CAP NORD
ActiveCAP NORD has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €-32k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 3619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-58
Solvency73▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 2.13 in 2024; short-term debt: 49.2% and cash: 39% of total assets), but 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
34 d early
2022
60 d late
2021
72 d late
2020
61 d late
2019
77 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€204k▼ 29.7%
2024 · €291k
2018: €57k
2019: €107k
2020: €174k
2021: €316k
2022: €335k
2023: €284k
2024: €291k
2018 → 2025
Total assets
€425k▼ 13.9%
2024 · €493k
2018: €334k
2019: €371k
2020: €291k
2021: €478k
2022: €500k
2023: €503k
2024: €493k
2018 → 2025
Net result
€-32k
2024 · €7k
2018: €13k
2019: €50k
2020: €67k
2021: €142k
2022: €19k
2023: €-51k
2024: €7k
2018 → 2025
Working capital
€133k▼ 37.3%
2024 · €213k
2018: €-103k
2019: €-31k
2020: €47k
2021: €214k
2022: €233k
2023: €188k
2024: €213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€316k-€335k▲ 5.9%€284k▼ 15.3%€291k▲ 2.5%€204k▼ 29.7%
Operating result€174k-€25k▼ 85.7%€-51k€7k€-29k
Net result€142k-€19k▼ 86.9%€-51k€7k€-32k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29k after €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €425k
Fixed assets
€83k▼ 11.3%
Current assets
€342k▼ 14.5%
Equity and liabilities €425k
Equity
€204k▼ 29.7%
Debt
€220k▲ 8.9%
The debt ratio rises from 41.0% to 51.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €54k
Cash flow
€-426▼
2024 · €54k
Solvency
48.1%▼
2024 · 59.0%
Current ratio
1.64▼
2024 · 2.13
Quick ratio
1.42▼
2024 · 1.91
Debt / equity
1.08▲
2024 · 0.69
ROE
-15.4%▼
2024 · 2.4%
ROA
-7.4%▼
2024 · 1.4%
Interest coverage
0.41▼
2024 · 17.20
Debt
€220k▲
2024 · €202k
Debt ≤ 1 year
€209k▲
2024 · €187k
Debt > 1 year
€11k▼
2024 · €15k
Staff costs
€575k▲
2024 · €564k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€493k€425k▼
Fixed assets21/28€93k€83k▼
Intangible fixed assets21€681€369▼
Tangible fixed assets22/27€92k€82k▼
Plant, machinery and equipment23€40k€40k▲
Furniture and vehicles24€11k€10k▼
Leasing and similar rights25€19k€14k▼
Other tangible fixed assets26€23k€18k▼
Current assets29/58€400k€342k▼
Stocks and contracts in progress3€42k€46k▲
Stocks30/36€42k€46k▲
Amounts receivable within one year40/41€130k€114k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€128k€113k▼
Cash at bank and in hand54/58€216k€166k▼
Deferred charges and accrued income490/1€12k€16k▲
Equity and liabilities
Total equity and liabilities10/49€493k€425k▼
Equity10/15€291k€204k▼
Contributions10/11€199k€199k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€90k€4k▼
Amounts payable17/49€202k€220k▲
Amounts payable after more than one year17€15k€11k▼
Financial debts170/4€15k€11k▼
Amounts payable within one year42/48€187k€209k▲
Current portion of amounts payable after more than one year42€5k€11k▲
Financial debts43€6k€10k▲
Credit institutions430/8€6k€10k▲
Trade debts44€100k€110k▲
Suppliers440/4€100k€110k▲
Taxes, remuneration and social security45€77k€77k▲
Taxes450/3€15k€15k▲
Remuneration and social security454/9€62k€62k▲
Income statement
Code20242025
Remuneration, social security and pensions62€564k€575k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€31k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€623k€583k▼
Operating profit (loss)9901€7k€-29k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€7k€-32k▼
Profit (loss) for the period9904€7k€-32k▼
Profit (loss) for the period to be appropriated9905€7k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€59k▼
Profit (loss) brought forward from the previous period14P€83k€90k▲
Profit to be distributed694/7-€55k
Return on contributions (dividend)694-€55k
Social balance
Average headcount (FTE)908710.910.7▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-51k ▼373%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 72 days late
2021
31-12
Financial
Highest result since 2018net €142k ▲112%
Operating result €174k, net result €142k, both a record.
31-12
Financial
Equity above €200kEq €316k ▲81.9%
4 profitable years in a row build equity to €316k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €150kEq €174k ▲62.8%
3 profitable years in a row build equity to €174k.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 77 days late
2019
31-12
Financial
Equity above €100kEq €107k ▲88%
2 profitable years in a row build equity to €107k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 119 days late
2017
31-07
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.
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, Knokke-Heist · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lippenslaan 2248300 Knokke-HeistGround area
298 m²
Building footprint
317 m²
Volume, LiDAR
5,646 m³
Parcel 31334B0762/00A000, Flanders · tallest building 24.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
CAP NORD
since 20012.075.367.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0762/00A000indicative | Flanders | 298 m² | 1 · 317 m² | 24.8 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.075.367.854
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ELLENNOMIE
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 8,501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-02-1996
Fiscal year end31-12
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:c.billiet@flamand.be