AP LEX
ActiveSummary
AP LEX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €55k. Its solvency ranks better than 42% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency73▲+8
Growth78
Track record82
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.66 against 1.23 in 2024; short-term debt: 22.1% and cash: 3.4% of total assets), but 51.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.3%
Return on assets
33%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 filingsDeviation from the deadline
2025
12 d late
2024
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 216%
2024 · €25k
Total assets
€167k▲ 165%
2024 · €63k
Net result
€55k▲ 169%
2024 · €20k
Working capital
€24k▲ 255%
2024 · €7k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€30k-€72k▲ 141%
Net result€20k-€55k▲ 169%
Equity€25k-€81k▲ 216%
Total assets€63k-€167k▲ 165%
Debt€37k-€86k▲ 131%
Working capital€7k-€24k▲ 255%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 141% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€106k ▲ 300%
Current assets
€61k ▲ 67.8%
Equity and liabilities €167k
Equity
€81k ▲ 216%
Debt
€86k ▲ 131%
Debt's share of the balance-sheet total falls from 59.5% to 51.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €34k
Cash flow
€64k▲
2024 · €24k
Current ratio
1.66▲
2024 · 1.23
Debt to equity
1.07▼
2024 · 1.47
ROE
68.4%▼
2024 · 80.4%
ROA
33.0%▲
2024 · 32.5%
Interest coverage
41.90▲
2024 · 22.89
Debt ≤ 1 year
€37k▲
2024 · €30k
Debt > 1 year
€50k▲
2024 · €8k
Income taxes
€16k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €9k | ▲ 156% |
| Other operating charges640/8 | €155 | €2k | ▲ 1,353% |
| Gross operating margin9900 | €34k | €84k | ▲ 148% |
| Operating profit (loss)9901 | €30k | €72k | ▲ 141% |
| Financial income75/76B | €254 | €583 | ▲ 130% |
| Recurring financial income75 | €254 | €583 | ▲ 130% |
| Financial charges65/66B | €1k | €2k | ▲ 32.5% |
| Recurring financial charges65 | €1k | €2k | ▲ 32.5% |
| Profit (loss) for the period before taxes9903 | €29k | €71k | ▲ 146% |
| Income taxes67/77 | €8k | €16k | ▲ 90.2% |
| Profit (loss) for the period9904 | €20k | €55k | ▲ 169% |
| Profit (loss) for the period to be appropriated9905 | €20k | €55k | ▲ 169% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €63k | €167k | ▲ 165% |
| Fixed assets21/28 | €26k | €106k | ▲ 300% |
| Tangible fixed assets22/27 | €26k | €89k | ▲ 238% |
| Plant, machinery and equipment23 | €1k | €667 | ▼ 33.3% |
| Furniture and vehicles24 | €17k | €82k | ▲ 371% |
| Other tangible fixed assets26 | €8k | €6k | ▼ 22.7% |
| Financial fixed assets28 | - | €17k | - |
| Current assets29/58 | €37k | €61k | ▲ 67.8% |
| Amounts receivable within one year40/41 | €34k | €53k | ▲ 55.7% |
| Trade receivables40 | €17k | €20k | ▲ 21.2% |
| Other amounts receivable41 | €18k | €33k | ▲ 87.9% |
| Cash at bank and in hand54/58 | €2k | €6k | ▲ 209% |
| Deferred charges and accrued income490/1 | €293 | €2k | ▲ 595% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €63k | €167k | ▲ 165% |
| Equity10/15 | €25k | €81k | ▲ 216% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €20k | €76k | ▲ 269% |
| Distributable reserves133 | €20k | €76k | ▲ 269% |
| Amounts payable17/49 | €37k | €86k | ▲ 131% |
| Amounts payable after more than one year17 | €8k | €50k | ▲ 533% |
| Financial debts170/4 | €8k | €50k | ▲ 533% |
| Amounts payable within one year42/48 | €30k | €37k | ▲ 24.3% |
| Current portion of amounts payable after more than one year42 | €15k | €14k | ▼ 6.3% |
| Financial debts43 | - | €4k | - |
| Credit institutions430/8 | - | €4k | - |
| Trade debts44 | €8k | €12k | ▲ 56.6% |
| Suppliers440/4 | €8k | €12k | ▲ 56.6% |
| Taxes, remuneration and social security45 | €7k | €6k | ▼ 8.2% |
| Taxes450/3 | €7k | €6k | ▼ 8.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €55k | ▲ 169% |
| + Depreciation and write-downs630 | €4k | €9k | ▲ 156% |
| Operating cash flow (approximation) | €24k | €64k | ▲ 167% |
| Investment in fixed assets (approximation) | - | €-88k | - |
| Change in cash | - | €4k | - |
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
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 2 establishment units since 2023
Ground area
5,423 m²
Building footprint
473 m²
Volume, LiDAR
2,896 m³
3 parcels, Wallonia · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Chaussée de Binche 177, 7000 Mons
since 20232.364.686.388
Rue de Céroux 31, 1380 Lasne
since 20232.364.686.586
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024B0393/00V000 | Wallonia | 3,373 m² | 1 · 154 m² | 10.3 m · 2 fl. |
| 53404B0716/00A000 | Wallonia | 1,406 m² | 1 · 217 m² | 7.4 m · 2 fl. |
| 53404B0501/00K000 | Wallonia | 644 m² | 1 · 101 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
T-Legal
BE 0780.884.840
Brasschaat · Eq €80,586
PAULINE HELLEMANS
BE 0801.996.790
Brussel · Eq €80,549
VDW Legal
BE 0795.329.922
Overijse · Eq €80,607
EQUATOR ADVOCATEN
BE 0547.801.263
Antwerpen · Eq €80,619
Vermeulen T. Advocaat
BE 1012.466.105
Gent · Eq €80,518
Of 22,069 companies in sector 69101 we hold annual accounts for 9,052. 7,522 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
Founded14-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.