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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DAMIER from Kortrijk, company number BE0445703716, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year DAMIER recorded revenue of € 10.3 million and equity of € 194.7 million. Compared with financial year 2024, the result moved from € 20.4 million to € 3.1 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 194.7 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
20.8
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 2% vs 2024
€ 53,500 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.
€ 367,622
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.9 million
▲ 267% vs 2024
Loans from banks and other lenders, long and short.
€ 893,960
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 72,912
▼ 44% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,768,284 | € 4,087,231 | € 4,079,517 | € 10,263,885 | ▲ 152% |
| Profit after taxes | € -2,965,349 | € 1,473,231 | € 20,397,561 | € 3,127,881 | ▼ 85% |
| Equity | € 183,189,809 | € 180,963,040 | € 197,660,601 | € 194,688,482 | ▼ 2% |
| Total debts | € 6,974,420 | € 9,112,094 | € 6,330,548 | € 14,280,808 | ▲ 126% |
| Cash | € 25,091,836 | € 5,369,094 | € 8,171,257 | € 1,325,151 | ▼ 84% |
| Land & buildings | € 14,720,032 | € 35,175,400 | € 34,500,989 | € 33,917,510 | ▼ 2% |
| Retained profit | € 183,127,809 | € 180,901,040 | € 197,598,601 | € 194,626,482 | ▼ 2% |
| Dividend | € 3,700,000 | € 3,700,000 | € 3,700,000 | € 6,100,000 | ▲ 65% |
| Bank debt | € 1,874,460 | € 4,874,460 | € 1,874,460 | € 6,886,665 | ▲ 267% |
| Balance sheet total | € 190,164,228 | € 190,075,134 | € 203,991,150 | € 208,969,290 | ▲ 2% |
| Employees (FTE) | 18 | 18.7 | 18.9 | 20.8 | ▲ 1.9 |
Key figures of DAMIER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DAMIER?
What happened at DAMIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.1 million (▼ 85% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 3 million loss in 2022 to € 3.1 million profit in 2025.
Paid € 312,324 in corporate taxes since 2022.
Best year ever: 2024, with € 20.4 million profit.
Paid out € 17.2 million in dividends to the owners in total.
Management
The stake of RELM, HV CAPITAL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DAMIERBehind DAMIER are CASA DAMIER BV, RELM BV, HV CAPITAL MANAGEMENT BV and Yvan Vindevogel. The shares are held by RELM (12.5%) and HV CAPITAL MANAGEMENT (12.5%). It owns 100% of Damier Limited, 78% of Damier Brands, 58.9% of PK Investco, 49% of TOCG, 44.2% of VHC Investco and 23.1% of Care Investco itself.
Directors
According to the 2025 annual accounts
Director · represented by Henri Vindevogel
Also active at: JUST RUSSEL, Vision HC, DAMIER CARE SPV, CARE INVESTCO, TOCG, CU BRANDS, Brands Partners SPV, Damier Brands +3 more
Shareholders
12.5%
12.5%
Participations
Damier Limited
100%
78%
58.9%
49%
44.2%
23.1%
Maradona Blocker III LP
20.8%
20%
Establishments
Establishment units
Physical locations of this company
Grote Markt(Kor) 41
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →VHC INVESTCO same network
€ 1.2 million gross margin · 2024
HV CAPITAL MANAGEMENT same network
€ 80,779 gross margin · 2025
RELM same network
€ 58,584 gross margin · 2025
DAMIER CARE SPV same network
€ -2,689 gross margin · 2025
CARE INVESTCO same network
€ -1,111 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.703.716
- VAT number
- BE 0445.703.716
- Registered office
- Grote Markt(Kor) 41, 8500 Kortrijk
- Names & denominations
- DAMIER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 1991
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
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