APEREAU
ActiveAPEREAU has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-23k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 48% of 3644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-16
Solvency52▼-34
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 2.31 in 2024; short-term debt: 72.7% and cash: 0.3% of total assets), and 72.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.3%
Return on assets
-6.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
19 d late
2023
29 d late
2022
31 d late
2021
25 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€92k▼ 20.2%
2024 · €115k
2018: €94k
2019: €109k
2020: €1k
2021: €34k
2022: €80k
2023: €114k
2024: €115k
2018 → 2025
Total assets
€337k▲ 79.0%
2024 · €188k
2018: €372k
2019: €419k
2020: €268k
2021: €262k
2022: €334k
2023: €212k
2024: €188k
2018 → 2025
Net result
€-23k
2024 · €906
2018: €32k
2019: €16k
2020: €-108k
2021: €32k
2022: €46k
2023: €34k
2024: €906
2018 → 2025
Working capital
€92k▼ 4.4%
2024 · €96k
2018: €93k
2019: €38k
2020: €41k
2021: €119k
2022: €100k
2023: €116k
2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€80k▲ 138%€114k▲ 42.1%€115k▲ 0.8%€92k▼ 20.2%
Operating result€35k-€49k▲ 39.4%€52k▲ 4.2%€5k▼ 91.2%€-24k
Net result€32k-€46k▲ 43.8%€34k▼ 27.3%€906▼ 97.3%€-23k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €337k
Equity
€92k▼ 20.2%
Debt
€245k▲ 235%
The debt ratio rises from 38.8% to 72.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▼
2024 · €8k
Cash flow
€-23k▼
2024 · €5k
Solvency
27.3%▼
2024 · 61.2%
Current ratio
1.37▼
2024 · 2.31
Quick ratio
1.37▼
2024 · 2.31
Debt / equity
2.67▲
2024 · 0.63
ROE
-25.3%▼
2024 · 0.8%
ROA
-6.9%▼
2024 · 0.5%
Interest coverage
-2.65▼
2024 · 0.78
Debt
€245k▲
2024 · €73k
Debt ≤ 1 year
€245k▲
2024 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€188k€337k▲
Fixed assets21/28€19k€0▼
Tangible fixed assets22/27€19k€0▼
Plant, machinery and equipment23€19k€0▼
Current assets29/58€169k€337k▲
Amounts receivable after more than one year29€85k€317k▲
Other amounts receivable291€85k€317k▲
Amounts receivable within one year40/41€82k€19k▼
Trade receivables40€47k€12k▼
Other amounts receivable41€35k€7k▼
Cash at bank and in hand54/58€643€870▲
Deferred charges and accrued income490/1€831€98▼
Equity and liabilities
Total equity and liabilities10/49€188k€337k▲
Equity10/15€115k€92k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€95k€71k▼
Amounts payable17/49€73k€245k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€73k€245k▲
Current portion of amounts payable after more than one year42€27k€2k▼
Trade debts44€38k€243k▲
Suppliers440/4€38k€243k▲
Other amounts payable47/48€8k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€0▼
Other operating charges640/8€118€120▲
Gross operating margin9900€9k€-24k▼
Operating profit (loss)9901€5k€-24k▼
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€906€-23k▼
Profit (loss) for the period9904€906€-23k▼
Profit (loss) for the period to be appropriated9905€906€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€71k▼
Profit (loss) brought forward from the previous period14P€94k€95k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €114k ▲42.1%
3 profitable years in a row build equity to €114k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €46k ▲43.8%
Net result €46k, the highest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-108k ▼781%
Net result drops to €-108k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €100kEq €109k ▲17%
2 profitable years in a row build equity to €109k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
12-05
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.
Directors · office · real estate
Directors
8 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, Ranst · 1 establishment unit since 1985
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.
Ter Stratenweg 252520 RanstGround area
4,016 m²
Building footprint
1,172 m²
Volume, LiDAR
8,879 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Apereau
since 19852.026.535.975
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0355/00C000 | Flanders | 3,887 m² | 1 · 1,064 m² | 9.1 m · 2 fl. |
| 11811L3682/00Z000 | Flanders | 129 m² | 1 · 108 m² | 16.1 m · 5 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).
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 20,257 EUR awarded · 20,257 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 20,257 EUR | 20,257 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Vlaams Beschermingsmechanisme 11 (stopgezet)
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Of 7,508 companies in sector 56210 we hold annual accounts for 2,445. 2,009 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-1985
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
64200Holdings
64210Activities of holding companies
90021Arts creation and performing arts activities
90029Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.