Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRMA VAN DAMME from Waregem, company number BE0423392924, closed financial year 2025 with a result of € 5.7 million after tax. For that financial year FIRMA VAN DAMME recorded a gross margin of € 8.8 million and equity of € 24.7 million. Compared with financial year 2024, the result moved from € 6.5 million to € 5.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 24.7 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.7 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 908,833
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
44 % of the profit went to the shareholders, mostly to PIVAN (100 % of the shares). That is where the money ends up.
People and assets in 2025
18.6
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 19% vs 2024
€ 84,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 958,638
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.5 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 360,435
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,126,644 | € 6,817,437 | € 8,581,776 | € 8,776,192 | ▲ 2% |
| Profit after taxes | € 6,923,687 | € 5,022,236 | € 6,488,878 | € 5,673,398 | ▼ 13% |
| Equity | € 19,026,524 | € 19,048,761 | € 21,537,639 | € 24,711,036 | ▲ 15% |
| Total debts | € 4,362,325 | € 5,197,324 | € 10,395,248 | € 8,859,941 | ▼ 15% |
| Cash | € 8,914,097 | € 1,980,087 | € 764,361 | € 908,833 | ▲ 19% |
| Land & buildings | € 1,887,986 | € 2,025,530 | € 2,062,401 | € 2,034,037 | ▼ 1% |
| Retained profit | € 18,964,524 | € 18,986,761 | € 21,475,639 | € 24,649,036 | ▲ 15% |
| Dividend | € 2,500,000 | € 5,000,000 | € 4,000,000 | € 2,500,000 | ▼ 37% |
| Balance sheet total | € 23,388,850 | € 24,246,085 | € 31,932,887 | € 33,570,978 | ▲ 5% |
| Employees (FTE) | 12.9 | 13.7 | 16.9 | 18.6 | ▲ 1.7 |
Key figures of FIRMA VAN DAMME, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FIRMA VAN DAMME?
What happened at FIRMA VAN DAMME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NEW PIVAN NV stepped down as director. NBB
- Karel Van Damme stepped down as director. NBB
- Els Blomme stepped down as director. NBB
- Pivan BV stepped down as director. NBB
- Arickx COMMV stepped down as director. NBB
- Arne Van Damme stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.7 million (▼ 13% vs 2024). Source: NBB ↗
- NEW PIVAN NV became a director. NBB
In short
From € 6.9 million profit in 2022 to € 5.7 million profit in 2025.
Paid € 3.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 6.9 million profit.
On average € 471,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PIVAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FIRMA VAN DAMMEThe shares are held by PIVAN (100%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Van Damme Pieter
Also active at: Kränzle Belgium, PIVAN
since 2025 · until 2031
Karel Van Damme
Director
since 2025 · until 2031
Els Blomme
Director
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Arickx David
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maalbeekstraat 4
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
vandamme.eu
Registrar
Combell NV
Website info
Features
Security
Network
Details
- Company number
- 0423.392.924
- VAT number
- BE 0423.392.924
- Registered office
- Maalbeekstraat 4, 8790 Waregem
- Names & denominations
- FIRMA VAN DAMME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1983
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- vandamme.eu [email protected] 056/60.30.61
- Activities · NACE
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Installatie van industriële machines, toestellen en werktuigen
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Reparatie en onderhoud van machines
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Overige zakelijke dienstverlening, neg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)