CAMI
ActiveSummary
CAMI has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €141,751. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-1
Solvency88=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 2.3 in 2024; short-term debt: 10.2% and cash: 1.5% of total assets), and 36.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.3%
Return on assets
7.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
38 d early
2023
34 d early
2022
46 d early
2021
38 d early
2020
50 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.2m▼ 6.7%
2024 · €1.3m
Total assets
€1.8m▼ 6.7%
2024 · €2.0m
Net result
€141,751▼ 15.5%
2024 · €167,739
Working capital
€129,247▼ 41.3%
2024 · €220,322
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€172,614▲ 116%€317,674▲ 84.0%€287,523▼ 9.5%€277,897▼ 3.3%€242,630▼ 12.7%
Net result€111,613within the sector's middle half▲ 144%€209,800above the sector's middle half▲ 88.0%€176,834above the sector's middle half▼ 15.7%€167,739above the sector's middle half▼ 5.1%€141,751above the sector's middle half▼ 15.5%
Equity€778,409within the sector's middle half▼ 5.1%€986,434within the sector's middle half▲ 26.7%€1.2mwithin the sector's middle half▲ 17.7%€1.3mabove the sector's middle half▲ 8.1%€1.2mabove the sector's middle half▼ 6.7%
Total assets€1.8mwithin the sector's middle half▼ 1.7%€1.9mwithin the sector's middle half▲ 7.1%€2.0mwithin the sector's middle half▲ 4.5%€2.0mwithin the sector's middle half▼ 2.1%€1.8mwithin the sector's middle half▼ 6.7%
Debt€963,071▲ 1.1%€883,253▼ 8.3%€795,675▼ 9.9%€660,704▼ 17.0%€611,983▼ 7.4%
Working capital-€136,707below the sector's middle half▼ 48.2%€60,471within the sector's middle half€219,994within the sector's middle half▲ 264%€220,322within the sector's middle half▲ 0.1%€129,247within the sector's middle half▼ 41.3%
Solvency43.0%within the sector's middle half▼ 1.6pp50.9%within the sector's middle half▲ 7.9pp57.4%within the sector's middle half▲ 6.4pp63.3%within the sector's middle half▲ 5.9pp63.3%within the sector's middle half=
Current ratio0.14below the sector's middle half▼ 0.181.37within the sector's middle half▲ 1.242.37within the sector's middle half▲ 1.002.30within the sector's middle half▼ 0.081.69within the sector's middle half▼ 0.61
Return on assets (ROA)6.2%within the sector's middle half▲ 3.7pp10.8%within the sector's middle half▲ 4.7pp8.7%within the sector's middle half▼ 2.1pp8.5%within the sector's middle half▼ 0.3pp7.7%within the sector's middle half▼ 0.8pp
Staff (FTE)1.3below the sector's middle half▼ 35.0%1below the sector's middle half▼ 23.1%1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.5m ▼ 3.8%
Current assets
€317,110 ▼ 18.8%
Equity and liabilities €1.8m
Equity
€1.2m ▼ 6.7%
Provisions
€65,611 ▼ 0.8%
Debt
€611,983 ▼ 7.4%
Debt's share of the balance-sheet total falls from 33.3% to 33.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€316,818▼
2024 · €351,755
Cash flow
€215,939▼
2024 · €241,597
Debt to equity
0.52▼
2024 · 0.53
ROE
12.1%▼
2024 · 13.4%
Interest coverage
10.88▲
2024 · 10.09
Debt ≤ 1 year
€187,863▲
2024 · €170,021
Debt > 1 year
€401,832▼
2024 · €468,955
Income taxes
€71,805▼
2024 · €75,303
Staff costs
€56,667▲
2024 · €54,152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €8,665 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €57,801 | €47,798 | €53,913 | €54,152 | €56,667 | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,465 | €80,549 | €75,640 | €73,858 | €74,188 | ▲ 0.4% |
