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APAK

Active
Private limited companyfounded 2008active for 18 yearsStockholmstraat 19, 8400 Oostende, BelgiumKBO/BCE: BE 0899.512.078
Summary

APAK has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €347,718 and a net result of €57,740. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 68% of 415 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€497,126total assets 2026
Staff
3 FTE
Equity
€347,718
Profit
€57,740
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 33 days early0 of 7 deeds read
Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.23, cash €234,907Equity €347,718 (69.9% of total assets)Size: total assets €497,126Show the evidence

Checked score

Score 2026
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 43, micro)
Financial strength · tick = 2025
Strong
Solvency 95+3
equity 69.9% of total assets
Liquidity 88+30
short-term debt 29.2% · cash 47.3%
Profitability 83+3
return on assets 11.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.23, compared with 1.67 in 2025; short-term debt: 29.2% and cash: 47.3% of total assets), and 30.1% of the assets are financed with debt.
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 43, micro): better than 76% on solvency, 85% on liquidity, 66% on profitability and 67% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.23, cash €234,907
NBB · annual accounts
lowers risk · Equity €347,718 (69.9% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €497,126
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
33 days early
2025
39 days early
2024
35 days early
2023
36 days early
2022
32 days early
2021
27 days early
2020
32 days early
← 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 33 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 9% on equitysector median €70,927 · 415 companies €347,718 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €57,740 8 years View

By topic

Financials

Financial year
2026
Total assets
€497,126
Profit
€57,740
Solvency
69.9%
Total assets▲ 15.6%
Net result
20192026
Go to Financials

Timeline

Events
21
Since
2011
Next accounts
by 31-10-2027
  1. 31-03-2024Highest result from 2019 to 2026
  2. 25-09-2023Annual accounts filed
  3. 29-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
24-07-2008
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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