API Management
ActiveSummary
API Management has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+28
Solvency47▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.81 in 2024; short-term debt: 77.5% and cash: 0.6% of total assets), and 77.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
22.5%
Return on assets
32.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €28k
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 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
53 d early
2024
56 d early
2023
55 d early
2022
34 d early
2021
29 d late
2020
53 d early
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▲ 395%
2024 · €6k
2018: €978lowest in 8 years
2019: €11k▲ +1049% vs 2018
2020: €53k▲ +370% vs 2019highest in 8 years
2021: €28k▼ -47.1% vs 2020
2022: €14k▼ -48.3% vs 2021
2023: €2k▼ -88.4% vs 2022
2024: €6k▲ +241% vs 2023
2025: €28k▲ +395% vs 2024
2018 → 2025
Total assets
€125k▼ 30.4%
2024 · €180k
2018: €31k
2019: €37k▲ +19.1% vs 2018
2020: €102k▲ +179% vs 2019
2021: €73k▼ -29.0% vs 2020
2022: €68k▼ -6.4% vs 2021
2023: €23k▼ -66.5% vs 2022lowest in 8 years
2024: €180k▲ +691% vs 2023highest in 8 years
2025: €125k▼ -30.4% vs 2024
2018 → 2025
Net result
€40k▲ 906%
2024 · €4k
2018: €-11k
2019: €10k▲ +190% vs 2018
2020: €60k▲ +489% vs 2019highest in 8 years
2021: €-25k▼ -141% vs 2020lowest in 8 years
2022: €-14k▲ +45.7% vs 2021
2023: €-13k▲ +5.3% vs 2022
2024: €4k▲ +131% vs 2023
2025: €40k▲ +906% vs 2024
2018 → 2025
Working capital
€-7k▲ 78.3%
2024 · €-32k
2018: €-9k
2019: €7k▲ +182% vs 2018
2020: €44k▲ +507% vs 2019highest in 8 years
2021: €4k▼ -90.7% vs 2020
2022: €-17k▼ -514% vs 2021
2023: €-14k▲ +14.3% vs 2022
2024: €-32k▼ -124% vs 2023lowest in 8 years
2025: €-7k▲ +78.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€14k▼ 48.3%€2k▼ 88.4%€6k▲ 241%€28k▲ 395%
2021: €28k
2022: €14k▼ -48.3% vs 2021
2023: €2k▼ -88.4% vs 2022lowest in 5 years
2024: €6k▲ +241% vs 2023
2025: €28k▲ +395% vs 2024highest in 5 years
Operating result€-23k-€-10k▲ 54.5%€-9k▲ 11.1%€4k€54k▲ 1,105%
2021: €-23klowest in 5 years
2022: €-10k▲ +54.5% vs 2021
2023: €-9k▲ +11.1% vs 2022
2024: €4k▲ +149% vs 2023
2025: €54k▲ +1105% vs 2024highest in 5 years
Net result€-25k-€-14k▲ 45.7%€-13k▲ 5.3%€4k€40k▲ 906%
2021: €-25klowest in 5 years
2022: €-14k▲ +45.7% vs 2021
2023: €-13k▲ +5.3% vs 2022
2024: €4k▲ +131% vs 2023
2025: €40k▲ +906% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1,105% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€35k ▼ 7.5%
Current assets
€90k ▼ 36.6%
Equity and liabilities €125k
Equity
€28k ▲ 395%
Debt
€97k ▼ 44.3%
Debt's share of the balance-sheet total falls from 96.8% to 77.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k▲
2024 · €10k
Cash flow
€44k▲
2024 · €9k
Current ratio
0.93▲
2024 · 0.81
Quick ratio
0.88▲
2024 · 0.80
Debt to equity
3.45▼
2024 · 30.61
ROE
143.7%▲
2024 · 70.6%
ROA
32.3%▲
2024 · 2.2%
Interest coverage
107.44▲
2024 · 9.84
Debt ≤ 1 year
€97k▼
2024 · €174k
Income taxes
€13k▲
2024 · €349
Staff costs
€1k▼
2024 · €2k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€180k€125k▼
Fixed assets21/28€38k€35k▼
Tangible fixed assets22/27€18k€15k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€9k€9k▼
Furniture and vehicles24€6k€5k▼
