Summary
CAPTAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €206,852 and a net result of €61,093. Equity is shrinking by about 5.6% per year across the filed financial years. Its solvency ranks better than 63% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210Business and other management consultancy NACE 70200
1 site
Size
≈ €340,000turnover 2025, estimated
- Staff
- ≈ 2.3 FTE, estimated
- Equity
- €206,852
- Profit
- €61,093
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Signalsraises risk2025 accounts filed 31 days latelowers riskGrowing equityShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €206,852
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
61 days late
2023
92 days late
2022
56 days late
2021
29 days late
2020
51 days early
2019
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 25 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €61,093 ▲808%
- Equity above €200,000equity €206,852 ▲41.9%
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470906.
Equity
€206,852▲ 41.9%
2024 · €145,759
Net result
€61,093▲ 808%
2024 · €6,725
Total assets
€311,940▲ 36.2%
2024 · €229,053
Solvency
66.3%▲ 2.7pp
2024 · 63.6%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is over 11 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€69,785
2025
Net result€61,093
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€311,940
2025
Equity€206,852
2025
Debt€105,088
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€173,925
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)19.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency66.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.66
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€71,594
Operating result€35,017-€52,024▲ 48.6%-€35,250-€40,671▼ 15.4%-€10,254▲ 74.8%-€7,569▲ 26.2%€6,089€69,785▲ 11×
Net result€28,473-€37,553▲ 31.9%-€35,046below the sector's middle half-€39,968below the sector's middle half▼ 14.0%-€9,738below the sector's middle half▲ 75.6%-€7,259below the sector's middle half▲ 25.5%€6,725within the sector's middle half€61,093within the sector's middle half▲ 808%
Equity€184,742-€222,296▲ 20.3%€187,249within the sector's middle half▼ 15.8%€147,281within the sector's middle half▼ 21.3%€137,543within the sector's middle half▼ 6.6%€130,285within the sector's middle half▼ 5.3%€145,759within the sector's middle half▲ 11.9%€206,852within the sector's middle half▲ 41.9%
Total assets€190,153-€225,019▲ 18.3%€193,741below the sector's middle half▼ 13.9%€161,753within the sector's middle half▼ 16.5%€167,410within the sector's middle half▲ 3.5%€193,321within the sector's middle half▲ 15.5%€229,053within the sector's middle half▲ 18.5%€311,940within the sector's middle half▲ 36.2%
Debt€5,410-€2,723▼ 49.7%€6,491▲ 138%€14,472▲ 123%€29,867▲ 106%€63,036▲ 111%€83,293▲ 32.1%€105,088▲ 26.2%
Working capital€152,790-€188,475▲ 23.4%€165,011within the sector's middle half▼ 12.4%€125,201within the sector's middle half▼ 24.1%€114,495within the sector's middle half▼ 8.6%€108,933within the sector's middle half▼ 4.9%€122,462within the sector's middle half▲ 12.4%€173,925above the sector's middle half▲ 42.0%
Solvency97.2%-98.8%▲ 1.6pp96.6%above the sector's middle half▼ 2.1pp91.1%above the sector's middle half▼ 5.6pp82.2%above the sector's middle half▼ 8.9pp67.4%within the sector's middle half▼ 14.8pp63.6%within the sector's middle half▼ 3.8pp66.3%within the sector's middle half▲ 2.7pp
Current ratio30.03-70.22▲ 40.1926.42above the sector's middle half▼ 43.809.65above the sector's middle half▼ 16.774.83above the sector's middle half▼ 4.822.73within the sector's middle half▼ 2.112.47within the sector's middle half▼ 0.262.66within the sector's middle half▲ 0.18
Return on assets (ROA)15.0%-16.7%▲ 1.7pp-18.1%below the sector's middle half▼ 34.8pp-24.7%below the sector's middle half▼ 6.6pp-5.8%below the sector's middle half▲ 18.9pp-3.8%below the sector's middle half▲ 2.1pp2.9%within the sector's middle half▲ 6.7pp19.6%within the sector's middle half▲ 16.6pp
Staff (FTE)0.3below the sector's middle half1▲ 233%
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €311,940
Fixed assets
€32,927 ▲ 41.3%
Current assets
€279,013 ▲ 35.6%
Equity and liabilities €311,940
Equity
€206,852 ▲ 41.9%
Debt
€105,088 ▲ 26.2%
Debt's share of the balance-sheet total falls from 36.4% to 33.7%. Equity and debt are higher.
Key figures and ratios
ROE
29.5%▲
2024 · 4.6%
Debt ≤ 1 year
€105,088▲
2024 · €83,293
Income taxes
€9,693▲
2024 · €361
Staff costs
€184,594▲
2024 · €145,063
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €71,594 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €31,168 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €31,168 | €59,480 | €113,554 | €145,063 | €184,594 | ▲ 27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,748 | €11,583 | €11,583 | €11,408 | €3,242 | €2,781 | €1,338 | €2,699 | ▲ 102% |
| Other operating charges640/8 | - | - | - | €2,650 | €1,713 | €1,792 | €2,135 | €1,806 | ▼ 15.4% |
| Gross operating margin9900 | €45,036 | €64,600 | -€16,451 | €4,555 | €54,181 | €110,557 | €154,625 | €258,884 | ▲ 67.4% |
| Operating profit (loss)9901 | €35,017 | €52,024 | -€35,250 | -€40,671 | -€10,254 | -€7,569 | €6,089 | €69,785 | ▲ 11× |
| Financial income75/76B | - | - | - | €1,122 | €961 | €930 | €1,143 | €1,170 | ▲ 2.4% |
| Recurring financial income75 | - | €1,265 | €668 | €1,122 | €961 | €930 | €1,143 | €1,170 | ▲ 2.4% |
| Financial charges65/66B | - | - | - | €125 | €116 | €362 | €146 | €169 | ▲ 15.8% |
| Recurring financial charges65 | €350 | €135 | €166 | €125 | €116 | €362 | €146 | €169 | ▲ 15.8% |
| Profit (loss) for the period before taxes9903 | €34,667 | €53,154 | -€34,748 | -€39,675 | -€9,409 | -€7,001 | €7,086 | €70,786 | ▲ 899% |
| Income taxes67/77 | €6,194 | €15,600 | €299 | €293 | €329 | €258 | €361 | €9,693 | ▲ 27× |
| Profit (loss) for the period9904 | €28,473 | €37,553 | -€35,046 | -€39,968 | -€9,738 | -€7,259 | €6,725 | €61,093 | ▲ 808% |
| Profit (loss) for the period to be appropriated9905 | €28,473 | €37,553 | -€35,046 | -€39,968 | -€9,738 | -€7,259 | €6,725 | €61,093 | ▲ 808% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €190,153 | €225,019 | €193,741 | €161,753 | €167,410 | €193,321 | €229,053 | €311,940 | ▲ 36.2% |
| Fixed assets21/28 | €32,100 | €33,821 | €22,238 | €22,080 | €23,048 | €21,351 | €23,297 | €32,927 | ▲ 41.3% |
| Tangible fixed assets22/27 | €31,870 | €33,591 | €22,008 | €21,850 | €22,818 | €21,121 | €23,067 | €32,697 | ▲ 41.7% |
| Land and buildings22 | - | - | - | €11,250 | €11,250 | €11,250 | €11,250 | €11,250 | = |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €316 | €237 | ▼ 24.8% |
| Furniture and vehicles24 | - | - | - | €10,600 | €11,568 | €9,871 | €11,501 | €21,210 | ▲ 84.4% |
| Financial fixed assets28 | €230 | €230 | €230 | €230 | €230 | €230 | €230 | €230 | = |
| Current assets29/58 | €158,053 | €191,198 | €171,503 | €139,673 | €144,362 | €171,970 | €205,756 | €279,013 | ▲ 35.6% |
| Amounts receivable after more than one year29 | - | - | - | €21,927 | €21,927 | €21,927 | €21,927 | €21,927 | = |
| Other amounts receivable291 | - | - | - | €21,927 | €21,927 | €21,927 | €21,927 | €21,927 | = |
| Stocks and contracts in progress3 | - | - | - | €3,500 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €3,500 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €4,113 | €39,276 | €11,511 | €40,265 | €69,669 | €78,067 | €79,075 | €137,720 | ▲ 74.2% |
| Trade receivables40 | - | - | - | €30,713 | €62,791 | €65,960 | €67,853 | €123,039 | ▲ 81.3% |
| Other amounts receivable41 | - | - | - | €9,552 | €6,878 | €12,107 | €11,222 | €14,682 | ▲ 30.8% |
| Cash at bank and in hand54/58 | €120,657 | €119,746 | €133,321 | €71,877 | €50,235 | €67,641 | €100,317 | €115,479 | ▲ 15.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,104 | €2,531 | €4,335 | €4,438 | €3,887 | ▼ 12.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €190,153 | €225,019 | €193,741 | €161,753 | €167,410 | €193,321 | €229,053 | €311,940 | ▲ 36.2% |
| Equity10/15 | €184,742 | €222,296 | €187,249 | €147,281 | €137,543 | €130,285 | €145,759 | €206,852 | ▲ 41.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €172,342 | €209,896 | €174,849 | €134,881 | €125,143 | €117,885 | €133,359 | €194,452 | ▲ 45.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €133,021 | €123,283 | €116,025 | €131,499 | €192,592 | ▲ 46.5% |
| Amounts payable17/49 | €5,410 | €2,723 | €6,491 | €14,472 | €29,867 | €63,036 | €83,293 | €105,088 | ▲ 26.2% |
| Amounts payable within one year42/48 | €5,264 | €2,723 | €6,491 | €14,472 | €29,867 | €63,036 | €83,293 | €105,088 | ▲ 26.2% |
| Trade debts44 | €433 | €1,395 | €1,761 | €1,608 | €5,844 | €13,662 | €20,679 | €13,756 | ▼ 33.5% |
| Suppliers440/4 | - | - | - | €1,608 | €5,844 | €13,662 | €20,679 | €13,756 | ▼ 33.5% |
| Taxes, remuneration and social security45 | - | - | - | €12,864 | €24,023 | €49,374 | €62,614 | €91,332 | ▲ 45.9% |
| Taxes450/3 | - | - | - | €4,980 | €9,285 | €16,334 | €38,867 | €53,853 | ▲ 38.6% |
| Remuneration and social security454/9 | - | - | - | €7,884 | €14,737 | €33,040 | €23,747 | €37,479 | ▲ 57.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,473 | €37,553 | -€35,046 | -€39,968 | -€9,738 | -€7,259 | €6,725 | €61,093 | ▲ 808% |
| + Depreciation and write-downs630 | €8,748 | €11,583 | €11,583 | €11,408 | €3,242 | €2,781 | €1,338 | €2,699 | ▲ 102% |
| Operating cash flow (approximation) | €37,221 | €49,136 | -€23,464 | -€28,560 | -€6,496 | -€4,478 | €8,063 | €63,791 | ▲ 691% |
| Investment in fixed assets (approximation) | - | -€13,304 | €0 | -€11,250 | -€4,210 | -€1,084 | -€3,284 | -€12,329 | ▼ 275% |
| Change in cash | - | -€910 | €13,575 | -€61,444 | -€21,642 | €17,406 | €32,676 | €15,162 | ▼ 53.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00470906 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00522106 |
| 31-12-2023 | micro format | 31-10-2024 | 2024-00523356 |
| 31-12-2022 | micro format | 25-09-2023 | 2023-00452363 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20334420 |
| 31-12-2020 | abbreviated format | 10-06-2021 | 2021-18700232 |
| 31-12-2019 | abbreviated format | 02-06-2020 | 2020-14400550 |
| 31-12-2018 | abbreviated format | 18-06-2019 | 2019-19400090 |
| 31-12-2017 | abbreviated format | 01-06-2018 | 2018-15200088 |
| 31-12-2016 | abbreviated format | 29-05-2017 | 2017-13300213 |
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Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,128. 13,756 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 · 1 entry · €109 awarded · €109 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2023
VISSERS Christiaan Augustinus Denis
CurrentDirector (not named in the articles) · since 01-12-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VISSERS Christiaan Augustinus Denis |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
31-12
Financial
Highest result from 2018 to 2025net €61,093 ▲808%
Operating result €69,785, net result €61,093, both a record.
31-12
Financial
Equity above €200,000equity €206,852 ▲41.9%
2 profitable years in a row build equity to €206,852.
30-09
NBB filing
Annual accounts filed
financial year 2024 · micro format · 61 days late
2024
31-12
Financial
Back to profitnet €6,725
Net result €6,725 after 4 loss-making years.
31-10
NBB filing
Annual accounts filed
financial year 2023 · micro format · 92 days late
2023
01-12
Gazette deed
Resignation: VISSERS Christiaan Augustinus Denis (manager)Appointment: VISSERS Christiaan Augustinus Denis (director) · Amendment of the articles5 facts ▸
Gazette deed
Resignation: VISSERS Christiaan Augustinus Denis (manager)
Appointment: VISSERS Christiaan Augustinus Denis (director) · Amendment of the articles5 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Other provision, “omvorming statutair onbeschikbare vermogensrekeningen in beschikbare vermogensrekeningen, van rechtswege gevormd ten gevolge van aanpassing statuten aan WVV” (deed in Dutch)
- Director resignation, VISSERS Christiaan Augustinus Denis (manager (not named in the articles))
- Director appointment, VISSERS Christiaan Augustinus Denis (director (not named in the articles))
25-09
NBB filing
Annual accounts filed
financial year 2022 · micro format · 56 days late
2022
29-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€39,968
Net result drops to -€39,968, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
02-06
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2019
31-12
Financial
Liquidity more than doubledcurrent ratio 70.22
Current ratio from 30.03 to 70.22; short-term debt falls from €5,264 to €2,723.
31-12
Financial
Equity above €200,000equity €222,296 ▲20.3%
A profit in every financial year since 2018 builds equity to €222,296.
18-06
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
01-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
29-05
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded15-04-2009
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811155372
Registered
29-10-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2009
Ground area
2,349 m²
Building footprint
183 m²
Building volume
825 m³
Parcel 71024D0022/00E000, Flanders · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
CAPTAR
since 2009unit no. 2.177.829.845
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71024D0022/00E000 | Flanders | 2,348 m² | 1 · 183 m² | 7.5 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.