APE IMMO
ActiveSummary
APE IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124k and a net result of €66k. Equity is growing by ~66.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency54▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.96 in 2023; short-term debt: 23.3% and cash: 4.4% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
29 d early
2022
32 d late
2021
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€124k▲ 28.5%
2023 · €96k
2021: €28k
2022: €43k
2023: €96k
2021 → 2024
Total assets
€424k▼ 11.5%
2023 · €478k
2021: €50k
2022: €316k
2023: €478k
2021 → 2024
Net result
€66k▼ 46.0%
2023 · €123k
2021: €23k
2022: €15k
2023: €123k
2021 → 2024
Working capital
€14k
2023 · €-6k
2021: €23k
2022: €-50k
2023: €-6k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€28k-€43k▲ 54.7%€96k▲ 123%€124k▲ 28.5%
Operating result€30k-€24k▼ 19.3%€161k▲ 569%€91k▼ 43.2%
Net result€23k-€15k▼ 33.4%€123k▲ 705%€66k▼ 46.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €424k
Fixed assets
€311k ▼ 6.3%
Current assets
€112k ▼ 23.1%
Equity and liabilities €424k
Equity
€124k ▲ 28.5%
Debt
€300k ▼ 21.5%
Debt's share of the balance-sheet total falls from 79.9% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▼
2023 · €182k
Cash flow
€91k▼
2023 · €144k
Current ratio
1.14▲
2023 · 0.96
Debt to equity
2.42▼
2023 · 3.97
ROE
53.7%▼
2023 · 127.8%
ROA
15.7%▼
2023 · 25.7%
Interest coverage
20.23▼
2023 · 32.54
Debt ≤ 1 year
€99k▼
2023 · €153k
Debt > 1 year
€201k▼
2023 · €229k
Income taxes
€19k▼
2023 · €33k
Staff costs
€30k▲
2023 · €9k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€478k€424k▼
Fixed assets21/28€332k€311k▼
Intangible fixed assets21€19k€17k▼
Tangible fixed assets22/27€313k€294k▼
Land and buildings22€278k€274k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€32k€15k▼
Financial fixed assets28€195€195=
Current assets29/58€146k€112k▼
Amounts receivable within one year40/41€120k€91k▼
Trade receivables40€120k€84k▼
Other amounts receivable41€25€7k▲
Cash at bank and in hand54/58€26k€19k▼
Deferred charges and accrued income490/1€199€2k▲
Equity and liabilities
Total equity and liabilities10/49€478k€424k▼
Equity10/15€96k€124k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€91k€119k▲
Amounts payable17/49€382k€300k▼
Amounts payable after more than one year17€229k€201k▼
Financial debts170/4€229k€201k▼
Amounts payable within one year42/48€153k€99k▼
Current portion of amounts payable after more than one year42€11k€23k▲
Trade debts44€7k€712▼
Suppliers440/4€7k€712▼
Taxes, remuneration and social security45€66k€36k▼
Taxes450/3€66k€28k▼
Remuneration and social security454/9-€8k
Other amounts payable47/48€68k€39k▼
Income statement
Code20232024
Remuneration, social security and pensions62€9k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€192k€154k▼
Operating profit (loss)9901€161k€91k▼
Financial income75/76B€156€25▼
Recurring financial income75€156€25▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€156k€86k▼
Income taxes67/77€33k€19k▼
Profit (loss) for the period9904€123k€66k▼
Profit (loss) for the period to be appropriated9905€123k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€161k€158k▼
Profit (loss) brought forward from the previous period14P€38k€91k▲
Profit to be distributed694/7€70k€39k▼
Return on contributions (dividend)694€70k€39k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €124k ▲28.5%
4 profitable years in a row build equity to €124k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €123k ▲705%
Operating result €161k, net result €123k, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €15k ▼33.4%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grimbergen · 1 establishment unit since 2020
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.
Hogesteenweg 171850 GrimbergenGround area
424 m²
Building footprint
205 m²
Volume, LiDAR
2,508 m³
2 parcels, Brussels, Flanders · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
APE IMMO srl
since 20202.311.045.487
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 fl. |
| 23402E0264/00G000 | Flanders | 99 m² | 1 · 76 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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DOUR DEPOTS
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,233 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@apimmo.eu
Phone:0470298521