| Other operating charges640/8 | €15,052 | €14,981 | €16,404 | €17,367 | €21,039 | ▲ 21.1% |
| Non-recurring operating charges66A | - | - | - | €1,236 | €0 | ▼ 100% |
| Gross operating margin9900 | €317,931 | €461,003 | €433,479 | €424,510 | €394,524 | ▼ 7.1% |
| Operating profit (loss)9901 | €172,614 | €317,674 | €287,523 | €277,897 | €242,630 | ▼ 12.7% |
| Financial income75/76B | - | - | €17 | €18 | €34 | ▲ 96.0% |
| Recurring financial income75 | - | - | €17 | €18 | €34 | ▲ 96.0% |
| Financial charges65/66B | €13,886 | €14,732 | €31,818 | €34,873 | €29,108 | ▼ 16.5% |
| Recurring financial charges65 | €13,886 | €14,732 | €31,818 | €34,873 | €29,108 | ▼ 16.5% |
| Profit (loss) for the period before taxes9903 | €158,727 | €302,942 | €255,722 | €243,041 | €213,556 | ▼ 12.1% |
| Income taxes67/77 | €47,114 | €93,142 | €78,888 | €75,303 | €71,805 | ▼ 4.6% |
| Profit (loss) for the period9904 | €111,613 | €209,800 | €176,834 | €167,739 | €141,751 | ▼ 15.5% |
| Transfer from tax-exempt reserves789 | €1,558 | €1,558 | €1,558 | €1,558 | €1,558 | = |
| Profit (loss) for the period to be appropriated9905 | €113,171 | €211,358 | €178,392 | €169,296 | €143,309 | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.9m | €2.0m | €2.0m | €1.8m | ▼ 6.7% |
| Fixed assets21/28 | €1.8m | €1.7m | €1.6m | €1.6m | €1.5m | ▼ 3.8% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.1m | €1.0m | €978,168 | ▼ 5.8% |
| Land and buildings22 | €1.1m | €1.1m | €1.0m | €966,879 | €914,807 | ▼ 5.4% |
| Plant, machinery and equipment23 | €58,414 | €50,836 | €43,257 | €35,679 | €28,101 | ▼ 21.2% |
| Furniture and vehicles24 | €57,522 | €45,024 | €32,527 | €35,581 | €35,260 | ▼ 0.9% |
| Financial fixed assets28 | €548,000 | €548,000 | €553,000 | €553,000 | €553,000 | = |
| Current assets29/58 | €21,670 | €222,624 | €380,021 | €390,343 | €317,110 | ▼ 18.8% |
| Amounts receivable after more than one year29 | - | €166,861 | €334,091 | €327,361 | €262,662 | ▼ 19.8% |
| Other amounts receivable291 | - | €166,861 | €334,091 | €327,361 | €262,662 | ▼ 19.8% |
| Amounts receivable within one year40/41 | €9,337 | €7,797 | €4,387 | €11,332 | €21,089 | ▲ 86.1% |
| Trade receivables40 | €4,485 | €7,797 | €4,387 | €11,332 | €5,835 | ▼ 48.5% |
| Other amounts receivable41 | €4,853 | €0 | - | - | €15,254 | - |
| Cash at bank and in hand54/58 | €8,712 | €9,702 | €8,389 | €18,903 | €26,951 | ▲ 42.6% |
| Deferred charges and accrued income490/1 | €3,621 | €38,264 | €33,154 | €32,747 | €6,409 | ▼ 80.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €2.0m | €2.0m | €1.8m | ▼ 6.7% |
| Equity10/15 | €778,409 | €986,434 | €1.2m | €1.3m | €1.2m | ▼ 6.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Outside capital11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Other1109/19 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €716,409 | €924,434 | €1.1m | €1.2m | €1.1m | ▼ 7.0% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €8,074 | €7,092 | €5,534 | €4,613 | €3,587 | ▼ 22.2% |
| Distributable reserves133 | €702,135 | €911,142 | €1.1m | €1.2m | €1.1m | ▼ 7.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €67,355 | €66,779 | €66,779 | €66,143 | €65,611 | ▼ 0.8% |
| Provisions for liabilities and charges160/5 | €64,416 | €64,416 | €64,416 | €64,416 | €64,416 | = |
