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KAEMINGK

Active
Public limited companyfounded 1991active for 35 yearsGrachtschelde 36, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0445.209.907
Summary

KAEMINGK has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €278,702. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 72% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 23-09-1991 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 2 others
Establishment unit
2.055.233.030 9700 Oudenaarde, since 05-12-1991
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • De Vos JanDirector · since 15-07-2021
Shareholders
  • MALPERTUUS· score 972023 annual accounts of MALPERTUUS

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.2m
▲ 0.8%
Turnover
≈ €5.2m
estimated
Profit
€278,702
▲ 1.7%
Equity
€1.6m
▼ 7.9%
Total assets
€2.5m
▼ 7.0%
Employees on 31-12-2025
18
▲ 12.5%
Score breakdownlowers riskLiquidity: current ratio 3.59, cash €1.0mFounded in 1991Equity €1.6m (65.5% of total assets)Profit of €278,702 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 90-1
equity 65.5% of total assets
Liquidity 91+18
short-term debt 24.7% · cash 40.9%
Profitability 83+1
return on assets 11.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.59 (4.79 in 2024), above the usual 1.5. Short-term debt is 24.7% and cash 40.9% of total assets. 34.5% of the assets are financed with debt and provisions.
Calculation

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 46, micro). It does better than 71% of them on solvency, 90% on liquidity, 77% on profitability and 28% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.59, cash €1.0m
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.6m (65.5% of total assets)
NBB · annual accounts
lowers risk · Profit of €278,702 (financial year 2025)
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
51 days early
2023
57 days early
2022
54 days early
2021
23 days early
2020
54 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 08-06-2026 PDF all 35 filings

Turnover
≈ €5.2m
Estimated: probably between €3.1m and €8.8m
Total assets
€2.5m▼ 7.0%
2024 · €2.7m
Net result
€278,702▲ 1.7%
2024 · €274,170
Working capital
€1.6m▼ 21.5%
2024 · €2.0m
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€403,221
▼ 1.9% 2025
20182025
Net result
€278,702
▲ 1.7% 2025
highest quarter of the sector
20182025
Equity
€1.6m
▼ 7.9% 2025
highest quarter of the sector
20182025
Total assets
€2.5m
▼ 7.0% 2025
highest quarter of the sector
20182025
Debt
€856,707
▼ 5.3% 2025
20182025
Working capital
€1.6m
▼ 21.5% 2025
highest quarter of the sector
20182025
Solvency
65.5%
▼ 0.6pp 2025
middle half of the sector
20182025
Current ratio
3.59
▼ 1.19 2025
highest quarter of the sector
20182025
Return on assets (ROA)
11.2%
▲ 1.0pp 2025
highest quarter of the sector
20182025
Staff (FTE)
9.9
▲ 2.1% 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.2m▲ 26.8%€0.08m▼ 55.3%€0.2m▲ 198%€0.8m▲ 253%€0.3m▼ 65.2%€0.4m▲ 39.0%€0.4m▼ 1.9%
Net result€0.09m-€0.1m▲ 33.6%€0.07mwithin the sector's middle half▼ 44.6%€0.2mwithin the sector's middle half▲ 143%€0.5mabove the sector's middle half▲ 239%€0.2mabove the sector's middle half▼ 63.4%€0.3mabove the sector's middle half▲ 37.5%€0.3mabove the sector's middle half▲ 1.7%
Equity€0.4m-€0.5m▲ 30.0%€0.6mwithin the sector's middle half▲ 12.8%€0.7mwithin the sector's middle half▲ 27.5%€1.3mabove the sector's middle half▲ 73.1%€1.5mabove the sector's middle half▲ 15.4%€1.8mabove the sector's middle half▲ 18.4%€1.6mabove the sector's middle half▼ 7.9%
Total assets€2.1m-€1.8m▼ 12.9%€1.6mwithin the sector's middle half▼ 8.0%€2.0mwithin the sector's middle half▲ 18.7%€2.9mabove the sector's middle half▲ 50.0%€2.3mwithin the sector's middle half▼ 20.7%€2.7mwithin the sector's middle half▲ 14.6%€2.5mabove the sector's middle half▼ 7.0%
Debt€1.7m-€1.3m▼ 23.2%€1.1m▼ 16.5%€1.2m▲ 13.8%€1.6m▲ 35.8%€0.8m▼ 49.1%€0.9m▲ 7.9%€0.9m▼ 5.3%
Working capital€1.4m-€1.1m▼ 23.6%€1.0mabove the sector's middle half▼ 11.3%€1.1mabove the sector's middle half▲ 17.6%€1.7mabove the sector's middle half▲ 52.5%€1.7mabove the sector's middle half▼ 1.8%€2.0mabove the sector's middle half▲ 19.3%€1.6mabove the sector's middle half▼ 21.5%
Solvency19.4%-28.9%▲ 9.5pp35.4%within the sector's middle half▲ 6.5pp38.1%within the sector's middle half▲ 2.7pp44.0%within the sector's middle half▲ 5.9pp64.0%within the sector's middle half▲ 20.0pp66.1%within the sector's middle half▲ 2.1pp65.5%within the sector's middle half▼ 0.6pp
Current ratio3.55-2.90▼ 0.653.04above the sector's middle half▲ 0.142.83within the sector's middle half▼ 0.212.68within the sector's middle half▼ 0.154.53above the sector's middle half▲ 1.854.79above the sector's middle half▲ 0.263.59above the sector's middle half▼ 1.19
Return on assets (ROA)4.3%-6.7%▲ 2.3pp4.0%within the sector's middle half▼ 2.6pp8.2%within the sector's middle half▲ 4.2pp18.6%above the sector's middle half▲ 10.3pp8.6%within the sector's middle half▼ 10.0pp10.3%within the sector's middle half▲ 1.7pp11.2%above the sector's middle half▲ 1.0pp
Staff (FTE)11.6-10.7▼ 7.8%8.4above the sector's middle half▼ 21.5%11above the sector's middle half▲ 31.0%9.6above the sector's middle half▼ 12.7%9above the sector's middle half▼ 6.3%9.7above the sector's middle half▲ 7.8%9.9above the sector's middle half▲ 2.1%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 2% lower than in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets €280,354 ▲ 152%
Current assets €2.2m ▼ 13.9%
Equity and liabilities €2.5m
Equity €1.6m ▼ 7.9%
Debt €856,707 ▼ 5.3%
Debt's share of the balance-sheet total rises from 33.9% to 34.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€445,491▼
2024 · €460,765
Cash flow
€320,971▼
2024 · €323,938
Debt to equity
0.53▲
2024 · 0.51
ROE
17.2%▲
2024 · 15.5%
Interest coverage
20.89▲
2024 · 16.65
Debt ≤ 1 year
€612,711▲
2024 · €534,236
Debt > 1 year
€220,000▼
2024 · €340,000
Income taxes
€134,515▼
2024 · €139,663
Staff costs
€796,192▲
2024 · €771,327
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date209101618
full-time104565
part-time10551013
in full-time equivalents17.58.28.913.114
Average over the year, in full-time equivalents119.699.79.9
On a permanent contract119101010
Joined1388610492135
Left1359710486133

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€47,432€29,865€35,055€8,901€211,511
Financial fixed assets----€0
Depreciation and write-downs of the year€56,150€55,231€51,266€49,767€42,269

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.5m▼
Fixed assets21/28€0.1m€0.3m▲
Tangible fixed assets22/27€0.1m€0.3m▲
Plant, machinery and equipment23€0.002m€0.001m▼
Furniture and vehicles24€0.04m€0.1m▲
Other tangible fixed assets26€0.07m€0.2m▲
Financial fixed assets28€50€50=
Current assets29/58€2.6m€2.2m▼
Amounts receivable within one year40/41€0.2m€0.1m▼
Trade receivables40€0.2m€0.09m▼
Other amounts receivable41€0.01m€0.005m▼
Current investments50/53€1.7m€1.1m▼
Cash at bank and in hand54/58€0.6m€1.0m▲
Deferred charges and accrued income490/1€0.03m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.5m▼
Equity10/15€1.8m€1.6m▼
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€1.7m€1.6m▼
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Distributable reserves133€1.7m€1.6m▼
Profit (loss) carried forward14-€0
Amounts payable17/49€0.9m€0.9m▼
Amounts payable after more than one year17€0.3m€0.2m▼
Other amounts payable178/9€0.3m€0.2m▼
Amounts payable within one year42/48€0.5m€0.6m▲
Trade debts44€0.3m€0.4m▲
Suppliers440/4€0.3m€0.4m▲
Taxes, remuneration and social security45€0.3m€0.2m▼
Taxes450/3€0.06m€0.05m▼
Remuneration and social security454/9€0.2m€0.2m▼
Other amounts payable47/48€0.01m€0.03m▲
Accrued charges and deferred income492/3€0.03m€0.02m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.8m€0.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.04m▼
Other operating charges640/8€0.003m€0.003m▲
Gross operating margin9900€1.2m€1.2m▲
Operating profit (loss)9901€0.4m€0.4m▼
Financial income75/76B€0.03m€0.03m▲
Recurring financial income75€0.03m€0.03m▲
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.4m€0.4m▼
Income taxes67/77€0.1m€0.1m▼
Profit (loss) for the period9904€0.3m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.3m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.3m▲
Transfer from equity791/2-€0.4m
Transfer to equity691/2€0.3m€0.3m▲
To other reserves6921€0.3m€0.3m▲
Profit to be distributed694/7-€0.4m
Return on contributions (dividend)694-€0.4m
Social balance sheet
Average headcount (FTE)90879.79.9▲

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-06-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-----
Remuneration, social security and pensions62---€0.6m€0.7m€0.7m€0.8m€0.8m▲ 3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.06m€0.06m€0.06m€0.06m€0.05m€0.05m€0.04m▼ 15.1%
Other operating charges640/8---€0.004m€0.004m€0.003m€0.003m€0.003m▲ 0.6%
Gross operating margin9900€0.8m€0.8m€0.7m€0.9m€1.6m€1.1m€1.2m€1.2m▲ 0.8%
Operating profit (loss)9901€0.1m€0.2m€0.08m€0.2m€0.8m€0.3m€0.4m€0.4m▼ 1.9%
Financial income75/76B---€376€89€0.02m€0.03m€0.03m▲ 2.7%
Recurring financial income75€412€0.001m€0.02m€376€89€0.02m€0.03m€0.03m▲ 2.7%
Financial charges65/66B---€0.001m€0.02m€0.02m€0.03m€0.02m▼ 22.9%
Recurring financial charges65€400€0.001m€0.001m€0.001m€0.02m€0.02m€0.03m€0.02m▼ 22.9%
Profit (loss) for the period before taxes9903€0.1m€0.2m€0.1m€0.2m€0.8m€0.3m€0.4m€0.4m▼ 0.1%
Income taxes67/77€0.05m€0.06m€0.03m€0.08m€0.3m€0.1m€0.1m€0.1m▼ 3.7%
Profit (loss) for the period9904€0.09m€0.1m€0.07m€0.2m€0.5m€0.2m€0.3m€0.3m▲ 1.7%
Profit (loss) for the period to be appropriated9905€0.09m€0.1m€0.07m€0.2m€0.5m€0.2m€0.3m€0.3m▲ 1.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.1m€1.8m€1.6m€2.0m€2.9m€2.3m€2.7m€2.5m▼ 7.0%
Fixed assets21/28€0.08m€0.1m€0.2m€0.2m€0.2m€0.2m€0.1m€0.3m▲ 152%
Tangible fixed assets22/27€0.08m€0.1m€0.2m€0.2m€0.2m€0.2m€0.1m€0.3m▲ 152%
Plant, machinery and equipment23---€0.008m€0.003m€0.003m€0.002m€0.001m▼ 45.3%
Furniture and vehicles24---€0.08m€0.07m€0.06m€0.04m€0.1m▲ 190%
Other tangible fixed assets26---€0.1m€0.1m€0.09m€0.07m€0.2m▲ 139%
Financial fixed assets28€0.001m€0.001m€50€50€50€50€50€50=
Current assets29/58€2.0m€1.7m€1.4m€1.8m€2.8m€2.2m€2.6m€2.2m▼ 13.9%
Amounts receivable within one year40/41€0.6m€0.6m€0.3m€0.5m€0.02m€0.6m€0.2m€0.1m▼ 54.1%
Trade receivables40---€0.5m€0.001m€0.5m€0.2m€0.09m▼ 53.4%
Other amounts receivable41---€0€0.02m€0.1m€0.01m€0.005m▼ 62.5%
Current investments50/53----€0.4m€0.6m€1.7m€1.1m▼ 37.4%
Cash at bank and in hand54/58€1.3m€1.1m€1.1m€1.3m€2.3m€1.0m€0.6m€1.0m▲ 63.4%
Deferred charges and accrued income490/1---€0.001m€0€0.02m€0.03m€0.02m▼ 6.2%
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.8m€1.6m€2.0m€2.9m€2.3m€2.7m€2.5m▼ 7.0%
Equity10/15€0.4m€0.5m€0.6m€0.7m€1.3m€1.5m€1.8m€1.6m▼ 7.9%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.3m€0.5m€0.5m€0.7m€1.2m€1.4m€1.7m€1.6m▼ 8.2%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Distributable reserves133---€0.7m€1.2m€1.4m€1.7m€1.6m▼ 8.2%
Profit (loss) carried forward14-------€0-
Amounts payable17/49€1.7m€1.3m€1.1m€1.2m€1.6m€0.8m€0.9m€0.9m▼ 5.3%
Amounts payable after more than one year17€1.1m€0.7m€0.6m€0.6m€0.6m€0.3m€0.3m€0.2m▼ 35.3%
Other amounts payable178/9---€0.6m€0.6m€0.3m€0.3m€0.2m▼ 35.3%
Amounts payable within one year42/48€0.6m€0.6m€0.5m€0.6m€1.0m€0.5m€0.5m€0.6m▲ 14.7%
Trade debts44€0.3m€0.4m€0.3m€0.4m€0.6m€0.2m€0.3m€0.4m▲ 34.1%
Suppliers440/4---€0.4m€0.6m€0.2m€0.3m€0.4m▲ 34.1%
Taxes, remuneration and social security45---€0.2m€0.5m€0.2m€0.3m€0.2m▼ 10.9%
Taxes450/3---€0.08m€0.3m€0.04m€0.06m€0.05m▼ 4.7%
Remuneration and social security454/9---€0.1m€0.2m€0.2m€0.2m€0.2m▼ 12.6%
Other amounts payable47/48------€0.01m€0.03m▲ 152%
Accrued charges and deferred income492/3---€0.003m€0.03m€0.02m€0.03m€0.02m▼ 20.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.09m€0.1m€0.07m€0.2m€0.5m€0.2m€0.3m€0.3m▲ 1.7%
+ Depreciation and write-downs630€0.04m€0.06m€0.06m€0.06m€0.06m€0.05m€0.05m€0.04m▼ 15.1%
Operating cash flow (approximation)€0.1m€0.2m€0.1m€0.2m€0.6m€0.3m€0.3m€0.3m▼ 0.9%
Investment in fixed assets (approximation)--€0.1m-€0.1m-€0.05m-€0.03m-€0.02m-€0.009m-€0.2m▼ 2,276%
Change in cash--€0.2m€0.03m€0.2m€1.0m-€1.4m-€0.3m€0.4m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 31,368 companies had the same profile as KAEMINGK has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KAEMINGK itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for KAEMINGK. 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.

