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CAP

Active
Private limited companyfounded 1991active for 35 yearsValkenstraat 2, 9850 Deinze, BelgiumKBO/BCE: BE 0445.454.583
Summary

CAP has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181,999 and a net result of €73,528. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 43% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
≈ €890,000turnover 2025, estimated
Staff
≈ 0.2 FTE, estimated
Equity
€181,999
Profit
€73,528
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 18 days early3 of 11 deeds summarised
Why 95raises riskLiquidity: current ratio 0.17, cash €5,761, halvedlowers riskSize: total assets €869,387Founded in 1991Figures for financial year 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 46+11
equity 20.9% of total assets
Liquidity 31+3
short-term debt 41.9% · cash 0.7%
Profitability 79+8
return on assets 8.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,627 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.17, compared with 0.2 in 2024, below 1; short-term debt: 41.9% and cash: 0.7% of total assets), and 79.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 41% on solvency, 24% on liquidity, 76% on profitability and 88% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €869,387
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.17, cash €5,761, halved
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 13-07-2026)
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
9 days early
2023
27 days early
2022
46 days early
2021
12 days early
2020
1 day early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €150,000equity €181,999 ▲67.8%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €890,000
Estimated: probably between €540,000 and €1.1m
Total assets
€869,387▼ 20.9%
2024 · €1.1m
Net result
€73,528▲ 367%
2024 · €15,754
Working capital
-€301,525▲ 30.8%
2024 · -€435,661
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 117% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.07m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.03m▼ 73.8%€0.1m▲ 430%€0.2m▲ 43.7%€0.4m▲ 81.6%-€0.01m€0.07m€0.1m▲ 117%
Net result€0.01m--€0.02m€0.09mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 34.1%€0.2mabove the sector's middle half▲ 108%-€0.05mbelow the sector's middle half€0.02mwithin the sector's middle half€0.07mabove the sector's middle half▲ 367%
Equity€0.05m-€0.03m▼ 42.4%€0.1mwithin the sector's middle half▲ 281%€0.2mwithin the sector's middle half▲ 99.7%€0.2mwithin the sector's middle half▼ 26.1%€0.09mwithin the sector's middle half▼ 41.5%€0.1mwithin the sector's middle half▲ 17.0%€0.2mwithin the sector's middle half▲ 67.8%
Total assets€1.5m-€1.9m▲ 20.6%€1.7mwithin the sector's middle half▼ 7.5%€1.7mwithin the sector's middle half▼ 2.7%€1.6mwithin the sector's middle half▼ 5.0%€1.3mwithin the sector's middle half▼ 15.3%€1.1mwithin the sector's middle half▼ 18.2%€0.9mwithin the sector's middle half▼ 20.9%
Debt€1.5m-€1.8m▲ 22.7%€1.6m▼ 11.9%€1.5m▼ 9.5%€1.4m▼ 1.9%€1.3m▼ 12.4%€1.0m▼ 20.8%€0.7m▼ 30.6%
Working capital-€0.4m--€0.5m▼ 23.4%-€0.5mbelow the sector's middle half▼ 9.7%-€0.3mbelow the sector's middle half▲ 32.9%-€0.5mbelow the sector's middle half▼ 37.6%-€0.5mbelow the sector's middle half▼ 8.4%-€0.4mbelow the sector's middle half▲ 14.4%-€0.3mbelow the sector's middle half▲ 30.8%
Solvency3.2%-1.5%▼ 1.7pp6.3%below the sector's middle half▲ 4.7pp12.8%within the sector's middle half▲ 6.6pp10.0%within the sector's middle half▼ 2.8pp6.9%below the sector's middle half▼ 3.1pp9.9%within the sector's middle half▲ 3.0pp20.9%within the sector's middle half▲ 11.1pp
Current ratio0.36-0.43▲ 0.070.24below the sector's middle half▼ 0.190.49below the sector's middle half▲ 0.250.40below the sector's middle half▼ 0.090.25below the sector's middle half▼ 0.150.20below the sector's middle half▼ 0.060.17below the sector's middle half▼ 0.02
Return on assets (ROA)0.7%--1.1%▼ 1.8pp5.0%within the sector's middle half▲ 6.1pp6.8%above the sector's middle half▲ 1.9pp15.0%above the sector's middle half▲ 8.1pp-3.5%below the sector's middle half▼ 18.5pp1.4%within the sector's middle half▲ 4.9pp8.5%within the sector's middle half▲ 7.0pp
Staff (FTE)3.3-2.7▼ 18.2%2.2within the sector's middle half▼ 18.5%2.1within the sector's middle half▼ 4.5%2.2within the sector's middle half▲ 4.8%0within the sector's middle half▼ 100%
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €869,387
Fixed assets €806,804 ▼ 18.7%
Current assets €62,583 ▼ 41.2%
Equity and liabilities €869,387
Equity €181,999 ▲ 67.8%
Debt €687,389 ▼ 30.6%
Debt's share of the balance-sheet total falls from 90.1% to 79.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€349,359▲
2024 · €272,849
Cash flow
€281,020▲
2024 · €223,129
Debt to equity
3.78▼
2024 · 9.13
ROE
40.4%▲
2024 · 14.5%
Interest coverage
15.78▲
2024 · 9.28
Debt ≤ 1 year
€364,108▼
2024 · €542,041
Debt > 1 year
€323,280▼
2024 · €447,938
Income taxes
€48,133▲
2024 · €22,294
Staff costs
€7,035▼
2024 · €7,074
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.0% stopped otherwise
97.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,613 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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€0.9m▼
Fixed assets21/28€1.0m€0.8m▼
Intangible fixed assets21€0.04m€0.02m▼
Tangible fixed assets22/27€0.9m€0.8m▼
Land and buildings22€0.9m€0.7m▼
Plant, machinery and equipment23€0.005m€0.003m▼
Furniture and vehicles24€0.04m€0.04m▼
Other tangible fixed assets26€0.004m€0.004m▲
Financial fixed assets28€0.003m€0.003m=
Current assets29/58€0.1m€0.06m▼
Amounts receivable within one year40/41€0.08m€0.05m▼
Trade receivables40€0.05m€0.009m▼
Other amounts receivable41€0.03m€0.04m▲
Cash at bank and in hand54/58€0.02m€0.006m▼
Deferred charges and accrued income490/1€0.002m€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€0.9m▼
Equity10/15€0.1m€0.2m▲
Contributions10/11€0.004m€0.004m=
Reserves13€0.05m€0.1m▲
Tax-exempt reserves132€0.05m€0.05m=
Distributable reserves133-€0.07m
Profit (loss) carried forward14€0.05m€0.05m=
Amounts payable17/49€1.0m€0.7m▼
Amounts payable after more than one year17€0.4m€0.3m▼
Financial debts170/4€0.4m€0.3m▼
Amounts payable within one year42/48€0.5m€0.4m▼
Current portion of amounts payable after more than one year42€0.2m€0.1m▼
Financial debts43-€0.01m
Credit institutions430/8-€0.01m
Trade debts44€0.01m€0.008m▼
Suppliers440/4€0.01m€0.008m▼
Taxes, remuneration and social security45€0.07m€0.03m▼
Taxes450/3€0.07m€0.03m▼
Other amounts payable47/48€0.3m€0.2m▼
Income statement Code20242025
Non-recurring operating income76A€0€0.02m▲
Remuneration, social security and pensions62€0.007m€0.007m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.02m€0.02m▼
Non-recurring operating charges66A€0-
Gross operating margin9900€0.3m€0.4m▲
Operating profit (loss)9901€0.07m€0.1m▲
Financial income75/76B€0.002m€0.002m▼
Recurring financial income75€0.002m€0.002m▼
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.04m€0.1m▲
Income taxes67/77€0.02m€0.05m▲
Profit (loss) for the period9904€0.02m€0.07m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.04m€0.05m▲
Transfer to equity691/2-€0.07m
To other reserves6921-€0.07m

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€56,473€20,000€0€16,262-
Remuneration, social security and pensions62---€108,185€148,359€13,141€7,074€7,035▼ 0.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189,831€235,444€228,478€233,993€218,002€218,729€207,375€207,492▲ 0.1%
Other operating charges640/8---€79,575€29,387€20,363€19,559€18,740▼ 4.2%
Non-recurring operating charges66A---€810€0€12,293€0--
Gross operating margin9900€468,529€411,869€448,461€622,648€759,171€253,170€299,483€375,133▲ 25.3%
Operating profit (loss)9901€100,254€26,275€139,202€200,085€363,423-€11,357€65,474€141,866▲ 117%
Financial income75/76B---€9,404€1,459€1,733€1,992€1,930▼ 3.1%
Recurring financial income75€1,257€2,418€3,872€9,404€1,459€1,733€1,992€1,930▼ 3.1%
Financial charges65/66B---€40,791€34,166€29,180€29,417€22,135▼ 24.8%
Recurring financial charges65€45,563€46,893€41,135€40,791€34,166€29,180€29,417€22,135▼ 24.8%
Profit (loss) for the period before taxes9903€55,948-€18,201€101,939€168,698€330,716-€38,804€38,048€121,661▲ 220%
Income taxes67/77€45,446€2,521€16,710€54,409€93,036€7,879€22,294€48,133▲ 116%
Profit (loss) for the period9904€10,502-€20,722€85,229€114,290€237,681-€46,683€15,754€73,528▲ 367%
Profit (loss) for the period to be appropriated9905€10,502-€20,722€85,229€114,290€237,681-€46,683€15,754€73,528▲ 367%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.9m€1.7m€1.7m€1.6m€1.3m€1.1m€0.9m▼ 20.9%
Fixed assets21/28€1.3m€1.5m€1.6m€1.3m€1.3m€1.2m€1.0m€0.8m▼ 18.7%
Intangible fixed assets21€0.006m€0.03m€0.05m€0.05m€0.09m€0.06m€0.04m€0.02m▼ 47.7%
Tangible fixed assets22/27€1.3m€1.5m€1.5m€1.3m€1.2m€1.1m€0.9m€0.8m▼ 17.4%
Land and buildings22---€1.2m€1.2m€1.0m€0.9m€0.7m▼ 17.4%
Plant, machinery and equipment23---€0.01m€0.008m€0.004m€0.005m€0.003m▼ 46.3%
Furniture and vehicles24---€0.03m€0.01m€0.06m€0.04m€0.04m▼ 18.3%
Other tangible fixed assets26---€0.004m€0.004m€0.004m€0.004m€0.004m▲ 24.0%
Financial fixed assets28€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m=
Current assets29/58€0.2m€0.3m€0.2m€0.3m€0.3m€0.2m€0.1m€0.06m▼ 41.2%
Amounts receivable within one year40/41€0.2m€0.1m€0.1m€0.09m€0.07m€0.1m€0.08m€0.05m▼ 39.4%
Trade receivables40---€0.06m€0.04m€0.1m€0.05m€0.009m▼ 81.8%
Other amounts receivable41---€0.03m€0.03m€0.03m€0.03m€0.04m▲ 24.7%
Cash at bank and in hand54/58€0.04m€0.2m€0.06m€0.2m€0.2m€0.03m€0.02m€0.006m▼ 72.0%
Deferred charges and accrued income490/1---€0.004m€0.002m€0.002m€0.002m€0.006m▲ 204%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.9m€1.7m€1.7m€1.6m€1.3m€1.1m€0.9m▼ 20.9%
Equity10/15€0.05m€0.03m€0.1m€0.2m€0.2m€0.09m€0.1m€0.2m▲ 67.8%
Contributions10/11€0.3m€0.3m-€0.3m€0.005m€0.004m€0.004m€0.004m=
Reserves13€0.06m€0.06m€0.06m€0.06m€0.06m€0.05m€0.05m€0.1m▲ 148%
Tax-exempt reserves132---€0.06m€0.06m€0.05m€0.05m€0.05m=
Distributable reserves133-------€0.07m-
Profit (loss) carried forward14-€0.3m-€0.3m-€0.2m-€0.1m€0.1m€0.04m€0.05m€0.05m=
Amounts payable17/49€1.5m€1.8m€1.6m€1.5m€1.4m€1.3m€1.0m€0.7m▼ 30.6%
Amounts payable after more than one year17€0.9m€1.0m€0.9m€0.8m€0.6m€0.6m€0.4m€0.3m▼ 27.8%
Financial debts170/4---€0.8m€0.6m€0.6m€0.4m€0.3m▼ 27.8%
Amounts payable within one year42/48€0.6m€0.8m€0.7m€0.7m€0.8m€0.7m€0.5m€0.4m▼ 32.8%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.2m€0.2m€0.1m▼ 36.5%
Financial debts43---€0---€0.01m-
Credit institutions430/8---€0---€0.01m-
Trade debts44€0.03m€0.03m€0.008m€0.02m€0.02m€0.09m€0.01m€0.008m▼ 44.1%
Suppliers440/4---€0.02m€0.02m€0.09m€0.01m€0.008m▼ 44.1%
Advances received on contracts in progress46---€0.4m€0.3m€0---
Taxes, remuneration and social security45---€0.1m€0.03m€0.08m€0.07m€0.03m▼ 52.9%
Taxes450/3---€0.1m€0.02m€0.08m€0.07m€0.03m▼ 52.9%
Remuneration and social security454/9---€0€0.01m€0---
Other amounts payable47/48---€0.007m€0.3m€0.3m€0.3m€0.2m▼ 28.0%
Accrued charges and deferred income492/3---€0.001m€0.001m€0---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,502-€20,722€85,229€114,290€237,681-€46,683€15,754€73,528▲ 367%
+ Depreciation and write-downs630€189,831€235,444€228,478€233,993€218,002€218,729€207,375€207,492▲ 0.1%
Operating cash flow (approximation)€200,333€214,722€313,708€348,283€455,682€172,046€223,129€281,020▲ 25.9%
Investment in fixed assets (approximation)--€411,446-€274,642-€23,984-€147,344-€117,904-€28,271-€22,227▲ 21.4%
Change in cash-€206,395-€184,017€174,197€8,185-€210,850-€11,115-€14,832▼ 33.4%

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

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Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 13-07-2026 2026-00286113
31-12-2024 micro format 22-07-2025 2025-00294691
31-12-2023 abbreviated format 04-07-2024 2024-00209166
31-12-2022 abbreviated format 15-06-2023 2023-00128568
31-12-2021 abbreviated format 19-07-2022 2022-20199258
31-12-2020 abbreviated format 30-07-2021 2021-44700388
31-12-2019 abbreviated format 30-07-2020 2020-36400476
31-12-2018 abbreviated format 03-07-2019 2019-28400333
31-12-2017 abbreviated format 30-07-2018 2018-40800322
31-12-2016 abbreviated format 15-06-2017 2017-17800046

Show all 33 filings

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Of the 11,697 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,111. 5,321 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €5,183 awarded · €5,183 paid
Year Entries AwardedPaid
2024 1 €0€3,255
2023 1 €5,183€1,928
Schemes
2 entries · €5,183 · €5,183 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2022
This board is reconstructed from a single act (22378042). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Caroline POLLET
Director (not named in the articles)
Current
Louis-Philippe JULIEN
Director (not named in the articles)
Current
Philippe JULIEN
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 11 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2022, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Caroline POLLET
  • Manager, until 02-12-2022
  • Director (not named in the articles), since before 02-12-2022
Louis-Philippe JULIEN
  • Manager, until 02-12-2022
  • Director (not named in the articles), since before 02-12-2022
Philippe JULIEN
  • Manager, until 02-12-2022
  • Director (not named in the articles), since before 02-12-2022
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 31-05-2023 Capital stated in the deed · €5,000 · 2,500 shares
  2. 02-12-2022 Converted to unavailable equity · €298,550
  3. 02-12-2022 Capital reduction of €293,550 · to €5,000 · repaid to the shareholders

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Acquisitions and mergers

1 transaction
Split off to:CAP Holiday Rentals
BE 0803.344.694partial demerger · Gazette deed of 20-07-2023 (3 acts)

History

On 15 October 1991, CAP was incorporated.1 Total assets went from €1.3m in 2023 to €869,387 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Equity above €150,000equity €181,999 ▲67.8%
2 profitable years in a row build equity to €181,999.
22-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €15,754
Net result €15,754 after one loss-making year.
31-12
Financial Equity above €100,000equity €108,471 ▲17%
Equity rises from €92,717 to €108,471.
04-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Weakest financial yearnet -€46,683
Net result drops to -€46,683, the lowest in the series; recovery starts the following year.
20-07
Gazette deed Restructuring
Declaration · Demerger · Auditor report10 facts ▸
  • General meeting, 28-06-2023
  • Other provision, “goedkeuring splitsingsvoorstel, goedkeuring in al zijn geledingen” (deed in Dutch)
  • Declaration, “geen belangrijke wijziging activa en passiva sinds opstellen splitsingsvoorstel, voorzitter namens de bestuurders” (deed in Dutch)
  • Demerger, “partiële splitsing door oprichting, onmiddellijk en rechtstreeks aan aandeelhouders te splitsen vennootschap” (deed in Dutch)
  • Auditor report, “exemplaar neergelegd op bevoegde griffie ondernemingsrechtbank samen met uitgifte oprichtingsakte, goedgekeurd” (deed in Dutch)
  • Founding capital, €603.23
  • Other provision, “goedkeuring ontwerp oprichtingsakte en statuten, CAP Holiday Rentals” (deed in Dutch)
  • Power of attorney, JULIEN Philippe
  • Power of attorney
  • Other provision, “vaststelling verwezenlijking splitsing onder opschortende voorwaarde, effectieve oprichting besloten vennootschap CAP Holiday Rentals te verlijden onmiddellijk…” (deed in Dutch)
15-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
31-05
Gazette deed Restructuring
Board composition · Demerger · Capital15 facts ▸
  • Board meeting, “De bestuurders van de besloten vennootschap CAP” (deed in Dutch)
  • Board composition, Philippe Julien (director)
  • Board composition, Caroline Pollet (director)
  • Board composition, Louis-Philippe Julien (director)
  • Demerger, “partiële splitsing door oprichting van een nieuwe vennootschap, verdeling aandelen op te richten vennootschap” (deed in Dutch)
  • Capital, €5,000
  • Founding capital, €603.23
  • Other provision, “ruilverhouding van de aandelen en bedrag van de opleg, specificiteit van de partiële splitsing” (deed in Dutch)
  • Other provision, “wijze waarop de aandelen in de op te richten vennootschap CAP Holiday Rentals worden uitgereikt”, 5000 (deed in Dutch)
  • Other provision, “datum vanaf wanneer de aandelen recht geven om te delen in de winst, onmiddellijk” (deed in Dutch)
  • Accounting effect, 01-01-2023
  • Other provision, “rechten voor aandeelhouders met bijzondere rechten en houders van andere effecten dan aandelen, andere dan deze voorzien in de statuten” (deed in Dutch)
  • +3 further facts in this act
2022
31-12
Financial Highest result from 2018 to 2025net €237,681 ▲108%
Operating result €363,423, net result €237,681, both a record.
02-12
Gazette deed Resignations: Philippe JULIEN, Caroline POLLET and Louis-Philippe JULIEN
Reappointments: Philippe JULIEN, Caroline POLLET and Louis-Philippe JULIEN · Amendment of the articles · Capital conversion16 facts ▸
  • Other provision, “9850 Deinze(Merendree),Valkenstraat 2, registerinschrijving en zetel volgens akte” (deed in Dutch)
  • General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “beschikbaar voor uitkering” (deed in Dutch)
  • Capital decrease, €293,550
  • Share issue, 2500, “Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo” (deed in Dutch)
  • Director resignation, Philippe JULIEN (manager)
  • Director reappointment, Philippe JULIEN (director (not named in the articles))
  • Director resignation, Caroline POLLET (manager)
  • Director reappointment, Caroline POLLET (director (not named in the articles))
  • Director resignation, Louis-Philippe JULIEN (manager)
  • +4 further facts in this act
Show earlier events
19-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Equity above €200,000equity €214,396 ▲99.7%
2 profitable years in a row build equity to €214,396.
30-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial Back to profitnet €85,229
Net result €85,229 after one loss-making year.
31-12
Financial Equity above €100,000equity €107,378 ▲281%
Equity rises from €28,149 to €107,378.
30-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
03-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
30-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
15-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
3 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded15-10-1991
Financial year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445454583
Also 9925:BE0445454583
Registered 16-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
7,582 m²
Building footprint
140 m²
Building volume
766 m³
Parcel 44044B0990/00F000, Flanders · tallest building 9.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CAP
Valkenstraat 2, 9850 DeinzeReal estate agency activities
since 1991unit no. 2.054.824.739
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44044B0990/00F000 Flanders 7,582 m² 1 · 140 m² 9.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Onderneming onroerende goedererı; Import en export van allerhande goederen; Studie, organisatie-, raadgevend bureau inzake financieel…” (deed in Dutch)
8 activities (deed in Dutch)
  1. Onderneming onroerende goedererı
  2. Import en export van allerhande goederen
  3. Studie, organisatie-, raadgevend bureau inzake financieel, handels-, fiscaal-, en sociale aangelegenheden
  4. Dactylografisch en vertaalbureau
  5. Tussenpersoon in de handel
  6. Het verrichten van expertises en schattingerı van alle aard, zowel nopens onroerende als roerende goederen, het verstrekken van adviezen, het verrichten van arbitrages, het doen van vaststellingen, dit alles hetzij tegensprekelijk, hetzij éérizijdig; evenals alle verrichtingen die ze kunnen voorbereiden of die er kunnen uit voortvloeien en alle werken behorende tot het beroep van landmeter, van architect, van expert van onroerende goederen, agentschap in onroerende goederen, studie en coördinatie van heropbouw en bouwpromotor
  7. Alle verrichtingen van horeca-activiteiten en dit in de ruimste zin van het woord
  8. Al deze verrichtingen kunnen zowel gedaan worden op irndustrieel vlak op het gebied van roerende en onroerende goederen, het verichten van schattingen en het verdedigen en het regelen naar aanleiding van rampen van alle aard, het optreden als raadgever, voor haar rekening en voor rekening van derden

The full purpose is in the deed

deed of 31-05-2023
DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
deed of 02-12-2022
Name clauseThe name the company operates under according to its articles.
CAP
deed of 02-12-2022
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
deed of 02-12-2022

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, 1” (deed in Dutch)
“In naam en voor rekening van de rechtspersoon, zelfde regels van openbaarmaking alsof in eigen naam en voor eigen rekening” (deed in Dutch)
“Overblijvende bestuurder(s)” (deed in Dutch)
2 more provisions on this in the deed

deed of 02-12-2022

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
15 May at 14:00

deed of 02-12-2022

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, ontbinding op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding en vereffening in één akte, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)

deed of 02-12-2022

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Neerlegging en publicatie splitsingsvoorstel, algemene vergadering die over splitsing moet besluiten” (deed in Dutch)
deed of 31-05-2023
Liquidation distribution: “Goederen nog in natura op zelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding van aantal aandelen” (deed in Dutch)
deed of 02-12-2022