Equity
Equity fell by 84% in 3 years.
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 74% of them on solvency, 91% on liquidity, 95% on profitability and 81% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as CAMILLE has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of CAMILLE itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for CAMILLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.85 (1.31 in 2024), above the usual 1.5. Short-term debt is 26% and cash 98.2% of total assets. 35.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CAMILLE Erezée | €138,651 | €62,161 | 64.3% | - |
| KEYOPS Brussels | €155,292 | €67,145 | 45.1% | - |
| Tom Verfaillie Ledegem | €134,514 | €82,120 | 42.2% | - |
| JVC INVEST Deinze | €114,711 | €73,200 | 78.5% | - |
| BUSINESS OFFICE TEAM Braine-l'Alleud | €137,362 | €65,760 | 63.5% | - |
| SEMOIS INVEST Bouillon | €180,241 | €37,583 | 91.9% | - |
| PRIJOT Spa | €117,280 | €46,887 | 60.8% | - |
These companies have the same main activity as CAMILLE: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €115,000 and €180,000, founded between 2013 and 2016.
CAMILLE has existed since 2015. The gross margin fell from €1.6m in 2022 to €2,666 in 2023.
Solvency rose in 2025 from 17.0% to 64.3% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €84,000 and €380,000.
Higher than 70% of 5,810 companies in 2025.
Higher than 75% of 5,561 companies in 2025.
Higher than 95% of 5,784 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
138,651 | 400,821 | 567,474 | 1.5m | 1.5m | 3.2m | 4.3m | 3.6m | 3.4m | 2.7m | |
29/58 |
138,651 | 400,821 | 567,474 | 1.5m | 1.5m | 3.2m | 4.3m | 3.6m | 3.4m | 2.7m | |
3 |
- | 22,090 | 416,162 | 416,162 | 46,604 | 1.7m | 3.1m | 3.2m | 2.8m | 2.6m | |
30/36 |
- | 22,090 | 416,162 | 416,162 | - | - | - | - | - | - | |
37 |
- | - | - | - | 46,604 | 1.7m | 3.1m | 3.2m | 2.8m | 2.6m | |
40/41 |
2,504 | 1,644 | 1,002 | 65,063 | 3,817 | 636,306 | 110,020 | 101,712 | 127,113 | 9,218 | |
40 |
- | - | - | - | - | 530,258 | - | 36 | - | - | |
41 |
2,504 | 1,644 | 1,002 | 65,063 | 3,817 | 106,048 | 110,020 | 101,677 | 127,113 | 9,218 | |
54/58 |
136,147 | 377,087 | 150,310 | 825,206 | 1.4m | 899,212 | 1.1m | 276,289 | 465,961 | 78,615 | |
490/1 |
- | - | - | 172,000 | - | - | 921 | 921 | 898 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
138,651 | 400,821 | 567,474 | 1.5m | 1.5m | 3.2m | 4.3m | 3.6m | 3.4m | 2.7m | |
10/15 |
89,200 | 68,200 | 252,388 | 556,704 | 83,370 | 70,899 | 66,920 | -205,818 | -69,955 | 80,207 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
14 |
21,000 | - | 184,188 | 488,504 | 15,170 | 2,699 | -1,280 | -274,018 | -138,155 | 12,007 | |
16 |
13,197 | 25,524 | 10,000 | 17,000 | 17,000 | 39,011 | 39,011 | - | - | - | |
160/5 |
13,197 | 25,524 | 10,000 | 17,000 | 17,000 | 39,011 | 39,011 | - | - | - | |
162 |
13,197 | 25,524 | 10,000 | 17,000 | 17,000 | 39,011 | 39,011 | - | - | - | |
17/49 |
36,254 | 307,097 | 305,086 | 904,727 | 1.4m | 3.1m | 4.2m | 3.8m | 3.4m | 2.7m | |
42/48 |
36,049 | 307,017 | 305,086 | 904,727 | 1.4m | 3.1m | 4.2m | 3.8m | 3.4m | 2.7m | |
43 |
- | - | - | - | 681,000 | 1.8m | 1.9m | 1.9m | 1.9m | 1.9m | |
430/8 |
- | - | - | - | 681,000 | 1.8m | 1.9m | 1.9m | 1.9m | 1.9m | |
44 |
2,662 | 4,161 | 3,136 | 124,727 | 11,948 | 17,518 | 106,810 | 48,847 | 13,182 | 21,500 | |
440/4 |
2,662 | 4,161 | 3,136 | 124,727 | 11,948 | 17,518 | 106,810 | 48,847 | 13,182 | 21,500 | |
45 |
- | 2,122 | 1,900 | - | 5,732 | 12,850 | 11,500 | - | 9,375 | 9,375 | |
450/3 |
- | 2,122 | 1,900 | - | 5,732 | 12,850 | 11,500 | - | 9,375 | 9,375 | |
47/48 |
33,387 | 300,733 | 300,050 | 780,000 | 690,218 | 1.3m | 2.2m | 1.9m | 1.5m | 771,198 | |
492/3 |
205 | 80 | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
76A |
- | - | - | - | - | - | 53,524 | - | - | - | |
9900 |
62,161 | 175,338 | 2,666 | 1.6m | -6,342 | 13,993 | 331,140 | -113,940 | -130,371 | 48,882 | |
635/8 |
