CAP Source
ActiveCAP Source has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €-5k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-77
Solvency40▼-23
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-11%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2024
3 d early
2023
on the day
2022
1 d early
2021
5 d early
2020
12 d early
2019
32 d early
2018
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€25k▲ 76.6%
2020 · €14k
2019: €53k
2020: €14k
2019 → 2022
EBIT margin
4.4%▲ 49.2pp
2020 · -44.8%
2019: 28.0%
2020: -44.8%
2019 → 2022
Net result
€-5k
2023 · €3k
2019: €13k
2020: €-10k
2021: €7k
2022: €-2k
2023: €3k
2019 → 2024
Working capital
€6k▼ 46.3%
2023 · €11k
2019: €81k
2020: €50k
2021: €41k
2022: €11k
2023: €11k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€14k-€25k
Equity€4k-€11k▲ 160%€9k▼ 16.9%€13k▲ 37.2%€7k▼ 41.8%
Operating result€-6k-€11k€1k▼ 89.9%€4k▲ 265%€-4k
Net result€-10k-€7k€-2k€3k€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€2k▼ 17.0%
Current assets
€47k▲ 49.2%
Equity and liabilities €48k
Equity
€7k▼ 41.8%
Debt
€41k▲ 100.0%
The debt ratio rises from 61.7% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €4k
Cash flow
€-4k▼
2023 · €3k
Solvency
15.3%▼
2023 · 38.3%
Current ratio
1.14▼
2023 · 1.54
Quick ratio
0.74▲
2023 · 0.72
Debt / equity
5.54▲
2023 · 1.61
ROE
-71.9%▼
2023 · 27.1%
ROA
-11.0%▼
2023 · 10.4%
Interest coverage
-8.06▼
2023 · 18.66
Debt
€41k▲
2023 · €20k
Debt ≤ 1 year
€41k▲
2023 · €20k
Income taxes
€1k▲
2023 · €422
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€48k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€274€274=
Current assets29/58€31k€47k▲
Stocks and contracts in progress3€17k€17k=
Stocks30/36€17k€17k=
Amounts receivable within one year40/41€1k€19k▲
Trade receivables40-€19k
Other amounts receivable41€1k€11▼
Current investments50/53€10€9▼
Cash at bank and in hand54/58€13k€10k▼
Deferred charges and accrued income490/1€873€2k▲
Equity and liabilities
Total equity and liabilities10/49€33k€48k▲
Equity10/15€13k€7k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-6k€-11k▼
Amounts payable17/49€20k€41k▲
Amounts payable within one year42/48€20k€41k▲
Trade debts44€442€2k▲
Suppliers440/4€442€2k▲
Taxes, remuneration and social security45€12k€23k▲
Taxes450/3€6k€13k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€8k€16k▲
Accrued charges and deferred income492/3€59-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40€1k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€5k€-682▼
Operating profit (loss)9901€4k€-4k▼
Financial income75/76B€52€1▼
Recurring financial income75€52€1▼
Financial charges65/66B€218€347▲
Recurring financial charges65€218€347▲
Profit (loss) for the period before taxes9903€4k€-4k▼
Income taxes67/77€422€1k▲
Profit (loss) for the period9904€3k€-5k▼
Profit (loss) for the period to be appropriated9905€3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-11k▼
Profit (loss) brought forward from the previous period14P€-9k€-6k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-06
Financial
Liquidity times 17current ratio 21.50
Current ratio from 1.26 to 21.50; short-term debt falls from €190k to €2k.
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-10k ▼175%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wavre · 1 establishment unit since 2016
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.
Chemin du Stocquoy 31300 WavreGround area
1,001 m²
Building footprint
166 m²
Volume, LiDAR
544 m³
Parcel 25772K0008/00C000, Wallonia · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Chemin du Stocquoy 3, 1300 Wavre
since 20162.253.085.811
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772K0008/00C000indicative | Wallonia | 1,001 m² | 1 · 166 m² | 4.7 m · 1 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 19,612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2016
Fiscal year end31-12
Activities, NACEBEL
32121Other manufacturing
70200Business and other management consultancy
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:marie.dhuart@capsource.be
Phone:0495209020