Financial fixed assets28€20k€20k=
Current assets29/58€142k€90k▼
Stocks and contracts in progress3€2k€5k▲
Stocks30/36€2k€5k▲
Amounts receivable within one year40/41€140k€84k▼
Trade receivables40€138k€63k▼
Other amounts receivable41€1k€21k▲
Cash at bank and in hand54/58-€809
Deferred charges and accrued income490/1€244€441▲
Equity and liabilities
Total equity and liabilities10/49€180k€125k▼
Equity10/15€6k€28k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-15k€8k▲
Amounts payable17/49€174k€97k▼
Amounts payable within one year42/48€174k€97k▼
Financial debts43€310-
Credit institutions430/8€310-
Trade debts44€118k€28k▼
Suppliers440/4€118k€28k▼
Taxes, remuneration and social security45€7k€25k▲
Taxes450/3€4k€22k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€49k€44k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€259
Gross operating margin9900€14k€60k▲
Operating profit (loss)9901€4k€54k▲
Financial income75/76B€994€537▼
Recurring financial income75€2€222▲
Non-recurring financial income76B€992€315▼
Financial charges65/66B€1k€534▼
Recurring financial charges65€994€534▼
Non-recurring financial charges66B€72-
Profit (loss) for the period before taxes9903€4k€54k▲
Income taxes67/77€349€13k▲
Profit (loss) for the period9904€4k€40k▲
Profit (loss) for the period to be appropriated9905€4k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€26k▲
Profit (loss) brought forward from the previous period14P€-19k€-15k▲
Profit to be distributed694/7-€18k
Return on contributions (dividend)694-€18k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €344 | €2k | €2k | €2k | €1k | ▼ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €5k | €5k | €4k | ▼ 27.8% |
| Other operating charges640/8 | €2k | €5k | €3k | €2k | €1k | ▼ 29.5% |
| Non-recurring operating charges66A | €1k | - | - | - | €259 | - |
| Gross operating margin9900 | €-16k | €2k | €1k | €14k | €60k | ▲ 347% |
| Operating profit (loss)9901 | €-23k | €-10k | €-9k | €4k | €54k | ▲ 1,105% |
| Financial income75/76B | €3 | €140 | €12 | €994 | €537 | ▼ 46.0% |
| Recurring financial income75 | €3 | €140 | €12 | €2 | €222 | ▲ 10,120% |
| Non-recurring financial income76B | - | - | - | €992 | €315 | ▼ 68.3% |
| Financial charges65/66B | €2k | €3k | €3k | €1k | €534 | ▼ 49.9% |
| Recurring financial charges65 | €2k | €2k | €2k | €994 | €534 | ▼ 46.2% |
| Non-recurring financial charges66B | €59 | €767 | €992 | €72 | - | - |
| Profit (loss) for the period before taxes9903 | €-24k | €-13k | €-13k | €4k | €54k | ▲ 1,125% |
| Income taxes67/77 | €799 | €285 | €282 | €349 | €13k | ▲ 3,655% |
| Profit (loss) for the period9904 | €-25k | €-14k | €-13k | €4k | €40k | ▲ 906% |
| Profit (loss) for the period to be appropriated9905 | €-25k | €-14k | €-13k | €4k | €40k | ▲ 906% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €68k | €23k | €180k | €125k | ▼ 30.4% |
| Fixed assets21/28 | €24k | €31k | €16k | €38k | €35k | ▼ 7.5% |
| Tangible fixed assets22/27 | €24k | €21k | €16k | €18k | €15k | ▼ 15.8% |
| Land and buildings22 | €4k | €3k | €2k | €2k | €1k | ▼ 39.1% |
| Plant, machinery and equipment23 | €10k | €10k | €10k | €9k | €9k | ▼ 3.9% |
| Furniture and vehicles24 | €9k | €8k | €4k | €6k | €5k | ▼ 24.6% |
