Active · per the CBE, 29 October 2026

CAP 48

BE0406603610

Rechtspersoon Non-profit association 1 establishment

CAP 48 is filed with the CBE under the catch-all “Andere vormen van maatschappelijke dienstverlening zonder huisvesting”, a code that says little about what the company actually does. Non-profit, started on 10 June 1969, 1 establishment.

Auguste Reyerslaan 52, 1030 Schaarbeek

Active for

57 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 61 % of short-term debt in 2026; threshold 65 %.

  • Busy address KBO

    19 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2026

CAP 48 from Schaarbeek, company number BE0406603610, closed financial year 2026 with a result of € -28,576 after tax. Compared with financial year 2025, the result moved from € 50,088 to € -28,576. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.

What it is worth Healthy

€ 356,497

▼ 7% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -28,576

▼ still € 50,088 profit in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 11.1 million

▲ 159% vs 2025

Cash and bank balances on the last day of the fiscal year.

People and assets in 2026

Full-time equivalents

21.3

▲ 0.1 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▲ 5% vs 2025

€ 85,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,845

▲ € 3,247 vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 478,485

▲ € 366,321 vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.

Taxes and wages

€ 229,170

▲ 3% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Profit after taxes € -290,122 € -68,626 € 50,088 € -28,576 ▼ € 78,664
Equity € 403,611 € 334,985 € 385,073 € 356,497 ▼ 7%
Total debts € 18,758,970 € 18,052,842 € 19,301,919 € 21,315,315 ▲ 10%
Cash € 6,100,646 € 2,140,166 € 4,267,195 € 11,072,332 ▲ 159%
Retained profit € 403,611 € 334,985 € 385,073 € 356,497 ▼ 7%
Balance sheet total € 19,162,581 € 18,387,827 € 19,686,992 € 21,671,812 ▲ 10%
Employees (FTE) 18.4 20.1 21.2 21.3 ▲ 0.1

Key figures of CAP 48, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to CAP 48?

What happened at CAP 48 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Baptiste Erkes stepped down as director. NBB
  • Eric Willaye stepped down as director. NBB
  • Christine Gehenot stepped down as director. NBB
  • Benoit Parmentier stepped down as director. NBB
  • Jean-Philippe ROUSSEAU stepped down as director. NBB
  • Noémie Van Erps stepped down as director. NBB
  • New annual accounts for financial year 2026: loss of € 28,576 (▼ € 78,664 vs 2025). Source: NBB ↗
  • Vincent CRABBE stepped down as director. NBB

In short

From € 290,122 loss in 2023 to € 28,576 loss in 2026.

Paid € 378,739 in corporate taxes since 2023.

Best year ever: 2025, with € 50,088 profit.

Pays suppliers within 78 days on average.

Management

Directors

According to the 2026 annual accounts

Vincent CRABBE

Director

since 2023 · until 2026

Baptiste Erkes

Director

Also active at: REGIE MEDIA BELGE, Belgian Media Ventures, FINANCIERE REYERS

since 2025 · until 2028

Véronique VIERSET

Director

since 2023 · until 2026

John STOEFS

Director

since 2023 · until 2026

Bernard STAVAUX

Director

Also active at: JEUNES 2000

since 2023 · until 2026

Renaud TOCKERT

Managing director

Also active at: CHAMPS LIBRES

since 2023 · until 2026

Eric Willaye

Director

since 2025 · until 2028

Sandrine GRAULICH

Director

Also active at: Institut des Arts de Diffusion

since 2023 · until 2026

Magali FLAMAND

Director

since 2023 · until 2026

Christian VANDERCAM

Director, Trésorier

Also active at: IMMOHAIN

since 2023 · until 2026

Christine Gehenot

Director

since 2025 · until 2028

Benoit Parmentier

Director

Also active at: LOJEGA, Service Media - Animation, Domaine de Chastre

since 2025 · until 2028

Véronique GHESQUIERE

Director

since 2023 · until 2026

Jean-Philippe ROUSSEAU

Chairman of the board, Director

Also active at: REGIE MEDIA BELGE, WALLIMAGE, DREAMWALL

since 2025 · until 2028

Noémie Van Erps

Director

Also active at: SOFELIA

since 2025 · until 2028

Chris VANDERVINNE

Director

Also active at: Belgian Media Ventures

since 2023 · until 2026

Helmut HEINEN

Director

since 2023 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Auguste Reyerslaan 52

1030 Schaarbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0406.603.610
VAT number
BE 0406.603.610
Registered office
Auguste Reyerslaan 52, 1030 Schaarbeek
Names & denominations
CAP 48 · CAP48
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
10 June 1969
Peppol
Active · Active since 26 Mar 2026
Activities · NACE

Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg

Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.

Frequently asked questions

What does CAP 48 do?
CAP 48 is filed with the CBE under the catch-all “Andere vormen van maatschappelijke dienstverlening zonder huisvesting”, a code that says little about what the company actually does. Non-profit, started on 10 June 1969, 1 establishment.
What is the address of CAP 48?
The registered office of CAP 48 is located at Auguste Reyerslaan 52, 1030 Schaarbeek.
Is CAP 48 still active?
Yes. According to the CBE (29 October 2026) CAP 48 is active, legal situation “Normale toestand”, started on 10 June 1969.
Is CAP 48 registered on Peppol?
Yes, CAP 48 is registered on the Peppol network with ID 0208:0406603610.
What is the enterprise number of CAP 48?
The enterprise number of CAP 48 is BE0406603610.
When was CAP 48 founded?
CAP 48 was founded on 10 June 1969.