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CAPHIGA

Active Public limited companyfounded 1988active for 38 yearsAye, Rue Borchamps 4, 6900 Marche-en-FamenneKBO/BCE: BE 0433.523.385 subsidiary of #4 oldest company in Marche-en-Famenne, Construction sector

Lifetime

19 annual accounts with figures on one time axis, 38 filings since 1988
peak €430,112 (2022)
€248,344▼ 9.2%
lowest -€26,042 (2024)
€29,695▲ €55,737
peak €229,553 (2022)
€134,251▲ 28.4%
€321,682▲ 0.8%
peak 4.6 FTE (2022)
-not published
Board3 names since 2017
1 director
Owners
100%
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Back to profit: €29,695Equity from €104,556 to €134,251Cash from €20,841 to €81,113

Key points

from the 2025 annual accounts

Overdue debts

€808 on 31-12-2025

The annual accounts state €808 of overdue tax debts on 31-12-2025.

Equity

€134,251 from €229,553 in 2022

Equity fell by 42% in 3 years.

Result

€29,695 €29,695
-€26,0002024€29,7002025

Back in profit in 2025, after a loss of €26,042 in 2024.

Debts

€321,682 71% of the balance sheet
Financial debts 52%Suppliers 38%Taxes and wages 4%Other 7%

Of this, €277,268 falls due within a year.

Staff

4 employees on 31-12-2025
532021222022112024102025

In 2025, 1 person joined and nobody left.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Four of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as CAPHIGA has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,820 companies, not a prediction for CAPHIGA. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 31-10-2023
  • 100%equity €211,362 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0433523385
1 director appointed, 2 resignations Resignations: (managing director) and · Appointment: · Permanent representative: · General meeting of 31-10-2023 · Gazette deed
Reappointments: (managing director) and (director) General meeting of 02-05-2023 · Gazette deed
Amendment of the articles Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
CAPHIGA Marche-en-Famenne €455,933 €248,344 29.4% -
T.M.S. Waterloo €461,642 €254,155 -12.5% -
S.C. DEMA Saint-Vith €477,280 €267,838 56.9% 4.1
LEVA PARQUETS Forest €432,716 €276,827 51.5% 5
MENUISERIE GHISLAIN RENARD Malmedy €467,466 €214,745 15.1% -
DE RECHTER - DE VOS Lokeren €443,050 €219,049 37.0% -
EUROVERANDA Puurs-Sint-Amands €406,248 €244,120 45.8% 2.4

These companies have the same main activity as CAPHIGA: joinery installation (NACE 43320). They are comparable in size and age: total assets between €406,000 and €477,000, founded between 1986 and 1990.

Official details

Source: KBO
Status
Active since 08-03-1988Normal situation
Activity
Joinery installationNACE 43320and 2 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 2022
Establishment unit
2.035.854.9056900 Marche-en-Famenne, since 05-08-1999
Financial year end
31 December
Peppol
Reachable since 07-08-2025
Company details

Annual accounts 2025

≈ €930,000estimated
€455,933▲ 7.6%
Employeeson 31-12-2025
4▲ 33.3%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on CAPHIGA

CAPHIGA files the micro format. That format states no turnover. The gross margin fell from €262,199 in 2007 to €248,344 in 2025.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CAPHIGA

What is the company number of CAPHIGA?
The company number of CAPHIGA is 0433.523.385. The VAT number is the same number with BE in front: BE 0433.523.385.
Where is CAPHIGA based?
The registered office is at Aye, Rue Borchamps 4, 6900 Marche-en-Famenne.Company details
What does CAPHIGA do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of CAPHIGA?
CAPHIGA is a public limited company (NV).
When was CAPHIGA founded?
CAPHIGA was founded on 08-03-1988.
Is CAPHIGA still active?
Yes, CAPHIGA is an active enterprise in the KBO register.
How many employees does CAPHIGA have?
CAPHIGA had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CAPHIGA fall under?
In its 2022 annual accounts, CAPHIGA states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of CAPHIGA?
The turnover in financial year 2025 is ≈ €930,000. This figure is estimated from the gross margin of €248,344 and 36 comparable companies (NACE 43320). It probably lies between €660,000 and €1.3m.
Is CAPHIGA profitable?
In financial year 2025, CAPHIGA made a profit of €29,695.
Where can I find the annual accounts of CAPHIGA?
CAPHIGA filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CAPHIGA due?
CAPHIGA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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