| Financial fixed assets28 | €100 | €10k | €100 | €20k | €20k | = |
| Current assets29/58 | €49k | €37k | €7k | €142k | €90k | ▼ 36.6% |
| Stocks and contracts in progress3 | €3k | €3k | €3k | €2k | €5k | ▲ 107% |
| Stocks30/36 | €3k | €3k | €3k | €2k | €5k | ▲ 107% |
| Amounts receivable within one year40/41 | €29k | €32k | €3k | €140k | €84k | ▼ 39.7% |
| Trade receivables40 | €26k | €32k | €3k | €138k | €63k | ▼ 54.4% |
| Other amounts receivable41 | €3k | €7 | €47 | €1k | €21k | ▲ 1,818% |
| Current investments50/53 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €14k | €0 | - | - | €809 | - |
| Deferred charges and accrued income490/1 | €2k | €2k | €188 | €244 | €441 | ▲ 81.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €68k | €23k | €180k | €125k | ▼ 30.4% |
| Equity10/15 | €28k | €14k | €2k | €6k | €28k | ▲ 395% |
| Contributions10/11 | €19k | €19k | €20k | €20k | €20k | = |
| Capital10 | €19k | €19k | €20k | - | - | - |
| Issued capital100 | €19k | €19k | €20k | - | - | - |
| Reserves13 | €2k | €2k | - | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €8k | €-6k | €-19k | €-15k | €8k | ▲ 152% |
| Amounts payable17/49 | €45k | €54k | €21k | €174k | €97k | ▼ 44.3% |
| Amounts payable within one year42/48 | €45k | €54k | €21k | €174k | €97k | ▼ 44.3% |
| Financial debts43 | €3k | €8k | €130 | €310 | - | - |
| Credit institutions430/8 | €3k | €8k | €130 | €310 | - | - |
| Trade debts44 | €10k | €12k | €5k | €118k | €28k | ▼ 76.2% |
| Suppliers440/4 | €10k | €12k | €5k | €118k | €28k | ▼ 76.2% |
| Advances received on contracts in progress46 | €6k | €19k | - | - | - | - |
| Taxes, remuneration and social security45 | €26k | €11k | €13k | €7k | €25k | ▲ 254% |
| Taxes450/3 | €23k | €8k | €8k | €4k | €22k | ▲ 428% |
| Remuneration and social security454/9 | €2k | €3k | €5k | €3k | €3k | ▲ 0.5% |
| Other amounts payable47/48 | - | €3k | €3k | €49k | €44k | ▼ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-25k | €-14k | €-13k | €4k | €40k | ▲ 906% |
| + Depreciation and write-downs630 | €4k | €6k | €5k | €5k | €4k | ▼ 27.8% |
| Operating cash flow (approximation) | €-21k | €-8k | €-8k | €9k | €44k | ▲ 373% |
| Investment in fixed assets (approximation) | - | €-13k | €10k | €-27k | €-1k | ▲ 96.3% |
| Change in cash | - | €-14k | - | - | - | - |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €60k ▲489%
Operating result €74k, net result €60k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Tournai · 1 establishment unit since 2018
Ground area
577 m²
Building footprint
138 m²
Volume, LiDAR
699 m³
Parcel 57060A0261/00N000, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
API Management
since 20182.275.279.411
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57060A0261/00N000 | Wallonia | 577 m² | 1 · 138 m² | 6.5 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.
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,391. 770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
46180Agents specialised in the wholesale of other particular products
52210Service activities incidental to land transportation
68310Real estate agency activities
68329Real estate activities
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.