Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CAMPINE is 0.2% (very low). The 2024 annual accounts show equity of €33.50M and a net result of €13.60M. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 41 sector peers (fiscal year 2024). The company has been active since 1912 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend 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-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 11 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 15-07-2025, 16 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 5 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 | 15-07-2025 | 16 d early | 2025-00272296 |
| 31-12-2023 | 31-07-2024 | 12-07-2024 | 19 d early | 2024-00270405 |
| 31-12-2022 | 31-07-2023 | 29-06-2023 | 32 d early | 2023-00184837 |
| 31-12-2021 | 31-07-2022 | 19-08-2022 | 19 d late | 2022-20304307 |
| 31-12-2020 | 31-07-2021 | 15-06-2021 | 46 d early | 2021-20300210 |
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 signalsLong-established
Founded in 1912, 113 years in business.
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 everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€195.11M+46.7%
EBIT margin10.2%+5.8pp
Net result€13.60M+256.7%
Working capital€10.86M-9.6%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 15-07-2025 with the NBB · fiscal year 2024 · volledig
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
No trend projection for this company: it files both statutory and consolidated annual accounts. The statutory figures above track the parent, and they jump when activities move inside the group, not when the business grows or shrinks. A trend through such a series measures a restructuring, not a business trajectory.
Sector comparison
Fiscal year 2024 · NACE 24 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.8% | 31.9% | |
| Net result | €13.60M | €14k | |
| Equity | €33.50M | €72k | |
| Total assets | €102.12M | €338k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P51
Stable position over 2022-2024
· n=33-41
P95
Stable position over 2022-2024
· n=33-41
P95
Stable position over 2022-2024
· n=33-41
P95
Stable position over 2022-2024
· n=33-41
Describes the position versus peers, not a forecast.
€195.11M
+46.7%
18-24
€23.53M
+160.4%
18-24
€13.60M
+256.7%
18-24
€17.27M
+143.8%
18-24
€102.12M
+42.2%
18-24
€33.50M
+24.8%
18-24
€10.86M
-9.6%
18-24
127
+0.7%
18-24
€13.20M
+10.2%
18-24
€4.58M
+281.5%
18-24
€6.75M
+50.0%
18-24
€67.93M
+53.6%
18-24
€59.35M
+48.1%
18-24
€8.25M
+120.0%
18-24
1.18
-9.0%
18-24
0.53
-16.5%
18-24
32.8%
-12.3%
18-24
2.03
+23.1%
18-24
40.6%
+185.9%
18-24
13.3%
+150.8%
18-24
7.0%
+143.2%
18-24
12.1%
+77.5%
18-24
20.73
+78.0%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €195.11M |
| EBITDA | €23.53M |
| Net profit | €13.60M |
| Cash flow | €17.27M |
| Staff costs | €13.20M |
| Income taxes | €4.58M |
| Dividends | €6.75M |
| Total assets | €102.12M |
| Equity | €33.50M |
| Debt | €67.93M |
| of which ≤ 1y | €59.35M |
| of which > 1y | €8.25M |
| Working capital | €10.86M |
| Employees (FTE) | 126.5 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.18 |
| Quick ratio | 0.53 |
| Working capital ratio | 10.6% |
| Solvency | 32.8% |
| Debt / equity | 2.03 |
| Long-term debt ratio | 0.25 |
| Interest coverage | 20.73 |
| Gross margin | 7.2% |
| Net margin | 7.0% |
| ROA | 13.3% |
| ROE | 40.6% |
| EBITDA margin | 12.1% |
| Days sales outstanding | 37d |
| Days payable outstanding | 12d |
| Inventory turnover | 4.71 |
| Days inventory (DSI) | 78d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €102.12M |
| Fixed assets | 21/28 | €31.91M |
| Intangible fixed assets | 21 | €270k |
| Tangible fixed assets | 22/27 | €25.73M |
| Financial fixed assets | 28 | €5.90M |
| Current assets | 29/58 | €70.21M |
| Stocks & contracts in progress | 3 | €38.47M |
| Amounts receivable within one year | 40/41 | €31.42M |
| Cash & bank | 54/58 | €85k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €102.12M |
| Equity | 10/15 | €33.50M |
| Contributions / capital | 10/11 | €4.00M |
| Reserves | 13 | €6.94M |
| Accumulated profits (losses) | 14 | €22.19M |
| Provisions & deferred taxes | 16 | €681k |
| Amounts payable | 17/49 | €67.93M |
| Amounts payable after one year | 17 | €8.25M |
| Amounts payable within one year | 42/48 | €59.35M |
| Trade debts payable within one year | 44 | €5.77M |
| Income statement | ||
| Turnover | 70 | €195.11M |
| Operating result | 9901 | €19.86M |
| Financial income | 75 | €2.95M |
| Financial charges | 65 | €4.67M |
| Result before taxes | 9903 | €18.14M |
| Income taxes | 67/77 | €4.58M |
| Net result for the period | 9904 | €13.60M |
| Result to be appropriated | 9905 | €13.58M |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed84
/ 100
Excellent
Computed from 6 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 with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
20 directorsCurrent directors & mandates
-
Dina BrughmansDirectorState Gazette act 25076602 (18-06-2025)Current18-06-2025 → present
-
Léonard HempelDirectorState Gazette act 25076602 (18-06-2025)Current18-06-2025 → present
-
Jokecon 2.0 BVLegal entityDirectorState Gazette act 24086667 (07-06-2024)Current07-06-2024 → present
-
Ann De SchepperDirectorState Gazette act 23076243 (12-06-2023)Current12-06-2023 → present
-
Hans-Rudolf OrgsDirectorState Gazette act 22071500 (16-06-2022)Current16-06-2022 → present
-
FLG Belgium SRLLegal entityOnafhankelijke bestuurderState Gazette act 21068866 (10-06-2021)Current10-06-2021 → present
-
Willem De VosGedelegeerd bestuurderState Gazette act 23076243 (12-06-2023)Current17-06-2019 → present
2 events
- 12-06-2023 Appointed· Gedelegeerd bestuurder
- 17-06-2019 Appointed· Gedelegeerd bestuurder
-
F.-W. HempelDirectorState Gazette act 25076602 (18-06-2025)Current05-06-2018 → present
3 events
- 18-06-2025 Appointed· Director
- 10-06-2021 Appointed· Director
- 05-06-2018 Appointed· Director
-
Patrick De GrooteDirectorState Gazette act 23076243 (12-06-2023)Current07-06-2007 → present
3 events
- 12-06-2023 Appointed· Director
- 17-06-2019 Appointed· Director
- 07-06-2007 Appointed· Director
Historic, not recently confirmed (9)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
FLG Belgium sprlLegal entityOnafhankelijk bestuurderState Gazette act 18087280 (05-06-2018)Not recently confirmedlast confirmed in an act from 2018
-
H.-R. OrgsDirectorState Gazette act 18087280 (05-06-2018)Not recently confirmedlast confirmed in an act from 2018
2 events
- 05-06-2018 Appointed· Director
- 28-05-2015 Appointed· Director
-
Zendics BVBALegal entityPersoon belast met het dagelijks bestuurState Gazette act 17127698 (06-09-2017)Not recently confirmedlast confirmed in an act from 2017
3 events
- 06-09-2017 Appointed· Persoon belast met het dagelijks bestuur
- 06-09-2017 Appointed· Compliance officer
- 28-05-2015 Appointed· Onafhankelijk bestuurder
-
BERNUS BVBALegal entityOnafhankelijk bestuurderState Gazette act 17074612 (26-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Christulf BVBАOnafhankelijk bestuurderState Gazette act 17074612 (26-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
A. HempelDirectorState Gazette act 15075420 (28-05-2015)Not recently confirmedlast confirmed in an act from 2015
-
DELOX BVBALegal entityDirectorState Gazette act 15075420 (28-05-2015)Not recently confirmedlast confirmed in an act from 2015
-
EW. HempelDirectorState Gazette act 15075420 (28-05-2015)Not recently confirmedlast confirmed in an act from 2015
-
