APEX
Open bankruptcyA bankruptcy procedure is open for APEX according to publications in the Belgian State Gazette; curator: GAUTIER PIRARD.
Summary
The 2022 annual accounts show equity of €244k and a net result of €97k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-09-2023, 51 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
51 d late
2021
58 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€244k▲ 66.5%
2021 · €147k
2021: €147k
2021 → 2022
Total assets
€866k▼ 12.4%
2021 · €988k
2021: €988k
2021 → 2022
Net result
€97k▼ 23.1%
2021 · €127k
2021: €127k
2021 → 2022
Working capital
€198k▲ 107%
2021 · €96k
2021: €96k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€147k-€244k▲ 66.5%
Operating result€144k-€98k▼ 32.3%
Net result€127k-€97k▼ 23.1%
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 2022; 2022 is 32% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €866k
Fixed assets
€46k ▼ 9.3%
Current assets
€820k ▼ 12.6%
Equity and liabilities €866k
Equity
€244k ▲ 66.5%
Debt
€621k ▼ 26.2%
Debt's share of the balance-sheet total falls from 85.2% to 71.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104k▼
2021 · €150k
Cash flow
€104k▼
2021 · €133k
Current ratio
1.32▲
2021 · 1.11
Quick ratio
1.29▲
2021 · 1.10
Debt to equity
2.55▼
2021 · 5.74
ROE
39.9%▼
2021 · 86.4%
ROA
11.2%▼
2021 · 12.8%
Interest coverage
639.26▲
2021 · 12.94
Debt ≤ 1 year
€621k▼
2021 · €842k
Staff costs
€141k▲
2021 · €87k
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 · 2022 against 2021 · 44 lines
Balance sheet
Code20212022
Assets
Total assets20/58€988k€866k▼
Fixed assets21/28€51k€46k▼
Intangible fixed assets21€18k€16k▼
Tangible fixed assets22/27€33k€30k▼
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26€31k€27k▼
Current assets29/58€938k€820k▼
Stocks and contracts in progress3€10k€20k▲
Stocks30/36€10k€20k▲
Amounts receivable within one year40/41€916k€776k▼
Trade receivables40€570k€95k▼
Other amounts receivable41€346k€681k▲
Cash at bank and in hand54/58€12k€23k▲
Equity and liabilities
Total equity and liabilities10/49€988k€866k▼
Equity10/15€147k€244k▲
Contributions10/11€20k€20k▲
Capital10€20k€20k▲
Issued capital100€20k€20k▲
Profit (loss) carried forward14€127k€224k▲
Amounts payable17/49€842k€621k▼
Amounts payable within one year42/48€842k€621k▼
Current portion of amounts payable after more than one year42€38k-
Financial debts43€725k€425k▼
Credit institutions430/8€725k€425k▼
Trade debts44€1k€169k▲
Suppliers440/4€1k€169k▲
Taxes, remuneration and social security45€77k€27k▼
Taxes450/3€77k€24k▼
Remuneration and social security454/9-€3k
Income statement
Code20212022
Remuneration, social security and pensions62€87k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€4k€323▼
Gross operating margin9900€241k€245k▲
Operating profit (loss)9901€144k€98k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€12k€163▼
Recurring financial charges65€12k€163▼
Profit (loss) for the period before taxes9903€132k€97k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€127k€97k▼
Profit (loss) for the period to be appropriated9905€127k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€224k▲
Profit (loss) brought forward from the previous period14P-€127k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL APEX AVENUE DU FOUR A BRIQUES 6-8, 1140 EVERE · event 02-06-2025
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Equity above €200kEq €244k ▲66.5%
2 profitable years in a row build equity to €244k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
SignalFinancial 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
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.
Ground area
1.4 ha
Building footprint
6,774 m²
Volume, LiDAR
43,991 m³
2 parcels, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Koninklijke Sinte-Mariastraat 176, 1030 Schaarbeek
since 20202.305.785.713
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0110/00A000 | Brussels | 1.3 ha | 1 · 6,662 m² | 9.9 m · 2 fl. |
| 21910E0194/00D011 | Brussels | 174 m² | 1 · 111 m² | 19.1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GAUTIER PIRARD AVENUE FRANKLIN ROOSE-
VELT 51, 1050 IXELLES |
02-06-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.305.785.713
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.