Financials
- Fiscal year
- 2025
- Total assets
- €809,368
- Loss
- -€81,815
- Solvency
- 15.6%
Total assets▼ 35.0%
Net result
20182025
DAMNET
ActiveSummary
The computed 12-month bankruptcy probability of DAMNET is 1.5% (moderate). The annual accounts of DAMNET for fiscal year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €126,539 and a net result of -€81,815. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 1,671 sector peers (NACE 62, fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other information technology and computer services
NACE 62900Wired, wireless and satellite telecommunications NACE 61100
#8 employer in Namur, Telecoms and IT sector1 site
Size
€809,368total assets 2025
- Staff
- 23.2 FTE
- Equity
- €126,539
- Loss
- -€81,815
Structure
- Board
- 7 members
Accounts 50 days early3 of 22 deeds read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €81,815, the second in a row (FY 2025)- 2 of the last 3 late- Size: 23.2 FTE, total assets €809,368+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 62, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
41+6
equity 15.6% of total assets
Liquidity
29-14
short-term debt 68.5% · cash 12.6%
Profitability
21+21
return on assets -10.1%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.2 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 1.1%▲ +0.4 percentage points vs 09-2025
11-2025: 1.1%● unchanged 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: 1.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.6%▲ +0.6 percentage points vs 06-2026highest value
08-2026: 1.6%● unchanged vs 07-2026highest value
09-2026: 1.6%● unchanged vs 08-2026highest value
10-2026: 1.5%▼ -0.1 percentage points vs 09-2026
Credit up to €6,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.08 against 1.01 in 2024; short-term debt: 68.5% and cash: 12.6% of total assets), and 84.4% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, small): better than 23% on solvency, 25% on liquidity, 17% on profitability and 37% on growth.
The bankruptcy probability was computed on 06-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals.
−lowers risk+raises risk○neutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
33 days late
2023
43 days late
2022
30 days late
2021
19 days late
2020
16 days late
2019
42 days 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 19 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- MiscellaneousPower of attorney
- Appointments: Simon Bastin, W.ALTER. and Jean-François…Reappointments: Paul Maréchal, Charles-Antoine Kervyn…
- Annual accounts filedfiscal year 2025 · full…
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2025 -€81,815 View
- Positive: Result rose in 2025from -€348,644 to -€81,815 ▲ 76.5% View
- Caution: Among the weakest 20% on net resultsector median €36,848 · 1,672 companies -€81,815 View
- Board changedlatest change 26-06-2026 · 7 in office 6 joined · 4 left View
By topic
Board & ownership
- Board
- 7 members
Go to Board & ownership
Network & group
- Connected companies
- 2
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 10-02-2026Resignations: Philippe LESNE (director and chair) and…
- 02-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Cooperative company
- Activity
- Other information technology and computer servicesNACE 62900
- Founded
- 01-08-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.