| Pensions and similar obligations160 | €64,416 | €64,416 | €64,416 | €64,416 | €64,416 | = |
| Deferred taxes168 | €2,939 | €2,364 | €2,364 | €1,728 | €1,196 | ▼ 30.8% |
| Amounts payable17/49 | €963,071 | €883,253 | €795,675 | €660,704 | €611,983 | ▼ 7.4% |
| Amounts payable after more than one year17 | €796,983 | €711,232 | €622,202 | €468,955 | €401,832 | ▼ 14.3% |
| Financial debts170/4 | €629,002 | €538,728 | €460,074 | €232,316 | €150,318 | ▼ 35.3% |
| Other amounts payable178/9 | €167,981 | €172,504 | €162,128 | €236,638 | €251,514 | ▲ 6.3% |
| Amounts payable within one year42/48 | €158,377 | €162,154 | €160,028 | €170,021 | €187,863 | ▲ 10.5% |
| Current portion of amounts payable after more than one year42 | €89,288 | €90,274 | €85,084 | €97,181 | €107,345 | ▲ 10.5% |
| Trade debts44 | €6,579 | €7,464 | €8,988 | €11,159 | €8,508 | ▼ 23.8% |
| Suppliers440/4 | €6,579 | €7,464 | €8,988 | €11,159 | €8,508 | ▼ 23.8% |
| Taxes, remuneration and social security45 | €32,396 | €57,191 | €58,392 | €46,816 | €60,454 | ▲ 29.1% |
| Taxes450/3 | €26,877 | €50,790 | €51,745 | €40,071 | €53,468 | ▲ 33.4% |
| Remuneration and social security454/9 | €5,518 | €6,401 | €6,646 | €6,745 | €6,986 | ▲ 3.6% |
| Other amounts payable47/48 | €30,114 | €7,225 | €7,565 | €14,865 | €11,556 | ▼ 22.3% |
| Accrued charges and deferred income492/3 | €7,712 | €9,867 | €13,446 | €21,728 | €22,288 | ▲ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,613 | €209,800 | €176,834 | €167,739 | €141,751 | ▼ 15.5% |
| + Depreciation and write-downs630 | €72,465 | €80,549 | €75,640 | €73,858 | €74,188 | ▲ 0.4% |
| Operating cash flow (approximation) | €184,077 | €290,349 | €252,474 | €241,597 | €215,939 | ▼ 10.6% |
| Investment in fixed assets (approximation) | - | -€7,226 | -€5,000 | -€21,796 | -€14,216 | ▲ 34.8% |
| Change in cash | - | €991 | -€1,313 | €10,514 | €8,048 | ▼ 23.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1mEq €1.2m ▲17.7%
6 profitable years in a row build equity to €1.2m.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €209,800 ▲88%
Operating result €317,674, net result €209,800, both a record.
31-12
Financial
Liquidity times 10current ratio 1.37
Current ratio from 0.14 to 1.37.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1982
Ground area
7,356 m²
Building footprint
3,773 m²
Volume, LiDAR
16,286 m³
Parcel 35020B0072/00A002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Edward Vlietinckstraat 8, 8400 Oostende
since 19822.020.298.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0072/00A002 | Flanders | 7,356 m² | 1 · 3,773 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
99.64%
-
50%
According to the 2025 annual accounts of CAMI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Technodexon
BE 0664.813.353
Olen · Eq €1,169,062
EURO ASIA INVESTMENT AND TRADING CORPORATION
BE 0438.452.866
Gent · Eq €1,181,751
BB CONCEPT
BE 0542.360.256
Sint-Pieters-Leeuw · Eq €1,156,101
REMAT & PARTNERS
BE 0863.193.595
Kuurne · Eq €1,185,693
G - PLUS
BE 0475.004.545
Ronse · Eq €1,137,448
Of 1,173 companies in sector 46499 we hold annual accounts for 743. 481 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-03-1982
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
16281Manufacture of other wood products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422535364
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.