APITREES
ActiveThe computed 12-month bankruptcy probability of APITREES is 2.9% (moderate). The 2025 annual accounts show equity of €51k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 4477 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-3
Solvency45▲+18
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.95 in 2024; short-term debt: 79.9% and cash: 23.6% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
20.1%
Return on assets
17.5%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
7 d early
2024
59 d early
2023
69 d late
2022
225 d late
2021
193 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 673%
2024 · €7k
2021: €42k
2022: €34k
2023: €-47k
2024: €7k
2021 → 2025
Total assets
€253k▼ 5.2%
2024 · €267k
2021: €206k
2022: €224k
2023: €262k
2024: €267k
2021 → 2025
Net result
€44k▼ 18.0%
2024 · €54k
2021: €32k
2022: €-8k
2023: €-82k
2024: €54k
2021 → 2025
Working capital
€25k
2024 · €-13k
2021: €4k
2022: €28k
2023: €-64k
2024: €-13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€34k▼ 19.4%€-47k€7k€51k▲ 673%
Operating result€48k-€-6k€-80k▼ 1,188%€55k€64k▲ 17.2%
Net result€32k-€-8k€-82k▼ 892%€54k€44k▼ 18.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€26k▲ 24.5%
Current assets
€227k▼ 7.7%
Equity and liabilities €253k
Equity
€51k▲ 673%
Debt
€202k▼ 22.3%
The debt ratio falls from 97.5% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▲
2024 · €66k
Cash flow
€58k▼
2024 · €65k
Solvency
20.1%▲
2024 · 2.5%
Current ratio
1.12▲
2024 · 0.95
Quick ratio
1.12▲
2024 · 0.95
Debt / equity
3.98▼
2024 · 39.62
ROE
87.1%▼
2024 · 820.9%
ROA
17.5%▼
2024 · 20.2%
Interest coverage
102.45▲
2024 · 82.96
Debt
€202k▼
2024 · €261k
Debt ≤ 1 year
€202k▼
2024 · €260k
Debt > 1 year
€0▼
2024 · €919
Income taxes
€17k▲
2024 · €140
Staff costs
€353k▲
2024 · €332k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€267k€253k▼
Fixed assets21/28€21k€26k▲
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€15k€23k▲
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€9k€20k▲
Financial fixed assets28€843€843=
Current assets29/58€246k€227k▼
Amounts receivable within one year40/41€117k€154k▲
Trade receivables40€107k€121k▲
Other amounts receivable41€10k€34k▲
Cash at bank and in hand54/58€127k€60k▼
Deferred charges and accrued income490/1€3k€13k▲
Equity and liabilities
Total equity and liabilities10/49€267k€253k▼
Equity10/15€7k€51k▲
Contributions10/11€10k€10k=
Reserves13€32k€41k▲
Distributable reserves133€32k€41k▲
Profit (loss) carried forward14€-36k€0▲
Amounts payable17/49€261k€202k▼
Amounts payable after more than one year17€919€0▼
Financial debts170/4€919€0▼
Amounts payable within one year42/48€260k€202k▼
Current portion of amounts payable after more than one year42€5k€919▼
Financial debts43-€16k
Credit institutions430/8-€16k
Trade debts44€23k€41k▲
Suppliers440/4€23k€41k▲
Bills of exchange payable441€0-
Advances received on contracts in progress46€700€900▲
Taxes, remuneration and social security45€137k€77k▼
Taxes450/3€62k€35k▼
Remuneration and social security454/9€74k€43k▼
Other amounts payable47/48€94k€67k▼
Income statement
Code20242025
Remuneration, social security and pensions62€332k€353k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€401k€432k▲
Operating profit (loss)9901€55k€64k▲
Financial income75/76B€3€1▼
Recurring financial income75€3€1▼
Financial charges65/66B€790€3k▲
Recurring financial charges65€790€761▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€54k€61k▲
Income taxes67/77€140€17k▲
Profit (loss) for the period9904€54k€44k▼
Profit (loss) for the period to be appropriated9905€54k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€8k▲
Profit (loss) brought forward from the previous period14P€-90k€-36k▲
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 225 days late
2023
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 193 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Frasnes-lez-Anvaing · 2 establishment units since 2020
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.
Rue des Ecoles(HA) 11/A7911 Frasnes-lez-AnvaingGround area
8,165 m²
Building footprint
1,199 m²
Volume, LiDAR
10,358 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
APITREES
since 20202.311.755.963
APITREES
since 20202.314.469.983
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022D0410/00F002indicative | Wallonia | 7,548 m² | 1 · 1,046 m² | 10.8 m · 3 fl. |
| 51029B0134/00M000 | Wallonia | 617 m² | 1 · 154 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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G.M. JARDINAGE
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
81300Landscape service activities
02300Forestry and logging
02400Forestry and logging
46120Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.