Equity
€2,000 from €138,032 in 2023
Equity fell by 99% in 2 years.
APCoding
Lifetime
5 annual accounts with figures on one time axispeak €101,538 (2025)
€101,538▲ 8.9%
peak €73,242 (2025)
€73,242▲ 4.4%
peak €138,032 (2023)
€2,000▼ 95.8%
€121,452▼ 25.3%
Board1 name since 2021
1 director
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Dividend €119,418Equity from €48,176 to €2,000Debts from €162,690 to €121,452Cash from €190,066 to €106,135
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€121,452 98% of the balance sheet
Investments
€4,841 1.5 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts 1 late
The 2024 accounts came 6 days late. The other four were filed on time.
Position in the sector
€2,000
Less equity than 90% of companies in computer programming and consultancy. Sector median €68,850 · 22,046 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as APCoding has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for APCoding. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Recent changes
Registered office moved to Court St Etienne
New registered office: Chemin de Noirhat 2A, 1490 Court St Etienne · Board meeting of 01-04-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0772824239
Incorporation
Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 26-08-2021 · Gazette deed
First establishment
Chemin de Noirhat 2A, Court-Saint-Etienne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| APCoding Court-Saint-Etienne | €123,452 | €101,538 | 1.6% | - |
| LEMONSITO Ittre | €107,657 | €106,639 | 1.9% | - |
| NUDGE GROUP Genappe | €111,657 | €94,529 | 42.5% | - |
| ALMAXTECH Braine-l'Alleud | €115,678 | €89,764 | 52.2% | - |
| Occam Braine-le-Château | €102,259 | €105,356 | 3.3% | - |
| Aproma Brasschaat | €119,983 | €98,520 | 80.2% | - |
| Francis M Beveren-Kruibeke-Zwijndrecht | €122,296 | €106,017 | 94.7% | - |
These companies have the same main activity as APCoding: computer programming (NACE 62100). They are comparable in size and age: total assets between €102,000 and €122,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 24-08-2021Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.320.776.9631490 Court-Saint-Etienne, since 24-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-09-2021
Annual accounts 2025
- €123,452▼ 41.5%
- Filing
- Filed on 25-03-2026, 128 days before the end of the filing period
Insights on APCoding
APCoding files the micro format. That format states no turnover. The gross margin rose from €19,128 in 2021 to €101,538 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about APCoding
- What is the company number of APCoding?
- The company number of APCoding is 0772.824.239. The VAT number is the same number with BE in front: BE 0772.824.239.
- Where is APCoding based?
- The registered office is at Chemin de Noirhat 2A, 1490 Court-Saint-Etienne.Company details
- What does APCoding do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of APCoding?
- APCoding is a private limited company (BV).
- When was APCoding founded?
- APCoding was founded on 24-08-2021.
- Is APCoding still active?
- Yes, APCoding is an active enterprise in the KBO register.
- What is the turnover of APCoding?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €101,538 and 32 comparable companies (NACE 62100). It probably lies between €130,000 and €210,000.Financials
- Is APCoding profitable?
- In financial year 2025, APCoding made a profit of €73,242.
- Where can I find the annual accounts of APCoding?
- APCoding filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of APCoding due?
- APCoding must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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