CAMMAERTS BIKES
ActiveSummary
CAMMAERTS BIKES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €504k and a net result of €82k. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+13
Solvency51▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.05 in 2024; short-term debt: 23.7% and cash: 0.8% of total assets), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
26.2%
Return on assets
4.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
26 d late
2024
45 d late
2023
98 d late
2022
92 d late
2021
58 d late
2020
44 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€504k▲ 19.4%
2024 · €422k
2020: €2k
2021: €4k
2022: €253k
2023: €376k
2024: €422k
2020 → 2025
Total assets
€1.92M▼ 10.8%
2024 · €2.16M
2020: €166k
2021: €453k
2022: €1.68M
2023: €1.82M
2024: €2.16M
2020 → 2025
Net result
€82k▲ 78.4%
2024 · €46k
2020: €-28k
2021: €2k
2022: €103k
2023: €123k
2024: €46k
2020 → 2025
Working capital
€127k▲ 257%
2024 · €36k
2020: €-151k
2021: €-324k
2022: €-126k
2023: €35k
2024: €36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€253k▲ 6,532%€376k▲ 48.7%€422k▲ 12.2%€504k▲ 19.4%
Operating result€5k-€125k▲ 2,454%€151k▲ 21.4%€100k▼ 33.7%€150k▲ 49.4%
Net result€2k-€103k▲ 6,672%€123k▲ 19.0%€46k▼ 62.7%€82k▲ 78.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.92M
Fixed assets
€1.34M ▼ 4.9%
Current assets
€583k ▼ 22.0%
Equity and liabilities €1.92M
Equity
€504k ▲ 19.4%
Debt
€1.42M ▼ 18.1%
Debt's share of the balance-sheet total falls from 80.4% to 73.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€223k▲
2024 · €177k
Cash flow
€155k▲
2024 · €123k
Current ratio
1.28▲
2024 · 1.05
Quick ratio
0.35▲
2024 · 0.27
Debt to equity
2.82▼
2024 · 4.11
ROE
16.3%▲
2024 · 10.9%
ROA
4.3%▲
2024 · 2.1%
Interest coverage
4.30▲
2024 · 3.13
Debt ≤ 1 year
€457k▼
2024 · €712k
Debt > 1 year
€964k▼
2024 · €1.02M
Income taxes
€19k
Staff costs
€52k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.16M€1.92M▼
Fixed assets21/28€1.41M€1.34M▼
Intangible fixed assets21€651-
Tangible fixed assets22/27€1.41M€1.34M▼
Land and buildings22€1.35M€1.29M▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€3k€3k▲
Other tangible fixed assets26€50k€47k▼
Financial fixed assets28€311€311=
Current assets29/58€748k€583k▼
Stocks and contracts in progress3€555k€422k▼
Stocks30/36€555k€422k▼
Amounts receivable within one year40/41€56k€23k▼
Trade receivables40€52k€14k▼
Other amounts receivable41€4k€9k▲
Current investments50/53€121k€120k▼
Cash at bank and in hand54/58€14k€15k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.16M€1.92M▼
Equity10/15€422k€504k▲
Contributions10/11€45k€45k=
Reserves13€377k€457k▲
Distributable reserves133€377k€457k▲
Profit (loss) carried forward14€173€2k▲
Amounts payable17/49€1.74M€1.42M▼
Amounts payable after more than one year17€1.02M€964k▼
Financial debts170/4€1.02M€964k▼
Amounts payable within one year42/48€712k€457k▼
Current portion of amounts payable after more than one year42€68k€72k▲
Financial debts43€225k-
Credit institutions430/8€225k-
Trade debts44€171k€156k▼
Suppliers440/4€171k€156k▼
Advances received on contracts in progress46€5k€4k▼
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€233k€219k▼
Income statement
Code20242025
Remuneration, social security and pensions62€53k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€74k▼
Other operating charges640/8€10k€10k▼
Gross operating margin9900€240k€285k▲
Operating profit (loss)9901€100k€150k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€57k€52k▼
Recurring financial charges65€57k€52k▼
Profit (loss) for the period before taxes9903€46k€101k▲
Income taxes67/77-€19k
Profit (loss) for the period9904€46k€82k▲
Profit (loss) for the period to be appropriated9905€46k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€82k▲
Profit (loss) brought forward from the previous period14P€4k€173▼
Transfer to equity691/2€50k€80k▲
To the legal reserve6920-€80k
To other reserves6921€50k-
Social balance
Average headcount (FTE)9087-2.1
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Equity above €500kEq €504k ▲19.4%
5 profitable years in a row build equity to €504k.
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial
Highest result since 2020net €123k ▲19%
Operating result €151k, net result €123k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Equity above €200kEq €253k ▲6532%
2 profitable years in a row build equity to €253k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Namur · 1 establishment unit since 2022
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.
Chaussée de Charleroi(ML) 5095020 NamurGround area
1,606 m²
Building footprint
323 m²
Parcel 92082B0050/02R002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Cammaerts Bikes
since 20222.332.784.672
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92082B0050/02R002 | Wallonia | 1,606 m² | 1 · 323 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BT BELGIUM
BE 0810.747.081
Hamont-Achel · Eq €494k
GEEDEBO
BE 0807.921.512
Lochristi · Eq €520k
Elro Sport
BE 0747.819.718
Westerlo · Eq €532k
JIMMY CYCLES
BE 0745.968.602
Bastogne · Eq €476k
FIETSEN VERHELST
BE 0843.867.732
Kortenberg · Eq €434k
Of 207 companies in sector 46495 we hold annual accounts for 108. 80 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46495Wholesale trade
47632Retail sale of bicycles
47639Retail sale of other sporting goods
68203Renting and operating of own or leased non-residential real estate, excluding land
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cammaerts_edwig@hotmail.com
Phone:+32483036475