DAMOTECHNIC
ActiveDAMOTECHNIC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €18k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 57% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80=
Solvency78▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 3.38 in 2023; short-term debt: 11.6% and cash: 31.7% of total assets), and 47% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
21 d late
2022
22 d late
2021
12 d early
2020
16 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 15.2%
2023 · €92k
2018: €19k
2019: €27k
2020: €54k
2021: €66k
2022: €78k
2023: €92k
2018 → 2024
Total assets
€199k▲ 25.0%
2023 · €159k
2018: €63k
2019: €69k
2020: €104k
2021: €172k
2022: €150k
2023: €159k
2018 → 2024
Net result
€18k▲ 27.5%
2023 · €14k
2018: €12k
2019: €9k
2020: €27k
2021: €12k
2022: €12k
2023: €14k
2018 → 2024
Working capital
€50k▲ 1.3%
2023 · €49k
2018: €21k
2019: €30k
2020: €52k
2021: €26k
2022: €37k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€66k▲ 21.8%€78k▲ 17.7%€92k▲ 17.8%€106k▲ 15.2%
Operating result€40k-€15k▼ 63.1%€17k▲ 18.4%€23k▲ 34.4%€31k▲ 33.2%
Net result€27k-€12k▼ 56.3%€12k▼ 1.3%€14k▲ 18.3%€18k▲ 27.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €199k
Fixed assets
€126k▲ 41.5%
Current assets
€73k▲ 4.3%
Equity and liabilities €199k
Equity
€106k▲ 15.2%
Debt
€94k▲ 38.4%
The debt ratio rises from 42.5% to 47.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▲
2023 · €32k
Cash flow
€35k▲
2023 · €22k
Solvency
53.0%▼
2023 · 57.5%
Current ratio
3.16▼
2023 · 3.38
Quick ratio
3.16▼
2023 · 3.38
Debt / equity
0.89▲
2023 · 0.74
ROE
16.7%▲
2023 · 15.1%
ROA
8.9%▲
2023 · 8.7%
Interest coverage
27.46▼
2023 · 31.45
Debt
€94k▲
2023 · €68k
Debt ≤ 1 year
€23k▲
2023 · €21k
Debt > 1 year
€68k▲
2023 · €45k
Income taxes
€12k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€159k€199k▲
Fixed assets21/28€89k€126k▲
Tangible fixed assets22/27€89k€126k▲
Land and buildings22€81k€76k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€48k▲
Financial fixed assets28€0-
Current assets29/58€70k€73k▲
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€8k€4k▼
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€59k€63k▲
Equity and liabilities
Total equity and liabilities10/49€159k€199k▲
Equity10/15€92k€106k▲
Contributions10/11€6k€6k=
Reserves13€85k€99k▲
Distributable reserves133€85k€99k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€68k€94k▲
Amounts payable after more than one year17€45k€68k▲
Financial debts170/4€45k€68k▲
Amounts payable within one year42/48€21k€23k▲
Current portion of amounts payable after more than one year42€4k€10k▲
Trade debts44€3k€921▼
Suppliers440/4€3k€921▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€12k€7k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€17k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€33k€50k▲
Operating profit (loss)9901€23k€31k▲
Financial income75/76B€103€3▼
Recurring financial income75€103€3▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€22k€29k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€14k€18k▲
Profit (loss) for the period to be appropriated9905€14k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€18k▲
Transfer from equity791/2-€12k
Transfer to equity691/2€14k€18k▲
To other reserves6921€14k€18k▲
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Equity above €100kEq €106k ▲15.2%
7 profitable years in a row build equity to €106k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Highest result since 2018net €27k ▲216%
Operating result €40k, net result €27k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼30.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ichtegem · 1 establishment unit since 2017
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.
Bruggestraat(EER) 1918480 IchtegemGround area
941 m²
Building footprint
109 m²
Volume, LiDAR
645 m³
Parcel 35003A0544/00W000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bruggestraat(EER) 191, 8480 Ichtegem
since 20172.270.410.308
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35003A0544/00W000 | Flanders | 941 m² | 1 · 109 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 86 EUR awarded · 86 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 86 EUR | 86 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 3,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2017
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.
Contact details
2 entriesE-mail:davy.van.ryckeghem1@telenet.be
Phone:+32(477)176703