KAM · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KAM is 0.2% (very low). The 2024 annual accounts show equity of €11k and a net result of €838. Its solvency ranks better than 39% of 382 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. 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
31-12-2024	31-07-2025	27-08-2025	27 d late	2025-00426396

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 2023, 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

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

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€838

Working capital€-4k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · verkort

Sector comparison

Fiscal year 2024 · NACE 86, Human health · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	34.2%	50.3%	better than 39% of 382 sector peers
Net result	€838	€72k	better than 15% of 372 sector peers
Equity	€11k	€127k	better than 14% of 382 sector peers
Gross operating margin	€15k	€179k	better than 11% of 372 sector peers
Staff costs	€2k	€134k	higher than 5% of 178 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€11k
Net profit	€838
Cash flow	€9k
Staff costs	€2k
Income taxes	€850
Dividends	-
Total assets	€32k
Equity	€11k
Debt	€21k
of which ≤ 1y	€21k
of which > 1y	-
Working capital	€-4k
Employees (FTE)	0.1

Ratios (computed)

	2024
Current ratio	0.82
Quick ratio	0.82
Working capital ratio	-12.0%
Solvency	34.2%
Debt / equity	1.92
Long-term debt ratio	-
Interest coverage	18.80
Gross margin	-
Net margin	-
ROA	2.6%
ROE	7.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €15k · 46.2% Current assets €17k · 53.8%

Equity & liabilities

Equity €11k · 34.2% Debt €21k · 65.8%

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	€32k
Fixed assets	21/28	€15k
Tangible fixed assets	22/27	€15k
Current assets	29/58	€17k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€11k
Contributions / capital	10/11	€10k
Reserves	13	€838
Amounts payable	17/49	€21k
Amounts payable within one year	42/48	€21k
Trade debts payable within one year	44	€8k
Income statement
Gross operating margin	9900	€15k
Operating result	9901	€2k
Financial income	75	€1
Financial charges	65	€578
Result before taxes	9903	€2k
Income taxes	67/77	€850
Net result for the period	9904	€838
Result to be appropriated	9905	€838

Ratios computed by Checked.

Health barometer

FY 2024 · computed

54 / 100 Fair

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.

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

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.

Nieuwstraat 362290 Vorselaar

Establishment units

1 location

KAM

Nieuwstraat 36, 2290 VorselaarKinesitherapie activiteiten

since 20232.348.189.757

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,546 m²

Buildings1

Building footprint262 m²

Volume (LiDAR)1,254 m³

Tallest building7.9 m · ±2 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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13044G0285/00A000	Flanders	1,546 m²	1 · 262 m²	7.9 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

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

55 / 100

Mixed profile: strong on stability, weaker on profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 54

Profitability 39

Solvency 49

Growth -

Stability 79

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