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DAMAGRO

Active
Valkendijk 4 ·9960 Assenede, Belgium
KBO/BCE: BE 1008.081.507
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Age2 yrs
Board2
Real estate2 parcels · 1.4 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DAMAGRO is 2.2% (moderate). The 2025 annual accounts show negative equity (€-217k) and a net result of €-417k. Its solvency ranks better than 13% of 856 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.2% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-03. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-03-2025 31-10-2025 27-10-2025 4 d early 2025-00551504

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-417k
Working capital€-391k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 27-10-2025 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -29.5% 35.5%
better than 13% of 856 sector peers
Net result €-417k €10k
better than 5% of 855 sector peers
Equity €-217k €40k
better than 5% of 857 sector peers
Gross operating margin €-412k €31k
better than 5% of 854 sector peers
Total assets €735k €132k
better than 91% of 856 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Depositmicro
Revenue-
EBITDA€-413k
Net profit€-417k
Cash flow€-417k
Staff costs-
Income taxes-
Dividends-
Total assets€735k
Equity€-217k
Debt€952k
of which ≤ 1y€618k
of which > 1y€335k
Working capital€-391k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.37
Quick ratio0.37
Working capital ratio-53.1%
Solvency-29.5%
Debt / equity-4.39
Long-term debt ratio-1.54
Interest coverage-105.75
Gross margin-
Net margin-
ROA-56.7%
ROE192.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€735k
Fixed assets 21/28€509k
Intangible fixed assets 21€509k
Current assets 29/58€227k
Amounts receivable within one year 40/41€171k
Cash & bank 54/58€49k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€735k
Equity 10/15€-217k
Contributions / capital 10/11€200k
Accumulated profits (losses) 14€-417k
Amounts payable 17/49€952k
Amounts payable after one year 17€335k
Amounts payable within one year 42/48€618k
Trade debts payable within one year 44€238k
Income statement
Gross operating margin 9900€-412k
Operating result 9901€-413k
Financial charges 65€4k
Result before taxes 9903€-417k
Net result for the period 9904€-417k
Result to be appropriated 9905€-417k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
10 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

4 directors
Current directors & mandates
  • PROTEIN WORKS BVLegal entity
    Niet statutaire bestuurder
    State Gazette act 26054845 (05-05-2026)
    Current
    05-05-2026 → present
    2 events
    • 05-05-2026 Appointed· Niet statutaire bestuurder
    • 05-05-2026 Appointed· Managing director
  • SINCFAL BVLegal entity
    Niet statutaire bestuurder
    State Gazette act 26054845 (05-05-2026)
    Current
    05-05-2026 → present
    2 events
    • 05-05-2026 Appointed· Niet statutaire bestuurder
    • 05-05-2026 Appointed· Managing director
Former directors (2)
  • Axelle VANDAELE
    Niet statutaire bestuurder
    State Gazette act 26054845 (05-05-2026)
    Former
    - → 05-05-2026
  • Philip EECKMAN
    Niet statutaire bestuurder
    State Gazette act 26054845 (05-05-2026)
    Former
    - → 05-05-2026
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Groothandel in kunstmeststoffen en andere agrochemische producten(46852)
Legal form Public limited company(014)
Incorporation05-04-2024
StatusActive
Postal code9960

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
DAMAGRO
Vosmeer (STG) 22, 9200 DendermondeGroothandel in akkerbouwproducten en veevoeders, algemeen assortiment
since 20242.359.221.825
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.4 ha
Buildings2
Building footprint3,362 m²
Volume (LiDAR)14,100 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42021A0664/00B002 Flanders 1.3 ha 1 · 3,262 m² 9.2 m · 2 fl.
43002B0360/00F000 Flanders 747 m² 1 · 100 m² 5.8 m · 1 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 3 months ago
2026
05-05-2026 4 directors appointed, 2 resigning Director changes
  • SINCFAL BV, Niet statutaire bestuurder
  • PROTEIN WORKS BV, Niet statutaire bestuurder
  • SINCFAL BV, Gedelegeerd bestuurder
  • PROTEIN WORKS BV, Gedelegeerd bestuurder
  • Axelle VANDAELE, Niet statutaire bestuurder
  • Philip EECKMAN, Niet statutaire bestuurder
Summary: v3.2
2024
09-04-2024 Publication in the Belgian Official Gazette, Minor change Minor change·Alexandra Ghekiere
Summary: otherNotary: Alexandra Ghekiere · Dentergem

Analysis

Snowflake analysis

financial profile on 5 axes
Health10Profitability100Solvency33Growth-Stability67
52 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 10
Profitability 100
Solvency 33
Growth -
Stability 67

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 20 of the 163 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment46216Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment46216Groothandel in kunstmeststoffen en andere agrochemische producten46752Groothandel in kunstmeststoffen en andere agrochemische producten46852Handelsbemiddeling in landbouwproducten, levende dieren en textielgrondstoffen en halffabrikaten46110Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten46110Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment46216Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment46216Detailhandel in bloemen, planten, zaden en kunstmeststoffen in gespecialiseerde winkels47761Detailhandel in bloemen, planten, zaden en kunstmeststoffen47761
Primary activity highlighted.
Names & trade names
Legal nameNL DAMAGRO
Registered office
Valkendijk 4
9960 Assenede, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.