Turnover
≈ €230,000 estimated
The micro format states no turnover.
AP Distribution
Overview
Lifetime
1 annual account with figurespeak €134,331 (2025)
€134,331
peak €99,916 (2025)
€99,916
peak €104,916 (2025)
€104,916
€22,448
Board1 name since 2024
1 directorPAUWELS Arthur Rene Anny
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€99,916
Higher net result than 85% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
98
Excellent
Financially stronger than 87% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.4%
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.6 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 4.43, cash €64,160
Equity €104,916 (82.4% of total assets)
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, micro). It does better than 86% of them on solvency, 89% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as AP Distribution has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AP Distribution itself is lower: < 0.1% within 12 months. It rests on far more data about AP Distribution than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for AP Distribution. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 4.43, above the usual 1.5. Short-term debt is 17.6% and cash 50.4% of total assets. 17.6% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
7 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010780283
Incorporation
Founding capital of €5,000, 100 shares · Founder: PAUWELS Arthur Rene Anny · Appointment: PAUWELS Arthur Rene Anny (director) · published on 28-06-2024 · Gazette deed
First establishment
Kerselarenstraat 31, Overijse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AP Distribution Overijse | €127,364 | €134,331 | 82.4% | - |
| QP Distribution Overijse | €114,131 | €118,617 | 82.5% | - |
| La Morra Boutersem | €139,540 | €142,472 | 67.9% | - |
| Lynergy Bertem | €144,833 | €131,280 | 77.3% | - |
| NINNIN Vilvoorde | €134,926 | €131,371 | 82.6% | - |
| ARASOL Zaventem | €117,275 | €148,257 | 88.7% | - |
| ASTROLABE PRO Vilvoorde | €136,739 | €122,096 | 88.4% | - |
These companies have the same main activity as AP Distribution: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €114,000 and €145,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 26-06-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.361.286.4403090 Overijse, since 26-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-06-2025
Annual accounts 2025
- €134,331
- €99,916
- €104,916
- €127,364
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on AP Distribution
AP Distribution has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,916 and a net result of €99,916.
Its solvency ranks better than 80% of 39,364 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadline€134,331
€128,694
€99,916
€77,051
82.4%
4.43
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €190,000 and €270,000.
Balance sheet
balance sheet total €127,364 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
82.4%
Higher than 80% of 39,364 companies in 2025.
4.43
Higher than 75% of 38,048 companies in 2025.
78.4%
Higher than 95% of 38,520 companies in 2025.
AP Distribution
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
127,364 | |
21/28 |
27,865 | |
22/27 |
27,865 | |
24 |
27,865 | |
29/58 |
99,498 | |
40/41 |
33,786 | |
40 |
33,697 | |
41 |
89 | |
54/58 |
64,160 | |
490/1 |
1,552 | |
| Balance sheet: equity and liabilities | ||
10/49 |
127,364 | |
10/15 |
104,916 | |
10/11 |
5,000 | |
13 |
99,916 | |
133 |
99,916 | |
17/49 |
22,448 | |
42/48 |
22,448 | |
44 |
10,128 | |
440/4 |
10,128 | |
45 |
12,319 | |
450/3 |
12,319 | |
| Income statement | ||
9900 |
134,331 | |
630 |
4,572 | |
640/8 |
1,065 | |
9901 |
128,694 | |
65/66B |
46 | |
65 |
46 | |
9903 |
128,648 | |
67/77 |
28,732 | |
9904 |
99,916 | |
9905 |
99,916 | |
| Appropriation of the result | ||
9906 |
99,916 | |
691/2 |
99,916 | |
6921 |
99,916 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00347021 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 133,266 | ||
| 104,488 | ||
| 30,102 | ||
| 77,051 | ||
| 82.4% | ||
| 4.43 | ||
| 0.21 | ||
| 95.2% | ||
| 78.4% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €30,102 |
| Financial fixed assets | €0 |
| €4,572 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on AP Distribution
Debt's share of the balance-sheet total is 17.6%.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 28-06-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 24-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-06-2024
Mandates through the years
1 name, the dashed line is todayPAUWELS Arthur Rene Anny
Director
Director
Board
Mandates as a list
- PAUWELS Arthur Rene Anny
- Director, appointed by deed of 28-06-2024, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,049 in 2025
- Source
- deed of 28-06-2024
Articles of association
deed of 28-06-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 28-06-2024 ↗
- PAUWELS Arthur Rene Anny sole founder · 100% at incorporation
Network & group
No group
AP Distribution has no parent and no holdings in its annual accounts. PAUWELS Arthur Rene Anny is the only director. AP Distribution shares no director with another company.
