ACTIVE

Capital-X (SRL)

Financial year 2025 · closed on 31/12/2025
Net result
328,4 k €
+902.8% YoY
Gross margin
101,5 k €
-0.2% YoY
Equity
490,8 k €
+202.2% YoY
Workforce
1,0 ETP
-41.2% YoY

What does Capital-X do?

Capital-X is a Private limited company incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Aalst. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.590.977
Incorporation
21/10/2019
Legal form
Private limited company
Registered office
Korte Keppestraat 19
9320 Aalst · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin101,5 k €101,7 k €127,3 k €80,7 k €88,1 k €-34,8 k €
EBITDA1,3 k €-36,3 k €-33,2 k €-75,1 k €-34,7 k €-40,1 k €
Operating result1,3 k €-36,3 k €-33,2 k €-75,1 k €-34,7 k €-40,1 k €
Net result328,4 k €-40,9 k €-52,5 k €90,9 k €230,5 k €-70,5 k €
Balance sheet
Equity490,8 k €162,4 k €203,3 k €255,9 k €165 k €-65,5 k €
Total assets1,9 M €1,7 M €1,7 M €1,8 M €1,9 M €1,8 M €
Cash9,1 k €2,3 k €12,6 k €10,6 k €10 k €180,7 k €
Debts1,5 M €1,5 M €1,5 M €1,6 M €1,8 M €1,9 M €
Other
Workforce1,0 ETP1,7 ETP2,1 ETP2,1 ETP2,1 ETP2,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS

Director · since 12 mars 2026 · 0453.040.478

Represented by Hervé Ollagnier

Active
BSCOVERY

Director · since 12 mars 2026 · 0475.918.820

Represented by Alexis le Hodey

Active
MAJA Group

Director · since 12 mars 2026 · 1031.340.622

Represented by François le Hodey

Active
DAZZLE

Director · until 12 mars 2026 · 0887.720.145

Represented by Ilona Stieners

Active
WIN-MANAGEMENT

Director · until 12 mars 2026 · 0895.708.985

Represented by Wim Vancauter

Active

Ended mandates

DAZZLE

Director · since 21 octobre 2019 · 0887.720.145

Represented by Ilona Stieners

Ended
WIN-MANAGEMENT

Director · since 21 octobre 2019 · 0895.708.985

Represented by Wim Van Cauter

Ended
DAZZLE

Director · 0887.720.145

Represented by Ilona Stieners

Ended
WIN-MANAGEMENT

Director · 0895.708.985

Represented by Wim Vancauter

Ended
At this address

Other companies at this address

CompanyCBE no.
BLUECRUXActive
0840.373.851
BLUECRUX GROUPActive
0788.632.071
0728.841.469
CARACTEREActive
0474.874.188
0824.506.136
0882.428.103
Zipaj WorksActive
1021.961.316
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202121/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date11/08/202624/06/202528/08/202416/06/202305/07/202227/10/2021
General meeting21/05/202615/05/202516/05/202419/05/202319/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202611/08/2026DutchPDF
Abridged model31/12/202415/05/202524/06/2025DutchPDF
Abridged model31/12/202316/05/202428/08/2024DutchPDF
Abridged model31/12/202219/05/202316/06/2023DutchPDF
Abridged model31/12/202119/05/202205/07/2022DutchPDF
Abridged model31/12/202020/05/202127/10/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS

Director · since 12 mars 2026 · 0453.040.478

Represented by Hervé Ollagnier

Active
BSCOVERY

Director · since 12 mars 2026 · 0475.918.820

Represented by Alexis le Hodey

Active
MAJA Group

Director · since 12 mars 2026 · 1031.340.622

Represented by François le Hodey

Active
DAZZLE

Director · until 12 mars 2026 · 0887.720.145

Represented by Ilona Stieners

Active
WIN-MANAGEMENT

Director · until 12 mars 2026 · 0895.708.985

Represented by Wim Vancauter

Active

Ended mandates

DAZZLE

Director · since 21 octobre 2019 · 0887.720.145

Represented by Ilona Stieners

Ended
WIN-MANAGEMENT

Director · since 21 octobre 2019 · 0895.708.985

Represented by Wim Van Cauter

Ended
DAZZLE

Director · 0887.720.145

Represented by Ilona Stieners

Ended
WIN-MANAGEMENT

Director · 0895.708.985

Represented by Wim Vancauter

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office30/12/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office03/04/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other23/10/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025328,4 k €
  2. 2024
    Annual accounts 2024-40,9 k €
  3. 2023
    Annual accounts 2023-52,5 k €
  4. 2022
    Annual accounts 202290,9 k €
  5. 2021
    Annual accounts 2021230,5 k €
  6. 2020
    Annual accounts 2020-70,5 k €
  7. 21/10/2019
    IncorporationPrivate limited company