KAMAZ
ActiveSummary
The computed 12-month bankruptcy probability of KAMAZ is 3.4% (moderate). The 2025 annual accounts show equity of €103,975 and a net result of €25,796. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 3762 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-12
Solvency64▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.13 in 2024; short-term debt: 17.9% and cash: 11.3% of total assets), but 61.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.9%
Return on assets
9.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
14 d late
2024
2 d early
2023
5 d early
2022
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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 28 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€103,975▲ 33.0%
2024 · €78,180
Total assets
€267,270▼ 11.2%
2024 · €301,023
Net result
€25,796▼ 55.6%
2024 · €58,090
Working capital
€46,072▲ 306%
2024 · €11,354
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€33,174-€20,409▼ 38.5%€86,345▲ 323%€47,853▼ 44.6%
Net result€22,217within the sector's middle half-€8,373within the sector's middle half▼ 62.3%€58,090within the sector's middle half▲ 594%€25,796within the sector's middle half▼ 55.6%
Equity€42,217within the sector's middle half-€50,590within the sector's middle half▲ 19.8%€78,180within the sector's middle half▲ 54.5%€103,975within the sector's middle half▲ 33.0%
Total assets€266,622within the sector's middle half-€244,331within the sector's middle half▼ 8.4%€301,023within the sector's middle half▲ 23.2%€267,270within the sector's middle half▼ 11.2%
Debt€224,405-€193,742▼ 13.7%€222,843▲ 15.0%€163,295▼ 26.7%
Working capital€18,071within the sector's middle half-€18,349within the sector's middle half▲ 1.5%€11,354within the sector's middle half▼ 38.1%€46,072within the sector's middle half▲ 306%
Solvency15.8%within the sector's middle half-20.7%within the sector's middle half▲ 4.9pp26.0%within the sector's middle half▲ 5.3pp38.9%within the sector's middle half▲ 12.9pp
Current ratio1.35within the sector's middle half-1.42within the sector's middle half▲ 0.071.13within the sector's middle half▼ 0.291.96within the sector's middle half▲ 0.84
Return on assets (ROA)8.3%within the sector's middle half-3.4%within the sector's middle half▼ 4.9pp19.3%above the sector's middle half▲ 15.9pp9.7%within the sector's middle half▼ 9.6pp
Staff (FTE)2.1below the sector's middle half-3.6within the sector's middle half▲ 71.4%3.9within the sector's middle half▲ 8.3%4.5within the sector's middle half▲ 15.4%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €267,270
Fixed assets
€173,413 ▼ 13.2%
Current assets
€93,858 ▼ 7.2%
Equity and liabilities €267,270
Equity
€103,975 ▲ 33.0%
Debt
€163,295 ▼ 26.7%
Debt's share of the balance-sheet total falls from 74.0% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77,328▼
2024 · €109,108
Cash flow
€55,271▼
2024 · €80,853
Quick ratio
1.83▲
2024 · 1.06
Debt to equity
1.57▼
2024 · 2.85
ROE
24.8%▼
2024 · 74.3%
Interest coverage
7.75▼
2024 · 9.01
Debt ≤ 1 year
€47,786▼
2024 · €89,774
Debt > 1 year
€115,509▼
2024 · €133,069
Income taxes
€11,242▼
2024 · €12,500
Staff costs
€196,310▲
2024 · €176,038
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €72,488 | €145,378 | €176,038 | €196,310 | ▲ 11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,521 | €18,596 | €22,763 | €29,475 | ▲ 29.5% |
| Other operating charges640/8 | €1,734 | €1,855 | €1,983 | €1,188 | ▼ 40.1% |
| Gross operating margin9900 | €117,918 | €186,237 | €287,128 | €274,826 | ▼ 4.3% |
| Operating profit (loss)9901 | €33,174 | €20,409 | €86,345 | €47,853 | ▼ 44.6% |
| Financial income75/76B | €1 | €0 | €0 | €30 | ▲ 13,741% |
| Recurring financial income75 | €1 | €0 | €0 | €30 | ▲ 13,741% |
| Financial charges65/66B | €5,803 | €9,036 | €15,755 | €10,845 | ▼ 31.2% |
| Recurring financial charges65 | €5,803 | €9,036 | €12,115 | €9,979 | ▼ 17.6% |
| Non-recurring financial charges66B | - | - | €3,640 | €866 | ▼ 76.2% |
| Profit (loss) for the period before taxes9903 | €27,372 | €11,373 | €70,590 | €37,038 | ▼ 47.5% |
| Income taxes67/77 | €5,155 | €3,000 | €12,500 | €11,242 | ▼ 10.1% |
| Profit (loss) for the period9904 | €22,217 | €8,373 | €58,090 | €25,796 | ▼ 55.6% |
| Profit (loss) for the period to be appropriated9905 | €22,217 | €8,373 | €58,090 | €25,796 | ▼ 55.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €266,622 | €244,331 | €301,023 | €267,270 | ▼ 11.2% |
| Fixed assets21/28 | €196,368 | €182,376 | €199,895 | €173,413 | ▼ 13.2% |
| Tangible fixed assets22/27 | €196,368 | €182,376 | €199,895 | €173,413 | ▼ 13.2% |
| Land and buildings22 | €157,082 | €145,978 | €134,874 | €123,770 | ▼ 8.2% |
| Plant, machinery and equipment23 | €13,077 | €15,433 | €14,903 | €12,426 | ▼ 16.6% |
| Furniture and vehicles24 | €26,210 | €20,965 | €50,118 | €37,217 | ▼ 25.7% |
| Current assets29/58 | €70,253 | €61,955 | €101,128 | €93,858 | ▼ 7.2% |
| Stocks and contracts in progress3 | - | €1,252 | €5,864 | €6,450 | ▲ 10.0% |
| Stocks30/36 | - | €1,252 | €5,864 | €6,450 | ▲ 10.0% |
| Amounts receivable within one year40/41 | €57,285 | €58,196 | €61,697 | €57,305 | ▼ 7.1% |
| Trade receivables40 | €57,203 | €50,610 | €43,535 | €50,888 | ▲ 16.9% |
| Other amounts receivable41 | €82 | €7,586 | €18,162 | €6,416 | ▼ 64.7% |
| Cash at bank and in hand54/58 | €12,538 | €2,246 | €31,658 | €30,103 | ▼ 4.9% |
| Deferred charges and accrued income490/1 | €430 | €261 | €1,910 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €266,622 | €244,331 | €301,023 | €267,270 | ▼ 11.2% |
| Equity10/15 | €42,217 | €50,590 | €78,180 | €103,975 | ▲ 33.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | €30,590 | €58,180 | €83,975 | ▲ 44.3% |
| Distributable reserves133 | - | €30,590 | €58,180 | €83,975 | ▲ 44.3% |
| Profit (loss) carried forward14 | €22,217 | - | - | - | - |
| Amounts payable17/49 | €224,405 | €193,742 | €222,843 | €163,295 | ▼ 26.7% |
| Amounts payable after more than one year17 | €166,724 | €150,136 | €133,069 | €115,509 | ▼ 13.2% |
| Financial debts170/4 | €166,724 | €150,136 | €133,069 | €115,509 | ▼ 13.2% |
| Amounts payable within one year42/48 | €52,183 | €43,606 | €89,774 | €47,786 | ▼ 46.8% |
| Current portion of amounts payable after more than one year42 | €10,080 | €13,179 | €10,406 | €10,573 | ▲ 1.6% |
| Trade debts44 | €11,694 | €11,182 | €12,037 | €4,555 | ▼ 62.2% |
| Suppliers440/4 | €11,694 | €11,182 | €12,037 | €4,555 | ▼ 62.2% |
| Advances received on contracts in progress46 | €9,632 | - | - | €4,229 | - |
| Taxes, remuneration and social security45 | €3,127 | €19,244 | €41,406 | €26,817 | ▼ 35.2% |
| Taxes450/3 | €3,127 | €1,063 | €12,253 | €3,205 | ▼ 73.8% |
| Remuneration and social security454/9 | - | €18,181 | €29,153 | €23,612 | ▼ 19.0% |
| Other amounts payable47/48 | €17,648 | - | €25,925 | €1,612 | ▼ 93.8% |
| Accrued charges and deferred income492/3 | €5,498 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,217 | €8,373 | €58,090 | €25,796 | ▼ 55.6% |
| + Depreciation and write-downs630 | €10,521 | €18,596 | €22,763 | €29,475 | ▲ 29.5% |
| Operating cash flow (approximation) | €32,738 | €26,968 | €80,853 | €55,271 | ▼ 31.6% |
| Investment in fixed assets (approximation) | - | -€4,604 | -€40,281 | -€2,993 | ▲ 92.6% |
| Change in cash | - | -€10,292 | €29,412 | -€1,555 | ▼ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
31-12
Financial
Equity above €100,000Eq €103,975 ▲33%
4 profitable years in a row build equity to €103,975.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2022net €58,090 ▲594%
Operating result €86,345, net result €58,090, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €8,373 ▼62.3%
Net result drops to €8,373, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aartselaar · 1 establishment unit since 2021
Ground area
3,550 m²
Building footprint
1,212 m²
Volume, LiDAR
4,529 m³
Parcel 11001B0110/00L000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kontichsesteenweg 30, 2630 Aartselaar
since 20212.325.904.404
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0110/00L000 | Flanders | 3,549 m² | 1 · 1,212 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAartselaar2.325.904.404
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0778402036
Also
9925:BE0778402036
Registered
05-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.