What does Groep Caenen Capital Fund do?

Groep Caenen Capital Fund is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 2 April 2014, 1 establishment.

What is the address of Groep Caenen Capital Fund?

The registered office of Groep Caenen Capital Fund is located at Leopoldlaan 121, 8430 Middelkerke.

Is Groep Caenen Capital Fund still active?

Yes. According to the CBE (29 October 2026) Groep Caenen Capital Fund is active, legal situation “Normale toestand”, started on 2 April 2014.

Is Groep Caenen Capital Fund registered on Peppol?

Yes, Groep Caenen Capital Fund is registered on the Peppol network with ID 0208:0549914576.

What is the enterprise number of Groep Caenen Capital Fund?

The enterprise number of Groep Caenen Capital Fund is BE0549914576.

When was Groep Caenen Capital Fund founded?

Groep Caenen Capital Fund was founded on 2 April 2014.

Who are the directors of Groep Caenen Capital Fund?

According to the 2025 annual accounts, the directors of Groep Caenen Capital Fund are: Devan Holding BV, Arfides NV, Real Estate Solutions BV, Groep Caenen Holding BV.

Is Groep Caenen Capital Fund a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 April 2014; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Groep Caenen Capital Fund make in 2025?

Groep Caenen Capital Fund posted a profit after taxes of € 1,068,514 in financial year 2025.

What is the revenue of Groep Caenen Capital Fund?

In its most recent annual accounts (2025), Groep Caenen Capital Fund reported revenue of € 10,551,084.

How much does an employee at Groep Caenen Capital Fund earn?

The average wage cost per full-time employee at Groep Caenen Capital Fund was € 155,400 in 2023: staff costs of € 155,417 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Groep Caenen Capital Fund (Public Limited) - Middelkerke

Dossier Groep Caenen Capital Fund, printed on 29 October 2026 from databakkes.be/en/0549914576/groep-caenen-capital-fund. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 36 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

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

Financials

Financial year 2025

Groep Caenen Capital Fund from Middelkerke, company number BE0549914576, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Groep Caenen Capital Fund recorded revenue of € 10.6 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 815,342 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 3.9 million

▲ 10% vs 2024

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

Profit Growing

€ 1.1 million

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.3 million

▲ 202% vs 2024

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

Where the profit goes Pays out

€ 728,000 paid out

68 % of the profit went to the shareholders, mostly to Solaedi (100 % of the shares). That is where the money ends up.

People and assets in 2025

Vehicles and equipment

€ 3,040

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 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.

€ 107.8 million

▲ 1% vs 2024

€ 8.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 38,931

▲ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.

Taxes

€ 20,908

▼ 86% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 16,062,982 Revenue 2022: € 16,062,982 First fiscal year in the series	€ 10,856,591 Revenue 2023: € 10,856,591 ▼ 32% vs 2022 (€ 16,062,982) Unfavourable step	€ 25,782,025 Revenue 2024: € 25,782,025 ▲ 137% vs 2023 (€ 10,856,591) Favourable step	€ 10,551,084 Revenue 2025: € 10,551,084 ▼ 59% vs 2024 (€ 25,782,025) Unfavourable step	▼ 59%
Profit after taxes	€ 2,185,355 Profit after taxes 2022: € 2,185,355 First fiscal year in the series	€ 1,332,861 Profit after taxes 2023: € 1,332,861 ▼ 39% vs 2022 (€ 2,185,355) Unfavourable step	€ 815,342 Profit after taxes 2024: € 815,342 ▼ 39% vs 2023 (€ 1,332,861) Unfavourable step	€ 1,068,514 Profit after taxes 2025: € 1,068,514 ▲ 31% vs 2024 (€ 815,342) Favourable step	▲ 31%
Equity	€ 3,714,866 Equity 2022: € 3,714,866 First fiscal year in the series	€ 3,907,727 Equity 2023: € 3,907,727 ▲ 5% vs 2022 (€ 3,714,866) Favourable step	€ 3,573,070 Equity 2024: € 3,573,070 ▼ 9% vs 2023 (€ 3,907,727) Unfavourable step	€ 3,913,583 Equity 2025: € 3,913,583 ▲ 10% vs 2024 (€ 3,573,070) Favourable step	▲ 10%
Total debts	€ 124,491,824 Total debts 2022: € 124,491,824 First fiscal year in the series	€ 132,333,958 Total debts 2023: € 132,333,958 ▲ 6% vs 2022 (€ 124,491,824) Unfavourable step	€ 108,247,862 Total debts 2024: € 108,247,862 ▼ 18% vs 2023 (€ 132,333,958) Favourable step	€ 109,232,536 Total debts 2025: € 109,232,536 ▲ 1% vs 2024 (€ 108,247,862) Unfavourable step	▲ 1%
Cash	€ 2,004,952 Cash 2022: € 2,004,952 First fiscal year in the series	€ 3,622,355 Cash 2023: € 3,622,355 ▲ 81% vs 2022 (€ 2,004,952) Favourable step	€ 767,296 Cash 2024: € 767,296 ▼ 79% vs 2023 (€ 3,622,355) Unfavourable step	€ 2,319,202 Cash 2025: € 2,319,202 ▲ 202% vs 2024 (€ 767,296) Favourable step	▲ 202%
Land & buildings	€ 27,062 Land & buildings 2022: € 27,062 First fiscal year in the series	€ 18,261 Land & buildings 2023: € 18,261 ▼ 33% vs 2022 (€ 27,062) Unchanged	€ 9,460 Land & buildings 2024: € 9,460 ▼ 48% vs 2023 (€ 18,261) Unchanged	€ 932 Land & buildings 2025: € 932 ▼ 90% vs 2024 (€ 9,460) Unchanged	▼ 90%
Retained profit	€ 2,714,866 Retained profit 2022: € 2,714,866 First fiscal year in the series	€ 2,907,727 Retained profit 2023: € 2,907,727 ▲ 7% vs 2022 (€ 2,714,866) Favourable step	€ 2,573,070 Retained profit 2024: € 2,573,070 ▼ 12% vs 2023 (€ 2,907,727) Unfavourable step	€ 2,913,583 Retained profit 2025: € 2,913,583 ▲ 13% vs 2024 (€ 2,573,070) Favourable step	▲ 13%
Dividend	€ 1,000,000 Dividend 2022: € 1,000,000 First fiscal year in the series	€ 1,140,000 Dividend 2023: € 1,140,000 ▲ 14% vs 2022 (€ 1,000,000) Unchanged	€ 1,150,000 Dividend 2024: € 1,150,000 ▲ 1% vs 2023 (€ 1,140,000) Unchanged	€ 728,000 Dividend 2025: € 728,000 ▼ 37% vs 2024 (€ 1,150,000) Unchanged	▼ 37%
Bank debt	€ 123,832,675 Bank debt 2022: € 123,832,675 First fiscal year in the series	€ 130,185,877 Bank debt 2023: € 130,185,877 ▲ 5% vs 2022 (€ 123,832,675) Unfavourable step	€ 106,438,240 Bank debt 2024: € 106,438,240 ▼ 18% vs 2023 (€ 130,185,877) Favourable step	€ 107,767,306 Bank debt 2025: € 107,767,306 ▲ 1% vs 2024 (€ 106,438,240) Unfavourable step	▲ 1%
Balance sheet total	€ 128,206,690 Balance sheet total 2022: € 128,206,690 First fiscal year in the series	€ 136,241,685 Balance sheet total 2023: € 136,241,685 ▲ 6% vs 2022 (€ 128,206,690) Unchanged	€ 111,820,932 Balance sheet total 2024: € 111,820,932 ▼ 18% vs 2023 (€ 136,241,685) Unchanged	€ 113,146,120 Balance sheet total 2025: € 113,146,120 ▲ 1% vs 2024 (€ 111,820,932) Unchanged	▲ 1%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 1 vs 2022 (2) Unchanged	0.4 Employees (FTE) 2024: 0.4 ▼ 0.6 vs 2023 (1) Unchanged	-

Key figures of Groep Caenen Capital Fund, 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 Groep Caenen Capital Fund?

