ACTIVE

Capstone Partners

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result13,3 M €+98,3 %over 1 year

Revenue547,6 k €+3,2 %over 1 year

Equity61,8 M €+17,7 %over 1 year

Workforce2,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Capstone Partners is a Public limited company incorporated in 1986. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.604.002
Incorporation: 08/01/1986
Legal form: Public limited company
Registered office: Katwilgweg 2
2050 Antwerpen · FlandreSee on map
Contributed capital: 1 200 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.64200Activities of holding companies 64210Activities of holding companies+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 28 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	547,6 k €	+3.2%	530,6 k €	+8.8%	487,5 k €	+9.7%	444,3 k €	+5.1%	422,6 k €
EBITDA	-574,7 k €	+4.7%	-603,3 k €	-84.2%	-327,4 k €	+42.1%	-565,5 k €	-22.7%	-460,7 k €
Operating result	-590,1 k €	+4.6%	-618,7 k €	-80.5%	-342,9 k €	+41.6%	-587,6 k €	-20.5%	-487,6 k €
Net result	13,3 M €	+98.3%	6,7 M €	+23.6%	5,4 M €	-3.3%	5,6 M €	-56.8%	13 M €
Balance sheet
Equity	61,8 M €	+17.7%	52,5 M €	+5.4%	49,8 M €	-2.3%	51 M €	+3.3%	49,4 M €
Total assets	66 M €	+16.4%	56,7 M €	+0.2%	56,5 M €	+2.6%	55,1 M €	+3.0%	53,5 M €
Cash	443,2 k €	+42.2%	311,8 k €	-16.2%	371,8 k €	-52.9%	789,5 k €	-62.1%	2,1 M €
Debts	4,1 M €	-0.2%	4,1 M €	-38.3%	6,7 M €	+63.3%	4,1 M €	+0.1%	4,1 M €
Other
Workforce	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	-6.7%	3,0 ETP	0.0%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie LEYSEN	Director10/06/2019 → 12/06/2028
Thomas LEYSEN	Director19/07/2017 → 12/06/2028Managing director27/02/1986 → 2016 accountsended
Felicity Consult0791.504.360Represented by Filip Platteeuw	Managing director01/11/2023 → 08/06/2026
EXCELLENT MULTI MEDIAS, INFORMATION SYSTEMS, LINKS AND NETWORKS FOR EXECUTIVES0456.856.934Represented by Bruno de Cartier	Director12/06/2023 → 08/06/2026Managing director19/07/2017 → 2022 accountsended
Christophe LEYSEN	Director24/02/2023 → 08/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexia LEYSEN	Director06/09/2010 → 2019 accounts
Philippe LEYSEN	Director30/09/2013 → 2018 accounts

Other companies at this address

Katwilgweg 2 2050 Antwerpen

Company	CBE no.
Capstone Partners GloBE P2 Group● Active	1016.584.051
HOUSE OF RECRUITMENT SOLUTIONS● Active	0728.656.674
KATHOLIEK IMPULS-EN MEDIAFONDS● Active	0409.977.131
MATHER ECONOMICS BELGIUM● Active	0789.726.191
MEDIACORE● Active	0428.604.297
MEDIAHUIS● Active	0439.849.666
MEDIAHUIS● Active	0892.244.897
Mediahuis Partners● Active	0415.969.454
MEDIAHUIS TECHNOLOGY & PRODUCT STUDIO● Active	0429.811.651
Rondom Media● Active	0444.716.591
RouteYou● Active	0873.812.127
UPM● Active	0406.082.778
VERENIGING VAN JOURNALISTEN VAN GAZET VAN ANTWERPEN - VZW● Active	0820.482.220
VLAAMSE RADIO NIEUWSDIENST● Active	0451.704.947
VLAANDEREN EEN● Active	0890.243.036
Vlaanderen Twee● Active	0470.302.619
WAYNE PARKER KENT BELGIË● Active	0692.781.423
WEBPLICATIONS● Active	0895.164.696

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	11/06/2025	10/06/2024	15/06/2023	13/06/2022	17/06/2021
General meeting	08/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 28 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	08/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	08/06/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	09/06/2025	11/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	—	11/06/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	10/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	10/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	15/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	12/06/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	13/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	20/06/2022	22/06/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	16/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	14/06/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	16/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	30/06/2020	10/07/2020	Dutch	PDF
Full model	31/12/2018	10/06/2019	19/06/2019	Dutch	PDF
Consolidated accounts	31/12/2018	10/06/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	12/03/2018	27/03/2018	Dutch	PDF
Abridged model	31/03/2017	04/09/2017	19/10/2017	Dutch	PDF
Abridged model	31/03/2016	05/09/2016	24/10/2016	Dutch	PDF
Abridged model	31/03/2015	07/09/2015	21/10/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	30/09/2013	25/10/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	06/09/2012	Dutch	PDF
Abridged model	31/03/2011	05/09/2011	03/10/2011	Dutch	PDF

View all 28 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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 31/12/2025

5 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie LEYSEN	Director10/06/2019 → 12/06/2028
Thomas LEYSEN	Director19/07/2017 → 12/06/2028Managing director27/02/1986 → 2016 accountsended
Felicity Consult0791.504.360Represented by Filip Platteeuw	Managing director01/11/2023 → 08/06/2026
EXCELLENT MULTI MEDIAS, INFORMATION SYSTEMS, LINKS AND NETWORKS FOR EXECUTIVES0456.856.934Represented by Bruno de Cartier	Director12/06/2023 → 08/06/2026Managing director19/07/2017 → 2022 accountsended
Christophe LEYSEN	Director24/02/2023 → 08/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexia LEYSEN	Director06/09/2010 → 2019 accounts
Philippe LEYSEN	Director30/09/2013 → 2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/06/2026
—
PDF
Mandates19/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other20/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates29/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other28/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2022
ONTSLAGEN - BENOEMINGEN
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

Filings20 filings

Mandates

Stéphanie LEYSEN

Thomas LEYSEN

Felicity Consult

EXCELLENT MULTI MEDIAS, INFORMATION SYSTEMS, LINKS AND NETWORKS FOR EXECUTIVES

Christophe LEYSEN

Alexia LEYSEN

Philippe LEYSEN

Sabina LEYSEN

Christian LEYSEN

1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Capstone PartnersTradicor

Katwilgweg 2, 2050 Antwerp-2050

Director

DirectorManaging director

Managing director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Katwilgweg 2, 2050 Antwerp-2050Current	accounts 2021 → 2025	Accounts 2025 · 2026-00148209

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Capstone PartnersCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00148209
Tradicor	accounts 2021 → 2023	Accounts 2023 · 2024-00122992

Events

2025
Annual accounts 202513,3 M €↑
09/06/2025
reconductionThomas Leysen · bestuurder
09/06/2025
reconductionStéphanie Leysen · bestuurder
09/06/2025
nominationKPMG Bedrijfsrevisoren BV/SRL · commissaris
2024
Annual accounts 20246,7 M €↑
2024
Name changeCapstone Partners
2023
Annual accounts 20235,4 M €↓
01/11/2023
nominationFelicity Consult · bestuurder
01/11/2023
nominationFelicity Consult · gedelegeerd bestuurder
12/06/2023
reconductionThomas Leysen · Bestuurder
12/06/2023
reconductionE-Mile BV · Bestuurder
24/02/2023
nominationChristophe Leysen · bestuurdersmandaat
2022
Annual accounts 20225,6 M €↓
13/06/2022
reconductionThomas Leysen · bestuurder
13/06/2022
reconductionStéphanie Leysen · bestuurder
13/06/2022
reconductionKPMG Bedrijfsrevisoren BV · commissaris
2021
Annual accounts 202113 M €↑
2020
Annual accounts 20202,4 M €↑
2019
Annual accounts 20192,1 M €↓
2018
Annual accounts 20187,1 M €↑
2017
Annual accounts 20172,9 M €↓
2017
Annual accounts 20175,8 M €↑
2016
Annual accounts 20162,5 M €↓
2015
Annual accounts 20152,8 M €↓
2014
Annual accounts 20143,4 M €↓
2013
Annual accounts 201313,3 M €↑
2012
Annual accounts 20124,3 M €↑
2011
Annual accounts 2011-1,3 M €↓
2010
Annual accounts 20104,9 M €↑
2009
Annual accounts 20092,1 M €↓
2008
Annual accounts 20084,2 M €↑
2007
Annual accounts 20071,9 M €
08/01/1986
IncorporationPublic limited company

Capstone Partners

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events