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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DAMODE-MG from Ledegem, company number BE0783794939, closed financial year 2025 with a result of € -258,739 after tax. For that financial year DAMODE-MG recorded a gross margin of € -219,056 and equity of € 6.7 million. Compared with financial year 2024, the result moved from € -302,745 to € -258,739. The company made a loss. 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 June 12, 2026.
€ 6.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -258,739
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 59,570
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
People and assets in 2025
€ 6,406
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,383
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -353,860 | € -289,655 | € -262,140 | € -219,056 | ▲ € 43,084 |
| Profit after taxes | € 11,102,688 | € -343,918 | € -302,745 | € -258,739 | ▲ € 44,006 |
| Equity | € 7,634,928 | € 7,291,010 | € 6,988,265 | € 6,729,526 | ▼ 4% |
| Total debts | € 21,689 | € 25,416 | € 26,945 | € 8,883 | ▼ 67% |
| Cash | € 3,978,665 | € 66,461 | € 98,199 | € 59,570 | ▼ 39% |
| Land & buildings | € 815,150 | € 763,341 | € 718,845 | € 665,556 | ▼ 7% |
| Retained profit | € 4,254,928 | € 3,911,010 | € 3,608,265 | € 3,349,526 | ▼ 7% |
| Balance sheet total | € 7,656,617 | € 7,316,426 | € 7,015,210 | € 6,738,409 | ▼ 4% |
Key figures of DAMODE-MG, 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 DAMODE-MG?
What happened at DAMODE-MG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 258,739. Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11.1 million profit in 2022 to € 258,739 loss in 2025.
Paid € 5,198 in corporate taxes since 2022.
Best year ever: 2022, with € 11.1 million profit.
Management
Behind DAMODE-MG is Geert Vanhalst. It owns 50% of Parkside Promotion, 50% of GNVH, 25% of Immo 301 Promotion, 24.8% of Godzilla Invest and 20% of VAIOT itself.
Directors
According to the 2025 annual accounts
Geert Vanhalst
Director
Also active at: SAN MARINO, S.B. RESTAURANT, SUPRA - CENTER, DEBRINVEST, PRAXIS GROUP, DE VLASGAARD, GEBALO, GERISART +11 more
Establishments
Establishment units
Physical locations of this company
Steenbeekpad 6
8880 Ledegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.794.939
- VAT number
- BE 0783.794.939
- Registered office
- Steenbeekpad 6, 8880 Ledegem
- Names & denominations
- DAMODE-MG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2022
- Peppol
- Not registered