APIMEX distribution

Active

Private limited companyfounded 201213 yrs activeKoning Albert II-laan 4, 1000 Brussel, BelgiumKBO/BCE: BE 0508.788.061

APIMEX distribution has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 6008 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2024

71 / 100

Healthy▲ +15 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+63

Solvency19▲+2

Growth58▲+26

Stability100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity tight (current ratio 1.07 against 1.06 in 2023), and 90.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6008 sector peers (2024).

NBB · sector comparison

Position among 6008 sector peers

Solvency

better than 14%

← weakest strongest →

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €121k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

70 d late

2023

30 d late

2022

114 d late

2021

31 d late

2020

90 d late

2019

66 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€61k▲ 1,267%

2023 · €4k

2018: €13k 2019: €22k 2020: €-212k 2021: €17k 2022: €89k 2023: €4k

2018 → 2024

Working capital

€85k▲ 69.2%

2023 · €50k

2018: €197k 2019: €198k 2020: €-53k 2021: €-11k 2022: €62k 2023: €50k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-50k-€-33k▲ 34.7%€56k€61k▲ 7.9%€121k▲ 99.9%

Operating result€-211k-€24k€97k▲ 301%€12k▼ 87.4%€78k▲ 537%

Net result€-212k-€17k€89k▲ 413%€4k▼ 95.0%€61k▲ 1,267%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 537% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.33M

96.6%

Fixed assets €45k▲ 106%

Current assets €1.28M▲ 50.8%

Equity and liabilities €1.33M

90.8%

Equity €121k▲ 99.9%

Debt €1.20M▲ 48.6%

The debt ratio falls from 93.0% to 90.8%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€96k▲

2023 · €26k

Cash flow

€79k▲

2023 · €18k

Solvency

9.2%▲

2023 · 7.0%

Current ratio

1.07▲

2023 · 1.06

Quick ratio

0.87▲

2023 · 0.82

Debt / equity

9.93▼

2023 · 13.36

ROE

50.0%▲

2023 · 7.3%

ROA

4.6%▲

2023 · 0.5%

Interest coverage

6.30▲

2023 · 3.66

Debt

€1.20M▲

2023 · €811k

Debt ≤ 1 year

€1.20M▲

2023 · €799k

Debt > 1 year

€9k▼

2023 · €11k

Income taxes

€3k▲

2023 · €684

Staff costs

€50k▼

2023 · €98k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€871k€1.33M▲

Formation expenses20€0€0=

Fixed assets21/28€22k€45k▲

Intangible fixed assets21€0€0=

Tangible fixed assets22/27€20k€43k▲

Plant, machinery and equipment23€2k€4k▲

Furniture and vehicles24€12k€33k▲

Other tangible fixed assets26€6k€6k▼

Financial fixed assets28€2k€2k=

Current assets29/58€850k€1.28M▲

Stocks and contracts in progress3€194k€244k▲

Stocks30/36€194k€244k▲

Amounts receivable within one year40/41€567k€781k▲

Trade receivables40€561k€781k▲

Other amounts receivable41€6k-

Cash at bank and in hand54/58€86k€256k▲

Deferred charges and accrued income490/1€3k€100▼

Equity and liabilities

Total equity and liabilities10/49€871k€1.33M▲

Equity10/15€61k€121k▲

Contributions10/11€19k€19k=

Reserves13€21k€21k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Tax-exempt reserves132€19k€19k=

Profit (loss) carried forward14€21k€82k▲

Amounts payable17/49€811k€1.20M▲

Amounts payable after more than one year17€11k€9k▼

Financial debts170/4€11k€9k▼

Amounts payable within one year42/48€799k€1.20M▲

Current portion of amounts payable after more than one year42€20k€28k▲

Financial debts43€150k€150k=

Credit institutions430/8€150k€150k=

Trade debts44€381k€665k▲

Suppliers440/4€381k€665k▲

Taxes, remuneration and social security45€38k€46k▲

Taxes450/3€13k€36k▲

Remuneration and social security454/9€24k€11k▼

Other amounts payable47/48€211k€306k▲

Income statement Code20232024

Non-recurring operating income76A-€14k

Remuneration, social security and pensions62€98k€50k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲

Other operating charges640/8€5k€4k▼

Non-recurring operating charges66A€731€8k▲

Gross operating margin9900€130k€159k▲

Operating profit (loss)9901€12k€78k▲

Financial income75/76B€0€814▲

Recurring financial income75€0€814▲

Financial charges65/66B€7k€15k▲

Recurring financial charges65€7k€15k▲

Profit (loss) for the period before taxes9903€5k€63k▲

Income taxes67/77€684€3k▲

Profit (loss) for the period9904€4k€61k▲

Profit (loss) for the period to be appropriated9905€4k€61k▲

Appropriation of the result

Profit (loss) to be appropriated9906€21k€82k▲

Profit (loss) brought forward from the previous period14P€17k€21k▲

Social balance

Average headcount (FTE)9087-0.6

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

2025

09-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 70 days late

2024

31-12

Financial Equity above €100kEq €121k ▲99.9%

4 profitable years in a row build equity to €121k.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

22-11

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 114 days late

2022

31-12

Financial Highest result since 2018net €89k ▲413%

Operating result €97k, net result €89k, both a record.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

31-12

Financial Back to profitnet €17k

Net result €17k after one loss-making year.

29-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 90 days late

2020

31-12

Financial Weakest financial yearnet €-212k ▼1061%

Net result drops to €-212k, the lowest in the series; recovery starts the following year.

05-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 66 days late

2019

31-12

Financial Equity above €150kEq €162k ▲15.8%

2 profitable years in a row build equity to €162k.

19-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 19 days late

2018

26-09

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 57 days late

2017

15-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 46 days late

2016

25-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 25 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Brussel · 1 establishment unit since 2013

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Koning Albert II-laan 41000 Brussel

Ground area

1.5 ha

Building footprint

5,497 m²

Volume, LiDAR

108,151 m³

2 parcels, Brussels, Flanders · tallest building 61.6 m, ±9 floors. Linked by address, not a title deed.

1 establishment unit

Full Candies

Alfons Gossetlaan 44F, 1702 DilbeekAgents in the wholesale of food, beverages and tobacco

since 20132.215.242.349

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21813A0484/00G000	Brussels	9,776 m²	1 · 3,052 m²	61.6 m · 9 fl.
23026A0076/00W000	Flanders	4,959 m²	1 · 2,445 m²	10.1 m

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Dilbeek2.215.242.349

1 permission

Groothandelaar LM>3 maand · since 01-01-2017

Similar companies · same sector, comparable size

VINCI FOOD DISTRIBUTION

BE 0794.455.833

Houthalen-Helchteren · Eq €120k

Anderlecht · Eq €125k

Of 450 companies in sector 46360 we hold annual accounts for 284. 196 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-12-2012

Fiscal year end31-12

Trade name FR FULL CANDIES

Activities, NACEBEL

46360Wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.