ACTIVE

KAMUH

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Financial year 2025 · closed on 31/12/2025

Net result

-105,5 k €

-158.7% YoY

Gross margin

454,7 k €

+14.3% YoY

Equity

523,4 k €

-16.8% YoY

Workforce

3,7 ETP

+94.7% YoY

What does KAMUH do?

KAMUH is a Private limited company incorporated in 2011. Its registered office is in Waasmunster. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0838.058.026

Incorporation

22/07/2011

Legal form

Private limited company

Registered office

Vicus Pontrave 14
9250 Waasmunster · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Joint committees (4)

124
1240
200
2000

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	454,7 k €	+14.3%	397,9 k €	+20.8%	329,4 k €	+46.0%	225,7 k €	-1.9%	230 k €	-31.8%	337,4 k €	+14.3%	295,1 k €	-7.7%	319,8 k €	-21.7%	408,2 k €	+146%	165,6 k €	-68.3%	522,4 k €	+275%	139,3 k €	+439%	25,8 k €	-62.1%	68,2 k €
EBITDA	132,1 k €	-48.6%	256,8 k €	+165%	97,1 k €	+6.1%	91,5 k €	+9.1%	83,8 k €	-23.3%	109,3 k €	+43.2%	76,4 k €	-20.7%	96,2 k €	-51.4%	197,9 k €	+1029%	-21,3 k €	-105%	426,4 k €	+258%	119 k €	+501%	19,8 k €	-61.1%	50,9 k €
Operating result	-15,2 k €	-108%	190,1 k €	+204%	62,6 k €	+8.7%	57,6 k €	+142%	23,8 k €	-56.8%	55 k €	+148%	22,1 k €	-57.6%	52,2 k €	-62.8%	140,3 k €	+257%	-89,1 k €	-125%	356,1 k €	+288%	91,7 k €	+788%	10,3 k €	-66.0%	30,4 k €
Net result	-105,5 k €	-159%	179,6 k €	+363%	38,8 k €	+80.1%	21,5 k €	+211%	6,9 k €	-67.7%	21,4 k €	-0.1%	21,4 k €	-49.9%	42,8 k €	-60.6%	108,7 k €	+240%	-77,4 k €	-131%	250,6 k €	+348%	56 k €	+635%	7,6 k €	-55.7%	17,2 k €
Balance sheet
Equity	523,4 k €	-16.8%	628,8 k €	+40.0%	449,2 k €	+9.5%	410,4 k €	+5.5%	388,8 k €	+1.8%	381,9 k €	+5.9%	360,5 k €	+6.3%	339 k €	+14.5%	296,2 k €	+57.9%	187,6 k €	-29.2%	265 k €	+167%	99,4 k €	+129%	43,4 k €	+21.3%	35,8 k €
Total assets	1,1 M €	+5.2%	1 M €	+52.2%	679,3 k €	+38.8%	489,3 k €	-19.4%	607,2 k €	+24.1%	489,1 k €	-26.8%	668 k €	+3.6%	644,9 k €	-3.4%	667,9 k €	+27.1%	525,6 k €	-22.6%	679,3 k €	+160%	261,4 k €	+127%	115,3 k €	+5.3%	109,5 k €
Cash	21,3 k €	-69.5%	69,8 k €	+736%	8,3 k €	+190%	2,9 k €	-56.5%	6,6 k €	-74.7%	26,1 k €	+118%	12 k €	+227%	3,7 k €	-74.9%	14,6 k €	+249%	4,2 k €	-55.4%	9,4 k €	+416%	1,8 k €	-66.3%	5,4 k €	+73.6%	3,1 k €
Debts	564,3 k €	+39.3%	405,2 k €	+76.1%	230,1 k €	+192%	78,9 k €	-63.9%	218,4 k €	+109%	104,7 k €	-65.7%	305 k €	-0.3%	305,9 k €	-17.7%	371,7 k €	+11.9%	332,2 k €	-19.8%	414,3 k €	+156%	162 k €	+125%	71,9 k €	-2.5%	73,7 k €
Other
Workforce	3,7 ETP	+94.7%	1,9 ETP	-65.5%	5,5 ETP	+120%	2,5 ETP	-100.0%	136 834,5 ETP	-35.6%	212 559,5 ETP		–		–		6,8 ETP		–		4,7 ETP	+683%	0,6 ETP	+200%	0,2 ETP	-60.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Muhammet Yilmaz

Director

Active

Ended mandates

Muhammet Yilmaz

Director · since 26 février 2024

Ended

LAMA BITAR

Associate · since 01 janvier 2016

Ended

KADIR YILMAZ

Associate · since 18 juillet 2011

Ended

MUHAMMET YILMAZ

Manager · since 18 juillet 2011

Ended

At this address

Other companies at this address

Company	CBE no.
ZENOTRADING● Active	0765.692.957

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	26/07/2026	21/08/2025	31/07/2024	27/07/2023	25/08/2022	23/08/2021
General meeting	26/06/2026	20/08/2025	30/06/2024	30/06/2023	24/06/2022	25/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	26/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/08/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	25/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	30/06/2021	Dutch	PDF
Micro model	31/12/2018	28/06/2019	05/12/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2019	03/07/2019	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/12/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	07/08/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 7 ended

Active mandates

Muhammet Yilmaz

Director

Active

Ended mandates

Muhammet Yilmaz

Director · since 26 février 2024

Ended

LAMA BITAR

Associate · since 01 janvier 2016

Ended

KADIR YILMAZ

Associate · since 18 juillet 2011

Ended

MUHAMMET YILMAZ

Manager · since 18 juillet 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/02/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/06/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other03/08/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-105,5 k €↓
2024
Annual accounts 2024179,6 k €↑
2023
Annual accounts 202338,8 k €↑
2022
Annual accounts 202221,5 k €↑
2021
Annual accounts 20216,9 k €↓
2020
Annual accounts 202021,4 k €↓
2019
Annual accounts 201921,4 k €↓
2018
Annual accounts 201842,8 k €↓
2017
Annual accounts 2017108,7 k €↑
2016
Annual accounts 2016-77,4 k €↓
2015
Annual accounts 2015250,6 k €↑
2014
Annual accounts 201456 k €↑
2013
Annual accounts 20137,6 k €↓
2012
Annual accounts 201217,2 k €
22/07/2011
IncorporationPrivate 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

KAMUH

Overview

What does KAMUH do?

Trend over 14 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