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A.P.I.

Active
Private limited companyfounded 2009active for 16 yearsParkstraat 13, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0820.394.623
Summary

A.P.I. has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,894 and a net result of €171,318. Equity remains stable across the filed financial years (±0.1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€217,497total assets 2025
Equity
€22,894
Profit
€171,318
Turnover not published (abbreviated or micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
IMAX INVEST · 99.92%
Accounts 92 days early0 of 4 deeds read
Why 91raises riskEquity €22,894 (10.5% of total assets)lowers riskSize: total assets €217,497Liquidity: current ratio 1.12, cash €215,103Founded in 2009Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 36=
equity 10.5% of total assets
Liquidity 51+31
short-term debt 89.0% · cash 98.9%
Profitability 100=
return on assets 78.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.1%▼ -0.2 percentage points 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 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.12, compared with 1.13 in 2024; short-term debt: 89% and cash: 98.9% of total assets), and 89.5% of the assets are financed with debt.
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 (no NACE code, micro): better than 23% on solvency, 42% on liquidity, 90% on profitability and 53% on growth.

The bankruptcy probability was computed on 08-10-2026 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).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €217,497
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.12, cash €215,103
NBB · annual accounts
raises risk · Equity €22,894 (10.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
92 days early
2024
115 days early
2023
141 days early
2022
94 days early
2021
87 days early
2020
114 days early
2019
94 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 105 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 28 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €171,318 8 years View
  • Controlled by IMAX INVEST 99.92% View

By topic

Financials

Financial year
2025
Total assets
€217,497
Profit
€171,318
Solvency
10.5%
Total assets▲ 3.9%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2011
Next accounts
by 31-07-2027
  1. 28-04-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2025
  3. 05-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
09-11-2009
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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