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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DAMAGRO from Assenede, company number BE1008081507, closed financial year 2026 with a result of € -591,522 after tax. For that financial year DAMAGRO recorded a gross margin of € -137,684 and equity of € -808,535. Compared with financial year 2025, the result moved from € -417,013 to € -591,522. 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 October 12, 2026.
€ -808,535
▼ € 591,522 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -591,522
▼ 42 % more loss than in 2025
Profit after tax over the fiscal year.
€ 38,440
▼ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2026
€ 322,706
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 2026
€ 334,682
▼ 9% vs 2025
€ 64,449 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 344,873
▲ 45% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 47,093
Taxes, VAT and social contributions still to pay.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € -412,266 | € -137,684 | ▲ € 274,582 |
| Profit after taxes | € -417,013 | € -591,522 | ▼ € 174,509 |
| Equity | € -217,013 | € -808,535 | ▼ € 591,522 |
| Total debts | € 952,482 | € 1,405,345 | ▲ 48% |
| Cash | € 49,259 | € 38,440 | ▼ 22% |
| Retained profit | € -417,013 | € -1,008,535 | ▼ € 591,522 |
| Bank debt | € 367,500 | € 334,682 | ▼ 9% |
| Balance sheet total | € 735,469 | € 596,809 | ▼ 19% |
Key figures of DAMAGRO, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DAMAGRO?
What happened at DAMAGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sincfal BV stepped down as director. NBB
- Protein Works BV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 591,522. Source: NBB ↗
- Sincfal BV became a director. NBB
- Protein Works BV became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 417,013 loss in 2025 to € 591,522 loss in 2026.
Paid € 313 in corporate taxes since 2025.
Management
The stake of SINCFAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DAMAGROThe shares are held by SINCFAL (15%).
Directors
According to the 2026 annual accounts
Managing director · represented by Vaast Vanoverschelde
Also active at: Idesco, STAM AGRO, Empro Europe
since 2026 · until 2031
since 2026 · until 2031
Shareholders
15%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Valkendijk 4
9960 Assenede
Vosmeer (STG) 22
9200 Dendermonde
Active since 5 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 1008.081.507
- VAT number
- BE 1008.081.507
- Registered office
- Valkendijk 4, 9960 Assenede
- Names & denominations
- DAMAGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2024
- Peppol
- Active · Active since 8 Apr 2024
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