What does DAMOVO BELGIUM do?

DAMOVO BELGIUM is a wholesaler in Zaventem. Public Limited, started on 5 July 2000, 1 establishment.

What is the address of DAMOVO BELGIUM?

The registered office of DAMOVO BELGIUM is located at Lenneke Marelaan 8, 1932 Zaventem.

Is DAMOVO BELGIUM still active?

Yes. According to the CBE (17 September 2026) DAMOVO BELGIUM is active, legal situation “Normale toestand”, started on 5 July 2000.

Is DAMOVO BELGIUM registered on Peppol?

Yes, DAMOVO BELGIUM is registered on the Peppol network with ID 0208:0472283595.

What is the enterprise number of DAMOVO BELGIUM?

The enterprise number of DAMOVO BELGIUM is BE0472283595.

When was DAMOVO BELGIUM founded?

DAMOVO BELGIUM was founded on 5 July 2000.

Who are the directors of DAMOVO BELGIUM?

According to the 2021 annual accounts, the directors of DAMOVO BELGIUM are: Michel MAGONETTE, Paolo DE LUCA, Jeffrey James McFARLANE, Gerardus BORSBOOM.

Is DAMOVO BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 July 2000; 1 annual account filed (fiscal year 2021); 4 directors known from the annual account.

How much profit did DAMOVO BELGIUM make in 2021?

DAMOVO BELGIUM recorded a loss after taxes of € 274,421 in financial year 2021.

What is the revenue of DAMOVO BELGIUM?

In its most recent annual accounts (2021), DAMOVO BELGIUM reported revenue of € 12,292,286.

How much does an employee at DAMOVO BELGIUM earn?

The average wage cost per full-time employee at DAMOVO BELGIUM was € 126,300 in 2021: staff costs of € 5.1 million for 40 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DAMOVO BELGIUM have?

According to the 2021 annual accounts, DAMOVO BELGIUM has 40 full-time equivalents (FTE).

DAMOVO BELGIUM (Public Limited) - Zaventem - BE0472283595

Dossier DAMOVO BELGIUM, printed on 17 September 2026 from databakkes.be/en/0472283595/damovo-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 48 % of short-term debt in 2021; threshold 65 %.
Late annual account NBB

Fiscal year 2021 was filed 251 days after the legal deadline.
Annual account missing NBB

Fiscal year 2022 was expected before 31 August 2022 and has not been filed.
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.

What it is worth Healthy

€ 2.6 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -274,421

Profit after tax over the fiscal year.

Cash in the bank

€ 224,684

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.9 million.

People and assets in 2021

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.8 million in 2021, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 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

Bank debt

€ 933,281

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5.6 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 253 days on average.

Taxes and wages

€ 1.3 million

Taxes, VAT and social contributions still to pay.

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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:

2026 Jeffrey James McFARLANE stepped down as director. NBB
May 9, 2022 New annual accounts for financial year 2021: loss of € 274,421. filed late Source: NBB ↗
2022 Gerardus BORSBOOM stepped down as director. NBB
2020 Michel MAGONETTE stepped down as director. NBB
2020 Paolo DE LUCA stepped down as director. NBB
2020 Jeffrey James McFARLANE became a director. NBB
2019 Gerardus BORSBOOM became a director. NBB
2018 Paolo DE LUCA became a director. NBB

In short

Paid € 13,822 in corporate taxes since 2021.

Original PDFs at the National Bank ↗

A new publication or filing at DAMOVO BELGIUM? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2021 annual accounts

Michel MAGONETTE

Managing director

Also active at: Serco Maritime Services, CLEMACO TRADING

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

Registered office

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.

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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

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet

Telecommunicatie

Draadloze telecommunicatie

View on CBE Public ↗ Annual accounts (NBB) ↗