At the same address
Kerselarenstraat 31, 3090 Overijse · 1 other company| QP Distribution
registered office since 26-06-2024 · founded in 2024 |
total assets €114,131 (2025) 1010.779.986 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 7 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010780283
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: PAUWELS Arthur Rene Anny · Appointment: PAUWELS Arthur Rene Anny (director) · published on 28-06-20245 points ▸
- Registered office clause, Kerselarenstraat 31, 3090 Overijse
- Board rule, 1
- Director appointment, PAUWELS Arthur Rene Anny
- Founding capital, €5,000, 100 shares
- Founder, PAUWELS Arthur Rene Anny
- The deed holds 1 more point.
First establishment Kerselarenstraat 31, Overijse
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1010.780.283
- VAT number
- BE 1010.780.283
- Peppol ID
- 0208:1010780283
- Other Peppol ID
- 9925:BE1010780283
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-06-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00deed of 28-06-2024 (in Dutch)
- Peppol
- Reachable since 13-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- AP Distribution in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-06-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- AP Distributiondeed of 28-06-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-06-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van advies en diensten,begeleiding,bijstand en leiding aan vennootschappen,ondernemingen,instellingen en…”deed of 28-06-2024 (in Dutch)
10 activities
- Het verlenen van advies en diensten,begeleiding,bijstand en leiding aan vennootschappen,ondernemingen,instellingen en privépersonen,voornamelijk doch niet uitsluitend op het vlak van het algemeen beleid,het marketingbeleid,het productie-,logistiek- en ontwikkelingsbeleid,het technisch beleid,het promotie-en verkoopbeleid,het financieel-administratief- en personeelsbeleid.Het verrichten van studiewerk terzake en het verlenen van alle diensten.
- De rekrutering,vorming,plaatsing en ter beschikking stelling van (gespecialiseerd) personeel- de (re)organisatie van vennootschappen/ondernemingen,en het verlenen van alle advies en diensten met betrekking tot de verhoudingen (in- en extern) binnen ondernemingen en vennootschappen.
- Het besturen van vennootschappen en ondernemingen in ruimste zin.
- Het optreden als vereffenaar in andere vennootschappen.
- De vennootschap kan alle hulpmiddelen verschaffen en alle diensten leveren die rechtstreeks of onrechtstreeks verband houden met wat voorafgaat,zowel krachtens een contractuele als een statutaire benoeming,in hoedanigheid van extern raadgever of als orgaan van de cliënt.
- Het beheer en de uitbouw en uitbreiding van haar patrimonium,bestaande uit roerende en onroerende goederen en rechten in de ruimste zin.Dit omvat:Alle verrichtingen en rechtshandelingen met betrekking tot onroerende goederen en -rechten in de ruimste zin,zoals het (ver)bouwen,inrichten,het verwerven,vervreemden,het (ver)huren,het beheren,uitbaten,valoriseren en ordenen van alle onroerende goederen,leasing inbegrepen.Alle verrichtingen en rechtshandelingen met betrekking tot roerende goederen en -rechten in de ruimste zin,zoals het verwerven,vervreemden,het uitbaten,(ver)huren,en in het bijzonder het beheren en valoriseren van aandelen,obligaties,participatiebewijzen en andere waardepapieren.
- Belangen nemen in alle vennootschappen of ondernemingen (ongeacht hun activiteiten) onder welke vorm ook (aandelen,al dan niet converteerbare obligaties en andere) en op welke wijze ook (inbreng,inschrijving,opslorping,fusie en andere) en deze beheren.
- De vennootschap mag (hypothecaire) waarborgen verlenen voor derden en zich voor derden borg stellen in het algemeen.
- De vennootschap mag investeringen en beleggingen uitvoeren (zoals ondermeer de aankoop,het beheer,het verhuren en het oprichten van roerende en onroerende goederen),met het oog op het verlonen van haar bestuurders in geld of natura.
- Zij mag alle roerende en onroerende,handels financiële en nijverheidshandelingen verrichten,die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kerselarenstraat 31 registered office 3090 Overijse | 26-06-2024 | 2.361.286.440 |
Buildings and parcels at the address
- Ground area
- 697 m²
- Buildings
- 136 m²
- Volume, LiDAR
- 848 m³
- Tallest building
- 9.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23544D0120/00Z000 | 697 m² | 1 · 136 m² | 9.2 m · 2 |