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AP Wireless Belgium

Active
Private limited companyfounded 2017active for 9 yearsSuikerrui 16, 2000 Antwerpen, BelgiumKBO/BCE: BE 0674.995.284
Summary

AP Wireless Belgium has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.5m and a net result of -€617,982. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 9,723 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Wholesale of information and communication equipment
NACE 46500
1 site
Size
€11.1mtotal assets 2025
Staff
6.8 FTE
Equity
€7.5m
Loss
-€617,982
Turnover not published (abbreviated format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
AP Wireless Netherlands BV
Accounts filed 39 days late5 of 11 deeds read
Why 66raises riskLoss of €617,982, the second in a row (financial year 2025)Latest accounts 39 days late; 1 of the last 3 lateLiquidity: current ratio 0.45, cash €559,374lowers riskEquity €7.5m (67.7% of total assets)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 58% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 93+9
equity 67.7% of total assets
Liquidity 55+1
short-term debt 12.3% · cash 5.1%
Profitability 12+1
return on assets -5.6%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 3.3%highest value 12-2024: 3.2%▼ -0.1 percentage points vs 11-2024 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.3%▲ +0.1 percentage points vs 01-2025 03-2025: 2.2%▼ -1.1 percentage points vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025 07-2025: 2.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.7%▼ -1.8 percentage points vs 07-2025 09-2025: 0.6%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.6%● unchanged vs 09-2025lowest value 11-2025: 0.6%● unchanged vs 10-2025lowest value 12-2025: 0.6%● unchanged vs 11-2025lowest value 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▼ -0.6 percentage points vs 09-2026
Credit of up to €490,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.45, compared with 0.41 in 2024, below 1; short-term debt: 12.3% and cash: 5.1% of total assets), and 32.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 73% on solvency, 60% on liquidity, 18% on profitability and 80% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €617,982, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 39 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.45, cash €559,374
NBB · annual accounts
lowers risk · Equity €7.5m (67.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €7.5m
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filings
Deviation from the deadline
2025
39 days late
2024
2 days early
2023
48 days early
2022
54 days early
2021
52 days early
2020
51 days early
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 14 June (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & sharesDeclaration · Capital increase ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignations: Scott Bruce, Richard Goldstein and…Appointments: Julian Plumstead (director) and…

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€617,982 View
  • Caution: Among the weakest 5% on net resultsector median €27,057 · 9,702 companies -€617,982 View
  • Caution: Board changedlatest change 06-07-2026 · 2 in office 2 joined · 3 left View
  • Controlled by AP Wireless Netherlands BV parent View
  • Positive: Equity rose in 2025from €5.9m to €7.5m ▲ 26.8% View

By topic

Financials

Financial year
2025
Total assets
€11.1m
Loss
-€617,982
Solvency
67.7%
Total assets▲ 10.2%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
AP Wireless Netherlands BV
  • Benjamin LoweDirector
  • Julian PlumsteadDirector
Go to Board & ownership

Timeline

Events
17
Since
2018
Next accounts
by 31-07-2027
  1. 11-03-2026Resignations & appointments
  2. 31-12-2025Weakest financial year
  3. 29-10-2025Capital & shares
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of information and communication equipmentNACE 46500
Founded
02-05-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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