DAMELO
ActiveDAMELO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.19M and a net result of €459k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 8091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 0.74 in 2023; short-term debt: 10.1% and cash: 0.9% of total assets), and 11.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 2024Solvency, return and age of the figures
Solvency
88.2%
Return on assets
6.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
51 d late
2022
41 d early
2021
50 d late
2020
38 d early
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6.19M▲ 7.9%
2023 · €5.74M
2018: €2.92M
2019: €3.69M
2020: €4.30M
2021: €4.25M
2022: €5.06M
2023: €5.74M
2018 → 2024
Total assets
€7.03M▲ 5.4%
2023 · €6.67M
2018: €3.38M
2019: €3.93M
2020: €4.76M
2021: €5.54M
2022: €6.98M
2023: €6.67M
2018 → 2024
Net result
€459k▼ 33.1%
2023 · €687k
2018: €734k
2019: €766k
2020: €610k
2021: €690k
2022: €806k
2023: €687k
2018 → 2024
Working capital
€516k
2023 · €-182k
2018: €-243k
2019: €440k
2020: €626k
2021: €-76k
2022: €-764k
2023: €-182k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.30M-€4.25M▼ 1.1%€5.06M▲ 19.0%€5.74M▲ 13.6%€6.19M▲ 7.9%
Operating result€248k-€566k▲ 128%€496k▼ 12.4%€248k▼ 50.1%€221k▼ 10.6%
Net result€610k-€690k▲ 13.2%€806k▲ 16.7%€687k▼ 14.8%€459k▼ 33.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 11% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.03M
Fixed assets
€5.80M▼ 5.6%
Current assets
€1.22M▲ 135%
Equity and liabilities €7.03M
Equity
€6.19M▲ 7.9%
Debt
€831k▼ 9.8%
The debt ratio falls from 13.8% to 11.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€258k▼
2023 · €284k
Cash flow
€496k▼
2023 · €723k
Solvency
88.2%▲
2023 · 86.2%
Current ratio
1.73▲
2023 · 0.74
Quick ratio
1.73▲
2023 · 0.74
Debt / equity
0.13▼
2023 · 0.16
ROE
7.4%▼
2023 · 12.0%
ROA
6.5%▼
2023 · 10.3%
Interest coverage
5.14▲
2023 · 4.59
Debt
€831k▼
2023 · €922k
Debt ≤ 1 year
€709k▲
2023 · €704k
Debt > 1 year
€108k▼
2023 · €208k
Income taxes
€70k▼
2023 · €115k
Staff costs
€15k▲
2023 · €12k
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€6.67M€7.03M▲
Fixed assets21/28€6.14M€5.80M▼
Tangible fixed assets22/27€506k€469k▼
Land and buildings22€445k€428k▼
Furniture and vehicles24€61k€41k▼
Financial fixed assets28€5.64M€5.33M▼
Current assets29/58€522k€1.22M▲
Amounts receivable within one year40/41€56k€186k▲
Trade receivables40€56k€177k▲
Other amounts receivable41€120€10k▲
Current investments50/53€316k€847k▲
Cash at bank and in hand54/58€32k€65k▲
Deferred charges and accrued income490/1€119k€126k▲
Equity and liabilities
Total equity and liabilities10/49€6.67M€7.03M▲
Equity10/15€5.74M€6.19M▲
Contributions10/11€369k€369k=
Reserves13€5.37M€5.83M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5.37M€5.83M▲
Amounts payable17/49€922k€831k▼
Amounts payable after more than one year17€208k€108k▼
Financial debts170/4€208k€108k▼
Amounts payable within one year42/48€704k€709k▲
Current portion of amounts payable after more than one year42€100k€160k▲
Financial debts43€301k€285k▼
Credit institutions430/8€300k€285k▼
Other loans439€1k€431▼
Trade debts44€13k€14k▲
Suppliers440/4€13k€14k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€100k€39k▼
Taxes450/3€95k€39k▼
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€189k€210k▲
Accrued charges and deferred income492/3€9k€14k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€12k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€298k€277k▼
Operating profit (loss)9901€248k€221k▼
Financial income75/76B€616k€358k▼
Recurring financial income75€616k€358k▼
Non-recurring financial income76B€0-
Financial charges65/66B€62k€50k▼
Recurring financial charges65€62k€50k▼
Profit (loss) for the period before taxes9903€802k€530k▼
Income taxes67/77€115k€70k▼
Profit (loss) for the period9904€687k€459k▼
Profit (loss) for the period to be appropriated9905€687k€459k▼
Appropriation of the result
Profit (loss) to be appropriated9906€687k€459k▼
Transfer to equity691/2€687k€459k▼
To other reserves6921€687k€459k▼
Social balance
Average headcount (FTE)90870.40.5▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €459k ▼33.1%
Net result drops to €459k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.73
Current ratio from 0.74 to 1.73.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 51 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €806k ▲16.7%
Net result €806k, the highest in the series.
31-12
Financial
Equity above €5MEq €5.06M ▲19%
5 profitable years in a row build equity to €5.06M.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Liquidity times 6current ratio 2.85
Current ratio from 0.47 to 2.85; short-term debt falls from €458k to €238k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 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, Waregem · 1 establishment unit since 2008
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.
Industrielaan 978790 WaregemGround area
5,232 m²
Building footprint
215 m²
Volume, LiDAR
1,084 m³
Parcel 34453E0285/00E000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industrielaan 97, 8790 Waregem
since 20082.168.779.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453E0285/00E000 | Flanders | 5,232 m² | 1 · 215 m² | 7.7 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 to 2024 · 2 entries · 5,370 EUR awarded · 8,970 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,370 EUR | 5,370 EUR |
| 2023 | 1 | 0 EUR | 3,600 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500RU7J6D10C9DW03
Similar companies · same sector, comparable size
THAUPA
BE 0632.786.131
Peer · Eq €6.19M
HANAREST
BE 0685.764.660
Beringen · Eq €6.20M
LEYTON BENELUX
BE 0811.483.885
Watermaal-Bosvoorde · Eq €6.20M
INVISTRAX
BE 0462.264.188
Aalter · Eq €6.19M
HAIR CLUB
BE 0427.107.628
Antwerpen · Eq €6.18M
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 9,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.