Financials
- Financial year
- 2025
- Total assets
- €653,212
- Profit
- €121,452
- Solvency
- 17.6%
Total assets▼ 15.2%
Net result
20242025
APEX SERVICES
ActiveSummary
APEX SERVICES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,814 and a net result of €121,452. Its solvency ranks better than 18% of 9,591 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
General electrical installation work
NACE 43211Manufacture of metal structures and parts of structures NACE 25110
#7 employer in Ichtegem, Construction sector1 site
Size
€653,212total assets 2025
- Staff
- 6.8 FTE
- Equity
- €114,814
- Profit
- €121,452
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- ELEKTRO SANTENS · 50%
Accounts 30 days early0 of 2 deeds read
Why 64raises riskFounded in 2024Size: 6.8 FTE, total assets €653,212Equity €114,814 (17.6% of total assets)lowers riskLiquidity: current ratio 1.07, cash €177,399Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
43+6
equity 17.6% of total assets
Liquidity
42+25
short-term debt 77.3% · cash 27.2%
Profitability
92-8
return on assets 18.6%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 1.9%
08-2025: 1.2%▼ -0.7 percentage points vs 07-2025lowest value
09-2025: 1.2%● unchanged vs 08-2025lowest value
10-2025: 1.3%▲ +0.1 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.4%▲ +0.1 percentage points vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.7%▲ +0.3 percentage points vs 05-2026
07-2026: 1.9%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 1.4%▼ -0.5 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.07, compared with 1.01 in 2024; short-term debt: 77.3% and cash: 27.2% of total assets), and 82.4% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 20% on solvency, 31% on liquidity, 78% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9591 sector peers (2025).
NBB · sector comparisonPosition among 9591 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 days early
2024
13 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €100,000equity €114,814 ▲23%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Largest shareholder
- ELEKTRO SANTENS · 50%
Timeline
- Events
- 3
- Since
- 2025
- Next accounts
- by 31-07-2027
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 06-06-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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