G. KrekelDirectorState Gazette act 15075420 (28-05-2015)Not recently confirmedlast confirmed in an act from 2015
Former directors (2)
-
Christian DewulfDirectorState Gazette act 18158131 (26-10-2018)Former- → 26-10-2018
-
Geert KrekelBestuurder, gedelegeerd bestuurder (ceo), compliance officerState Gazette act 17127698 (06-09-2017)Former- → 06-09-2017
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
3 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| EY Bedrijfsrevisoren BVCurrent Statutory auditor |
- | 07-06-2024 → present |
| Deloitte Bedrijfsrevisoren Statutory auditor |
- | 26-05-2017 → 10-06-2021 |
| Harry Everaerts Statutory auditor succeeded by EY Bedrijfsrevisoren BV in 2024 |
- | 10-06-2021 → 07-06-2024 |
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 | Productie van andere non-ferrometalen(24450) |
| Legal form | Public limited company(014) |
| Incorporation | 30-12-1912 |
| Status | Active |
| Postal code | 2340 |
Structure & network
Locations & real estate
Establishment units
1 locationNijverheidsstraat 2, 2340 Beerse
since 19122.004.118.384
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area8.7 ha
Buildings1
Building footprint844 m²
Volume (LiDAR)6,541 m³
Tallest building14.8 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004E0001/00B085 | Flanders | 8.7 ha | 1 · 844 m² | 14.8 m · 2 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
17 acts All acts · 17
updated 1 year ago
2025
18-06-2025 3 directors appointed
- Dina Brughmans, Bestuurder
- F.-W. Hempel, Bestuurder
- Léonard Hempel, Bestuurder
Summary:
v3.2
11-06-2025 Change in the board of directors
Summary:
v3.2
2024
07-06-2024 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Antwerpen, afderURNHOLT · Antwerpen
2023
12-06-2023 3 directors appointed
- Patrick De Groote, Bestuurder
- Willem De Vos, Gedelegeerd bestuurder
- Ann De Schepper, Bestuurder
Summary:
v3.2
2022
16-06-2022 Hans-Rudolf Orgs appointed as director
2021
10-06-2021 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Dimitri CLEENEWERCK de CRAYENCOUR · Turnhout
2020
06-07-2020 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
P. De Groote · Antwerpen
2019
25-10-2019 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Marie-Ghislaine Brosens · Beerse
17-06-2019 2 directors appointed
- Patrick De Groote, Bestuurder
- Willem De Vos, Gedelegeerd bestuurder
Summary:
v3.2
2018
26-10-2018 Christian Dewulf resigns as director
05-06-2018 3 directors appointed
- F.-W. Hempel, Bestuurder
- H.-R. Orgs, Bestuurder
- FLG Belgium sprl, Onafhankelijk bestuurder
Summary:
v3.2
02-01-2018 Articles of association amended
Summary:
v3.2
2017
06-09-2017 2 directors appointed, 1 resigning
- Zendics BVBA, Persoon belast met het dagelijks bestuur
- Zendics BVBA, Compliance officer
- Geert Krekel, Bestuurder, gedelegeerd bestuurder (ceo), compliance officer
Summary:
v3.2
26-05-2017 3 directors appointed
- Christulf BVBА, Onafhankelijk bestuurder
- BERNUS BVBA, Onafhankelijk bestuurder
- Deloitte Bedrijfsrevisoren, Commissaris
Summary:
v3.2
2016
25-05-2016 Change in the board of directors
Summary:
v3.2
2015
28-05-2015 6 directors appointed
- EW. Hempel, Bestuurder
- H.-R. Orgs, Bestuurder
- G. Krekel, Bestuurder
- A. Hempel, Bestuurder
- DELOX BVBA, Bestuurder
- ZENDICS BVBA, Onafhankelijk bestuurder
Summary:
v3.2
2007
07-06-2007 Patrick De Groote appointed as director
Analysis
Snowflake analysis
financial profile on 5 axes78
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
84
Profitability
73
Solvency
56
Growth
76
Stability
100
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Company registry (CBE)
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Primary activity highlighted.
Names & trade names
| Legal nameNL | CAMPINE |
Registered office
Nijverheidsstraat 2
2340 Beerse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.