APANGEO
ActiveSummary
APANGEO has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €254,420 and a net result of €140,053. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 23% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 6 accounts on average 746 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €54 | - | €10 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €775 | €775 | €344 | €418 | €1,467 | ▲ 251% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €24,632 | - | - |
| Other operating charges640/8 | €4,981 | €2,107 | €1,250 | €6,111 | €4,905 | ▼ 19.7% |
| Non-recurring operating charges66A | €13,345 | €16,862 | - | - | - | - |
| Gross operating margin9900 | €155,602 | €247,641 | €215,574 | €151,194 | €201,051 | ▲ 33.0% |
| Operating profit (loss)9901 | €136,501 | €227,897 | €213,926 | €120,033 | €194,669 | ▲ 62.2% |
| Financial income75/76B | - | €26 | - | €1,150 | €2 | ▼ 99.8% |
| Recurring financial income75 | - | €26 | - | €1,150 | €2 | ▼ 99.8% |
| Financial charges65/66B | €285 | €243 | €65,290 | €460 | €378 | ▼ 17.8% |
| Recurring financial charges65 | €285 | €243 | €65,290 | €460 | €378 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | €136,216 | €227,680 | €148,636 | €120,723 | €194,293 | ▲ 60.9% |
| Income taxes67/77 | €50,656 | €66,237 | €57,833 | €33,982 | €54,240 | ▲ 59.6% |
| Profit (loss) for the period9904 | €85,560 | €161,443 | €90,803 | €86,741 | €140,053 | ▲ 61.5% |
| Profit (loss) for the period to be appropriated9905 | €85,560 | €161,443 | €90,803 | €86,741 | €140,053 | ▲ 61.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €461,822 | €675,135 | €825,466 | €987,827 | €845,520 | ▼ 14.4% |
| Fixed assets21/28 | €775 | - | €911 | €493 | €4,561 | ▲ 825% |
| Tangible fixed assets22/27 | €775 | - | €911 | €493 | €4,561 | ▲ 825% |
| Furniture and vehicles24 | €775 | - | €911 | €493 | €4,561 | ▲ 825% |
| Current assets29/58 | €461,047 | €675,135 | €824,555 | €987,334 | €840,959 | ▼ 14.8% |
| Amounts receivable within one year40/41 | €386,116 | €591,410 | €755,792 | €917,194 | €799,622 | ▼ 12.8% |
| Trade receivables40 | €44,278 | €165,196 | €212,047 | €292,869 | €352,341 | ▲ 20.3% |
| Other amounts receivable41 | €341,838 | €426,214 | €543,745 | €624,325 | €447,281 | ▼ 28.4% |
| Cash at bank and in hand54/58 | €74,931 | €83,725 | €68,763 | €70,140 | €41,337 | ▼ 41.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €461,822 | €675,135 | €825,466 | €987,827 | €845,520 | ▼ 14.4% |
| Equity10/15 | €45,380 | €56,823 | €77,626 | €114,367 | €254,420 | ▲ 122% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €37,320 | €48,763 | €69,566 | €106,307 | €246,360 | ▲ 132% |
| Amounts payable17/49 | €416,442 | €618,312 | €747,840 | €873,460 | €591,100 | ▼ 32.3% |
| Amounts payable within one year42/48 | €416,442 | €618,312 | €747,840 | €873,460 | €591,100 | ▼ 32.3% |
| Trade debts44 | €109 | €1,128 | €3,221 | €13,362 | €11,048 | ▼ 17.3% |
| Suppliers440/4 | €109 | €1,128 | €3,221 | €13,362 | €11,048 | ▼ 17.3% |
| Taxes, remuneration and social security45 | €234,333 | €330,184 | €408,619 | €489,098 | €580,052 | ▲ 18.6% |
| Taxes450/3 | €234,333 | €330,184 | €408,619 | €489,098 | €580,052 | ▲ 18.6% |
| Other amounts payable47/48 | €182,000 | €287,000 | €336,000 | €371,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,560 | €161,443 | €90,803 | €86,741 | €140,053 | ▲ 61.5% |
| + Depreciation and write-downs630 | €775 | €775 | €344 | €418 | €1,467 | ▲ 251% |
| Operating cash flow (approximation) | €86,335 | €162,218 | €91,147 | €87,159 | €141,520 | ▲ 62.4% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€5,535 | - |
| Change in cash | - | €8,794 | -€14,962 | €1,377 | -€28,803 | ▼ 2,192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 fl. |
| 23543O0002/00G003 | Flanders | 2,432 m² | 1 · 130 m² | - |
| 21682C0157/00Z004 | Brussels | 208 m² | 1 · 129 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Company details
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Register as of 30 September 2026 · Peppol Directory
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