Summary
AP/CO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €965,883 and a net result of €315,396. Equity is growing by ~54.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 131 sector peers (fiscal year 2026). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €959 | €551 | €1,118 | ▲ 103% |
| Gross operating margin9900 | €20,570 | €106,542 | €117,280 | €116,837 | ▼ 0.4% |
| Operating profit (loss)9901 | €20,570 | €105,582 | €116,729 | €115,719 | ▼ 0.9% |
| Financial income75/76B | - | €205,000 | €205,000 | €310,000 | ▲ 51.2% |
| Recurring financial income75 | - | €205,000 | €205,000 | €310,000 | ▲ 51.2% |
| Financial charges65/66B | €27,126 | €121,704 | €103,564 | €110,002 | ▲ 6.2% |
| Recurring financial charges65 | €27,126 | €121,704 | €103,564 | €110,002 | ▲ 6.2% |
| Profit (loss) for the period before taxes9903 | -€6,556 | €188,879 | €218,164 | €315,717 | ▲ 44.7% |
| Income taxes67/77 | - | - | - | €322 | - |
| Profit (loss) for the period9904 | -€6,556 | €188,879 | €218,164 | €315,396 | ▲ 44.6% |
| Profit (loss) for the period to be appropriated9905 | -€6,556 | €188,879 | €218,164 | €315,396 | ▲ 44.6% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.2m | €4.1m | €4.1m | €4.0m | ▼ 1.5% |
| Fixed assets21/28 | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Financial fixed assets28 | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Current assets29/58 | €197,817 | €115,267 | €76,327 | €13,290 | ▼ 82.6% |
| Amounts receivable within one year40/41 | €12,100 | €12,100 | €74,200 | €12,100 | ▼ 83.7% |
| Trade receivables40 | €12,100 | - | - | - | - |
| Other amounts receivable41 | - | €12,100 | €74,200 | €12,100 | ▼ 83.7% |
| Cash at bank and in hand54/58 | €185,717 | €103,167 | €2,127 | €1,190 | ▼ 44.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.2m | €4.1m | €4.1m | €4.0m | ▼ 1.5% |
| Equity10/15 | €243,444 | €432,323 | €650,487 | €965,883 | ▲ 48.5% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | -€6,556 | €182,323 | €400,487 | €715,883 | ▲ 78.8% |
| Amounts payable17/49 | €4.0m | €3.7m | €3.4m | €3.1m | ▼ 11.0% |
| Amounts payable after more than one year17 | €4.0m | €3.3m | €3.3m | €2.6m | ▼ 19.9% |
| Financial debts170/4 | €4.0m | €3.3m | €3.3m | €2.6m | ▼ 19.9% |
| Amounts payable within one year42/48 | €4,372 | €419,102 | €149,398 | €445,632 | ▲ 198% |
| Current portion of amounts payable after more than one year42 | - | €406,745 | €137,843 | €438,356 | ▲ 218% |
| Trade debts44 | - | €799 | - | €835 | - |
| Suppliers440/4 | - | €799 | - | €835 | - |
| Taxes, remuneration and social security45 | €4,372 | €11,559 | €11,555 | €6,441 | ▼ 44.3% |
| Taxes450/3 | €4,372 | €11,559 | €11,555 | €6,441 | ▼ 44.3% |
| Accrued charges and deferred income492/3 | - | €12,600 | €25,200 | - | - |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,556 | €188,879 | €218,164 | €315,396 | ▲ 44.6% |
| Operating cash flow (approximation) | -€6,556 | €188,879 | €218,164 | €315,396 | ▲ 44.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€82,550 | -€101,039 | -€937 | ▲ 99.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392C0035/00W004 | Flanders | 1,260 m² | 1 · 478 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-03-2026 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
AP/ART Ruimtemakers 100%2 subsidiaries
- APART Tuin & Landschap 60%
- MO-zaïek 60%
According to the annual accounts to 31-03-2026 of AP/CO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.