Turnover
≈ €210,000 estimated
The micro format states no turnover.
AP Project
Lifetime
3 annual accounts with figures on one time axispeak €46,622 (2023)
€30,077▲ 245%
peak €14,646 (2025)
€14,646▲ 38×
peak €16,551 (2025)
€16,551▲ 769%
€13,118▼ 39.4%
Board2 names since 2022
1 directorPintilie Andrei Danut
Documentsfilings and deeds
31-05-202661 days before the deadline
2025micro format
Gross margin from €8,706 to €30,077Result from €383 to €14,646Registered office moved from Mechelen to Zellik 16-05Equity from €1,905 to €16,551Debts from €21,634 to €13,118Cash from €1,372 to €2,706
Key points
from the 2025 annual accountsInvestments
€5,800 2.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.98 was 0.74 in 2024
Short-term debts fell from €21,634 to €13,118.
Filings
3 annual accounts 1 late
The 2024 accounts came 123 days late. The other two were filed on time.
At the same address
104 companies
Board
1 joined · 1 left
Board changed. Latest change 01-04-2026 · 1 in office.
Checked score
51
Fair
Financially stronger than 73% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.7%
01-2025: 4.7%● unchanged vs 12-2024
02-2025: 4.7%● unchanged vs 01-2025
03-2025: 4.7%● unchanged vs 02-2025
04-2025: 5.5%▲ +0.8 percentage points vs 03-2025
05-2025: 6.2%▲ +0.7 percentage points vs 04-2025
06-2025: 11.2%▲ +5.0 percentage points vs 05-2025
07-2025: 11.3%▲ +0.1 percentage points vs 06-2025
08-2025: 12.1%▲ +0.8 percentage points vs 07-2025
09-2025: 12.1%● unchanged vs 08-2025
10-2025: 14.5%▲ +2.4 percentage points vs 09-2025
11-2025: 14.5%● unchanged vs 10-2025
12-2025: 15.0%▲ +0.5 percentage points vs 11-2025highest value
01-2026: 14.8%▼ -0.2 percentage points vs 12-2025
02-2026: 8.7%▼ -6.1 percentage points vs 01-2026
03-2026: 8.9%▲ +0.2 percentage points vs 02-2026
04-2026: 10.4%▲ +1.5 percentage points vs 03-2026
05-2026: 10.8%▲ +0.4 percentage points vs 04-2026
06-2026: 3.6%▼ -7.2 percentage points vs 05-2026
07-2026: 3.6%● unchanged vs 06-2026
08-2026: 3.6%● unchanged vs 07-2026
09-2026: 3.6%● unchanged vs 08-2026lowest value
10-2026: 3.6%● unchanged vs 09-2026lowest value
11-2026: 3.6%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €29,669
lowers risk
Figures for financial year 2025 (filed on 31-05-2026)
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 41, micro). It does better than 64% of them on solvency, 37% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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 Project 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 Project itself is higher: 3.6% within 12 months. It rests on far more data about AP Project than the profile alone.
Test of the method
The method was tested on the 497,448 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 Project. 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98 (0.74 in 2024), above the usual 1.5. Short-term debt is 44.2% and cash 9.1% of total assets. 44.2% of the assets are financed with debt and provisions.
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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 31-05-2026, 61 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
61 days early
2024
123 days late
2023
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 19 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (3 of the last 3 accounts filed within 128 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790800220
Resignation: Pintilie Andrei (director)
Appointment: Pintilie George (director) · General meeting of 29-04-2026 · Gazette deed
Registered office moved from Mechelen to Zellik
New registered office: Z.3 DOORNVELD 150, 1731 ZELLIK · Previous registered office: HENDRIK CONSCIENCESTRAAT 30, 2800 MECHELEN · General meeting of 01-05-2025 · Gazette deed
Registered office moved from Berchem to Mechelen
New registered office: Hendrick Consciencestraat 30, 2800 Mechelen · Previous registered office: Uitbreidingstraat 84, 2600 Berchem, België · General meeting of 03-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AP Project Asse | €29,669 | €30,077 | 55.8% | - |
| Top Touch Wemmel | €27,411 | €28,517 | 26.6% | - |
| TOPTECH-BAT Beersel | €28,027 | €28,952 | 15.4% | - |
| NEW INVIDIA Drogenbos | €27,465 | €30,253 | -55.4% | - |
| SERGIO CONCEPT Dilbeek | €34,029 | €34,724 | 81.2% | - |
| Deco Renovation SP Zaventem | €36,288 | €25,544 | 64.4% | - |
| THIRION Rénovation La Bruyère | €33,304 | €27,090 | 29.6% | - |
These companies have the same main activity as AP Project: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €27,400 and €36,300, founded in 2022.
Official details
Source: KBO- Status
- Active since 14-09-2022Normal situation
- Registered office
- 105 active companies are registered at this address45 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.335.315.877since 14-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 01-11-2026
Annual accounts 2025
- €29,669▲ 26.0%
- Filing
- Filed on 31-05-2026, 61 days before the end of the filing period
Insights on AP Project
AP Project files the micro format. That format states no turnover. The gross margin fell from €46,622 in 2023 to €30,077 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AP Project
- What is the company number of AP Project?
- The company number of AP Project is 0790.800.220. The VAT number is the same number with BE in front: BE 0790.800.220.
- Where is AP Project based?
- The registered office is at Z. 3 Doornveld 150, 1731 Asse.Company details
- What does AP Project do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of AP Project?
- AP Project is a private limited company (BV).
- When was AP Project founded?
- AP Project was founded on 14-09-2022.
- Is AP Project still active?
- Yes, AP Project is an active enterprise in the KBO register.
- What is the turnover of AP Project?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €30,077 and 164 comparable companies (NACE 41001). It probably lies between €120,000 and €380,000.Financials
- Is AP Project profitable?
- In financial year 2025, AP Project made a profit of €14,646.
- Where can I find the annual accounts of AP Project?
- AP Project filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AP Project due?
- AP Project must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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