A.P.E.
ActiveSummary
A.P.E. has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.2m and a net result of -€424,939. Equity has been shrinking by about 5.2% per year since 2018. Its solvency ranks better than 95% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-03-1999 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Business and other management consultancy NACE 70200
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
- Establishment unit
- 2.091.088.881 2000 Antwerpen, since 20-05-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 10-09-2025
Board and ownership
Board
- De Landsheer BenoîtDirector · since 31-05-2023
- Van Belle AnoukDirector · since 31-05-2023
- Verbeeck EricDirector · since 31-05-2023
- Holdings
- Shares in 4 companies including Smart2Rent and FOXREAL INVEST
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- -€196,121
- ▼ 21.4%
- Loss
- €424,939
- ▼ 69.9%
- Equity
- €7.2m
- ▼ 21.2%
- Total assets
- €7.3m
- ▼ 21.2%
- Staff
- ≈ 2 FTE
- estimated
Turnover not published (abbreviated format)
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskLoss of €424,939, the second in a row (financial year 2025)lowers riskSize: total assets €7.3mSector: Activities of head offices; management consultancy activities (NACE 70)Equity €7.2m (98.0% of total assets)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of small companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 98.0% of total assets
Liquidity
70-6
short-term debt 2.0% · cash 15.9%
Profitability
11+11
return on assets -5.8%
Bankruptcy probability within 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).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.63 (25.67 in 2024), above the usual 1.5. Short-term debt is 2% and cash 15.9% of total assets. 2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 70, small). It does better than 85% of them on solvency, 89% on liquidity, 3% on profitability and 10% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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
1819202122232425
2018 to 2025 · latest year -€424,939
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
35 days early
2023
33 days early
2022
48 days early
2021
21 days early
2020
64 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 27 filings
Equity
€7.2m▼ 21.2%
2024 · €9.1m
Total assets
€7.3m▼ 21.2%
2024 · €9.3m
Net result
-€424,939▲ 69.9%
2024 · -€1.4m
Working capital
€2.5m▼ 42.1%
2024 · €4.4m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €353,473, smaller than the loss of €372,467 in 2024.
Operating result-€0.4m
2025
Net result-€0.4m
2025
Total assets€7.3m
2025
Equity€7.2m
2025
Debt€0.1m
2025
Working capital€2.5m
2025
Return on assets (ROA)-5.8%
2025
Solvency98.0%
2025
Current ratio18.63
2025
Staff (FTE)1.8
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.8m-€0.3m▼ 58.3%-€0.06m-€0.3m▼ 521%-€0.4m▼ 9.9%-€0.5m▼ 42.8%-€0.4m▲ 31.3%-€0.4m▲ 5.1%
Net result€4.8m-€1.0m▼ 79.7%€1.4mabove the sector's middle half▲ 42.4%€0.1mabove the sector's middle half▼ 89.3%-€0.2mbelow the sector's middle half€1.0mabove the sector's middle half-€1.4mbelow the sector's middle half-€0.4mbelow the sector's middle half▲ 69.9%
Equity€11.1m-€12.1m▲ 8.7%€12.5mabove the sector's middle half▲ 3.2%€12.1mabove the sector's middle half▼ 2.8%€11.0mabove the sector's middle half▼ 9.5%€11.0mabove the sector's middle half=€9.1mabove the sector's middle half▼ 17.4%€7.2mabove the sector's middle half▼ 21.2%
