Damovo Technology Services

Active

Public limited companyfounded 2006active for 20 yearsLenneke Marelaan 8, 1932 Zaventem, BelgiumKBO/BCE: BE 0882.831.147

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Damovo Technology Services is 5.2% (elevated). For Damovo Technology Services, at least two annual filings are missing. The 2024 annual accounts show equity of €8.0m and a net result of -€627,631. Equity has been shrinking by about 4.4% per year since 2021. Its solvency ranks better than 65% of 334 sector peers (NACE 42, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

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Damovo Technology ServicesActive

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Official details

KBO

Status: Active since 02-08-2006 Normal situation
Registered office: 18 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity: Construction of utility projects for electricity and telecommunications NACE 42220and 6 others
Establishment unit: 2.158.727.476 1932 Zaventem, since 01-12-2006
Financial year end: 31 January
Peppol: Reachable

Company details

Board and ownership

Board

INNODISDaily manager · permanent representative Stijn Vander Plaetse
Christopher NickersonDirector

Auditor: GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES

Shareholders

Enterprise Networks Belgium Holding BVBAconsolidatesannual accounts 30-09-2008

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 5.2%

2024 figures too old to score

Annual accounts to 31-01-2024

Turnover: €11.8m; ▲ 11.4%
Loss: €627,631; ▲ 60.8%
Equity: €8.0m; ▼ 7.2%
Total assets: €17.4m; ▲ 19.5%
Staff: 41.5 FTE; ▼ 3.0%

2025 accounts not filed, 427 days past the deadline

Filed on 08-06-2026PDF

Financials

Signalsraises riskFigures for financial year 2024 (filed on 09-06-2026)2 financial years not filed after the legal deadline; last filed accounts filed 646 days late; 3 of the last 3 accounts lateLoss of €627,631, the second in a row (financial year 2024)Two or more financial years not filed2024 accounts filed 646 days latelowers riskFounded in 2006Show the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2024. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Financial strength, FY 2024 · tick: 2023

Weak

Solvency 71-13

equity 46.2% of total assets

Liquidity 42-15

short-term debt 37.4% · cash 7.6%

Profitability 11-2

return on assets -3.6%

Bankruptcy probability within 12 months

5.2% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (301 companies, NACE 42, small)

Last 24 months 11-2024: 4.7% 12-2024: 4.7%● unchanged vs 11-2024 01-2025: 4.7%● unchanged vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 3.3%▼ -1.4 percentage points vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.0%▼ -0.3 percentage points vs 04-2025lowest value 06-2025: 3.0%● unchanged vs 05-2025lowest value 07-2025: 3.0%● unchanged vs 06-2025lowest value 08-2025: 3.0%● unchanged vs 07-2025lowest value 09-2025: 4.3%▲ +1.3 percentage points vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.2%▼ -0.1 percentage points vs 02-2026 04-2026: 4.2%● unchanged vs 03-2026 05-2026: 4.2%● unchanged vs 04-2026 06-2026: 4.2%● unchanged vs 05-2026 07-2026: 4.0%▼ -0.2 percentage points vs 06-2026 08-2026: 4.0%● unchanged vs 07-2026 09-2026: 5.2%▲ +1.2 percentage points vs 08-2026highest value 10-2026: 5.2%● unchanged vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed on 09-06-2026)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 646 days late; 3 of the last 3 accounts late

NBB · filings

Loss of €627,631, the second in a row (financial year 2024)

NBB · annual accounts

Founded in 2006

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-01-2025, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-01-2025 year end31-08-2025 deadline01-11-2026 today

2024 accounts filed 646 days late

The financial year that closed on 31-01-2024 was due by 31-08-2024 and was filed on 08-06-2026, 646 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2026

not filed

2025

not filed

2024

646 days late

2023

523 days late

2022

719 days late

2021

806 days late

2019

788 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 696 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Risk: 3 loss-making years in a rowloss in financial year 2024 -€627,631 View
Caution: Lower net result than 95% of companies in civil engineeringsector median €193,357 · 334 companies -€627,631 View
Caution: Board changedlatest change 27-11-2025 · 1 in office 1 joined · 1 left View
Caution: Result fell in 2024from -€390,266 to -€627,631 ▼ 60.8% View

Comparable companies

These companies have the same main activity as Damovo Technology Services: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €6.9m and €23m, founded between 1995 and 2003.

Company	Total assets	Turnover
Damovo Technology Services Zaventem	€17.4m	€11.8m
CONA Lokeren	€13.5m	€14.5m
GDD INFRA Temse	€10.5m	€14.7m
ASCOM (BELGIUM) Zaventem	€6.9m	€12.2m
ELECTROBUILD Zaventem	€7.7m	€10.3m
Circet Projects Zaventem	€23.0m	€39.2m
TRANZCOM ICT Asse	€13.0m	€14.8m

Full comparison

Documents

Key facts about Damovo Technology Services

What is the company number of Damovo Technology Services?: The company number of Damovo Technology Services is 0882.831.147. The VAT number is the same number with BE in front: BE 0882.831.147.
Where is Damovo Technology Services based?: The registered office is at Lenneke Marelaan 8, 1932 Zaventem.Company details
What does Damovo Technology Services do?: According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of Damovo Technology Services?: The legal form of Damovo Technology Services is Public limited company (NV).
When was Damovo Technology Services founded?: Damovo Technology Services was founded on 02-08-2006.
Is Damovo Technology Services still active?: Yes, Damovo Technology Services is an active enterprise in the KBO register.
How many employees does Damovo Technology Services have?: Damovo Technology Services had an average of 41.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Damovo Technology Services?: The turnover of Damovo Technology Services was €11.8m in financial year 2024, according to the filed annual accounts.
Is Damovo Technology Services profitable?: In financial year 2024, Damovo Technology Services made a loss of €627,631.
Where can I find the annual accounts of Damovo Technology Services?: Damovo Technology Services filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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Overview