CAPE COD
ActiveSummary
CAPE COD has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,823 and a net result of €13,228. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 25% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-06-2002 Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716and 3 others
- Establishment unit
- 2.093.445.783 5580 Rochefort, since 09-08-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 12-10-2026
Board and ownership
- Alain FLAGOTHIERDirector
- MULLENS Anique Yvonne Léonce GhislaineDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Turnover
- €247,803
- ▼ 0.5%
- Profit
- €13,228
- ▲ 40.9%
- Equity
- €9,823
- Total assets
- €264,840
- ▲ 0.7%
- Staff
- 0.1 FTE
- ▼ 66.7%
Score breakdownraises riskSector: Retail trade (NACE 47)Equity €9,823 (3.7% of total assets)lowers riskFounded in 2002Size: turnover €247,803, total assets €264,840Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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, micro). It does better than 22% of them on solvency, 6% on liquidity, 36% on profitability and 71% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-01-2026 PDF all 23 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 51% higher than in 2024. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - | - |
| part-time | 1 | 1 | - | - |
| in full-time equivalents | 0.2 | 0.2 | - | - |
| Average over the year, in full-time equivalents | 0.2 | 0.1 | 0.1 | 0.1 |
| Joined | - | 1 | 4 | 5 |
| Left | - | 1 | 5 | 5 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Comparable companies
These companies have the same main activity as CAPE COD: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €217,000 and €312,000, founded between 1998 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| CAPE COD Rochefort | 2002 | €264,840 | €9,823 | €18,486 | €247,803 | €13,228 | - | 2025 |
| FRANK SIMONS MANNENMODE Bocholt | 2004 | €242,689 | €124,100 | €21,893 | - | €2,623 | - | 2025 |
| MARYVO Maaseik | 1998 | €273,517 | €229,246 | €17,915 | - | €9,372 | - | 2026 |
| AL DANTE Sint-Gillis-Waas | 2002 | €217,151 | €16,048 | €18,063 | - | -€33,222 | 0.3 | 2025 |
| GIOIA MIA Brussel | 1998 | €262,641 | €150,245 | €21,325 | - | -€284 | - | 2025 |
| ABDIJ-KADO Antwerpen | 2003 | €310,854 | -€13,503 | €22,265 | - | -€35,172 | - | 2025 |
| MAX ET LOLA Ukkel | 1999 | €312,435 | -€70,517 | €15,503 | - | -€6,389 | - | 2026 |
They were chosen from the 2,579 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,083 companies had the same profile as CAPE COD has now. Two years later, 0.8% had gone bankrupt and 96.9% were still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of CAPE COD itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,083 companies, not a prediction for CAPE COD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €278,614 | €272,340 | €304,603 | €424,664 | €265,424 | €248,954 | €247,803 | ▼ 0.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €488,505 | €256,704 | €233,759 | €230,317 | ▼ 1.5% |
| Remuneration, social security and pensions62 | - | - | - | €6,099 | €2,353 | €4,632 | €3,020 | ▼ 34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,149 | €6,149 | €6,150 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €508 | €193 | €1,048 | €811 | ▼ 22.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €300 | - |
| Gross operating margin9900 | €17,919 | €3,691 | €42,847 | -€63,841 | €8,721 | €15,194 | €18,486 | ▲ 21.7% |
| Operating profit (loss)9901 | €2,947 | -€7,800 | €30,822 | -€70,449 | €6,174 | €9,514 | €14,355 | ▲ 50.9% |
| Financial income75/76B | - | - | - | €20,618 | €2,818 | €2,704 | €1,016 | ▼ 62.4% |
| Recurring financial income75 | €2,679 | €2,028 | €2,244 | €20,618 | €2,818 | €2,704 | €1,016 | ▼ 62.4% |
| Financial charges65/66B | - | - | - | €2,218 | €2,523 | €2,831 | €2,144 | ▼ 24.3% |
| Recurring financial charges65 | €3,299 | €3,231 | €2,009 | €2,218 | €2,523 | €2,831 | €2,144 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | €2,327 | -€9,003 | €31,057 | -€52,049 | €6,469 | €9,387 | €13,228 | ▲ 40.9% |
| Profit (loss) for the period9904 | €2,327 | -€9,003 | €31,057 | -€52,049 | €6,469 | €9,387 | €13,228 | ▲ 40.9% |
| Profit (loss) for the period to be appropriated9905 | €2,327 | -€9,003 | €31,057 | -€52,049 | €6,469 | €9,387 | €13,228 | ▲ 40.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €485,445 | €470,075 | €457,448 | €239,902 | €254,023 | €263,019 | €264,840 | ▲ 0.7% |
| Fixed assets21/28 | €12,299 | €6,150 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €12,299 | €6,150 | - | - | - | - | - | - |
| Current assets29/58 | €473,146 | €463,925 | €457,448 | €239,902 | €254,023 | €263,019 | €264,840 | ▲ 0.7% |
| Stocks and contracts in progress3 | €465,040 | €457,900 | €427,916 | €236,579 | €246,247 | €254,309 | €257,417 | ▲ 1.2% |
| Stocks30/36 | - | - | - | €236,579 | €246,247 | €254,309 | €257,417 | ▲ 1.2% |
| Amounts receivable within one year40/41 | €6,884 | €4,656 | €12,793 | €2,082 | €4,243 | €6,457 | €413 | ▼ 93.6% |
| Trade receivables40 | - | - | - | €2,082 | €4,243 | €6,457 | €413 | ▼ 93.6% |
| Cash at bank and in hand54/58 | €1,222 | €1,369 | €16,739 | €1,238 | €3,534 | €2,253 | €7,009 | ▲ 211% |
| Deferred charges and accrued income490/1 | - | - | - | €3 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €485,445 | €470,075 | €457,448 | €239,902 | €254,023 | €263,019 | €264,840 | ▲ 0.7% |
| Equity10/15 | €10,733 | €1,730 | €32,787 | -€19,262 | -€12,792 | -€3,405 | €9,823 | - |
| Contributions10/11 | €18,834 | €18,834 | €18,834 | €18,834 | €18,834 | €18,834 | €18,834 | = |
| Capital10 | - | - | - | €18,834 | €18,834 | €18,834 | €18,834 | = |
| Issued capital100 | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Uncalled capital101 | - | - | - | €6,166 | €6,166 | €6,166 | €6,166 | = |
| Reserves13 | €12,641 | €12,641 | €12,641 | €12,641 | €12,641 | €12,641 | €12,641 | = |
| Non-distributable reserves130/1 | - | - | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Legal reserve130 | - | - | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Tax-exempt reserves132 | - | - | - | €10,141 | €10,141 | €10,141 | €10,141 | = |
| Profit (loss) carried forward14 | -€20,742 | -€29,745 | €1,312 | -€50,737 | -€44,267 | -€34,880 | -€21,652 | ▲ 37.9% |
| Amounts payable17/49 | €474,712 | €468,345 | €424,661 | €259,163 | €266,815 | €266,424 | €255,017 | ▼ 4.3% |
| Amounts payable after more than one year17 | €7,744 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €466,968 | €468,345 | €424,661 | €259,160 | €266,815 | €266,424 | €255,017 | ▼ 4.3% |
| Trade debts44 | €9,158 | €22,461 | €4,728 | €3,952 | €7,331 | €2,726 | €1,233 | ▼ 54.8% |
| Suppliers440/4 | - | - | - | €3,952 | €7,331 | €2,726 | €1,233 | ▼ 54.8% |
| Taxes, remuneration and social security45 | - | - | - | €4,307 | €5,575 | €6,520 | €6,529 | ▲ 0.1% |
| Taxes450/3 | - | - | - | €4,307 | €5,575 | €6,520 | €6,529 | ▲ 0.1% |
| Other amounts payable47/48 | - | - | - | €250,901 | €253,909 | €257,177 | €247,255 | ▼ 3.9% |
| Accrued charges and deferred income492/3 | - | - | - | €3 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,327 | -€9,003 | €31,057 | -€52,049 | €6,469 | €9,387 | €13,228 | ▲ 40.9% |
| + Depreciation and write-downs630 | €6,149 | €6,149 | €6,150 | - | - | - | - | - |
| Operating cash flow (approximation) | €8,476 | -€2,854 | €37,207 | -€52,049 | €6,469 | €9,387 | €13,228 | ▲ 40.9% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - |
| Change in cash | - | €147 | €15,370 | -€15,501 | €2,295 | -€1,280 | €4,756 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 19-01-2026 | 2026-00009619 | |
| 30-06-2024 | micro format | 20-12-2024 | 2024-00622023 | |
| 30-06-2023 | micro format | 30-11-2023 | 2023-00519452 | |
| 30-06-2022 | micro format | 21-12-2022 | 2022-20545301 | |
| 30-06-2021 | micro format | 20-12-2021 | 2021-81600122 | |
| 30-06-2020 | micro format | 14-12-2020 | 2020-75700430 | |
| 30-06-2019 | micro format | 11-12-2019 | 2019-75900195 | |
| 30-06-2018 | micro format | 19-12-2018 | 2018-74800298 | |
| 30-06-2017 | micro format | 07-12-2017 | 2017-71400187 | |
| 30-06-2016 | full format | 19-12-2016 | 2016-70600159 |
Board & ownership
Directors
Owners and capital
Shareholders
- MULLENS Anique Yvonne Léonce Ghislaine all shares
Capital transactions
- 29-03-2023 Converted to unavailable equity
- 29-03-2023 Converted to uncalled contributions · €6,165.72
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Alain FLAGOTHIER |
|
| MULLENS Anique Yvonne Léonce Ghislaine |
|
Network & group
CAPE COD shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of CAPE COD. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-03
Gazette deed
Changes of role: MULLENS Anique Yvonne Léonce Ghislaine (director) and Alain FLAGOTHIER (director)Shareholding · Amendment of the articles · Capital conversion14 points ▸
- General meeting, 27-02-2023
- MULLENS Anique Yvonne Léonce Ghislaine holds all the shares
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres « apports non appelés »” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, MULLENS Anique Yvonne Léonce Ghislaine (manager)
- Director resignation, Alain FLAGOTHIER (manager)
- Director appointment, MULLENS Anique Yvonne Léonce Ghislaine (director (not named in the articles))
- Director appointment, Alain FLAGOTHIER (director (not named in the articles))
- Other provision, “décharge au gérant démissionnaire pour exécution mandat, prochaine assemblée générale annuelle” (deed in French)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
4 activities
- La société a pour objet,tant en Belgique qu’à l’étranger pour compte propre ou pour compte de tiers ou en participation avec ceux-ci,l’exploitation d’un commerce de détail d’habillement,de vêtements pour hommes,dames et enfants,textiles assortis,chaussures.
- Le commerce de matériel informatique et électronique de toute nature en ce compris toutes les activités annexes,telles que la conception,la réalisation et la commercialisation de logiciels et programmes,la production,l’entretien et la maintenance de matériel électronique,cette énumération étant exemplative et non limitative.
- La société pourra d’une façon générale,accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à la réalisation de son objet.
- Elle peut s’intéresser par voie d’apport,de fusion,de souscription ou de tout autre manière dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91114A1541/00H002 | Wallonia | 117 m² | 1 · 102 m² | - |