APC-CONCEPT
ActiveSummary
APC-CONCEPT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299,170 and a net result of €26,586. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.97 against 1.19 in 2024; short-term debt: 6.2% and cash: 9.8% of total assets), and 6.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
93.8%
Return on assets
8.3%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
3 d early
2021
30 d early
2020
32 d early
2019
56 d 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 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€299,170▲ 9.8%
2024 · €272,585
Total assets
€319,072▼ 4.4%
2024 · €333,593
Net result
€26,586▼ 30.2%
2024 · €38,095
Working capital
€39,117▲ 242%
2024 · €11,429
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€56,679▲ 9.4%€64,809▲ 14.3%€80,174▲ 23.7%€57,902▼ 27.8%€37,363▼ 35.5%
Net result€42,931within the sector's middle half▲ 11.1%€49,052above the sector's middle half▲ 14.3%€63,093above the sector's middle half▲ 28.6%€38,095within the sector's middle half▼ 39.6%€26,586within the sector's middle half▼ 30.2%
Equity€122,345within the sector's middle half▲ 54.1%€171,397above the sector's middle half▲ 40.1%€234,490above the sector's middle half▲ 36.8%€272,585above the sector's middle half▲ 16.2%€299,170above the sector's middle half▲ 9.8%
Total assets€335,071above the sector's middle half▼ 1.0%€325,587above the sector's middle half▼ 2.8%€342,002above the sector's middle half▲ 5.0%€333,593above the sector's middle half▼ 2.5%€319,072above the sector's middle half▼ 4.4%
Debt€212,725▼ 17.8%€154,190▼ 27.5%€107,512▼ 30.3%€61,008▼ 43.3%€19,902▼ 67.4%
Working capital-€1,891below the sector's middle half-€1,512below the sector's middle half▲ 20.0%€11,315below the sector's middle half€11,429within the sector's middle half▲ 1.0%€39,117within the sector's middle half▲ 242%
Solvency36.5%within the sector's middle half▲ 13.0pp52.6%within the sector's middle half▲ 16.1pp68.6%within the sector's middle half▲ 15.9pp81.7%above the sector's middle half▲ 13.1pp93.8%above the sector's middle half▲ 12.1pp
Current ratio0.97below the sector's middle half▼ 0.110.98below the sector's middle half=1.17below the sector's middle half▲ 0.191.19below the sector's middle half▲ 0.022.97within the sector's middle half▲ 1.78
Return on assets (ROA)12.8%within the sector's middle half▲ 1.4pp15.1%within the sector's middle half▲ 2.3pp18.4%within the sector's middle half▲ 3.4pp11.4%within the sector's middle half▼ 7.0pp8.3%within the sector's middle half▼ 3.1pp
above
within
below
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.
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 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319,072
Fixed assets
€260,054 ▼ 0.4%
Current assets
€59,019 ▼ 18.5%
Equity and liabilities €319,072
Equity
€299,170 ▲ 9.8%
Debt
€19,902 ▼ 67.4%
Debt's share of the balance-sheet total falls from 18.3% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,465▼
2024 · €59,004
Cash flow
€27,688▼
2024 · €39,197
Debt to equity
0.07▼
2024 · 0.22
ROE
8.9%▼
2024 · 14.0%
Interest coverage
52.42▲
2024 · 33.98
Debt ≤ 1 year
€19,902▼
2024 · €61,008
Income taxes
€10,869▼
2024 · €19,044
Staff costs
€2,282▲
2024 · €1,696
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €895 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €1,596 | €2,412 | €1,696 | €2,282 | ▲ 34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,717 | €1,315 | €2,380 | €1,102 | €1,102 | = |
| Other operating charges640/8 | - | €1,190 | €892 | €529 | €836 | ▲ 57.9% |
| Gross operating margin9900 | €60,702 | €68,910 | €85,859 | €61,229 | €41,583 | ▼ 32.1% |
| Operating profit (loss)9901 | €56,679 | €64,809 | €80,174 | €57,902 | €37,363 | ▼ 35.5% |
| Financial income75/76B | - | - | - | €974 | €825 | ▼ 15.2% |
| Recurring financial income75 | - | - | - | €974 | €825 | ▼ 15.2% |
| Financial charges65/66B | - | €2,711 | €510 | €1,736 | €734 | ▼ 57.7% |
| Recurring financial charges65 | €2,613 | €2,711 | €510 | €1,736 | €734 | ▼ 57.7% |
| Profit (loss) for the period before taxes9903 | €54,066 | €62,098 | €79,665 | €57,139 | €37,454 | ▼ 34.5% |
| Income taxes67/77 | €11,136 | €13,046 | €16,572 | €19,044 | €10,869 | ▼ 42.9% |
| Profit (loss) for the period9904 | €42,931 | €49,052 | €63,093 | €38,095 | €26,586 | ▼ 30.2% |
| Profit (loss) for the period to be appropriated9905 | €42,931 | €49,052 | €63,093 | €38,095 | €26,586 | ▼ 30.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €335,071 | €325,587 | €342,002 | €333,593 | €319,072 | ▼ 4.4% |
| Fixed assets21/28 | €267,223 | €263,291 | €262,258 | €261,156 | €260,054 | ▼ 0.4% |
| Tangible fixed assets22/27 | €6,395 | €2,463 | €3,278 | €2,176 | €1,074 | ▼ 50.7% |
| Plant, machinery and equipment23 | - | €1,278 | €2,130 | €1,065 | - | - |
| Furniture and vehicles24 | - | €1,184 | €1,148 | €1,111 | €1,074 | ▼ 3.3% |
| Financial fixed assets28 | €260,828 | €260,828 | €258,980 | €258,980 | €258,980 | = |
| Current assets29/58 | €67,848 | €62,297 | €79,744 | €72,437 | €59,019 | ▼ 18.5% |
| Stocks and contracts in progress3 | €3,840 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €26,212 | €15,871 | €28,926 | €22,589 | €26,487 | ▲ 17.3% |
| Trade receivables40 | - | €4,753 | €8,111 | €2,006 | €7,029 | ▲ 250% |
| Other amounts receivable41 | - | €11,118 | €20,815 | €20,583 | €19,457 | ▼ 5.5% |
| Cash at bank and in hand54/58 | €36,392 | €45,129 | €49,455 | €48,189 | €31,199 | ▼ 35.3% |
| Deferred charges and accrued income490/1 | - | €1,296 | €1,363 | €1,660 | €1,334 | ▼ 19.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €335,071 | €325,587 | €342,002 | €333,593 | €319,072 | ▼ 4.4% |
| Equity10/15 | €122,345 | €171,397 | €234,490 | €272,585 | €299,170 | ▲ 9.8% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €116,145 | €165,197 | €228,290 | €266,385 | €292,970 | ▲ 10.0% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €163,337 | €228,290 | €266,385 | €292,970 | ▲ 10.0% |
| Profit (loss) carried forward14 | €32,720 | - | - | - | - | - |
| Amounts payable17/49 | €212,725 | €154,190 | €107,512 | €61,008 | €19,902 | ▼ 67.4% |
| Amounts payable after more than one year17 | €142,986 | €90,382 | €39,083 | - | - | - |
| Financial debts170/4 | - | €90,382 | €39,083 | - | - | - |
| Amounts payable within one year42/48 | €69,739 | €63,808 | €68,429 | €61,008 | €19,902 | ▼ 67.4% |
| Current portion of amounts payable after more than one year42 | - | €52,605 | €52,782 | €45,015 | €2,966 | ▼ 93.4% |
| Trade debts44 | €7,673 | €1,432 | €4,285 | €4,939 | €2,278 | ▼ 53.9% |
| Suppliers440/4 | - | €1,432 | €4,285 | €4,939 | €2,278 | ▼ 53.9% |
| Advances received on contracts in progress46 | - | €72 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €9,700 | €11,362 | €11,054 | €13,672 | ▲ 23.7% |
| Taxes450/3 | - | €7,499 | €9,700 | €11,054 | €13,672 | ▲ 23.7% |
| Remuneration and social security454/9 | - | €2,200 | €1,662 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €986 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,931 | €49,052 | €63,093 | €38,095 | €26,586 | ▼ 30.2% |
| + Depreciation and write-downs630 | €2,717 | €1,315 | €2,380 | €1,102 | €1,102 | = |
| Operating cash flow (approximation) | €45,648 | €50,367 | €65,473 | €39,197 | €27,688 | ▼ 29.4% |
| Investment in fixed assets (approximation) | - | €2,617 | -€1,347 | €0 | €0 | - |
| Change in cash | - | €8,737 | €4,326 | -€1,266 | -€16,990 | ▼ 1,242% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 2.97
Current ratio from 1.19 to 2.97; short-term debt falls from €61,008 to €19,902.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €63,093 ▲28.6%
Operating result €80,174, net result €63,093, both a record.
30-09
Financial
Equity above €200,000Eq €234,490 ▲36.8%
5 profitable years in a row build equity to €234,490.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150,000Eq €171,397 ▲40.1%
4 profitable years in a row build equity to €171,397.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100,000Eq €122,345 ▲54.1%
3 profitable years in a row build equity to €122,345.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial
Back to profitnet €11,481
Net result €11,481 after one loss-making year.
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Registered office, Geraardsbergen · 1 establishment unit since 2009
Ground area
660 m²
Building footprint
95 m²
Volume, LiDAR
512 m³
Parcel 41041B0083/00D000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
APC-CONCEPT
since 20092.183.477.324
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41041B0083/00D000 | Flanders | 660 m² | 1 · 95 m² | 9.6 m · 2 fl. |
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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 13,746 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
Founded17-12-2009
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821523781
Also
9925:BE0821523781
Registered
13-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.