CAP2
ActiveSummary
CAP2 has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,239 and a net result of -€5,802. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 37% of 20,649 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Physiotherapy
NACE 86951Painting of buildings NACE 43341
1 site
Size
≈ €200,000turnover 2025, estimated
- Equity
- €302,239
- Loss
- -€5,802
Turnover estimated from the gross margin
Structure
- Beata RobertiDirector
- Erik MerchiersDirector
2025 accounts 39 days early2 of 5 deeds summarised
Why 90raises riskLiquidity: current ratio 0.06, cash €3,060, halvedlowers riskSize: total assets €650,402Sector: Human health activities (NACE 86)Figures for financial year 2025 (filed 22-06-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 20% of its sector peers (NACE 86, micro)
Financial strength · tick = 2024
Average
Solvency
71-1
equity 46.5% of total assets
Liquidity
27-3
short-term debt 47.2% · cash 0.5%
Profitability
44-18
return on assets -0.9%
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).
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: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.5 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
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: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.06, compared with 0.08 in 2024, below 1; short-term debt: 47.2% and cash: 0.5% of total assets), and 53.5% 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 86, micro): better than 37% on solvency, 5% on liquidity, 7% on profitability and 33% 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
29 days late
2023
5 days early
2022
130 days early
2021
114 days early
2020
33 days early
2019
20 days late
← 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 39 days before the deadline; the sector median (NACE 86) 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 22 June (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Purpose · Amendment of the articles…Name change · Purpose change…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
Turnover
≈ €200,000
Estimated: probably between €130,000 and €310,000
Total assets
€650,402▼ 1.7%
2024 · €661,854
Net result
-€5,802
2024 · €22,025
Working capital
-€288,688▼ 6.8%
2024 · -€270,240
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 72% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€15,440
2025
Net result-€5,802
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€650,402
2025
Equity€302,239
2025
Debt€328,284
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€288,688
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency46.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.06
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 86, Human health 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€4,169-€16,450▲ 295%€20,867▲ 26.9%€21,159▲ 1.4%€2,536▼ 88.0%€19,158▲ 655%€56,100▲ 193%€15,440▼ 72.5%
Net result-€8,434-€4,998€13,971below the sector's middle half▲ 180%€10,163below the sector's middle half▼ 27.3%-€5,069below the sector's middle half€1,126below the sector's middle half€22,025within the sector's middle half▲ 20×-€5,802below the sector's middle half
Equity€260,826-€265,824▲ 1.9%€279,795within the sector's middle half▲ 5.3%€289,959within the sector's middle half▲ 3.6%€284,890within the sector's middle half▼ 1.7%€286,016within the sector's middle half▲ 0.4%€308,040within the sector's middle half▲ 7.7%€302,239within the sector's middle half▼ 1.9%
Total assets€669,298-€639,888▼ 4.4%€622,299above the sector's middle half▼ 2.7%€620,288above the sector's middle half▼ 0.3%€689,766above the sector's middle half▲ 11.2%€674,881above the sector's middle half▼ 2.2%€661,854above the sector's middle half▼ 1.9%€650,402above the sector's middle half▼ 1.7%
Debt€373,662-€341,470▼ 8.6%€312,128▼ 8.6%€302,170▼ 3.2%€378,934▲ 25.4%€365,140▼ 3.6%€332,305▼ 9.0%€328,284▼ 1.2%
Working capital-€254,476--€240,849▲ 5.4%-€221,039below the sector's middle half▲ 8.2%-€233,279below the sector's middle half▼ 5.5%-€319,362below the sector's middle half▼ 36.9%-€321,656below the sector's middle half▼ 0.7%-€270,240below the sector's middle half▲ 16.0%-€288,688below the sector's middle half▼ 6.8%
Solvency39.0%-41.5%▲ 2.6pp45.0%within the sector's middle half▲ 3.4pp46.7%within the sector's middle half▲ 1.8pp41.3%within the sector's middle half▼ 5.4pp42.4%within the sector's middle half▲ 1.1pp46.5%within the sector's middle half▲ 4.2pp46.5%within the sector's middle half▼ 0.1pp
Current ratio0.04-0.05▲ 0.010.11below the sector's middle half▲ 0.060.09below the sector's middle half▼ 0.020.08below the sector's middle half▼ 0.020.07below the sector's middle half▼ 0.010.08below the sector's middle half▲ 0.010.06below the sector's middle half▼ 0.02
Return on assets (ROA)-1.3%-0.8%▲ 2.0pp2.2%below the sector's middle half▲ 1.5pp1.6%below the sector's middle half▼ 0.6pp-0.7%below the sector's middle half▼ 2.4pp0.2%below the sector's middle half▲ 0.9pp3.3%below the sector's middle half▲ 3.2pp-0.9%below the sector's middle half▼ 4.2pp
above
within
below
the middle half of NACE 86, Human health 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 €650,402
Fixed assets
€632,291 ▼ 0.9%
Current assets
€18,111 ▼ 23.4%
Equity and liabilities €650,402
Equity
€302,239 ▼ 1.9%
Provisions
€19,879 ▼ 7.6%
Debt
€328,284 ▼ 1.2%
Debt's share of the balance-sheet total rises from 50.2% to 50.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€67,601▼
2024 · €103,059
Cash flow
€46,360▼
2024 · €68,984
Debt to equity
1.09▲
2024 · 1.08
ROE
-1.9%▼
2024 · 7.1%
Interest coverage
3.13▼
2024 · 4.63
Debt ≤ 1 year
€306,799▲
2024 · €293,879
Income taxes
€1,263▼
2024 · €14,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94.2%
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 0.1% 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%.
| 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 8,617 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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,219 | €34,413 | €34,186 | €36,080 | €40,020 | €43,852 | €46,959 | €52,161 | ▲ 11.1% |
| Other operating charges640/8 | - | - | - | €2,041 | €2,151 | €4,594 | €2,304 | €2,415 | ▲ 4.8% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - | - |
| Gross operating margin9900 | €39,972 | €52,409 | €57,460 | €59,280 | €44,707 | €67,603 | €105,363 | €70,016 | ▼ 33.5% |
| Operating profit (loss)9901 | €4,169 | €16,450 | €20,867 | €21,159 | €2,536 | €19,158 | €56,100 | €15,440 | ▼ 72.5% |
| Financial income75/76B | - | - | - | €0 | €1 | €65 | €0 | €0 | ▼ 75.0% |
| Recurring financial income75 | - | - | €3 | €0 | €1 | €65 | €0 | €0 | ▼ 75.0% |
| Financial charges65/66B | - | - | - | €10,495 | €11,796 | €18,460 | €22,251 | €21,609 | ▼ 2.9% |
| Recurring financial charges65 | €14,698 | €13,613 | €9,116 | €10,495 | €11,796 | €18,460 | €22,251 | €21,609 | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | -€10,529 | €2,837 | €11,754 | €10,664 | -€9,259 | €763 | €33,849 | -€6,169 | - |
| Transfer from deferred taxes780 | - | - | - | €2,217 | €2,217 | €2,217 | €2,217 | €1,630 | ▼ 26.4% |
| Income taxes67/77 | €122 | €55 | €0 | €2,717 | -€1,973 | €1,854 | €14,041 | €1,263 | ▼ 91.0% |
| Profit (loss) for the period9904 | -€8,434 | €4,998 | €13,971 | €10,163 | -€5,069 | €1,126 | €22,025 | -€5,802 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €4,305 | €4,305 | €4,305 | €4,305 | €4,891 | ▲ 13.6% |
| Profit (loss) for the period to be appropriated9905 | -€4,159 | €9,274 | €18,276 | €14,469 | -€764 | €5,431 | €26,330 | -€910 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €669,298 | €639,888 | €622,299 | €620,288 | €689,766 | €674,881 | €661,854 | €650,402 | ▼ 1.7% |
| Fixed assets21/28 | €657,985 | €627,448 | €595,391 | €596,412 | €662,945 | €650,115 | €638,215 | €632,291 | ▼ 0.9% |
| Tangible fixed assets22/27 | €657,895 | €627,358 | €595,391 | €596,412 | €662,945 | €650,115 | €638,215 | €632,291 | ▼ 0.9% |
| Land and buildings22 | - | - | - | €588,466 | €646,941 | €621,726 | €605,924 | €581,815 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | €6,711 | €5,244 | €1,849 | €5,541 | €26,571 | ▲ 380% |
| Furniture and vehicles24 | - | - | - | €1,235 | €10,759 | €26,541 | €26,750 | €23,905 | ▼ 10.6% |
| Financial fixed assets28 | €90 | €90 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €11,313 | €12,440 | €26,908 | €23,876 | €26,821 | €24,766 | €23,639 | €18,111 | ▼ 23.4% |
| Stocks and contracts in progress3 | €2,200 | €2,200 | €2,200 | €2,200 | €2,200 | €2,200 | €2,200 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €2,200 | €2,200 | €2,200 | €2,200 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €5,762 | €5,930 | €5,649 | €7,283 | €9,165 | €20,973 | €12,871 | €12,908 | ▲ 0.3% |
| Trade receivables40 | - | - | - | €7,283 | €9,165 | €20,828 | €12,871 | €12,908 | ▲ 0.3% |
| Other amounts receivable41 | - | - | - | - | - | €146 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,543 | €2,796 | €17,718 | €12,467 | €10,733 | €289 | €7,922 | €3,060 | ▼ 61.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,926 | €4,723 | €1,304 | €647 | €2,142 | ▲ 231% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €669,298 | €639,888 | €622,299 | €620,288 | €689,766 | €674,881 | €661,854 | €650,402 | ▼ 1.7% |
| Equity10/15 | €260,826 | €265,824 | €279,795 | €289,959 | €284,890 | €286,016 | €308,040 | €302,239 | ▼ 1.9% |
| Contributions10/11 | €170,000 | €170,000 | - | €170,000 | €170,000 | €170,000 | €170,000 | €170,000 | = |
| Reserves13 | €127,673 | €123,398 | €119,093 | €119,959 | €115,654 | €116,016 | €138,040 | €133,149 | ▼ 3.5% |
| Non-distributable reserves130/1 | - | - | - | €17,000 | €17,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €17,000 | €17,000 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €54,836 | €50,531 | €46,226 | €41,921 | €37,030 | ▼ 11.7% |
| Distributable reserves133 | - | - | - | €48,122 | €48,122 | €69,789 | €96,119 | €96,119 | = |
| Profit (loss) carried forward14 | -€36,847 | -€27,574 | -€9,298 | €0 | -€764 | €0 | - | -€910 | - |
| Provisions and deferred taxes16 | €34,810 | €32,593 | €30,376 | €28,159 | €25,943 | €23,726 | €21,509 | €19,879 | ▼ 7.6% |
| Deferred taxes168 | - | - | - | €28,159 | €25,943 | €23,726 | €21,509 | €19,879 | ▼ 7.6% |
| Amounts payable17/49 | €373,662 | €341,470 | €312,128 | €302,170 | €378,934 | €365,140 | €332,305 | €328,284 | ▼ 1.2% |
| Amounts payable after more than one year17 | €98,025 | €77,921 | €57,391 | €36,434 | €22,624 | €1,527 | €0 | - | - |
| Financial debts170/4 | - | - | - | €36,434 | €22,624 | €1,527 | €0 | - | - |
| Amounts payable within one year42/48 | €265,789 | €253,289 | €247,948 | €257,155 | €346,183 | €346,422 | €293,879 | €306,799 | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,958 | €27,376 | €21,097 | €1,527 | €0 | ▼ 100% |
| Trade debts44 | €2,985 | €235 | €353 | €1,097 | €3,389 | €876 | €904 | €3,470 | ▲ 284% |
| Suppliers440/4 | - | - | - | €1,097 | €3,389 | €876 | €904 | €3,470 | ▲ 284% |
| Taxes, remuneration and social security45 | - | - | - | €4,517 | €3,450 | €5,070 | €13,461 | €10,624 | ▼ 21.1% |
| Taxes450/3 | - | - | - | €4,517 | €1,800 | €970 | €8,141 | €9,404 | ▲ 15.5% |
| Remuneration and social security454/9 | - | - | - | - | €1,650 | €4,100 | €5,320 | €1,220 | ▼ 77.1% |
| Other amounts payable47/48 | - | - | - | €230,583 | €311,968 | €319,379 | €277,987 | €292,705 | ▲ 5.3% |
| Accrued charges and deferred income492/3 | - | - | - | €8,581 | €10,128 | €17,191 | €38,426 | €21,485 | ▼ 44.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,434 | €4,998 | €13,971 | €10,163 | -€5,069 | €1,126 | €22,025 | -€5,802 | - |
| + Depreciation and write-downs630 | €34,219 | €34,413 | €34,186 | €36,080 | €40,020 | €43,852 | €46,959 | €52,161 | ▲ 11.1% |
| Operating cash flow (approximation) | €25,785 | €39,411 | €48,157 | €46,243 | €34,951 | €44,978 | €68,984 | €46,360 | ▼ 32.8% |
| Investment in fixed assets (approximation) | - | -€3,876 | -€2,129 | -€37,101 | -€106,553 | -€31,022 | -€35,059 | -€46,237 | ▼ 31.9% |
| Change in cash | - | €1,252 | €14,923 | -€5,252 | -€1,734 | -€10,444 | €7,633 | -€4,862 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00182894 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00441606 |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00298596 |
| 31-12-2022 | micro format | 23-03-2023 | 2023-00044794 |
| 31-12-2021 | micro format | 08-04-2022 | 2022-20001691 |
| 31-12-2020 | micro format | 28-06-2021 | 2021-26300127 |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42700413 |
| 31-12-2018 | abbreviated format | 31-07-2019 | 2019-42300017 |
| 31-12-2017 | abbreviated format | 22-06-2018 | 2018-21900280 |
| 31-12-2016 | abbreviated format | 04-07-2017 | 2017-27000166 |
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Of the 12,614 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,252. 1,453 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
Beata Roberti
CurrentDirector (not named in the articles) · since 31-01-2023
Erik Merchiers
CurrentDirector (not named in the articles) · since 31-01-2023
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
3 of this company's 5 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
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Beata Roberti |
|
| Erik Merchiers |
|
Owners and capital
Capital and shareholders
Capital over the years
- 13-01-2026 Capital stated in the deed · 200 shares
- 31-01-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
13-01
Gazette deed
Purpose · Amendment of the articles · NameName change · Purpose change · Capital7 facts ▸
Gazette deed
Purpose · Amendment of the articles · Name
Name change · Purpose change · Capital7 facts ▸
- General meeting, 19-12-2025
- Name change, CAP2
- Purpose change
- Amendment of the articles
- Capital
- Power of attorney, Bernard VANDERPLAETSEN
- Power of attorney, Erika Redel
2025
29-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-12
Financial
Highest result from 2018 to 2025net €22,025 ▲1,856%
Operating result €56,100, net result €22,025, both a record.
26-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Back to profitnet €1,126
Net result €1,126 after one loss-making year.
23-03
NBB filing
Annual accounts filed
financial year 2022 · micro format
31-01
Gazette deed
Resignations: Erik Merchiers (manager) and Beata Roberti (manager)Appointments: Erik Merchiers (director) and Beata Roberti (director) · Legal-form conversion · Capital conversion11 facts ▸
Gazette deed
Resignations: Erik Merchiers (manager) and Beata Roberti (manager)
Appointments: Erik Merchiers (director) and Beata Roberti (director) · Legal-form conversion · Capital conversion11 facts ▸
- General meeting, “voorzittersuiteenzetting juist bevonden, geldig samengesteld en bevoegd over agendapunten” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, Erik Merchiers (manager)
- Director resignation, Beata Roberti (manager)
- Director appointment, Erik Merchiers (director (not named in the articles))
- Director appointment, Beata Roberti (director (not named in the articles))
- Power of attorney
2022
08-04
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
28-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
20-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 20 days late
2019
31-12
Financial
Back to profitnet €4,998
Net result €4,998 after one loss-making year.
Show earlier events
31-07
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
22-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
04-07
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 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
2 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 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
Founded13-06-2001
Financial year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
86951Physiotherapy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474987818
Also
9925:BE0474987818
Registered
14-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0474.987.818
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2001
Ground area
1,286 m²
Building footprint
240 m²
Building volume
863 m³
Parcel 44064B0726/00M000, Flanders · tallest building 5.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CAP2
since 2001unit no. 2.116.382.622
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44064B0726/00M000 | Flanders | 1,286 m² | 1 · 240 m² | 5.0 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CAP2
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 9830 Sint-Martens-Latem, Karel Van Wijnendaelelaan 24” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, dienen de bestuurders tezamen op te treden intern en ten aanzien van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, Bestuursorgaan” (deed in Dutch)“Intern en ten aanzien van derden, Bevoegdheden van het bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Artikel 8” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting door deskundige bepaald, na aftrek van rechten waarvan overdracht…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van aantal aandelen in bezit, Artikel 7” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed