Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Capricorn SCF from Leuven, company number BE0668545378, closed financial year 2025 with a result of € -20.6 million after tax. For that financial year Capricorn SCF recorded a gross margin of € -1.1 million and equity of € 23.5 million. Compared with financial year 2024, the result moved from € -6.2 million to € -20.6 million. The company made a loss. The buffer shrank hard: equity is 54 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 23.5 million
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20.6 million
▼ 232 % more loss than in 2024
Profit after tax over the fiscal year.
€ 396,373
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -52 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,708
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,784,346 | € -1,788,397 | € -898,776 | € -1,074,141 | ▼ € 175,366 |
| Profit after taxes | € -4,169,068 | € -10,979,759 | € -6,195,118 | € -20,584,116 | ▼ € 14.4 million |
| Equity | € 52,442,300 | € 46,822,703 | € 51,061,472 | € 23,497,938 | ▼ 54% |
| Total debts | € 12,130 | € 4,561 | € 21,457 | € 8,057 | ▼ 62% |
| Cash | € 3,723,293 | € 5,560,333 | € 763,600 | € 396,373 | ▼ 48% |
| Retained profit | € -14,267,749 | € -25,247,508 | € -31,442,626 | € -52,026,742 | ▼ € 20.6 million |
| Balance sheet total | € 52,454,431 | € 46,827,264 | € 51,082,929 | € 23,555,994 | ▼ 54% |
Key figures of Capricorn SCF, 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 Capricorn SCF?
What happened at Capricorn SCF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PARTICIPATIEMAATSCHAPPIJ VLAANDEREN NV stepped down as director. NBB
- Jacques Van Rijckevorsel stepped down as director. NBB
- STAND IN BV stepped down as director. NBB
- Wouter William Dirk Van de Putte stepped down as director. NBB
- SPARAXIS NV stepped down as director. NBB
- Ludwig Goris stepped down as director. NBB
- Wilhelmus Hendrix stepped down as director. NBB
- Matthieu De Posch stepped down as director. NBB
In short
From € 4.2 million loss in 2022 to € 20.6 million loss in 2025.
A new publication or filing at Capricorn SCF? We notify you, reason included.
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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
The stake of Participatiemaatschappij Vlaanderen, SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Capricorn SCFThe shares are held by Participatiemaatschappij Vlaanderen (11.6%) and SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (11.6%). It owns 30.2% of TRILLIUM RENEWABLE CHEMICALS INC, 26.5% of ZEOPORE TECHNOLOGIES, 21.7% of REIN4CED, 20.1% of DMC BIOTECHNOLOGIES, 18.1% of ECONIC TECHNOLOGIES LTD and 16.6% of VIROVET itself.
Directors
According to the 2025 annual accounts
Director · represented by Philippe de Vicq de Cumptich
Also active at: Cibo, UITGEVERIJ LANNOO, CAPRICORN ICT ARKIV, INVEST FOR JOBS, Capricorn Digital Growth Fund, Capricorn Fusion China Fund, CAPRICORN HEALTH-TECH FUND
since 2022 · until 2026
PARTICIPATIEMAATSCHAPPIJ VLAANDEREN NV
Director · represented by Wouter Winnen
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2023 · until 2028
Jacques Van Rijckevorsel
Director
since 2022 · until 2028
since 2022 · until 2025
Director · represented by Bart Van Muylder
Also active at: DIEPENSTEYN, Flanders Building, Econoholding, SMARTFIN VENTURES, Smile Invest, DIEPHOLD, STEYNHOLD
since 2022 · until 2028
Wouter William Dirk Van de Putte
Director
since 2025 · until 2028
Director · represented by Yves Daniel Meurice
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2022 · until 2028
since 2022 · until 2028
Wilhelmus Hendrix
Director
since 2022 · until 2028
since 2022 · until 2028
Managing director · represented by Rob van der Meij
Also active at: TS FLANDERS, CAPRICORN ICT ARKIV, Sensolus, REIN4CED, Confo Therapeutics, Minze, ViroVet, STORY CHIEF +22 more
since 2022 · until 2028
Josephus Bonifacius Peeters
Director
Also active at: De Jonge St. Jacob, EASDAQ, CAPRICORN ICT ARKIV, Capricorn Digital Growth Fund, Capricorn Fusion China Fund, KRYOS
since 2023 · until 2028
Didier Lamote
Director
Also active at: SDG Frontier Fund, CAPRICORN HEALTH-TECH FUND, VIVES II - Louvain Technology Fund
since 2023 · until 2028
Shareholders
Participations
TRILLIUM RENEWABLE CHEMICALS INC
30.2%
26.5%
21.7%
DMC BIOTECHNOLOGIES
20.1%
ECONIC TECHNOLOGIES LTD
18.1%
16.6%
VOID (TECHNOLOGIES LTD)
12.7%
Establishments
Establishment units
Physical locations of this company
Lei 19/20
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.545.378
- VAT number
- BE 0668.545.378
- Registered office
- Lei 19/20, 3000 Leuven
- Names & denominations
- Capricorn SCF · CSCF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2016
- Peppol
- Not registered