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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CAPRY from Gent, company number BE0744935353, closed financial year 2025 with a result of € 390,257 after tax. For that financial year CAPRY recorded a gross margin of € 238,441 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 203,398 to € 390,257. 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 October 15, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 390,257
▲ 92% vs 2024
Profit after tax over the fiscal year.
€ 390,000 paid out
100 % of the profit went to the shareholders, mostly to Navilink Group (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 233,724
▼ 53% vs 2024
Loans from banks and other lenders, long and short.
€ 3,234
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,058
▼ 31% 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 | € 359,660 | € 366,240 | € 344,280 | € 238,441 | ▼ 31% |
| Profit after taxes | € 254,345 | € 217,561 | € 203,398 | € 390,257 | ▲ 92% |
| Equity | € 871,934 | € 1,089,495 | € 1,089,893 | € 1,090,150 | |
| Total debts | € 3,261,729 | € 2,942,787 | € 3,036,245 | € 2,859,436 | ▼ 6% |
| Cash | € 11,476 | € 6,880 | € 16,048 | - | |
| Retained profit | € 571,934 | € 789,495 | € 789,893 | € 790,150 | |
| Dividend | € 0 | € 0 | € 203,000 | € 390,000 | ▲ 92% |
| Bank debt | € 976,146 | € 750,500 | € 497,100 | € 233,724 | ▼ 53% |
| Balance sheet total | € 4,133,663 | € 4,032,283 | € 4,126,138 | € 3,949,586 | ▼ 4% |
Key figures of CAPRY, 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 CAPRY?
What happened at CAPRY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 390,257 (▲ 92% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Arthauris Invest BV became a director. NBB
- ATventures BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 254,345 profit in 2022 to € 390,257 profit in 2025.
Paid € 274,007 in corporate taxes since 2022.
Best year ever: 2025, with € 390,257 profit.
Paid out € 593,000 in dividends to the owners in total.
Management
The stake of Navilink Group, WARTEL PHILIPPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAPRYBehind CAPRY are Arthauris Invest BV and ATventures BV. The shares are held by Navilink Group (100%) and WARTEL PHILIPPE (10%). It owns 100% of Transit Service itself.
Directors
According to the 2025 annual accounts
Director · represented by Johan Devriese
Also active at: CAPFORCE, Belufin, Greenlight Holding, Templec Holding, Navilink Group
since 2020
Director · represented by Jan Van der Beke
Also active at: EXOCET, EXOCET, PATSY COACH, Capsody, IT Ventures, Castelmore RE, Bouwplaats Holding, Overcool +4 more
since 2020
Shareholders
100%
10%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rodebeukendreef 5 box a
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.935.353
- VAT number
- BE 0744.935.353
- Registered office
- Rodebeukendreef 5 bus a, 9050 Gent
- Names & denominations
- CAPRY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2020
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings