ACTIVE

CAP 48

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Financial year 2026 · Closed on 31/03/2026

Net result-28,6 k €-157,1 %over 1 year
Equity356,5 k €-7,4 %over 1 year
Workforce21,3 ETP+0,5 %over 1 year

Identity

Source · BCE/KBO

CAP 48 is a Non-profit organization incorporated in 1969. Its main activity is: Technical and vocational secondary education. Its registered office is in Schaerbeek. It employs on average 21,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.603.610
Incorporation
10/06/1969
Legal form
Non-profit organization
Registered office
Boulevard Auguste Reyers 52
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/03/2026
Average workforce
21,3 ETP
Joint committees (1)
  • 329
Signals
Positive cashflowHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20262025202420232022
Income statement
Gross margin–––––
EBITDA-393 k €-234,1 k €-440 k €-459,5 k €-340,5 k €
Operating result-496,9 k €-327,5 k €-490,9 k €-489,5 k €-360,6 k €
Net result-28,6 k €50,1 k €-68,6 k €-290,1 k €-89,8 k €
Balance sheet
Equity356,5 k €385,1 k €335 k €403,6 k €693,7 k €
Total assets21,7 M €19,7 M €18,4 M €19,2 M €18,4 M €
Cash11,1 M €4,3 M €2,1 M €6,1 M €16,1 M €
Debts21,2 M €19,3 M €18 M €18,8 M €17,7 M €
Other
Workforce21,3 ETP21,2 ETP20,1 ETP18,4 ETP17,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

17 active · 36 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Baptiste Erkes
Director12/02/2020 → 13/09/2028
Jean-Philippe ROUSSEAU
Chairman of the board of directors12/02/2020 → 13/09/2028Director12/02/2020 → 13/09/2028
Benoit Parmentier
Director12/03/2025 → 13/09/2028
Christine Gehenot
Director12/03/2025 → 13/09/2028
Eric Willaye
Director12/03/2025 → 13/09/2028
Noémie Van Erps
Director12/03/2025 → 13/09/2028
Bernard STAVAUX
Director09/09/2020 → 09/09/2026
Chris VANDERVINNE
Director07/09/2016 → 09/09/2026
Christian VANDERCAM
Trésorier06/09/2023 → 09/09/2026Director09/09/2020 → 09/09/2026Mandate2011 accountsended
Helmut HEINEN
Director07/09/2016 → 09/09/2026
John STOEFS
Director06/09/2023 → 09/09/2026
Magali FLAMAND
Director07/09/2016 → 09/09/2026
Renaud TOCKERT
Managing director07/09/2016 → 09/09/2026
Sandrine GRAULICH
Director06/09/2023 → 09/09/2026
Véronique GHESQUIERE
Director04/02/2015 → 09/09/2026
Véronique VIERSET
Director06/09/2023 → 09/09/2026
Vincent CRABBE
Director11/09/2013 → 09/09/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geoffrey Delhonte
Director06/09/2023 → 2024 accounts
Gérard BERNARD
Director06/09/2023 → 2024 accounts
Gisèle Marlière
Director06/09/2023 → 2024 accounts
Vincent Engel
Director06/09/2023 → 2024 accounts

Other companies at this address

Boulevard Auguste Reyers 52 1030 Schaerbeek
CompanyCBE no.
Activités sociales et de Loisirs du Site R.T.B.F. de Bruxelles● Active
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Association des Réalisateurs de la Radio-Télévision de la RTBF● Liquidation
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Cercle du Laboratoire de la Radio - Télévision belge de la Communauté culturelle francaise(RTBF)● Active
0418.459.087
Conseil International des Radios Télévisions Francophones● Active
0450.933.994
De Vlaamse Radio- en Televisieomroeporganisatie● Active
0244.142.664
Etude pour une Télévision communautaire régionale à Bruxelles● Active
0421.726.306
FESTIVAL MUSIQ'3 BRUXELLES● Active
0834.756.066
FINANCIERE REYERS● Active
0878.403.195
Jazz we can VZW● Active
0635.702.960
LA CRÈCHE BABYMEDIA● Active
0828.043.864
LES OEUVRES SOCIALES DE LA RADIO - TELEVISION BELGE DE LA COMMUNAUTE FRANCAISE● Active
0413.871.581
Les Primes syndicales - CGSP-RTBF● Active
0454.791.824
maRadio.be● Active
0542.905.832
OBN INTERNATIONAL● Active
0472.875.691
PENSIOENFONDS CONTRACTUELEN VRT● Active
0477.760.533
Primes Syndicales CGSP-RTBF.be● Active
0677.662.586
RADIO BRUXELLES INTERNATIONAL● Active
0875.301.373
UKKEPUK - VRT● Active
0475.102.436
VRT-SOCIALE WERKEN● Active
0475.190.429

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/09/202612/09/202519/09/202426/09/202312/09/202221/09/2021
General meeting09/09/202610/09/202518/09/202406/09/202307/09/202208/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202609/09/202610/09/2026FrenchPDF
Full model31/03/202510/09/202512/09/2025FrenchPDF
Full model31/03/202418/09/202419/09/2024FrenchPDF
Full model31/03/202306/09/202326/09/2023FrenchPDF
Full model31/03/202207/09/202212/09/2022FrenchPDF
Full model31/03/202108/09/202121/09/2021FrenchPDF
Full model31/03/202009/09/202002/10/2020FrenchPDF
Full model31/03/201911/09/201916/09/2019FrenchPDF
Full model31/03/201812/09/201820/11/2018FrenchPDF
Full model31/03/201713/09/201713/09/2018FrenchPDF
Abridged model31/03/201607/09/201617/08/2017FrenchPDF
Abridged model31/03/201509/09/201516/09/2016FrenchPDF
Abridged model31/03/201411/09/201402/09/2015FrenchPDF
Abridged model31/03/201311/09/201329/08/2014FrenchPDF
Abridged model31/03/201219/09/201218/09/2013FrenchPDF
Abridged model31/03/201107/09/201101/03/2012FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

17 active · 36 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Baptiste Erkes
Director12/02/2020 → 13/09/2028
Jean-Philippe ROUSSEAU
Chairman of the board of directors12/02/2020 → 13/09/2028Director12/02/2020 → 13/09/2028
Benoit Parmentier
Director12/03/2025 → 13/09/2028
Christine Gehenot
Director12/03/2025 → 13/09/2028
Eric Willaye
Director12/03/2025 → 13/09/2028
Noémie Van Erps
Director12/03/2025 → 13/09/2028
Bernard STAVAUX
Director09/09/2020 → 09/09/2026
Chris VANDERVINNE
Director07/09/2016 → 09/09/2026
Christian VANDERCAM
Trésorier06/09/2023 → 09/09/2026Director09/09/2020 → 09/09/2026Mandate2011 accountsended
Helmut HEINEN
Director07/09/2016 → 09/09/2026
John STOEFS
Director06/09/2023 → 09/09/2026
Magali FLAMAND
Director07/09/2016 → 09/09/2026
Renaud TOCKERT
Managing director07/09/2016 → 09/09/2026
Sandrine GRAULICH
Director06/09/2023 → 09/09/2026
Véronique GHESQUIERE
Director04/02/2015 → 09/09/2026
Véronique VIERSET
Director06/09/2023 → 09/09/2026
Vincent CRABBE
Director11/09/2013 → 09/09/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geoffrey Delhonte
Director06/09/2023 → 2024 accounts
Gérard BERNARD
Director06/09/2023 → 2024 accounts
Gisèle Marlière
Director06/09/2023 → 2024 accounts
Vincent Engel
Director06/09/2023 → 2024 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/12/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates14/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2024
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates06/12/2023
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/03/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/02/2019
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Baptiste Erkes
Benoit Parmentier
Christine Gehenot
Noémie Van Erps
Eric Willaye
Jean-Philippe ROUSSEAU
Véronique VIERSET
Renaud TOCKERT
Magali FLAMAND
Chris VANDERVINNE
Sandrine GRAULICH
Helmut HEINEN
196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
CAP 48Opérations de Solidarité 48.81.00
Boulevard Auguste Reyers 52, 1030 Schaerbeek
Director
Director
Director
Director
Director
Chairman of the board of directorsDirector
Director
Managing director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Auguste Reyers 52, 1030 SchaerbeekCurrent
accounts 2022 → 2026
Accounts 2026 · 2026-00511421

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CAP 48Current
accounts 2025 → 2026
Accounts 2026 · 2026-00511421
CAP48
accounts 2024
Accounts 2024 · 2024-00466120
Opérations de Solidarité 48.81.00
accounts 2022 → 2023
Accounts 2023 · 2023-00459073

Events

  1. 2026
    Annual accounts 2026-28,6 k €↓
  2. 2025
    Annual accounts 202550,1 k €↑
  3. 2025
    Name changeCAP 48
  4. 2024
    Annual accounts 2024-68,6 k €↑
  5. 2024
    Name changeCAP48
  6. 2023
    Annual accounts 2023-290,1 k €↓
  7. 2022
    Annual accounts 2022-89,8 k €↓
  8. 2021
    Annual accounts 2021652,4 k €↑
  9. 2020
    Annual accounts 202020,6 k €↑
  10. 2019
    Annual accounts 2019-16,8 k €↑
  11. 2018
    Annual accounts 2018-93,3 k €↓
  12. 2017
    Annual accounts 201784,5 k €↑
  13. 2016
    Annual accounts 2016-167,9 k €↑
  14. 2015
    Annual accounts 2015-169,8 k €↓
  15. 2014
    Annual accounts 2014340,1 k €↑
  16. 2013
    Annual accounts 2013-21,8 k €↓
  17. 2012
    Annual accounts 2012113,4 k €↑
  18. 2011
    Annual accounts 2011-11,5 k €
  19. 10/06/1969
    IncorporationNon-profit organization