Financials
Financial year 2025
CAPPAL from La Louvière, company number BE0455082725, closed financial year 2025 with a result of € 254,607 after tax. For that financial year CAPPAL recorded a gross margin of € 4.2 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 38,096 to € 254,607. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 1.4 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 254,607
▲ € 216,512 vs 2024
Profit after tax over the fiscal year.
€ 412,543
▲ € 351,057 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 € 1.3 million.
People and assets in 2025
55
▲ 17.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 57% vs 2024
€ 62,600 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.
€ 941,793
▲ 180% 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.
€ 1.3 million
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 408,763
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,786,988 | € 4,664,307 | - | - | |
| Gross margin | € 1,567,558 | € 1,930,221 | € 2,559,448 | € 4,236,421 | ▲ 66% |
| Profit after taxes | € 72,694 | € 275,812 | € 38,096 | € 254,607 | ▲ € 216,512 |
| Equity | € 840,742 | € 1,116,554 | € 1,154,650 | € 1,409,257 | ▲ 22% |
| Total debts | € 1,107,919 | € 1,116,713 | € 3,238,925 | € 3,856,526 | ▲ 19% |
| Cash | € 164,880 | € 275,792 | € 61,486 | € 412,543 | ▲ € 351,057 |
| Retained profit | € 716,795 | € 992,607 | € 1,030,703 | € 1,285,310 | ▲ 25% |
| Dividend | € 66,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 604,502 | € 200,000 | € 0 | € 0 | |
| Balance sheet total | € 1,948,660 | € 2,233,267 | € 4,427,003 | € 5,306,288 | ▲ 20% |
| Employees (FTE) | 28.2 | 29.5 | 37.7 | 55 | ▲ 17.3 |
Key figures of CAPPAL, 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 CAPPAL?
What happened at CAPPAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Indel Invest SRL stepped down as director. NBB
- Bouw Georges Tanghe SA stepped down as director. NBB
- Ibeco SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 254,607 (▲ € 216,512 vs 2024). Source: NBB ↗
- Indel Invest SRL became a director. NBB
- Bouw Georges Tanghe SA became a director. NBB
- Ibeco SRL became a director. NBB
- New establishment in Morlanwelz. KBO
In short
From € 72,694 profit in 2022 to € 254,607 profit in 2025.
Paid € 236,813 in corporate taxes since 2022.
Best year ever: 2023, with € 275,812 profit.
On average € 77,000 of value added per employee in 2025.
Management
The stake of JACOPS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAPPALThe shares are held by JACOPS (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Stephanie VALCKE
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, BLS, PROGEST IMMO, JAGERSHOF, LETSGO CITY, Infrasoft +19 more
since 2023 · until 2029
Director · represented by Rita TANGHE
Also active at: JACOPS, JACOPS SUD, PROGEST IMMO, JAGERSHOF, Civitas Projects, Civitas, Terram Sud, STIV +2 more
since 2023 · until 2029
Managing director · represented by Ivan BOSSUYT
Also active at: JACOPS, JACOPS SUD, BLS, PROGEST IMMO, LETSGO CITY, Infrasoft, Inforius Consulting Group, Terram Sud +9 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Jean-Baptiste Vifquain(S-B) 16
7110 La Louvière
Rue de Cronfestu(MLZ) 57
7140 Morlanwelz
Active since 19 May 1995
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
- 0455.082.725
- VAT number
- BE 0455.082.725
- Registered office
- Rue Jean-Baptiste Vifquain(S-B) 16, 7110 La Louvière
- Names & denominations
- CAPPAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Algemene elektrotechnische installatiewerken
Elektrische installatie
Bouw van autowegen en andere wegen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten