A.P.C. CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of A.P.C. CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €43k and a net result of €-14k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 4477 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+47
Solvency79▲+1
Growth62=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 3.16 in 2024; short-term debt: 20.4% and cash: 34.8% of total assets), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54%
Return on assets
-17.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
27 d late
2024
53 d late
2023
29 d late
2022
9 d late
2021
31 d late
2020
25 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€500k▲ 31.0%
2022 · €382k
2019: €255k
2020: €333k
2022: €382k
2019 → 2024
EBIT margin
-5.2%▼ 6.7pp
2022 · 1.4%
2019: 6.9%
2020: 10.3%
2022: 1.4%
2019 → 2024
Net result
€-14k▲ 32.8%
2024 · €-21k
2019: €18k
2020: €28k
2021: €12k
2022: €-10k
2023: €29k
2024: €-21k
2019 → 2025
Working capital
€26k▼ 29.0%
2024 · €37k
2019: €16k
2020: €45k
2021: €45k
2022: €38k
2023: €63k
2024: €37k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€382k€500k
Equity€58k-€48k▼ 17.4%€77k▲ 60.8%€57k▼ 26.9%€43k▼ 24.7%
Operating result€25k-€5k▼ 78.6%€38k▲ 597%€-26k€-7k▲ 71.5%
Net result€12k-€-10k€29k€-21k€-14k▲ 32.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€37k▼ 30.3%
Current assets
€42k▼ 21.6%
Equity and liabilities €79k
Equity
€43k▼ 24.7%
Debt
€36k▼ 27.2%
The debt ratio falls from 46.8% to 46.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €-14k
Cash flow
€3k▲
2024 · €-9k
Solvency
54.0%▲
2024 · 53.2%
Current ratio
2.62▼
2024 · 3.16
Quick ratio
2.62▼
2024 · 3.16
Debt / equity
0.85▼
2024 · 0.88
ROE
-32.9%▲
2024 · -36.8%
ROA
-17.8%▲
2024 · -19.6%
Interest coverage
7.83▲
2024 · -12.77
Debt
€36k▼
2024 · €50k
Debt ≤ 1 year
€16k▼
2024 · €17k
Debt > 1 year
€20k▼
2024 · €33k
Income taxes
€5k▲
2024 · €-6k
Staff costs
€47k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€106k€79k▼
Fixed assets21/28€52k€37k▼
Tangible fixed assets22/27€52k€37k▼
Furniture and vehicles24€50k€37k▼
Leasing and similar rights25€3k-
Current assets29/58€54k€42k▼
Amounts receivable within one year40/41€14k€15k▲
Trade receivables40€11k€13k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€40k€27k▼
Equity and liabilities
Total equity and liabilities10/49€106k€79k▼
Equity10/15€57k€43k▼
Contributions10/11€100€100=
Profit (loss) carried forward14€56k€42k▼
Amounts payable17/49€50k€36k▼
Amounts payable after more than one year17€33k€20k▼
Financial debts170/4€33k€20k▼
Amounts payable within one year42/48€17k€16k▼
Current portion of amounts payable after more than one year42€14k€13k▼
Trade debts44€76€172▲
Suppliers440/4€76€172▲
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€3k-
Remuneration and social security454/9€3k-
Other amounts payable47/48-€2k
Income statement
Code20242025
Turnover70€500k-
Goods, raw materials, services and sundry goods60/61€513k-
Remuneration, social security and pensions62-€47k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-13k€57k▲
Operating profit (loss)9901€-26k€-7k▲
Financial income75/76B-€30
Recurring financial income75-€30
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-27k€-9k▲
Income taxes67/77€-6k€5k▲
Profit (loss) for the period9904€-21k€-14k▲
Profit (loss) for the period to be appropriated9905€-21k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€42k▼
Profit (loss) brought forward from the previous period14P€77k€56k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Weakest financial yearnet €-21k ▼171%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 21.20
Current ratio from 2.84 to 21.20; short-term debt falls from €20k to €3k.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 6.64
Current ratio from 2.11 to 6.64; short-term debt falls from €41k to €8k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jetsesteenweg 2641081 KoekelbergGround area
834 m²
Building footprint
446 m²
Volume, LiDAR
10,931 m³
2 parcels, Brussels · tallest building 41.8 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
A.P.C. CONSTRUCT
since 20182.290.245.422
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0043/00P002 | Brussels | 426 m² | 1 · 116 m² | 18.2 m · 5 fl. |
| 21562A0004/02C000 | Brussels | 408 m² | 1 · 330 m² | 41.8 m · 13 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0754.489.358
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AURAACHT
BE 0664.746.641
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TOITURE DOUMONT-BOITTE
BE 0633.558.864
Ath · Eq €43k
ACB CLEAN
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Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 1,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2018
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:apconstruct2018@gmail.com