CAPANDER
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CAPANDER has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €214,491, of which €231,546 non-recurring income. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 54% of 5,034 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 22-03-2016 Normal situation
- Legal form
- Public limited company
- Registered office
- Chaussée de Mons 225, 6150 Anderlues
- Activity
- Other non-specialised retail sale NACE 47120and 1 other
- Establishment unit
- 2.251.874.695 6150 Anderlues, since 05-04-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Who decides
Board
- COGESTINTERDirector · since 11-09-2023 · permanent representative CHIAVETTA Salvatore Giacomino Dominique
- Marie-Odile OTLETDirector · since 11-09-2023
- Mathieu SIMONEDirector · since 11-09-2023
- CISELET Olivier André JosephDirector
Shareholders
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €2.3m
- ▼ 16.6%
- Turnover
- ≈ €16.0m
- estimated
- Profit
- €214,491
- ▼ 23.6%
- Equity
- €1.8m
- ▲ 0.8%
- Total assets
- €4.6m
- ▼ 14.8%
- Staff
- 48.2 FTE
- ▲ 3.9%
2025 accounts filed 31 days late
Filed on 31-08-2026at the National Bank
Why 89raises riskLast filed accounts filed 31 days late; 3 of the last 3 latelowers riskSize: 48.2 FTE, total assets €4.6mLiquidity: current ratio 1.36, cash €991,124Figures for financial year 2025 (filed 31-08-2026)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Strong
Solvency
64+6
equity 39.4% of total assets
Liquidity
52-7
short-term debt 50.2% · cash 21.6%
Profitability
75=
return on assets 4.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.2%▼ -0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.3%▼ -0.3 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.2%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.36, compared with 1.32 in 2024, below the usual 1.5; short-term debt: 50.2% and cash: 21.6% of total assets), and 60.6% 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 47, small): better than 61% on solvency, 67% on liquidity, 66% on profitability and 40% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
61 days late
2022
28 days late
2021
61 days late
2020
28 days late
2019
91 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 47 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, full format
In the rankings
#2 company by total assets in Anderlues, Wholesale and retail trade sector#2 company by equity in Anderlues, Wholesale and retail trade sector#4 employer in Anderlues
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456291.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- full format
- Reference
- 2026-00456291
Turnover
€20.6m▲ 34.8%
2021 · €15.3m
EBIT margin
4.1%▲ 1.1pp
2021 · 3.0%
Net result
€214,491▼ 23.6%
2024 · €280,605
Working capital
€818,620▼ 6.2%
2024 · €872,512
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 65% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€20.6m
2022
Operating result€0.3m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.6m
2025
Equity€1.8m
2025
Debt€2.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin4.1%
2022
Return on assets (ROA)4.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency39.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.36
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)48.2
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€11.1m-€11.9m▲ 7.5%€13.5m▲ 12.7%€15.3m▲ 13.7%€20.6m▲ 34.8%
Operating result€0.6m-€0.6m▲ 7.9%€0.7m▲ 15.0%€0.5m▼ 34.0%€0.8m▲ 83.3%€1.0m▲ 18.8%€0.7m▼ 27.4%€0.3m▼ 64.7%
Net result€0.4m-€0.4m▼ 11.9%€0.5mabove the sector's middle half▲ 33.4%€0.4mabove the sector's middle half▼ 26.0%€0.5mabove the sector's middle half▲ 44.4%€0.7mabove the sector's middle half▲ 36.2%€0.3mabove the sector's middle half▼ 59.4%€0.2mabove the sector's middle half▼ 23.6%
EBIT margin5.0%-5.1%=5.2%▲ 0.1pp3.0%▼ 2.2pp4.1%▲ 1.1pp
Equity€0.3m-€0.4m▲ 35.4%€0.6mwithin the sector's middle half▲ 43.2%€0.6mwithin the sector's middle half▲ 8.9%€1.1mabove the sector's middle half▲ 80.4%€1.8mabove the sector's middle half▲ 60.7%€1.8mabove the sector's middle half▼ 2.2%€1.8mabove the sector's middle half▲ 0.8%
Total assets€2.1m-€1.9m▼ 8.5%€2.1mabove the sector's middle half▲ 9.7%€4.2mabove the sector's middle half▲ 97.7%€4.4mabove the sector's middle half▲ 3.8%€4.7mabove the sector's middle half▲ 8.3%€5.4mabove the sector's middle half▲ 13.4%€4.6mabove the sector's middle half▼ 14.8%
Debt€1.8m-€1.5m▼ 15.7%€1.6m▲ 0.9%€3.6m▲ 131%€3.2m▼ 9.7%€2.9m▼ 10.1%€3.6m▲ 23.2%€2.8m▼ 22.5%
Working capital€0.1m-€0.2m▲ 81.0%€0.3mwithin the sector's middle half▲ 59.2%-€0.2mbelow the sector's middle half€0.2mwithin the sector's middle half€0.8mabove the sector's middle half▲ 298%€0.9mabove the sector's middle half▲ 10.4%€0.8mwithin the sector's middle half▼ 6.2%
Solvency14.1%-20.8%▲ 6.7pp27.2%within the sector's middle half▲ 6.4pp15.0%within the sector's middle half▼ 12.2pp26.0%within the sector's middle half▲ 11.0pp38.6%within the sector's middle half▲ 12.6pp33.3%within the sector's middle half▼ 5.3pp39.4%within the sector's middle half▲ 6.1pp
Current ratio1.07-1.15▲ 0.081.22within the sector's middle half▲ 0.070.90below the sector's middle half▼ 0.331.10within the sector's middle half▲ 0.201.43within the sector's middle half▲ 0.331.32within the sector's middle half▼ 0.101.36within the sector's middle half▲ 0.03
Return on assets (ROA)19.0%-18.3%▼ 0.7pp22.3%above the sector's middle half▲ 4.0pp8.3%within the sector's middle half▼ 13.9pp11.6%above the sector's middle half▲ 3.3pp14.6%above the sector's middle half▲ 3.0pp5.2%within the sector's middle half▼ 9.4pp4.7%within the sector's middle half▼ 0.5pp
Staff (FTE)29.9-34.4▲ 15.1%32.4above the sector's middle half▼ 5.8%35above the sector's middle half▲ 8.0%42above the sector's middle half▲ 20.0%46above the sector's middle half▲ 9.5%46.4above the sector's middle half▲ 0.9%48.2above the sector's middle half▲ 3.9%
above
within
below
the middle half of NACE 47, Retail trade: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€1.5m ▼ 19.4%
Current assets
€3.1m ▼ 12.5%
Equity and liabilities €4.6m
Equity
€1.8m ▲ 0.8%
Debt
€2.8m ▼ 22.5%
Debt's share of the balance-sheet total falls from 66.7% to 60.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€667,133▼
2024 · €1.1m
Cash flow
€625,365▼
2024 · €688,715
Quick ratio
0.98▼
2024 · 1.02
Debt to equity
1.54▼
2024 · 2.00
ROE
11.9%▼
2024 · 15.7%
Interest coverage
8.67▼
2024 · 10.71
Debt ≤ 1 year
€2.3m▼
2024 · €2.7m
Debt > 1 year
€474,476▼
2024 · €786,863
Income taxes
€43,413▼
2024 · €332,700
Staff costs
€1.6m▲
2024 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96.0% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96.0%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 6,049 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 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €11.1m | €11.9m | €13.5m | €15.3m | €20.6m | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €0.004m | €0.2m | €0.1m | €0.03m | €0.2m | ▲ 757% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €13.5m | €18.3m | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.3m | €1.6m | €1.7m | €1.5m | €1.6m | ▲ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.1m | €0.1m | €0.2m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.09m | €0.05m | €0.04m | €0.1m | €0.05m | ▼ 59.7% |
| Non-recurring operating charges66A | - | - | - | €0.002m | €0.002m | €0.01m | €0.002m | €0.001m | ▼ 76.6% |
| Gross operating margin9900 | €1.7m | €1.9m | €2.0m | €2.1m | €2.8m | €3.1m | €2.8m | €2.3m | ▼ 16.6% |
| Operating profit (loss)9901 | €0.6m | €0.6m | €0.7m | €0.5m | €0.8m | €1.0m | €0.7m | €0.3m | ▼ 64.7% |
| Financial income75/76B | - | - | - | €0.03m | €0.03m | €0.06m | €0.08m | €0.08m | ▲ 4.2% |
| Recurring financial income75 | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | €0.06m | €0.07m | €0.08m | ▲ 10.8% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.005m | - | - |
| Financial charges65/66B | - | - | - | €0.1m | €0.2m | €0.1m | €0.2m | €0.08m | ▼ 58.9% |
| Recurring financial charges65 | €0.04m | €0.1m | €0.09m | €0.1m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 27.3% |
| Non-recurring financial charges66B | - | - | - | €0.01m | €0.01m | €0.04m | €0.08m | €42 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.5m | €0.6m | €0.4m | €0.7m | €0.9m | €0.6m | €0.3m | ▼ 57.9% |
| Income taxes67/77 | €0.1m | €0.2m | €0.1m | €0.01m | €0.2m | €0.2m | €0.3m | €0.04m | ▼ 87.0% |
| Profit (loss) for the period9904 | €0.4m | €0.4m | €0.5m | €0.4m | €0.5m | €0.7m | €0.3m | €0.2m | ▼ 23.6% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €0.1m | €0.2m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.3m | €0.3m | €0.4m | €0.5m | €0.8m | €0.5m | €0.2m | ▼ 53.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €1.9m | €2.1m | €4.2m | €4.4m | €4.7m | €5.4m | €4.6m | ▼ 14.8% |
| Formation expenses20 | €0 | €0 | €234 | €0.04m | €0 | - | - | €0.001m | - |
| Fixed assets21/28 | €0.6m | €0.5m | €0.5m | €2.3m | €2.1m | €2.1m | €1.8m | €1.5m | ▼ 19.4% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.08m | €0.04m | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €2.1m | €2.0m | €2.0m | €1.7m | €1.4m | ▼ 18.1% |
| Land and buildings22 | - | - | - | - | - | €0.001m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €1.4m | €1.2m | €1.3m | €1.2m | €1.0m | ▼ 16.1% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 36.6% |
| Leasing and similar rights25 | - | - | - | €0.04m | €0.03m | €0.02m | €0.004m | - | - |
| Other tangible fixed assets26 | - | - | - | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 14.1% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 7.0% |
| Current assets29/58 | €1.5m | €1.4m | €1.6m | €1.9m | €2.3m | €2.6m | €3.6m | €3.1m | ▼ 12.5% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 5.3% |
| Stocks30/36 | - | - | - | €0.6m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 5.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.3m | €0.5m | €0.3m | €0.5m | €1.1m | €1.1m | ▲ 5.4% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.4m | €0.7m | €0.5m | ▼ 34.3% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.06m | €0.1m | €0.4m | €0.7m | ▲ 77.5% |
| Cash at bank and in hand54/58 | €0.8m | €0.8m | €0.7m | €0.8m | €1.2m | €1.3m | €1.5m | €1.0m | ▼ 32.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.04m | €0.02m | €0.2m | €0.1m | ▼ 40.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €1.9m | €2.1m | €4.2m | €4.4m | €4.7m | €5.4m | €4.6m | ▼ 14.8% |
| Equity10/15 | €0.3m | €0.4m | €0.6m | €0.6m | €1.1m | €1.8m | €1.8m | €1.8m | ▲ 0.8% |
| Contributions10/11 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Capital10 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Issued capital100 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €0.06m | €0.1m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | - | €0.008m | €0.008m | - | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | - | - | - | €0.008m | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.2m | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.1m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.2m | €0.2m | €0.7m | €1.4m | €1.4m | €1.4m | ▲ 1.0% |
| Amounts payable17/49 | €1.8m | €1.5m | €1.6m | €3.6m | €3.2m | €2.9m | €3.6m | €2.8m | ▼ 22.5% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.2m | €1.5m | €1.2m | €1.1m | €0.8m | €0.5m | ▼ 39.7% |
| Financial debts170/4 | - | - | - | €1.5m | €1.2m | €1.0m | €0.8m | €0.5m | ▼ 39.9% |
| Other amounts payable178/9 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Amounts payable within one year42/48 | €1.4m | €1.2m | €1.3m | €2.1m | €2.1m | €1.8m | €2.7m | €2.3m | ▼ 14.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 11.4% |
| Financial debts43 | - | - | - | €0.1m | €0.1m | €0.1m | €0.3m | €0.07m | ▼ 76.4% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.3m | €0.07m | ▼ 76.4% |
| Trade debts44 | €0.7m | €0.6m | €0.6m | €1.2m | €1.2m | €1.1m | €1.7m | €1.5m | ▼ 10.0% |
| Suppliers440/4 | - | - | - | €1.2m | €1.2m | €1.1m | €1.7m | €1.5m | ▼ 10.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 25.5% |
| Taxes450/3 | - | - | - | €0 | €0.1m | €0.1m | €0.07m | €45 | ▼ 99.9% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 11.5% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.2m | €220 | €0.2m | €0.2m | ▲ 10.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.007m | €0.008m | €0.1m | €0.001m | ▼ 99.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.4m | €0.5m | €0.4m | €0.5m | €0.7m | €0.3m | €0.2m | ▼ 23.6% |
| + Depreciation and write-downs630 | €0.2m | €0.1m | €0.1m | €0.2m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.7% |
| Operating cash flow (approximation) | €0.6m | €0.5m | €0.6m | €0.6m | €0.9m | €1.1m | €0.7m | €0.6m | ▼ 9.2% |
| Investment in fixed assets (approximation) | - | -€0.05m | -€0.1m | -€2.0m | -€0.2m | -€0.4m | -€0.1m | -€0.06m | ▲ 48.6% |
| Change in cash | - | -€0.08m | -€0.02m | €0.07m | €0.4m | €0.1m | €0.1m | -€0.5m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00456291 | NBB |
| 31-12-2024 | full format | 31-08-2025 | 2025-00481727 | |
| 31-12-2023 | full format | 30-09-2024 | 2024-00490765 | |
| 31-12-2022 | full format | 28-08-2023 | 2023-00359453 | |
| 31-12-2021 | full format | 30-09-2022 | 2022-20441562 | |
| 31-12-2020 | full format | 28-08-2021 | 2021-56000282 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-65000124 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-55600296 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-53400001 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-50700234 |
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Of the 12,404 active companies whose main activity is other non-specialised retail sale (NACE 47120), figures are known for 2,222. 651 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
4 directors, last change in 2026
Board 4
COGESTINTER
Current
Administrateur unique non statutaire · since 11-09-2023 · Public limited company · permanent representative: CHIAVETTA Salvatore Giacomino Dominique · in the 2025 annual accounts, filed on 31-08-2026
Current
Current
CISELET Olivier André Joseph
Current
Administrateur suppléant · appointed in the act of 18-08-2026
Permanent representatives 1
CHIAVETTA Salvatore Giacomino Dominique
Current
Permanent representative · appointed in the act of 18-08-2026 · for COGESTINTER
Mandate history
9 people, 4 in office
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| COGESTINTER |
|
| Marie-Odile OTLET |
|
| Mathieu SIMONE |
|
| CISELET Olivier André Joseph |
|
| OTLET Marie-Odile Françoise |
|
| SIMONE Mathieu Raphaël Franz |
|
| Christelle BELLENGER |
|
| Luigi CAPONE |
|
| Mélina CAPONE |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 22 - Représentation de la société La société est valablement représentée à l’égard des tiers et notamment dans les actes auxquels…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Collégial (conseil d'administration) or unique (administrateur unique)”“3, 2”“Lieu indiqué dans les convocations, réunions conseil d'administration”“Délibérations conseil d'administration, moitié au moins des membres présente ou représentée”“Majorité simple des voix sans tenir compte des abstentions, majorité conseil d'administration”“Conflit d'intérêts administrateur, nature de la décision et conséquences patrimoniales dans le procès-verbal, intégralité dans le rapport de…”“Procès-verbaux conseil d'administration, signées par un ou plusieurs administrateurs ayant le pouvoir de représentation”“Individuellement, conjointement ou collégialement, gestion journalière”8 more provisions on this in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Trois ans, renouvelable, contrôle”1 more provision on this in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- 2 provisions in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
Articles of association, deed of 18-08-2026
Owners and capital
Owners
2 ownersChain of control
- COGESTINTER
- CAPANDER
Owners 2
-
95.21%
-
share not stated
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 18-08-2026 ↗
- COGESTINTER (BE 0805.123.061)
- CISELET Olivier André Joseph
- ITM BELGIUM (BE 0444.175.173)
Capital over the years
- 18-08-2026 Capital stated in the deed · 6,000 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Actionnaires peuvent prendre connaissance de l'intégralité du registre concernant leur classe, nominatives”“Droits exercés par l'usufruitier sauf disposition contraire dans testament ou convention, un seul propriétaire par action reconnu”“10, 47”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions et transmissions d'actions à titre onéreux ou gratuit à des tiers non actionnaires, organe d'administration avise sans délai les…”1 more provision on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 18-08-2026 (in French)
Group and network
Connections & network
4 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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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-08
financial year 2025 · full format · 31 days late
18-08
Gazette deed
Resignations: COGESTINTER, OTLET Marie-Odile Françoise and SIMONE Mathieu Raphaël FranzAppointments: COGESTINTER (administrateur unique non statutaire) and CISELET Olivier André Joseph (administrateur suppléant) · Permanent representative: CHIAVETTA Salvatore Giacomino Dominique · Kind of shares19 facts ▸
Gazette deed
Resignations: COGESTINTER, OTLET Marie-Odile Françoise and SIMONE Mathieu Raphaël Franz
Appointments: COGESTINTER (administrateur unique non statutaire) and CISELET Olivier André Joseph (administrateur suppléant) · Permanent representative: CHIAVETTA Salvatore Giacomino Dominique · Kind of shares19 facts ▸
- General meeting, “unanimity” (deed in French)
- Kind of shares, “create”, 6000 (deed in French)
- Declaration, “confirmation of report, confirmation of the report of the Organe d'administration and the Réviseur d'Entreprise regarding financial and accounting data” (deed in French)
- Shareholding, 6000, 2997
- Shareholding, 1, 1 (2 times)
- Capital
- Amendment of the articles (3 times)
- Capital, €84,025
- Capital contribution
- Director resignation, COGESTINTER (director)
- Director resignation, OTLET Marie-Odile Françoise (director)
- Director resignation, SIMONE Mathieu Raphaël Franz (director)
- +7 further facts in this act
2025
31-08
financial year 2024 · full format · 31 days late
2024
30-09
financial year 2023 · full format · 61 days late
2023
31-12
Financial
Highest result from 2018 to 2025net €691,260 ▲36.2%
Operating result €998,473, net result €691,260, both a record.
16-10
Gazette deed
Resignations: Luigi CAPONE, Mélina CAPONE and Christelle BELLENGERAppointments: COGESTINTER, Marie-Odile OTLET and Mathieu SIMONE · Permanent representative: Salvatore CHIAVETTA8 facts ▸
Gazette deed
Resignations: Luigi CAPONE, Mélina CAPONE and Christelle BELLENGER
Appointments: COGESTINTER, Marie-Odile OTLET and Mathieu SIMONE · Permanent representative: Salvatore CHIAVETTA8 facts ▸
- General meeting, 11-09-2023
- Director resignation, Luigi CAPONE (director)
- Director resignation, Mélina CAPONE (director)
- Director resignation, Christelle BELLENGER (director)
- Director appointment, COGESTINTER (director)
- Director appointment, Marie-Odile OTLET (director)
- Director appointment, Mathieu SIMONE (director)
- Permanent representative, Salvatore CHIAVETTA
28-08
Gazette deed
Reappointments: CAPONE Mélina, BELLENGER Christelle and Capone LuigiAppointment: Capone Luigi (managing director)6 facts ▸
Gazette deed
Reappointments: CAPONE Mélina, BELLENGER Christelle and Capone Luigi
Appointment: Capone Luigi (managing director)6 facts ▸
- General meeting, 07-06-2022
- Director reappointment, CAPONE Mélina (director)
- Director reappointment, BELLENGER Christelle (director)
- Director reappointment, Capone Luigi (director)
- Board meeting, 07-06-2022
- Director appointment, Capone Luigi (managing director)
28-08
financial year 2022 · full format · 28 days late
2022
31-12
Financial
Equity above €1mequity €1.1m ▲80.4%
A profit in every financial year since 2018 builds equity to €1.1m.
30-09
financial year 2021 · full format · 61 days late
2021
28-08
financial year 2020 · full format · 28 days late
2020
31-12
Financial
Equity above €500,000equity €579,823 ▲43.2%
A profit in every financial year since 2018 builds equity to €579,823.
Show earlier events
30-10
financial year 2019 · full format · 91 days late
2019
30-08
financial year 2018 · full format · 30 days late
2018
28-08
financial year 2017 · full format · 28 days late
2017
28-08
financial year 2016 · full format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
CAPANDER in French
Enterprise number
0650.673.624
Legal form
Public limited company
Status
Active, normale toestand
Founded
22-03-2016
Type
Legal entity
Where it is based
Registered office
Chaussée de Mons 225, 6150 Anderlues, Belgium
Establishments
1 establishment unit since 2016
E-mail
salvatore.chiavetta-adh@gmail.com
What it does
NACEBEL 202547110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
47120
Other non-specialised retail sale main activity
Invoicing and payment
VAT number
BE 0650.673.624
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'exploitation de surfaces commerciales dans le sens le plus large et notamment l'achat, la vente, la commercialisation au sens large de…”
3 activities
- L'exploitation de surfaces commerciales dans le sens le plus large et notamment l'achat, la vente, la commercialisation au sens large de produits alimentaires et non alimentaires ainsi que le commerce en viandes, charcuterie, volailles et gibiers abattus, le commerce en tabac, alcool et boissons spiritueuses
- À titre accessoire, l'achat, la construction, la gestion, la location, la sous-location, l'échange et la vente de tous biens et droits immobiliers
- Toutes les opérations se rapportant au commerce de détail: journaux et périodiques, bureau de lotto et de tiercé, vente de timbres, point de relais Kiala
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 6150 Anderlues, chaussée de Mons, 225”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Article 25 - Réunion - Convocation L'assemblée générale ordinaire se réunit annuellement le sept (7) du mois de juin, à 14 heures. Si ce…”
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Par écrit à l'unanimité, assemblée générale écrite”“Admission à l'assemblée, cinq jours francs avant la date fixée pour l'assemblée”“Bureau de l'assemblée, administrateurs présents complètent le bureau”“Délibération assemblée générale, majorité des voix quel que soit le nombre de titres représentés”3 more provisions on this in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
Articles of association, deed of 18-08-2026 (in French)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderluesunit no. 2.251.874.695
Legal Entity Identifier
254900OYFWT3Q8MPZC73
Sites & property
Registered office and establishments
1 establishment unit
CAPANDER
since 2016unit no. 2.251.874.695
Buildings and parcels at the address
Ground area
162 m²
Building footprint
372 m²
Building volume
2,240 m³
Parcel 56001A0094/00E002, Wallonia · tallest building 9.3 m.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56001A0094/00E002 | Wallonia | 162 m² | 1 · 372 m² | 9.3 m · 2 |