Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cap Horizon from Elsene, company number BE0400654837, closed financial year 2025 with a result of € 14,325 after tax. For that financial year Cap Horizon recorded a gross margin of € 24,996 and equity of € -91,217. Compared with financial year 2024, the result moved from € 23,011 to € 14,325. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -91,217
▲ € 14,325 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,325
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 413
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -145,754.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 51,144
▲ 296% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,023
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 311
▲ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,144 | € -5,697 | € 33,941 | € 24,996 | ▼ 26% |
| Profit after taxes | € -13,251 | € -24,977 | € 23,011 | € 14,325 | ▼ 38% |
| Equity | € -103,576 | € -128,553 | € -105,543 | € -91,217 | ▲ € 14,325 |
| Total debts | € 142,790 | € 148,957 | € 136,853 | € 143,728 | ▲ 5% |
| Cash | € 610 | € 161 | € 10,969 | € 413 | ▼ 96% |
| Retained profit | € -158,113 | € -183,090 | € -160,079 | € -145,754 | ▲ € 14,325 |
| Balance sheet total | € 39,213 | € 20,404 | € 31,310 | € 52,510 | ▲ 68% |
Key figures of Cap Horizon, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cap Horizon?
What happened at Cap Horizon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,325 (▼ 38% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 13,251 loss in 2022 to € 14,325 profit in 2025.
Paid € 291 in corporate taxes since 2022.
Best year ever: 2024, with € 23,011 profit.
Management
Behind Cap Horizon is EDGARD SOHIE.
Directors
According to the 2025 annual accounts
EDGARD SOHIE
Director
Establishments
Establishment units
Physical locations of this company
Woudlaan 2
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.654.837
- VAT number
- BE 0400.654.837
- Registered office
- Woudlaan 2, 1050 Elsene
- Names & denominations
- Cap Horizon
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 1961
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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