Total assets€11.2m-€12.3m▲ 9.7%€12.5mabove the sector's middle half▲ 1.8%€12.7mabove the sector's middle half▲ 1.3%€13.0mabove the sector's middle half▲ 2.6%€12.0mabove the sector's middle half▼ 8.0%€9.3mabove the sector's middle half▼ 22.8%€7.3mabove the sector's middle half▼ 21.2%
Debt€0.09m-€0.2m▲ 125%€0.05m▼ 76.2%€0.6m▲ 11×€2.1m▲ 267%€1.0m▼ 51.1%€0.2m▼ 82.3%€0.1m▼ 19.1%
Working capital€7.1m-€9.2m▲ 28.4%€8.4mabove the sector's middle half▼ 7.8%€7.4mabove the sector's middle half▼ 12.6%€6.2mabove the sector's middle half▼ 15.7%€6.4mabove the sector's middle half▲ 2.2%€4.4mabove the sector's middle half▼ 30.9%€2.5mabove the sector's middle half▼ 42.1%
Solvency99.2%-98.3%▼ 0.9pp99.6%above the sector's middle half▲ 1.3pp95.6%above the sector's middle half▼ 4.0pp84.3%above the sector's middle half▼ 11.3pp91.6%above the sector's middle half▲ 7.4pp98.1%above the sector's middle half▲ 6.5pp98.0%above the sector's middle half▼ 0.1pp
Current ratio79.10-45.65▼ 33.4514.20above the sector's middle half4.03above the sector's middle half▼ 10.177.33above the sector's middle half▲ 3.3025.67above the sector's middle half▲ 18.3518.63above the sector's middle half▼ 7.04
Return on assets (ROA)42.6%-7.9%▼ 34.7pp11.0%within the sector's middle half▲ 3.1pp1.2%within the sector's middle half▼ 9.9pp-1.2%below the sector's middle half▼ 2.4pp8.4%within the sector's middle half▲ 9.6pp-15.2%below the sector's middle half▼ 23.6pp-5.8%below the sector's middle half▲ 9.4pp
Staff (FTE)2.3-2.3=2.5within the sector's middle half▲ 8.7%2.3within the sector's middle half▼ 8.0%2.3within the sector's middle half=2.3within the sector's middle half=1.8within the sector's middle half▼ 21.7%
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.3m
Fixed assets
€4.6m ▼ 1.6%
Current assets
€2.7m ▼ 41.2%
Equity and liabilities €7.3m
Equity
€7.2m ▼ 21.2%
Debt
€144,032 ▼ 19.1%
Debt's share of the balance-sheet total rises from 1.9% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€350,627▲
2024 · -€368,839
Cash flow
-€422,093▲
2024 · -€1.4m
Debt to equity
0.02▲
2024 · 0.02
ROE
-5.9%▲
2024 · -15.5%
Interest coverage
-48.72▼
2024 · -34.47
Debt ≤ 1 year
€144,032▼
2024 · €177,936
Staff costs
€153,087▼
2024 · €205,846
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 3 | 1 |
| full-time | 1 | 1 | 1 | 0 |
| part-time | 2 | 2 | 2 | 1 |
| in full-time equivalents | 2.3 | 2.3 | 2.3 | 0.8 |
| Average over the year, in full-time equivalents | 2.3 | 2.3 | 2.3 | 1.8 |
| On a permanent contract | 3 | 3 | 3 | 1 |
| Joined | - | - | - | 0 |
| Left | - | - | - | 2 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €20,237 | €1,288 | €4,727 | €1,226 | €8,024 |
| Financial fixed assets | €1.3m | - | €664,000 | €1.6m | €853,333 |
| Depreciation and write-downs of the year | €13,491 | €13,718 | €4,661 | €3,628 | €2,846 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as A.P.E.: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €6.8m and €8.2m, founded between 1998 and 2001.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| A.P.E. Antwerpen | 1999 | €7.3m | €7.2m | -€0.2m | -€0.4m | - | 2025 |
| DATINILARE HOLDING Brecht | 1999 | €7.4m | €7.2m | -€0.001m | -€0.003m | - | 2025 |
| Laguinda Putte | 1999 | €7.1m | €6.4m | -€0.04m | -€0.07m | 0 | 2025 |
