What does CAPPELLE do?

CAPPELLE is a wholesaler in Tielt-Winge. Public Limited, started on 2 March 1988, 1 establishment.

What is the address of CAPPELLE?

The registered office of CAPPELLE is located at Kapellekensweg 9, 3391 Tielt-Winge.

Is CAPPELLE still active?

Yes. According to the CBE (29 October 2026) CAPPELLE is active, legal situation “Normale toestand”, started on 2 March 1988.

Is CAPPELLE registered on Peppol?

Yes, CAPPELLE is registered on the Peppol network with ID 0208:0433536253.

What is the enterprise number of CAPPELLE?

The enterprise number of CAPPELLE is BE0433536253.

When was CAPPELLE founded?

CAPPELLE was founded on 2 March 1988.

Who are the directors of CAPPELLE?

According to the 2025 annual accounts, the directors of CAPPELLE are: Manu Projects, Urqus BV, Mahieu Invest BV.

Is CAPPELLE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 March 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did CAPPELLE make in 2025?

CAPPELLE posted a profit after taxes of € 1,415,447 in financial year 2025.

What is the revenue of CAPPELLE?

In its most recent annual accounts (2025), CAPPELLE reported revenue of € 16,274,894.

How much does an employee at CAPPELLE earn?

The average wage cost per full-time employee at CAPPELLE was € 116,000 in 2025: staff costs of € 1.3 million for 11.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CAPPELLE have?

According to the 2025 annual accounts, CAPPELLE has 11.5 full-time equivalents (FTE).

CAPPELLE (Public Limited) - Tielt-Winge - BE0433536253

Dossier CAPPELLE, printed on 29 October 2026 from databakkes.be/en/0433536253/cappelle. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CAPPELLE from Tielt-Winge, company number BE0433536253, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year CAPPELLE recorded revenue of € 16.3 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.4 million. The company is profitable. 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 May 28, 2026.

What it is worth Growing

€ 5.7 million

▲ 8% vs 2024

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

Profit Healthy

€ 1.4 million

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.6 million

▲ 12% vs 2024

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

Where the profit goes Pays out

€ 970,000 paid out

69 % of the profit went to the shareholders, mostly to Consivia NV (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

11.5

▼ 0.3 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: € 1.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.3 million

▲ 28% vs 2024

€ 116,000 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

€ 169,642

▲ 128% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 1.1 million

▲ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.

Taxes and wages

€ 450,206

▲ 123% 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	-	€ 12,712,679 Revenue 2023: € 12,712,679 First fiscal year in the series	€ 16,367,562 Revenue 2024: € 16,367,562 ▲ 29% vs 2023 (€ 12,712,679) Favourable step	€ 16,274,894 Revenue 2025: € 16,274,894 ▼ 1% vs 2024 (€ 16,367,562) Unfavourable step	▼ 1%
Gross margin	€ 2,829,240 Gross margin 2022: € 2,829,240 First fiscal year in the series	-	-	-
Profit after taxes	€ 1,221,455 Profit after taxes 2022: € 1,221,455 First fiscal year in the series	€ 1,505,620 Profit after taxes 2023: € 1,505,620 ▲ 23% vs 2022 (€ 1,221,455) Favourable step	€ 1,424,958 Profit after taxes 2024: € 1,424,958 ▼ 5% vs 2023 (€ 1,505,620) Unfavourable step	€ 1,415,447 Profit after taxes 2025: € 1,415,447 ▼ 1% vs 2024 (€ 1,424,958) Unfavourable step	▼ 1%
Equity	€ 4,707,571 Equity 2022: € 4,707,571 First fiscal year in the series	€ 5,413,191 Equity 2023: € 5,413,191 ▲ 15% vs 2022 (€ 4,707,571) Favourable step	€ 5,278,148 Equity 2024: € 5,278,148 ▼ 2% vs 2023 (€ 5,413,191) Unfavourable step	€ 5,723,595 Equity 2025: € 5,723,595 ▲ 8% vs 2024 (€ 5,278,148) Favourable step	▲ 8%
Total debts	€ 814,799 Total debts 2022: € 814,799 First fiscal year in the series	€ 615,993 Total debts 2023: € 615,993 ▼ 24% vs 2022 (€ 814,799) Favourable step	€ 1,256,054 Total debts 2024: € 1,256,054 ▲ 104% vs 2023 (€ 615,993) Unfavourable step	€ 1,512,267 Total debts 2025: € 1,512,267 ▲ 20% vs 2024 (€ 1,256,054) Unfavourable step	▲ 20%
Cash	€ 1,390,437 Cash 2022: € 1,390,437 First fiscal year in the series	€ 1,982,804 Cash 2023: € 1,982,804 ▲ 43% vs 2022 (€ 1,390,437) Favourable step	€ 2,279,133 Cash 2024: € 2,279,133 ▲ 15% vs 2023 (€ 1,982,804) Favourable step	€ 2,562,542 Cash 2025: € 2,562,542 ▲ 12% vs 2024 (€ 2,279,133) Favourable step	▲ 12%
Retained profit	€ 4,509,256 Retained profit 2022: € 4,509,256 First fiscal year in the series	€ 5,214,876 Retained profit 2023: € 5,214,876 ▲ 16% vs 2022 (€ 4,509,256) Favourable step	€ 5,079,834 Retained profit 2024: € 5,079,834 ▼ 3% vs 2023 (€ 5,214,876) Unfavourable step	€ 5,525,280 Retained profit 2025: € 5,525,280 ▲ 9% vs 2024 (€ 5,079,834) Favourable step	▲ 9%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 800,000 Dividend 2023: € 800,000 Unchanged (€ 0) Unchanged	€ 1,560,000 Dividend 2024: € 1,560,000 ▲ 95% vs 2023 (€ 800,000) Unchanged	€ 970,000 Dividend 2025: € 970,000 ▼ 38% vs 2024 (€ 1,560,000) Unchanged	▼ 38%
Bank debt	€ 74,612 Bank debt 2022: € 74,612 First fiscal year in the series	€ 34,101 Bank debt 2023: € 34,101 ▼ 54% vs 2022 (€ 74,612) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 34,101) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 5,522,370 Balance sheet total 2022: € 5,522,370 First fiscal year in the series	€ 6,029,184 Balance sheet total 2023: € 6,029,184 ▲ 9% vs 2022 (€ 5,522,370) Unchanged	€ 6,534,202 Balance sheet total 2024: € 6,534,202 ▲ 8% vs 2023 (€ 6,029,184) Unchanged	€ 7,235,862 Balance sheet total 2025: € 7,235,862 ▲ 11% vs 2024 (€ 6,534,202) Unchanged	▲ 11%
Employees (FTE)	14.5 Employees (FTE) 2022: 14.5 First fiscal year in the series	12.6 Employees (FTE) 2023: 12.6 ▼ 1.9 vs 2022 (14.5) Unchanged	11.8 Employees (FTE) 2024: 11.8 ▼ 0.8 vs 2023 (12.6) Unchanged	11.5 Employees (FTE) 2025: 11.5 ▼ 0.3 vs 2024 (11.8) Unchanged	▼ 0.3

Key figures of CAPPELLE, 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 CAPPELLE?

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

2029 Manu Projects stepped down as director. NBB
2029 Urqus BV stepped down as director. NBB
2029 Mahieu Invest BV stepped down as director. NBB
May 28, 2026 New annual accounts for financial year 2025: profit of € 1.4 million (▼ 1% vs 2024). Source: NBB ↗
2026 Mahieu Invest BV became a director. NBB
2023 Manu Projects became a director. NBB
2023 Urqus BV became a director. NBB
Mar 16, 1988 New establishment in Tielt-Winge. KBO

In short

From € 1.2 million profit in 2022 to € 1.4 million profit in 2025.

Paid € 2 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.5 million profit.

On average € 195,100 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Consivia NV 100%

CAPPELLE

Phytosystem 10%

The shares are held by Consivia NV (100%). It owns 10% of Phytosystem itself.

Directors

According to the 2025 annual accounts

Manu Projects

Director · represented by Emanuel De Meuleneire

Also active at: DEVA - FYTO, PHYTOSYSTEM, Consivia, FYTO SERVICE DMT, Rois des Cultures

since 2023 · until 2029

Urqus BV

Director · represented by Steve Vandenberghe

Also active at: DEVA - FYTO, PHYTOSYSTEM, Consivia

since 2023 · until 2029

Mahieu Invest BV

Director · represented by Laurent Mahieu

Also active at: Eurofyto, Phyto Mahieu, Consivia, DEMAGRI

since 2026 · until 2029

Shareholders

Consivia NV

100%

Participations

Phytosystem

10%

Establishments

Establishment units

Physical locations of this company

Registered office

Kapellekensweg 9

3391 Tielt-Winge

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 →

Consivia same network

€ 99,133 gross margin · 2025

STATA

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

Details

Company number

0433.536.253

VAT number

BE 0433.536.253

Registered office

Kapellekensweg 9, 3391 Tielt-Winge

Names & denominations

CAPPELLE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 March 1988

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Groothandel in chemische producten voor industrieel gebruik

Groothandel in chemische producten

Groothandel in granen, zaden en diervoeders

Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

CAPPELLE

Financials

What happened to CAPPELLE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions