Sint-Martens-Latem to Nazareth
New registered office: Steenweg Deinze 35, 9810 Nazareth · Previous registered office: Pontstraat 23, 9831 Sint-Martens-Latem · Board meeting of 08-08-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697830371
Permanent representative: Maxime Dumarey
General meeting of 10-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dammepark construct Nazareth-De Pinte | €2.8m | -€132,697 | 4.1% | - |
| Spitfire Ghent | €2.5m | -€4,441 | -4.5% | - |
| COHOUSING PROJECTS Ghent | €2.8m | -€142,179 | 53.4% | 3.6 |
| VERBINNEN ESTATE Olen | €2.8m | -€10,546 | 9.4% | - |
| Fred YouStone Antwerp | €3.1m | -€14,199 | 14.7% | - |
| Grond Ontwikkeling Bedrijf Edegem | €3.3m | -€22,138 | 21.6% | - |
| Amanu Invest Sint-Katelijne-Waver | €3.1m | -€141,607 | 55.6% | 1.6 |
These companies have the same main activity as Dammepark construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.5m and €3.3m, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 12-06-2018Normal situation
- Registered office
- 14 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 2 others
- Establishment unit
- 2.277.693.5239810 Nazareth-De Pinte, since 12-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 13-08-2025
Insights on Dammepark construct
Solvency fell in 2025 from 10.8% to 4.1% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Dammepark construct
- What is the company number of Dammepark construct?
- The company number of Dammepark construct is 0697.830.371. The VAT number is the same number with BE in front: BE 0697.830.371.
- Where is Dammepark construct based?
- The registered office is at Steenweg Deinze 35, 9810 Nazareth-De Pinte.Company details
- What does Dammepark construct do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Dammepark construct?
- Dammepark construct is a public limited company (NV).
- When was Dammepark construct founded?
- Dammepark construct was founded on 12-06-2018.
- Is Dammepark construct still active?
- Yes, Dammepark construct is an active enterprise in the KBO register.
- What is the turnover of Dammepark construct?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Dammepark construct profitable?
- In financial year 2025, Dammepark construct made a loss of €91,761.
- Where can I find the annual accounts of Dammepark construct?
- Dammepark construct filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Dammepark construct due?
- Dammepark construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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