Warning lights
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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2021; threshold 65 %.
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Late annual account NBB
Fiscal year 2021 was filed 251 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2022 was expected before 31 August 2022 and has not been filed.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2021
DAMOVO BELGIUM from Zaventem, company number BE0472283595, closed financial year 2021 with a result of € -274,421 after tax. For that financial year DAMOVO BELGIUM recorded revenue of € 12.3 million and equity of € 2.6 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 9, 2022.
€ 2.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -274,421
Profit after tax over the fiscal year.
€ 224,684
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2021
40
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
€ 126,300 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.
Debts at end 2021
€ 933,281
Loans from banks and other lenders, long and short.
€ 5.6 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 253 days on average.
€ 1.3 million
Taxes, VAT and social contributions still to pay.
What happened to DAMOVO BELGIUM?
What happened at DAMOVO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jeffrey James McFARLANE stepped down as director. NBB
- New annual accounts for financial year 2021: loss of € 274,421. filed late Source: NBB ↗
- Gerardus BORSBOOM stepped down as director. NBB
- Michel MAGONETTE stepped down as director. NBB
- Paolo DE LUCA stepped down as director. NBB
- Jeffrey James McFARLANE became a director. NBB
- Gerardus BORSBOOM became a director. NBB
- Paolo DE LUCA became a director. NBB
In short
Paid € 13,822 in corporate taxes since 2021.
Management
Directors
According to the 2021 annual accounts
since 2017 · until 2020
Paolo DE LUCA
Director
since 2018 · until 2020
Jeffrey James McFARLANE
Director
since 2020 · until 2026
Gerardus BORSBOOM
Managing director
since 2019 · until 2022
Establishments
Establishment units
Physical locations of this company
Lenneke Marelaan 8
1932 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →GRUNENTHAL
€ 39.3 million revenue · 2025
Belgian Recorded Music Association
SIMIM Société de l'Industrie Musicale - Muziekindustrie Maatschappij
IMAGIA
ALMA COURT INVEST
+10 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
- 0472.283.595
- VAT number
- BE 0472.283.595
- Registered office
- Lenneke Marelaan 8, 1932 Zaventem
- Names & denominations
- DAMOVO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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