AP in BE

Active

Private limited companyfounded 20242 yrs activeLuchthavenlaan 10, 1800 Vilvoorde, BelgiumKBO/BCE: BE 1005.642.352

Summary

AP in BE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-196) and a net result of €-6k. Its solvency ranks better than 10% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysis Watch Report Compare

AP in BEActiveChecked score 42/100

Risk analysis Report Compare

Checked score

Score 2025

42 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-43

Solvency23▼-18

Growth32

Track record82

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.98 against 1.19 in 2024; short-term debt: 101.9% and cash: 60.9% of total assets), and equity is negative.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Activities of head offices; management consultancy activities (NACE 70)

about 69% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-1.9%

Return on assets

-57.5%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year €-196

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

28 d late

2024

31 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-196

2024 · €6k

2024: €6k 2025: €-196▼ -103% vs 2024

2024 → 2025

Total assets

€10k▼ 71.3%

2024 · €36k

2024: €36k 2025: €10k▼ -71.3% vs 2024

2024 → 2025

Net result

€-6k

2024 · €777

2024: €777 2025: €-6k▼ -869% vs 2024

2024 → 2025

Working capital

€-196

2024 · €6k

2024: €6k 2025: €-196▼ -103% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Available amounts per fiscal year

Line20242025Trend

Equity€6k-€-196 2024: €6k 2025: €-196▼ -103% vs 2024

Operating result€4k-€-6k 2024: €4k 2025: €-6k▼ -236% vs 2024

Net result€777-€-6k 2024: €777 2025: €-6k▼ -869% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €6k after €4k in 2024.

Key figures and ratios

2025 value · change against 2024

Solvency

-1.9%▼

2024 · 15.9%

Current ratio

0.98▼

2024 · 1.19

ROA

-57.5%▼

2024 · 2.1%

Debt

€11k▼

2024 · €30k

Debt ≤ 1 year

€11k▼

2024 · €30k

Equity ratios withheld: equity of €-196 is too small for a meaningful ratio.

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines

Balance sheet Code20242025

Assets

Total assets20/58€36k€10k▼

Current assets29/58€36k€10k▼

Amounts receivable within one year40/41€15k€4k▼

Trade receivables40€15k-

Other amounts receivable41-€4k

Cash at bank and in hand54/58€21k€6k▼

Equity and liabilities

Total equity and liabilities10/49€36k€10k▼

Equity10/15€6k€-196▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€777€-5k▼

Amounts payable17/49€30k€11k▼

Amounts payable within one year42/48€30k€11k▼

Trade debts44€4k-

Suppliers440/4€4k-

Taxes, remuneration and social security45€11k€3k▼

Taxes450/3€11k€3k▼

Other amounts payable47/48€16k€7k▼

Income statement Code20242025

Other operating charges640/8€63€786▲

Gross operating margin9900€4k€-5k▼

Operating profit (loss)9901€4k€-6k▼

Financial charges65/66B€182€129▼

Recurring financial charges65€182€129▼

Profit (loss) for the period before taxes9903€4k€-6k▼

Income taxes67/77€3k-

Profit (loss) for the period9904€777€-6k▼

Profit (loss) for the period to be appropriated9905€777€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€777€-5k▼

Profit (loss) brought forward from the previous period14P-€777

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Other operating charges640/8	€63	€786	▲ 1,145%
Gross operating margin9900	€4k	€-5k	▼ 216%
Operating profit (loss)9901	€4k	€-6k	▼ 236%
Financial charges65/66B	€182	€129	▼ 29.0%
Recurring financial charges65	€182	€129	▼ 29.0%
Profit (loss) for the period before taxes9903	€4k	€-6k	▼ 245%
Income taxes67/77	€3k	-	-
Profit (loss) for the period9904	€777	€-6k	▼ 869%
Profit (loss) for the period to be appropriated9905	€777	€-6k	▼ 869%

Line	2024	2025	Change
Assets
Total assets20/58	€36k	€10k	▼ 71.3%
Current assets29/58	€36k	€10k	▼ 71.3%
Amounts receivable within one year40/41	€15k	€4k	▼ 72.7%
Trade receivables40	€15k	-	-
Other amounts receivable41	-	€4k	-
Cash at bank and in hand54/58	€21k	€6k	▼ 70.3%
Equity and liabilities
Total equity and liabilities10/49	€36k	€10k	▼ 71.3%
Equity10/15	€6k	€-196	▼ 103%
Contributions10/11	€5k	€5k	=
Profit (loss) carried forward14	€777	€-5k	▼ 769%
Amounts payable17/49	€30k	€11k	▼ 65.2%
Amounts payable within one year42/48	€30k	€11k	▼ 65.2%
Trade debts44	€4k	-	-
Suppliers440/4	€4k	-	-
Taxes, remuneration and social security45	€11k	€3k	▼ 68.7%
Taxes450/3	€11k	€3k	▼ 68.7%
Other amounts payable47/48	€16k	€7k	▼ 55.5%

Line	2024	2025	Change
Profit (loss) for the period9904	€777	€-6k	▼ 869%
Operating cash flow (approximation)	€777	€-6k	▼ 869%
Change in cash	-	€-15k	-

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

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 28 days late

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

NBB filing

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Vilvoorde

exact location from the address register On OpenStreetMap

Ground area

1,983 m²

Building footprint

770 m²

Volume, LiDAR

11,608 m³

Parcel 23644H0066/00F000, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.

13 companies at this address See who is registered here

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23644H0066/00F000	Flanders	1,983 m²	1 · 770 m²	18.4 m · 5 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

KAUL & ASSOCIATES

BE 0474.375.926

Watermaal-Bosvoorde · Eq €5,779

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 16,963 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded06-02-2024

Fiscal year end31-12

Activities, NACEBEL 2025

70200Business and other management consultancy

73300Public relations and communication consultancy

Scores and ratios are computed by Checked and are not a credit decision.