Equity
€192,016 ▲ 66.4%
Equity rose in 2025 from €115,396 to €192,016.
DAMO CONSTRUCT
Lifetime
2 annual accounts with figures on one time axispeak €136,905 (2024)
€107,134▼ 21.7%
peak €105,396 (2024)
€76,621▼ 27.3%
peak €192,016 (2025)
€192,016▲ 66.4%
€25,456▼ 8.4%
Board1 name since 2023
1 directorMOEYAERT David André Cornelis
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €136,905 to €107,134Result from €105,396 to €76,621Equity from €115,396 to €192,016Investments €23,785Cash from €123,899 to €172,945
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Investments
€23,785 7.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
8.07 was 5.27 in 2024
Short-term debts fell from €26,973 to €24,255.
Starting capital
€10,000 100 shares
Position in the sector
88.3%
Higher solvency than 90% of companies in real estate. Sector median 28.9% · 17,194 companies.
2025 accounts filed 25 days after the deadline
Checked score
99
Excellent
Financially stronger than 92% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.7%
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -1.0 percentage point vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 8.07, cash €172,945
Sector: Real estate activities (NACE 68)
Equity €192,016 (88.3% of total assets)
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, micro). It does better than 91% of them on solvency, 96% on liquidity, 95% on profitability and 88% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as DAMO CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DAMO CONSTRUCT itself is lower: < 0.1% within 12 months. It rests on far more data about DAMO CONSTRUCT than the profile alone.
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 39,278 companies, not a prediction for DAMO 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 €19,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 8.07 (5.27 in 2024), above the usual 1.5. Short-term debt is 11.2% and cash 79.5% of total assets. 11.7% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filingsDeviation from the deadline
2025
25 days late
2024
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 21 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1004017997
First establishment
Gistelhofstraat 39, Langemark-Poelkapelle
Incorporation
Founding capital of €10,000, 100 shares · Founder: MOEYAERT David André Cornelis · Appointment: MOEYAERT David André Cornelis (director) · published on 02-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAMO CONSTRUCT Langemark-Poelkapelle | €217,472 | €107,134 | 88.3% | - |
| FDS-Consulting Waregem | €228,225 | €109,896 | 71.9% | - |
| SDBouwcoördinatie Torhout | €185,008 | €75,652 | 44.7% | - |
| MACK MANAGEMENT Wielsbeke | €180,894 | €66,741 | 44.8% | - |
| Wise Engineering Jurbise | €223,781 | €126,317 | 80.5% | - |
| Artifix Ghent | €224,729 | €97,319 | 64.5% | - |
| AG²F CONSTRUCT Chièvres | €207,674 | €82,441 | 48.8% | - |
These companies have the same main activity as DAMO CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €181,000 and €228,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 28-12-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 3 others
- Establishment unit
- 2.355.249.7738920 Langemark-Poelkapelle, since 01-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 04-01-2025
Insights on DAMO CONSTRUCT
DAMO CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,016 and a net result of €76,621.
Its solvency ranks better than 91% of 17,194 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 DAMO CONSTRUCT
- What is the company number of DAMO CONSTRUCT?
- The company number of DAMO CONSTRUCT is 1004.017.997. The VAT number is the same number with BE in front: BE 1004.017.997.
- Where is DAMO CONSTRUCT based?
- The registered office is at Gistelhofstraat 39, 8920 Langemark-Poelkapelle.Company details
- What does DAMO CONSTRUCT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DAMO CONSTRUCT?
- DAMO CONSTRUCT is a private limited company (BV).
- When was DAMO CONSTRUCT founded?
- DAMO CONSTRUCT was founded on 28-12-2023.
- Is DAMO CONSTRUCT still active?
- Yes, DAMO CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of DAMO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €107,134 and 49 comparable companies (NACE 681). It probably lies between €140,000 and €360,000.Financials
- Is DAMO CONSTRUCT profitable?
- In financial year 2025, DAMO CONSTRUCT made a profit of €76,621.
- Where can I find the annual accounts of DAMO CONSTRUCT?
- DAMO CONSTRUCT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DAMO CONSTRUCT due?
- DAMO CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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