Apollo Finco
ActiveSummary
Apollo Finco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€3.7m) and a net result of -€2.2m. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
24 d early
2023
15 d early
2022
13 d early
2021
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 17 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Apollo Topco · 7 companies What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, full schema
Equity
-€3.7m▼ 147%
2023 · -€1.5m
Net result
-€2.2m▼ 351%
2023 · -€486,749
Total assets
€477.0m▲ 5.5%
2023 · €452.3m
Solvency
-0.8%▼ 0.4pp
2023 · -0.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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
Line2021202220232024
Turnover€428,712€1.1m▲ 153%€1.3m▲ 19.0%
Operating result-€2.6m--€2.0m▲ 21.3%-€2.0m▲ 2.6%-€1.9m▲ 1.8%
Net result-€1.0mbelow the sector's middle half-€39,281within the sector's middle half-€486,749below the sector's middle half-€2.2mbelow the sector's middle half▼ 351%
Equity-€1.0mbelow the sector's middle half--€1.0mbelow the sector's middle half▲ 3.8%-€1.5mbelow the sector's middle half▼ 48.3%-€3.7mbelow the sector's middle half▼ 147%
Total assets€394.7mabove the sector's middle half-€429.6mabove the sector's middle half▲ 8.8%€452.3mabove the sector's middle half▲ 5.3%€477.0mabove the sector's middle half▲ 5.5%
Debt€395.7m-€430.6m▲ 8.8%€453.8m▲ 5.4%€480.7m▲ 5.9%
Working capital€63.2mabove the sector's middle half-€26.3mabove the sector's middle half▼ 58.4%-€31.3mbelow the sector's middle half-€55.5mbelow the sector's middle half▼ 77.4%
Solvency-0.3%below the sector's middle half--0.2%below the sector's middle half=-0.3%below the sector's middle half▼ 0.1pp-0.8%below the sector's middle half▼ 0.4pp
Current ratio2.37within the sector's middle half-1.50within the sector's middle half▼ 0.870.44below the sector's middle half▼ 1.060.18below the sector's middle half▼ 0.26
Return on assets (ROA)-0.3%below the sector's middle half-0.0%below the sector's middle half▲ 0.3pp-0.1%below the sector's middle half▼ 0.1pp-0.5%below the sector's middle half▼ 0.4pp
Staff (FTE)3.2within the sector's middle half2.5within the sector's middle half▼ 21.9%4.7within the sector's middle half▲ 88.0%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.9m in 2024 against €2.0m in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €469.3m
Fixed assets
€457.5m ▲ 9.4%
Current assets
€11.8m ▼ 51.5%
Key figures and ratios
Debt ≤ 1 year
€67.3m▲
2023 · €55.6m
Debt > 1 year
€411.3m▲
2023 · €395.5m
Income taxes
€943▲
2023 · €100
Staff costs
€423,435▲
2023 · €297,408
A ratio outside any meaningful range has been withheld (balance sheet total €477.0m, equity -€3.7m).
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 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €53,833 | €1.4m | €1.1m | €1.3m | ▲ 17.7% |
| Turnover70 | - | €428,712 | €1.1m | €1.3m | ▲ 19.0% |
| Other operating income74 | €53,833 | €194,760 | €19,010 | €8,397 | ▼ 55.8% |
| Non-recurring operating income76A | - | €750,751 | - | - | - |
| Operating charges60/66A | €2.6m | €3.4m | €3.1m | €3.2m | ▲ 5.3% |
| Services and other goods61 | €14,973 | €307,442 | €719,338 | €754,775 | ▲ 4.9% |
| Remuneration, social security and pensions62 | - | €240,420 | €297,408 | €423,435 | ▲ 42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €537,067 | €2.1m | €2.0m | €2.0m | ▲ 0.2% |
| Other operating charges640/8 | €355 | €92,511 | €6,280 | €2,163 | ▼ 65.6% |
| Non-recurring operating charges66A | €2.1m | €606,668 | - | - | - |
| Operating profit (loss)9901 | -€2.6m | -€2.0m | -€2.0m | -€1.9m | ▲ 1.8% |
| Financial income75/76B | €5.6m | €23.9m | €44.6m | €49.2m | ▲ 10.4% |
| Recurring financial income75 | €5.6m | €23.9m | €44.6m | €49.2m | ▲ 10.4% |
| Income from current assets751 | €4.0m | €23.5m | €38.9m | €42.4m | ▲ 8.9% |
| Other financial income752/9 | €1.6m | €460,040 | €5.7m | €6.9m | ▲ 20.8% |
| Financial charges65/66B | €4.1m | €21.9m | €43.1m | €49.5m | ▲ 14.8% |
| Recurring financial charges65 | €4.1m | €21.9m | €43.1m | €49.5m | ▲ 14.8% |
| Debt charges650 | €4.1m | €21.8m | €42.0m | €46.4m | ▲ 10.4% |
| Other financial charges652/9 | €2,095 | €102,612 | €1.1m | €3.1m | ▲ 186% |
| Profit (loss) for the period before taxes9903 | -€1.0m | €39,281 | -€486,649 | -€2.2m | ▼ 351% |
| Income taxes67/77 | - | - | €100 | €943 | ▲ 845% |
| Taxes670/3 | - | - | €100 | €943 | ▲ 845% |
| Profit (loss) for the period9904 | -€1.0m | €39,281 | -€486,749 | -€2.2m | ▼ 351% |
