APLINKA
ActiveSummary
APLINKA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425,820 and a net result of €67,537. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 45% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+61
Solvency73▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.82 against 1.94 in 2024; short-term debt: 7% and cash: 5.4% of total assets), but 52.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
47.6%
Return on assets
7.5%
Age of the figures
18 mo
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
19202122232425
2019 to 2025 · latest year €425,820
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
2 d early
2023
18 d early
2022
3 d early
2021
2 d early
2020
36 d early
2019
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€425,820▲ 18.9%
2024 · €358,283
Total assets
€895,128▼ 0.9%
2024 · €903,568
Net result
€67,537
2024 · -€16,261
Working capital
€114,717▲ 128%
2024 · €50,390
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,422▼ 66.7%€1,213▼ 96.8%€19,894▲ 1,540%-€14,474€96,602
Net result€9,698within the sector's middle half▼ 81.9%-€18,400below the sector's middle half-€1,729below the sector's middle half▲ 90.6%-€16,261below the sector's middle half▼ 841%€67,537within the sector's middle half
Equity€394,673above the sector's middle half▲ 2.5%€376,273above the sector's middle half▼ 4.7%€374,544above the sector's middle half▼ 0.5%€358,283within the sector's middle half▼ 4.3%€425,820within the sector's middle half▲ 18.9%
Total assets€917,103above the sector's middle half▼ 8.5%€916,784above the sector's middle half=€920,066above the sector's middle half▲ 0.4%€903,568within the sector's middle half▼ 1.8%€895,128within the sector's middle half▼ 0.9%
Debt€522,430▼ 15.3%€540,511▲ 3.5%€545,522▲ 0.9%€545,285=€469,307▼ 13.9%
Working capital€211,609above the sector's middle half▼ 13.0%€164,864above the sector's middle half▼ 22.1%€174,148above the sector's middle half▲ 5.6%€50,390within the sector's middle half▼ 71.1%€114,717within the sector's middle half▲ 128%
Solvency43.0%within the sector's middle half▲ 4.6pp41.0%within the sector's middle half▼ 2.0pp40.7%within the sector's middle half▼ 0.3pp39.7%within the sector's middle half▼ 1.1pp47.6%within the sector's middle half▲ 7.9pp
Current ratio5.60above the sector's middle half▲ 2.524.06within the sector's middle half▼ 1.534.02within the sector's middle half▼ 0.041.94within the sector's middle half▼ 2.082.82within the sector's middle half▲ 0.88
Return on assets (ROA)1.1%below the sector's middle half▼ 4.3pp-2.0%below the sector's middle half▼ 3.1pp-0.2%below the sector's middle half▲ 1.8pp-1.8%below the sector's middle half▼ 1.6pp7.5%within the sector's middle half▲ 9.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €96,602 after a loss of €14,474 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895,128
Fixed assets
€717,470 ▼ 10.3%
Current assets
€177,658 ▲ 70.7%
Equity and liabilities €895,128
Equity
€425,820 ▲ 18.9%
Debt
€469,307 ▼ 13.9%
Debt's share of the balance-sheet total falls from 60.3% to 52.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,359▲
2024 · -€4,808
Cash flow
€76,294▲
2024 · -€6,595
Debt to equity
1.10▼
2024 · 1.52
ROE
15.9%▲
2024 · -4.5%
Interest coverage
36.02▲
2024 · -4.25
Debt ≤ 1 year
€62,941▲
2024 · €53,700
Debt > 1 year
€406,366▼
2024 · €490,732
Income taxes
€26,140▲
2024 · €655
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9,917 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,064 | €5,129 | €9,876 | €9,666 | €8,757 | ▼ 9.4% |
| Other operating charges640/8 | - | €4,296 | €1,978 | €1,886 | €12,190 | ▲ 546% |
| Non-recurring operating charges66A | - | €165 | €0 | - | - | - |
| Gross operating margin9900 | €44,716 | €10,803 | €31,748 | -€2,922 | €117,549 | ▲ 4,123% |
| Operating profit (loss)9901 | €38,422 | €1,213 | €19,894 | -€14,474 | €96,602 | ▲ 767% |
| Financial income75/76B | - | €0 | €3 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €3 | €0 | - | - |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €19,220 | €21,096 | €1,132 | €2,925 | ▲ 158% |
| Recurring financial charges65 | €25,284 | €19,220 | €21,096 | €1,132 | €2,925 | ▲ 158% |
| Non-recurring financial charges66B | - | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €15,346 | -€18,007 | -€1,199 | -€15,606 | €93,678 | ▲ 700% |
| Income taxes67/77 | €5,647 | €393 | €529 | €655 | €26,140 | ▲ 3,890% |
| Profit (loss) for the period9904 | €9,698 | -€18,400 | -€1,729 | -€16,261 | €67,537 | ▲ 515% |
| Profit (loss) for the period to be appropriated9905 | €9,698 | -€18,400 | -€1,729 | -€16,261 | €67,537 | ▲ 515% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €917,103 | €916,784 | €920,066 | €903,568 | €895,128 | ▼ 0.9% |
| Fixed assets21/28 | €659,450 | €698,105 | €688,228 | €799,478 | €717,470 | ▼ 10.3% |
| Tangible fixed assets22/27 | €76,450 | €115,105 | €105,228 | €208,978 | €126,970 | ▼ 39.2% |
| Land and buildings22 | - | €75,069 | €74,160 | €186,666 | €113,415 | ▼ 39.2% |
| Furniture and vehicles24 | - | €40,036 | €31,068 | €22,312 | €13,555 | ▼ 39.2% |
| Financial fixed assets28 | €583,000 | €583,000 | €583,000 | €590,500 | €590,500 | = |
| Current assets29/58 | €257,653 | €218,679 | €231,838 | €104,090 | €177,658 | ▲ 70.7% |
| Amounts receivable within one year40/41 | €229,889 | €203,699 | €218,982 | €96,775 | €123,751 | ▲ 27.9% |
| Trade receivables40 | - | €6,062 | €112,857 | €87,347 | €123,177 | ▲ 41.0% |
| Other amounts receivable41 | - | €197,637 | €106,125 | €9,428 | €574 | ▼ 93.9% |
| Current investments50/53 | - | - | €7,500 | €0 | - | - |
| Cash at bank and in hand54/58 | €24,677 | €12,652 | €5,356 | €1,936 | €48,021 | ▲ 2,380% |
| Deferred charges and accrued income490/1 | - | €2,328 | €0 | €5,380 | €5,887 | ▲ 9.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €917,103 | €916,784 | €920,066 | €903,568 | €895,128 | ▼ 0.9% |
| Equity10/15 | €394,673 | €376,273 | €374,544 | €358,283 | €425,820 | ▲ 18.9% |
| Contributions10/11 | - | €61,900 | €61,900 | €61,900 | €61,900 | = |
| Reserves13 | €332,773 | €314,373 | €312,644 | €296,383 | €363,920 | ▲ 22.8% |
| Non-distributable reserves130/1 | - | €6,810 | €6,810 | €0 | - | - |
| Reserves not available under the articles1311 | - | €6,810 | €6,810 | €0 | - | - |
| Distributable reserves133 | - | €307,563 | €305,834 | €296,383 | €363,920 | ▲ 22.8% |
| Amounts payable17/49 | €522,430 | €540,511 | €545,522 | €545,285 | €469,307 | ▼ 13.9% |
| Amounts payable after more than one year17 | €476,385 | €486,696 | €487,832 | €490,732 | €406,366 | ▼ 17.2% |
| Financial debts170/4 | - | €50,961 | €26,124 | €5,099 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | €435,734 | €461,708 | €485,633 | €406,366 | ▼ 16.3% |
| Amounts payable within one year42/48 | €46,045 | €53,815 | €57,690 | €53,700 | €62,941 | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | - | €24,385 | €24,837 | €21,025 | €5,099 | ▼ 75.7% |
| Trade debts44 | €4,379 | €451 | €8,234 | €10,434 | €2,504 | ▼ 76.0% |
| Suppliers440/4 | - | €451 | €8,234 | €10,434 | €2,504 | ▼ 76.0% |
| Taxes, remuneration and social security45 | - | €16,785 | €24,619 | €22,242 | €55,338 | ▲ 149% |
| Taxes450/3 | - | €7,785 | €24,619 | €22,242 | €53,088 | ▲ 139% |
| Remuneration and social security454/9 | - | €9,000 | €0 | - | €2,250 | - |
| Other amounts payable47/48 | - | €12,194 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €853 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,698 | -€18,400 | -€1,729 | -€16,261 | €67,537 | ▲ 515% |
| + Depreciation and write-downs630 | €5,064 | €5,129 | €9,876 | €9,666 | €8,757 | ▼ 9.4% |
| Operating cash flow (approximation) | €14,762 | -€13,271 | €8,148 | -€6,595 | €76,294 | ▲ 1,257% |
| Investment in fixed assets (approximation) | - | -€43,784 | €0 | -€120,915 | €73,251 | ▲ 161% |
| Change in cash | - | -€12,025 | -€7,296 | -€3,420 | €46,085 | ▲ 1,447% |
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
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €67,537
Net result €67,537 after 3 loss-making years.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€18,400
Net result drops to -€18,400, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Wevelgem · 1 establishment unit since 2010
Ground area
1,858 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
APLINKA
since 20102.187.418.987
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0857/00E000 | Flanders | 1,481 m² | - | - |
| 37009A0788/00R005 | Flanders | 377 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 2
-
75%
-
42.57%
According to the annual accounts to 31-03-2025 of APLINKA 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 35,921 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
Founded26-03-2010
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824411710
Also
9925:BE0824411710
Registered
30-01-2025
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.