Active · per the CBE, 29 September 2026

Capital-X

BE0736590977

Rechtspersoon Private limited company 1 establishment

Capital-X is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 21 October 2019, 1 establishment.

Korte Keppestraat 19, 9320 Aalst

Behind the company: Maja Group NV, BS Covery NV, ADGV NV.

Active for

6 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 2.1 to 1.

Financials

Financial year 2025

Capital-X from Aalst, company number BE0736590977, closed financial year 2025 with a result of € 328,421 after tax. For that financial year Capital-X recorded a gross margin of € 101,525 and equity of € 490,850. Compared with financial year 2024, the result moved from € -40,910 to € 328,421. 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 August 11, 2026.

What it is worth Growing

€ 490,850

▲ 202% vs 2024

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

Profit Growing

€ 328,421

▲ still € 40,910 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,055

▲ 298% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 485,850.

People and assets in 2025

Full-time equivalents

1

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 100,032

▼ 27% vs 2024

€ 100,000 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.

Debts at end 2025

Bank debt ≈ 93 years to go

€ 1.1 million

▼ 23% vs 2024

€ 11,950 is repaid this year. At this pace the long-term loan is gone in ≈ 93 years.

Owed to suppliers

€ 30,286

▼ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 19,635

▼ 15% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 80,668 € 127,322 € 101,734 € 101,525
Profit after taxes € 90,884 € -52,512 € -40,910 € 328,421 ▲ € 369,332
Equity € 255,850 € 203,339 € 162,428 € 490,850 ▲ 202%
Total debts € 1,593,231 € 1,483,244 € 1,493,531 € 1,459,069 ▼ 2%
Cash € 10,630 € 12,569 € 2,274 € 9,055 ▲ 298%
Retained profit € 250,850 € 198,339 € 157,428 € 485,850 ▲ 209%
Bank debt € 1,497,481 € 11,773 € 1,433,960 € 1,106,148 ▼ 23%
Balance sheet total € 1,849,082 € 1,686,582 € 1,655,960 € 1,949,919 ▲ 18%
Employees (FTE) 2.1 2.1 1.7 1 ▼ 0.7

Key figures of Capital-X, 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 Capital-X?

What happened at Capital-X in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 328,421. filed late Source: NBB ↗
  • Maja Group NV became a director. NBB
  • BS Covery NV became a director. NBB
  • ADGV NV became a director. NBB
  • Dazzle BV stepped down as director. NBB
  • WIN-Management BV stepped down as director. NBB
  • New establishment in Aalst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 90,884 profit in 2022 to € 328,421 profit in 2025.

Best year ever: 2025, with € 328,421 profit.

On average € 101,500 of value added per employee in 2025.

Management

Behind Capital-X are Maja Group NV, BS Covery NV and ADGV NV. It owns 100% of Caractère itself.

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Directors

According to the 2025 annual accounts

since 2026

ADGV NV

Director · represented by Hervé Ollagnier

Also active at: ATLAS REIZEN, WORLD OF TRAVEL

since 2026

Dazzle BV

Director · represented by Ilona Stieners

· until 2026

WIN-Management BV

Director · represented by Wim Vancauter

· until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Keppestraat 19

9320 Aalst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0736.590.977
VAT number
BE 0736.590.977
Registered office
Korte Keppestraat 19, 9320 Aalst
Names & denominations
Capital-X
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
21 October 2019
Peppol
Active · Active since 22 Oct 2025
Activities · NACE

Activiteiten van holdings

Holdings

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Frequently asked questions

What does Capital-X do?
Capital-X is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 21 October 2019, 1 establishment.
What is the address of Capital-X?
The registered office of Capital-X is located at Korte Keppestraat 19, 9320 Aalst.
Is Capital-X still active?
Yes. According to the CBE (29 September 2026) Capital-X is active, legal situation “Normale toestand”, started on 21 October 2019.
Is Capital-X registered on Peppol?
Yes, Capital-X is registered on the Peppol network with ID 0208:0736590977.
What is the enterprise number of Capital-X?
The enterprise number of Capital-X is BE0736590977.
When was Capital-X founded?
Capital-X was founded on 21 October 2019.