Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 23 % 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 III from Middelkerke, company number BE0661790319, closed financial year 2025 with a result of € 111,506 after tax. For that financial year GROEP CAENEN CAPITAL FUND III recorded a gross margin of € 120,595 and equity of € -124,102. Compared with financial year 2024, the result moved from € -12,041 to € 111,506. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ -124,102
▲ € 111,506 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,506
▲ still € 12,041 loss in 2024
Profit after tax over the fiscal year.
€ 50,927
▼ 27% 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 € -224,102.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,325
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 107
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 364,520 | € -586,677 | € -185 | € 120,595 | ▲ € 120,780 |
| Profit after taxes | € -167,073 | € -361,402 | € -12,041 | € 111,506 | ▲ € 123,547 |
| Equity | € 137,834 | € -223,568 | € -235,608 | € -124,102 | ▲ € 111,506 |
| Total debts | € 3,451,887 | € 489,571 | € 500,587 | € 225,148 | ▼ 55% |
| Cash | € 900,109 | € 69,586 | € 69,332 | € 50,927 | ▼ 27% |
| Retained profit | € 37,834 | € -323,568 | € -335,608 | € -224,102 | ▲ € 111,506 |
| Bank debt | € 3,016,722 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 3,589,721 | € 266,003 | € 264,979 | € 101,046 | ▼ 62% |
Key figures of GROEP CAENEN CAPITAL FUND III, 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 III?
What happened at GROEP CAENEN CAPITAL FUND III in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Devan Holding BV stepped down as director. NBB
- Arfides NV stepped down as director. NBB
- Real Estate Solutions BV stepped down as director. NBB
- Groep Caenen Holding BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 111,506. Source: NBB ↗
- Devan Holding BV became a director. NBB
- Arfides NV became a director. NBB
- Real Estate Solutions BV became a director. NBB
In short
From € 167,073 loss in 2022 to € 111,506 profit in 2025.
Paid € 107 in corporate taxes since 2022.
Best year ever: 2025, with € 111,506 profit.
A new publication or filing at GROEP CAENEN CAPITAL FUND III? We notify you, reason included.
Follow GROEP CAENEN CAPITAL FUND IIIDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of Groep Caenen Capital Fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROEP CAENEN CAPITAL FUND IIIThe shares are held by Groep Caenen Capital Fund (100%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Steve Degrieck
Also active at: BELFAS, KOBE PROJECTS, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, EAGLE FUND II, SEAPARK, GROEP CAENEN CAPITAL FUND V +19 more
since 2023 · until 2029
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
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
Bestuurder · represented by Gregory Caenen
Also active at: IMMOBILIEN PROMOTIE EN BELEGGINGEN, BELFAS, GROEP CAENEN FINANCE, DE RA, MIDDELKERKSE IMMOBILIENMAATSCHAPPIJ, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I +20 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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
€ -59,966 gross margin · 2025
Groep Caenen Capital Fund same network
€ 25.8 million revenue · 2024
GROEP CAENEN CAPITAL FUND II same network
€ 23,568 gross margin · 2025
Eagle Fund I same network
€ 693,978 gross margin · 2024
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
- 0661.790.319
- VAT number
- BE 0661.790.319
- Registered office
- Leopoldlaan 121, 8430 Middelkerke
- Names & denominations
- GROEP CAENEN CAPITAL FUND III
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2016
- Peppol
- Active · Active since 16 Jan 2026