APOLLINECTAR
ActiveAPOLLINECTAR has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €9k. Its solvency ranks better than 35% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+10
Solvency69▲+25
Growth52
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 0.61 in 2023; short-term debt: 54.1% and cash: 34% of total assets), but 55.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.1%
Return on assets
21.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 96.5%
2023 · €9k
2023: €9k
2023 → 2024
Total assets
€40k▼ 16.8%
2023 · €48k
2023: €48k
2023 → 2024
Net result
€9k▼ 7.0%
2023 · €9k
2023: €9k
2023 → 2024
Working capital
€13k
2023 · €-15k
2023: €-15k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€9k-€17k▲ 96.5%
Operating result€14k-€12k▼ 11.1%
Net result€9k-€9k▼ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€5k▼ 80.4%
Current assets
€35k▲ 47.5%
Equity and liabilities €40k
Equity
€17k▲ 96.5%
Debt
€22k▼ 42.8%
The debt ratio falls from 81.3% to 55.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2023 · €22k
Cash flow
€10k▼
2023 · €18k
Solvency
44.1%▲
2023 · 18.7%
Current ratio
1.63▲
2023 · 0.61
Quick ratio
1.63▲
2023 · 0.61
Debt / equity
1.27▼
2023 · 4.35
ROE
49.1%▼
2023 · 103.7%
ROA
21.7%▲
2023 · 19.4%
Interest coverage
8.86
Debt
€22k▼
2023 · €39k
Debt ≤ 1 year
€21k▼
2023 · €39k
Income taxes
€2k▼
2023 · €5k
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€48k€40k▼
Fixed assets21/28€24k€5k▼
Tangible fixed assets22/27€24k€5k▼
Furniture and vehicles24€21k€944▼
Other tangible fixed assets26€3k€4k▲
Current assets29/58€24k€35k▲
Amounts receivable within one year40/41€19k€21k▲
Trade receivables40€16k€18k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€4k€13k▲
Deferred charges and accrued income490/1€90€352▲
Equity and liabilities
Total equity and liabilities10/49€48k€40k▼
Equity10/15€9k€17k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€8k€17k▲
Amounts payable17/49€39k€22k▼
Amounts payable within one year42/48€39k€21k▼
Trade debts44€65€3k▲
Suppliers440/4€65€3k▲
Taxes, remuneration and social security45€6k€13k▲
Taxes450/3€5k€11k▲
Remuneration and social security454/9€611€2k▲
Other amounts payable47/48€33k€6k▼
Accrued charges and deferred income492/3-€712
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€1k▼
Other operating charges640/8€33€788▲
Gross operating margin9900€22k€14k▼
Operating profit (loss)9901€14k€12k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€2k
Recurring financial charges65-€2k
Profit (loss) for the period before taxes9903€14k€11k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€9k€9k▼
Profit (loss) for the period to be appropriated9905€9k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€17k▲
Profit (loss) brought forward from the previous period14P-€8k
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 1.63
Current ratio from 0.61 to 1.63; short-term debt falls from €39k to €21k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Spa · 1 establishment unit since 2023
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.
Chemin du Soyeureux 24900 SpaGround area
3,531 m²
Building footprint
609 m²
Volume, LiDAR
7,596 m³
Parcel 63072L0953/00A000, Wallonia · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
APOLLINECTAR
since 20232.341.650.571
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072L0953/00A000 | Wallonia | 3,530 m² | 1 · 609 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2023
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.