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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
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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
CAPVOLETS from Manage, company number BE0738443380, closed financial year 2025 with a result of € -2,398 after tax. For that financial year CAPVOLETS recorded a gross margin of € -1,909 and equity of € -52,451. Compared with financial year 2024, the result moved from € 458 to € -2,398. The company made a loss. 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 September 30, 2026.
€ -52,451
▼ € 2,398 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,398
▼ still € 458 profit in 2024
Profit after tax over the fiscal year.
€ 10,947
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -57,451.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,789
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,295 | € -6,030 | € 1,273 | € -1,909 | ▼ € 3,182 |
| Profit after taxes | € -42,064 | € -10,225 | € 458 | € -2,398 | ▼ € 2,856 |
| Equity | € -40,287 | € -50,511 | € -50,053 | € -52,451 | ▼ € 2,398 |
| Total debts | € 116,415 | € 87,510 | € 84,413 | € 84,043 | |
| Cash | € 11,083 | € 11,903 | € 12,421 | € 10,947 | ▼ 12% |
| Retained profit | € -45,287 | € -55,511 | € -55,053 | € -57,451 | ▼ € 2,398 |
| Balance sheet total | € 76,128 | € 36,998 | € 34,360 | € 31,592 | ▼ 8% |
Key figures of CAPVOLETS, 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 CAPVOLETS?
What happened at CAPVOLETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,398 (▼ € 2,856 vs 2024). filed late Source: NBB ↗
- New establishment in Manage. KBO
- Luigi Capizzi became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,064 loss in 2022 to € 2,398 loss in 2025.
Paid € 235 in corporate taxes since 2022.
Best year ever: 2024, with € 458 profit.
Management
Behind CAPVOLETS is Luigi Capizzi.
Directors
According to the 2025 annual accounts
Luigi Capizzi
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Théophile Massart 197
7170 Manage
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.443.380
- VAT number
- BE 0738.443.380
- Registered office
- Rue Théophile Massart 197, 7170 Manage
- Names & denominations
- CAPVOLETS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2019
- Peppol
- Not registered
- Activities · NACE
Schrijnwerk
Overige werkzaamheden in verband met de afwerking van gebouwen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.