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 08-06-2026 2026-00144481 PDF
31-12-2024 abbreviated format 10-06-2025 2025-00129504 PDF
31-12-2023 abbreviated format 04-06-2024 2024-00109392 PDF
31-12-2022 abbreviated format 07-06-2023 2023-00114697 PDF
31-12-2021 abbreviated format 08-07-2022 2022-20163578 PDF
31-12-2020 abbreviated format 07-06-2021 2021-17700169 PDF
31-12-2019 abbreviated format 18-06-2020 2020-17900348 PDF
31-12-2018 abbreviated format 06-06-2019 2019-16600560 PDF
31-12-2017 abbreviated format 05-06-2018 2018-16900517 PDF
31-12-2016 abbreviated format 09-06-2017 2017-16500132 PDF

Show all 35 filings

Board & ownership

Directors

Directors
1 director
De Vos Jan
Director · since 15-07-2021 · listed in the 2025 annual accounts, filed on 08-06-2026
Current

Owners and capital

Shareholders

1 owner

Owners 1

Network & group

Connections & network

1 current director
Depth

The network starts from the directors of KAEMINGK. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
08-06
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 53 days before the deadline
2025
10-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 51 days before the deadline
2024
04-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 57 days before the deadline
2023
07-06
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 54 days before the deadline
2022
31-12
Financial Highest result from 2018 to 2025net €545,275 ▲239%
The operating result of €848,784 and the net result of €545,275 are both a record.
31-12
Financial Equity above €1mequity €1.3m ▲73.1%
With a profit in every financial year since 2018, equity grows to €1.3m.
08-07
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 23 days before the deadline
2021
07-06
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 54 days before the deadline
2020
31-12
Financial Weakest financial yearnet €66,347 ▼44.6%
The net result drops to €66,347, the lowest from 2018 to 2025. It recovers the following year.
18-06
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 43 days before the deadline
2019
31-12
Financial Equity above €500,000equity €518,180 ▲30%
With a profit in every financial year since 2018, equity grows to €518,180.
06-06
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 55 days before the deadline
Show earlier events
2018
05-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 56 days before the deadline
2017
09-06
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 52 days before the deadline
1991
12-10
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 September 1991, KAEMINGK was incorporated.1 Total assets went from €2.1m in 2018 to €2.5m in 2025 and headcount from 11.6 to 9.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name KAEMINGK in Dutch
Enterprise number 0445.209.907
Legal form Public limited company
Status Active, normale toestand
Founded 23-09-1991
Entity type Legal entity

Registered office and establishments

Registered office Grachtschelde 36, 9700 Oudenaarde, Belgium
Establishment unit Grachtschelde 36, 9700 Oudenaarde since 05-12-1991 · unit number 2.055.233.0304643101 Wholesale of electrical household appliances and audio-video equipment

Activities

NACEBEL 2025
VAT activities
46900 Non-specialised wholesale trade main activity
47781 Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Social security (RSZ) activities
46499 Wholesale of other household goods main activity
Codes under NACEBEL 2008
VAT activities
46900 Non-specialised wholesale trade main activity
47990 Retail trade
Social security (RSZ) activities
46499 Wholesale of other household goods main activity
Codes under NACEBEL 2003
VAT activities
51900 main activity
52630
Social security (RSZ) activities
51478 main activity

Invoicing and payment

VAT number BE 0445.209.907
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0445209907
Other Peppol ID 9925:BE0445209907
Registered 09-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment approximate The establishment unit on the map