Equity
€445,876 ▲ 7.4%
CAPPA has made a profit without a break since 2017.
CAPPA
Lifetime
16 annual accounts with figures on one time axispeak €276,908 (2021)
€185,615▼ 8.6%
lowest -€2,870 (2011)
€30,642▼ 27.7%
peak €445,876 (2025)
€445,876▲ 7.4%
€341,931▼ 9.6%
peak 3.8 FTE (2015)
-not published
Board2 names since 2021
2 directorsCappai Tiziano and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €42,391 to €30,642Cash from €128,226 to €76,639
Key points
from the 2025 annual accountsFilings
16 annual accounts since 2010
Eight of the last ten came late. The 2016 accounts came latest: 179 days after the end of the period.
Position in the sector
€445,876
More equity than 95% of companies in food and beverage service. Sector median €28,641 · 17,176 companies.
Checked score
86
Excellent
Financially stronger than 57% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025highest value
10-2025: 0.1%▼ -0.4 percentage points 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: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Founded in 2009
Size: total assets €787,807
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 56, micro). It does better than 74% of them on solvency, 66% on liquidity, 35% on profitability and 53% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 10,904 companies had the same profile as CAPPA has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CAPPA itself: 0.3% 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 10,904 companies, not a prediction for CAPPA. 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 €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.87 (4.23 in 2024), above the usual 1.5. Short-term debt is 10.4% and cash 9.7% of total assets. 43.4% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
30 days late
2023
14 days late
2022
16 days late
2021
31 days late
2020
90 days late
2019
on the day
← 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 30 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0812158135
Appointment: Yaramis Eveline (director)
General meeting of 27-05-2024 · Gazette deed
Registered office moved from Antwerp to Brasschaat
New registered office: Kapelsesteenweg 406, 2930 Brasschaat · Previous registered office: Maantjessteenweg 159, 2170 Antwerpen · Board meeting of 14-01-2020 · Gazette deed
Incorporation
published on 17-06-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CAPPA Brasschaat | €787,807 | €185,615 | 56.6% | - |
| CHIVINA Seraing | €767,205 | €200,141 | 26.6% | 2.2 |
| NEW ASIA 2009 Oupeye | €873,824 | €206,366 | 32.5% | - |
| T SNACKHUISJE Langemark-Poelkapelle | €766,566 | €179,634 | 53.1% | - |
| PHILONASO Hastière | €696,024 | €165,833 | 77.1% | - |
| LUCEVALLA Wellin | €701,875 | €210,062 | 30.5% | - |
| EYKAERT Bilzen-Hoeselt | €906,455 | €209,395 | 10.2% | - |
These companies have the same main activity as CAPPA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €696,000 and €906,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 09-06-2009Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.212.432.5172930 Brasschaat, since 08-06-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- ≈ €540,000estimated
- €787,807▼ 0.7%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-08-2026
Insights on CAPPA
CAPPA files the micro format. That format states no turnover. The gross margin rose from €148,188 in 2010 to €185,615 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
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 CAPPA
- What is the company number of CAPPA?
- The company number of CAPPA is 0812.158.135. The VAT number is the same number with BE in front: BE 0812.158.135.
- Where is CAPPA based?
- The registered office is at Kapelsesteenweg 406, 2930 Brasschaat.Company details
- What does CAPPA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of CAPPA?
- CAPPA is a private limited company (BV).
- When was CAPPA founded?
- CAPPA was founded on 09-06-2009.
- Is CAPPA still active?
- Yes, CAPPA is an active enterprise in the KBO register.
- How many employees does CAPPA have?
- CAPPA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CAPPA?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €185,615 and 87 comparable companies (NACE 56111). It probably lies between €450,000 and €660,000. In financial year 2019 turnover was €581,679.
- Is CAPPA profitable?
- In financial year 2025, CAPPA made a profit of €30,642.
- Where can I find the annual accounts of CAPPA?
- CAPPA filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CAPPA due?
- CAPPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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