Turnover
≈ €330,000 estimated
The micro format states no turnover.
APICATION
Lifetime
20 annual accounts with figures on one time axispeak €57,647 (2007)
€24,466▲ 27×
lowest -€32,517 (2018)
€18,990▲ €21,191
peak €82,414 (2016)
€53,040▲ 17.9%
€9,698▲ 62.7%
Board1 name since 2021
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €901 to €24,466Back to profit: €18,990Equity from €44,981 to €53,040Debts from €5,962 to €9,698Cash from €6,393 to €25,363
Key points
from the 2025 annual accountsFilings
20 annual accounts since 2006
Ten of the last ten came late. The 2023 accounts came latest: 594 days after the end of the period.
Position in the sector
84.5%
Higher solvency than 89% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as APICATION has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for APICATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0880651221
Address struck
effective 23-03-2026 · KBO administration
Registered office moved within Drogenbos
New registered office: Beersellaan 155, 1620 Drogenbos · Previous registered office: Nieuwstraat 46, 1620 Drogenbos · General meeting of 01-08-2019 · Gazette deed
Incorporation
published on 21-04-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| APICATION | €62,738 | €24,466 | 84.5% | - |
| DE REINE GEVEL Oosterzele | €63,651 | €25,526 | 82.8% | - |
| Vande Reyd Kristof Hasselt | €62,894 | €25,302 | 76.8% | - |
| BRAYAN CONSTRUCT Molenbeek-Saint-Jean | €62,347 | €21,728 | 68.3% | - |
| Heating Masters Aartselaar | €69,746 | €23,314 | 86.8% | - |
| PHILIPPE BERTRAND Andenne | €73,147 | €23,867 | 72.8% | - |
| TIMIS CONSTRUCT Jette | €58,482 | €23,171 | 36.3% | - |
These companies have the same main activity as APICATION: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €58,500 and €73,100, founded between 2006 and 2008.
Official details
Source: KBO- Status
- Active since 11-04-2006Normal situation
- Legal form
- Private limited company (pre-2019)
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.153.436.325since 11-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2026
Insights on APICATION
APICATION files the micro format. That format states no turnover. The gross margin rose from €16,145 in 2006 to €24,466 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about APICATION
- What is the company number of APICATION?
- The company number of APICATION is 0880.651.221. The VAT number is the same number with BE in front: BE 0880.651.221.
- What does APICATION do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of APICATION?
- APICATION is a private limited company (pre-2019) (BVBA).
- When was APICATION founded?
- APICATION was founded on 11-04-2006.
- Is APICATION still active?
- Yes, APICATION is an active enterprise in the KBO register.Company details
- What is the turnover of APICATION?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €24,466 and 201 comparable companies (NACE 43990). It probably lies between €180,000 and €620,000. It is a rough estimate.Financials
- Is APICATION profitable?
- In financial year 2025, APICATION made a profit of €18,990.
- Where can I find the annual accounts of APICATION?
- APICATION filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of APICATION due?
- APICATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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