CAPITAL
Dissolution or liquidationSummary
The KBO register records for CAPITAL the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €13k and a net result of €-646.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-646
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
21 d late
2023
25 d late
2022
17 d late
2021
69 d early
2020
29 d late
2019
80 d early
← 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, micro schema
Equity
€13k▼ 4.7%
2024 · €14k
2018: €108khighest in 8 years
2019: €83k▼ -22.5% vs 2018
2020: €63k▼ -24.5% vs 2019
2021: €55k▼ -12.4% vs 2020
2022: €22k▼ -59.7% vs 2021
2023: €19k▼ -15.1% vs 2022
2024: €14k▼ -27.9% vs 2023
2025: €13k▼ -4.7% vs 2024lowest in 8 years
2018 → 2025
Total assets
€14k▲ 0.8%
2024 · €14k
2018: €110khighest in 8 years
2019: €85k▼ -23.2% vs 2018
2020: €65k▼ -23.0% vs 2019
2021: €56k▼ -14.5% vs 2020
2022: €32k▼ -43.3% vs 2021
2023: €27k▼ -14.3% vs 2022
2024: €14k▼ -48.1% vs 2023lowest in 8 years
2025: €14k▲ +0.8% vs 2024
2018 → 2025
Net result
€-646▲ 87.8%
2024 · €-5k
2018: €-45klowest in 8 years
2019: €-24k▲ +45.9% vs 2018
2020: €-20k▲ +15.6% vs 2019
2021: €-8k▲ +61.9% vs 2020
2022: €-33k▼ -323% vs 2021
2023: €-3k▲ +89.8% vs 2022
2024: €-5k▼ -57.0% vs 2023
2025: €-646▲ +87.8% vs 2024highest in 8 years
2018 → 2025
Working capital
€13k▼ 4.7%
2024 · €14k
2018: €93khighest in 8 years
2019: €76k▼ -18.0% vs 2018
2020: €63k▼ -17.5% vs 2019
2021: €55k▼ -12.4% vs 2020
2022: €22k▼ -59.7% vs 2021
2023: €19k▼ -15.1% vs 2022
2024: €14k▼ -27.9% vs 2023
2025: €13k▼ -4.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€22k▼ 59.7%€19k▼ 15.1%€14k▼ 27.9%€13k▼ 4.7%
2021: €55khighest in 5 years
2022: €22k▼ -59.7% vs 2021
2023: €19k▼ -15.1% vs 2022
2024: €14k▼ -27.9% vs 2023
2025: €13k▼ -4.7% vs 2024lowest in 5 years
Operating result€-8k-€-32k▼ 317%€-3k▲ 90.3%€-5k▼ 70.3%€-640▲ 88.1%
2021: €-8k
2022: €-32k▼ -317% vs 2021lowest in 5 years
2023: €-3k▲ +90.3% vs 2022
2024: €-5k▼ -70.3% vs 2023
2025: €-640▲ +88.1% vs 2024highest in 5 years
Net result€-8k-€-33k▼ 323%€-3k▲ 89.8%€-5k▼ 57.0%€-646▲ 87.8%
2021: €-8k
2022: €-33k▼ -323% vs 2021lowest in 5 years
2023: €-3k▲ +89.8% vs 2022
2024: €-5k▼ -57.0% vs 2023
2025: €-646▲ +87.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €640 in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €14k
Equity
€13k ▼ 4.7%
Debt
€1k ▲ 191%
Debt's share of the balance-sheet total rises from 2.8% to 8.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
12.28▼
2024 · 35.47
Debt to equity
0.09▲
2024 · 0.03
ROE
-5.0%▲
2024 · -38.7%
ROA
-4.6%▲
2024 · -37.6%
Debt ≤ 1 year
€1k▲
2024 · €396
Income taxes
€112▲
2024 · €23
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14k€14k▲
Current assets29/58€14k€14k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€4k€4k▼
Other amounts receivable41€236€23▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€703€754▲
Equity and liabilities
Total equity and liabilities10/49€14k€14k▲
Equity10/15€14k€13k▼
Reserves13€413k€413k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€410k€410k=
Profit (loss) carried forward14€-400k€-400k▼
Amounts payable17/49€396€1k▲
Amounts payable within one year42/48€396€1k▲
Trade debts44€253€465▲
Suppliers440/4€253€465▲
Taxes, remuneration and social security45-€545
Taxes450/3-€545
Other amounts payable47/48€143€143=
Income statement
Code20242025
Other operating charges640/8€239€380▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€-4k€-261▲
Operating profit (loss)9901€-5k€-640▲
Financial income75/76B€178€151▼
Recurring financial income75€178€151▼
Financial charges65/66B€45€44▼
Recurring financial charges65€45€44▼
Profit (loss) for the period before taxes9903€-5k€-534▲
Income taxes67/77€23€112▲
Profit (loss) for the period9904€-5k€-646▲
Profit (loss) for the period to be appropriated9905€-5k€-646▲
Appropriation of the result
Profit (loss) to be appropriated9906€-400k€-400k▼
Profit (loss) brought forward from the previous period14P€-395k€-400k▼
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €676 | €1k | €525 | €239 | €380 | ▲ 58.5% |
| Non-recurring operating charges66A | - | - | - | €2k | €0 | ▼ 100% |
| Gross operating margin9900 | €-7k | €-31k | €-3k | €-4k | €-261 | ▲ 92.7% |
| Operating profit (loss)9901 | €-8k | €-32k | €-3k | €-5k | €-640 | ▲ 88.1% |
| Financial income75/76B | €63 | €38 | €27 | €178 | €151 | ▼ 15.5% |
| Recurring financial income75 | €63 | €38 | €27 | €178 | €151 | ▼ 15.5% |
| Financial charges65/66B | €59 | €49 | €45 | €45 | €44 | ▼ 1.6% |
| Recurring financial charges65 | €59 | €49 | €45 | €45 | €44 | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €-8k | €-33k | €-3k | €-5k | €-534 | ▲ 89.8% |
| Income taxes67/77 | €9 | €445 | €180 | €23 | €112 | ▲ 394% |
| Profit (loss) for the period9904 | €-8k | €-33k | €-3k | €-5k | €-646 | ▲ 87.8% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-33k | €-3k | €-5k | €-646 | ▲ 87.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56k | €32k | €27k | €14k | €14k | ▲ 0.8% |
| Current assets29/58 | €56k | €32k | €27k | €14k | €14k | ▲ 0.8% |
| Amounts receivable within one year40/41 | €1k | €10k | €13k | €4k | €4k | ▼ 9.8% |
| Trade receivables40 | - | €10k | €13k | €4k | €4k | ▼ 4.8% |
| Other amounts receivable41 | €1k | - | €127 | €236 | €23 | ▼ 90.4% |
| Cash at bank and in hand54/58 | €53k | €20k | €13k | €9k | €10k | ▲ 4.9% |
| Deferred charges and accrued income490/1 | €986 | €1k | €1k | €703 | €754 | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56k | €32k | €27k | €14k | €14k | ▲ 0.8% |
| Equity10/15 | €55k | €22k | €19k | €14k | €13k | ▼ 4.7% |
| Reserves13 | €413k | €413k | €413k | €413k | €413k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €410k | €410k | €410k | €410k | €410k | = |
| Profit (loss) carried forward14 | €-358k | €-391k | €-395k | €-400k | €-400k | ▼ 0.2% |
| Amounts payable17/49 | €546 | €9k | €8k | €396 | €1k | ▲ 191% |
| Amounts payable within one year42/48 | €546 | €9k | €8k | €396 | €1k | ▲ 191% |
| Trade debts44 | €214 | €8k | €8k | €253 | €465 | ▲ 83.7% |
| Suppliers440/4 | €214 | €8k | €8k | €253 | €465 | ▲ 83.7% |
| Taxes, remuneration and social security45 | - | €1k | €0 | - | €545 | - |
| Taxes450/3 | - | €279 | €0 | - | €545 | - |
| Remuneration and social security454/9 | - | €982 | €0 | - | - | - |
| Other amounts payable47/48 | €332 | €297 | €143 | €143 | €143 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-33k | €-3k | €-5k | €-646 | ▲ 87.8% |
| Operating cash flow (approximation) | €-8k | €-33k | €-3k | €-5k | €-646 | ▲ 87.8% |
| Change in cash | - | €-33k | €-7k | €-4k | €455 | ▲ 111% |
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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Liquidity times 11current ratio 35.47
Current ratio from 3.32 to 35.47; short-term debt falls from €8k to €396.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 102.17
Current ratio from 29.07 to 102.17; short-term debt falls from €2k to €546.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
11-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Rixensart · 1 establishment unit since 1994
Ground area
1,072 m²
Building footprint
331 m²
Volume, LiDAR
3,752 m³
2 parcels, Brussels, Wallonia · tallest building 18.6 m, ±6 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
CAPITAL
since 19942.066.515.813
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091C0103/00A000 | Wallonia | 810 m² | 1 · 201 m² | 12.2 m · 3 fl. |
| 21807G0211/00C008 | Brussels | 262 m² | 1 · 130 m² | 18.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Identification & contact
Identification
Legal formPublic limited company
Founded30-03-1994
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.