BELCAPIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €791,259 and a net result of -€127,673. Equity is shrinking by about 3.9% per year across the filed financial years. Its solvency ranks better than 95% of 3,041 sector peers (NACE 66, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 22 March 1989, BELCAPIN was incorporated.1Total assets went from €1.9m in 2018 to €793,703 in 2025.2