Result
-€43,118 -€43,118
From profit to loss in 2025, after a profit of €391,026 in 2024.
Capital Partners
Lifetime
12 annual accounts with figures on one time axispeak €586,083 (2024)
-€47,077▼ €633,160
lowest -€56,974 (2023)
-€43,118▼ €434,144
peak €1.4m (2024)
€1.4m▼ 3.0%
€1.9m▲ 6.5%
peak 0 FTE (2022)
-not published
Board2 names since 2016
2 directorsM-CAPITAL and 1 other
Owners
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €586,083 to -€47,077Loss of €43,118Cash from €171,267 to €30,623
Key points
from the 2025 annual accountsFilings
12 annual accounts since 2014
Three of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.
Position in the sector
-€43,118
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Turnover not published (abbreviated or micro format)
Checked score
91
Excellent
Financially stronger than 26% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 4.53, cash €30,623, halved
Loss of €43,118 (financial year 2025)
lowers risk
Size: total assets €3.3m
Figures for financial year 2025 (filed on 15-06-2026)
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 70, small). It does better than 41% of them on solvency, 34% on liquidity, 7% on profitability and 22% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,686 companies had the same profile as Capital Partners has now. Each dot stands for 7 companies, two years later.
93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Capital Partners itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,686 companies, not a prediction for Capital Partners. 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
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.53 (4.37 in 2024), above the usual 1.5. Short-term debt is 18.2% and cash 0.9% of total assets. However, 57.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
9 days early
2023
8 days late
2022
4 days early
2021
58 days early
2020
18 days late
2019
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MC
M-CAPITAL
Director, MATERNÉ Kris
SM
SWOLFS MANAGEMENT
Director, SWOLFS Olivier
- FOODINVEST HOLDING 50%score 91equity €4.8m (2025) · 2025 annual accounts of FOODINVEST HOLDING
Shares in 8 companies, including ALGEMENE ANTWERPSE BEZETTINGSWERKEN and DELTA BOUWINVEST
Board & ownershipRecent changes
Merger proposal: Capital Partners takes over TMK
Permanent representatives: Olivier Swolfs and Kris Materné · Board meeting of 06-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535794148
2 directors reappointed
SWOLFS MANAGEMENT and M-Capital · Permanent representatives: SWOLFS Olivier and MATERNÉ Kris · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 17-10-2023 · Gazette deed
Permanent representatives: MATERNé Kris and SWOLFS Olivier Michel Pierre
General meeting of 21-02-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Capital Partners Antwerp | €3.3m | -€47,077 | 42.1% | - |
| A.M.W. België Oud-Turnhout | €2.8m | -€6,383 | 61.6% | - |
| CADYS CAPITAL Kapellen | €2.6m | -€1,273 | 42.1% | - |
| HEYPRO Buggenhout | €3.5m | -€9,414 | 99.9% | - |
| Advice Group Waterloo | €3.2m | -€3,876 | 3.0% | - |
| SOMIVAFI BELGIUM Dour | €3.3m | -€23,073 | 98.5% | 0 |
| ALVIG Holding & Management Uccle | €3.3m | -€1,494 | 36.6% | - |
These companies have the same main activity as Capital Partners: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.6m and €3.5m, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 19-06-2013Normal situation
- Registered office
- 17 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.220.162.4272030 Antwerp, since 19-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €3.3m▲ 2.3%
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Companies linked to Capital Partners
Subsidiaries and holdings
- DIGO BUILD50%
- K.T. INVEST50%
- KRIPTON50%
- ZC WELDING50%
- Digo Invest40%
- ReThink-IT16.67%
Insights on Capital Partners
Capital Partners files the micro format. That format states no turnover. The gross margin fell from €6,808 in 2014 to -€47,077 in 2025.
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 Capital Partners
- What is the company number of Capital Partners?
- The company number of Capital Partners is 0535.794.148. The VAT number is the same number with BE in front: BE 0535.794.148.
- Where is Capital Partners based?
- The registered office is at Straatsburgdok-Noordkaai 21, 2030 Antwerp.Company details
- What does Capital Partners do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Capital Partners?
- Capital Partners is a private limited company (BV).
- When was Capital Partners founded?
- Capital Partners was founded on 19-06-2013.
- Is Capital Partners still active?
- Yes, Capital Partners is an active enterprise in the KBO register.
- What is the turnover of Capital Partners?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Capital Partners profitable?
- In financial year 2025, Capital Partners made a loss of €43,118.
- Where can I find the annual accounts of Capital Partners?
- Capital Partners filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Capital Partners due?
- Capital Partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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