VULPIS
InactiveOverview
- Equity
- €59.9m
- Loss
- -€46,188
- Parent
- CAPAX BV
- Holdings
- 1
Signalsraises riskAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 6 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
- Annual accounts filedfinancial year 2025 · abbreviated…
- BRIS foreign-ID updateKBO administration
- Restructuring · End & cessationResignation: TSS BELGIUM (director) ·…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €21,648 in 2025 against €11,576 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | €56.7m | €449 | €0.001m | €0.001m | €0.001m | €474 | ▼ 56.4% |
| Gross operating margin9900 | -€0.08m | -€0.05m | -€0.02m | -€0.01m | -€0.01m | -€0.02m | ▼ 102% |
| Operating profit (loss)9901 | -€56.7m | -€0.05m | -€0.02m | -€0.01m | -€0.01m | -€0.02m | ▼ 87.0% |
| Financial income75/76B | €115.6m | €99 | €0 | - | - | - | - |
| Recurring financial income75 | €115.6m | €99 | €0 | - | - | - | - |
| Financial charges65/66B | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.02m | ▼ 50.0% |
| Recurring financial charges65 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.02m | ▼ 50.0% |
| Profit (loss) for the period before taxes9903 | €58.9m | -€0.1m | -€0.07m | -€0.06m | -€0.06m | -€0.05m | ▲ 23.9% |
| Profit (loss) for the period9904 | €58.9m | -€0.1m | -€0.07m | -€0.06m | -€0.06m | -€0.05m | ▲ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €58.9m | -€0.1m | -€0.07m | -€0.06m | -€0.06m | -€0.05m | ▲ 23.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | = |
| Fixed assets21/28 | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | = |
| Financial fixed assets28 | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | = |
| Current assets29/58 | €0.02m | €0.008m | €0.002m | €0.02m | €0.01m | €0.003m | ▼ 65.8% |
| Cash at bank and in hand54/58 | €0.02m | €0.008m | €0.002m | €0.02m | €0.01m | €0.003m | ▼ 65.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | €115.6m | = |
| Equity10/15 | €60.3m | €60.2m | €60.1m | €60.0m | €60.0m | €59.9m | ▼ 0.1% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | - | €58.8m | €58.7m | €58.6m | €58.6m | €58.5m | ▼ 0.1% |
| Distributable reserves133 | - | €58.8m | €58.7m | €58.6m | €58.6m | €58.5m | ▼ 0.1% |
| Profit (loss) carried forward14 | €58.9m | €0.001m | €0 | - | - | - | - |
| Amounts payable17/49 | €55.3m | €55.4m | €55.5m | €55.6m | €55.6m | €55.7m | ▲ 0.1% |
| Amounts payable after more than one year17 | €54.8m | €54.8m | €54.8m | €54.9m | €54.9m | €54.9m | = |
| Financial debts170/4 | €54.8m | €54.8m | €54.8m | €54.9m | €54.9m | €54.9m | = |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | ▲ 5.1% |
| Trade debts44 | €0.01m | €0.009m | €0.002m | €0.001m | €0.001m | €0.02m | ▲ 19× |
| Suppliers440/4 | €0.01m | €0.009m | €0.002m | €0.001m | €0.001m | €0.02m | ▲ 19× |
| Other amounts payable47/48 | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | ▲ 3.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58.9m | -€0.1m | -€0.07m | -€0.06m | -€0.06m | -€0.05m | ▲ 23.9% |
| Operating cash flow (approximation) | €58.9m | -€0.1m | -€0.07m | -€0.06m | -€0.06m | -€0.05m | ▲ 23.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0.01m | -€0.007m | €0.02m | -€0.01m | -€0.007m | ▲ 43.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 16-12-2025 | 2025-00582394 |
| 31-12-2024 | abbreviated format | 03-06-2025 | 2025-00115940 |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00260811 |
| 31-12-2022 | abbreviated format | 23-08-2023 | 2023-00359130 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20387203 |
| 31-12-2020 | abbreviated format | 02-09-2021 | 2021-64800259 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TSS Belgium |
|
Owners and capital
Owners
1 ownerChain of control
- CAPAX BVNL
- VULPIS
Highest known parent: CAPAX BV (Netherlands). The sources do not say who stands above it.
