API DÉVELOPPEMENT
ActiveSummary
API DÉVELOPPEMENT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €737,118 and a net result of €59,377. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 823 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-9
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 18.71 against 14.98 in 2024; short-term debt: 3.9% and cash: 10.2% of total assets), and 4.6% of the assets are financed with debt.
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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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.4%
Return on assets
7.7%
Age of the figures
13 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 13-03-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
3 d late
2023
2 d early
2022
17 d early
2021
21 d early
2020
12 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 14 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close29-09-2026 today31-03-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€132,171▲ 21.3%
2023 · €108,956
EBIT margin
59.6%▲ 1.6pp
2023 · 58.0%
Net result
€59,377▼ 6.6%
2024 · €63,596
Working capital
€532,614▲ 19.4%
2024 · €446,013
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€108,956€132,171▲ 21.3%
Operating result€61,141▲ 171%€66,308▲ 8.5%€63,244▼ 4.6%€78,812▲ 24.6%€76,405▼ 3.1%
Net result€39,340within the sector's middle half▲ 305%€44,036above the sector's middle half▲ 11.9%€45,642above the sector's middle half▲ 3.6%€63,596above the sector's middle half▲ 39.3%€59,377▼ 6.6%
EBIT margin58.0%59.6%▲ 1.6pp
Equity€524,467above the sector's middle half▲ 8.1%€568,504above the sector's middle half▲ 8.4%€614,146above the sector's middle half▲ 8.0%€677,742above the sector's middle half▲ 10.4%€737,118▲ 8.8%
Total assets€676,881above the sector's middle half▲ 0.1%€681,435within the sector's middle half▲ 0.7%€682,491within the sector's middle half▲ 0.2%€716,557within the sector's middle half▲ 5.0%€773,010▲ 7.9%
Debt€152,414▼ 20.2%€112,931▼ 25.9%€68,344▼ 39.5%€38,815▼ 43.2%€35,892▼ 7.5%
Working capital€294,334above the sector's middle half▲ 11.5%€325,674above the sector's middle half▲ 10.6%€357,060above the sector's middle half▲ 9.6%€446,013above the sector's middle half▲ 24.9%€532,614▲ 19.4%
Solvency77.5%above the sector's middle half▲ 5.7pp83.4%above the sector's middle half▲ 5.9pp90.0%above the sector's middle half▲ 6.6pp94.6%above the sector's middle half▲ 4.6pp95.4%▲ 0.8pp
Current ratio6.05above the sector's middle half▲ 0.386.39above the sector's middle half▲ 0.337.10above the sector's middle half▲ 0.7214.98above the sector's middle half▲ 7.8718.71▲ 3.73
Return on assets (ROA)5.8%within the sector's middle half▲ 4.4pp6.5%within the sector's middle half▲ 0.7pp6.7%within the sector's middle half▲ 0.2pp8.9%within the sector's middle half▲ 2.2pp7.7%▼ 1.2pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €773,010
Fixed assets
€210,323 ▼ 11.9%
Current assets
€562,687 ▲ 17.7%
Equity and liabilities €773,010
Equity
€737,118 ▲ 8.8%
Debt
€35,892 ▼ 7.5%
Debt's share of the balance-sheet total falls from 5.4% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104,716▼
2024 · €107,123
Cash flow
€87,687▼
2024 · €91,906
Debt to equity
0.05▼
2024 · 0.06
ROE
8.1%▼
2024 · 9.4%
Interest coverage
340.95▲
2024 · 102.27
Debt ≤ 1 year
€30,073▼
2024 · €31,910
Income taxes
€22,241▼
2024 · €23,150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,338 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% | 1.9% |
| 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 17,811 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €108,956 | €132,171 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €8,918 | €16,012 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,389 | €29,004 | €28,343 | €28,311 | €28,311 | = |
| Other operating charges640/8 | - | €7,878 | €8,451 | €9,037 | €8,910 | ▼ 1.4% |
| Gross operating margin9900 | €100,999 | €103,190 | €100,038 | €116,159 | €113,625 | ▼ 2.2% |
| Operating profit (loss)9901 | €61,141 | €66,308 | €63,244 | €78,812 | €76,405 | ▼ 3.1% |
| Financial income75/76B | - | - | - | €8,981 | €5,519 | ▼ 38.5% |
| Recurring financial income75 | €0 | - | - | €8,981 | €5,519 | ▼ 38.5% |
| Financial charges65/66B | - | €3,695 | €2,388 | €1,047 | €307 | ▼ 70.7% |
| Recurring financial charges65 | €4,929 | €3,695 | €2,388 | €1,047 | €307 | ▼ 70.7% |
| Profit (loss) for the period before taxes9903 | €56,212 | €62,613 | €60,856 | €86,746 | €81,617 | ▼ 5.9% |
| Income taxes67/77 | €16,872 | €18,577 | €15,214 | €23,150 | €22,241 | ▼ 3.9% |
| Profit (loss) for the period9904 | €39,340 | €44,036 | €45,642 | €63,596 | €59,377 | ▼ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €39,340 | €44,036 | €45,642 | €63,596 | €59,377 | ▼ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €676,881 | €681,435 | €682,491 | €716,557 | €773,010 | ▲ 7.9% |
| Fixed assets21/28 | €324,291 | €295,287 | €266,944 | €238,634 | €210,323 | ▼ 11.9% |
| Tangible fixed assets22/27 | €324,291 | €295,287 | €266,944 | €238,634 | €210,323 | ▼ 11.9% |
| Land and buildings22 | - | €295,255 | €266,944 | €238,634 | €210,323 | ▼ 11.9% |
| Plant, machinery and equipment23 | - | €32 | €0 | - | - | - |
| Current assets29/58 | €352,590 | €386,147 | €415,546 | €477,923 | €562,687 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €46,198 | €30,690 | €29,973 | €65,752 | €81,449 | ▲ 23.9% |
| Trade receivables40 | - | €27,239 | €27,239 | €54,829 | €49,516 | ▼ 9.7% |
| Other amounts receivable41 | - | €3,451 | €2,734 | €10,923 | €31,934 | ▲ 192% |
| Current investments50/53 | - | - | €300,000 | €350,000 | €400,000 | ▲ 14.3% |
| Cash at bank and in hand54/58 | €306,392 | €355,457 | €85,574 | €61,213 | €78,920 | ▲ 28.9% |
| Deferred charges and accrued income490/1 | - | - | - | €959 | €2,318 | ▲ 142% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €676,881 | €681,435 | €682,491 | €716,557 | €773,010 | ▲ 7.9% |
| Equity10/15 | €524,467 | €568,504 | €614,146 | €677,742 | €737,118 | ▲ 8.8% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €274,467 | €318,504 | €364,146 | €427,742 | €487,118 | ▲ 13.9% |
| Non-distributable reserves130/1 | - | €16,800 | €20,000 | €23,300 | €25,000 | ▲ 7.3% |
| Legal reserve130 | - | €16,800 | €20,000 | €23,300 | €25,000 | ▲ 7.3% |
| Distributable reserves133 | - | €301,704 | €344,146 | €404,442 | €462,118 | ▲ 14.3% |
| Amounts payable17/49 | €152,414 | €112,931 | €68,344 | €38,815 | €35,892 | ▼ 7.5% |
| Amounts payable after more than one year17 | €88,214 | €46,598 | €3,642 | €0 | - | - |
| Financial debts170/4 | - | €46,598 | €3,642 | €0 | - | - |
| Amounts payable within one year42/48 | €58,256 | €60,473 | €58,487 | €31,910 | €30,073 | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | - | €41,616 | €42,956 | €3,642 | €0 | ▼ 100% |
| Trade debts44 | €1,070 | €281 | €317 | €5,118 | €7,832 | ▲ 53.0% |
| Suppliers440/4 | - | €281 | €317 | €5,118 | €7,832 | ▲ 53.0% |
| Taxes, remuneration and social security45 | - | €18,576 | €15,214 | €23,150 | €22,241 | ▼ 3.9% |
| Taxes450/3 | - | €18,576 | €15,214 | €23,150 | €22,241 | ▼ 3.9% |
| Accrued charges and deferred income492/3 | - | €5,860 | €6,216 | €6,905 | €5,819 | ▼ 15.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,340 | €44,036 | €45,642 | €63,596 | €59,377 | ▼ 6.6% |
| + Depreciation and write-downs630 | €31,389 | €29,004 | €28,343 | €28,311 | €28,311 | = |
| Operating cash flow (approximation) | €70,729 | €73,040 | €73,985 | €91,906 | €87,687 | ▼ 4.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €49,066 | -€269,884 | -€24,361 | €17,707 | ▲ 173% |
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
Next filing, fiscal year 2026, expected by
2026
04-06
State Gazette act
Reappointments: Béatrice LEFEBVRE (director) and Damien DEBOSQUE (director)Permanent representative: Geert Schellekens · Power of attorney5 facts ▸
State Gazette act
Reappointments: Béatrice LEFEBVRE (director) and Damien DEBOSQUE (director)
Permanent representative: Geert Schellekens · Power of attorney5 facts ▸
- General meeting, 27-02-2026
- Director reappointment, Béatrice LEFEBVRE (director)
- Director reappointment, Damien DEBOSQUE (director)
- Power of attorney, Geert Schellekens SRL
- Permanent representative, Geert Schellekens (permanent representative)
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
31-08
Financial
Highest result since 2019net €63,596 ▲39.3%
Operating result €78,812, net result €63,596, both a record.
31-08
Financial
Liquidity doublescurrent ratio 14.98
Current ratio from 7.10 to 14.98; short-term debt falls from €58,487 to €31,910.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial
Equity above €500,000Eq €524,467 ▲8.1%
3 profitable years in a row build equity to €524,467.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
Financial
Weakest financial yearnet €9,712 ▼43%
Net result drops to €9,712, the lowest in the series; recovery starts the following year.
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Béatrice LEFEBVRE
CurrentDirector
Damien DEBOSQUE
CurrentDirector
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2014
Ground area
1,823 m²
Building footprint
1,087 m²
Volume, LiDAR
5,783 m³
Parcel 53019A0247/00F005, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
API DEVELOPPEMENT
since 20142.229.696.141
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53019A0247/00F005 | Wallonia | 1,823 m² | 1 · 1,087 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Béatrice LEFEBVRE |
|
| Damien DEBOSQUE |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Of 1,350 companies in sector 56220 we hold annual accounts for 406. 187 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-04-2014
Fiscal year end31-08
Activities, NACEBEL 2025
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0550587242
Also
9925:BE0550587242
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.