cApStAn
ActiveSummary
cApStAn has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724,443 and a net result of €377,370. Equity has been shrinking by about 2.7% per year since 2018. Its solvency ranks better than 65% of 211 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-07-2007 Normal situation
- Activity
- Translation services NACE 74301and 2 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
- Establishment unit
- 2.233.909.406 1170 Watermaal-Bosvoorde, since 18-01-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 27-04-2026
Board and ownership
- Henrik von SchlanbuschManaging director
- Andrea FerrariDirector · since 23-06-2023
- Musab HayatliDirector · since 23-06-2023
- Holdings
- Shares in 1 company CAPSTAN INC
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €1.2m
- ▲ 154%
- Turnover
- ≈ €2.1m
- estimated
- Profit
- €377,370
- Equity
- €724,443
- ▲ 109%
- Total assets
- €1.3m
- ▲ 24.4%
- Employees on 31-12-2025
- 11
- ▼ 26.7%
Score breakdownlowers riskEquity €724,443 (54.5% of total assets)Liquidity: current ratio 1.56, cash €226,909Profit of €377,370 (financial year 2025)Founded in 2007Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 74, small). It does better than 59% of them on solvency, 48% on liquidity, 94% on profitability and 91% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Equity rose in 2025from €347,073 to €724,443 ▲ 109% View
- Positive: Higher net result than 87% of companies in other professional activitiessector median €8,156 · 211 companies €377,370 View
- Board changedlatest change 01-10-2026 · 8 in office 4 joined · 1 left View
- EU supportawarded from 2021 to 2025 €132,109 View
Recent changes
- · Gazette deed Resignation: Jan Denys (managing director)Appointment: Henrik von Schlanbusch (managing director)
- · Gazette deed Resignation: PELAGUS SRL (director)Permanent representative: Steve Vantorre · Appointments: Øyvind Meistad, Henrik von Schlanbusch and 2 others
- · Gazette deed Reappointments: Stephane Dept, Andrea Ferrari and 3 othersPermanent representative: Steve Vantorre · Appointment: Jan Denys (managing director)
Comparable companies
These companies have the same main activity as cApStAn: translation services (NACE 74301). They are comparable in size and age: total assets between €721,000 and €2.2m, founded between 1980 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| cApStAn Watermaal-Bosvoorde | €1.3m | €1.2m |
| AKIRA TRANSLATIONS Brussel | €0.8m | €0.7m |
| STOQUART Mons | €1.9m | €1.0m |
| Brussel Onthaal Brussel | €1.3m | €0.7m |
| Untranslate Kontich | €1.0m | €0.6m |
| DICTON Mouscron | €2.2m | €0.5m |
| CEYLAN F CONSULTING Mechelen | €0.7m | €0.8m |
Key facts about cApStAn
- What is the company number of cApStAn?
- The company number of cApStAn is 0890.600.946. The VAT number is the same number with BE in front: BE 0890.600.946.
- Where is cApStAn based?
- The registered office is at Terhulpsesteenweg 268, 1170 Watermaal-Bosvoorde.Company details
- What does cApStAn do?
- According to the KBO register, the main activity is translation services (NACE 74301).
- What is the legal form of cApStAn?
- The legal form of cApStAn is Public limited company (NV).
- When was cApStAn founded?
- cApStAn was founded on 05-07-2007.
- Is cApStAn still active?
- Yes, cApStAn is an active enterprise in the KBO register.
- How many employees does cApStAn have?
- cApStAn had an average of 11 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does cApStAn fall under?
- In its 2022 annual accounts, cApStAn states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of cApStAn?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,584 comparable companies of the same size. It probably lies between €1.4m and €3.4m. It is a rough estimate.
- Is cApStAn profitable?
- In financial year 2025, cApStAn made a profit of €377,370.
- Where can I find the annual accounts of cApStAn?
- cApStAn filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of cApStAn due?
- cApStAn must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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