APEFE
ActiveSummary
APEFE has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of €463,132. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
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 94, Activities of membership organisations, 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), Staff (FTE).
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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 4,681 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €10.1m | €9.9m | €11.1m | €13.9m | ▲ 26.0% |
| Non-recurring operating income76A | - | €32,875 | €26,471 | €28,712 | €30,171 | ▲ 5.1% |
| Operating charges60/66A | - | €9.9m | €9.6m | €11.0m | €13.6m | ▲ 24.0% |
| Services and other goods61 | - | €6.3m | €6.4m | €7.6m | €9.8m | ▲ 29.2% |
| Remuneration, social security and pensions62 | - | €3.5m | €3.2m | €3.4m | €3.7m | ▲ 10.4% |
| Other operating charges640/8 | - | €3,997 | €5,715 | €8,534 | €76,522 | ▲ 797% |
| Non-recurring operating charges66A | - | €32,875 | €26,471 | €28,712 | €30,171 | ▲ 5.1% |
| Operating profit (loss)9901 | €331,414 | €152,550 | €321,629 | €111,424 | €362,229 | ▲ 225% |
| Financial income75/76B | - | €783 | €291 | €72,484 | €135,316 | ▲ 86.7% |
| Recurring financial income75 | €1,146 | €783 | €291 | €72,484 | €135,316 | ▲ 86.7% |
| Income from financial fixed assets750 | - | - | €291 | €72,484 | - | - |
| Income from current assets751 | - | €783 | - | - | €135,316 | - |
| Financial charges65/66B | - | €40,984 | €89,109 | €81,076 | €34,412 | ▼ 57.6% |
| Recurring financial charges65 | €166,618 | €40,984 | €89,109 | €81,076 | €34,412 | ▼ 57.6% |
| Other financial charges652/9 | - | €40,984 | €89,109 | €81,076 | €34,412 | ▼ 57.6% |
| Profit (loss) for the period before taxes9903 | €165,942 | €112,348 | €232,811 | €102,832 | €463,132 | ▲ 350% |
| Profit (loss) for the period9904 | €165,942 | €112,348 | €232,811 | €102,832 | €463,132 | ▲ 350% |
| Profit (loss) for the period to be appropriated9905 | €165,942 | €112,348 | €232,811 | €102,832 | €463,132 | ▲ 350% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.9m | €3.9m | €7.6m | €8.2m | €10.8m | ▲ 31.8% |
| Current assets29/58 | €5.9m | €3.9m | €7.6m | €8.2m | €10.8m | ▲ 31.8% |
| Amounts receivable within one year40/41 | €669,061 | €801,844 | €731,845 | €858,448 | €733,977 | ▼ 14.5% |
| Trade receivables40 | - | €632,233 | €362,712 | €354,608 | €248,728 | ▼ 29.9% |
| Other amounts receivable41 | - | €169,610 | €369,133 | €503,841 | €485,249 | ▼ 3.7% |
| Current investments50/53 | €1.5m | €500,000 | €1.0m | €1.0m | €1.0m | = |
| Cash at bank and in hand54/58 | €3.7m | €2.6m | €5.8m | €6.3m | €9.1m | ▲ 43.1% |
| Deferred charges and accrued income490/1 | - | - | €288 | €2,651 | €2,072 | ▼ 21.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.9m | €3.9m | €7.6m | €8.2m | €10.8m | ▲ 31.8% |
| Equity10/15 | €759,655 | €872,003 | €1.1m | €1.2m | €1.7m | ▲ 38.3% |
| Contributions10/11 | - | - | - | - | €887,346 | - |
| Capital10 | - | - | - | - | €887,346 | - |
| Reserves13 | - | - | €217,469 | €320,301 | €783,433 | ▲ 145% |
| Profit (loss) carried forward14 | -€127,691 | -€15,342 | - | - | - | - |
| Provisions and deferred taxes16 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.6% |
| Provisions for liabilities and charges160/5 | - | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.6% |
| Other liabilities and charges164/5 | - | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.6% |
| Amounts payable17/49 | €3.9m | €1.9m | €5.3m | €5.9m | €8.0m | ▲ 37.2% |
| Amounts payable within one year42/48 | €3.9m | €1.9m | €5.3m | €5.9m | €8.0m | ▲ 37.2% |
| Trade debts44 | €207,468 | €176,292 | €726,356 | €145,727 | €256,641 | ▲ 76.1% |
| Suppliers440/4 | - | €176,292 | €726,356 | €145,727 | €256,641 | ▲ 76.1% |
| Taxes, remuneration and social security45 | - | €125,169 | €177,678 | €157,886 | €221,364 | ▲ 40.2% |
| Taxes450/3 | - | €2,213 | €35,434 | €8,059 | €53,356 | ▲ 562% |
| Remuneration and social security454/9 | - | €122,956 | €142,244 | €149,827 | €168,008 | ▲ 12.1% |
| Accrued charges and deferred income492/3 | - | €99 | €64 | €377 | €180 | ▼ 52.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €165,942 | €112,348 | €232,811 | €102,832 | €463,132 | ▲ 350% |
| Operating cash flow (approximation) | €165,942 | €112,348 | €232,811 | €102,832 | €463,132 | ▲ 350% |
| Change in cash | - | -€1.0m | €3.2m | €510,674 | €2.7m | ▲ 436% |
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
30-09
State Gazette act
Resignations: AERTS-BANCKEN Fabrice, HEINDRICHS Bénédicte and KASSI OlivierAppointments: HELLEMANS Anne, RANDOUR François and 2 others25 facts ▸
- General meeting, 29-06-2026
- Director resignation, AERTS-BANCKEN Fabrice (director)
- Director resignation, HEINDRICHS Bénédicte (director)
- Director resignation, KASSI Olivier (director)
- Director appointment, HELLEMANS Anne (director)
- Director appointment, RANDOUR François (director)
- Director appointment, SCHIPPERS Marie (director)
- Director appointment, BAIWIR Renaud (director)
- Board composition, DELCOMMINETTE Pascale (administratrice déléguée)
- Board composition, BAIWIR Renaud (director)
- Board composition, CARETTE Christian (director)
- Board composition, DEGRYSE Élisabeth (director)
- +13 further facts in this act
About the unread acts
Of the 22 Belgian State Gazette acts we know for this company, 1 has been read. The other 21 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0178/00E010 | Brussels | 1,988 m² | 1 · 1,733 m² | 30.2 m · 9 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BAIWIR Renaud |
|
| HELLEMANS Anne |
|
| RANDOUR François |
|
| SCHIPPERS Marie |
|
| AERTS-BANCKEN Fabrice |
|
| HEINDRICHS Bénédicte |
|
| KASSI Olivier |
|
Structure & network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Subsidies and aid
Federal government
2023 to 2025 · 5 entries · 29,779,432 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Buitenlandse Zaken | 1 | 9,819,488 EUR |
| 2024 | FOD Buitenlandse Zaken | 2 | 10,070,893 EUR |
| 2023 | FOD Buitenlandse Zaken | 2 | 9,889,051 EUR |
Wallonia-Brussels Federation
2023 to 2025 · 9 entries · 1,681,175 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 2 | 481,406 EUR |
| 2024 | 4 | 633,941 EUR |
| 2023 | 3 | 565,828 EUR |
European Union, budget
2021 to 2023 · 33 entries| Year | Entries | awarded |
|---|---|---|
| 2023 | 5 | 0 EUR |
| 2022 | 15 | 0 EUR |
| 2021 | 13 | 0 EUR |
Show 23 more projects
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Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.