Capstone Development Group
Annual accounts 2024
micro format, filed on 10-09-2025, 41 days lateMoney flows
no detail for 2024Balance sheet
balance sheet total €204,143 on 31-12-2024in euro
in euro
Position in the sector
-200.1%
Lower than 95% of 19,156 companies in 2024.
0.08
Higher than 10% of 18,317 companies in 2024.
-205.9%
Lower than 95% of 18,795 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
204,143 | 1.9m | 1.1m | 2.8m | |
20 |
663 | 772 | 880 | 988 | |
21/28 |
157,204 | 206,291 | 255,488 | 273,520 | |
21 |
6,374 | 12,951 | 19,527 | 26,103 | |
22/27 |
114,429 | 156,941 | 200,561 | 212,017 | |
23 |
7,719 | 17,151 | 27,171 | 32,503 | |
24 |
82,530 | 107,178 | 131,826 | 146,977 | |
26 |
24,180 | 32,612 | 41,564 | 32,536 | |
28 |
36,400 | 36,400 | 35,400 | 35,400 | |
29/58 |
46,276 | 1.7m | 849,490 | 2.5m | |
40/41 |
45,783 | 1.7m | 790,285 | 2.5m | |
40 |
4,095 | 1.6m | 734,416 | 2.5m | |
41 |
41,688 | 29,476 | 55,869 | 43,751 | |
54/58 |
0 | 0 | 50,482 | 14,351 | |
490/1 |
493 | 493 | 8,723 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
204,143 | 1.9m | 1.1m | 2.8m | |
10/15 |
-408,489 | 11,911 | 206,013 | 96,312 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
14 |
-409,489 | 10,911 | 205,013 | 95,312 | |
17/49 |
612,632 | 1.9m | 899,844 | 2.7m | |
17 |
- | - | 257,764 | 1.6m | |
170/4 |
- | - | 257,764 | 1.6m | |
42/48 |
577,592 | 1.8m | 632,919 | 1.2m | |
43 |
24,437 | 9,030 | - | - | |
430/8 |
24,437 | 9,030 | - | - | |
44 |
233,484 | 761,697 | 444,762 | 1.0m | |
440/4 |
233,484 | 761,697 | 444,762 | 1.0m | |
45 |
223,821 | 233,040 | 72,074 | 98,274 | |
450/3 |
122,563 | 122,563 | 48,560 | 78,327 | |
454/9 |
101,258 | 110,477 | 23,515 | 19,947 | |
47/48 |
95,850 | 827,842 | 116,083 | 28,855 | |
492/3 |
35,040 | 24,680 | 9,161 | 7,500 | |
| Income statement | |||||
70 |
- | - | - | 2.5m | |
9900 |
-89,459 | 140,776 | 370,956 | 610,691 | |
60/61 |
- | - | - | 1.8m | |
62 |
771 | 263,125 | 171,888 | 261,023 | |
630 |
49,196 | 52,089 | 50,842 | 49,354 | |
640/8 |
- | 8,381 | 12,215 | 11,424 | |
9901 |
-139,425 | -182,819 | 136,012 | 288,890 | |
75/76B |
- | - | 7,710 | 0 | |
75 |
- | - | 7,710 | 0 | |
65/66B |
280,975 | 11,283 | 9,991 | 139,426 | |
65 |
451 | 11,283 | 9,991 | 139,426 | |
66B |
280,524 | - | - | - | |
9903 |
-420,401 | -194,102 | 133,730 | 149,464 | |
67/77 |
- | - | 24,029 | 54,152 | |
9904 |
-420,401 | -194,102 | 109,702 | 95,312 | |
9905 |
-420,401 | -194,102 | 109,702 | 95,312 | |
| Appropriation of the result | |||||
9906 |
-409,489 | 10,911 | 205,013 | 95,312 | |
14P |
10,911 | 205,013 | 95,312 | - | |
| Social balance sheet | |||||
9087 |
- | 4 | 2.9 | 4 | |
Hours worked1013 |
- | - | 4,460 | 6,523 | |
| Document | |||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 10-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 41 days after the deadline. Filed on 10 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00489069.
Subsidies and aid
Flemish government 2022, 1 entry, €135 awarded, €135 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -90,230 | -130,730 | 186,854 | 338,243 | ||
| -371,205 | -142,013 | 160,544 | 144,666 | ||
| 108 | 2,784 | 32,702 | 322,779 | ||
| 0 | -50,482 | 36,131 | - | ||
| -531,316 | -170,471 | 216,571 | 1.4m | ||
| - | - | - | 11.8% | ||
| -200.1% | 0.6% | 18.6% | 3.4% | ||
| 0.08 | 0.91 | 1.34 | 2.21 | ||
| - | - | 4.37 | 28.31 | ||
| - | - | 53.2% | 99.0% | ||
| -205.9% | -10.4% | 9.9% | 3.4% | ||
| -199.93 | -11.59 | 18.70 | 2.43 | ||
| - | - | - | 371 days | ||
| - | - | - | 203 days |
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.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 4 | 7 |
| full-time | 4 | 5 |
| part-time | - | 2 |
| in full-time equivalents | 4 | 6.8 |
| 2.9 | 4.4 | |
| On a permanent contract | 4 | 7 |
| Joined | 4 | 6 |
| Left | 2 | 3 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Overdue debts
tax and social security| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Overdue tax debts | - | - | - | €18,239 |
| Overdue social security (RSZ) debts | - | - | - | €1,394 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,784 | €32,702 | €254,498 |
| Intangible fixed assets | - | - | - | €32,881 |
| Financial fixed assets | - | €1,000 | - | €35,400 |
| €49,196 | €52,089 | €50,842 | €49,354 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on Capstone Development Group
The operating result for 2024 is a loss of €139,425, smaller than the loss of €182,819 in 2023.
Equity is negative. Debt (€612,632) exceeds the balance-sheet total (€204,143).
- 2024 Net result -117% on 2023. The accounts now follow the micro format, last year the abbreviated format.