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C@PLAN

Active
Public limited companyfounded 196858 yrs activeBruggestraat 245 a, 8930 Menen, BelgiumKBO/BCE: BE 0405.378.836
Summary

C@PLAN has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €648,614 and a net result of -€153,712. Equity is growing by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-51
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 8.19 against 63.09 in 2024; short-term debt: 6.6% and cash: 16.4% of total assets), and 6.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
93.4%
Return on assets
-22.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
65 d early
2023
12 d early
2022
31 d early
2021
32 d early
2020
31 d late
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1968, C@PLAN was incorporated.1 Total assets went from EUR 1.4 million in 2018 to EUR 694,718 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€648,614▼ 56.2%
2024 · €1.5m
Total assets
€694,718▼ 53.7%
2024 · €1.5m
Net result
-€153,712
2024 · €81,023
Working capital
€331,690▼ 71.5%
2024 · €1.2m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€87,706▲ 459%€87,713=€104,032▲ 18.6%€96,849▼ 6.9%€70,193▼ 27.5%
Net result€50,916▲ 250%€63,872▲ 25.4%€75,857▲ 18.8%€81,023▲ 6.8%-€153,712
Equity€1.3m▲ 0.5%€1.3m▲ 5.1%€1.4m▲ 5.7%€1.5m▲ 5.8%€648,614▼ 56.2%
Total assets€1.3m▲ 4.5%€1.3m▲ 1.1%€1.4m▲ 7.6%€1.5m▲ 4.7%€694,718▼ 53.7%
Debt€57,167▲ 831%€8,395▼ 85.3%€33,712▲ 302%€19,643▼ 41.7%€46,105▲ 135%
Working capital€942,757▲ 1.0%€1.0m▲ 6.8%€1.1m▲ 7.5%€1.2m▲ 7.5%€331,690▼ 71.5%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2021: €87,706€87,706Net result 2021: €50,916€50,916Operating result 2022: €87,713€87,713Net result 2022: €63,872€63,872Operating result 2023: €104,032€104,032Net result 2023: €75,857€75,857Operating result 2024: €96,849€96,849Net result 2024: €81,023€81,023Operating result 2025: €70,193€70,193Net result 2025: -€153,712-€153,71220212022202320242025-€200,000-€100,000€0€100,000Operating result 2023: €104,032€104,000Net result 2023: €75,857€75,900Operating result 2024: €96,849€96,800Net result 2024: €81,023€81,000Operating result 2025: €70,193€70,200Net result 2025: -€153,712-€154,000202320242025
The operating result has fallen two years in a row; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694,718
Fixed assets €316,924 =
Current assets €377,794 ▼ 68.1%
Equity and liabilities €694,718
Equity €648,614 ▼ 56.2%
Debt €46,105 ▲ 135%
Debt's share of the balance-sheet total rises from 1.3% to 6.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
8.19▼
2024 · 63.09
Debt to equity
0.07▲
2024 · 0.01
ROE
-23.7%▼
2024 · 5.5%
ROA
-22.1%▼
2024 · 5.4%
Debt ≤ 1 year
€46,105▲
2024 · €18,757
Income taxes
€0▼
2024 · €37,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.1% went bankrupt
8.7% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€694,718▼
Fixed assets21/28€316,924€316,924=
Tangible fixed assets22/27€316,924€316,924=
Land and buildings22€316,924€316,924=
Current assets29/58€1.2m€377,794▼
Amounts receivable after more than one year29€270,000€180,000▼
Other amounts receivable291€270,000€180,000▼
Amounts receivable within one year40/41€180,000€75,107▼
Trade receivables40€0-
Other amounts receivable41€180,000€75,107▼
Current investments50/53€226,502€0▼
Cash at bank and in hand54/58€465,774€113,639▼
Deferred charges and accrued income490/1€41,072€9,048▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€694,718▼
Equity10/15€1.5m€648,614▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€1.4m€586,614▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€221€221=
Distributable reserves133€1.4m€580,193▼
Profit (loss) carried forward14-€0
Amounts payable17/49€19,643€46,105▲
Amounts payable within one year42/48€18,757€46,105▲
Trade debts44€5,115€32,264▲
Suppliers440/4€5,115€32,264▲
Taxes, remuneration and social security45€3,007€3,007=
Taxes450/3€3,007€3,007=
Other amounts payable47/48€10,635€10,834▲
Accrued charges and deferred income492/3€886€0▼
Income statement Code20242025
Other operating charges640/8€23,050€20,678▼
Gross operating margin9900€119,899€90,871▼
Operating profit (loss)9901€96,849€70,193▼
Financial income75/76B€22,312€5,483▼
Recurring financial income75€22,312€5,483▼
Financial charges65/66B€327€229,388▲
Recurring financial charges65€327€229,388▲
Profit (loss) for the period before taxes9903€118,833-€153,712▼
Income taxes67/77€37,811€0▼
Profit (loss) for the period9904€81,023-€153,712▼
Profit (loss) for the period to be appropriated9905€81,023-€153,712▼
Appropriation of the result
Profit (loss) to be appropriated9906€81,023-€153,712▼
Transfer from equity791/2-€832,015
Transfer to equity691/2€81,023€0▼
To other reserves6921€81,023€0▼
Profit to be distributed694/7-€678,303
Return on contributions (dividend)694-€678,303

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,478€334€0---
Other operating charges640/8€18,340€25,279€20,273€23,050€20,678▼ 10.3%
Gross operating margin9900€109,525€113,326€124,305€119,899€90,871▼ 24.2%
Operating profit (loss)9901€87,706€87,713€104,032€96,849€70,193▼ 27.5%
Financial income75/76B€6,699€6,300€7,685€22,312€5,483▼ 75.4%
Recurring financial income75€6,699€6,300€7,685€22,312€5,483▼ 75.4%
Financial charges65/66B€338€382€460€327€229,388▲ 69,998%
Recurring financial charges65€338€382€460€327€229,388▲ 69,998%
Profit (loss) for the period before taxes9903€94,067€93,631€111,257€118,833-€153,712▼ 229%
Income taxes67/77€43,151€29,759€35,400€37,811€0▼ 100%
Profit (loss) for the period9904€50,916€63,872€75,857€81,023-€153,712▼ 290%
Transfer from tax-exempt reserves789€58,276-----
Profit (loss) for the period to be appropriated9905€109,192€63,872€75,857€81,023-€153,712▼ 290%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€1.3m€1.4m€1.5m€694,718▼ 53.7%
Fixed assets21/28€317,258€316,924€316,924€316,924€316,924=
Tangible fixed assets22/27€317,258€316,924€316,924€316,924€316,924=
Land and buildings22€317,258€316,924€316,924€316,924€316,924=
Current assets29/58€999,786€1.0m€1.1m€1.2m€377,794▼ 68.1%
Amounts receivable after more than one year29€450,000€450,000€360,000€270,000€180,000▼ 33.3%
Other amounts receivable291€450,000€450,000€360,000€270,000€180,000▼ 33.3%
Amounts receivable within one year40/41€8,796€3,790€92,295€180,000€75,107▼ 58.3%
Trade receivables40€8,796€3,790€2,295€0--
Other amounts receivable41--€90,000€180,000€75,107▼ 58.3%
Current investments50/53--€350,054€226,502€0▼ 100%
Cash at bank and in hand54/58€539,466€541,657€272,471€465,774€113,639▼ 75.6%
Deferred charges and accrued income490/1€1,524€19,773€41,574€41,072€9,048▼ 78.0%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€1.4m€1.5m€694,718▼ 53.7%
Equity10/15€1.3m€1.3m€1.4m€1.5m€648,614▼ 56.2%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€1.2m€1.3m€1.3m€1.4m€586,614▼ 58.6%
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Tax-exempt reserves132€221€221€221€221€221=
Distributable reserves133€1.2m€1.3m€1.3m€1.4m€580,193▼ 58.9%
Profit (loss) carried forward14----€0-
Amounts payable17/49€57,167€8,395€33,712€19,643€46,105▲ 135%
Amounts payable within one year42/48€57,029€8,255€33,513€18,757€46,105▲ 146%
Trade debts44€1,689-€2,358€5,115€32,264▲ 531%
Suppliers440/4€1,689-€2,358€5,115€32,264▲ 531%
Taxes, remuneration and social security45€6,941€4,759€15,159€3,007€3,007=
Taxes450/3€6,941€4,759€15,159€3,007€3,007=
Other amounts payable47/48€48,399€3,496€15,996€10,635€10,834▲ 1.9%
Accrued charges and deferred income492/3€138€140€199€886€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€50,916€63,872€75,857€81,023-€153,712▼ 290%
+ Depreciation and write-downs630€3,478€334€0---
Operating cash flow (approximation)€54,394€64,206€75,857€81,023-€153,712▼ 290%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,191-€269,186€193,303-€352,135▼ 282%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€153,712
Net result drops to -€153,712, the lowest in the series.
27-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €81,023 ▲6.8%
Net result €81,023, the highest in the series.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity times 7current ratio 122.99
Current ratio from 17.53 to 122.99; short-term debt falls from €57,029 to €8,255.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity times 71current ratio 424.03
Current ratio from 5.94 to 424.03; short-term debt falls from €184,558 to €2,163.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 1962
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
3,617 m²
Volume, LiDAR
889 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERMANDERE NV
Nijverheidslaan 25, 8560 WevelgemNACE 2852002
since 19622.002.971.608
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34029B0469/00E000 Flanders 1.0 ha 1 · 3,497 m² -
34372C0297/00N000 Flanders 253 m² 1 · 120 m² 11.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. LOUMEAT 90%
  2. C@PLAN

Highest known parent: LOUMEAT. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

699400JHNG12Q75RBV48
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0405378836
Also 9925:BE0405378836
Registered 26-02-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.