| Profit (loss) for the period to be appropriated9905 | -€1.0m | €39,281 | -€486,749 | -€2.2m | ▼ 351% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €394.7m | €429.6m | €452.3m | €477.0m | ▲ 5.5% |
| Formation expenses20 | €14.4m | €11.7m | €9.7m | €7.7m | ▼ 20.7% |
| Fixed assets21/28 | €270.8m | €338.6m | €418.3m | €457.5m | ▲ 9.4% |
| Intangible fixed assets21 | - | €150,854 | €168,863 | €127,507 | ▼ 24.5% |
| Tangible fixed assets22/27 | - | - | - | €2,276 | - |
| Other tangible fixed assets26 | - | - | - | €2,276 | - |
| Financial fixed assets28 | €270.8m | €338.4m | €418.1m | €457.4m | ▲ 9.4% |
| Affiliated companies280/1 | €270.8m | €338.4m | €416.5m | €455.8m | ▲ 9.4% |
| Amounts receivable281 | €270.8m | €338.4m | €416.5m | €455.8m | ▲ 9.4% |
| Other financial fixed assets284/8 | - | - | €1.6m | €1.6m | = |
| Amounts receivable and cash guarantees285/8 | - | - | €1.6m | €1.6m | = |
| Current assets29/58 | €109.4m | €79.3m | €24.3m | €11.8m | ▼ 51.5% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €108.6m | €78.5m | €18.6m | €8.3m | ▼ 55.5% |
| Trade receivables40 | €53,833 | €512,644 | €620,488 | €506,702 | ▼ 18.3% |
| Other amounts receivable41 | €108.5m | €78.0m | €18.0m | €7.8m | ▼ 56.7% |
| Cash at bank and in hand54/58 | €867,722 | €799,022 | €5.4m | €3.5m | ▼ 35.8% |
| Deferred charges and accrued income490/1 | - | €13,185 | €269,570 | €17,030 | ▼ 93.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €394.7m | €429.6m | €452.3m | €477.0m | ▲ 5.5% |
| Equity10/15 | -€1.0m | -€1.0m | -€1.5m | -€3.7m | ▼ 147% |
| Contributions10/11 | €1 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | -€1.0m | -€1.0m | -€1.5m | -€3.7m | ▼ 147% |
| Amounts payable17/49 | €395.7m | €430.6m | €453.8m | €480.7m | ▲ 5.9% |
| Amounts payable after more than one year17 | €348.0m | €376.1m | €395.5m | €411.3m | ▲ 4.0% |
| Financial debts170/4 | €348.0m | €376.1m | €395.5m | €411.3m | ▲ 4.0% |
| Subordinated loans170 | - | €28.1m | €47.5m | €63.3m | ▲ 33.2% |
| Credit institutions173 | €348.0m | €348.0m | €348.0m | €348.0m | = |
| Amounts payable within one year42/48 | €46.2m | €53.0m | €55.6m | €67.3m | ▲ 21.1% |
| Financial debts43 | €42.3m | €46.8m | €45.3m | €46.8m | ▲ 3.3% |
| Credit institutions430/8 | €42.3m | €46.8m | €45.3m | €46.8m | ▲ 3.3% |
| Trade debts44 | €2.0m | €128,455 | €407,796 | €164,369 | ▼ 59.7% |
| Suppliers440/4 | €2.0m | €128,455 | €407,796 | €164,369 | ▼ 59.7% |
| Taxes, remuneration and social security45 | - | €72,946 | €36,639 | €5.8m | ▲ 15,847% |
| Taxes450/3 | - | €51,452 | €100 | €5.8m | ▲ 5,781,444% |
| Remuneration and social security454/9 | - | €21,493 | €36,539 | €75,714 | ▲ 107% |
| Other amounts payable47/48 | €1.9m | €6.0m | €9.8m | €14.5m | ▲ 47.3% |
| Accrued charges and deferred income492/3 | €1.5m | €1.5m | €2.7m | €2.1m | ▼ 21.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.0m | €39,281 | -€486,749 | -€2.2m | ▼ 351% |
| + Depreciation and write-downs630 | €537,067 | €2.1m | €2.0m | €2.0m | ▲ 0.2% |
| Operating cash flow (approximation) | -€509,435 | €2.2m | €1.6m | -€149,227 | ▼ 110% |
| Investment in fixed assets (approximation) | - | -€69.9m | -€81.8m | -€41.3m | ▲ 49.5% |
| Change in cash | - | -€68,700 | €4.6m | -€1.9m | ▼ 142% |
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
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€2.2m
Net result drops to -€2.2m, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €39,281
Net result €39,281 after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
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, Gent · 1 establishment unit since 2021
Ground area
2,596 m²
Building footprint
811 m²
Parcel 44017C0485/00Z002, Flanders. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Apollo Finco
since 20212.323.363.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0485/00Z002 | Flanders | 2,596 m² | 1 · 811 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
Apollo Topco
7 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- Apollo Topco
- Apollo Midco
- Apollo Bidco
- Apollo Finco
Highest known parent: Apollo Topco. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of Apollo Finco 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300S0HEQLIOHTR350
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Of 1,506 companies in sector 66199 we hold annual accounts for 922. 204 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769699651
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.