Financials
Financial year 2025
CAP from Antwerpen, company number BE0458688056, closed financial year 2025 with a result of € 23.7 million after tax. For that financial year CAP recorded a gross margin of € 205,189 and equity of € 69 million. Compared with financial year 2024, the result moved from € 282,518 to € 23.7 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 April 2, 2026.
€ 69 million
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23.7 million
▲ € 23.4 million vs 2024
Profit after tax over the fiscal year.
€ 468,572
▲ 5% 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 € 68.9 million.
People and assets in 2025
1.7
Average over the fiscal year, from the social balance sheet.
€ 152,006
▲ 6% vs 2024
€ 89,400 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.
€ 120,339
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 106,495
▼ 93% vs 2024
Loans from banks and other lenders, long and short.
€ 11,480
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2.4 million
▲ € 2.3 million vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 220,122 | € 183,784 | € 194,594 | € 205,189 | ▲ 5% |
| Profit after taxes | € 2,350,939 | € 8,943,777 | € 282,518 | € 23,711,376 | ▲ € 23.4 million |
| Equity | € 36,022,941 | € 44,966,718 | € 45,249,236 | € 68,960,613 | ▲ 52% |
| Total debts | € 5,162,275 | € 6,189,952 | € 3,408,228 | € 4,158,289 | ▲ 22% |
| Cash | € 620,717 | € 109,026 | € 448,213 | € 468,572 | ▲ 5% |
| Retained profit | € 35,960,941 | € 44,904,718 | € 45,187,236 | € 68,898,613 | ▲ 52% |
| Bank debt | € 4,311,372 | € 3,401,495 | € 1,541,495 | € 106,495 | ▼ 93% |
| Balance sheet total | € 41,185,216 | € 51,156,671 | € 48,657,465 | € 73,118,902 | ▲ 50% |
| Employees (FTE) | 2.7 | 2 | 1.7 | 1.7 |
Key figures of CAP, 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 April 2027.
What happened to CAP?
What happened at CAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23.7 million (▲ € 23.4 million vs 2024). Source: NBB ↗
- Christiane Ivo stepped down as director. NBB
- Emiel Lathouwers stepped down as director. NBB
- Christiane Ivo became a director. NBB
- Emiel Lathouwers became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.4 million profit in 2022 to € 23.7 million profit in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 23.7 million profit.
On average € 120,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of New Build, 99.9% of Nieuwe Eigen Woning, 99.6% of Services Development Management and 99.4% of Krabbendijke itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Emiel Lathouwers
Managing director
Also active at: The Roastery, ATMOSPHERE, FREESPACE, NIEUWE EIGEN WONING, NEW BUILD, ADT PROJECT, ADT DEVELOPMENT, MORE THAN STONES +1 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
IJzerenwaag 12A
2000 Antwerpen
IJzerenwaag 12
2000 Antwerpen
Active since 21 October 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →The Roastery same network
€ 812,194 gross margin · 2025
KRABBENDIJKE same network
€ 3.1 million gross margin · 2025
SERVICES DEVELOPMENT MANAGEMENT same network
€ -109,796 gross margin · 2025
ATMOSPHERE same network
€ 99,398 gross margin · 2025
NIEUWE EIGEN WONING same network
€ 598,323 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.688.056
- VAT number
- BE 0458.688.056
- Registered office
- IJzerenwaag 12A, 2000 Antwerpen
- Names & denominations
- CAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 1996
- Peppol
- Active · Active since 11 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van holdings
Managementactiviteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings