Public limited company · founded 2011 · 14 yrs activeLandegemstraat 10, 9031 Gent, BelgiumKBO/BCE: BE 0840.975.647
Summary
CAMINO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €103.2m and a net result of €502,072. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 3243 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Outside the general model
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 27 June (5 of the last 5 filed years within 30 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 28 October 2011, CAMINO was incorporated by two natural persons, with a starting capital of EUR 76 million.12CAJIL and PATAJ were merged into the company in 2016.3A capital increase in 2017 brought the capital to EUR 56 million.4Of the 7 current board members, CALLENS Claudia Paule Carla has served longest, since 2023.5Revenue went from EUR 877,500 in 2018 to EUR 1.4 million in 2025 and headcount from 8.1 to 7.8 full-time equivalents.6
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
Net result€8.8mabove the sector's middle half▼ 31.0%€9.2mabove the sector's middle half▲ 5.3%€296,056above the sector's middle half▼ 96.8%€949,530above the sector's middle half▲ 221%€502,072above the sector's middle half▼ 47.1%
Equity€92.2mabove the sector's middle half▲ 10.5%€101.4mabove the sector's middle half▲ 10.0%€101.7mabove the sector's middle half▲ 0.3%€102.7mabove the sector's middle half▲ 0.9%€103.2mabove the sector's middle half▲ 0.5%
Total assets€99.0mabove the sector's middle half▲ 17.9%€101.8mabove the sector's middle half▲ 2.8%€102.0mabove the sector's middle half▲ 0.2%€102.9mabove the sector's middle half▲ 0.9%€103.4mabove the sector's middle half▲ 0.5%
Working capital€30.3mabove the sector's middle half▲ 36.9%€36.8mabove the sector's middle half▲ 21.4%€33.7mabove the sector's middle half▼ 8.4%€33.7mabove the sector's middle half=€31.5mabove the sector's middle half▼ 6.7%
Solvency93.1%above the sector's middle half▼ 6.2pp99.7%above the sector's middle half▲ 6.5pp99.7%above the sector's middle half=99.7%above the sector's middle half=99.7%above the sector's middle half=
Current ratio5.48above the sector's middle half▼ 36.96
Return on assets (ROA)8.9%within the sector's middle half▼ 6.3pp9.1%within the sector's middle half▲ 0.2pp0.3%within the sector's middle half▼ 8.8pp0.9%within the sector's middle half▲ 0.6pp0.5%within the sector's middle half▼ 0.4pp
Staff (FTE)9.5within the sector's middle half▲ 18.8%9.8within the sector's middle half▲ 3.2%10.1within the sector's middle half▲ 3.1%9.2within the sector's middle half▼ 8.9%7.8within the sector's middle half▼ 15.2%
abovewithinbelowthe middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 357% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103.4m
69.3%
30.7%
Fixed assets€71.7m ▲ 4.0%
Current assets€31.7m ▼ 6.6%
Equity and liabilities €103.4m
99.7%
Equity€103.2m ▲ 0.5%
Debt€271,075 ▲ 4.0%
Debt's share of the balance-sheet total stays at 0.3%.
Key figures and ratios
2025 value · change against 2024
ROE
0.5%▼
2024 · 0.9%
Debt ≤ 1 year
€258,891▲
2024 · €244,856
Income taxes
€18,107▲
2024 · €4,931
Staff costs
€721,172▼
2024 · €870,587
A ratio outside any meaningful range has been withheld (balance sheet total €103.4m, equity €103.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 62 lines
Balance sheetCode20242025
Assets
Total assets20/58€102.9m€103.4m▲
Fixed assets21/28€69.0m€71.7m▲
Financial fixed assets28€69.0m€71.7m▲
Affiliated companies280/1€63.3m€65.3m▲
Participating interests280€63.3m€65.3m▲
Companies linked by participating interests282/3€4.5m€5.2m▲
Participating interests282€4.5m€5.2m▲
Other financial fixed assets284/8€1.1m€1.2m▲
Shares284€1.1m€1.2m▲
Current assets29/58€34.0m€31.7m▼
Amounts receivable within one year40/41€26.3m€12.5m▼
Trade receivables40€90,674€11,503▼
Other amounts receivable41€26.2m€12.5m▼
Current investments50/53€7.1m€18.9m▲
Other investments51/53€7.1m€18.9m▲
Cash at bank and in hand54/58€536,432€345,809▼
Deferred charges and accrued income490/1€16,551€12,530▼
Equity and liabilities
Total equity and liabilities10/49€102.9m€103.4m▲
Equity10/15€102.7m€103.2m▲
Contributions10/11€36.0m€36.0m=
Capital10€36.0m€36.0m=
Issued capital100€36.0m€36.0m=
Reserves13€3.6m€3.6m=
Non-distributable reserves130/1€3.6m€3.6m=
Legal reserve130€3.6m€3.6m=
Profit (loss) carried forward14€63.1m€63.6m▲
Amounts payable17/49€260,567€271,075▲
Amounts payable within one year42/48€244,856€258,891▲
Trade debts44€50,212€89,674▲
Suppliers440/4€50,212€89,674▲
Taxes, remuneration and social security45€194,644€169,217▼
Taxes450/3€87,386€73,258▼
Remuneration and social security454/9€107,258€95,959▼
Accrued charges and deferred income492/3€15,712€12,184▼
Income statementCode20242025
Operating income70/76A€1.4m€1.7m▲
Turnover70€1.4m€1.4m▼
Other operating income74-€45
Non-recurring operating income76A-€326,534
Operating charges60/66A€1.4m€1.3m▼
Services and other goods61€485,237€578,538▲
Remuneration, social security and pensions62€870,587€721,172▼
Asset distribution · Reserve release · Statutes amendment6 facts ▸
General meeting, 21-05-2026
Asset distribution, uitkering van het eigen vermogen, Uitkering van het eigen vermogen-aanrekening op het fiscaal gestort kapitaal en aanrekening op de overgedragen winst
Reserve release, beschikbare reserves
Statutes amendment, 5
Power of attorney
Power of attorney, Inès Staessens
2025
05-11
State Gazette actAppointments: Stratix BV, Arma Consult BV and 8822 BV
Permanent representatives: Olivier Maes, Claude Lampole and Yves Weyts7 facts ▸
General meeting, 10-06-2025
Director appointment, Stratix BV (director)
Permanent representative, Olivier Maes
Director appointment, Arma Consult BV (director)
Permanent representative, Claude Lampole
Director appointment, 8822 BV (director)
Permanent representative, Yves Weyts
01-07
NBB filingAnnual accounts filed
fiscal year 2024 · consolidated
27-06
NBB filingAnnual accounts filed
fiscal year 2024 · full schema
2024
08-08
State Gazette actReappointment: BV V.R.C. Bedrijfsrevisoren (statutory auditor)
Director reappointment, Manextenso bvba (director)
Permanent representative, Bert Niclaes
Director reappointment, Roi² bvba (director)
Permanent representative, Hilde Haems
Director reappointment, Mathi Gijbels bvba (director)
Permanent representative, Mathi Gijbels
2018
09-10
State Gazette actCapital & shares · Statutes amendment
Capital decrease · Capital · Power of attorney6 facts ▸
General meeting, 04-10-2018
Capital decrease, €20.104.737,26
Capital, €36.000.000
Power of attorney, Bert NICLAES
Power of attorney, DELBOO
Share categories, samenstelling en werking van de raad van bestuur, regeling inzake de algemene vertegenwoordigingsbevoegdheid, regeling inzake de aandelenoverdracht en aandeleno…
08-10
State Gazette actReappointments: Manextenso bvba, Roi² bvba and Mathi Gijbels bvba
Appointments: MANEXTENSO, Lieve Blanka BOSSUYT and 2 others · Permanent representatives: Bert Jozef Louis NICLAES, Mathieu GIJBELS and Hilde HAEMS · Demerger20 facts ▸
General meeting, 26-06-2017
Demerger, partial split, 13.181.045,57 EUR
Capital decrease, €1.469.018,76
Capital increase, €14.737,26
Share issue, 2
Share issue, 1, B
Share issue, 1, A
Statutes amendment
Capital, €56.104.737,26
Statutes amendment
Director appointment, MANEXTENSO (director)
Permanent representative, Bert Jozef Louis NICLAES
Appointments: CALLENS Claudia Paule Carla (class A director) and CALLENS Joost Gabriel Kamiel (class B director) · Founding capital · Capital contribution10 facts ▸
Incorporation, 28-10-2011
Founding capital, €76.120.000
Director appointment, CALLENS Claudia Paule Carla (class A director)
Director appointment, CALLENS Joost Gabriel Kamiel (class B director)
Capital contribution
Capital contribution
Auditor report, 27-10-2011
Share categories
Pre emption right, Vrije overdracht binnen dezelfde categorie; in alle andere gevallen verlenen de aandeelhouders van categorie A en van categorie B elkaar een voorkooprecht, met…
Board composition, Minimum één lid verkozen onder kandidaten voorgedragen door houders van categorie A en minimum één lid verkozen onder kandidaten voorgedragen door houders van c…
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
20 of 20 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
8 directors, 2 in day-to-day management, no change since 2026
Permanent representative · since 14-12-2023 · for MANEXTENSO
Current
LC
Claude Lampole
Permanent representative · since 10-06-2025 · for Arma Consult BV
Current
MO
Olivier Maes
Permanent representative · since 10-06-2025 · for Stratix BV
Current
WY
Yves Weyts
Permanent representative · since 10-06-2025 · for 8822 BV
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
HH
Hilde HAEMS
Permanent representative · since 26-06-2017 · for ROI²
Not recently confirmed
GM
Mathieu GIJBELS
Permanent representative · since 26-06-2017 · for MATHI GIJBELS
Not recently confirmed
Statutory auditor 1
BC
B.V.o.v.v.e. CVBA V.R.C. Bedrijfsrevisoren
Auditor · since 01-01-2021 · perm. rep.: Steven T'Jollyn
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
“De vennootschap wordt in rechte en ten aanzien van derden, hieronder begrepen een openbaar ambtenaar (onder meer de hypotheekbewaarder), rechtsgeldig vertegenwoordigd door twee gezamenlijk handelende bestuurders, waarvan één de houders van de aandelen van categorie A vertegenwoordigt en één de…”
Full text
De vennootschap wordt in rechte en ten aanzien van derden, hieronder begrepen een openbaar ambtenaar (onder meer de hypotheekbewaarder), rechtsgeldig vertegenwoordigd door twee gezamenlijk handelende bestuurders, waarvan één de houders van de aandelen van categorie A vertegenwoordigt en één de houders van de aandelen van categorie B vertegenwoordigt;
De vennootschap heeft tot doel, zo in België als in het buitenland, hetzij rechtstreeks, hetzij als tussenpersoon, alle activiteiten als holding, patrimoniumvennootschap…
Full purpose
De vennootschap heeft tot doel, zo in België als in het buitenland, hetzij rechtstreeks, hetzij als tussenpersoon, alle activiteiten als holding, patrimoniumvennootschap, beheermaatschappij, managementvennootschap, syndicus, makelaar, aannemer, handelaar, expert, commissionair, financier, adviseur op alle domeinen waarin zij competent is...
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
11 holdings · 11 subsidiaries in the tree
Owners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
According to the 2025 annual accounts of CAMINO 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
16 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 1,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded28-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Contact
Phone056/625100Gent
E-invoicing
Reachable via Peppol
Peppol ID0208:0840975647
Registered20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.