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Complete company report
Generated 05-09-2026
Active BE 1017.307.591Private limited company

APACO

Peter Benoitlei 21 ·2930 Brasschaat, Belgium· 1 yrs active
Sector: Manufacture of metal structures and parts of structures (25110)
Conclusion Checked

APACO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €22k. Its solvency ranks better than 38% of 1839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €24k
Net result €22k
Better than sector 38%
Active 1 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health56Profitability100Solvency42Growth-Stability67
66 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 56
Profitability 100
Solvency 42
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
1.2% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
56 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score components
Liquidity Current ratio 0.20 (< 1.0) -10
Quick ratio Quick ratio 0.20 (< 0.6) -5
Leverage Debt/equity 1.96 (< 2.0) +3
Profitability ROE 92% (≥ 10%) +10
Interest coverage Interest coverage 221.4× (≥ 3×) +8
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 28-08-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 25, Manufacture of fabricated metal products, except machinery and equipment · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 33.7% 45.5%
better than 38% of 1839 sector peers
Net result €22k €12k
better than 63% of 1840 sector peers
Equity €24k €77k
better than 25% of 1842 sector peers
Gross operating margin €40k €48k
better than 44% of 1838 sector peers
Total assets €72k €192k
better than 21% of 1839 sector peers
Figures by fiscal year and ratios
Fiscal year2025
Depositmicro schema
Revenue-
EBITDA€39k
Net profit€22k
Cash flow€31k
Staff costs-
Income taxes€9k
Dividends-
Total assets€72k
Equity€24k
Debt€48k
of which ≤ 1y€48k
of which > 1y-
Working capital€-38k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.20
Quick ratio0.20
Working capital ratio-52.7%
Solvency33.7%
Debt / equity1.96
Long-term debt ratio-
Interest coverage221.35
Gross margin-
Net margin-
ROA30.9%
ROE91.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€72k
Fixed assets 21/28€62k
Tangible fixed assets 22/27€62k
Current assets 29/58€10k
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€72k
Equity 10/15€24k
Contributions / capital 10/11€2k
Reserves 13€22k
Amounts payable 17/49€48k
Amounts payable within one year 42/48€48k
Trade debts payable within one year 44€892
Income statement
Gross operating margin 9900€40k
Operating result 9901€31k
Financial charges 65€177
Result before taxes 9903€31k
Income taxes 67/77€9k
Net result for the period 9904€22k
Result to be appropriated 9905€22k
Legal Structure
NACE primary Manufacture of metal structures and parts of structures(25110)
Legal form Private limited company(610)
Incorporation12-12-2024
StatusActive
Postal code2930
Establishment units 1 location
APACO
Peter Benoitlei 21, 2930 BrasschaatManufacture of metal structures and parts of structures
since 20242.367.333.696
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11008G0094/00F002 Flanders 606 m² 1 · 93 m² 1.6 m
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

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.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Manufacture of metal structures and parts of structures25110Manufacture of motor vehicles, trailers and semi-trailers29320Other building finishing work43350Washing and cleaning of motor vehicles95316Other maintenance and repair of motor vehicles95319
Names & trade names
Legal nameNL APACO
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LAS & CONSTRUCTIE STIJN BE 0792.256.210 · Lochristi
SAFITECH BE 0720.926.764 · Zulte
METAALWERKEN VINTS BE 0810.922.869 · Beringen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative