CAPIRCHIO
ActiveSummary
CAPIRCHIO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €64k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+2
Solvency99▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.4 against 8.22 in 2024; short-term debt: 10% and cash: 31.2% of total assets), and 26.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.6%
Return on assets
12.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
31 d early
2023
1 d early
2022
1 d late
2021
17 d late
2020
37 d early
2019
15 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€332k▲ 8.2%
2024 · €307k
2018: €24.38Mhighest in 8 years
2019: €234k▼ -99.0% vs 2018
2020: €227k▼ -3.2% vs 2019lowest in 8 years
2021: €241k▲ +6.2% vs 2020
2022: €282k▲ +17.1% vs 2021
2023: €315k▲ +11.9% vs 2022
2024: €307k▼ -2.7% vs 2023
2025: €332k▲ +8.2% vs 2024
2018 → 2025
EBIT margin
27.5%▲ 5.9pp
2024 · 21.5%
2018: 0.2%lowest in 8 years
2019: 12.8%▲ +7657% vs 2018
2020: 16.0%▲ +25.2% vs 2019
2021: 19.0%▲ +18.6% vs 2020
2022: 24.4%▲ +28.6% vs 2021
2023: 23.8%▼ -2.5% vs 2022
2024: 21.5%▼ -9.6% vs 2023
2025: 27.5%▲ +27.5% vs 2024highest in 8 years
2018 → 2025
Net result
€64k▲ 39.4%
2024 · €46k
2018: €31k
2019: €23k▼ -26.3% vs 2018lowest in 8 years
2020: €26k▲ +11.1% vs 2019
2021: €32k▲ +25.3% vs 2020
2022: €48k▲ +50.7% vs 2021
2023: €53k▲ +8.9% vs 2022
2024: €46k▼ -12.3% vs 2023
2025: €64k▲ +39.4% vs 2024highest in 8 years
2018 → 2025
Working capital
€221k▲ 15.5%
2024 · €192k
2018: €230k
2019: €253k▲ +10.0% vs 2018
2020: €272k▲ +7.5% vs 2019
2021: €313k▲ +15.2% vs 2020highest in 8 years
2022: €179k▼ -42.9% vs 2021lowest in 8 years
2023: €206k▲ +15.0% vs 2022
2024: €192k▼ -6.9% vs 2023
2025: €221k▲ +15.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€241k-€282k▲ 17.1%€315k▲ 11.9%€307k▼ 2.7%€332k▲ 8.2%
2021: €241klowest in 5 years
2022: €282k▲ +17.1% vs 2021
2023: €315k▲ +11.9% vs 2022
2024: €307k▼ -2.7% vs 2023
2025: €332k▲ +8.2% vs 2024highest in 5 years
Equity€313k-€290k▼ 7.3%€343k▲ 18.2%€332k▼ 3.2%€371k▲ 11.8%
2021: €313k
2022: €290k▼ -7.3% vs 2021lowest in 5 years
2023: €343k▲ +18.2% vs 2022
2024: €332k▼ -3.2% vs 2023
2025: €371k▲ +11.8% vs 2024highest in 5 years
Operating result€46k-€69k▲ 50.6%€75k▲ 9.0%€66k▼ 12.0%€91k▲ 37.9%
2021: €46klowest in 5 years
2022: €69k▲ +50.6% vs 2021
2023: €75k▲ +9.0% vs 2022
2024: €66k▼ -12.0% vs 2023
2025: €91k▲ +37.9% vs 2024highest in 5 years
Net result€32k-€48k▲ 50.7%€53k▲ 8.9%€46k▼ 12.3%€64k▲ 39.4%
2021: €32klowest in 5 years
2022: €48k▲ +50.7% vs 2021
2023: €53k▲ +8.9% vs 2022
2024: €46k▼ -12.3% vs 2023
2025: €64k▲ +39.4% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €504k
Fixed assets
€233k ▼ 1.3%
Current assets
€272k ▲ 24.5%
Equity and liabilities €504k
Equity
€371k ▲ 11.8%
Debt
€133k ▲ 9.4%
Debt's share of the balance-sheet total falls from 26.8% to 26.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106k▲
2024 · €80k
Cash flow
€79k▲
2024 · €60k
Current ratio
5.40▼
2024 · 8.22
Debt to equity
0.36▼
2024 · 0.37
ROE
17.4%▲
2024 · 13.9%
ROA
12.8%▲
2024 · 10.2%
Interest coverage
48.02▲
2024 · 35.49
Debt ≤ 1 year
€50k▲
2024 · €27k
Debt > 1 year
€83k▼
2024 · €95k
Income taxes
€25k▲
2024 · €18k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€454k€504k▲
Fixed assets21/28€236k€233k▼