| Lansekyn Jodoigne | 1999 | €7.1m | €5.6m | -€0.3m | €1.6m | - | 2025 |
| I.M.C.S. Sprimont | 1998 | €6.8m | €6.7m | -€0.03m | €0.02m | - | 2025 |
| EXAL Oostkamp | 2001 | €7.1m | €0.6m | -€0.01m | -€0.03m | - | 2025 |
| MARNE & FINANCE EUROPE Watermaal-Bosvoorde | 1999 | €8.2m | €7.8m | -€0.04m | -€0.04m | - | 2025 |
They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.005m | €0.004m | €0.003m | ▼ 21.5% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.002m | €0.001m | €0.001m | ▲ 2.5% |
| Gross operating margin9900 | €1.0m | €0.6m | €0.2m | -€0.1m | -€0.2m | -€0.3m | -€0.2m | -€0.2m | ▼ 21.4% |
| Operating profit (loss)9901 | €0.8m | €0.3m | -€0.06m | -€0.3m | -€0.4m | -€0.5m | -€0.4m | -€0.4m | ▲ 5.1% |
| Financial income75/76B | - | - | - | €0.5m | €0.3m | €1.6m | €0.6m | €0.3m | ▼ 50.6% |
| Recurring financial income75 | €4.0m | €0.6m | €1.5m | €0.4m | €0.2m | €0.3m | €0.4m | €0.1m | ▼ 67.4% |
| Non-recurring financial income76B | - | - | - | €0.05m | €0.01m | €1.2m | €0.2m | €0.2m | ▼ 15.0% |
| Financial charges65/66B | - | - | - | €472 | €0.03m | €0.04m | €1.6m | €0.3m | ▼ 78.4% |
| Recurring financial charges65 | €0.001m | €0.001m | €0.01m | €472 | €0.03m | €0.04m | €0.01m | €0.007m | ▼ 32.7% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €1.6m | €0.3m | ▼ 78.7% |
| Profit (loss) for the period before taxes9903 | €4.8m | €1.0m | €1.4m | €0.1m | -€0.2m | €1.0m | -€1.4m | -€0.4m | ▲ 69.9% |
| Income taxes67/77 | €207 | €198 | €180 | €133 | - | - | - | - | - |
| Profit (loss) for the period9904 | €4.8m | €1.0m | €1.4m | €0.1m | -€0.2m | €1.0m | -€1.4m | -€0.4m | ▲ 69.9% |
| Profit (loss) for the period to be appropriated9905 | €4.8m | €1.0m | €1.4m | €0.1m | -€0.2m | €1.0m | -€1.4m | -€0.4m | ▲ 69.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.2m | €12.3m | €12.5m | €12.7m | €13.0m | €12.0m | €9.3m | €7.3m | ▼ 21.2% |
| Fixed assets21/28 | €4.0m | €2.9m | €4.0m | €4.8m | €4.8m | €4.6m | €4.7m | €4.6m | ▼ 1.6% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.08m | €0.08m | €0.07m | €0.07m | €0.07m | €0.07m | ▲ 7.4% |
| Land and buildings22 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.006m | €0.006m | €0.004m | €0.004m | ▲ 3.4% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 31.5% |
| Financial fixed assets28 | €3.9m | €2.9m | €4.0m | €4.7m | €4.7m | €4.6m | €4.6m | €4.5m | ▼ 1.7% |
| Current assets29/58 | €7.2m | €9.4m | €8.5m | €7.9m | €8.3m | €7.4m | €4.6m | €2.7m | ▼ 41.2% |
| Amounts receivable after more than one year29 | - | - | - | €0.6m | €0.05m | €0.01m | €0.3m | €0.4m | ▲ 45.7% |
| Other amounts receivable291 | - | - | - | €0.6m | €0.05m | €0.01m | €0.3m | €0.4m | ▲ 45.7% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.08m | €5.1m | €0.8m | €0.9m | €1.3m | €1.1m | ▼ 19.8% |
| Trade receivables40 | - | - | - | €0.05m | €0.1m | €0.03m | €0.05m | - | - |
| Other amounts receivable41 | - | - | - | €5.1m | €0.7m | €0.9m | €1.3m | €1.1m | ▼ 16.9% |
| Current investments50/53 | - | - | - | - | - | €3.0m | €1.0m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4.5m | €4.3m | €3.8m | €2.2m | €7.3m | €3.4m | €1.9m | €1.2m | ▼ 39.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.05m | €0.007m | €0.003m | €0.002m | ▼ 39.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.2m | €12.3m | €12.5m | €12.7m | €13.0m | €12.0m | €9.3m | €7.3m | ▼ 21.2% |
| Equity10/15 | €11.1m | €12.1m | €12.5m | €12.1m | €11.0m | €11.0m | €9.1m | €7.2m | ▼ 21.2% |
| Contributions10/11 | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | = |
| Capital10 | - | - | - | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | = |
| Issued capital100 | - | - | - | €5.4m | €5.4m | €5.4m | €5.4m | €5.4m | = |
| Reserves13 | €5.7m | €6.7m | €7.1m | €6.7m | €5.6m | €5.6m | €3.7m | €1.8m | ▼ 52.4% |
| Non-distributable reserves130/1 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Legal reserve130 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Distributable reserves133 | - | - | - | €6.3m | €5.2m | €5.2m | €3.3m | €1.3m | ▼ 59.0% |
| Amounts payable17/49 | €0.09m | €0.2m | €0.05m | €0.6m | €2.1m | €1.0m | €0.2m | €0.1m | ▼ 19.1% |
| Amounts payable within one year42/48 | €0.09m | €0.2m | €0.05m | €0.6m | €2.1m | €1.0m | €0.2m | €0.1m | ▼ 19.1% |
| Financial debts43 | - | - | - | - | - | €0.3m | €0.1m | €0.1m | ▼ 13.4% |
| Other loans439 | - | - | - | - | - | €0.3m | €0.1m | €0.1m | ▼ 13.4% |
| Trade debts44 | €0.03m | €0.01m | €0.02m | €0.03m | €1.5m | €0.2m | €0.008m | €0.02m | ▲ 163% |
| Suppliers440/4 | - | - | - | €0.03m | €1.5m | €0.2m | €0.008m | €0.02m | ▲ 163% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 3.5% |
| Taxes450/3 | - | - | - | €0.009m | - | €0.007m | €0.006m | €0.005m | ▼ 8.3% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 1.7% |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.5m | €0.5m | €0.03m | €0.002m | ▼ 94.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4.8m | €1.0m | €1.4m | €0.1m | -€0.2m | €1.0m | -€1.4m | -€0.4m | ▲ 69.9% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.005m | €0.004m | €0.003m | ▼ 21.5% |
| Operating cash flow (approximation) | €4.8m | €1.0m | €1.4m | €0.2m | -€0.1m | €1.0m | -€1.4m | -€0.4m | ▲ 70.0% |
| Investment in fixed assets (approximation) | - | €1.0m | -€1.1m | -€0.7m | -€0.01m | €0.1m | -€0.06m | €0.07m | - |
| Change in cash | - | -€0.1m | -€0.6m | -€1.5m | €5.1m | -€3.9m | -€1.5m | -€0.8m | ▲ 50.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-06-2026 | 2026-00204411 | NBB |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00186665 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00183499 | |
| 31-12-2022 | abbreviated format | 13-06-2023 | 2023-00122592 | |
| 31-12-2021 | abbreviated format | 10-07-2022 | 2022-20170702 | |
| 31-12-2020 | abbreviated format | 28-05-2021 | 2021-15600553 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-38700393 | |
| 31-12-2018 | abbreviated format | 08-08-2019 | 2019-45000061 | |
| 31-12-2017 | abbreviated format | 26-06-2018 | 2018-25100284 | |
| 31-12-2016 | abbreviated format | 27-08-2017 | 2017-51000218 |
Board & ownership
Directors
Directors
4 directors, last change in 2023
Owners and capital
Capital transactions
Capital over time
- 13-11-2023 Capital stated in the deed · €5,400,000 · 7,152 shares
Mandate history
4 people, 4 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Landsheer Benoît |
|
| Van Belle Anouk |
|
| Verbeeck Eric |
|
| Verbeeck Stéphane |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “16, WVV voorziet niet welke procedure voor wijziging bestuursmodel”
Articles of association, deed of 13-11-2023 (in Dutch)
Network & group
Holdings and subsidiaries
4 holdings · 5 subsidiaries, including indirect onesHoldings 4
Source for every holding own accounts 2025
- Smart2RentsubsidiaryEquity €1.4m Loss of €37,723 in 2025 (loss of €32,154 in 2024) Checked score 9399.57%
- FOXREAL INVESTPTsubsidiaryEquity €135,133Result -€8,04493.53%
- DIM DININGsubsidiaryEquity €356,158 Loss of €6,253 in 2025 (profit of €59,004 in 2024) Checked score 8765.8%
- PORTUGAL REAL ESTATE INVESTMENTS COMPANYsubsidiaryEquity €4.3m Profit of €228,323 in 2025 (loss of €2.8m in 2024) Checked score 8765.76%
Former holdings (3)
-
5%
-
5%
-
5%
All subsidiaries, including indirect ones 5
A.P.E. or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
- Smart2Rent 99.57%
- FOXREAL INVESTPT 93.53%
- DIM DINING 65.8%
PORTUGAL REAL ESTATE INVESTMENTS COMPANY 65.76%1 subsidiary
- New Life Portugal, II, LDAPT 98.71%
Board mandates elsewhere
3 board mandatesBoard mandates of A.P.E.A.P.E. sits on their board3
Companies at the same address
9 other companies- QUERCUS Registered office · since 2021 0835875130
- PORTUGAL REAL ESTATE INVESTMENTS COMPANY Registered office · since 2018 0713600096
- DIM DINING Registered office · since 2017 0672458735
- Smart2Rent Registered office · since 2017 0670444402
- CANTERBEKE Establishment · since 2002 0476950087
- MOVAST Establishment · since 2001 0475006129
- LUC RAEYMAECKERS - ADVOCAAT Registered office · since 1999 0467134083
- HARO Establishment · since 1998 0463984553
- Stichting Vrijere Muziek Registered office · since 1979 0420229833
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Belgische Scheepvaartmaatschappij-Compagnie Maritime Belge
Shared director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
26-06
abbreviated format · 35 days before the deadline
2025
26-06
abbreviated format · 35 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€1.4m
The net result drops to -€1.4m, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Liquidity more than triplescurrent ratio 25.67
The current ratio rises from 7.33 to 25.67. Short-term debt falls from €1.0m to €177,936.
28-06
abbreviated format · 33 days before the deadline
2023
31-12
Financial
Back to profitnet €1.0m
The net result is €1.0m, after one loss-making year.
13-11
Gazette deed
Amendment of the articlesRegistered office clause · Board rule · Capital5 points ▸
Gazette deed
Amendment of the articles
Registered office clause · Board rule · Capital5 points ▸
- Registered office clause, “Schildersstraat 2 te 2000 Antwerpen” (deed in Dutch)
- General meeting, 10-10-2023
- Amendment of the articles
- Board rule, “monistisch, keuze bestuursmodel” (deed in Dutch)
- Capital, €5,400,000
19-07
Gazette deed
Reappointments: Verbeeck Eric, Verbeeck Stéphane and 2 others5 points ▸
Gazette deed
Reappointments: Verbeeck Eric, Verbeeck Stéphane and 2 others
5 points ▸
- General meeting, 31-05-2023
- Director reappointment, Verbeeck Eric (director)
- Director reappointment, Verbeeck Stéphane (director)
- Director reappointment, De Landsheer Benoît (director)
- Director reappointment, Van Belle Anouk (director)
13-06
abbreviated format · 48 days before the deadline
2022
10-07
abbreviated format · 21 days before the deadline
2021
28-05
abbreviated format · 64 days before the deadline
2020
31-12
Financial
Liquidity more than triplescurrent ratio 173.95
The current ratio rises from 45.65 to 173.95. Short-term debt falls from €205,197 to €48,838.
