Capstone Partners

Active

Public limited companyfounded 1986active for 40 yearsKatwilgweg 2, 2050 Antwerpen, Belgium22 active companies are registered at this addressKBO/BCE: BE 0428.604.002

Summary

Capstone Partners has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61.8m and a net result of €13.3m, of which €10.8m non-recurring income. Equity is growing by about 5% per year across the filed financial years. Its solvency ranks better than 91% of 1,160 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

Capstone PartnersActiveChecked score 94/100

Risk analysis Report Compare

Activity

Other business support services

NACE 82990Business and other management consultancy NACE 70200

10th largest company by equity in the province of Antwerp, Office administrative support sector1 site

Size

€547,567turnover 2025

Staff: 2.8 FTE
Equity: €61.8m
Profit: €13.3m

Standalone figures, without subsidiaries

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Board: 5 members
Holdings: 1

Auditor: Emile BV2025 accounts 53 days early

Why 94raises riskLiquidity: current ratio 7.89, cash €443,224Size: turnover €547,567, 2.8 FTE, total assets €66.0m, files consolidated accountslowers riskFounded in 1986Equity €61.8m (93.7% of total assets)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 52% of its sector peers (NACE 82, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 93.7% of total assets

Liquidity 51=

short-term debt 6.3% · cash 0.7%

Profitability 29+7

return on assets 20.2%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,649 companies, NACE 82, micro)

Last 24 months 07-2026: 0.1%highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity ample (current ratio 7.89, compared with 6.11 in 2024, above the usual 1.5; short-term debt: 6.3% and cash: 0.7% of total assets), and 6.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 88% on solvency, 42% on liquidity, 18% on profitability and 60% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 7.89, cash €443,224

NBB · annual accounts

Founded in 1986

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €61.8m (93.7% of total assets)

NBB · annual accounts

Size: turnover €547,567, 2.8 FTE, total assets €66.0m, files consolidated accounts

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

53 days early

2024

50 days early

2023

51 days early

2022

46 days early

2021

48 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 50 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-06-2026 Resignations: Christophe Leysen, Felicity Consult BV…Reappointments: Christophe Leysen (director) and…
08-06-2026 Annual accounts filedfinancial year 2025 · full…
08-06-2026 Annual accounts filedfinancial year 2025 · consolidated

Key points

Result rose in 2025mostly a one-off income of €10.8m ▲ 98.3% View
Positive: Among the best 5% on net resultsector median €48,922 · 1,161 companies €13.3m View
Positive: 7 years of growth in a rowturnover 2025: €547,567 7 years View
Heads a groupcompanies controlled 23 View
A director leftlatest change 30-06-2026 · 5 in office 1 left View
Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year: 2025
Turnover: €547,567
Profit: €13.3m
Solvency: 93.7%

Turnover▲ 3.2%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members
Auditor: Emile BV

Thomas LeysenDirector
Stéphanie LeysenDirector
Christophe LeysenDirector
E-MileBVDirector
Felicity ConsultDirector

Go to Board & ownership

Network & group

Subsidiaries, all levels: 23
Direct holdings: 1
Connected companies: 25

23 subsidiaries

Go to Network & group

Timeline

Events: 71
Since: 1988
Next accounts: by 31-07-2027

31-12-2025Highest result from 2018 to 2025
19-08-2025Reappointments: KPMG Bedrijfsrevisoren BV/SRL, Thomas Leysen and…
11-06-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other business support servicesNACE 82990
Founded: 08-01-1986
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 9

Purpose: “Alle activiteiten van management en consultant, alle werkzaamheden die rechtstreeks of…” (deed in Dutch)

Go to Articles of association

Key facts about Capstone Partners

What is the company number of Capstone Partners?: 0428.604.002. In Belgium the VAT number is the company number with BE in front: BE 0428.604.002.
Where is Capstone Partners based?: The registered office is at Katwilgweg 2, 2050 Antwerpen.Company details
What does Capstone Partners do?: According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Capstone Partners?: Public limited company (NV).
When was Capstone Partners founded?: On 08-01-1986.
Is Capstone Partners still active?: Yes, Capstone Partners is an active enterprise in the KBO register.
How many employees does Capstone Partners have?: On average 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Capstone Partners?: €547,567 in financial year 2025, according to the filed annual accounts.
Is Capstone Partners profitable?: In financial year 2025, Capstone Partners made a profit of €13.3m.
Where can I find the annual accounts of Capstone Partners?: Capstone Partners filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Capstone Partners due?: By 31-07-2027, for financial year 2026.Timeline