APILEC
ActiveSummary
APILEC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €247,528. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 2075 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 20,129 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,614 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €117,244 | €121,500 | €106,474 | €115,241 | €139,980 | ▲ 21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,073 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €38,772 | €10,679 | €12,859 | €19,563 | ▲ 52.1% |
| Gross operating margin9900 | €1.5m | €1.6m | €1.8m | €2.2m | €1.8m | ▼ 20.6% |
| Operating profit (loss)9901 | €337,589 | €355,033 | €629,989 | €978,900 | €440,491 | ▼ 55.0% |
| Financial income75/76B | - | €29,147 | €13,527 | €24,322 | €28,789 | ▲ 18.4% |
| Recurring financial income75 | €8,361 | €29,147 | €13,527 | €24,322 | €28,789 | ▲ 18.4% |
| Financial charges65/66B | - | €19,427 | €126,438 | €159,474 | €134,536 | ▼ 15.6% |
| Recurring financial charges65 | €16,491 | €19,427 | €126,438 | €159,474 | €134,536 | ▼ 15.6% |
| Profit (loss) for the period before taxes9903 | €329,459 | €364,753 | €517,077 | €843,748 | €334,744 | ▼ 60.3% |
| Transfer from deferred taxes780 | - | - | €155,000 | €0 | - | - |
| Income taxes67/77 | €74,853 | €106,677 | €151,488 | €300,453 | €87,217 | ▼ 71.0% |
| Profit (loss) for the period9904 | €254,606 | €258,075 | €520,589 | €543,295 | €247,528 | ▼ 54.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €390,050 | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | - | - | €168,400 | €0 | €126,300 | - |
| Profit (loss) for the period to be appropriated9905 | €254,606 | €258,075 | €352,189 | €933,345 | €121,228 | ▼ 87.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.9m | €3.5m | €3.4m | €4.5m | ▲ 30.5% |
| Fixed assets21/28 | €870,380 | €751,954 | €732,177 | €701,617 | €987,975 | ▲ 40.8% |
| Intangible fixed assets21 | €6,198 | €4,030 | €18,902 | €32,971 | €22,300 | ▼ 32.4% |
| Tangible fixed assets22/27 | €864,133 | €747,874 | €713,226 | €668,596 | €615,626 | ▼ 7.9% |
| Land and buildings22 | - | €695,910 | €627,616 | €576,926 | €491,494 | ▼ 14.8% |
| Plant, machinery and equipment23 | - | €25,444 | €10,754 | €6,834 | €8,154 | ▲ 19.3% |
| Furniture and vehicles24 | - | €26,519 | €74,857 | €84,836 | €115,978 | ▲ 36.7% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €350,050 | ▲ 705,930% |
| Current assets29/58 | €1.7m | €2.1m | €2.7m | €2.7m | €3.5m | ▲ 27.8% |
| Stocks and contracts in progress3 | €95,354 | €136,490 | €149,262 | €142,890 | €169,136 | ▲ 18.4% |
| Stocks30/36 | - | €136,490 | €149,262 | €142,890 | €169,136 | ▲ 18.4% |
| Amounts receivable within one year40/41 | €1.2m | €1.4m | €1.6m | €1.2m | €2.1m | ▲ 85.5% |
| Trade receivables40 | - | €1.4m | €1.5m | €1.1m | €2.0m | ▲ 82.4% |
| Other amounts receivable41 | - | €14,227 | €32,490 | €32,016 | €94,436 | ▲ 195% |
| Current investments50/53 | €324,278 | €417,637 | €418,518 | €1.2m | €602,757 | ▼ 48.6% |
| Cash at bank and in hand54/58 | €124,260 | €181,984 | €614,995 | €257,902 | €573,571 | ▲ 122% |
| Deferred charges and accrued income490/1 | - | - | €991 | €159 | €25 | ▼ 84.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.9m | €3.5m | €3.4m | €4.5m | ▲ 30.5% |
| Equity10/15 | €1.7m | €1.9m | €2.1m | €2.6m | €2.8m | ▲ 7.7% |
| Contributions10/11 | - | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Reserves13 | €1.5m | €1.7m | €1.9m | €2.4m | €2.6m | ▲ 8.7% |
| Tax-exempt reserves132 | - | €563,800 | €577,200 | €187,150 | €313,450 | ▲ 67.5% |
| Distributable reserves133 | - | €1.2m | €1.3m | €2.2m | €2.2m | ▲ 3.6% |
| Profit (loss) carried forward14 | €100,111 | €100,278 | €100,919 | €100,937 | €101,018 | ▲ 0.1% |
| Investment grants15 | - | €69,351 | €60,694 | €52,036 | €43,378 | ▼ 16.6% |
| Amounts payable17/49 | €873,804 | €946,075 | €1.4m | €874,165 | €1.7m | ▲ 97.1% |
| Amounts payable after more than one year17 | €361,357 | €292,390 | €228,309 | €199,828 | €365,769 | ▲ 83.0% |
| Financial debts170/4 | - | €292,390 | €228,309 | €199,828 | €365,769 | ▲ 83.0% |
| Amounts payable within one year42/48 | €512,447 | €653,558 | €1.2m | €674,289 | €1.4m | ▲ 101% |
| Current portion of amounts payable after more than one year42 | - | €69,202 | €64,082 | €54,423 | €34,059 | ▼ 37.4% |
| Financial debts43 | - | €41,862 | €45,269 | €57,261 | €52,274 | ▼ 8.7% |
| Other loans439 | - | €41,862 | €45,269 | €57,261 | €52,274 | ▼ 8.7% |
| Trade debts44 | €171,412 | €279,064 | €595,134 | €186,400 | €911,869 | ▲ 389% |
| Suppliers440/4 | - | €279,064 | €595,134 | €186,400 | €911,869 | ▲ 389% |
| Taxes, remuneration and social security45 | - | €213,474 | €213,616 | €334,321 | €218,307 | ▼ 34.7% |
| Taxes450/3 | - | €76,289 | €71,112 | €197,997 | €38,007 | ▼ 80.8% |
| Remuneration and social security454/9 | - | €137,186 | €142,505 | €136,324 | €180,300 | ▲ 32.3% |
| Other amounts payable47/48 | - | €49,956 | €255,893 | €41,885 | €140,394 | ▲ 235% |
