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 2 of the last 4 fiscal years.
Financials
Financial year 2025
CAPCO AVIATION from Tongeren-Borgloon, company number BE0862697610, closed financial year 2025 with a result of € -9,839 after tax. For that financial year CAPCO AVIATION recorded a gross margin of € -5,458 and equity of € -8,054. Compared with financial year 2024, the result moved from € 10,996 to € -9,839. 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 June 17, 2026.
€ -8,054
▼ € 9,839 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,839
▼ still € 10,996 profit in 2024
Profit after tax over the fiscal year.
€ 271,494
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,654.
People and assets in 2025
€ 1,168
▲ 150% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,253
▼ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 198,052
▼ 6% vs 2024
€ 12,652 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 3,458
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 459
▼ 98% 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 | € 105,752 | € -20,940 | € 42,143 | € -5,458 | ▼ € 47,601 |
| Profit after taxes | € 88,957 | € -29,529 | € 10,996 | € -9,839 | ▼ € 20,835 |
| Equity | € 20,318 | € -9,211 | € 1,785 | € -8,054 | ▼ € 9,839 |
| Total debts | € 338,218 | € 347,762 | € 319,691 | € 293,792 | ▼ 8% |
| Cash | € 12,306 | € 192,173 | € 197,382 | € 271,494 | ▲ 38% |
| Retained profit | € 1,718 | € -27,811 | € -16,815 | € -26,654 | ▼ € 9,839 |
| Bank debt | € 234,602 | € 222,096 | € 210,280 | € 198,052 | ▼ 6% |
| Balance sheet total | € 358,536 | € 338,550 | € 321,476 | € 285,739 | ▼ 11% |
Key figures of CAPCO AVIATION, 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 CAPCO AVIATION?
What happened at CAPCO AVIATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,839 (▼ € 20,835 vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,957 profit in 2022 to € 9,839 loss in 2025.
Paid € 9,517 in corporate taxes since 2022.
Best year ever: 2022, with € 88,957 profit.
Establishments
Establishment units
Physical locations of this company
Houbbenstraat 17
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.697.610
- VAT number
- BE 0862.697.610
- Registered office
- Houbbenstraat 17, 3700 Tongeren-Borgloon
- Names & denominations
- CAPCO AVIATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2004
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Vervaardiging van lucht- en ruimtevaartuigen
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee