CAP5
ActiveSummary
The computed 12-month bankruptcy probability of CAP5 is 3.0% (moderate). The 2024 annual accounts show negative equity (-€264,368) and a net result of €45,800. Equity is shrinking by ~16.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 457 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,015 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79,415 | €95,801 | €238,370 | €202,871 | €153,167 | ▼ 24.5% |
| Other operating charges640/8 | - | €4,662 | €8,692 | €11,924 | €12,376 | ▲ 3.8% |
| Non-recurring operating charges66A | - | - | €45,313 | - | - | - |
| Gross operating margin9900 | -€13,096 | €129,887 | €106,409 | €253,430 | €240,502 | ▼ 5.1% |
| Operating profit (loss)9901 | -€114,458 | €29,424 | -€185,965 | €38,635 | €74,959 | ▲ 94.0% |
| Financial income75/76B | - | - | €1 | €1 | €80 | ▲ 8,411% |
| Recurring financial income75 | €0 | - | €1 | €1 | €80 | ▲ 8,411% |
| Financial charges65/66B | - | €9,625 | €28,129 | €31,365 | €29,239 | ▼ 6.8% |
| Recurring financial charges65 | €9,685 | €9,625 | €28,129 | €31,365 | €29,239 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | -€124,143 | €19,798 | -€214,094 | €7,271 | €45,800 | ▲ 530% |
| Profit (loss) for the period9904 | -€124,143 | €19,798 | -€214,094 | €7,271 | €45,800 | ▲ 530% |
| Profit (loss) for the period to be appropriated9905 | -€124,143 | €19,798 | -€214,094 | €7,271 | €45,800 | ▲ 530% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.2m | €3.2m | €3.2m | €3.0m | ▼ 4.9% |
| Fixed assets21/28 | €1.2m | €1.1m | €3.1m | €3.0m | €2.9m | ▼ 4.4% |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €3.1m | €3.0m | €2.9m | ▼ 4.4% |
| Land and buildings22 | - | €716,536 | €2.5m | €2.4m | €2.4m | ▼ 2.6% |
| Plant, machinery and equipment23 | - | €319,389 | €469,221 | €507,726 | €456,990 | ▼ 10.0% |
| Furniture and vehicles24 | - | €29,083 | €70,556 | €86,522 | €67,588 | ▼ 21.9% |
| Current assets29/58 | €48,631 | €123,450 | €149,654 | €162,545 | €137,759 | ▼ 15.2% |
| Amounts receivable within one year40/41 | - | €73,359 | - | - | €155 | - |
| Trade receivables40 | - | €73,359 | - | - | - | - |
| Other amounts receivable41 | - | - | - | - | €155 | - |
| Cash at bank and in hand54/58 | €48,406 | €49,865 | €149,159 | €161,949 | €136,968 | ▼ 15.4% |
| Deferred charges and accrued income490/1 | - | €226 | €495 | €596 | €636 | ▲ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €3.2m | €3.2m | €3.0m | ▼ 4.9% |
| Equity10/15 | -€123,143 | -€103,344 | -€317,439 | -€310,167 | -€264,368 | ▲ 14.8% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€124,143 | -€104,344 | -€318,439 | -€311,167 | -€265,368 | ▲ 14.7% |
| Amounts payable17/49 | €1.3m | €1.3m | €3.5m | €3.5m | €3.3m | ▼ 5.8% |
| Amounts payable after more than one year17 | €922,098 | €1.2m | €3.3m | €3.2m | €3.1m | ▼ 3.5% |
| Financial debts170/4 | - | €860,252 | €2.2m | €2.3m | €2.1m | ▼ 5.2% |
| Other amounts payable178/9 | - | €318,920 | €1.1m | €984,525 | €988,386 | ▲ 0.4% |
| Amounts payable within one year42/48 | €403,892 | €112,632 | €220,637 | €243,130 | €138,729 | ▼ 42.9% |
| Current portion of amounts payable after more than one year42 | - | €42,926 | €109,909 | €120,019 | €121,502 | ▲ 1.2% |
| Trade debts44 | €3,113 | - | €25,563 | €4,886 | €3,497 | ▼ 28.4% |
| Suppliers440/4 | - | - | €25,563 | €4,886 | €3,497 | ▼ 28.4% |
| Other amounts payable47/48 | - | €69,705 | €85,165 | €118,225 | €13,729 | ▼ 88.4% |
| Accrued charges and deferred income492/3 | - | - | €992 | €957 | €17,453 | ▲ 1,723% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€124,143 | €19,798 | -€214,094 | €7,271 | €45,800 | ▲ 530% |
| + Depreciation and write-downs630 | €79,415 | €95,801 | €238,370 | €202,871 | €153,167 | ▼ 24.5% |
| Operating cash flow (approximation) | -€44,728 | €115,600 | €24,276 | €210,142 | €198,967 | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | -€485 | -€2.3m | -€141,298 | -€21,382 | ▲ 84.9% |
| Change in cash | - | €1,459 | €99,294 | €12,790 | -€24,981 | ▼ 295% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0047/00A025 | Flanders | 2,852 m² | 1 · 195 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.