Captivate
ActiveSummary
Captivate has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €28k. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+25
Solvency31▲+4
Growth32=
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 tight (current ratio 1.23 against 0.87 in 2024; short-term debt: 10.4% and cash: 10.4% of total assets), and 93.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
6.2%
Return on assets
3.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
15 d early
2022
28 d early
2021
22 d early
2020
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▲ 140%
2024 · €20k
Total assets
€774k▼ 3.3%
2024 · €800k
Net result
€28k
2024 · €-2k
Working capital
€19k
2024 · €-14k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€43k▼ 34.3%€-16k€16k€12k▼ 26.3%€45k▲ 288%
Net result€33k▼ 36.8%€-22k€6k€-2k€28k
Equity€89k▲ 58.7%€67k▼ 25.1%€72k▲ 8.5%€20k▼ 72.4%€48k▲ 140%
Total assets€112k▲ 48.2%€490k▲ 336%€668k▲ 36.2%€800k▲ 19.9%€774k▼ 3.3%
Debt€23k▲ 18.6%€423k▲ 1,703%€595k▲ 40.6%€780k▲ 31.1%€726k▼ 6.9%
Working capital€83k▲ 64.3%€85k▲ 3.0%€78k▼ 8.5%€-14k€19k
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 288% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €774k
Fixed assets
€675k ▼ 3.9%
Current assets
€99k ▲ 1.1%
Equity and liabilities €774k
Equity
€48k ▲ 140%
Debt
€726k ▼ 6.9%
Debt's share of the balance-sheet total falls from 97.5% to 93.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93k▲
2024 · €52k
Cash flow
€76k▲
2024 · €38k
Current ratio
1.23▲
2024 · 0.87
Debt to equity
15.13▼
2024 · 39.10
ROE
58.4%▲
2024 · -11.4%
ROA
3.6%▲
2024 · -0.3%
Interest coverage
6.63▲
2024 · 3.57
Debt ≤ 1 year
€80k▼
2024 · €112k
Debt > 1 year
€646k▼
2024 · €666k
Income taxes
€3k▲
2024 · €178
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €52k | €16k | €41k | €48k | ▲ 17.6% |
| Other operating charges640/8 | €559 | €3k | €10k | €18k | €5k | ▼ 72.1% |
| Gross operating margin9900 | €46k | €39k | €42k | €70k | €98k | ▲ 39.9% |
| Operating profit (loss)9901 | €43k | €-16k | €16k | €12k | €45k | ▲ 288% |
| Financial income75/76B | - | - | €329 | €937 | €374 | ▼ 60.0% |
| Recurring financial income75 | - | - | €329 | €937 | €374 | ▼ 60.0% |
| Financial charges65/66B | €2k | €6k | €10k | €15k | €14k | ▼ 4.4% |
| Recurring financial charges65 | €2k | €6k | €10k | €15k | €14k | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | €42k | €-22k | €6k | €-2k | €32k | ▲ 1,597% |
| Income taxes67/77 | €9k | €203 | €201 | €178 | €3k | ▲ 1,854% |
| Profit (loss) for the period9904 | €33k | €-22k | €6k | €-2k | €28k | ▲ 1,328% |
| Profit (loss) for the period to be appropriated9905 | €33k | €-22k | €6k | €-2k | €28k | ▲ 1,328% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112k | €490k | €668k | €800k | €774k | ▼ 3.3% |
| Fixed assets21/28 | €6k | €356k | €488k | €702k | €675k | ▼ 3.9% |
| Tangible fixed assets22/27 | €6k | €356k | €487k | €702k | €675k | ▼ 3.9% |
| Land and buildings22 | - | €352k | €486k | €682k | €671k | ▼ 1.6% |
| Plant, machinery and equipment23 | €2k | €1k | €670 | - | - | - |
| Furniture and vehicles24 | €4k | €2k | €910 | €20k | €3k | ▼ 82.4% |
| Financial fixed assets28 | - | - | €440 | €440 | €440 | = |
| Current assets29/58 | €106k | €134k | €180k | €98k | €99k | ▲ 1.1% |
| Amounts receivable after more than one year29 | - | - | €6k | - | - | - |
| Other amounts receivable291 | - | - | €6k | - | - | - |
| Amounts receivable within one year40/41 | €19k | €4k | €16k | €21k | €19k | ▼ 9.7% |
| Trade receivables40 | €19k | - | €16k | €16k | €17k | ▲ 8.6% |
| Other amounts receivable41 | - | €4k | €207 | €5k | €2k | ▼ 66.5% |
| Cash at bank and in hand54/58 | €87k | €116k | €157k | €77k | €80k | ▲ 4.0% |
| Deferred charges and accrued income490/1 | - | €14k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112k | €490k | €668k | €800k | €774k | ▼ 3.3% |
| Equity10/15 | €89k | €67k | €72k | €20k | €48k | ▲ 140% |
| Contributions10/11 | €4k | €4k | €4k | €4k | €4k | = |
| Reserves13 | €52k | €63k | €63k | €16k | €16k | = |
| Distributable reserves133 | €52k | €63k | €63k | €16k | €16k | = |
| Profit (loss) carried forward14 | €33k | - | €6k | - | €28k | - |
| Amounts payable17/49 | €23k | €423k | €595k | €780k | €726k | ▼ 6.9% |
| Amounts payable after more than one year17 | - | €373k | €493k | €666k | €646k | ▼ 3.1% |
| Financial debts170/4 | - | €373k | €493k | €666k | €646k | ▼ 3.1% |
| Amounts payable within one year42/48 | €23k | €49k | €102k | €112k | €80k | ▼ 28.5% |
| Current portion of amounts payable after more than one year42 | - | €36k | €37k | €52k | €43k | ▼ 17.5% |
| Trade debts44 | €3k | €6k | €51k | €9k | €7k | ▼ 27.3% |
| Suppliers440/4 | €3k | €6k | €51k | €9k | €7k | ▼ 27.3% |
| Taxes, remuneration and social security45 | €18k | €7k | €14k | €14k | €10k | ▼ 29.8% |
| Taxes450/3 | €16k | €4k | €12k | €13k | €9k | ▼ 27.5% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €1k | €708 | ▼ 50.2% |
| Other amounts payable47/48 | €3k | - | €98 | €37k | €21k | ▼ 43.6% |
| Accrued charges and deferred income492/3 | - | €1k | - | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €-22k | €6k | €-2k | €28k | ▲ 1,328% |
| + Depreciation and write-downs630 | €2k | €52k | €16k | €41k | €48k | ▲ 17.6% |
| Operating cash flow (approximation) | €35k | €30k | €21k | €38k | €76k | ▲ 97.4% |
| Investment in fixed assets (approximation) | - | €-402k | €-147k | €-255k | €-21k | ▲ 91.9% |
| Change in cash | - | €28k | €42k | €-80k | €3k | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Hove · 1 establishment unit since 2020
Ground area
660 m²
Building footprint
187 m²
Volume, LiDAR
962 m³
Parcel 11021A0024/00K006, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Captivate
since 20202.297.668.197
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0024/00K006 | Flanders | 660 m² | 1 · 187 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.