Capaul is a metalworking company in Eupen. Public Limited, started on 1 June 1973, 1 establishment.

What is the address of Capaul?

The registered office of Capaul is located at Industriestrasse 39, 4700 Eupen.

Is Capaul still active?

Yes. According to the CBE (29 October 2026) Capaul is active, legal situation “Normale toestand”, started on 1 June 1973.

Is Capaul registered on Peppol?

Yes, Capaul is registered on the Peppol network with ID 0208:0413664814.

What is the enterprise number of Capaul?

The enterprise number of Capaul is BE0413664814.

When was Capaul founded?

Capaul was founded on 1 June 1973.

Who are the directors of Capaul?

According to the 2025 annual accounts, the directors of Capaul are: Bellerive & Co Management GmbH, Henkes&Co AG, Hentom GmbH, Dr. Christian Wenzel, F. Fank & Co GmbH.

Is Capaul a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 June 1973; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Capaul make in 2025?

Capaul posted a profit after taxes of € 1,870,987 in financial year 2025.

What is the revenue of Capaul?

In its most recent annual accounts (2025), Capaul reported revenue of € 18,135,188.

How much does an employee at Capaul earn?

The average wage cost per full-time employee at Capaul was € 62,800 in 2025: staff costs of € 6 million for 94.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Capaul have?

According to the 2025 annual accounts, Capaul has 94.9 full-time equivalents (FTE).

Does Capaul have a website?

Yes, Capaul has a website at capaul.be.

Capaul (Public Limited) - Eupen - BE0413664814

Dossier Capaul, printed on 29 October 2026 from databakkes.be/en/0413664814/capaul. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Capaul from Eupen, company number BE0413664814, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year Capaul recorded revenue of € 18.1 million and equity of € 9.8 million. Compared with financial year 2024, the result moved from € 996,277 to € 1.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2026.

What it is worth Growing

€ 9.8 million

▲ 36% vs 2024

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

Profit Growing

€ 1.9 million

▲ 88% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 720,360

▼ 53% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.2 million.

People and assets in 2025

Full-time equivalents

94.9

▲ 11.9 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6 million

▲ 21% vs 2024

€ 62,800 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

€ 806,298

▲ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.8 million

▲ 8% vs 2024

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.3 million

▼ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.

Taxes and wages

€ 1.3 million

▲ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 9,900,714 Revenue 2022: € 9,900,714 First fiscal year in the series	€ 11,321,335 Revenue 2023: € 11,321,335 ▲ 14% vs 2022 (€ 9,900,714) Favourable step	€ 14,681,898 Revenue 2024: € 14,681,898 ▲ 30% vs 2023 (€ 11,321,335) Favourable step	€ 18,135,188 Revenue 2025: € 18,135,188 ▲ 24% vs 2024 (€ 14,681,898) Favourable step	▲ 24%
Profit after taxes	€ 94,325 Profit after taxes 2022: € 94,325 First fiscal year in the series	€ 842,272 Profit after taxes 2023: € 842,272 ▲ € 747,947 vs 2022 (€ 94,325) Favourable step	€ 996,277 Profit after taxes 2024: € 996,277 ▲ 18% vs 2023 (€ 842,272) Favourable step	€ 1,870,987 Profit after taxes 2025: € 1,870,987 ▲ 88% vs 2024 (€ 996,277) Favourable step	▲ 88%
Equity	€ 5,562,521 Equity 2022: € 5,562,521 First fiscal year in the series	€ 6,317,243 Equity 2023: € 6,317,243 ▲ 14% vs 2022 (€ 5,562,521) Favourable step	€ 7,226,936 Equity 2024: € 7,226,936 ▲ 14% vs 2023 (€ 6,317,243) Favourable step	€ 9,809,588 Equity 2025: € 9,809,588 ▲ 36% vs 2024 (€ 7,226,936) Favourable step	▲ 36%
Total debts	€ 6,425,267 Total debts 2022: € 6,425,267 First fiscal year in the series	€ 8,028,089 Total debts 2023: € 8,028,089 ▲ 25% vs 2022 (€ 6,425,267) Unfavourable step	€ 9,147,722 Total debts 2024: € 9,147,722 ▲ 14% vs 2023 (€ 8,028,089) Unfavourable step	€ 8,369,502 Total debts 2025: € 8,369,502 ▼ 9% vs 2024 (€ 9,147,722) Favourable step	▼ 9%
Cash	€ 2,220,763 Cash 2022: € 2,220,763 First fiscal year in the series	€ 617,880 Cash 2023: € 617,880 ▼ 72% vs 2022 (€ 2,220,763) Unfavourable step	€ 1,529,333 Cash 2024: € 1,529,333 ▲ 148% vs 2023 (€ 617,880) Favourable step	€ 720,360 Cash 2025: € 720,360 ▼ 53% vs 2024 (€ 1,529,333) Unfavourable step	▼ 53%
Land & buildings	€ 777,797 Land & buildings 2022: € 777,797 First fiscal year in the series	€ 728,305 Land & buildings 2023: € 728,305 ▼ 6% vs 2022 (€ 777,797) Unchanged	€ 695,042 Land & buildings 2024: € 695,042 ▼ 5% vs 2023 (€ 728,305) Unchanged	€ 645,572 Land & buildings 2025: € 645,572 ▼ 7% vs 2024 (€ 695,042) Unchanged	▼ 7%
Retained profit	€ 3,486,304 Retained profit 2022: € 3,486,304 First fiscal year in the series	€ 4,328,577 Retained profit 2023: € 4,328,577 ▲ 24% vs 2022 (€ 3,486,304) Favourable step	€ 5,324,853 Retained profit 2024: € 5,324,853 ▲ 23% vs 2023 (€ 4,328,577) Favourable step	€ 7,195,841 Retained profit 2025: € 7,195,841 ▲ 35% vs 2024 (€ 5,324,853) Favourable step	▲ 35%
Bank debt	€ 5,092,331 Bank debt 2022: € 5,092,331 First fiscal year in the series	€ 5,388,152 Bank debt 2023: € 5,388,152 ▲ 6% vs 2022 (€ 5,092,331) Unfavourable step	€ 5,360,569 Bank debt 2024: € 5,360,569 ▼ 1% vs 2023 (€ 5,388,152) Favourable step	€ 5,762,987 Bank debt 2025: € 5,762,987 ▲ 8% vs 2024 (€ 5,360,569) Unfavourable step	▲ 8%
Balance sheet total	€ 11,990,722 Balance sheet total 2022: € 11,990,722 First fiscal year in the series	€ 14,348,266 Balance sheet total 2023: € 14,348,266 ▲ 20% vs 2022 (€ 11,990,722) Unchanged	€ 16,377,592 Balance sheet total 2024: € 16,377,592 ▲ 14% vs 2023 (€ 14,348,266) Unchanged	€ 18,182,024 Balance sheet total 2025: € 18,182,024 ▲ 11% vs 2024 (€ 16,377,592) Unchanged	▲ 11%
Employees (FTE)	72.5 Employees (FTE) 2022: 72.5 First fiscal year in the series	72.3 Employees (FTE) 2023: 72.3 ▼ 0.2 vs 2022 (72.5) Unchanged	83 Employees (FTE) 2024: 83 ▲ 10.7 vs 2023 (72.3) Unchanged	94.9 Employees (FTE) 2025: 94.9 ▲ 11.9 vs 2024 (83) Unchanged	▲ 11.9

Key figures of Capaul, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Capaul?

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

2031 Hentom GmbH stepped down as director. NBB
2031 F. Fank & Co GmbH stepped down as director. NBB
2029 Bellerive & Co Management GmbH stepped down as director. NBB
2028 Dr. Christian Wenzel stepped down as director. NBB
2027 Henkes&Co AG stepped down as director. NBB
Jan 15, 2026 New annual accounts for financial year 2025: profit of € 1.9 million (▲ 88% vs 2024). Source: NBB ↗
2025 Hentom GmbH became a director. NBB
2025 F. Fank & Co GmbH became a director. NBB

In short

From € 94,325 profit in 2022 to € 1.9 million profit in 2025.

Paid € 792,813 in corporate taxes since 2022.

Best year ever: 2025, with € 1.9 million profit.

Pays suppliers within 50 days on average.

Original PDFs at the National Bank ↗

Management

HENKES & CO 99%

The stake of HENKES & CO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Capaul

The shares are held by HENKES & CO (99%).

Directors

According to the 2025 annual accounts

Bellerive & Co Management GmbH

Director · represented by Philippe Felten

Also active at: SCHREDER, INTRESSA VASCULAR, CISEO, CILYX GROUP, CILYX

since 2023 · until 2029

Henkes&Co AG

Chairman of the board · represented by Ludwig Henkes

Also active at: VEOWARE

since 2021 · until 2027

Hentom GmbH

Director · represented by Tom Henkes

Also active at: HENKES & CO

since 2025 · until 2031

Dr. Christian Wenzel

Director

since 2022 · until 2028

F. Fank & Co GmbH

Director · represented by Felix Fank

since 2025 · until 2031

Shareholders

HENKES & CO

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industriestrasse 39

4700 Eupen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

HENKES & CO same network

€ -325,866 gross margin · 2026

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

Website

HTTPS capaul.be

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Details

Company number

0413.664.814

VAT number

BE 0413.664.814

Registered office

Industriestrasse 39, 4700 Eupen

Names & denominations

Capaul

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 June 1973

Peppol

Active · Active since 1 Jan 2001

Contact

capaul.be

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Vervaardiging van gereedschap, muv vormkasten en gietvormen

Vervaardiging van gereedschap

Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen

View on CBE Public ↗ Annual accounts (NBB) ↗

Capaul

Financials

What happened to Capaul?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

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