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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GROEP CAENEN CAPITAL FUND V from Middelkerke, company number BE0701652270, closed financial year 2025 with a result of € 209,257 after tax. For that financial year GROEP CAENEN CAPITAL FUND V recorded a gross margin of € -44,214 and equity of € 403,976. Compared with financial year 2024, the result moved from € 1,005 to € 209,257. 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 June 16, 2026.
€ 403,976
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,257
▲ € 208,252 vs 2024
Profit after tax over the fiscal year.
€ 20,719
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,000 paid out
62 % of the profit went to the shareholders, mostly to GROEP CAENEN HOLDING (70 % of the shares). That is where the money ends up.
Debts at end 2025
€ 864,402
▼ 41% vs 2024
€ 94,743 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,732
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,254
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,585 | € 219,317 | € 184,872 | € -44,214 | ▼ € 229,085 |
| Profit after taxes | € 25,044 | € 24,722 | € 1,005 | € 209,257 | ▲ € 208,252 |
| Equity | € 298,993 | € 323,715 | € 324,720 | € 403,976 | ▲ 24% |
| Total debts | € 2,215,261 | € 2,083,959 | € 1,933,441 | € 915,724 | ▼ 53% |
| Cash | € 52,110 | € 29,324 | € 21,890 | € 20,719 | ▼ 5% |
| Land & buildings | € 2,355,546 | € 2,248,768 | € 2,163,635 | € 1,210,641 | ▼ 44% |
| Retained profit | € 48,993 | € 73,715 | € 74,720 | € 153,976 | ▲ 106% |
| Dividend | € 0 | € 0 | € 0 | € 130,000 | |
| Bank debt | € 1,698,957 | € 1,562,517 | € 1,460,986 | € 864,402 | ▼ 41% |
| Balance sheet total | € 2,514,254 | € 2,407,674 | € 2,258,161 | € 1,319,701 | ▼ 42% |
Key figures of GROEP CAENEN CAPITAL FUND V, 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 V?
What happened at GROEP CAENEN CAPITAL FUND V in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 209,257 (▲ € 208,252 vs 2024). Source: NBB ↗
- Devan Holding BV stepped down as director. NBB
- Buchmüller Invest BV stepped down as director. NBB
- Groep Caenen Holding BV stepped down as director. NBB
- Buchmüller Invest BV became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
- Devan Holding BV became a director. NBB
In short
From € 25,044 profit in 2022 to € 209,257 profit in 2025.
Paid € 90,282 in corporate taxes since 2022.
Best year ever: 2025, with € 209,257 profit.
Paid out € 130,000 in dividends to the owners in total.
Management
The stake of GROEP CAENEN HOLDING, DEVAN HOLDING, Buchmüller Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROEP CAENEN CAPITAL FUND VThe shares are held by GROEP CAENEN HOLDING (69.6%), DEVAN HOLDING (30.4%) and Buchmüller Invest (10%).
Directors
According to the 2025 annual accounts
Gedelegeerd bestuurder · represented by Steve Degrieck
Also active at: BELFAS, KOBE PROJECTS, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III, EAGLE FUND II, SEAPARK +19 more
since 2018 · until 2026
since 2018 · until 2026
Gedelegeerd bestuurder · represented by Gregory Caenen
Also active at: IMMOBILIEN PROMOTIE EN BELEGGINGEN, GROEP CAENEN FINANCE, DE RA, MIDDELKERKSE IMMOBILIENMAATSCHAPPIJ, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III +19 more
since 2018 · until 2026
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
€ 72,280 gross margin · 2026
Groep Caenen Capital Fund same network
€ 10.6 million revenue · 2025
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
+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
- 0701.652.270
- VAT number
- BE 0701.652.270
- Registered office
- Leopoldlaan 121, 8430 Middelkerke
- Names & denominations
- GROEP CAENEN CAPITAL FUND V
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2018
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van syndici van onroerend goed
Overige zakelijke dienstverlening, neg
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
+1