ACTIVE

CAPindus

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

8,7 k €

-95.4% YoY

Gross margin

1,2 M €

-17.8% YoY

Equity

554,5 k €

+1.6% YoY

Workforce

13,9 ETP

-2.1% YoY

What does CAPindus do?

CAPindus is a Private limited company incorporated in 1998. Its main activity is: Management consultancy activities. Its registered office is in Wanze. It employs on average 13,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.946.257

Incorporation

27/03/1998

Legal form

Private limited company

Registered office

Au Tige de Villers(VIN) 3
4520 Wanze · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

13,9 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	-17.8%	1,4 M €	+0.8%	1,4 M €	+33.1%	1 M €	+31.8%	791,6 k €	+12.2%	705,5 k €	+10.1%	641 k €	+9.0%	587,9 k €	+0.6%	584,1 k €	-3.9%	608,1 k €	-7.3%	656 k €	+4.5%	627,6 k €	+25.8%	498,8 k €	+0.7%	495,5 k €	+66.2%	298,1 k €	+60.5%	185,8 k €	-1.1%	187,9 k €	+272%	50,5 k €	+55.1%	32,6 k €	+122%	14,7 k €
EBITDA	101,3 k €	-68.7%	323,5 k €	+26.4%	256 k €	+11.4%	229,9 k €	+55.0%	148,3 k €	+104%	72,8 k €	+80.5%	40,3 k €	+27.3%	31,7 k €	+912%	3,1 k €	+107%	-44,5 k €	-186%	52 k €	+10.0%	47,3 k €	+16.0%	40,8 k €	-61.2%	105,2 k €	+404%	20,9 k €	-37.7%	33,5 k €	-60.8%	85,4 k €	+72.6%	49,5 k €	+57.5%	31,4 k €	+127%	13,9 k €
Operating result	43,4 k €	-84.4%	277,7 k €	+39.3%	199,3 k €	+12.9%	176,6 k €	+50.7%	117,2 k €	+132%	50,4 k €	+197%	17 k €	+15.8%	14,6 k €	+214%	-12,8 k €	+81.8%	-70,7 k €	-427%	21,6 k €	+20.6%	17,9 k €	+107%	8,7 k €	-89.0%	78,6 k €	+2630%	2,9 k €	-85.6%	20 k €	-71.2%	69,7 k €	+67.1%	41,7 k €	+122%	18,8 k €	+762%	2,2 k €
Net result	8,7 k €	-95.4%	188,5 k €	+48.7%	126,8 k €	+13.0%	112,2 k €	+59.5%	70,4 k €	+163%	26,7 k €	+5613%	467,8 €	-88.9%	4,2 k €	+133%	-12,8 k €	+84.4%	-82,2 k €	-3122%	2,7 k €	+591%	394 €	+107%	-5,3 k €	-111%	47,4 k €	+1228%	-4,2 k €	-141%	10,2 k €	-77.7%	45,7 k €	+61.8%	28,2 k €	+61.9%	17,4 k €	+537%	2,7 k €
Balance sheet
Equity	554,5 k €	+1.6%	545,9 k €	+52.7%	357,4 k €	+33.8%	267,2 k €	+72.4%	154,9 k €	+83.2%	84,5 k €	+46.2%	57,8 k €	+0.8%	57,3 k €	+8.0%	53,1 k €	-19.5%	66 k €	-55.5%	148,2 k €	+1.9%	145,5 k €	+0.3%	145,1 k €	-3.5%	150,4 k €	+46.0%	103 k €	-3.9%	107,2 k €	+10.5%	97 k €	+88.8%	51,4 k €	+122%	23,2 k €	-68.0%	72,3 k €
Total assets	1,4 M €	-24.0%	1,8 M €	+80.3%	989,8 k €	+27.8%	774,8 k €	+38.7%	558,8 k €	-9.1%	614,5 k €	+22.0%	503,9 k €	+10.5%	455,9 k €	-9.6%	504,4 k €	-19.4%	626 k €	-13.6%	724,2 k €	+54.1%	470,1 k €	+23.8%	379,7 k €	+13.5%	334,5 k €	-7.5%	361,8 k €	+16.5%	310,4 k €	+62.8%	190,7 k €	+101%	95 k €	+24.3%	76,5 k €	-3.8%	79,5 k €
Cash	245,3 k €	-60.3%	618,2 k €	+194%	210,5 k €	+159%	81,2 k €	+185%	28,5 k €	-57.9%	67,7 k €	+1147%	5,4 k €	-0.6%	5,5 k €	-86.5%	40,6 k €	+261%	11,2 k €	-59.5%	27,7 k €	-71.2%	96,4 k €	+103%	47,5 k €	-30.8%	68,7 k €	+270%	18,6 k €	-67.1%	56,5 k €	-44.4%	101,6 k €	+120%	46,3 k €	+219%	14,5 k €	-71.9%	51,7 k €
Debts	793,2 k €	-35.9%	1,2 M €	+96.8%	628,9 k €	+23.9%	507,7 k €	+25.7%	403,9 k €	-23.8%	530 k €	+19.5%	443,6 k €	+12.0%	396,1 k €	-11.7%	448,9 k €	-19.2%	555,5 k €	-3.5%	575,7 k €	+78.3%	322,9 k €	+37.6%	234,6 k €	+27.4%	184,2 k €	-28.8%	258,7 k €	+28.2%	201,9 k €	+116%	93,6 k €	+114%	43,6 k €	-18.1%	53,3 k €	+648%	7,1 k €
Other
Workforce	13,9 ETP	-2.1%	14,2 ETP	-7.2%	15,3 ETP	0.0%	15,3 ETP	+33.0%	11,5 ETP	+5.5%	10,9 ETP	+0.9%	10,8 ETP	+9.1%	9,9 ETP	-12.4%	11,3 ETP	-3.4%	11,7 ETP	+1.7%	11,5 ETP	+7.5%	10,7 ETP	+11.5%	9,6 ETP	+18.5%	8,1 ETP	+17.4%	6,9 ETP	+103%	3,4 ETP	+36.0%	2,5 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

LW HOLDING

Director · since 14 février 2024 · 1005.575.343

Represented by Ludovic WUILLAUME

Active

Olivier DELHAYE

Director · since 13 juin 2022

Active

Ended mandates

Olivier DELHAYE

Manager · since 01 octobre 2007

Ended

Michel DELHAYE

Administrator - manager · since 13 mars 1998

Ended

Michel DELHAYE

Manager · since 13 mars 1998

Ended

Michel DELHAYE

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
CAPindus Immo● Active	1005.593.555

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
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	31/08/2026	14/07/2025	04/09/2024	04/07/2023	30/09/2022	31/08/2021
General meeting	13/08/2026	30/06/2025	18/07/2024	29/06/2023	30/06/2022	24/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	14/07/2025	French	PDF
Abridged model	31/12/2023	18/07/2024	04/09/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	04/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	08/10/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	03/08/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	07/08/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	07/10/2009	French	PDF
Abridged model	31/12/2007	26/06/2008	19/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

LW HOLDING

Director · since 14 février 2024 · 1005.575.343

Represented by Ludovic WUILLAUME

Active

Olivier DELHAYE

Director · since 13 juin 2022

Active

Ended mandates

Olivier DELHAYE

Manager · since 01 octobre 2007

Ended

Michel DELHAYE

Administrator - manager · since 13 mars 1998

Ended

Michel DELHAYE

Manager · since 13 mars 1998

Ended

Michel DELHAYE

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office25/11/2024
SIEGE SOCIAL
PDF
Mandates18/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/06/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates26/04/2012
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares04/01/2008
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates15/10/2007
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20258,7 k €↓
2024
Annual accounts 2024188,5 k €↑
2023
Annual accounts 2023126,8 k €↑
2022
Annual accounts 2022112,2 k €↑
2021
Annual accounts 202170,4 k €↑
2020
Annual accounts 202026,7 k €↑
2019
Annual accounts 2019467,8 €↓
2018
Annual accounts 20184,2 k €↑
2017
Annual accounts 2017-12,8 k €↑
2016
Annual accounts 2016-82,2 k €↓
2015
Annual accounts 20152,7 k €↑
2014
Annual accounts 2014394 €↑
2013
Annual accounts 2013-5,3 k €↓
2012
Annual accounts 201247,4 k €↑
2011
Annual accounts 2011-4,2 k €↓
2011
Name changeCAPindus
2010
Annual accounts 201010,2 k €↓
2009
Annual accounts 200945,7 k €↑
2008
Annual accounts 200828,2 k €↑
2007
Annual accounts 200717,4 k €↑
2006
Annual accounts 20062,7 k €
2006
Name changeDELHAYE MICHEL
27/03/1998
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CAPindus

Overview

What does CAPindus do?

Trend over 20 financial years

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