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CAM NZ

Active
Limited partnership· 4 yrs active
Louizalaan 240 ·1050 Brussel, Belgium
KBO/BCE: BE 0785.580.036
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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CAM NZ is 1.6% (moderate). The 2024 annual accounts show equity of €6.74M and a net result of €-23k. Equity is growing by ~36.1% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

1 signal · with evidence
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 17-06-2025 44 d early 2025-00154614
31-12-2023 31-07-2024 17-06-2024 44 d early 2024-00142529
31-12-2022 31-07-2023 17-07-2023 14 d early 2023-00247059

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.6% Moderate
0%0,5%1,5%4%10%≥25%
Lower-risk legal form Young company +No NACE activity registered +

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-23k+80.0%
Working capital€651k-48.9%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · volledig
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2022: €-165k€-165kNet result 2022: €-1.83M€-1.83MOperating result 2023: €-115k€-115kNet result 2023: €-115k€-115kOperating result 2024: €-35k€-35kNet result 2024: €-23k€-23k202220232024
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 ~36.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€2.50M€5.00M€7.50M€10.00M€12.50M2025: €8.56M (€8.02M - €9.10M)2026: €10.39M (€9.85M - €10.92M)2027: €12.21M (€11.67M - €12.75M)2022: €3.09M2023: €5.06M2024: €6.74M202220232024202520262027
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).

Net profit
€-23k
+80.0% 22-24
Total assets
€6.74M
+32.3% 22-24
Equity
€6.74M
+33.1% 22-24
Working capital
€651k
-48.9% 22-24
Debt
€3k
-90.6% 22-24
Debt ≤ 1y
€3k
-47.8% 22-24
Current ratio
218.00
-2.1% 22-24
Quick ratio
218.00
-2.1% 22-24
Solvency
100.0%
+0.6% 22-24
Debt / equity
0.00
-92.9% 22-24
ROE
-0.3%
+84.9% 22-24
ROA
-0.3%
+84.9% 22-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA-
Net profit€-23k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€6.74M
Equity€6.74M
Debt€3k
of which ≤ 1y€3k
of which > 1y-
Working capital€651k
Employees (FTE)-
Ratios (computed)
2024
Current ratio218.00
Quick ratio218.00
Working capital ratio9.7%
Solvency100.0%
Debt / equity0.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-0.3%
ROE-0.3%
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€6.74M
Fixed assets 21/28€6.09M
Financial fixed assets 28€6.09M
Current assets 29/58€654k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€602k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€6.74M
Equity 10/15€6.74M
Contributions / capital 10/11€8.71M
Accumulated profits (losses) 14€-1.97M
Amounts payable 17/49€3k
Amounts payable within one year 42/48€3k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€-35k
Operating result 9901€-35k
Financial income 75€12k
Financial charges 65€122
Result before taxes 9903€-23k
Net result for the period 9904€-23k
Result to be appropriated 9905€-23k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
73 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent
Statutory auditor · represented by Jean-François Bernard
- 04-09-2025 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Limited partnership(612)
Incorporation29-04-2022
StatusActive
Postal code1050

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizalaan 2401050 Brussel

Establishment units

1 location
CAM NZ
Louizalaan 240, 1050 ElseneBeleggingstrusts en -fondsen en vergelijkbare financiële instellingen
since 20222.335.023.194
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area975 m²
Buildings1
Building footprint1,484 m²
Volume (LiDAR)27,640 m³
Tallest building31.4 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0121/00A008 Brussels 975 m² 1 · 1,484 m² 31.4 m · 6 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

