CAP Engineering
ActiveSummary
CAP Engineering has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-643k) and a net result of €-32k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-51
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.21 against 2.32 in 2024; short-term debt: 29.1% and cash: 75.4% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-355.4%
Return on assets
-17.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-643k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
23 d late
2022
on the day
2021
41 d early
2020
11 d early
2019
11 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-643k▼ 5.2%
2024 · €-611k
2018: €23khighest in 8 years
2019: €-776k▼ -3509% vs 2018lowest in 8 years
2020: €-753k▲ +2.9% vs 2019
2021: €-733k▲ +2.7% vs 2020
2022: €-692k▲ +5.6% vs 2021
2023: €-653k▲ +5.6% vs 2022
2024: €-611k▲ +6.4% vs 2023
2025: €-643k▼ -5.2% vs 2024
2018 → 2025
Total assets
€181k▼ 31.0%
2024 · €262k
2018: €1.07Mhighest in 8 years
2019: €167k▼ -84.3% vs 2018
2020: €178k▲ +6.3% vs 2019
2021: €142k▼ -19.9% vs 2020
2022: €135k▼ -5.6% vs 2021lowest in 8 years
2023: €168k▲ +25.1% vs 2022
2024: €262k▲ +55.6% vs 2023
2025: €181k▼ -31.0% vs 2024
2018 → 2025
Net result
€-32k
2024 · €42k
2018: €59khighest in 8 years
2019: €-799k▼ -1458% vs 2018lowest in 8 years
2020: €23k▲ +103% vs 2019
2021: €20k▼ -11.9% vs 2020
2022: €41k▲ +106% vs 2021
2023: €39k▼ -6.3% vs 2022
2024: €42k▲ +9.0% vs 2023
2025: €-32k▼ -175% vs 2024
2018 → 2025
Working capital
€116k▼ 13.8%
2024 · €135k
2018: €52k
2019: €39k▼ -25.5% vs 2018lowest in 8 years
2020: €52k▲ +35.3% vs 2019
2021: €76k▲ +45.4% vs 2020
2022: €88k▲ +15.7% vs 2021
2023: €114k▲ +30.0% vs 2022
2024: €135k▲ +17.9% vs 2023highest in 8 years
2025: €116k▼ -13.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-733k-€-692k▲ 5.6%€-653k▲ 5.6%€-611k▲ 6.4%€-643k▼ 5.2%
2021: €-733klowest in 5 years
2022: €-692k▲ +5.6% vs 2021
2023: €-653k▲ +5.6% vs 2022
2024: €-611k▲ +6.4% vs 2023highest in 5 years
2025: €-643k▼ -5.2% vs 2024
Operating result€100k-€108k▲ 8.7%€93k▼ 14.0%€121k▲ 30.4%€14k▼ 88.4%
2021: €100k
2022: €108k▲ +8.7% vs 2021
2023: €93k▼ -14.0% vs 2022
2024: €121k▲ +30.4% vs 2023highest in 5 years
2025: €14k▼ -88.4% vs 2024lowest in 5 years
Net result€20k-€41k▲ 106%€39k▼ 6.3%€42k▲ 9.0%€-32k
2021: €20k
2022: €41k▲ +106% vs 2021
2023: €39k▼ -6.3% vs 2022
2024: €42k▲ +9.0% vs 2023highest in 5 years
2025: €-32k▼ -175% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€12k ▼ 52.0%
Current assets
€169k ▼ 28.7%
Key figures and ratios
EBITDA
€26k▼
2024 · €135k
Cash flow
€-20k▼
2024 · €56k
Solvency
-355.4%▼
2024 · -233.3%
Current ratio
3.21▲
2024 · 2.32
Debt to equity
-1.28▲
2024 · -1.43
ROA
-17.5%▼
2024 · 16.1%
Interest coverage
0.60▼
2024 · 2.04
Debt
€824k▼
2024 · €873k
Debt ≤ 1 year
€53k▼
2024 · €102k
Debt > 1 year
€728k=
2024 · €728k
Income taxes
€141▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€181k▼
Fixed assets21/28€25k€12k▼
Tangible fixed assets22/27€24k€12k▼
Furniture and vehicles24€24k€12k▼
Financial fixed assets28€1k€0▼
Current assets29/58€237k€169k▼
Amounts receivable within one year40/41€4k€32k▲
Trade receivables40€353€30k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€232k€136k▼
Deferred charges and accrued income490/1€477€490▲
Equity and liabilities
Total equity and liabilities10/49€262k€181k▼
Equity10/15€-611k€-643k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-632k€-663k▼
Amounts payable17/49€873k€824k▼
Amounts payable after more than one year17€728k€728k=
Financial debts170/4€728k€728k=
Amounts payable within one year42/48€102k€53k▼
Trade debts44€18k-
Suppliers440/4€18k-
Taxes, remuneration and social security45€57k€12k▼
Taxes450/3€23k€12k▼
Remuneration and social security454/9€34k-
Other amounts payable47/48€27k€40k▲
Accrued charges and deferred income492/3€44k€44k=
Income statement
Code20242025
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€387€400▲
Gross operating margin9900€135k€27k▼
Operating profit (loss)9901€121k€14k▼
Financial charges65/66B€66k€46k▼
Recurring financial charges65€66k€44k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€55k€-32k▼
Income taxes67/77€13k€141▼
Profit (loss) for the period9904€42k€-32k▼
Profit (loss) for the period to be appropriated9905€42k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-632k€-663k▼
Profit (loss) brought forward from the previous period14P€-674k€-632k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13k | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €7k | €12k | €14k | €12k | ▼ 12.2% |
| Other operating charges640/8 | €350 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | €208 | €23 | €27 | - | - | - |
| Gross operating margin9900 | €102k | €115k | €105k | €135k | €27k | ▼ 80.4% |
| Operating profit (loss)9901 | €100k | €108k | €93k | €121k | €14k | ▼ 88.4% |
| Financial income75/76B | €20 | €0 | €0 | - | - | - |
| Recurring financial income75 | €20 | €0 | €0 | - | - | - |
| Financial charges65/66B | €70k | €45k | €44k | €66k | €46k | ▼ 31.1% |
| Recurring financial charges65 | €70k | €45k | €44k | €66k | €44k | ▼ 33.8% |
| Non-recurring financial charges66B | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €29k | €63k | €49k | €55k | €-32k | ▼ 157% |
| Income taxes67/77 | €9k | €22k | €10k | €13k | €141 | ▼ 98.9% |
| Profit (loss) for the period9904 | €20k | €41k | €39k | €42k | €-32k | ▼ 175% |
| Profit (loss) for the period to be appropriated9905 | €20k | €41k | €39k | €42k | €-32k | ▼ 175% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142k | €135k | €168k | €262k | €181k | ▼ 31.0% |
| Fixed assets21/28 | €6k | €9k | €21k | €25k | €12k | ▼ 52.0% |
| Tangible fixed assets22/27 | €5k | €8k | €20k | €24k | €12k | ▼ 50.0% |
| Plant, machinery and equipment23 | €5k | €3k | €1k | - | - | - |
| Furniture and vehicles24 | - | €5k | €19k | €24k | €12k | ▼ 50.0% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €0 | ▼ 100% |
| Current assets29/58 | €137k | €126k | €148k | €237k | €169k | ▼ 28.7% |
| Amounts receivable within one year40/41 | €12k | €7k | €24k | €4k | €32k | ▲ 712% |
| Trade receivables40 | €12k | €7k | €23k | €353 | €30k | ▲ 8,393% |
| Other amounts receivable41 | - | - | €791 | €4k | €2k | ▼ 44.4% |
| Cash at bank and in hand54/58 | €125k | €119k | €123k | €232k | €136k | ▼ 41.4% |
| Deferred charges and accrued income490/1 | - | €205 | €487 | €477 | €490 | ▲ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142k | €135k | €168k | €262k | €181k | ▼ 31.0% |
| Equity10/15 | €-733k | €-692k | €-653k | €-611k | €-643k | ▼ 5.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | - | - |
| Other1109/19 | €19k | €19k | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-754k | €-712k | €-674k | €-632k | €-663k | ▼ 5.0% |
| Amounts payable17/49 | €876k | €827k | €822k | €873k | €824k | ▼ 5.7% |
| Amounts payable after more than one year17 | €745k | €745k | €745k | €728k | €728k | = |
| Financial debts170/4 | €745k | €745k | €745k | €728k | €728k | = |
| Amounts payable within one year42/48 | €61k | €38k | €33k | €102k | €53k | ▼ 48.5% |
| Trade debts44 | €3k | - | €585 | €18k | - | - |
| Suppliers440/4 | €3k | - | €585 | €18k | - | - |
| Taxes, remuneration and social security45 | €15k | €28k | €10k | €57k | €12k | ▼ 78.6% |
| Taxes450/3 | €14k | €28k | €10k | €23k | €12k | ▼ 47.1% |
| Remuneration and social security454/9 | €1k | - | - | €34k | - | - |
| Other amounts payable47/48 | €43k | €10k | €22k | €27k | €40k | ▲ 51.6% |
| Accrued charges and deferred income492/3 | €70k | €44k | €44k | €44k | €44k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €41k | €39k | €42k | €-32k | ▼ 175% |
| + Depreciation and write-downs630 | €2k | €7k | €12k | €14k | €12k | ▼ 12.2% |
| Operating cash flow (approximation) | €22k | €48k | €51k | €56k | €-20k | ▼ 135% |
| Investment in fixed assets (approximation) | - | €-10k | €-24k | €-18k | €1,000 | ▲ 106% |
| Change in cash | - | €-5k | €4k | €109k | €-96k | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €-799k
Net result drops to €-799k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Nivelles · 1 establishment unit since 2004
Ground area
2.6 ha
Building footprint
1.1 ha
Volume, LiDAR
123,058 m³
2 parcels, Wallonia · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
CAPE INTERNATIONAL
since 20042.138.586.120
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0617/00K000 | Wallonia | 2.1 ha | 1 · 1.0 ha | 15.6 m · 4 fl. |
| 92105C0023/00D000 | Wallonia | 4,342 m² | 1 · 231 m² | - |
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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,488 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2004
Fiscal year end31-12
Legal name FR
MELIORT
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
33200Installation of industrial machinery and equipment
62900Other information technology and computer services
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Contact
Phone
081/615055Eghezée
Scores and ratios are computed by Checked and are not a credit decision.