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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DAM 71 from Hasselt, company number BE0643904806, closed financial year 2025 with a result of € -30,942 after tax. Compared with financial year 2024, the result moved from € -51,385 to € -30,942. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ -751,438
▼ € 30,942 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,942
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,770
▲ € 5,306 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -759,498.
Debts at end 2025
€ 2.8 million
▲ 5% vs 2024
€ 117,919 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 27
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -154,318 | € -162,402 | € -51,385 | € -30,942 | ▲ € 20,443 |
| Equity | € -506,707 | € -669,110 | € -720,495 | € -751,438 | ▼ € 30,942 |
| Total debts | € 2,417,584 | € 2,561,519 | € 2,701,837 | € 2,829,085 | ▲ 5% |
| Cash | € 926 | € 19,832 | € 1,464 | € 6,770 | ▲ € 5,306 |
| Land & buildings | € 1,838,853 | - | - | - | |
| Retained profit | € -512,907 | € -677,170 | € -728,555 | € -759,498 | ▼ € 30,942 |
| Bank debt | € 2,411,805 | € 2,561,519 | € 2,701,837 | € 2,829,058 | ▲ 5% |
| Balance sheet total | € 1,910,877 | € 1,892,409 | € 1,981,342 | € 2,077,647 | ▲ 5% |
Key figures of DAM 71, 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 DAM 71?
What happened at DAM 71 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PVMA BV stepped down as director. NBB
- Ciril NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 30,942. Source: NBB ↗
- PVMA BV became a director. NBB
- Ciril NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 154,318 loss in 2022 to € 30,942 loss in 2025.
Pays suppliers within 1 days on average.
Management
The stake of CIRIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DAM 71The shares are held by CIRIL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Vanhout
Also active at: Craeyenhof, CIRIL, DOK DEVELOPMENT, S3H, DEMCOR, DEMOCO GROUP, BONNEFANT, Trias BEL Souverain - T +10 more
since 2021 · until 2027
Director · represented by Thibaud Demot
Also active at: Craeyenhof, DOK DEVELOPMENT, S3H, BONNEFANT, Trias BEL Souverain - T, Herkenrode Development, Craeyenhof Properties, Leopoldskazerne +12 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 4B
3500 Hasselt
Dam(Kor) 69-71
8500 Kortrijk
Active since 7 December 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
All companies at this address →Craeyenhof same network
HERK&RED
€ 1.7 million revenue · 2025
CIRIL same network
€ 22 million revenue · 2025
DEMOCO
€ 188.3 million revenue · 2025
DOK DEVELOPMENT same network
€ 687,000 revenue · 2025
+40 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
- 0643.904.806
- VAT number
- BE 0643.904.806
- Registered office
- Herkenrodesingel 4B, 3500 Hasselt
- Names & denominations
- DAM 71
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2015
- Peppol
- Active · Active since 8 Jul 2025