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APOLLO

Active Public limited companyfounded 1996active for 29 yearsIndustrieweg 4, 3001 LeuvenKBO/BCE: BE 0459.188.595 subsidiary of ALEVEI

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1998
peak €197,607 (2022)
€181,892▲ 13.9%
lowest -€86,409 (2017)
€77,781▲ 25.2%
peak €529,256 (2025)
€529,256▲ 17.2%
€69,773▲ 81.7%
Board6 names since 2019
2 directorsALEVEI and 1 other
Owners4 names in the annual accounts
100%ALEVEI
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €159,755 to €181,892Result from €62,145 to €77,781Equity from €451,474 to €529,256Debts from €38,405 to €69,773Cash from €24,747 to €32,613

Key points

from the 2025 annual accounts

Equity

€529,256 ▲ 17.2%

APOLLO has made a profit without a break since 2018.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 9 to 126 days before the end of the period.

Position in the sector

84.9%

Higher solvency than 87% of companies in real estate. Sector median 30.7% · 11,299 companies.

Checked score

97
Excellent
Financially stronger than 78% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 84.9% of total assets
57+1short-term debt 7.5% · cash 5.2%
84=return on assets 12.5%

Score breakdown

lowers risk
Size: total assets €623,345
Equity €529,256 (84.9% of total assets)
Figures for financial year 2025 (filed on 22-07-2026)
Legal form: public limited company
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 67% on liquidity, 81% on profitability and 73% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as APOLLO has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of APOLLO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for APOLLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.35 (5.15 in 2024), above the usual 1.5. Short-term debt is 7.5% and cash 5.2% of total assets. 15.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €623,345
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €529,256 (84.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
42 days early
2023
34 days early
2022
19 days early
2021
126 days early
2020
121 days early
2019
123 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

A
Director, Patrick Giler
AM
Director, since 15-12-2021
  • ALEVEI 100%score 90equity €1.6m (2025) · 2025 annual accounts of ALEVEI
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0459188595
Amendment of the articles General meeting of 15-06-2022 · Gazette deed
2 directors appointed, 3 resignations Resignations: Bovenbos Capital BV (managing director), Imblo BV and Ortwin Reymen · Permanent representatives: Diane Bils, Pol Blondé and Patrick Giler · Appointments: ALEVEÏ and Anne-Marie Moll · General meeting of 15-12-2021 · Gazette deed
3 directors reappointed Bovenbos Capital BV (managing director), Ortwin Reymen and Imblo BV · Permanent representatives: Diane Bils and Pol Blondé · Board meeting of 09-09-2020 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
APOLLO Leuven €623,345 €181,892 84.9% -
IMMOBURO TERMOTE Waregem €670,365 €198,919 90.5% -
Masset Projects Zandhoven €571,892 €191,806 43.0% 0.9
DOUTRELCO Oudenaarde €563,660 €152,905 77.8% 1
BOBO Heusden-Zolder €614,709 €279,674 60.0% -
Coördinatie- en beheersmaatschappij Wetteren €604,402 €156,580 32.2% -
LOFTING Lennik €508,030 €115,629 29.8% -

These companies have the same main activity as APOLLO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €508,000 and €670,000, founded between 1993 and 2001.

Official details

Source: KBO
Status
Active since 12-11-1996Normal situation
Activity
Development of residential building projectsNACE 68121and 3 others
Establishment unit
2.079.382.8623001 Leuven, since 09-12-1996
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €390,000estimated
€623,345▲ 19.3%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on APOLLO

APOLLO files the abbreviated format. That format states no turnover. The gross margin rose from €20,343 in 2007 to €181,892 in 2025.

ALEVEI holds all the shares. In December 2021, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about APOLLO

What is the company number of APOLLO?
The company number of APOLLO is 0459.188.595. The VAT number is the same number with BE in front: BE 0459.188.595.
Where is APOLLO based?
The registered office is at Industrieweg 4, 3001 Leuven.Company details
What does APOLLO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of APOLLO?
APOLLO is a public limited company (NV).
When was APOLLO founded?
APOLLO was founded on 12-11-1996.
Is APOLLO still active?
Yes, APOLLO is an active enterprise in the KBO register.
What is the turnover of APOLLO?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €181,892 and 33 comparable companies (NACE 681). It probably lies between €240,000 and €890,000.Financials
Is APOLLO profitable?
In financial year 2025, APOLLO made a profit of €77,781.
Where can I find the annual accounts of APOLLO?
APOLLO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of APOLLO due?
APOLLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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