ACTIVE

Damovo Technology Services

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Financial year 2015 · Closed on 30/09/2015

Net result-2,4 M €-142 635,4 %over 1 year
Revenue29 M €-11,0 %over 1 year
Equity11,2 M €-17,9 %over 1 year
Workforce128,5 ETP-7,4 %over 1 year

Identity

Source · BCE/KBO

Damovo Technology Services is a Public limited company incorporated in 2006. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Zaventem. It employs on average 128,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0882.831.147
Incorporation
02/08/2006
Legal form
Public limited company
Registered office
Lenneke Marelaan 8
1932 Zaventem · FlandreSee on map
Latest accounts
30/09/2015
Average workforce
128,5 ETP
Joint committees (2)
  • 111
  • 209
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 5 financial years

20152014201320082007
Income statement
Revenue29 M €32,6 M €32 M €120,7 M €144,2 M €
EBITDA-2 M €-579,8 k €1,6 M €-17,9 M €9,6 M €
Operating result-2,1 M €174,6 k €112,5 k €-22,2 M €5,6 M €
Net result-2,4 M €1,7 k €13,4 k €-6,7 M €3,7 M €
Balance sheet
Equity11,2 M €13,6 M €13,6 M €12,1 M €18,8 M €
Total assets27,6 M €29,9 M €33,1 M €100 M €106,3 M €
Cash1,9 M €4,3 M €4,5 M €35,8 M €1,3 M €
Debts9,3 M €10,4 M €9,1 M €46,7 M €51,4 M €
Other
Workforce128,5 ETP138,7 ETP160,7 ETP495,4 ETP556,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2015

4 active · 18 ended

Active mandates

Thomas Veit

Director · since 01 avril 2015 · until 22 février 2017

Active
Danny VandeVyver

Director · since 06 mars 2014 · until 22 février 2017

Active
Trevor Connell

Director · since 01 août 2013 · until 22 février 2017

Active
Luc De Groot

Director · since 01 septembre 2010 · until 31 décembre 2015

Active

Ended mandates

Trevor Connell

Director · since 01 août 2013 · until 26 février 2014

Ended
Arnaud Spirlet

Director · since 16 avril 2012 · until 26 février 2014

Ended
Arnaud Spirlet

Director · since 16 avril 2012 · until 06 mars 2014

Ended
Luc De Groot

Director · since 01 septembre 2010 · until 26 février 2014

Ended

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Lenneke Marelaan 8 1932 Zaventem
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Full financial information

Source · NBB
202420232022202120192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/02/202301/02/202201/02/202101/01/202001/01/201901/01/2018
Closing of the financial year31/01/202431/01/202331/01/202231/01/202131/12/201931/12/2018
Length of the financial year12 months12 months12 months13 months12 months12 months
Filing date08/06/202604/02/202519/08/202415/11/202324/10/202315/01/2020
General meeting27/04/202631/01/202509/08/202413/11/202310/05/202203/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/01/202427/04/202608/06/2026DutchPDF
Full model31/01/202331/01/202504/02/2025DutchPDF
Full model31/01/202209/08/202419/08/2024DutchPDF
Full model31/01/202113/11/202315/11/2023DutchPDF
Full modelCorrection31/12/201910/05/202224/10/2023DutchPDF
Full model31/12/201910/05/202227/09/2022DutchPDF
Full model31/12/201803/12/201915/01/2020DutchPDF
Full model31/12/201718/10/201803/12/2018DutchPDF
Full model30/09/201622/02/201724/03/2017DutchPDF
Full model30/09/201524/02/201623/03/2016DutchPDF
Full model30/09/201425/02/201511/03/2015DutchPDF
Full model30/09/201326/02/201413/03/2014DutchPDF
Full model30/09/201227/02/201308/03/2013DutchPDF
Full model30/09/201122/02/201224/04/2012DutchPDF
Full model30/09/201023/02/201120/04/2011DutchPDF
Full modelCorrection30/09/200922/03/201011/01/2011DutchPDF
Full model30/09/200922/03/201023/07/2010DutchPDF
Full modelCorrection30/09/200825/02/200905/01/2011DutchPDF
Full model30/09/200825/02/200925/03/2009DutchPDF
Full model30/09/200727/02/200819/03/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2015

4 active · 18 ended

Active mandates

Thomas Veit

Director · since 01 avril 2015 · until 22 février 2017

Active
Danny VandeVyver

Director · since 06 mars 2014 · until 22 février 2017

Active
Trevor Connell

Director · since 01 août 2013 · until 22 février 2017

Active
Luc De Groot

Director · since 01 septembre 2010 · until 31 décembre 2015

Active

Ended mandates

Trevor Connell

Director · since 01 août 2013 · until 26 février 2014

Ended
Arnaud Spirlet

Director · since 16 avril 2012 · until 26 février 2014

Ended
Arnaud Spirlet

Director · since 16 avril 2012 · until 06 mars 2014

Ended
Luc De Groot

Director · since 01 septembre 2010 · until 26 février 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/01/2026
    nominationGrant Thornton Bedrijfsrevisoren - Réviseurs d'Entreprises CVBA — commissaris
  2. 08/10/2024
    nominationStijn Vander Plaetse — interim algemeen directeur (persoon belast met het dagelijks bestuur)
  3. 01/12/2022
    nominationChristopher Nickerson — bestuurder
  4. 01/03/2022
    nominationSerge Carlier — interim “algemeen directeur” (persoon belast met het dagelijks bestuur)
  5. 2015
    Annual accounts 2015-2,4 M €↓
  6. 2014
    Annual accounts 20141,7 k €↓
  7. 2013
    Annual accounts 201313,4 k €↑
  8. 2013
    Name changeUnify Communications
  9. 2008
    Annual accounts 2008-6,7 M €↓
  10. 2007
    Annual accounts 20073,7 M €
  11. 2007
    Name changeSIEMENS ENTERPRISE COMMUNICATIONS
  12. 02/08/2006
    IncorporationPublic limited company