Debts
€46,793 73% of the balance sheet
Financial debts 63%Suppliers 7%Taxes and wages 3%Other 27%
€37,064 of the debts are secured on the company's own assets. In 2024 that was €11,807.
KAM
Lifetime
2 annual accounts with figures on one time axispeak €17,724 (2025)
€17,724▲ 14.8%
peak €6,334 (2025)
€6,334▲ 656%
peak €17,172 (2025)
€17,172▲ 58.4%
€46,793▲ 124%
peak 0.1 FTE (2024)
0.1 FTEunchanged
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €15,435 to €17,724Result from €838 to €6,334Equity from €10,838 to €17,172Debts from €20,855 to €46,793Investments €27,849Cash from €11,440 to €562
Key points
from the 2025 annual accountsInvestments
€40,460 11.2 × depreciation
Green is investment, beige is depreciation.
Position in the sector
€17,172
Less equity than 90% of companies in human health. Sector median €436,459 · 2,807 companies.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as KAM has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 7,974 companies, not a prediction for KAM. 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.
Credit verdict
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Signals
Board and ownership
Director, since 27-06-2023
Director, since 27-06-2023
- 50 sharesdeed of 29-06-2023
- 50 sharesdeed of 29-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803215626
Incorporation
Founding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 29-06-2023 · Gazette deed
First establishment
Nieuwstraat 36, Vorselaar
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KAM Vorselaar | €63,965 | €17,724 | 26.8% | 0.1 |
| SPRS.Kuurne Waregem | €112,842 | €20,270 | 5.9% | 0 |
| Kinesitherapie De Nies Berlaar | €74,648 | €19,081 | 84.8% | - |
| Flexika Brasschaat | €58,620 | €21,327 | 77.0% | - |
| Elien Keirse Kinesitherapie Rumst | €80,696 | €15,324 | 82.7% | - |
| Tamara Treubrodt Kapellen | €68,564 | €20,652 | 85.9% | - |
| Nana Jacobs Mechelen | €66,844 | €17,996 | 68.7% | - |
These companies have the same main activity as KAM: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €58,600 and €113,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 27-06-2023Normal situation
- Activity
- PhysiotherapyNACE 86951
- Establishment unit
- 2.348.189.7572290 Vorselaar, since 27-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2024
Annual accounts 2025
- ≈ €110,000estimated
- €63,965▲ 102%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-08-2026
Insights on KAM
KAM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,172 and a net result of €6,334, of which €5,984 non-recurring income.
Its solvency ranks better than 25% of 2,807 sector peers (NACE 86, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KAM
- What is the company number of KAM?
- The company number of KAM is 0803.215.626. The VAT number is the same number with BE in front: BE 0803.215.626.
- Where is KAM based?
- The registered office is at Nieuwstraat 36, 2290 Vorselaar.Company details
- What does KAM do?
- According to the KBO register, the main activity is physiotherapy (NACE 86951).
- What is the legal form of KAM?
- KAM is a private limited company (BV).
- When was KAM founded?
- KAM was founded on 27-06-2023.
- Is KAM still active?
- Yes, KAM is an active enterprise in the KBO register.
- How many employees does KAM have?
- KAM had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KAM?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €17,724 and 53 comparable companies (NACE 869). It probably lies between €69,000 and €220,000. It is a rough estimate.
- Is KAM profitable?
- In financial year 2025, KAM made a profit of €6,334.
- Where can I find the annual accounts of KAM?
- KAM filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KAM due?
- KAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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