Tangible fixed assets22/27€236k€233k▼
Land and buildings22€226k€224k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€8k€8k▼
Current assets29/58€218k€272k▲
Amounts receivable within one year40/41€39k€43k▲
Trade receivables40€30k€30k▼
Other amounts receivable41€9k€13k▲
Current investments50/53€69k€69k=
Cash at bank and in hand54/58€109k€158k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€454k€504k▲
Equity10/15€332k€371k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€311k€350k▲
Distributable reserves133€311k€350k▲
Profit (loss) carried forward14€277€282▲
Amounts payable17/49€122k€133k▲
Amounts payable after more than one year17€95k€83k▼
Financial debts170/4€95k€83k▼
Amounts payable within one year42/48€27k€50k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€663€1k▲
Suppliers440/4€663€1k▲
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€14k€11k▼
Other amounts payable47/48-€25k
Income statement
Code20242025
Turnover70€307k€332k▲
Goods, raw materials, services and sundry goods60/61€223k€223k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€84k€110k▲
Operating profit (loss)9901€66k€91k▲
Financial income75/76B€432€332▼
Recurring financial income75€432€332▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€64k€89k▲
Income taxes67/77€18k€25k▲
Profit (loss) for the period9904€46k€64k▲
Profit (loss) for the period to be appropriated9905€46k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€65k▲
Profit (loss) brought forward from the previous period14P€275€277▲
Transfer from equity791/2€57k€25k▼
Transfer to equity691/2€46k€64k▲
To other reserves6921€46k€64k▲
Profit to be distributed694/7€57k€25k▼
Return on contributions (dividend)694€57k€25k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €241k | €282k | €315k | €307k | €332k | ▲ 8.2% |
| Goods, raw materials, services and sundry goods60/61 | €180k | €193k | €224k | €223k | €223k | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €10k | €13k | €14k | €15k | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | - | - | - | - |
| Other operating charges640/8 | €8k | €8k | €4k | €4k | €4k | ▼ 8.3% |
| Gross operating margin9900 | €60k | €89k | €92k | €84k | €110k | ▲ 30.7% |
| Operating profit (loss)9901 | €46k | €69k | €75k | €66k | €91k | ▲ 37.9% |
| Financial income75/76B | €86 | €0 | €170 | €432 | €332 | ▼ 23.2% |
| Recurring financial income75 | €86 | €0 | €170 | €432 | €332 | ▼ 23.2% |
| Financial charges65/66B | €2k | €2k | €2k | €2k | €2k | ▼ 2.0% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €2k | ▼ 2.0% |
| Profit (loss) for the period before taxes9903 | €44k | €67k | €73k | €64k | €89k | ▲ 38.9% |
| Income taxes67/77 | €12k | €18k | €20k | €18k | €25k | ▲ 37.6% |
| Profit (loss) for the period9904 | €32k | €48k | €53k | €46k | €64k | ▲ 39.4% |
| Profit (loss) for the period to be appropriated9905 | €32k | €48k | €53k | €46k | €64k | ▲ 39.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €479k | €526k | €480k | €454k | €504k | ▲ 11.1% |
| Fixed assets21/28 | €131k | €231k | €245k | €236k | €233k | ▼ 1.3% |
| Tangible fixed assets22/27 | €131k | €231k | €245k | €236k | €233k | ▼ 1.3% |
| Land and buildings22 | €123k | €222k | €237k | €226k | €224k | ▼ 1.1% |
| Plant, machinery and equipment23 | - | €900 | €644 | €2k | €1k | ▼ 31.8% |