Owners 1
- CAPAX BVNLconsolidating parentconsolidates
According to the annual accounts to 30-06-2025 of VULPIS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- CAPAX B.V. all shares
- één persoon all shares
- Capax B.V. all shares · 100%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the annual accounts to 30-06-2025 of VULPIS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 3 of 8 Gazette acts processed.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
05-11
Gazette deed
Restructuring · End & cessationResignation: TSS BELGIUM (director) · Permanent representative: WESTEN Didier · Merger9 facts ▸
- General meeting, 14-10-2025
- Merger, “met grensoverschrijdende fusie gelijkgestelde verrichting door overneming (geruisloze fusie), artikel 12:7, 1° juncto artikelen 12:106 t.e.m. 12:119 van het Wet…” (deed in Dutch)
- Shareholding, CAPAX B.V.
- Accounting effect, 01-07-2025
- Other provision, “aandelen en aandelenregister, Vermits de Verkrijgende Vennootschap houdster is van alle aandelen van de Verdwijnende Vennootschap” (deed in Dutch)
- Other provision, “bijzondere rechten, artikel 12:111, lid 1, 7° WVV en artikel 2:312 lid 2 sub c juncto artikel 2:320 BW” (deed in Dutch)
- Other provision, “bijzonder voordeel bestuursorganen, bestuursorganen van de Fuserende Vennootschappen” (deed in Dutch)
- Director resignation, TSS BELGIUM (director)
- Permanent representative, WESTEN Didier
29-08
Gazette deed
Capital & sharesShareholding2 facts ▸
- Board meeting, 18-07-2025
- Shareholding, 24-06-2025, 24-06-2025
09-07
Gazette deed
RestructuringMerger · Shareholding · Accounting effect32 facts ▸
- Merger, 25-06-2025
- Shareholding, “moment van deponeren Fusievoorstel, vermogen” (deed in Dutch)
- Other provision, “aandelenkapitaal en rechten” (deed in Dutch)
- Other provision, “raad van commissarissen” (deed in Dutch)
- Other provision, “Nederlandse rechtsgrondslag, Nederlands Burgerlijk Wetboek” (deed in Dutch)
- Other provision, “Titel 6 van boek 12 WVV, Belgische rechtsgrondslag” (deed in Dutch)
- Other provision, “vereenvoudigde procedure, Verkrijgende houdt alle aandelen op datum Fusievoorstel” (deed in Dutch)
- Other provision, “werknemers en medezeggenschap” (deed in Dutch)
- Other provision, “ontbinding en insolventie” (deed in Dutch)
- Accounting effect, 01-07-2025 (2 times)
- Other provision, “goedkeuring Grensoverschrijdende Fusie, artikel 12:112 juncto 12:116,§1 WVV” (deed in Dutch)
- Other provision, “bestaande activiteiten versterken en investeren binnen Nederlandse groep, kosten en complianceverplichtingen” (deed in Dutch)
- +20 further facts in this act
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 25 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.
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke…” (deed in Dutch)deed of 09-07-2025
9 activities (deed in Dutch)
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen, het optreden als vereffenaar:
- Het verlenen van technische, administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand;
- Zowel in België als in het buitenland, onder eender welke vorm, participaties te verwerven en aan te houden;
- Haar patrimonium, bestaande uit onroerende goederen of rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden; het aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren of in huur nemen van onroerende goederen, al dan niet gemeubeld;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals alle soorten grondstoffen en materiële beleggingsproducten, evenals het voor eigen rekening verwerven door inschrijving of aankoop en het beheren en verkopen van aandelen, obligaties, kasbons of andere roerende waarden en effecten, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen, met uitsluiting evenwel van handelingen die zijn voorbehouden aan vennootschappen voor vermogensbeheer en beleggingsadvies.
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen - desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden - zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware;
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke;
- Het administratief opvolgen en beheer van bestanden en archieven;
- Het begeleiden van kleine, middelgrote en grote ondernemingen in de meest ruime zin;
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Doorhaling in rechtspersonenregister, niet eerder plaatsvinden dan na ontvangst van de notificatie door het buitenlands register dat de…” (deed in Dutch)deed of 05-11-2025
Read from the deeds: 2 provisions, deed of 05-11-2025