APB Technics
ActiveSummary
The computed 12-month bankruptcy probability of APB Technics is 2.4% (moderate). The 2025 annual accounts show equity of €24k and a net result of €2k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-3
Solvency42▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.09 in 2024; short-term debt: 82.7% and cash: 15.1% of total assets), and 82.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
1.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
17 d early
2024
20 d early
2023
19 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▲ 8.1%
2024 · €22k
2023: €16klowest in 3 years
2024: €22k▲ +35.4% vs 2023
2025: €24k▲ +8.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€139k▼ 16.7%
2024 · €166k
2023: €105klowest in 3 years
2024: €166k▲ +58.4% vs 2023highest in 3 years
2025: €139k▼ -16.7% vs 2024
2023 → 2025
Net result
€2k▼ 68.9%
2024 · €6k
2023: €15khighest in 3 years
2024: €6k▼ -62.3% vs 2023
2025: €2k▼ -68.9% vs 2024lowest in 3 years
2023 → 2025
Working capital
€16k▲ 24.5%
2024 · €13k
2023: €598lowest in 3 years
2024: €13k▲ +2045% vs 2023
2025: €16k▲ +24.5% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€16k-€22k▲ 35.4%€24k▲ 8.1%
2023: €16klowest in 3 years
2024: €22k▲ +35.4% vs 2023
2025: €24k▲ +8.1% vs 2024highest in 3 years
Operating result€21k-€9k▼ 55.3%€2k▼ 81.1%
2023: €21khighest in 3 years
2024: €9k▼ -55.3% vs 2023
2025: €2k▼ -81.1% vs 2024lowest in 3 years
Net result€15k-€6k▼ 62.3%€2k▼ 68.9%
2023: €15khighest in 3 years
2024: €6k▼ -62.3% vs 2023
2025: €2k▼ -68.9% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets
€8k ▼ 14.3%
Current assets
€131k ▼ 16.8%
Equity and liabilities €139k
Equity
€24k ▲ 8.1%
Debt
€115k ▼ 20.5%
Debt's share of the balance-sheet total falls from 86.6% to 82.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €16k
Cash flow
€9k▼
2024 · €12k
Current ratio
1.14▲
2024 · 1.09
Quick ratio
0.99▲
2024 · 0.96
Debt to equity
4.77▼
2024 · 6.49
ROE
7.5%▼
2024 · 26.1%
ROA
1.3%▼
2024 · 3.5%
Interest coverage
35.86▲
2024 · 9.71
Debt ≤ 1 year
€115k▼
2024 · €144k
Staff costs
€82k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€139k▼
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€9k€8k▼
Plant, machinery and equipment23€9k€8k▼
Current assets29/58€157k€131k▼
Stocks and contracts in progress3€18k€17k▼
Stocks30/36€18k€17k▼
Amounts receivable within one year40/41€135k€91k▼
Trade receivables40€125k€70k▼
Other amounts receivable41€11k€21k▲
Cash at bank and in hand54/58€3k€21k▲
Deferred charges and accrued income490/1€625€843▲
Equity and liabilities
Total equity and liabilities10/49€166k€139k▼
Equity10/15€22k€24k▲
Contributions10/11€1k€1k=
Reserves13€21k€23k▲
Distributable reserves133€21k€23k▲
Amounts payable17/49€144k€115k▼
Amounts payable within one year42/48€144k€115k▼
Trade debts44€135k€101k▼
Suppliers440/4€135k€101k▼
Taxes, remuneration and social security45€9k€14k▲
Taxes450/3€7k€3k▼
Remuneration and social security454/9€2k€11k▲
Other amounts payable47/48€300-
Income statement
Code20242025
Remuneration, social security and pensions62€21k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€505€550▲
Gross operating margin9900€37k€92k▲
Operating profit (loss)9901€9k€2k▼
Financial income75/76B€69€276▲
Recurring financial income75€69€276▲
Financial charges65/66B€2k€254▼
Recurring financial charges65€2k€254▼
Profit (loss) for the period before taxes9903€8k€2k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€2k▼
Profit (loss) for the period to be appropriated9905€6k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€2k▼
Transfer to equity691/2€6k€2k▼
To other reserves6921€6k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €21k | €82k | ▲ 294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €6k | €7k | ▲ 14.3% |
| Other operating charges640/8 | €1k | €505 | €550 | ▲ 8.8% |
| Gross operating margin9900 | €26k | €37k | €92k | ▲ 147% |
| Operating profit (loss)9901 | €21k | €9k | €2k | ▼ 81.1% |
| Financial income75/76B | €3 | €69 | €276 | ▲ 298% |
| Recurring financial income75 | €3 | €69 | €276 | ▲ 298% |
| Financial charges65/66B | €1k | €2k | €254 | ▼ 84.4% |
| Recurring financial charges65 | €1k | €2k | €254 | ▼ 84.4% |
| Profit (loss) for the period before taxes9903 | €20k | €8k | €2k | ▼ 77.1% |
| Income taxes67/77 | €5k | €2k | - | - |
| Profit (loss) for the period9904 | €15k | €6k | €2k | ▼ 68.9% |
| Profit (loss) for the period to be appropriated9905 | €15k | €6k | €2k | ▼ 68.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €105k | €166k | €139k | ▼ 16.7% |
| Fixed assets21/28 | €16k | €9k | €8k | ▼ 14.3% |
| Tangible fixed assets22/27 | €16k | €9k | €8k | ▼ 14.3% |
| Plant, machinery and equipment23 | €16k | €9k | €8k | ▼ 14.3% |
| Current assets29/58 | €89k | €157k | €131k | ▼ 16.8% |
| Stocks and contracts in progress3 | €11k | €18k | €17k | ▼ 5.6% |
| Stocks30/36 | €11k | €18k | €17k | ▼ 5.6% |
| Amounts receivable within one year40/41 | €77k | €135k | €91k | ▼ 32.4% |
| Trade receivables40 | €28k | €125k | €70k | ▼ 43.5% |
| Other amounts receivable41 | €50k | €11k | €21k | ▲ 94.1% |
| Cash at bank and in hand54/58 | €668 | €3k | €21k | ▲ 700% |
| Deferred charges and accrued income490/1 | - | €625 | €843 | ▲ 35.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €105k | €166k | €139k | ▼ 16.7% |
| Equity10/15 | €16k | €22k | €24k | ▲ 8.1% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Reserves13 | €15k | €21k | €23k | ▲ 8.5% |
| Distributable reserves133 | €15k | €21k | €23k | ▲ 8.5% |
| Amounts payable17/49 | €89k | €144k | €115k | ▼ 20.5% |
| Amounts payable within one year42/48 | €89k | €144k | €115k | ▼ 20.5% |
| Trade debts44 | €74k | €135k | €101k | ▼ 25.6% |
| Suppliers440/4 | €74k | €135k | €101k | ▼ 25.6% |
| Advances received on contracts in progress46 | €10k | - | - | - |
| Taxes, remuneration and social security45 | €5k | €9k | €14k | ▲ 60.2% |
| Taxes450/3 | €5k | €7k | €3k | ▼ 57.0% |
| Remuneration and social security454/9 | - | €2k | €11k | ▲ 454% |
| Other amounts payable47/48 | - | €300 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €6k | €2k | ▼ 68.9% |
| + Depreciation and write-downs630 | €3k | €6k | €7k | ▲ 14.3% |
| Operating cash flow (approximation) | €19k | €12k | €9k | ▼ 25.2% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | - |
| Change in cash | - | €2k | €18k | ▲ 841% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼68.9%
Net result drops to €2k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Hulshout · 1 establishment unit since 2022
Ground area
868 m²
Building footprint
255 m²
Volume, LiDAR
362 m³
Parcel 13015A0180/00C000, Flanders · tallest building 10.6 m. Linked by address, not a title deed.
1 establishment unit
APB-Technics
since 20222.339.659.794
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13015A0180/00C000 | Flanders | 867 m² | 1 · 255 m² | 10.6 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 381 EUR awarded · 381 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 108 EUR | 108 EUR |
| 2023 | 1 | 273 EUR | 273 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,014 companies in sector 43310 we hold annual accounts for 1,746. 1,394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43110Demolition
43230Insulation installation
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
Contact
E-mail
sandy@apb-construct.beHulshout
Scores and ratios are computed by Checked and are not a credit decision.