Show earlier events
31-07
abbreviated format · on the deadline day
2019
08-08
abbreviated format · 8 days late
2018
26-06
abbreviated format · 35 days before the deadline
2017
27-08
abbreviated format · 27 days late
1999
03-04
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
A.P.E. in Dutch
Enterprise number
0465.731.642
Legal form
Public limited company
Status
Active, normale toestand
Founded
26-03-1999
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-11-2023 (in Dutch)Registered office and establishments
Registered office
Schildersstraat 2, 2000 Antwerpen, Belgium
Establishment unit
Schildersstraat 2, 2000 Antwerpen since 20-05-1999 · unit number 2.091.088.881
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
Social security (RSZ) activities
70200
Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
70220
Business consulting main activity
Social security (RSZ) activities
70220
Business consulting main activity
Codes under NACEBEL 2003
VAT activities
74142
main activity
Social security (RSZ) activities
74142
main activity
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2021
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 13-11-2023 (in Dutch)
“Het beheren van bedrijven, onder meer door het uitvoeren van, of het deelnemen in de organisatie, herstructurering of leiding, het geven van…”
6 activities
- Het beheren van bedrijven, onder meer door het uitvoeren van, of het deelnemen in de organisatie, herstructurering of leiding, het geven van adviezen op technisch, commercieel, juridisch en financieel gebied, het verstrekken van advies inzake bedrijfsbeheer, management en in het algemeen consultancy, dit alles in de breedste zin, zodat alles kan gedaan worden dat het ontstaan, de uitbating, de groei en het welzijn van een onderneming, en de belangen van haar eigenaars en betrokkenen kan ten goede komen.
- De onderneming in alle transacties met betrekking tot onroerende goederen zowel bebouwd als onbebouwd, omvattende onder meer aankoop, verkoop, huren, verhuren, verkavelen, als promotor of projectontwikkelaar optreden, makelen, leasen voor de exploitatie en de financiering zorg dragen, alsmede de onderneming van bouwwerken in het algemeen omvattende het optrekken van gebouwen (ruwbouw en onder dak zetten), alsmede de gehele of gedeeltelijke uitvoering van voltooiing-werken.
- Het beheren van eigen onroerend en roerend vermogen onder meer door het verwerven en valoriseren van alle patrimoniumbestanddelen, zo roerende als onroerende, materiële en immateriële; het nemen van participaties in ondernemingen en bezittingen, dit alles in de breedste zin, zodat alles kan gedaan worden dat het veilig beheer, de opbrengst en de groei van een patrimonium kan ten goede komen.
- Alle vervoer te land, water en in de lucht en alle activiteiten betrekking hebbende met het vervoerbedrijf in het algemeen.
- De aankoop, verkoop, leasing, huur en verhuur, de handel en de uitbating van voertuigen, vliegtuigen, schepen en alle andere vervoermiddelen met of zonder bemanning.
- Alle activiteiten van rentmeester en syndicus, beheer van woongelegenheden.
Invoicing and payment
VAT number
BE 0465.731.642
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“JAARVERGADERING: Ieder jaar wordt een gewone algemene vergadering van aandeelhouders - ook jaarvergadering genoemd - gehouden op de zetel of…”
deed of 13-11-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
155 m²
Building footprint
155 m²
Building volume
2,026 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11811L3615/00L000 | Flanders | 155 m² | 1 · 155 m² | 18.8 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.