What happened at Groep Caenen Capital Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Devan Holding BV stepped down as director. NBB
2029 Arfides NV stepped down as director. NBB
2029 Real Estate Solutions BV stepped down as director. NBB
2029 Groep Caenen Holding BV stepped down as director. NBB
Sep 30, 2026 New annual accounts for financial year 2025: profit of € 1.1 million (▲ 31% vs 2024). filed late Source: NBB ↗
2023 Devan Holding BV became a director. NBB
2023 Arfides NV became a director. NBB
2023 Real Estate Solutions BV became a director. NBB

In short

From € 2.2 million profit in 2022 to € 1.1 million profit in 2025.

Paid € 1.4 million in corporate taxes since 2022.

Best year ever: 2022, with € 2.2 million profit.

Paid out € 4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Solaedi 100%

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

Groep Caenen Capital Fund

Groep Caenen Capital Fund IV 100%

Groep Caenen Capital Fund II 100%

Groep Caenen Capital Fund III 100%

The shares are held by Solaedi (100%). It owns 100% of Groep Caenen Capital Fund IV, 100% of Groep Caenen Capital Fund II and 100% of Groep Caenen Capital Fund III itself.

Directors

According to the 2025 annual accounts

Devan Holding BV

Bestuurder · represented by Steve Degrieck

Also active at: BELFAS, KOBE PROJECTS, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III, EAGLE FUND II, SEAPARK, GROEP CAENEN CAPITAL FUND V +19 more

since 2023 · until 2029

Arfides NV

Bestuurder · represented by Stefan Paeleman

Also active at: SHIPSHOP NIEUWPOORT, WILMARC INVEST, SKYLINE PROJECTS, GRIMMO, GANDS, PARC RESIDENCES, URBAN LIVING PROJECT MANAGEMENT, Canalis Invest +43 more

since 2023 · until 2029

Real Estate Solutions BV

Bestuurder · represented by Bart Paeleman

Also active at: SHIPSHOP NIEUWPOORT, WILMARC INVEST, SKYLINE PROJECTS, GRIMMO, BESSENVELD 3, BESSENVELD 2, GANDS, BESSENVELD 4 +35 more

since 2023 · until 2029

Groep Caenen Holding BV

Bestuurder · represented by Gregory Caenen

Owns 32.9% via Solaedi

Also active at: IMMOBILIEN PROMOTIE EN BELEGGINGEN, GROEP CAENEN FINANCE, DE RA, MIDDELKERKSE IMMOBILIENMAATSCHAPPIJ, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III, EAGLE FUND II +19 more

since 2023 · until 2029

Shareholders

Solaedi · holding of Groep Caenen Holding BV

100%

Participations

Groep Caenen Capital Fund IV

100%

Groep Caenen Capital Fund II

100%

Groep Caenen Capital Fund III

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Leopoldlaan 121

8430 Middelkerke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.

All companies at this address →

GROEP CAENEN FINANCE same network

€ 72,280 gross margin · 2026

GROEP CAENEN CAPITAL FUND II same network

€ 23,568 gross margin · 2025

Eagle Fund I same network

€ -508,172 gross margin · 2025

GROEP CAENEN CAPITAL FUND III same network

€ 120,595 gross margin · 2025

EAGLE FUND II same network

€ -47,033 gross margin · 2025

+15 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

0549.914.576

VAT number

BE 0549.914.576

Registered office

Leopoldlaan 121, 8430 Middelkerke

Names & denominations

Groep Caenen Capital Fund

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 April 2014

Peppol

Active · Active since 6 Jan 2026

Activities · NACE

Handel in eigen onroerend goed

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Groep Caenen Capital Fund

Warning lights

Financials

What happened to Groep Caenen Capital Fund?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions