Skip to content
Checked.be
Complete company report
Generated 09-08-2026
Active BE 0416.344.982Public limited company

CAMPIRAMA

Minervastraat 7 ·8870 Izegem, Belgium· 50 yrs active
Sector: Retail trade (47811)
Conclusion Checked

The computed 12-month bankruptcy probability of CAMPIRAMA is 0.3% (very low). The 2024 annual accounts show equity of €6.44M and a net result of €753k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 1225 sector peers (fiscal year 2024). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €6.44M
Net result €753k
Staff (FTE) 10.4
Better than sector 77%
Snowflake analysis 5 axes · computed by Checked
Health83Profitability58Solvency94Growth78Stability100
83 / 100

Exceptional profile, strong across almost every axis.

Health 83
Profitability 58
Solvency 94
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1976, 50 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
83 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 08-10-2025 with the NBB · fiscal year 2024 · verkort
€0€500k€1.00M€1.50MOperating result 2020: €676k€676kNet result 2020: €589k€589kOperating result 2021: €717k€717kNet result 2021: €587k€587kOperating result 2022: €1.01M€1.01MNet result 2022: €833k€833kOperating result 2023: €1.42M€1.42MNet result 2023: €1.18M€1.18MOperating result 2024: €902k€902kNet result 2024: €753k€753k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~2.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€5.00M€6.00M€7.00M2025: €6.47M (€5.96M - €6.99M)2026: €6.66M (€6.14M - €7.17M)2027: €6.85M (€6.34M - €7.37M)2018: €5.43M2019: €5.43M2020: €5.74M2021: €5.19M2022: €5.58M2023: €6.11M2024: €6.44M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 49.6% 20.4%
better than 77% of 1225 sector peers
Net result €753k €26k
better than 95% of 1224 sector peers
Equity €6.44M €142k
better than 95% of 1225 sector peers
Gross operating margin €1.79M €217k
better than 95% of 1223 sector peers
Staff costs €545k €163k
higher than 83% of 933 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€1.12M
-31.6% far above sector median
Net profit
€753k
-36.4% far above sector median
Cash flow
€966k
-30.4% far above sector median
Total assets
€12.99M
+15.7% far above sector median
Equity
€6.44M
+5.4% far above sector median
Working capital
€4.98M
+7.4% far above sector median
Employees (FTE)
10
+16.9% far above sector median
Staff costs
€545k
+9.3% +284% vs sector
Income taxes
€129k
-39.2% far above sector median
Dividends
€0
-100.0% 18-24
Debt
€6.37M
+29.4% far above sector median
Debt ≤ 1y
€5.15M
+42.8% far above sector median
Debt > 1y
€1.21M
-7.4% 18-24
Current ratio
1.97
-13.9% -78% vs sector
Quick ratio
0.44
-20.4% -95% vs sector
Solvency
49.6%
-8.9% -44% vs sector
Debt / equity
0.99
+22.9% far above sector median
ROE
11.7%
-39.6% -24% vs sector
ROA
5.8%
-45.0% +3% vs sector
Interest coverage
26.03
-27.2% +286% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€1.12M
Net profit€753k
Cash flow€966k
Staff costs€545k
Income taxes€129k
Dividends-
Total assets€12.99M
Equity€6.44M
Debt€6.37M
of which ≤ 1y€5.15M
of which > 1y€1.21M
Working capital€4.98M
Employees (FTE)10.4
Ratios (computed)
2024
Current ratio1.97
Quick ratio0.44
Working capital ratio38.3%
Solvency49.6%
Debt / equity0.99
Long-term debt ratio0.19
Interest coverage26.03
Gross margin-
Net margin-
ROA5.8%
ROE11.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€12.99M
Fixed assets 21/28€2.86M
Intangible fixed assets 21€49k
Tangible fixed assets 22/27€2.81M
Current assets 29/58€10.13M
Stocks & contracts in progress 3€7.85M
Amounts receivable within one year 40/41€544k
Cash & bank 54/58€1.71M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12.99M
Equity 10/15€6.44M
Contributions / capital 10/11€63k
Reserves 13€6.38M
Accumulated profits (losses) 14€0
Provisions & deferred taxes 16€179k
Amounts payable 17/49€6.37M
Amounts payable after one year 17€1.21M
Amounts payable within one year 42/48€5.15M
Trade debts payable within one year 44€156k
Income statement
Gross operating margin 9900€1.79M
Operating result 9901€902k
Financial income 75€10k
Financial charges 65€43k
Result before taxes 9903€869k
Income taxes 67/77€129k
Net result for the period 9904€753k
Result to be appropriated 9905€790k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47811)
Legal form Public limited company(014)
Incorporation08-07-1976
StatusActive
Postal code8870
Establishment units 1 location
CAMPIRAMA
Minervastraat 7, 8870 IzegemPersonenvervoer over zee- en kustwateren
since 19762.038.318.705
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D1812/00B000 Flanders 1.4 ha 1 · 3,432 m² 10.6 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
19-03-2025
State Gazette act Director changes
Philippe DEFAUW
2024
19-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
15-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
23-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
31-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
31-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
19-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
26-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
30-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
19-03-2025 2 directors appointed, 2 resigning Director changes·Philippe DEFAUW
  • DEMUYNCK Emmanuël, Bestuurder
  • DEMUYNCK Sebastien, Bestuurder
  • DEMUYNCK Emmanuël, Bestuurder
  • DEMUYNCK Sebastien, Bestuurder
Notary: Philippe DEFAUW · Kortrijk
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Emmanu\u00EBl",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": {
        "kbo": null,
        "name": "SEBEMM",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": false,
      "effective_date": "2025-02-17",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Sebastien",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2025-02-17",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Emmanu\u00EBl",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": "1011.507.090",
        "name": "BROMANCE",
        "address": "Kloosterhof, 7, 8554 Zwevegem (Sint-Denijs)",
        "country": "BE",
        "legal_form": "CV"
      },
      "statutory": null,
      "compensated": false,
      "effective_date": "2025-02-17",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2030"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Sebastien",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": "1011.655.065",
        "name": "cBAlena",
        "address": "Steertstraat, 6, 8510 Kortrijk (Marke)",
        "country": "BE",
        "legal_form": "CV"
      },
      "statutory": null,
      "compensated": false,
      "effective_date": "2025-02-17",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2030"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "substantive_delegation",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Emmanu\u00EBl",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "DEMUYNCK Sebastien",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Philippe DEFAUW",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Kortrijk",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-19",
    "filing_date": "2025-03-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2025-02-17",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0416.344.982",
    "name_full": "CAMPIRAMA",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Philippe DEFAUW",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expeditie proces-verbaal dd 17/02/2025",
    "geco\u00F6rdineerde tekst van statuten"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in andere motorvoertuigen (> 3,5 ton)45193Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Detailhandel in andere motorvoertuigen (> 3,5 ton)47812Handel in aanhangwagens, opleggers, caravans en dergelijke50104Detailhandel in andere motorvoertuigen (> 3,5 ton)45193Handel in aanhangwagens, opleggers en caravans45194Onderhoud en reparatie van motorvoertuigen, n.e.g.45209Groothandel in aanhangwagens, opleggers en caravans46713Detailhandel in overige sportartikelen47639Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels47640Detailhandel in andere motorvoertuigen (> 3,5 ton)47812Gespecialiseerde detailhandel in sport- en kampeerartikelen52482Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110Verhuur en lease van caravans en motorhomes77393Onderhoud en reparatie van motorvoertuigen, neg95319
Primary activity highlighted.
Names & trade names
Legal nameNL CAMPIRAMA
Registered office
Minervastraat 7
8870 Izegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
O. COCQUYT BE 0413.112.904 · Brugge
GROEP LINDEN BE 0405.269.265 · Oostende
AUTOMOBIEL CENTER GENT BE 0425.070.925 · Merelbeke-Melle
Garage Ma Campagne BE 0405.579.566 · Izegem
DELBECQ BE 0425.136.647 · Seraing
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative