Capeforce
ActiveSummary
Capeforce has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,373 and a net result of €5,995. Equity has been growing by about 46% per year since 2023. Its solvency ranks better than 86% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-02-2023 Normal situation
- Activity
- Other business support services NACE 82990
- Establishment unit
- 2.342.461.611 2800 Mechelen, since 27-02-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €13,149
- ▼ 86.9%
- Turnover
- ≈ €77,000
- estimated
- Profit
- €5,995
- ▼ 91.6%
- Equity
- €89,373
- ▲ 7.2%
- Total assets
- €104,283
- ▼ 17.1%
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €104,283lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Liquidity: current ratio 6.39, cash €20,314, halvedShow the evidence
Checked score
About 2 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 82, micro). It does better than 88% of them on solvency, 66% on liquidity, 47% on profitability and 52% 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 3 accounts on average 27 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 13-01-2026 PDF all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 90% lower than in 2024 and the lowest since 2023.
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.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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 and return on assets (ROA).
Investments
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Tangible fixed assets | €4,703 | €991 | €7,764 |
| Depreciation and write-downs of the year | €289 | €957 | €1,938 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Capeforce: other business support services (NACE 82990). They are comparable in size and age: total assets between €88,900 and €108,000, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Capeforce Mechelen | 2023 | €104,283 | €89,373 | €13,149 | €5,995 | 2025 |
| WORKING VISUM Antwerpen | 2022 | €95,222 | -€43,535 | €13,136 | -€17,304 | 2025 |
| International Logistics Management Consulting Zoersel | 2023 | €96,867 | €61,205 | €14,633 | €8,889 | 2025 |
| ROSCH Hasselt | 2023 | €99,361 | €69,546 | €13,280 | €535 | 2025 |
| ISCA Partners Overijse | 2023 | €107,530 | €69,108 | €12,953 | €3,347 | 2025 |
| Co-tchin Wemmel | 2023 | €104,505 | €96,713 | €11,329 | €6,029 | 2025 |
| STEP4 Braine-l'Alleud | 2022 | €88,894 | €66,606 | €12,633 | €8,365 | 2025 |
They were chosen from the 9,746 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, 39,278 companies had the same profile as Capeforce has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of Capeforce itself is lower: 0.2% within 12 months. It rests on far more data about Capeforce than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for Capeforce. 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €289 | €957 | €1,938 | ▲ 102% |
| Other operating charges640/8 | €479 | €240 | €832 | ▲ 246% |
| Gross operating margin9900 | €13,645 | €100,170 | €13,149 | ▼ 86.9% |
| Operating profit (loss)9901 | €12,878 | €98,972 | €10,379 | ▼ 89.5% |
| Financial income75/76B | - | €43 | €194 | ▲ 356% |
| Recurring financial income75 | - | €43 | €194 | ▲ 356% |
| Financial charges65/66B | - | €62 | €1,323 | ▲ 21× |
| Recurring financial charges65 | - | €62 | €1,323 | ▲ 21× |
| Profit (loss) for the period before taxes9903 | €12,878 | €98,952 | €9,250 | ▼ 90.7% |
| Income taxes67/77 | €2,600 | €27,839 | €3,255 | ▼ 88.3% |
| Profit (loss) for the period9904 | €10,278 | €71,113 | €5,995 | ▼ 91.6% |
| Profit (loss) for the period to be appropriated9905 | €10,278 | €71,113 | €5,995 | ▼ 91.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €28,338 | €125,817 | €104,283 | ▼ 17.1% |
| Fixed assets21/28 | €4,415 | €4,449 | €10,275 | ▲ 131% |
| Tangible fixed assets22/27 | €4,415 | €4,449 | €10,275 | ▲ 131% |
| Furniture and vehicles24 | €4,415 | €4,449 | €10,275 | ▲ 131% |
| Current assets29/58 | €23,924 | €121,369 | €94,008 | ▼ 22.5% |
| Amounts receivable within one year40/41 | €12,028 | €31,528 | €23,694 | ▼ 24.8% |
| Trade receivables40 | €12,028 | €28,347 | €13,092 | ▼ 53.8% |
| Other amounts receivable41 | - | €3,181 | €10,602 | ▲ 233% |
| Current investments50/53 | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | €11,882 | €88,828 | €20,314 | ▼ 77.1% |
| Deferred charges and accrued income490/1 | €14 | €1,013 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €28,338 | €125,817 | €104,283 | ▼ 17.1% |
| Equity10/15 | €12,264 | €83,378 | €89,373 | ▲ 7.2% |
| Contributions10/11 | €1,986 | €1,986 | €1,986 | = |
| Reserves13 | €10,278 | €81,392 | €87,387 | ▲ 7.4% |
| Distributable reserves133 | €10,278 | €81,392 | €87,387 | ▲ 7.4% |
| Amounts payable17/49 | €16,074 | €42,440 | €14,910 | ▼ 64.9% |
| Amounts payable within one year42/48 | €16,074 | €42,440 | €14,711 | ▼ 65.3% |
| Trade debts44 | €1,096 | €580 | €2,959 | ▲ 410% |
| Suppliers440/4 | €1,096 | €580 | €2,959 | ▲ 410% |
| Taxes, remuneration and social security45 | €14,637 | €41,860 | €11,752 | ▼ 71.9% |
| Taxes450/3 | €14,637 | €41,422 | €11,752 | ▼ 71.6% |
| Remuneration and social security454/9 | - | €438 | - | - |
| Other amounts payable47/48 | €341 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €199 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,278 | €71,113 | €5,995 | ▼ 91.6% |
| + Depreciation and write-downs630 | €289 | €957 | €1,938 | ▲ 102% |
| Operating cash flow (approximation) | €10,567 | €72,070 | €7,933 | ▼ 89.0% |
| Investment in fixed assets (approximation) | - | -€991 | -€7,764 | ▼ 683% |
| Change in cash | - | €76,946 | -€68,514 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- FRANCX William John Marie-Antoinette 100 shares (100%) · in cash
Capital transactions
- 01-03-2023 Incorporation · €1,986 · 100 shares
Network & group
Capeforce shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Capeforce. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-04
Gazette deed
Registered office moved from Antwerpen to MechelenPermanent representative: Wannes Sas4 points ▸
- General meeting, 24-02-2025
- Registered-office move, Berthoudersplein 3,2800 Mechelen
- Permanent representative, Wannes Sas
- Director in office, Sas Consultancy BV (director)
01-03
Gazette deed
IncorporationStarting capital €1,986 · Appointment: FRANCX William John Marie-Antoinette (director) · Registered office clause · Board rule10 points ▸
- Registered office clause, “2050 Antwerpen, Esmoreitlaan 3 bus 50” (deed in Dutch)
- Board rule, 1
- Director appointment, FRANCX William John Marie-Antoinette (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Incorporation, “Capeforce” (deed in Dutch)
- Founder, FRANCX William John Marie-Antoinette
- Founding capital, €1,986
- Other provision, 24-02-2023
- Bank account, 1986, EUR
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Capeforce was incorporated on 27 February 2023 as a private limited company by one natural person, with a starting capital of €1,986.12 The registered office was moved to Mechelen in 2025.3 FRANCX William John Marie-Antoinette is director of the company, appointed in the act of 01-03-2023.2 Total assets rose from €28,338 in 2023 to €104,283 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
42 activities
- Managementactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz
- Managementactiviteiten binnen de afdeling van marketing en-verkoopsafdeling
- Reclamebureaus
- Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen (direct marketing) door middel van geadresseerde reclame (direct mailing), telefonische koopvoorstellen, enz
- Ontwerpen en plaatsen van buitenreclame: reclameborden en -panelen, lichtkranten en neonreclame, aanbrengen van reclame op bussen, enz
- Maken van geluidsopnamen
- Overige diensten in verband met het maken van geluidsopnamen
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
- Ontwerpen van publicitaire artikelen
- Aanbieden van reclameruimte op panelen, rond sportvelden, in stationshallen, enz
- Callcenters
- Ontwerpen van publicitaire films
- Verspreiden en thuisbezorgen van monsters en reclamemateriaal, inclusief streekkrantjes en dergelijke
- Verkopen van tijd en ruimte voor publiciteit in de diverse media (advertentie-acquisitie)
- Ontwerpen van publicitaire teksten en slogans (copywriters)
- Activiteiten van grafische designers
- Luchtreclame
- Mediarepresentatie
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
- Overige zakelijke dienstverlening, n.b.v.
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
- Overige diensten op het gebied van informatietechnologie
- Het vervoeren, vervaardigen, verkopen en van producten via internet, en het verrichten van alle overige bijbehorende commerciële activiteiten. De handelingen welke voorafgaandelijk een vergunning en/of erkenning nodig hebben, zullen slechts uitgeoefend worden voor zover die vergunningen en erkenningen behaald worden
- Het verstrekken van opleiding en organiseren van seminaries, workshops en/of symposia inzake voornoemde activiteiten
- Diverse administratieve activiteiten ten behoeve van kantoren
- Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen (direct marketing) door middel van geadresseerde reclame (direct mailing), telefonische koopvoorstellen, enz
- Fotokopiëren, document voorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz
- Detailhandel in allerlei producten via het internet (e-commerce)
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz
- Activiteiten van hoofdkantoren
- Handelsbemiddeling gespecialiseerd in andere goederen
- Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
- Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis
- Innen van de huur (residentiële gebouwen)
- Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
- Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen
- Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen
- Overige vormen van onderwijs
- Verhuur van schepen zonder bemanning
- Verhuur van schepen met bemanning
- Exploitatie van pleziervaartuigen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12025C0532/00B000 | Flanders | 164 m² | 1 · 90 m² | 10.9 m · 3 |