AP/CO
AP/CO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €650k and a net result of €218k. Its solvency ranks better than 21% of 487 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €650k |
| Net result | €218k |
| Better than sector | 21% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.9% | 42.7% | |
| Net result | €218k | €71k | |
| Equity | €650k | €483k | |
| Gross operating margin | €117k | €87k | |
| Total assets | €4.10M | €1.58M |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €218k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.10M |
| Equity | €650k |
| Debt | €3.45M |
| of which ≤ 1y | €149k |
| of which > 1y | €3.27M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 15.9% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 5.3% |
| ROE | 33.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.10M |
| Fixed assets | 21/28 | €4.02M |
| Financial fixed assets | 28 | €4.02M |
| Current assets | 29/58 | €76k |
| Amounts receivable within one year | 40/41 | €74k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.10M |
| Equity | 10/15 | €650k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €400k |
| Amounts payable | 17/49 | €3.45M |
| Amounts payable after one year | 17 | €3.27M |
| Amounts payable within one year | 42/48 | €149k |
| Income statement | ||
| Gross operating margin | 9900 | €117k |
| Operating result | 9901 | €117k |
| Financial income | 75 | €205k |
| Financial charges | 65 | €104k |
| Result before taxes | 9903 | €218k |
| Net result for the period | 9904 | €218k |
| Result to be appropriated | 9905 | €218k |
Former directors (1)
-
Former- → 25-11-2025
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2022 |
| Status | Active |
| Postal code | 2500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392C0035/00W004 | Flanders | 1,260 m² | 1 · 478 m² | 12.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-01-2026 FILIP VERBRUGGEN resigns as director
- FILIP VERBRUGGEN, Bestuurder
Technical details
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},
"effective_date": "2025-11-25",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van FILIP VERBRUGGEN, met woonplaats te 2250 Olen Langepad 16, als niet-statutaire bestuurder, en dit met ingang op 25/11/2025. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
"discharge_granted": true
}
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"name_full": "AP/CO",
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}
}27-12-2022 Incorporation of a new BV
Technical details
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"dob": "1981-07-13",
"name": "VISSENBERG, Carl",
"niss": null,
"address": "2242 Pulderbos, gemeente Zandhoven, Roosten 26"
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{
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"person": {
"dob": "1979-07-18",
"name": "DE VOS, Jan",
"niss": null,
"address": "2440 Geel, Zandstraat 70"
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{
"org": {
"kbo": "0447.182.668",
"name": "MASABI CAPITAL"
},
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"holder_org_kbo": "0447.182.668",
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],
"capital_eur": 500000,
"subject_company": {
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"initial_directors": [],
"incorporation_date": "2022-12-20",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | AP/CO |