Equity
-€462,198
Debts exceed assets in financial year 2025.
CAPITALL CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €91,952 (2024)
-€514,112▼ €606,064
lowest -€514,538 (2025)
-€514,538▼ €541,878
peak €52,340 (2024)
-€462,198▼ €514,538
€2.6m▲ 0.2%
Board4 names since 2023
1 director
Owners
100%
Documentsfilings and deeds
22-01-20269 days before the deadline
2025abbreviated format
Gross margin from €91,952 to -€514,112Loss of €514,538Equity from €52,340 to -€462,198Cash from €27,626 to €19,092
Key points
from the 2025 annual accountsResult
-€514,538 -€514,538
From profit to loss in 2025, after a profit of €27,340 in 2024.
Debts
€2.6m 122% of the balance sheet
Starting capital
€25,000 250 shares
At the same address
61 companies
Position in the sector
-€514,538
Lower net result than 95% of companies in real estate. Sector median €12,777 · 12,429 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 490 companies had the same profile as CAPITALL CONSTRUCT has now. Each dot is one company, two years later.
88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 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 490 companies, not a prediction for CAPITALL CONSTRUCT. 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
Daily manager,
Director
- 100%equity €1.7m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801586620
Registered office moved from Sint-Martens-Latem to Knokke-Heist
New registered office: Kalvekeetdijk 179 bus 105 te 8300 Knokke-Heist · Previous registered office: KORTRIJKSESTEENWEG 180 BUS 2B, 9830 SINT-MARTENS-LATEM · Resignation: (day-to-day manager) · Board meeting of 26-03-2026 · Gazette deed
Registered office moved from Deurle to Sint-Martens-Latem
New registered office: Kortrijksesteenweg 180, bus 2B, 9830 SINT-MARTENS-LATEM · Previous registered office: Kriekenbergdreef 12, 9831 DEURLE · Resignations: (director) and (director) · Board meeting of 01-10-2024 · Gazette deed
Amendment of the articles
General meeting of 27-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CAPITALL CONSTRUCT Knokke-Heist | €2.1m | -€514,112 | -21.9% | - |
| E.L.S. upgrade Knokke-Heist | €2.0m | -€8,212 | -3.1% | - |
| B.L.T. Zedelgem | €2.3m | -€10,069 | 1.2% | - |
| RUVER-INVEST Mol | €2.1m | -€594 | -4.4% | - |
| één Deinze | €1.9m | -€14,833 | -7.0% | - |
| RP INVESTMENTS Heusden-Zolder | €1.8m | -€9,328 | -1.4% | 0 |
| Cocon Vastgoed Sint-Martens-Latem | €2.5m | -€129,411 | -6.2% | - |
These companies have the same main activity as CONSTRUCT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.8m and €2.5m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 09-05-2023Normal situation
- Registered office
- 62 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Establishment unit
- 2.345.767.3318300 Knokke-Heist, since 09-05-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- -€514,112
- €514,538
- -€462,198
- €2.1m▼ 19.4%
- Filing
- Filed on 22-01-2026, 9 days before the end of the filing period
Insights on CAPITALL CONSTRUCT
CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€462,198) and a net result of -€514,538.
Its solvency ranks better than 8% of 12,423 sector peers (NACE 68, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 22-01-2026, 9 days before the deadline-€514,112
▼ €606,064
-€514,499
▼ €606,057
-€514,538
▼ €541,878
-€462,198
▼ €514,538
-21.9%
▼ 23.9 percentage points
0.82
▼ 0.20
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €2.1m on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-21.9%
Higher than 8% of 12,423 companies in 2025.
0.82
Higher than 37% of 11,950 companies in 2025.
-24.3%
Lower than 95% of 12,326 companies in 2025.
CAPITALL CONSTRUCT
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
2.1m | 2.6m | |
29/58 |
2.1m | 2.6m | |
29 |
200,000 | - | |
291 |
200,000 | - | |
3 |
0 | 348,315 | |
30/36 |
0 | 348,315 | |
40/41 |
1.9m | 2.2m | |
40 |
0 | 2,686 | |
41 |
1.9m | 2.2m | |
54/58 |
19,092 | 27,626 | |
490/1 |
0 | 3,500 | |
| Balance sheet: equity and liabilities | |||
10/49 |
2.1m | 2.6m | |
10/15 |
-462,198 | 52,340 | |
10/11 |
25,000 | 25,000 | |
13 |
0 | 27,340 | |
133 |
0 | 27,340 | |
14 |
-487,198 | - | |
17/49 |
2.6m | 2.6m | |
42/48 |
2.6m | 2.6m | |
42 |
0 | 127,629 | |
44 |
421 | 23,016 | |
440/4 |
421 | 23,016 | |
47/48 |
2.6m | 2.4m | |
| Income statement | |||
9900 |
-514,112 | 91,952 | |
640/8 |
387 | 394 | |
9901 |
-514,499 | 91,558 | |
75/76B |
0 | 18 | |
75 |
0 | 18 | |
65/66B |
39 | 51,953 | |
65 |
39 | 51,953 | |
9903 |
-514,538 | 39,623 | |
67/77 |
0 | 12,283 | |
9904 |
-514,538 | 27,340 | |
9905 |
-514,538 | 27,340 | |
| Appropriation of the result | |||
9906 |
-514,538 | 27,340 | |
791/2 |
27,340 | - | |
691/2 |
0 | 27,340 | |
6921 |
0 | 27,340 | |
| Document | |||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 22-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -8,534 | - | ||
| -462,198 | 52,340 | ||
| -21.9% | 2.0% | ||
| 0.82 | 1.02 | ||
| 0.82 | 0.88 | ||
| - | 49.13 | ||
| - | 52.2% | ||
| -24.3% | 1.0% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on CAPITALL CONSTRUCT
The operating result for 2025 is a loss of €514,499, after a profit of €91,558 in 2024.
Equity is negative. Debt (€2.6m) exceeds the balance-sheet total (€2.1m).
Board & ownership
Board
1 director, 1 in day-to-day management, no change since May 2026Director
appointed by deed of 29-10-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 22-01-2026
Day-to-day manager, permanent representative
appointed by deed of 29-10-2024
term without a fixed end
also on the board of 2 other companies
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder tot…”deed of 11-05-2023
Permanent representatives 1
Mandates through the years
4 names, the dashed line is todayDirector
Day-to-day manager
Director (not named in the articles)
Director (not named in the articles)
LeadershipBoardEarlier
Mandates as a list
-
- Director, appointed by deed of 29-10-2024, still in office
-
- Day-to-day manager, appointed by deed of 29-10-2024, until 27-05-2026
- Day-to-day manager, appointed by deed of 29-10-2024, still in office
-
- Director (not named in the articles), appointed by deed of 11-05-2023, until 01-07-2024
-
- Director (not named in the articles), appointed by deed of 11-05-2023, until 01-07-2024
Control
Parent
Equity €1.7m
Loss €355,038 in 2025 (profit €2.0m in 2024)
Source: accounts 30-06-2025
100%
This company
CAPITALL CONSTRUCT
Equity -€462,198
Loss €514,538 in 2025
Capital
- Contribution
- €25,000
- Shares
- 250
- Contribution per share
- €100
- Equity per share
- -€1,849 in 2025
- Source
- deed of 11-05-2023
Owners through the years
as the annual accounts name themOwners as a list
-
- 2024 to 2025: 100%
Source: lists of holdings in the owners' accounts
Articles of association
deed of 11-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 250 shares“1/250ste van het vermogen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of September at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 11-05-2023 ↗
- 250 shares (100%) · €25,000
Capital over time
- 11-05-2023 Incorporation · €25,000 · 250 shares
Network & group
Group
has 3 direct subsidiaries (accounts to 30-06-2025)Parent3 holdings, 1 country
accounts to 30-06-2025
Belgium 3 Equity Result
- BE Capitall Construct -€462,198 result -€514,538
- BE €2.5m result €1.4m
- BE €3,600 result €849,285
Source: list of holdings in the 30-06-2025 accounts of . Every holding stands with its own latest accounts.
At the same address
Kalvekeetdijk 179, 8300 Knokke-Heist · 61 other companies| besox
registered office since 01-07-2003 · founded in 1999 |
56 FTE (2025) 0470.305.488 |
| Domus Invest Construct
registered office since 16-06-2014 · founded in 2014 |
total assets €24.7m (2026) 0553.848.917 |
| Domus
registered office since 01-05-1975 · founded in 1975 |
total assets €21.9m (2025) 0415.292.533 |
| Duin Immo en Beheer
registered office since 24-10-1989 · founded in 1989 |
turnover €3.1m (2025) 0438.419.313 |
| VM Vastgoedbeheer
establishment since 01-07-2020 · founded in 1989 · negative equity (2024) · group Emeria Benelux · accounts filed late |
141 FTE (2024) 0437.396.556 |
| AMRY PATRIMONIAL
registered office since 29-04-1993 · founded in 1993 |
total assets €10.7m (2025) 0450.024.768 |
| WINCHILL
registered office since 13-07-2020 · founded in 2020 |
total assets €8.6m (2025) 0750.593.027 |
| COOMOR SERVICE CENTER
registered office since 14-03-1991 · founded in 1991 |
total assets €6.9m (2025) 0443.625.144 |
| Capitall
registered office since 19-04-2021 · founded in 2021 |
total assets €6.3m (2025) 0766.892.886 |
| ATCARS
registered office since 05-09-2019 · founded in 2019 |
total assets €5.4m (2025) 0733.724.133 |
Connections & network
11 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Class B director · deed of 07-08-2024
Founded in 2010 · total assets €119,533 (2025) · negative equity
via · Sole director · deed of 01-10-2024
Founded in 2014 · total assets €5.3m (2025)
via · Permanent representative · deed of 27-05-2026
Founded in 2011 · total assets €4.3m (2025)
via · Director · deed of 27-05-2026
Founded in 2022 · total assets €3.2m (2025)
Show 7 more companies with a shared director
via · Manager (not named in the articles) · deed of 14-09-2016
Founded in 2016 · total assets €586,120 (2025)
via · Manager (not named in the articles) · deed of 15-04-2025
Founded in 2025
via · Manager (not named in the articles) · deed of 15-04-2025
Founded in 2025
via · Class B director · deed of 07-10-2025
Founded in 2025
via · Permanent representative · deed of 18-12-2025
Founded in 2025
via · Manager (not named in the articles) · deed of 15-04-2025
Founded in 2025
via · Manager (not named in the articles) · deed of 15-04-2025
Founded in 2025
Timeline
Timeline
8 events since 2023Board
Filings
Establishments
Address
Other
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801586620
Registered office moved from Sint-Martens-Latem to Knokke-HeistNew registered office: Kalvekeetdijk 179 bus 105 te 8300 Knokke-Heist · Previous registered office: KORTRIJKSESTEENWEG 180 BUS 2B, 9830 SINT-MARTENS-LATEM · Resignation: (day-to-day manager) · Board meeting of 26-03-20264 points ▸
- Board meeting, 26-03-2026
- Registered-office move, Kalvekeetdijk 179 bus 105 te 8300 Knokke-Heist
- Director resignation, (day-to-day manager)
- Permanent representative, , mentioned twice in the deed
Annual accounts 2025 filed PDFabbreviated format · 9 days before the deadline
2024
Annual accounts 2024 filed PDFabbreviated format · 35 days before the deadline
Registered office moved from Deurle to Sint-Martens-LatemNew registered office: Kortrijksesteenweg 180, bus 2B, 9830 SINT-MARTENS-LATEM · Previous registered office: Kriekenbergdreef 12, 9831 DEURLE · Resignations: (director) and (director) · Board meeting of 01-10-20249 points ▸
- General meeting, 01-07-2024
- Director resignation,
- Director resignation,
- Director appointment,
- Permanent representative,
- Permanent representative, (plaatsvervangend vaste vertegenwoordiger)
- Director appointment, (day-to-day manager)
- Board meeting, 01-10-2024
- Registered-office move, Kortrijksesteenweg 180, bus 2B, 9830 SINT-MARTENS-LATEM
- The deed holds 2 more points.
Amendment of the articlesGeneral meeting of 27-12-20233 points ▸
- General meeting, 27-12-2023
- Incorporation, 09-05-2023
- Power of attorney,
2023
IncorporationFounding capital of €25,000, 250 shares · Founder: · Appointments: (director) and (director) · published on 11-05-20236 points ▸
- Registered office clause, Kriekenbergdreef 12
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Founder,
- Founding capital, €25,000, 250 shares
- The deed holds 4 more points.
