DAMORIN
ActiveDAMORIN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €640k and a net result of €70k. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 15.29 against 8.74 in 2024; short-term debt: 6.3% and cash: 34.9% of total assets), and 6.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
93.7%
Return on assets
10.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
63 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
56 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€640k▲ 12.3%
2024 · €570k
2018: €79k
2019: €273k
2020: €1k
2021: €116k
2022: €257k
2023: €432k
2024: €570k
2018 → 2025
Total assets
€683k▲ 5.4%
2024 · €648k
2018: €99k
2019: €287k
2020: €254k
2021: €157k
2022: €350k
2023: €603k
2024: €648k
2018 → 2025
Net result
€70k▼ 49.5%
2024 · €138k
2018: €45k
2019: €194k
2020: €119k
2021: €115k
2022: €142k
2023: €174k
2024: €138k
2018 → 2025
Working capital
€614k▲ 11.6%
2024 · €550k
2018: €76k
2019: €266k
2020: €-11k
2021: €103k
2022: €216k
2023: €398k
2024: €550k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€257k▲ 122%€432k▲ 67.8%€570k▲ 32.0%€640k▲ 12.3%
Operating result€145k-€202k▲ 38.7%€253k▲ 25.6%€207k▼ 18.5%€87k▼ 58.1%
Net result€115k-€142k▲ 23.6%€174k▲ 23.2%€138k▼ 20.8%€70k▼ 49.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€26k▼ 4.2%
Current assets
€657k▲ 5.8%
Equity and liabilities €683k
Equity
€640k▲ 12.3%
Debt
€43k▼ 44.9%
The debt ratio falls from 12.0% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2024 · €217k
Cash flow
€78k▼
2024 · €148k
Solvency
93.7%▲
2024 · 88.0%
Current ratio
15.29▲
2024 · 8.74
Quick ratio
15.29▲
2024 · 8.74
Debt / equity
0.07▼
2024 · 0.14
ROE
10.9%▼
2024 · 24.2%
ROA
10.2%▼
2024 · 21.3%
Interest coverage
383.83▼
2024 · 2400.48
Debt
€43k▼
2024 · €78k
Debt ≤ 1 year
€43k▼
2024 · €71k
Income taxes
€34k▼
2024 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€648k€683k▲
Fixed assets21/28€27k€26k▼
Tangible fixed assets22/27€27k€26k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€667€384▼
Furniture and vehicles24€4k€1k▼
Other tangible fixed assets26€20k€22k▲
Financial fixed assets28€100€100=
Current assets29/58€621k€657k▲
Amounts receivable after more than one year29€205k€205k=
Other amounts receivable291€205k€205k=
Amounts receivable within one year40/41€86k€193k▲
Trade receivables40€53k€29k▼
Other amounts receivable41€33k€164k▲
Current investments50/53€307k€0▼
Cash at bank and in hand54/58€10k€239k▲
Deferred charges and accrued income490/1€13k€20k▲
Equity and liabilities
Total equity and liabilities10/49€648k€683k▲
Equity10/15€570k€640k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€508k€578k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€502k€572k▲
Amounts payable17/49€78k€43k▼
Amounts payable within one year42/48€71k€43k▼
Trade debts44€41k€24k▼
Suppliers440/4€41k€24k▼
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€17k€19k▲
Other amounts payable47/48€13k€0▼
Accrued charges and deferred income492/3€7k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€385€61k▲
Gross operating margin9900€217k€155k▼
Operating profit (loss)9901€207k€87k▼
Financial income75/76B€7k€18k▲
Recurring financial income75€7k€18k▲
Financial charges65/66B€90€246▲
Recurring financial charges65€90€246▲
Profit (loss) for the period before taxes9903€214k€104k▼
Income taxes67/77€76k€34k▼
Profit (loss) for the period9904€138k€70k▼
Profit (loss) for the period to be appropriated9905€138k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€138k€70k▼
Transfer to equity691/2€138k€70k▼
To the legal reserve6920€0-
To other reserves6921€138k€70k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.74
Current ratio from 3.35 to 8.74; short-term debt falls from €170k to €71k.
31-12
Financial
Equity above €500kEq €570k ▲32%
7 profitable years in a row build equity to €570k.
09-12
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €200kEq €257k ▲122%
5 profitable years in a row build equity to €257k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 3.49
Current ratio from 0.96 to 3.49; short-term debt falls from €253k to €41k.
31-12
Financial
Equity above €100kEq €116k ▲10506%
4 profitable years in a row build equity to €116k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
22-02
State Gazette act
Board meeting · Merger
Capital · Corporate purpose
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €194k ▲328%
Net result €194k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 19.04
Current ratio from 4.78 to 19.04; short-term debt falls from €20k to €15k.
31-12
Financial
Equity above €200kEq €273k ▲245%
2 profitable years in a row build equity to €273k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
28-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Brussel · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 5001050 BrusselGround area
2,291 m²
Building footprint
1,430 m²
Volume, LiDAR
19,028 m³
2 parcels, Brussels, Flanders · tallest building 32.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Damorin
since 19892.044.166.221
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 fl. |
| 23062N0033/02Y002 | Flanders | 1,073 m² | 1 · 209 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyDAMORINBE 0437.807.520
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 32,458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-07-1989
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46432Wholesale trade
51473
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.