| Accrued charges and deferred income492/3 | - | €126 | €0 | €48 | €295 | ▲ 520% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €254,606 | €258,075 | €520,589 | €543,295 | €247,528 | ▼ 54.4% |
| + Depreciation and write-downs630 | €117,244 | €121,500 | €106,474 | €115,241 | €139,980 | ▲ 21.5% |
| Operating cash flow (approximation) | €371,850 | €379,576 | €627,064 | €658,536 | €387,508 | ▼ 41.2% |
| Investment in fixed assets (approximation) | - | -€3,075 | -€86,698 | -€84,681 | -€426,338 | ▼ 403% |
| Change in cash | - | €57,725 | €433,010 | -€357,093 | €315,669 | ▲ 188% |
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
21-08
State Gazette act
RestructuringMerger · Declaration7 facts ▸
- Merger, fusion par absorption, assemblée générale extraordinaire des actionnaires des sociétés concernées
- Board meeting, 17-06-2026
- Other statement, obligation de dépôt, déposer pour toute société qui participe à la fusion, le projet de fusion au greffe du tribunal de commerce compétent, au moins 6 semaines…
- Other statement, motivation économique et financière
- Declaration, actionnaires disposant de droits particuliers, Il n'existe pas dans la société absorbée d'actionnaires disposant de droits particuliers, ni de porteurs de titre…
- Declaration, avantages spéciaux, II n'est pas accordé d'avantage spécial aux administrateurs des sociétés absorbées ni aux administrateurs de la société absorbante.
- Declaration, déclarations fiscales, la présente fusion par absorption répondra aux exigences des articles 117 et 120 du Code d'enregistrement ainsi que des articles 11 et 18…
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92090A0123/00B010 | Wallonia | 6,115 m² | 1 · 862 m² | 8.5 m · 3 fl. |
| 92118C0078/00P000 | Wallonia | 838 m² | 1 · 132 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose (25 activities)
- De fournir, d'élaborer et de s'occuper, pour compte propre, pour compte de tiers ou en participation avec ceux-ci, des conseils, services et assistance sous leurs formes les plus diverses à des sociétés, entreprises, associations, institutions et personnes privées pour traiter leurs problèmes de gestion automatisée, d'administration, ou d'organisation dans les domaines de l'informatique et des télécommunications.
- La mise en place de systèmes de contrôle de qualité sur lignes de productions comprenant systèmes de visions industriels, de même que les opérations de contrôte de qualité < on tine >;
- D'effectuer tous travaux d'étude, de consultance et de formation dans tous les domaines se rapportant à l'automation, à l'informatique et au contrôle de qualité.
- Toutes installations électriques tant dans le secteur public que privé, savoir notamment:
- -les installations électriques industrielles et d'immeubles:
- -les installations de chauffage électrique;
- -les installations de téléphonie intérieure;
- -les installations électriques de détection d'incendie en haute et basse tension;
- -les installations de système d'alarme;
- -les installations en force motrice et commandes de toutes installations similaires;
- -l'achat et la vente de tout matériel électrique et connexe, sans que cette énumération soit limitative.
- -installations sanitaires et installations de chauffage au gaz par appareils individuels;
- -chauffage central, installations thermiques;
- -équipements d'ouvrages d'art ou de mécanique industrielle;
- -installations d'engins de manutention et de levage (grues, ponts roulants...);
- -équipements oléomécaniques;
- -équipements électroniques à fréquence industrielle ou élevée, y compris équipements des stations d'alimentation;
- -ascenseurs, monte-charges, escaliers et trottoirs roulants;
- -équipements de téléphonie et de télégraphie publiques;
- -équipements de télécommande, télécontrôle et télémesure;
- -équipements de transmission de radio et de télévision, installations radar et antennes;
- -équipements d'informatique et de régulation de processus;
- -installations de paratonnerres, antennes de réception.
- La société pourra exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés.
- La société pourra faire toutes opérations commerciales, financières ou civiles ayant un rapport direct ou indirect avec son objet ou pouvant en faciliter la réalisation et notamment sans que la désignation qui va suivre soit limitative, prendre ou donner à bail, acquérir, échanger et aliéner tous biens meubles et immeubles, s'intéresser de toutes façons dans toutes sociétés ou entreprises existantes ou à créer dont l'objet serait similaire, analogue ou connexe au sien ou serait susceptible de constituer pour elle une source ou un débouché.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-06-2025 of APILEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionRecognitions · licences · registrations
Recognised contractor
6 categoriesLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.