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Private limited companyfounded 20224 yrs activeCharles Woestelaan 104, 1090 Jette, BelgiumKBO/BCE: BE 0785.673.274
Summary

DAMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €33,247 and a net result of €13,758. Equity is growing by ~60.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 9872 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
21 d late
2023
29 d late
2022
17 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
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

History

DAMO was incorporated on 3 May 2022 as a Private limited company.1 Total assets rose from EUR 25,002 in 2022 to EUR 47,900 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,247▲ 70.6%
2023 · €19,489
Net result
€13,758▲ 39.6%
2023 · €9,856
Total assets
€47,900▲ 66.7%
2023 · €28,740
Solvency
69.4%▲ 1.6pp
2023 · 67.8%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line202220232024
Operating result€7,113-€13,761▲ 93.5%€18,959▲ 37.8%
Net result€4,632within the sector's middle half-€9,856within the sector's middle half▲ 113%€13,758within the sector's middle half▲ 39.6%
Equity€9,632below the sector's middle half-€19,489below the sector's middle half▲ 102%€33,247below the sector's middle half▲ 70.6%
Total assets€25,002below the sector's middle half-€28,740below the sector's middle half▲ 14.9%€47,900below the sector's middle half▲ 66.7%
Debt€15,369-€9,251▼ 39.8%€14,653▲ 58.4%
Working capital€6,133within the sector's middle half-€18,375within the sector's middle half▲ 200%€32,514within the sector's middle half▲ 76.9%
Solvency38.5%within the sector's middle half-67.8%within the sector's middle half▲ 29.3pp69.4%within the sector's middle half▲ 1.6pp
Current ratio1.40within the sector's middle half-2.99within the sector's middle half▲ 1.593.22within the sector's middle half▲ 0.23
Return on assets (ROA)18.5%within the sector's middle half-34.3%above the sector's middle half▲ 15.8pp28.7%above the sector's middle half▼ 5.6pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2022: €7,113€7,113Net result 2022: €4,632€4,632Operating result 2023: €13,761€13,761Net result 2023: €9,856€9,856Operating result 2024: €18,959€18,959Net result 2024: €13,758€13,758202220232024€0€5,000€10,000€15,000€20,000Operating result 2022: €7,113€7,110Net result 2022: €4,632€4,630Operating result 2023: €13,761€13,800Net result 2023: €9,856€9,860Operating result 2024: €18,959€19,000Net result 2024: €13,758€13,800202220232024
The operating result has risen two years in a row; 2024 is 38% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47,900
Fixed assets €733 ▼ 34.2%
Current assets €47,167 ▲ 70.7%
Equity and liabilities €47,900
Equity €33,247 ▲ 70.6%
Debt €14,653 ▲ 58.4%
Debt's share of the balance-sheet total falls from 32.2% to 30.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
ROE
41.4%▼
2023 · 50.6%
Debt ≤ 1 year
€14,653▲
2023 · €9,251
Income taxes
€5,073▲
2023 · €3,894
Staff costs
€150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€28,740€47,900▲
Fixed assets21/28€1,113€733▼
Tangible fixed assets22/27€1,113€733▼
Furniture and vehicles24€1,113€733▼
Current assets29/58€27,626€47,167▲
Amounts receivable within one year40/41€9,620€8,940▼
Trade receivables40€9,620€8,940▼
Cash at bank and in hand54/58€17,660€37,876▲
Deferred charges and accrued income490/1€346€351▲
Equity and liabilities
Total equity and liabilities10/49€28,740€47,900▲
Equity10/15€19,489€33,247▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€14,489€28,247▲
Amounts payable17/49€9,251€14,653▲
Amounts payable within one year42/48€9,251€14,653▲
Trade debts44€604€401▼
Suppliers440/4€604€401▼
Taxes, remuneration and social security45€8,407€14,252▲
Taxes450/3€8,407€14,252▲
Other amounts payable47/48€240-
Accrued charges and deferred income492/3€0€0=
Income statement Code20232024
Non-recurring operating income76A€1-
Remuneration, social security and pensions62-€150
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29€381▲
Other operating charges640/8€428€365▼
Gross operating margin9900€14,219€19,855▲
Operating profit (loss)9901€13,761€18,959▲
Financial charges65/66B€11€128▲
Recurring financial charges65€6€128▲
Non-recurring financial charges66B€5-
Profit (loss) for the period before taxes9903€13,750€18,831▲
Income taxes67/77€3,894€5,073▲
Profit (loss) for the period9904€9,856€13,758▲
Profit (loss) for the period to be appropriated9905€9,856€13,758▲
Appropriation of the result
Profit (loss) to be appropriated9906€14,489€28,247▲
Profit (loss) brought forward from the previous period14P€4,632€14,489▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Non-recurring operating income76A€432€1--
Remuneration, social security and pensions62--€150-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,083€29€381▲ 1,203%
Other operating charges640/8€193€428€365▼ 14.7%
Gross operating margin9900€8,389€14,219€19,855▲ 39.6%
Operating profit (loss)9901€7,113€13,761€18,959▲ 37.8%
Financial income75/76B€2---
Recurring financial income75€2---
Financial charges65/66B€1,167€11€128▲ 1,016%
Recurring financial charges65€14€6€128▲ 2,001%
Non-recurring financial charges66B€1,153€5--
Profit (loss) for the period before taxes9903€5,949€13,750€18,831▲ 37.0%
Income taxes67/77€1,316€3,894€5,073▲ 30.3%
Profit (loss) for the period9904€4,632€9,856€13,758▲ 39.6%
Profit (loss) for the period to be appropriated9905€4,632€9,856€13,758▲ 39.6%
Line202220232024Change
Assets
Total assets20/58€25,002€28,740€47,900▲ 66.7%
Fixed assets21/28€3,500€1,113€733▼ 34.2%
Tangible fixed assets22/27-€1,113€733▼ 34.2%
Furniture and vehicles24-€1,113€733▼ 34.2%
Financial fixed assets28€3,500---
Current assets29/58€21,502€27,626€47,167▲ 70.7%
Amounts receivable within one year40/41€19,060€9,620€8,940▼ 7.1%
Trade receivables40€19,060€9,620€8,940▼ 7.1%
Cash at bank and in hand54/58€2,442€17,660€37,876▲ 114%
Deferred charges and accrued income490/1-€346€351▲ 1.6%
Equity and liabilities
Total equity and liabilities10/49€25,002€28,740€47,900▲ 66.7%
Equity10/15€9,632€19,489€33,247▲ 70.6%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€4,632€14,489€28,247▲ 95.0%
Amounts payable17/49€15,369€9,251€14,653▲ 58.4%
Amounts payable within one year42/48€15,369€9,251€14,653▲ 58.4%
Trade debts44€7,656€604€401▼ 33.5%
Suppliers440/4€7,656€604€401▼ 33.5%
Taxes, remuneration and social security45€6,543€8,407€14,252▲ 69.5%
Taxes450/3€3,830€8,407€14,252▲ 69.5%
Remuneration and social security454/9€2,712---
Other amounts payable47/48€1,170€240--
Accrued charges and deferred income492/3€0€0€0=
Line202220232024Change
Profit (loss) for the period9904€4,632€9,856€13,758▲ 39.6%
+ Depreciation and write-downs630€1,083€29€381▲ 1,203%
Operating cash flow (approximation)€5,715€9,885€14,139▲ 43.0%
Investment in fixed assets (approximation)-€2,357€0▼ 100%
Change in cash-€15,218€20,215▲ 32.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial Highest result since 2022net €13,758 ▲39.6%
Operating result €18,959, net result €13,758, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Liquidity doublescurrent ratio 2.99
Current ratio from 1.40 to 2.99; short-term debt falls from €15,369 to €9,251.
17-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Jette · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
192 m²
Building footprint
102 m²
Volume, LiDAR
1,229 m³
Parcel 21463D0289/00K007, Brussels · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DAMO
Charles Woestelaan 104, 1090 JetteFinancial service activities, except insurance and pension funding
since 20222.331.429.345
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21463D0289/00K007 Brussels 192 m² 1 · 102 m² 16.0 m · 4 fl.
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.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 9,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Contact
E-mail maxime@happiness-anywhere.com
E-invoicing
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Scores and ratios are computed by Checked and are not a credit decision.