| Furniture and vehicles24 | €9k | €8k | €7k | €8k | €8k | ▼ 1.1% |
| Current assets29/58 | €347k | €295k | €235k | €218k | €272k | ▲ 24.5% |
| Amounts receivable within one year40/41 | €22k | €23k | €46k | €39k | €43k | ▲ 10.6% |
| Trade receivables40 | €20k | €22k | €40k | €30k | €30k | ▼ 0.5% |
| Other amounts receivable41 | €2k | €149 | €6k | €9k | €13k | ▲ 47.3% |
| Current investments50/53 | €50k | €55k | €62k | €69k | €69k | = |
| Cash at bank and in hand54/58 | €268k | €215k | €127k | €109k | €158k | ▲ 44.5% |
| Deferred charges and accrued income490/1 | €7k | €3k | €1k | €1k | €2k | ▲ 70.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €479k | €526k | €480k | €454k | €504k | ▲ 11.1% |
| Equity10/15 | €313k | €290k | €343k | €332k | €371k | ▲ 11.8% |
| Contributions10/11 | €19k | €19k | €20k | €20k | €20k | = |
| Capital10 | €19k | €19k | €20k | €20k | €20k | = |
| Issued capital100 | €19k | €19k | €20k | €20k | €20k | = |
| Reserves13 | €294k | €271k | €322k | €311k | €350k | ▲ 12.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €293k | €270k | €322k | €311k | €350k | ▲ 12.5% |
| Profit (loss) carried forward14 | €191 | €224 | €275 | €277 | €282 | ▲ 1.5% |
| Amounts payable17/49 | €165k | €236k | €137k | €122k | €133k | ▲ 9.4% |
| Amounts payable after more than one year17 | €131k | €120k | €107k | €95k | €83k | ▼ 13.0% |
| Financial debts170/4 | €131k | €120k | €107k | €95k | €83k | ▼ 13.0% |
| Amounts payable within one year42/48 | €34k | €117k | €30k | €27k | €50k | ▲ 89.6% |
| Current portion of amounts payable after more than one year42 | €12k | €12k | €12k | €12k | €12k | ▲ 1.2% |
| Trade debts44 | €6k | €19k | €2k | €663 | €1k | ▲ 82.5% |
| Suppliers440/4 | €6k | €19k | €2k | €663 | €1k | ▲ 82.5% |
| Taxes, remuneration and social security45 | €17k | €12k | €16k | €14k | €11k | ▼ 17.2% |
| Taxes450/3 | €17k | €12k | €16k | €14k | €11k | ▼ 17.2% |
| Other amounts payable47/48 | - | €74k | - | - | €25k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €48k | €53k | €46k | €64k | ▲ 39.4% |
| + Depreciation and write-downs630 | €7k | €10k | €13k | €14k | €15k | ▲ 7.0% |
| Operating cash flow (approximation) | €39k | €58k | €65k | €60k | €79k | ▲ 32.1% |
| Investment in fixed assets (approximation) | - | €-109k | €-26k | €-5k | €-11k | ▼ 148% |
| Change in cash | - | €-53k | €-89k | €-18k | €48k | ▲ 375% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €64k ▲39.4%
Operating result €91k, net result €64k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.95
Current ratio from 2.54 to 7.95; short-term debt falls from €117k to €30k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1 day late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 15 days late
2019
31-12
Financial
Weakest financial yearnet €23k ▼26.3%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gembloux · 1 establishment unit since 2011
Ground area
1,400 m²
Building footprint
124 m²
Parcel 92254B0042/00B000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CAPIRCHIO
since 20112.198.228.747
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92254B0042/00B000 | Wallonia | 1,400 m² | 1 · 124 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,721 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.