Checked.be
Active
BE 0819.820.739Private limited company
KAMARKO
Zwaluwweg 63 ·3140 Keerbergen, Belgium· 16 yrs active
Sector: Agents in the wholesale of furniture, household goods and hardware
(46150)
Conclusion
KAMARKO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €309k and a net result of €44k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 49% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €309k |
| Net result | €44k |
| Better than sector | 49% |
| Active | 16 yrs |
Financial profile
61
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
53
Profitability
71
Solvency
49
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2009, 16 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.
Checked score
53
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€16k
estimate, not credit advice
Score history
58
2021
53
2022
64
2023
53
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.19 (< 1.0)
-10
Quick ratio
Quick ratio 0.19 (< 0.6)
-5
Leverage
Debt/equity 1.59 (< 2.0)
+3
Profitability
ROE 14% (≥ 10%)
+10
Interest coverage
Interest coverage 16.0× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-09-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±2.4%/year).
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).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.6% | 39.5% | |
| Net result | €44k | €5k | |
| Equity | €309k | €56k | |
| Gross operating margin | €90k | €26k | |
| Total assets | €802k | €175k |
€88k
-58.3%
21-24
€44k
-71.0%
21-24
€66k
-64.6%
21-24
€802k
-55.6%
21-24
€309k
-57.2%
21-24
€-310k
+11.1%
21-24
€17k
+40577.2%
21-24
€12k
-60.0%
21-24
€493k
-54.5%
21-24
€382k
-19.4%
21-24
€109k
-81.6%
21-24
0.19
-28.8%
21-24
0.19
-28.8%
21-24
38.6%
-3.7%
21-24
1.59
+6.4%
21-24
14.3%
-32.2%
21-24
5.5%
-34.7%
21-24
15.95
+97.1%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €88k | €212k | €253k | €218k |
| Net profit | €44k | €152k | €117k | €199k |
| Cash flow | €66k | €186k | €161k | €242k |
| Staff costs | - | - | - | - |
| Income taxes | €17k | €43 | €66k | €49k |
| Dividends | - | €12k | €30k | €17k |
| Total assets | €802k | €1.81M | €1.94M | €1.56M |
| Equity | €309k | €723k | €583k | €495k |
| Debt | €493k | €1.08M | €1.36M | €1.06M |
| of which ≤ 1y | €382k | €474k | €573k | €187k |
| of which > 1y | €109k | €592k | €773k | €864k |
| Working capital | €-310k | €-349k | €-393k | €-32k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.19 | 0.26 | 0.31 | 0.83 |
| Quick ratio | 0.19 | 0.26 | 0.31 | 0.83 |
| Working capital ratio | -38.7% | -19.3% | -20.2% | -2.0% |
| Solvency | 38.6% | 40.1% | 30.0% | 31.8% |
| Debt / equity | 1.59 | 1.50 | 2.33 | 2.15 |
| Long-term debt ratio | 0.35 | 0.82 | 1.33 | 1.74 |
| Interest coverage | 15.95 | 8.09 | 9.64 | 7.96 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 5.5% | 8.4% | 6.0% | 12.8% |
| ROE | 14.3% | 21.1% | 20.1% | 40.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €802k | €1.81M | €1.94M | €1.56M |
| Fixed assets | 21/28 | €730k | €1.68M | €1.76M | €1.40M |
| Tangible fixed assets | 22/27 | €730k | €730k | €813k | €454k |
| Financial fixed assets | 28 | €102 | €950k | €950k | €950k |
| Current assets | 29/58 | €72k | €125k | €180k | €155k |
| Amounts receivable within one year | 40/41 | €48k | €77k | €116k | €122k |
| Cash & bank | 54/58 | €24k | €48k | €63k | €33k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €802k | €1.81M | €1.94M | €1.56M |
| Equity | 10/15 | €309k | €723k | €583k | €495k |
| Contributions / capital | 10/11 | €7k | €19k | €19k | €19k |
| Reserves | 13 | €236k | €524k | €386k | €316k |
| Accumulated profits (losses) | 14 | €67k | €181k | €179k | €161k |
| Amounts payable | 17/49 | €493k | €1.08M | €1.36M | €1.06M |
| Amounts payable after one year | 17 | €109k | €592k | €773k | €864k |
| Amounts payable within one year | 42/48 | €382k | €474k | €573k | €187k |
| Trade debts payable within one year | 44 | €1k | €282k | €233k | €6k |
| Income statement | |||||
| Gross operating margin | 9900 | €90k | €214k | €254k | €220k |
| Operating result | 9901 | €67k | €179k | €209k | €175k |
| Financial income | 75 | €249 | €18 | €290 | €100k |
| Financial charges | 65 | €6k | €26k | €26k | €27k |
| Result before taxes | 9903 | €62k | €152k | €184k | €248k |
| Income taxes | 67/77 | €17k | €43 | €66k | €49k |
| Net result for the period | 9904 | €44k | €152k | €117k | €199k |
| Result to be appropriated | 9905 | €44k | €152k | €117k | €228k |
Legal Structure
| NACE primary | Agents in the wholesale of furniture, household goods and hardware(46150) |
| Legal form | Private limited company(610) |
| Incorporation | 16-10-2009 |
| Status | Active |
| Postal code | 3140 |
Establishment units
KAMARKO
since 20092.182.012.624
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472F0013/00M000 | Flanders | 3,119 m² | 1 · 246 m² | 6.7 m · 1 fl. |
| 23062B0172/00V002 | Flanders | 781 m² | 1 · 145 m² | 7.8 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €44k ▼71%
Net result drops to €44k, the lowest in the series.
02-12
State Gazette act
Capital & shares
Willem Muyshondt
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €500kEq €583k ▲17.6%
2 profitable years in a row build equity to €583k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 1
02-12-2024
Capital change
All acts · 1
updated 1 year ago
2024
02-12-2024 Share split
Notary:
Willem Muyshondt · Halle
Technical details
{
"events": [
{
"kind": "share_split",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": 79,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Willem Muyshondt",
"firm_city": null,
"firm_name": null,
"office_city": "Halle",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-02",
"filing_date": "2024-11-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2024-10-16",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2024-10-16"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0819.820.739",
"name_full": "KAMARKO",
"legal_form": "Besloten vennootschap",
"_kbo_filled_from_list": true,
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [],
"share_classes_after": []
}Credit advice
Company registry (CBE)
Activities
Agents in the wholesale of furniture, household goods and hardware46150Holdings64200Activities of holding companies64210Buying and selling of own real estate68110Renting and operating of own or leased residential real estate, excluding social housing68201Business and other management consultancy70200Activities of head offices; management consultancy activities70210Business consulting70220Public relations and communication consultancy73300
Names & trade names
| Legal nameNL | KAMARKO |
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