Company Profile — Capitol Development s.r.o.

Legal & Registration Data

Addresses

Contact

Ownership Structure

MUDr. Pavel Baránek (physical person, Prague)
  └── 100% owns Capitol Dev Services s.r.o. (ICO: 28527402)
        └── 90% owns Capitol Development s.r.o. (ICO: 45307156)
              └── operates MediFlow, ProCES, MAX

Note: Capitol Dev Services s.r.o. was renamed from "Benefity Services s.r.o." on 23 Jun 2025 (previously "AllaVita s.r.o." until 5 Apr 2024). The UBO is a medical doctor — aligns with healthcare domain.

Management

Flag: Recent management change (Jun 2025) — investigate reason.

Business Activities (NACE)

Certifications

• ISO/IEC 27001:2022 (obtained 2025) — Information security management

Products

1. ProCES (Professional Centralized Enterprises System)

Features:

• Time tracking
• Internal communications
• Project management
• Reward systems
• Process automation for reducing routine administrative tasks

2. MediFlow

Capabilities:

• Outpatient care management (ambulantní péče)
• Inpatient/hospital care management (lůžková péče)
• Patient record management
• Clinical workflows

3. MAX (Medical Automated Communication)

Function: Automated examination ordering and communication system for healthcare.

Financial Data

Employees

• Headcount range: 10–19 (consistent across all reported years)

Revenue & Profit (from public filings)

Note on 2015–2018 data: Public aggregators show revenue figures in the billions of CZK range for 2015–2018, which is inconsistent with a 10–19 person software company. This likely reflects data aggregation errors or inclusion of related-entity financials. Requires verification from audited statements.

Key Ratios (2018, unverified)

Warning: These numbers need independent verification. The asset base seems disproportionately large for the reported revenue and headcount. Possible explanations: real estate holdings (NACE 68310), IP valuation, or data error.

Timeline

Key Questions & Flags

Red Flags to Investigate

1. Recent management change (Jun 2025) — Vladimír Beran replaced Tomáš Hubáček. Why?
2. Parent company renamed 3 times in 2 years (original → AllaVita → Benefity Services → Capitol Dev Services) — corporate cleanup after Benefity a.s. divestiture
3. Tiny registered capital (120k CZK / ~€5k) for a company with 1M+ patient records
4. Missing 10% shareholder — Capitol Dev Services holds 90%, who has the other 10%?
5. No financial filings after 2013 in sbírka listin for Capitol Development (compliance issue)
6. 345-day receivables turnover (2018) — extremely slow collections
7. Financial data contaminated by former Benefity/Sodexo parent group numbers
8. Ahwa a.s. created Oct 2025 — new asset management vehicle. Asset stripping risk?
9. UBO (Baránek) recently acquired the parent from BENEFITY a.s. (Jun 2025) — fresh ownership

Positive Signals

1. 30+ year history — stable, long-running business since 1993
2. 1,067,500+ patient records in MediFlow — massive switching costs
3. 23,471+ ProCES users — cross-sell opportunity
4. 74,082+ monthly MAX orders — active usage
5. ISO 27001:2022 — serious about information security
6. UBO is a medical doctor — deep domain expertise at ownership level
7. Three product lines — diversified revenue (MediFlow + ProCES + MAX)
8. A+ credit rating (85.63/100) — no insolvency risk
9. Reliable VAT payer — clean tax history
10. Corso Karlín office — premium Prague location, signals stability

Critical Data Gaps

• Audited financial statements 2019–2024 (post-Benefity era, actual software revenue)
• Parent's 2021–2023 závěrky from justice.cz (filed, 5 pages each — need PDF access)
• Missing 10% shareholder identity
• Customer count, retention rate, churn
• Revenue split by product (MediFlow vs ProCES vs MAX)
• MediFlow technical architecture and stack
• Pricing model and average revenue per clinic
• Team composition, org chart, key-person risk
• Reason for Jun 2025 management change
• Purpose of Ahwa a.s. in the group structure

Related Documents

• Corporate Structure & Entity Map
• Financial Data
• Market Landscape