20 acts
Capital history · 18
16-04-2026
Capital increase: share_type: actions B, shares_issued: 403200
16-04-2026
Capital increase: share_type: actions B, shares_issued: 288000
14-04-2026
Capital increase: share_type: actions B, shares_issued: 864000, payment_status: entièrement libérés
14-04-2026
Capital increase: share_type: actions B, shares_issued: 144000
02-10-2025
v3.2
19-09-2025
v3.2
19-09-2025
v3.2
11-12-2024
v3.2
29-08-2024
v3.2
29-08-2024
v3.2
01-07-2024
v3.2
24-04-2024
v3.2
20-10-2023
v3.2
26-06-2023
v3.2
04-05-2023
v3.2
All acts · 20 updated 4 months ago
2026
16-04-2026 Act object · Capital increase · Officer appointment · Board meeting Open-capture extraction
  • Filing: 2026-04-08 · CAM NZ
  • Publication: 2026-04-16 · CAM NZ
  • Act object: Augmentation des capitaux propres disponible dans le cadre du capital autorisé. · CAM NZ
  • Capital increase: share_type: actions B, shares_issued: 403200 · CAM NZ
  • Officer appointment: role: Gérant · Constance Alexis
  • Board meeting: 2025-12-05 · CAM NZ
Summary: Act object · Capital increase · Officer appointment · Board meeting
16-04-2026 Act object · Capital increase · Officer appointment Open-capture extraction
  • Filing: 2026-04-08 · CAM NZ
  • Publication: 2026-04-16 · CAM NZ
  • Act object: Augmentation des capitaux propres disponible dans le cadre du capital autorisé. · CAM NZ
  • Capital increase: share_type: actions B, shares_issued: 288000 · CAM NZ
  • Officer appointment: role: Gérant · Constance Alexis
Summary: Act object · Capital increase · Officer appointment
14-04-2026 Act object · Capital increase · Approval Open-capture extraction
  • Act object: Augmentation des capitaux propres disponible dans le cadre du capital autorisé. · CAM NZ
  • Filing: 2026-04-07 · CAM NZ
  • Publication: 2026-04-14 · CAM NZ
  • Capital increase: share_type: actions B, shares_issued: 864000, payment_status: entièrement libérés · CAM NZ
  • Approval: date: 2026-03-10, role: administrateur délégué (également dénommé gérant statutaire) · Constance Alexis
Summary: Act object · Capital increase · Approval
14-04-2026 Act object · Capital increase · Approval Open-capture extraction
  • Filing: 2026-04-07 · CAM NZ
  • Publication: 2026-04-14 · CAM NZ
  • Act object: Augmentation des capitaux propres disponible dans le cadre du capital autorisé. · CAM NZ
  • Capital increase: share_type: actions B, shares_issued: 144000 · CAM NZ
  • Approval: date: 2025-09-26, role: Gérant · Constance Alexis
Summary: Act object · Capital increase · Approval
2025
02-10-2025 Capital increase of €360,000 to €10,436,200 Capital & shares
  • €10.076.200 → €10.436.200
Summary: v3.2
19-09-2025 Capital increase of €576,000 to €10,076,200 Capital & shares
  • €9.500.200 → €10.076.200
Summary: v3.2
19-09-2025 Capital increase of €792,000 to €9,500,200 Capital & shares
  • €8.708.200 → €9.500.200
Summary: v3.2
04-09-2025 Jean-François Bernard reappointed as statutory auditor Director changes
  • Jean-François Bernard, Commissaris
Summary: v3.2
2024
11-12-2024 Capital increase of €216,000 to €8,708,200 Capital & shares
  • €8.492.200 → €8.708.200
Summary: v3.2
29-08-2024 Capital increase of €691,200 to €8,492,200 Capital & shares
  • €7.801.000 → €8.492.200
Summary: v3.2
29-08-2024 Capital increase of €504,000 to €7,801,000 Capital & shares
  • €7.297.000 → €7.801.000
Summary: v3.2
01-07-2024 Capital increase of €288,000 to €7,297,000 Capital & shares
  • €7.009.000 → €7.297.000
Summary: v3.2
24-04-2024 Capital increase of €1,008,000 to €7,009,000 Capital & shares
  • €6.001.000 → €7.009.000
Summary: v3.2
2023
20-10-2023 Capital increase of €360,000 to €6,001,000 Capital & shares
  • €5.641.000 → €6.001.000
Summary: v3.2
26-06-2023 Capital increase of €720,000 to €5,641,000 Capital & shares
  • €4.921.000 → €5.641.000
Summary: v3.2
04-05-2023 Capital increase of €72,000 to €4,921,000 Capital & shares
  • €4.849.000 → €4.921.000
Summary: v3.2
22-02-2023 Capital increase of €216,000 to €4,849,000 Capital & shares
  • €4.633.000 → €4.849.000
Summary: v3.2
2022
12-12-2022 Capital increase of €1,728,000 to €4,633,000 Capital & shares
  • €2.905.000 → €4.633.000
Summary: v3.2
12-12-2022 Capital increase of €576,000 to €2,905,000 Capital & shares
  • €2.329.000 → €2.905.000
Summary: v3.2
03-05-2022 Incorporation of a new SComm Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health73Profitability0Solvency100Growth78Stability94
69 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 73
Profitability 0
Solvency 100
Growth 78
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR CAM NZ
Registered office
Louizalaan 240 bus 14
1050 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.