Active · per the CBE, 30 September 2026

Capricorn Fusion China Fund

BE0737709942

Rechtspersoon Public limited company 1 establishment

Lei 19 box 10, 3000 Leuven [email protected]

Active for

6 year, 10 months

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

Capricorn Fusion China Fund from Leuven, company number BE0737709942, closed financial year 2025 with a result of € -927,647 after tax. For that financial year Capricorn Fusion China Fund recorded a gross margin of € -763,739 and equity of € 9.6 million. Compared with financial year 2024, the result moved from € -2.3 million to € -927,647. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.

What it is worth Healthy

€ 9.6 million

▼ 5% vs 2024

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

Loss Caution

€ -927,647

▲ 60 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 702,917

▼ 60% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -7.7 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -1,012,799 € -753,146 € -771,075 € -763,739 ▲ € 7,336
Profit after taxes € -1,206,137 € -1,817,598 € -2,320,117 € -927,647 ▲ € 1.4 million
Equity € 10,458,522 € 10,702,210 € 10,092,468 € 9,615,214 ▼ 5%
Total debts € 22,203 € 5,641 € 26,005 € 48,465 ▲ 86%
Cash € 892,606 € 842,258 € 1,744,188 € 702,917 ▼ 60%
Retained profit € -2,679,216 € -4,496,814 € -6,816,932 € -7,744,579 ▼ € 927,647
Balance sheet total € 10,480,725 € 10,707,851 € 10,118,473 € 9,663,679 ▼ 4%

Key figures of Capricorn Fusion China 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 Capricorn Fusion China Fund?

What happened at Capricorn Fusion China Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ NV stepped down as director. NBB
  • Wim Heylen stepped down as director. NBB
  • Didier Clerx stepped down as director. NBB
  • CAPRICORN PARTNERS NV stepped down as director. NBB
  • Josephus Bonifacius Peeters stepped down as director. NBB
  • Bart Fransis stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 927,647. Source: NBB ↗
  • AXXIS BV stepped down as director. NBB

In short

From € 1.2 million loss in 2022 to € 927,647 loss in 2025.

Management

The stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT, Euro Invest Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Capricorn Fusion China Fund

The shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (25.3%) and Euro Invest Management (0.3%). It owns 15% of TS Flanders itself.

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Directors

According to the 2025 annual accounts

since 2020 · until 2026

since 2021 · until 2026

CAPRICORN PARTNERS NV

Managing director · represented by Steven Levecke

Also active at: TS FLANDERS, Mulan Invest, CAPRICORN ICT ARKIV, Sensolus, REIN4CED, Confo Therapeutics, Minze, ViroVet +23 more

since 2020 · until 2026

Josephus Bonifacius Peeters

Director

Also active at: De Jonge St. Jacob, EASDAQ, CAPRICORN ICT ARKIV, Capricorn SCF, Capricorn Digital Growth Fund, KRYOS

since 2023 · until 2026

Bart Fransis

Director

Also active at: KYLAN, MMCC PARTNERS

since 2020 · until 2026

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Lei 19 box 10

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
0737.709.942
VAT number
BE 0737.709.942
Registered office
Lei 19 bus 10, 3000 Leuven
Names & denominations
Capricorn Fusion China Fund · CFCF
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 November 2019
Peppol
Not registered

Frequently asked questions

What is the address of Capricorn Fusion China Fund?
The registered office of Capricorn Fusion China Fund is located at Lei 19 box 10, 3000 Leuven.
Is Capricorn Fusion China Fund still active?
Yes. According to the CBE (30 September 2026) Capricorn Fusion China Fund is active, legal situation “Normale toestand”, started on 15 November 2019.
Is Capricorn Fusion China Fund registered on Peppol?
No, Capricorn Fusion China Fund is currently not registered on the Peppol network.
What is the enterprise number of Capricorn Fusion China Fund?
The enterprise number of Capricorn Fusion China Fund is BE0737709942.
When was Capricorn Fusion China Fund founded?
Capricorn Fusion China Fund was founded on 15 November 2019.
Who owns Capricorn Fusion China Fund?
The shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (25.3%) and Euro Invest Management (0.3%). It owns 15% of TS Flanders itself.