Capacitan
ActiveSummary
The computed 12-month bankruptcy probability of Capacitan is 1.9% (moderate). The 2025 annual accounts show equity of €24,194 and a net result of €1,544. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 28184 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+5
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 5.68 in 2024; short-term debt: 39.7% and cash: 71.9% of total assets), and 39.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.3%
Return on assets
3.8%
Age of the figures
9 mo
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 20-05-2026, 72 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
72 d early
2024
7 d early
2023
35 d early
2022
35 d early
2021
18 d early
2020
23 d early
2019
9 d early
← 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 28 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€24,194▼ 25.9%
2024 · €32,651
Total assets
€40,125▲ 2.9%
2024 · €39,006
Net result
€1,544▲ 917%
2024 · €152
Working capital
€22,527▼ 24.3%
2024 · €29,752
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,402€8,480€3,738▼ 55.9%€594▼ 84.1%€2,398▲ 304%
Net result-€54€5,944€2,748▼ 53.8%€152▼ 94.5%€1,544▲ 917%
Equity€23,807▼ 0.2%€29,751▲ 25.0%€32,499▲ 9.2%€32,651▲ 0.5%€24,194▼ 25.9%
Total assets€27,508▼ 28.2%€34,994▲ 27.2%€39,075▲ 11.7%€39,006▼ 0.2%€40,125▲ 2.9%
Debt€3,701▼ 74.4%€5,243▲ 41.7%€6,576▲ 25.4%€6,356▼ 3.4%€15,930▲ 151%
Working capital€22,346▲ 4.4%€28,827▲ 29.0%€32,043▲ 11.2%€29,752▼ 7.1%€22,527▼ 24.3%
Staff (FTE)1.20.4▼ 66.7%0.1▼ 75.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 304% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,125
Fixed assets
€1,667 ▼ 42.5%
Current assets
€38,458 ▲ 6.5%
Equity and liabilities €40,125
Equity
€24,194 ▼ 25.9%
Debt
€15,930 ▲ 151%
Debt's share of the balance-sheet total rises from 16.3% to 39.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3,630▲
2024 · €1,392
Cash flow
€2,775▲
2024 · €949
Current ratio
2.41▼
2024 · 5.68
Debt to equity
0.66▲
2024 · 0.19
ROE
6.4%▲
2024 · 0.5%
ROA
3.8%▲
2024 · 0.4%
Interest coverage
30.22▲
2024 · 9.56
Debt ≤ 1 year
€15,930▲
2024 · €6,356
Income taxes
€735▲
2024 · €331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 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% | 1.6% |
| 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 74% 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 5,047 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €41,354 | €18,157 | €5,734 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €990 | €537 | €467 | €798 | €1,231 | ▲ 54.4% |
| Other operating charges640/8 | €1,544 | €742 | €204 | €749 | €820 | ▲ 9.5% |
| Gross operating margin9900 | €39,486 | €27,916 | €10,143 | €2,141 | €4,450 | ▲ 108% |
| Operating profit (loss)9901 | -€4,402 | €8,480 | €3,738 | €594 | €2,398 | ▲ 304% |
| Financial income75/76B | €4,580 | €61 | €8 | €34 | €0 | ▼ 99.2% |
| Recurring financial income75 | €4,580 | €61 | €8 | €34 | €0 | ▼ 99.2% |
| Financial charges65/66B | €113 | €892 | €251 | €146 | €120 | ▼ 17.5% |
| Recurring financial charges65 | €113 | €892 | €251 | €146 | €120 | ▼ 17.5% |
| Profit (loss) for the period before taxes9903 | €66 | €7,648 | €3,494 | €483 | €2,279 | ▲ 372% |
| Income taxes67/77 | €119 | €1,704 | €746 | €331 | €735 | ▲ 122% |
| Profit (loss) for the period9904 | -€54 | €5,944 | €2,748 | €152 | €1,544 | ▲ 917% |
| Profit (loss) for the period to be appropriated9905 | -€54 | €5,944 | €2,748 | €152 | €1,544 | ▲ 917% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,508 | €34,994 | €39,075 | €39,006 | €40,125 | ▲ 2.9% |
| Fixed assets21/28 | €1,461 | €923 | €456 | €2,898 | €1,667 | ▼ 42.5% |
| Tangible fixed assets22/27 | €1,461 | €923 | €456 | €2,898 | €1,667 | ▼ 42.5% |
| Plant, machinery and equipment23 | €1,461 | €923 | €456 | €152 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €2,747 | €1,667 | ▼ 39.3% |
| Current assets29/58 | €26,047 | €34,070 | €38,619 | €36,108 | €38,458 | ▲ 6.5% |
| Stocks and contracts in progress3 | €5,360 | €0 | - | - | - | - |
| Stocks30/36 | €5,360 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €10,068 | €16,456 | €2,734 | €1,272 | €7,669 | ▲ 503% |
| Trade receivables40 | €8,000 | €10,512 | €0 | - | €7,142 | - |
| Other amounts receivable41 | €2,068 | €5,945 | €2,734 | €1,272 | €527 | ▼ 58.5% |
| Cash at bank and in hand54/58 | €10,619 | €17,132 | €34,170 | €33,442 | €28,863 | ▼ 13.7% |
| Deferred charges and accrued income490/1 | €0 | €482 | €1,715 | €1,394 | €1,925 | ▲ 38.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,508 | €34,994 | €39,075 | €39,006 | €40,125 | ▲ 2.9% |
| Equity10/15 | €23,807 | €29,751 | €32,499 | €32,651 | €24,194 | ▼ 25.9% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | - | - | - | - | €11,794 | - |
| Distributable reserves133 | - | - | - | - | €11,794 | - |
| Profit (loss) carried forward14 | €11,407 | €17,351 | €20,099 | €20,251 | €0 | ▼ 100% |
| Amounts payable17/49 | €3,701 | €5,243 | €6,576 | €6,356 | €15,930 | ▲ 151% |
| Amounts payable within one year42/48 | €3,701 | €5,243 | €6,576 | €6,356 | €15,930 | ▲ 151% |
| Trade debts44 | €2,147 | €1,209 | €3,134 | €1,395 | €3,316 | ▲ 138% |
| Suppliers440/4 | €2,147 | €1,209 | €3,134 | €1,395 | €3,316 | ▲ 138% |
| Taxes, remuneration and social security45 | €119 | €1,710 | €1,127 | €331 | €2,235 | ▲ 575% |
| Taxes450/3 | €119 | €1,710 | €1,127 | €331 | €2,235 | ▲ 575% |
| Other amounts payable47/48 | €1,435 | €2,324 | €2,315 | €4,630 | €10,379 | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54 | €5,944 | €2,748 | €152 | €1,544 | ▲ 917% |
| + Depreciation and write-downs630 | €990 | €537 | €467 | €798 | €1,231 | ▲ 54.4% |
| Operating cash flow (approximation) | €936 | €6,481 | €3,215 | €949 | €2,775 | ▲ 192% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3,240 | €0 | ▲ 100% |
| Change in cash | - | €6,513 | €17,038 | -€728 | -€4,579 | ▼ 529% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5,944
Net result €5,944 after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 7.04
Current ratio from 2.48 to 7.04; short-term debt falls from €14,470 to €3,701.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12,187
Net result €12,187 after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2018
Ground area
250 m²
Building footprint
97 m²
Volume, LiDAR
737 m³
Parcel 11346B0982/00Z004, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Capacitan BVBA
since 20182.281.585.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0982/00Z004 | Flanders | 250 m² | 1 · 97 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 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 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,612 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
Founded05-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
16230Manufacture of other builders' carpentry and joinery
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43341Painting of buildings
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712845377
Also
9925:BE0712845377
Registered
20-07-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.