-12,327 | 15,524 | -7,000 | - | -22,011 | - | - | - | - | - | |
640/8 |
1,852 | 2,951 | 2,311 | 873 | 871 | 868 | 1,242 | 23,181 | 18,497 | 833 | |
66A |
- | - | - | - | - | - | 39,011 | - | - | - | |
9901 |
72,636 | 156,863 | 7,355 | 1.6m | 14,798 | 13,125 | 290,887 | -137,121 | -148,868 | 48,049 | |
75/76B |
- | - | - | - | 3,152 | - | 0 | 1,773 | 3 | 3,569 | |
75 |
- | - | - | - | 3,152 | - | 0 | 1,773 | 3 | 3,569 | |
65/66B |
1,410 | 246 | 404 | 6,160 | 479 | 7,796 | 6,698 | 996 | 1,297 | 24,037 | |
65 |
1,410 | 246 | 404 | 6,160 | 479 | 7,796 | 6,698 | 996 | 1,297 | 24,037 | |
9903 |
71,226 | 156,617 | 6,951 | 1.6m | 17,471 | 5,329 | 284,189 | -136,344 | -150,161 | 27,582 | |
67/77 |
16,839 | 40,222 | 11,267 | 379,093 | 4,999 | 1,350 | 11,451 | -481 | 0 | 9,375 | |
9904 |
54,387 | 116,395 | -4,316 | 1.2m | 12,472 | 3,979 | 272,738 | -135,863 | -150,162 | 18,207 | |
9905 |
54,387 | 116,395 | -4,316 | 1.2m | 12,472 | 3,979 | 272,738 | -135,863 | -150,162 | 18,207 | |
| Appropriation of the result | |||||||||||
9906 |
54,387 | 300,583 | 484,188 | 1.2m | 15,170 | 2,699 | -1,280 | -274,018 | -138,155 | 18,207 | |
14P |
- | 184,188 | 488,504 | 15,170 | 2,699 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 6,200 | |
6920 |
- | - | - | - | - | - | - | - | - | 6,200 | |
694/7 |
33,387 | 300,583 | 300,000 | 700,000 | - | - | - | - | - | - | |
694 |
33,387 | 300,583 | 300,000 | 700,000 | - | - | - | - | - | - | |
| Document | |||||||||||
Source: Annual accounts 2025 (PDF), filed on 02-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-06-2026 | 2026-00135594 | |
| 31-12-2024 | full format | 10-06-2025 | 2025-00133017 | |
| 31-12-2023 | full format | 07-06-2024 | 2024-00130167 | |
| 31-12-2022 | full format | 13-06-2023 | 2023-00127004 | |
| 31-12-2021 | full format | 09-06-2022 | 2022-20057293 | |
| 31-12-2020 | full format | 04-08-2021 | 2021-46100408 | |
| 31-12-2019 | full format | 26-06-2020 | 2020-21800210 | |
| 30-06-2018 | micro format | 22-11-2018 | 2018-72600458 | |
| 30-06-2017 | micro format | 27-11-2017 | 2017-70400174 | |
| 30-06-2016 | full format | 16-12-2016 | 2016-70300076 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -240,940 | 226,777 | -674,896 | -613,640 | 539,634 | -191,476 | 814,400 | -189,673 | 387,347 | - | ||
| 102,602 | 93,804 | 262,388 | 573,704 | 100,370 | 109,910 | 105,931 | -205,818 | -69,955 | 80,207 | ||
| 64.3% | 17.0% | 44.5% | 37.7% | 5.6% | 2.2% | 1.6% | -5.7% | -2.1% | 2.9% | ||
| 3.85 | 1.31 | 1.86 | 1.63 | 1.07 | 1.04 | 1.03 | 0.95 | 0.98 | 1.03 | ||
| 3.85 | 1.23 | 0.50 | 1.17 | 1.04 | 0.49 | 0.29 | 0.10 | 0.17 | 0.03 | ||
| 0.41 | 4.50 | 1.21 | 1.63 | 16.66 | 43.96 | 62.52 | - | - | 33.07 | ||
| 61.0% | 170.7% | -1.7% | 210.8% | 15.0% | 5.6% | 407.6% | - | - | 22.7% | ||
| 39.2% | 29.0% | -0.8% | 79.4% | 0.8% | 0.1% | 6.4% | -3.7% | -4.5% | 0.7% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is 54% lower than in 2024.
Debt's share of the balance-sheet total falls from 76.6% to 26.1%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
CAMILLE has no parent and no holdings in its annual accounts.
The network starts from the directors of CAMILLE. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Château, Fisenne 2 registered office 6997 Erezée | ||
| Thomas Balisplein 3 1160 Auderghem 6811001 Buying and selling of own real estate | 05-02-2015 | 2.239.296.963 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0123/00R010 | Brussels | 1,463 m² | 1 · 1,132 m² | 14.9 m · 2 |
| 83048D1053/00B000 ProtectedMonument · Site or landscapeFaçades et toitures de l'ensemble des bâtiments du château ferme de Fisenne, ce inclus le logement du fermier situé dans l'aile sud-est (M) ainsi que les vestiges du parc et les alentours du château (S). Etablissement d'une zone de protection (ZP)Source ↗ | Wallonia | 349 m² | 1 · 360 m² | 21.7 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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