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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Capsule-Corp from Liège, company number BE0891529473, closed financial year 2024 with a result of € -235,764 after tax. For that financial year Capsule-Corp recorded a gross margin of € 36,817 and equity of € -2.4 million. Compared with financial year 2023, the result moved from € -220,208 to € -235,764. 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 August 27, 2025.
€ -2.4 million
▼ € 235,764 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -235,764
▼ 7 % more loss than in 2023
Profit after tax over the fiscal year.
€ 6,171
▼ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 164,043
▲ 9% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,154
▲ € 15,335 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 45,764
▲ 99% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,769
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 50,476 | € -46,479 | € -3,482 | € 36,817 | ▲ € 40,299 |
| Profit after taxes | € -167,321 | € -275,945 | € -220,208 | € -235,764 | ▼ € 15,556 |
| Equity | € -1,678,877 | € -1,954,823 | € -2,175,030 | € -2,410,794 | ▼ € 235,764 |
| Total debts | € 1,740,162 | € 1,999,023 | € 2,383,709 | € 2,748,896 | ▲ 15% |
| Cash | € 27,705 | € 4,616 | € 6,288 | € 6,171 | ▼ 2% |
| Retained profit | € -1,697,477 | € -1,973,423 | € -2,193,630 | € -2,429,394 | ▼ € 235,764 |
| Balance sheet total | € 61,285 | € 44,201 | € 208,679 | € 338,102 | ▲ 62% |
Key figures of Capsule-Corp, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Capsule-Corp?
What happened at Capsule-Corp in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 235,764. filed late Source: NBB ↗
- New establishment in Liège. KBO
- Claude HOUART became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 167,321 loss in 2021 to € 235,764 loss in 2024.
Paid € 372 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Capsule-Corp is Claude HOUART. Claude HOUART is also behind MAJESTIC.
Directors
According to the 2024 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Avenue Blonden 76
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0891.529.473
- VAT number
- BE 0891.529.473
- Registered office
- Avenue Blonden 76, 4000 Liège
- Names & denominations
- Capsule-Corp
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 2007
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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