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CAPITANE COOP

Active
Cooperative companyfounded 2024active for 2 yearsVictor Jacobslaan 16, 1040 Etterbeek, BelgiumKBO/BCE: BE 1011.198.076
Summary

CAPITANE COOP has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,769 and a net result of -€86,106. Its solvency ranks better than 30% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Visual arts creation
NACE 90120Promotion and organisation of arts and performing arts events NACE 90391
3 sites
Size
€268,417total assets 2025
Staff
2.3 FTE
Equity
€48,769
Loss
-€86,106
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Board
10 members
Accounts filed 31 days late
Why 69raises riskLoss of €86,106 (financial year 2025)Equity €48,769 (18.2% of total assets)lowers riskSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 2.88, cash €98,436Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 90, micro)
Financial strength
Weak
Solvency 43
equity 18.2% of total assets
Liquidity 82
short-term debt 32.0% · cash 36.7%
Profitability 0
return on assets -32.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,419 companies, NACE 90, micro)
Last 24 months 08-2025: 0.6% 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.8%▲ +0.1 percentage points vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.9%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%▼ -0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.2 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026highest value 09-2026: 0.6%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.88, above the usual 1.5; short-term debt: 32% and cash: 36.7% of total assets), but 81.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 90, micro): better than 29% on solvency, 71% on liquidity and 7% on profitability.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 2.88, cash €98,436
NBB · annual accounts
raises risk · Loss of €86,106 (financial year 2025)
NBB · annual accounts
raises risk · Equity €48,769 (18.2% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: Thomas de Hemptinne (director) and…Appointments: VANHERF Gérôme Victor Emile…
  3. IncorporationAppointments: Michaux Nicolas Jean Mathieu…

Key points

  • Caution: Among the weakest 10% on net resultsector median €12,387 · 643 companies -€86,106 View
  • Board changedlatest change 30-03-2026 · 10 in office 5 joined · 2 left View
  • Total assets 2025first financial year filed €268,417 View

By topic

Financials

Financial year
2025
Total assets
€268,417
Loss
-€86,106
Solvency
18.2%
Go to Financials

Board & ownership

Board
10 members
  • Berwart NicolasDirector
  • Kernkamp François-XavierDirector
  • Maricq JulieDirector
  • Maus Grégoire Joseph Auguste André NicolasDirector
  • Michaux Nicolas Jean MathieuDirector

and 5 other directors

Go to Board & ownership

Company details

Sites
3
Legal form
Cooperative company
Activity
Visual arts creationNACE 90120
Founded
04-07-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
70
Annual meeting
First Friday of June at 18:00
Purpose
“Accompagner les artistes membres dans leur carrière et les assister dans développement…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

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