APAKIDZE
InactiveAPAKIDZE was declared bankrupt on 24-07-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 23-09-2025, published in the Belgian State Gazette on 30-09-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 31-01-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
49 d late
2020
28 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€78k▼ 89.5%
2021 · €743k
2019: €794k
2020: €835k
2021: €743k
2019 → 2022
EBIT margin
-14.9%▼ 18.6pp
2021 · 3.7%
2019: 5.7%
2020: 1.0%
2021: 3.7%
2019 → 2022
Net result
€-5k
2021 · €16k
2019: €41k
2020: €-3k
2021: €16k
2019 → 2022
Working capital
€13k▼ 29.7%
2021 · €18k
2019: €22k
2020: €19k
2021: €18k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Turnover€794k-€835k▲ 5.3%€743k▼ 11.1%€78k▼ 89.5%
Equity€24k-€21k▼ 12.1%€37k▲ 73.9%€32k▼ 14.5%
Operating result€45k-€9k▼ 80.9%€28k▲ 221%€-12k
Net result€41k-€-3k€16k€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €12k after €28k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €37k
Fixed assets
€19k=
Current assets
€18k▼ 82.8%
Equity and liabilities €37k
Equity
€32k▼ 14.5%
Debt
€5k▼ 94.0%
The debt ratio falls from 69.7% to 13.8%. Equity and debt are lower.
Key figures and ratios
Solvency
86.2%▲
2021 · 30.3%
Current ratio
3.49▲
2021 · 1.21
Quick ratio
3.49▲
2021 · 1.21
Debt / equity
0.16
ROE
-16.9%▼
2021 · 42.5%
ROA
-14.6%▼
2021 · 12.9%
Debt
€5k▼
2021 · €85k
Debt ≤ 1 year
€5k▼
2021 · €85k
Staff costs
€-8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€123k€37k▼
Fixed assets21/28€19k€19k=
Tangible fixed assets22/27€19k€19k=
Plant, machinery and equipment23-€7k
Furniture and vehicles24-€12k
Financial fixed assets28€150€150=
Current assets29/58€104k€18k▼
Amounts receivable within one year40/41€74k€16k▼
Trade receivables40-€16k
Other amounts receivable41-€112
Cash at bank and in hand54/58€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€123k€37k▼
Equity10/15€37k€32k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€29k€24k▼
Amounts payable17/49€85k€5k▼
Amounts payable within one year42/48€85k€5k▼
Trade debts44€30k€3k▼
Suppliers440/4-€3k
Taxes, remuneration and social security45-€2k
Remuneration and social security454/9-€2k
Income statement
Code20212022
Turnover70€743k€78k▼
Non-recurring operating income76A-€10k
Goods, raw materials, services and sundry goods60/61-€118k
Remuneration, social security and pensions62-€-8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8-€553
Non-recurring operating charges66A-€2k
Gross operating margin9900€186k€-17k▼
Operating profit (loss)9901€28k€-12k▼
Financial income75/76B-€7k
Recurring financial income75€190€7k▲
Non-recurring financial income76B-€7k
Financial charges65/66B-€561
Recurring financial charges65€6k€561▼
Profit (loss) for the period before taxes9903€20k€-5k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€16k€-5k▼
Profit (loss) for the period to be appropriated9905€16k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24k
Profit (loss) brought forward from the previous period14P-€29k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · APAKIDZE SRL CHAUSSEE DE DROGENBOS 187/36, 1180 UCCLE. déclarée le 24 juillet 2023 · event 23-09-2025
2023
28-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · APAKIDZE SRL CHAUSSEE DE DROGENBOS 187/36, 1180 UCCLE · event 24-07-2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-5k ▼134%
Net result drops to €-5k, the lowest in the series.
30-06
Financial
Liquidity triplescurrent ratio 3.49
Current ratio from 1.21 to 3.49; short-term debt falls from €85k to €5k.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 49 days late
2021
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
24-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
31-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
11-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
24-07-2023 → present |