KAPASA
ActiveKAPASA 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 €431k and a net result of €-18k. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 7971 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
36 d early
2023
40 d early
2022
48 d early
2021
47 d early
2020
24 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€431k▼ 4.1%
2024 · €449k
2018: €85k
2019: €144k
2020: €175k
2021: €203k
2022: €274k
2023: €373k
2024: €449k
2018 → 2025
Net result
€-18k
2024 · €76k
2018: €32k
2019: €59k
2020: €31k
2021: €28k
2022: €71k
2023: €100k
2024: €76k
2018 → 2025
Total assets
€758k▼ 12.0%
2024 · €861k
2018: €1.18M
2019: €1.21M
2020: €849k
2021: €831k
2022: €808k
2023: €847k
2024: €861k
2018 → 2025
Solvency
56.8%▲ 4.7pp
2024 · 52.2%
2018: 7.2%
2019: 11.9%
2020: 20.7%
2021: 24.4%
2022: 33.9%
2023: 44.1%
2024: 52.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€203k-€274k▲ 34.9%€373k▲ 36.5%€449k▲ 20.2%€431k▼ 4.1%
Operating result€49k-€108k▲ 121%€150k▲ 38.4%€113k▼ 24.8%€-11k
Net result€28k-€71k▲ 156%€100k▲ 41.3%€76k▼ 24.4%€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €113k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €758k
Fixed assets
€736k▼ 0.4%
Current assets
€22k▼ 82.2%
Equity and liabilities €758k
Equity
€431k▼ 4.1%
Debt
€327k▼ 20.5%
The debt ratio falls from 47.8% to 43.2%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
56.8%▲
2024 · 52.2%
ROE
-4.3%▼
2024 · 16.8%
ROA
-2.4%▼
2024 · 8.8%
Debt
€327k▼
2024 · €412k
Debt ≤ 1 year
€49k▼
2024 · €82k
Debt > 1 year
€276k▼
2024 · €324k
Income taxes
€56▼
2024 · €29k
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€861k€758k▼
Fixed assets21/28€739k€736k▼
Tangible fixed assets22/27€739k€736k▼
Land and buildings22€696k€666k▼
Furniture and vehicles24€43k€70k▲
Current assets29/58€122k€22k▼
Amounts receivable within one year40/41€0€9k▲
Trade receivables40€0-
Other amounts receivable41-€9k
Cash at bank and in hand54/58€120k€10k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€861k€758k▼
Equity10/15€449k€431k▼
Contributions10/11€30k€30k=
Reserves13€277k€277k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€274k€274k=
Profit (loss) carried forward14€142k€124k▼
Amounts payable17/49€412k€327k▼
Amounts payable after more than one year17€324k€276k▼
Financial debts170/4€324k€276k▼
Amounts payable within one year42/48€82k€49k▼
Current portion of amounts payable after more than one year42€47k€48k▲
Trade debts44€2k€293▼
Suppliers440/4€2k€293▼
Taxes, remuneration and social security45€26k€0▼
Taxes450/3€26k€0▼
Other amounts payable47/48€6k€0▼
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€44k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€151k€37k▼
Operating profit (loss)9901€113k€-11k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€104k€-18k▼
Income taxes67/77€29k€56▼
Profit (loss) for the period9904€76k€-18k▼
Profit (loss) for the period to be appropriated9905€76k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€218k€124k▼
Profit (loss) brought forward from the previous period14P€142k€142k=
Transfer to equity691/2€76k€0▼
To other reserves6921€76k€0▼
The notes to these accounts (6 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
03-09
State Gazette act
General meeting · Approval
Dissolution · Director resignation
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-18k ▼124%
Net result drops to €-18k, the lowest in the series.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €100k ▲41.3%
Operating result €150k, net result €100k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 1.26
Current ratio from 0.47 to 1.26; short-term debt falls from €110k to €97k.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €200kEq €203k ▲15.8%
4 profitable years in a row build equity to €203k.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €175k ▲21.9%
3 profitable years in a row build equity to €175k.
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €144k ▲69.5%
2 profitable years in a row build equity to €144k.
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Steenokkerzeel · 1 establishment unit since 2013
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.
Wambeekstraat 671820 SteenokkerzeelGround area
2,612 m²
Building footprint
199 m²
Parcel 23081A0319/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kapasa
since 20132.224.800.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081A0319/00E000 | Flanders | 2,612 m² | 1 · 199 m² | - |
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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VINKENHOEK
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LUMERON
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,672 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2013
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.