First establishment Kalvekeetdijk 179, Knokke-Heist
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0801.586.620
- VAT number
- BE 0801.586.620
- Peppol ID
- 0208:0801586620
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-05-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of September at 10:00deed of 11-05-2023 (in Dutch)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CAPITALL CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-05-2023 (in Dutch)
Activities
NACEBEL 202568110
Buying and selling of own real estate main activity
Codes under NACEBEL 2008
68100
Real estate activities main activity
41101
Real estate development
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten van een algemene bouwonderneming beperkt tot de coördinatie van voormeldeprojecten; Het coördineren van werkzaamheden in de…”deed of 11-05-2023 (in Dutch)
14 activities
- Het uitbaten van een algemene bouwonderneming beperkt tot de coördinatie van voormeldeprojecten;
- Het coördineren van werkzaamheden in de breedste zin van het woord;
- De aankoop, ontwikkeling, verkoop en beheer van onroerende goederen;
- Het kopen en verkopen van aandelen in diverse vennootschappen;
- De studie, het ontwerpen, ontwikkelen, promoten en begeleiden van vastgoedprojecten allerhande;
- Het stellen van allerhande verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het verwerven, vervreemden, ruilen, huren, verhuren, bouwen, verbouwen, verkavelen, beheren, valoriseren en advies verlenen omtrent allerhande onroerende goederen;
- Het nemen of toestaan van optierechten tot koop of verkoop van vastgoed;
- Het verstrekken of toestaan van leningen en kredietopeningen, onder om het even welke vorm, aldan niet met hypotheek gewaarborgd, het financieren van vastgoedprojecten, het verstrekken van middelen en diensten aan ondernemingen, particulieren, organisaties en alle mogelijke instanties en in dit kader zich ook borg stellen of aval verlenen in de meest ruime zin en het verrichten van alle handels- en financiële operaties, behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen en hypotheekmaatschappijen;
- Alle mogelijke operaties van onroerende aard, met inbegrip van huur, huurfinanciering, leasing,erfpacht, opstal, vruchtgebruik, verkoop, inbreng, projectontwikkeling, mijnbouw, bosbouw, infrastructuurwerken en ontginning van olie en natuurlijke rijkdommen, alle mogelijke operaties met betrekking tot schepen, enzovoort, alsmede alle handel in verband met deze activiteiten;
- Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering, het verwerven door inschrijving op of aankoop en het beheren van aandelen, obligaties, opties, warrants, futures, of andere roerende waarden, van welke vorm ook, van Belgische of buitenlands bestaande of nog op te richten vennootschappen;
- Het waarnemen van bestuurs- en vereffeningsopdrachten en het uitoefenen van mandaten enfuncties die rechtstreeks of onrechtstreeks met haar voorwerp verband houden;
- Makelaar zijn in alle onroerende verrichtingen in de breedste zin van het woord. Bijgevolg kan zijalle al dan niet gebouwde goederen of terreinen kopen, verkopen, huren, verhuren en schatten, alle zakelijke of persoonlijke rechten in verband met deze goederen verlenen of aanvaarden, deze goederen verdelen in loten, promotieverrichtingen uitvoeren, ieder advies verstrekken en iedere technische bijstand verlenen inzake onroerende goederen;
- Onderneming in onroerende goederen, meer bepaald de projectontwikkeling, het verwerven, vervreemden, ruilen, bouwen, verbouwen, herbouwen, afbreken, veranderen, uitbaten, beheren, huren, verhuren, renoveren, herbestemmen, verkavelen en productief maken van, alsook het beleggen in, alle types onroerende goederen, hierna opgesomd maar niet beperkt tot: gronden, woningen, villa's, hoeves, appartementen, lofts, studentenkamers, logistieke panden, industriële panden, semi-industriële panden, stadswinkels, baanwinkels, alle soorten retailpanden, horeca- en vrijetijdspanden, cafés, restaurants, luxevastgoed, kantoren, chalets, winkelcentra, parkings, garages, infrastructuur, enzovoort, alsook alle aanverwante goederen;
- Het optreden als aannemer in vastgoedprojecten allerhande.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kalvekeetdijk 179 registered office 8300 Knokke-Heist | 09-05-2023 | 2.345.767.331 |
2 former offices
- Kortrijksesteenweg 180 Bus 2b, 9830 Sint-Martens-Latem until the deed of 27-05-2026
- 9831 Deurle until 01-09-2024 · deed of 29-10-2024
Buildings and parcels at the address
- Ground area
- 2,650 m²
- Buildings
- 134 m²
- Volume, LiDAR
- 148 m³
- Tallest building
- 5.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31039E0077/00N000 | 2,650 m² | 1 · 134 m² | 5.0 m |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0801.586.620