KAPTAN GROUP
InactiveKAPTAN GROUP was declared bankrupt on 16-06-2026 (Ondernemingsrechtbank Brussel); the bankruptcy declaration was reversed by judgment of 31-07-2026, published in the Belgian State Gazette on 13-08-2026.
No longer registered with the KBO since 31-07-2026; last annual accounts for fiscal year 2024.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
26 d early
2022
178 d late
2021
23 d late
2020
76 d late
2019
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€112k▲ 1.8%
2023 · €110k
2018: €194k
2019: €290k
2020: €263k
2021: €142k
2022: €95k
2023: €110k
2018 → 2024
EBIT margin
3.3%▲ 6.4pp
2023 · -3.1%
2018: 4.0%
2019: 2.7%
2020: -0.8%
2021: 8.2%
2022: 12.0%
2023: -3.1%
2018 → 2024
Net result
€-5k▲ 45.2%
2023 · €-9k
2018: €3k
2019: €4k
2020: €-5k
2021: €7k
2022: €2k
2023: €-9k
2018 → 2024
Working capital
€19k▼ 34.2%
2023 · €29k
2018: €5k
2019: €24k
2020: €14k
2021: €23k
2022: €34k
2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€263k-€142k▼ 46.0%€95k▼ 33.0%€110k▲ 15.9%€112k▲ 1.8%
Equity€29k-€37k▲ 25.4%€39k▲ 5.9%€30k▼ 23.3%€25k▼ 16.6%
Operating result€-2k-€12k€11k▼ 1.5%€-3k€4k
Net result€-5k-€7k€2k▼ 70.8%€-9k€-5k▲ 45.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96k
Fixed assets
€58k▲ 94.5%
Current assets
€38k▼ 29.8%
Equity and liabilities €96k
Equity
€25k▼ 16.6%
Debt
€71k▲ 31.7%
The debt ratio rises from 64.3% to 74.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€12k▲
2023 · €-963
Cash flow
€3k▲
2023 · €-7k
Solvency
26.0%▼
2023 · 35.7%
Current ratio
2.02▼
2023 · 2.17
Quick ratio
2.02▼
2023 · 2.17
Debt / equity
2.84▲
2023 · 1.80
ROE
-19.9%▲
2023 · -30.3%
ROA
-5.2%▲
2023 · -10.8%
Interest coverage
2.60▲
2023 · -0.78
Debt
€71k▲
2023 · €54k
Debt ≤ 1 year
€19k▼
2023 · €25k
Debt > 1 year
€52k▲
2023 · €29k
Income taxes
€1k▼
2023 · €2k
Staff costs
€7k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€84k€96k▲
Fixed assets21/28€30k€58k▲
Tangible fixed assets22/27€839€29k▲
Furniture and vehicles24€839€29k▲
Financial fixed assets28€29k€29k=
Current assets29/58€54k€38k▼
Amounts receivable within one year40/41€54k€38k▼
Trade receivables40€53k€35k▼
Other amounts receivable41€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€84k€96k▲
Equity10/15€30k€25k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€5k▼
Amounts payable17/49€54k€71k▲
Amounts payable after more than one year17€29k€52k▲
Financial debts170/4-€23k
Other amounts payable178/9€29k€29k=
Amounts payable within one year42/48€25k€19k▼
Current portion of amounts payable after more than one year42-€6k
Financial debts43€3k€1k▼
Credit institutions430/8€3k€1k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€1k€8k▲
Remuneration and social security454/9€7k€635▼
Other amounts payable47/48€2k-
Income statement
Code20232024
Turnover70€110k€112k▲
Goods, raw materials, services and sundry goods60/61€106k€82k▼
Remuneration, social security and pensions62€3k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€2k€12k▲
Gross operating margin9900€4k€30k▲
Operating profit (loss)9901€-3k€4k▲
Financial income75/76B€785€2▼
Recurring financial income75€785€2▼
Non-recurring financial income76B€785-
Financial charges65/66B€4k€7k▲
Recurring financial charges65€1k€4k▲
Non-recurring financial charges66B€3k€3k▼
Profit (loss) for the period before taxes9903€-7k€-4k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-9k€-5k▲
Profit (loss) for the period to be appropriated9905€-9k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€5k▼
Profit (loss) brought forward from the previous period14P€19k€10k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-08
State Gazette act
Registered office · End & cessationGeneral meeting · Judicial annulment · Director reappointment5 facts ▸
State Gazette act
Registered office · End & cessation
General meeting · Judicial annulment · Director reappointment5 facts ▸
- General meeting, 06/08/2026
- Judicial annulment, faillissement vernietigd/ingetrokken op 31 juli 2026
- Director reappointment, OZCAN MESUT (bestuurder)
- Statutes amendment
- Power of attorney, OZCAN MESUT
13-08
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · KAPTAN GROUP BV NEGENDE LINIELAAN 35, 1000 BRUSSEL · event 31-07-2026
22-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · KAPTAN GROUP BV NEGENDE LINIELAAN 35, 1000 BRUSSEL · event 16-06-2026
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 178 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼517%
Net result drops to €-9k, the lowest in the series.
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 48 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 44 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
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.
Negende Linielaan 351000 BrusselGround area
1,013 m²
Building footprint
874 m²
Volume, LiDAR
19,784 m³
Parcel 21812N1454/00X004, Brussels · tallest building 25.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
KAPTAN GROUP
since 20162.256.970.363
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00X004 | Brussels | 1,013 m² | 1 · 874 m² | 24.9 m · 8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
16-06-2026 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
Van Dam Logistics
BE 1002.537.065
Antwerpen · Eq €25k
DHDK Trans
BE 0718.838.888
Kontich · Eq €25k
TRAFIC
BE 0466.118.553
Leuze-en-Hainaut · Eq €25k
BAS B.M.T.
BE 0716.799.118
Vilvoorde · Eq €25k
RENE.BE
BE 0477.948.890
Alken · Eq €25k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,174 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2016
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.