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Capiau Corporate Finance

Open bankruptcy
Private limited companyfounded 2019Grote Steenweg 149, 9870 Zulte, BelgiumKBO/BCE: BE 0721.663.271
Summary

A bankruptcy procedure is open for Capiau Corporate Finance according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €53k and a net result of €42k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
51 d early
2022
52 d early
2021
31 d early
2020
53 d early
2019
38 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€53k▲ 394%
2023 · €11k
2019: €5k 2020: €10k 2021: €70k 2022: €33k 2023: €11k
2019 → 2024
Total assets
€2.42M▲ 8,877%
2023 · €27k
2019: €11k 2020: €16k 2021: €157k 2022: €55k 2023: €27k
2019 → 2024
Net result
€42k
2023 · €-22k
2019: €-7k 2020: €5k 2021: €59k 2022: €-43k 2023: €-22k
2019 → 2024
Working capital
€-1.11M
2023 · €6k
2019: €5k 2020: €708 2021: €58k 2022: €26k 2023: €6k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€10k-€70k▲ 569%€33k▼ 53.1%€11k▼ 67.0%€53k▲ 394%
Operating result€5k-€84k▲ 1,456%€-42k€-19k▲ 53.3%€104k
Net result€5k-€59k▲ 1,000%€-43k€-22k▲ 49.4%€42k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €5k€5kNet result 2020: €5k€5kOperating result 2021: €84k€84kNet result 2021: €59k€59kOperating result 2022: €-42k€-42kNet result 2022: €-43k€-43kOperating result 2023: €-19k€-19kNet result 2023: €-22k€-22kOperating result 2024: €104k€104kNet result 2024: €42k€42k20202021202220232024€-50k€0€50k€100kOperating result 2022: €-42k€-42kNet result 2022: €-43k€-43kOperating result 2023: €-19k€-19kNet result 2023: €-22k€-22kOperating result 2024: €104k€104kNet result 2024: €42k€42k202220232024
The operating result returns to profit in 2024: €104k after a loss of €19k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.42M
Fixed assets €2.33M ▲ 40,999%
Current assets €83k ▲ 291%
Equity and liabilities €2.42M
Equity €53k ▲ 394%
Debt €2.36M ▲ 14,553%
Debt's share of the balance-sheet total rises from 59.9% to 97.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€108k
2023 · €-17k
Cash flow
€47k
2023 · €-19k
Current ratio
0.07
2023 · 1.37
Debt to equity
44.37
2023 · 1.49
ROE
79.7%
2023 · -202.8%
ROA
1.8%
2023 · -81.3%
Interest coverage
2.43
2023 · -7.60
Debt ≤ 1 year
€1.19M
2023 · €16k
Debt > 1 year
€1.17M
Income taxes
€315
2023 · €242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet Code20232024
Assets
Total assets20/58€27k€2.42M
Fixed assets21/28€6k€2.33M
Tangible fixed assets22/27€6k€34k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€3k€995
Other tangible fixed assets26-€31k
Financial fixed assets28-€2.30M
Current assets29/58€21k€83k
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€9k€41k
Trade receivables40€2k€39k
Other amounts receivable41€8k€2k
Current investments50/53€0-
Cash at bank and in hand54/58€11k€39k
Deferred charges and accrued income490/1€1k€3k
Equity and liabilities
Total equity and liabilities10/49€27k€2.42M
Equity10/15€11k€53k
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-65k€-23k
Amounts payable17/49€16k€2.36M
Amounts payable after more than one year17-€1.17M
Financial debts170/4-€1.17M
Amounts payable within one year42/48€16k€1.19M
Current portion of amounts payable after more than one year42-€4k
Financial debts43-€900k
Other loans439-€900k
Trade debts44€6k€2k
Suppliers440/4€6k€2k
Taxes, remuneration and social security45€6k€25k
Taxes450/3€4k€20k
Remuneration and social security454/9€2k€5k
Other amounts payable47/48€4k€262k
Accrued charges and deferred income492/3€608€932
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k
Other operating charges640/8€656€930
Non-recurring operating charges66A€3k€0
Gross operating margin9900€-13k€109k
Operating profit (loss)9901€-19k€104k
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€2k€61k
Recurring financial charges65€2k€45k
Non-recurring financial charges66B-€16k
Profit (loss) for the period before taxes9903€-22k€43k
Income taxes67/77€242€315
Profit (loss) for the period9904€-22k€42k
Profit (loss) for the period to be appropriated9905€-22k€42k
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-23k
Profit (loss) brought forward from the previous period14P€-43k€-65k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
16-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · CAPIAU CORPORATE FINANCE BV GROTE STEENWEG 149, 9870 ZULTE · event 10-02-2026
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial Back to profitnet €42k
Net result €42k after 2 loss-making years.
10-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-43k ▼173%
Net result drops to €-43k, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2019net €59k ▲1000%
Net result €59k, the highest in the series.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Zulte · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Grote Steenweg 1499870 Zulte
Ground area
1,084 m²
Building footprint
310 m²
Volume, LiDAR
601 m³
Parcel 44050B1131/00D000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
1 establishment unit
Capiau Corporate Finance
Grote Steenweg 149, 9870 ZulteFinancial service activities, except insurance and pension funding
since 20192.286.573.179
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44050B1131/00D000 Flanders 1,084 m² 1 · 310 m² 6.5 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator NICOLAS CLAERHOUT
KERKSTRAAT 3, 9950 WAAR- SCHOOT
10-02-2026present
Curator ALEXIA DE CLERCQ
EDGARD GEVAERTDREEF 10, 9830 SINT-MARTENS-LATEM-
10-02-2026present

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,358 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-02-2019
Fiscal year end31-12
Abbreviation NL CCF
Activities, NACEBEL 2025
62900Other information technology and computer services
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70100Activities of head offices
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.