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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Damme Engineering from Izegem, company number BE0691844283, closed financial year 2025 with a result of € 349 after tax. For that financial year Damme Engineering recorded a gross margin of € 59,911 and equity of € 119,909. Compared with financial year 2024, the result moved from € 54,079 to € 349. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 119,909
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 349
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 30,651
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 101,309.
People and assets in 2025
€ 1,428
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 371,669
▼ 5% vs 2024
€ 21,605 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 3,689
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,290
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 77,830 | € 108,735 | € 59,911 | ▼ 45% |
| Profit after taxes | € 41,068 | € 54,079 | € 349 | ▼ 99% |
| Equity | € 145,742 | € 119,560 | € 119,909 | |
| Total debts | € 71,934 | € 576,742 | € 519,136 | ▼ 10% |
| Cash | € 114,064 | € 79,805 | € 30,651 | ▼ 62% |
| Land & buildings | - | € 462,499 | € 452,578 | ▼ 2% |
| Retained profit | € 127,142 | € 100,960 | € 101,309 | |
| Dividend | € 41,068 | € 80,261 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 392,581 | € 371,669 | ▼ 5% |
| Balance sheet total | € 217,677 | € 696,302 | € 639,044 | ▼ 8% |
Key figures of Damme Engineering, fiscal years 2023 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 Damme Engineering?
What happened at Damme Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 349 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- Wouter Damme became a director. NBB
In short
From € 41,068 profit in 2023 to € 349 profit in 2025.
Paid € 18,608 in corporate taxes since 2023.
Best year ever: 2024, with € 54,079 profit.
Paid out € 121,329 in dividends to the owners in total.
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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
Behind Damme Engineering is Wouter Damme.
Directors
According to the 2025 annual accounts
Wouter Damme
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Lodewijk de Raetlaan 44
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.844.283
- VAT number
- BE 0691.844.283
- Registered office
- Lodewijk de Raetlaan 44, 8870 Izegem
- Names & denominations
- Damme Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2018
- Peppol
- Active · Active since 6 Jan 2025
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling van metalen