DEVELOPMENT AND MANAGEMENT ASSOCIATION
ActiveDEVELOPMENT AND MANAGEMENT ASSOCIATION has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €478k and a net result of €-62k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 109 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability5▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
short-term debt: 0.4% and cash: 46.8% of total assets, and 0.4% 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 71
Relative position
BE, all sectors
reference
Sector 71
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 2026Solvency, return and age of the figures
Solvency
99.6%
Return on assets
-13%
Age of the figures
3 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-62k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 10-09-2026, 143 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
143 d early
2025
74 d early
2024
39 d early
2023
44 d early
2022
44 d early
2021
32 d early
2020
40 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k▼ 14.6%
2025 · €-54k
2019: €23k
2020: €17k
2021: €82k
2022: €65k
2023: €98k
2024: €63k
2025: €-54k
2019 → 2026
Working capital
€225k▲ 0.5%
2025 · €224k
2019: €-22k
2020: €-4k
2021: €-12k
2022: €74k
2023: €190k
2024: €258k
2025: €224k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€434k-€532k▲ 22.6%€595k▲ 11.8%€540k▼ 9.1%€478k▼ 11.5%
Operating result€108k-€153k▲ 41.4%€101k▼ 34.0%€-52k€-22k▲ 58.0%
Net result€65k-€98k▲ 51.3%€63k▼ 35.9%€-54k€-62k▼ 14.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2026 against €52k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €480k
Fixed assets
€253k▼ 20.6%
Current assets
€227k▲ 0.5%
Equity and liabilities €480k
Equity
€478k▼ 11.5%
Debt
€2k▼ 53.9%
The debt ratio falls from 0.7% to 0.4%. Equity and debt are lower.
Key figures and ratios
Solvency
99.6%▲
2025 · 99.3%
Debt / equity
0.00▼
2025 · 0.01
ROE
-13.1%▼
2025 · -10.1%
ROA
-13.0%▼
2025 · -10.0%
Debt
€2k▼
2025 · €4k
Debt ≤ 1 year
€2k▼
2025 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €480k, equity €478k).
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€544k€480k▼
Fixed assets21/28€318k€253k▼
Tangible fixed assets22/27€27k-
Plant, machinery and equipment23€7k-
Furniture and vehicles24€20k-
Financial fixed assets28€291k€253k▼
Current assets29/58€226k€227k▲
Amounts receivable within one year40/41€23k€3k▼
Trade receivables40€15k-
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€200k€224k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€544k€480k▼
Equity10/15€540k€478k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€520k€458k▼
Distributable reserves133€520k€458k▼
Amounts payable17/49€4k€2k▼
Amounts payable within one year42/48€2k€2k▼
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Accrued charges and deferred income492/3€2k-
Income statement
Code20252026
Non-recurring operating income76A€1k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k-
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€10k
Gross operating margin9900€-25k€-9k▲
Operating profit (loss)9901€-52k€-22k▲
Financial income75/76B€8-
Recurring financial income75€8-
Financial charges65/66B€2k€40k▲
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B-€39k
Profit (loss) for the period before taxes9903€-54k€-62k▼
Profit (loss) for the period9904€-54k€-62k▼
Profit (loss) for the period to be appropriated9905€-54k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-62k▼
Transfer from equity791/2€54k€62k▲
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 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
30-06
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series.
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity times 27current ratio 119.79
Current ratio from 4.41 to 119.79; short-term debt falls from €76k to €2k.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Liquidity triplescurrent ratio 4.41
Current ratio from 1.43 to 4.41; short-term debt falls from €447k to €76k.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €98k ▲51.3%
Operating result €153k, net result €98k, both a record.
30-06
Financial
Equity above €500kEq €532k ▲22.6%
5 profitable years in a row build equity to €532k.
2022
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Frasnes-lez-Anvaing · 1 establishment unit since 2010
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.
Chaussée de Renaix(D) 1627912 Frasnes-lez-AnvaingGround area
4,917 m²
Building footprint
276 m²
Parcel 51053A0039/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DAMA
since 20102.189.846.462
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51053A0039/00H000 | Wallonia | 4,917 m² | 1 · 276 m² | - |
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.
Similar companies · same sector, comparable size
ZOINK
BE 0885.348.197
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MEET N GREET
BE 0870.415.840
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Froyen & Zeitler
BE 0450.653.882
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OSTYN INTERIEUR
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Mouscron · Eq €471k
Of 3,918 companies in sector 71112 we hold annual accounts for 1,295. 710 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-1990
Fiscal year end30-06
Abbreviation NL
DAMA
Activities, NACEBEL
71112Activities of interior architects
74872
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.