CAPSULE
ActiveCAPSULE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €12k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 953 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+17
Solvency74▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 7.79 in 2024; short-term debt: 29.7% and cash: 38.4% of total assets), but 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
15%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
5 d early
2023
on the day
2022
71 d early
2021
45 d early
2020
17 d late
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 43.6%
2024 · €27k
2019: €13k
2020: €16k
2021: €27k
2022: €26k
2023: €26k
2024: €27k
2019 → 2025
Total assets
€78k▲ 58.4%
2024 · €50k
2019: €41k
2020: €45k
2021: €69k
2022: €65k
2023: €56k
2024: €50k
2019 → 2025
Net result
€12k▲ 1,077%
2024 · €1k
2019: €241
2020: €4k
2021: €12k
2022: €596
2023: €2k
2024: €1k
2019 → 2025
Working capital
€49k▲ 18.3%
2024 · €42k
2019: €28k
2020: €30k
2021: €42k
2022: €42k
2023: €42k
2024: €42k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€26k▼ 3.8%€26k▲ 1.3%€27k▲ 3.8%€39k▲ 43.6%
Operating result€17k-€2k▼ 89.3%€4k▲ 103%€2k▼ 40.4%€17k▲ 691%
Net result€12k-€596▼ 94.9%€2k▲ 226%€1k▼ 48.5%€12k▲ 1,077%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 691% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€6k▲ 229%
Current assets
€73k▲ 51.9%
Equity and liabilities €78k
Equity
€39k▲ 43.6%
Provisions
€16k=
Debt
€24k▲ 262%
The debt ratio rises from 13.2% to 30.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €3k
Cash flow
€13k▲
2024 · €1k
Solvency
49.4%▼
2024 · 54.5%
Current ratio
3.11▼
2024 · 7.79
Quick ratio
3.11▼
2024 · 7.79
Debt / equity
0.61▲
2024 · 0.24
ROE
30.4%▲
2024 · 3.7%
ROA
15.0%▲
2024 · 2.0%
Interest coverage
34.03▲
2024 · 21.73
Debt
€24k▲
2024 · €7k
Debt ≤ 1 year
€23k▲
2024 · €6k
Income taxes
€5k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€50k€78k▲
Fixed assets21/28€2k€6k▲
Tangible fixed assets22/27€2k€6k▲
Furniture and vehicles24€2k€6k▲
Current assets29/58€48k€73k▲
Amounts receivable within one year40/41€18k€42k▲
Trade receivables40€17k€41k▲
Other amounts receivable41€913€1k▲
Cash at bank and in hand54/58€27k€30k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€50k€78k▲
Equity10/15€27k€39k▲
Contributions10/11€6k€6k=
Reserves13€12k€24k▲
Non-distributable reserves130/1€598€598=
Reserves not available under the articles1311€598€598=
Distributable reserves133€12k€24k▲
Profit (loss) carried forward14€8k€8k=
Provisions and deferred taxes16€16k€16k=
Provisions for liabilities and charges160/5€16k€16k=
Pensions and similar obligations160€16k€16k=
Amounts payable17/49€7k€24k▲
Amounts payable within one year42/48€6k€23k▲
Trade debts44€78€279▲
Suppliers440/4€78€279▲
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€4k€10k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€2k€10k▲
Accrued charges and deferred income492/3€405€385▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€732▲
Other operating charges640/8€765€631▼
Gross operating margin9900€3k€19k▲
Operating profit (loss)9901€2k€17k▲
Financial charges65/66B€120€535▲
Recurring financial charges65€120€535▲
Profit (loss) for the period before taxes9903€2k€17k▲
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€1k€12k▲
Profit (loss) for the period to be appropriated9905€1k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€20k▲
Profit (loss) brought forward from the previous period14P€7k€8k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €12k ▲216%
Net result €12k, the highest in the series.
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
15-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rebecq · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin du Blocu 291430 RebecqGround area
883 m²
Building footprint
94 m²
Volume, LiDAR
658 m³
Parcel 25090A0232/00G000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAPSULE
since 20072.164.251.033
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25090A0232/00G000 | Wallonia | 883 m² | 1 · 94 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,855 companies in sector 18130 we hold annual accounts for 831. 668 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2007
Fiscal year end30-06
Activities, NACEBEL
18130Pre-press and pre-media services
22240
22250
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73110Advertising agencies
73120Media representation
73300Public relations and communication consultancy
74141
74142
74401
74402
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:capsule@capsule.be