GARAGE CAMMAERT
ActiveSummary
GARAGE CAMMAERT has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.32M and a net result of €55k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+4
Solvency52▲+11
Growth60▼-3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.23 in 2024; short-term debt: 56.6% and cash: 3.3% of total assets), but 73.5% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
26.5%
Return on assets
0.6%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
34 d early
2023
33 d early
2022
38 d early
2021
27 d early
2020
12 d early
2019
25 d early
← 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, full schema
Turnover
€30.28M▼ 14.2%
2024 · €35.28M
2018: €35.38M
2019: €35.70M
2020: €26.15M
2021: €33.79M
2022: €32.37M
2023: €33.74M
2024: €35.28M
2018 → 2025
EBIT margin
0.7%▼ 0.3pp
2024 · 1.0%
2018: 0.4%
2019: 0.4%
2020: 0.3%
2021: 0.5%
2022: 0.6%
2023: 0.9%
2024: 1.0%
2018 → 2025
Net result
€55k▼ 51.3%
2024 · €114k
2018: €21k
2019: €27k
2020: €57k
2021: €89k
2022: €96k
2023: €101k
2024: €114k
2018 → 2025
Working capital
€2.69M▲ 6.1%
2024 · €2.53M
2018: €2.49M
2019: €2.49M
2020: €2.27M
2021: €2.83M
2022: €2.64M
2023: €2.28M
2024: €2.53M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€33.79M-€32.37M▼ 4.2%€33.74M▲ 4.2%€35.28M▲ 4.6%€30.28M▼ 14.2%
Equity€1.96M-€2.05M▲ 4.9%€2.15M▲ 4.9%€2.27M▲ 5.3%€2.32M▲ 2.4%
Operating result€180k-€192k▲ 6.6%€299k▲ 55.8%€337k▲ 12.7%€198k▼ 41.1%
Net result€89k-€96k▲ 7.6%€101k▲ 5.0%€114k▲ 12.5%€55k▼ 51.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.75M
Fixed assets
€1.11M ▲ 31.4%
Current assets
€7.64M ▼ 44.2%
Equity and liabilities €8.75M
Equity
€2.32M ▲ 2.4%
Provisions
€532k ▲ 11.7%
Debt
€5.90M ▼ 50.0%
Debt's share of the balance-sheet total falls from 81.1% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€403k▼
2024 · €504k
Cash flow
€260k▼
2024 · €280k
Current ratio
1.54▲
2024 · 1.23
Quick ratio
0.85▲
2024 · 0.77
Debt to equity
2.54▼
2024 · 5.20
ROE
2.4%▼
2024 · 5.0%
ROA
0.6%▼
2024 · 0.8%
Interest coverage
3.70▲
2024 · 3.02
Debt ≤ 1 year
€4.95M▼
2024 · €11.16M
Debt > 1 year
€846k▲
2024 · €454k
Income taxes
€33k▼
2024 · €57k
Staff costs
€1.97M▲
2024 · €1.84M
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 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14.54M€8.75M▼
Fixed assets21/28€844k€1.11M▲
Tangible fixed assets22/27€742k€1.01M▲
Land and buildings22€201k€172k▼
Plant, machinery and equipment23€145k€135k▼
Furniture and vehicles24€397k€700k▲
Financial fixed assets28€102k€102k=
Affiliated companies280/1€100k€100k=
Participating interests280€100k€100k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€13.69M€7.64M▼
Stocks and contracts in progress3€5.14M€3.44M▼
Stocks30/36€5.14M€3.44M▼
Goods purchased for resale34€5.14M€3.44M▼
Amounts receivable within one year40/41€8.29M€3.80M▼
Trade receivables40€8.13M€3.80M▼
Other amounts receivable41€159k€2k▼
Cash at bank and in hand54/58€220k€288k▲
Deferred charges and accrued income490/1€40k€114k▲
Equity and liabilities
Total equity and liabilities10/49€14.54M€8.75M▼
Equity10/15€2.27M€2.32M▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€1.16M€1.16M=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€48k€48k=
Distributable reserves133€1.10M€1.10M=
Profit (loss) carried forward14€1.04M€1.09M▲
Provisions and deferred taxes16€476k€532k▲
Provisions for liabilities and charges160/5€476k€532k▲
Major repairs and maintenance162€240k€180k▼
Other liabilities and charges164/5€236k€352k▲
Amounts payable17/49€11.79M€5.90M▼
Amounts payable after more than one year17€454k€846k▲
Financial debts170/4€454k€846k▲
Credit institutions173€454k€316k▼
Other loans174-€530k
Amounts payable within one year42/48€11.16M€4.95M▼
Current portion of amounts payable after more than one year42€164k€137k▼
Financial debts43€149k€149k▼
Credit institutions430/8€122k€122k=
Other loans439€27k€27k▼
Trade debts44€9.69M€4.43M▼
Suppliers440/4€9.69M€4.43M▼
Taxes, remuneration and social security45€481k€213k▼
Taxes450/3€304k€24k▼
Remuneration and social security454/9€177k€189k▲
Other amounts payable47/48€677k€22k▼
Accrued charges and deferred income492/3€181k€98k▼
Income statement
Code20242025
Operating income70/76A€35.45M€30.55M▼
Turnover70€35.28M€30.28M▼
Other operating income74€174k€269k▲
Operating charges60/66A€35.11M€30.35M▼
Goods for resale, raw materials and consumables60€31.67M€26.70M▼
Purchases600/8€30.57M€25.00M▼
Change in stocks: decrease (increase)609€1.10M€1.70M▲
Services and other goods61€1.46M€1.34M▼
Remuneration, social security and pensions62€1.84M€1.97M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166k€205k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€913€66k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-42k€56k▲
Other operating charges640/8€17k€12k▼
Operating profit (loss)9901€337k€198k▼
Financial income75/76B€115€102▼
Recurring financial income75€115€102▼
Other financial income752/9€115€102▼
Financial charges65/66B€167k€110k▼
Recurring financial charges65€167k€110k▼
Debt charges650€167k€109k▼
Other financial charges652/9-€1k
Profit (loss) for the period before taxes9903€170k€88k▼
Income taxes67/77€57k€33k▼
Taxes670/3€57k€33k▼
Profit (loss) for the period9904€114k€55k▼
Profit (loss) for the period to be appropriated9905€114k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.04M€1.09M▲
Profit (loss) brought forward from the previous period14P€924k€1.04M▲
Social balance
Average headcount (FTE)908725.329.1▲
The notes to these accounts (58 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €114k ▲12.5%
Operating result €337k, net result €114k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2MEq €2.05M ▲4.9%
5 profitable years in a row build equity to €2.05M.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Pajottegem · 1 establishment unit since 1987
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.
Ninoofse Steenweg 481755 PajottegemGround area
5,896 m²
Building footprint
1,615 m²
Volume, LiDAR
8,747 m³
Parcel 23024D0458/00T005, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE CAMMAERT
since 19872.029.362.932
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024D0458/00T005 | Flanders | 5,896 m² | 1 · 1,615 m² | 8.0 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,663 EUR awarded · 2,663 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,663 EUR | 2,663 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
9 live approvals · 8 endedAutotechnieken duaal (so)
Koetswerk duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Spuiter carrosserie (vwo)
Show 3 more
Spuiter carrosserie duaal (so)
Voorbewerker carrosserie (vwo)
Voorbewerker carrosserie duaal (so)
Show 8 ended approvals
Autotechnieken duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Autotechnieken duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
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Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 595 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 formPublic limited company
Founded26-11-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
29100Manufacture of motor vehicles, trailers and semi-trailers
29201Manufacture of motor vehicles, trailers and semi-trailers
29202Manufacture of motor vehicles, trailers and semi-trailers
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
66290Activities auxiliary to financial services and insurance activities
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.cammaertnv.be
E-mail:gooik@cammaertnv.be