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.
Financials
Financial year 2025
CAP Management from Vorst, company number BE0843741632, closed financial year 2025 with a result of € 19,034 after tax. For that financial year CAP Management recorded a gross margin of € 22,637 and equity of € -2,880. Compared with financial year 2024, the result moved from € -7,389 to € 19,034. Profitable, and profit is growing. 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 May 13, 2026.
€ -2,880
▲ € 19,034 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,034
▲ still € 7,389 loss in 2024
Profit after tax over the fiscal year.
€ 8,921
▲ € 8,878 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9,080.
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.
€ 8,658
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,599
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 | € -4,958 | € 1,769 | € -7,304 | € 22,637 | ▲ € 29,941 |
| Profit after taxes | € -5,474 | € 1,602 | € -7,389 | € 19,034 | ▲ € 26,423 |
| Equity | € -16,127 | € -14,524 | € -21,914 | € -2,880 | ▲ € 19,034 |
| Total debts | € 93,568 | € 90,936 | € 47,778 | € 23,370 | ▼ 51% |
| Cash | € 630 | € 113 | € 44 | € 8,921 | ▲ € 8,878 |
| Retained profit | € -22,327 | € -20,724 | € -28,114 | € -9,080 | ▲ € 19,034 |
| Bank debt | € 231 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 77,441 | € 76,411 | € 25,864 | € 20,490 | ▼ 21% |
Key figures of CAP Management, 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 CAP Management?
What happened at CAP Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,034. Source: NBB ↗
- New establishment in Vorst. KBO
- Benoît Cartiaux became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,474 loss in 2022 to € 19,034 profit in 2025.
Paid € 3,318 in corporate taxes since 2022.
Best year ever: 2025, with € 19,034 profit.
Management
Behind CAP Management is Benoît Cartiaux. Benoît Cartiaux is also behind BAGELEC.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Minervalaan 30
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0843.741.632
- VAT number
- BE 0843.741.632
- Registered office
- Minervalaan 30, 1190 Vorst
- Names & denominations
- CAP Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2012
- Peppol
- Active · Active since 6 May 2026
- Activities · NACE
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