ACTIVE

Cammaert

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Financial year 2025 · closed on 31/12/2025

Net result

28,4 k €

-77.6% YoY

Gross margin

641 k €

-0.5% YoY

Equity

779,7 k €

-9.5% YoY

What does Cammaert do?

Cammaert is a Public limited company incorporated in 1998. Its registered office is in Kortenberg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.218.361

Incorporation

05/01/1998

Legal form

Public limited company

Registered office

Kiewitstraat 69
3070 Kortenberg · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	641 k €	-0.5%	644,2 k €	+19.1%	541 k €	-8.3%	589,8 k €	+18.1%	499,3 k €	+8.7%	459,5 k €	-22.4%	591,9 k €	-23.2%	770,8 k €	+24.8%	617,7 k €	-0.4%	620,3 k €	+9.1%	568,7 k €	+17.0%	486,1 k €	+2.4%	474,9 k €	+16.5%	407,6 k €	+27.4%	319,9 k €	+5.5%	303,2 k €	-10.0%	336,9 k €	+8.8%	309,6 k €	+19.2%	259,8 k €	+0.1%	259,6 k €
EBITDA	160,1 k €	-28.0%	222,2 k €	+76.9%	125,6 k €	+481%	-32,9 k €	-140%	83,3 k €	-37.0%	132,3 k €	+18.7%	111,5 k €	-53.2%	238,2 k €	+65.6%	143,8 k €	-17.6%	174,7 k €	+17.1%	149,1 k €	+2.2%	145,9 k €	+1.0%	144,5 k €	-26.3%	196 k €	+45.2%	135 k €	+2.7%	131,5 k €	-23.8%	172,6 k €	+18.0%	146,3 k €	+2.1%	143,3 k €	-24.9%	190,9 k €
Operating result	74,9 k €	-46.2%	139 k €	+202%	46,1 k €	+149%	-94,4 k €	-1807%	-4,9 k €	-109%	52,2 k €	+93.4%	27 k €	-81.5%	146 k €	+241%	42,9 k €	-46.8%	80,6 k €	+41.1%	57,1 k €	+21.8%	46,9 k €	+26.5%	37,1 k €	-68.5%	117,7 k €	+133%	50,6 k €	+0.5%	50,3 k €	-44.2%	90,1 k €	+58.0%	57 k €	-9.6%	63,1 k €	-39.5%	104,3 k €
Net result	28,4 k €	-77.6%	126,6 k €	+302%	31,5 k €	+130%	-103,6 k €	-801%	-11,5 k €	-131%	37,3 k €	+210%	-33,9 k €	-129%	117 k €	+1725%	6,4 k €	-86.3%	46,9 k €	+164%	17,8 k €	-11.1%	20 k €	-7.2%	21,5 k €	-82.1%	120,3 k €	+164%	45,5 k €	+17.4%	38,8 k €	-35.7%	60,3 k €	+23.5%	48,9 k €	+17.5%	41,6 k €	-40.3%	69,6 k €
Balance sheet
Equity	779,7 k €	-9.5%	861,3 k €	+17.2%	734,6 k €	+4.5%	703,1 k €	-12.8%	806,7 k €	-1.4%	818,2 k €	+4.8%	780,9 k €	-4.2%	814,8 k €	+16.8%	697,8 k €	+0.9%	691,4 k €	+7.3%	644,5 k €	+2.8%	626,7 k €	+3.3%	606,8 k €	+3.7%	585,2 k €	+25.9%	465 k €	+10.9%	419,4 k €	+10.2%	380,6 k €	+18.8%	320,3 k €	+11.5%	287,3 k €	+7.1%	268,1 k €
Total assets	960,4 k €	-2.5%	985,2 k €	+10.3%	893,4 k €	-28.1%	1,2 M €	-16.2%	1,5 M €	-3.0%	1,5 M €	+6.0%	1,4 M €	-10.2%	1,6 M €	+5.8%	1,5 M €	-10.4%	1,7 M €	+6.7%	1,6 M €	-5.1%	1,7 M €	+0.8%	1,7 M €	+65.6%	1 M €	+10.1%	910,8 k €	-0.4%	914,8 k €	-0.3%	917,7 k €	-2.4%	940,2 k €	-4.4%	983,9 k €	-6.1%	1 M €
Cash	309,3 k €	+24.5%	248,4 k €	+28.1%	193,9 k €	-48.3%	375 k €	+14.0%	328,9 k €	+8.6%	302,8 k €	+38.9%	218 k €	+49.6%	145,7 k €	-34.6%	222,9 k €	+11.8%	199,4 k €	-25.3%	267,2 k €	+14.0%	234,3 k €	+66.8%	140,4 k €	-16.7%	168,6 k €	-20.5%	212 k €	+44.6%	146,6 k €	+88.4%	77,8 k €	-31.9%	114,3 k €	-42.1%	197,2 k €	-33.2%	295,1 k €
Debts	178,6 k €	+44.6%	123,5 k €	-22.2%	158,8 k €	-70.6%	539,4 k €	-16.6%	646,8 k €	-8.9%	710 k €	+7.4%	661,2 k €	-14.7%	775,2 k €	-2.3%	793,4 k €	-17.5%	961,7 k €	+2.1%	941,5 k €	-10.1%	1 M €	-0.1%	1 M €	+157%	407,7 k €	-6.6%	436,3 k €	-9.3%	480,9 k €	+1.2%	475,1 k €	-20.7%	598,7 k €	-10.4%	668,1 k €	-11.9%	758,6 k €
Other
Workforce	–		–		–		–		9,8 ETP	-1.0%	9,9 ETP	-10.0%	11,0 ETP	-12.0%	12,5 ETP	+13.6%	11,0 ETP	-6.0%	11,7 ETP	+5.4%	11,1 ETP	+22.0%	9,1 ETP	+11.0%	8,2 ETP	+64.0%	5,0 ETP	0.0%	5,0 ETP	+66.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-18.9%	3,7 ETP	+37.0%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

CARLA CAMMAERT

Managing director

Active

KOEN CAMMAERT

Director

Active

KRIS DE DECKER

Director

Active

At this address

Other companies at this address

Company	CBE no.
DELTACO● Active	0458.390.128

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/09/2026	30/08/2025	26/09/2024	27/09/2023	01/09/2022	25/10/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	23/09/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	26/09/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	01/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	22/10/2020	20/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	04/05/2020	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	15/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/06/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	28/07/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	29/11/2011	26/12/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	21/07/2010	Dutch	PDF
Abridged model	31/12/2008	22/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

CARLA CAMMAERT

Managing director

Active

KOEN CAMMAERT

Director

Active

KRIS DE DECKER

Director

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/04/2006
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202528,4 k €↓
2024
Annual accounts 2024126,6 k €↑
2023
Annual accounts 202331,5 k €↑
2022
Annual accounts 2022-103,6 k €↓
2021
Annual accounts 2021-11,5 k €↓
2020
Annual accounts 202037,3 k €↑
2019
Annual accounts 2019-33,9 k €↓
2018
Annual accounts 2018117 k €↑
2017
Annual accounts 20176,4 k €↓
2016
Annual accounts 201646,9 k €↑
2015
Annual accounts 201517,8 k €↓
2014
Annual accounts 201420 k €↓
2013
Annual accounts 201321,5 k €↓
2012
Annual accounts 2012120,3 k €↑
2011
Annual accounts 201145,5 k €↑
2010
Annual accounts 201038,8 k €↓
2009
Annual accounts 200960,3 k €↑
2008
Annual accounts 200848,9 k €↑
2007
Annual accounts 200741,6 k €↓
2006
Annual accounts 200669,6 k €
05/01/1998
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cammaert

Overview

What does Cammaert do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline