APOLLON
ActiveSummary
The computed 12-month bankruptcy probability of APOLLON is 1.7% (moderate). The 2025 annual accounts show negative equity (-€4,302) and a net result of -€40,659. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 13617 sector peers (fiscal year 2025). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-91
Solvency19▼-48
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.96 in 2024; short-term debt: 83.8% and cash: 26.4% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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
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 2025Solvency, return and age of the figures
Solvency
-6.3%
Return on assets
-59.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,302
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
29 d late
2023
31 d late
2022
43 d late
2021
37 d late
2020
58 d late
2019
87 d late
← 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 45 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 1 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€40,659
2024 · €15,673
Working capital
-€30,383▼ 2,196%
2024 · -€1,323
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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€27,821▲ 82.0%-€28,359€19,334€22,449▲ 16.1%-€37,746
Net result€23,899within the sector's middle half▲ 99.0%-€27,301below the sector's middle half€17,124within the sector's middle half€15,673within the sector's middle half▼ 8.5%-€40,659below the sector's middle half
Equity€30,861within the sector's middle half▲ 343%€3,560within the sector's middle half▼ 88.5%€20,684within the sector's middle half▲ 481%€36,357within the sector's middle half▲ 75.8%-€4,302below the sector's middle half
Total assets€52,318within the sector's middle half▲ 38.0%€33,049below the sector's middle half▼ 36.8%€46,084within the sector's middle half▲ 39.4%€86,929within the sector's middle half▲ 88.6%€68,100within the sector's middle half▼ 21.7%
Debt€21,456▼ 30.7%€29,490▲ 37.4%€25,400▼ 13.9%€50,572▲ 99.1%€72,402▲ 43.2%
Working capital€28,500within the sector's middle half▲ 51.3%€600within the sector's middle half▼ 97.9%€13,467within the sector's middle half▲ 2,144%-€1,323within the sector's middle half-€30,383within the sector's middle half▼ 2,196%
Solvency59.0%within the sector's middle half▲ 40.6pp10.8%within the sector's middle half▼ 48.2pp44.9%within the sector's middle half▲ 34.1pp41.8%within the sector's middle half▼ 3.1pp-6.3%below the sector's middle half▼ 48.1pp
Current ratio2.43above the sector's middle half▲ 0.421.02within the sector's middle half▼ 1.411.53within the sector's middle half▲ 0.510.96within the sector's middle half▼ 0.570.47below the sector's middle half▼ 0.49
Return on assets (ROA)45.7%above the sector's middle half▲ 14.0pp-82.6%below the sector's middle half▼ 128.3pp37.2%above the sector's middle half▲ 119.8pp18.0%above the sector's middle half▼ 19.1pp-59.7%below the sector's middle half▼ 77.7pp
Staff (FTE)4.62.7▼ 41.3%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €37,746 after €22,449 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68,100
Fixed assets
€41,402 ▼ 24.2%
Current assets
€26,698 ▼ 17.4%
Key figures and ratios
EBITDA
-€24,537▼
2024 · €32,061
Cash flow
-€27,450▼
2024 · €25,285
Quick ratio
0.31▼
2024 · 0.91
Debt to equity
-16.83▼
2024 · 1.39
Interest coverage
-12.54▼
2024 · 12.64
Debt ≤ 1 year
€57,081▲
2024 · €33,642
Debt > 1 year
€15,321▼
2024 · €16,930
Income taxes
€957▼
2024 · €4,254
Staff costs
€130,215▲
2024 · €117,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €48,947 | €109,307 | €99,183 | €117,236 | €130,215 | ▲ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €543 | €892 | €5,164 | €9,612 | €13,208 | ▲ 37.4% |
| Other operating charges640/8 | €348 | €348 | €384 | €384 | €400 | ▲ 4.0% |
| Gross operating margin9900 | €77,659 | €82,187 | €124,066 | €149,681 | €106,077 | ▼ 29.1% |
| Operating profit (loss)9901 | €27,821 | -€28,359 | €19,334 | €22,449 | -€37,746 | ▼ 268% |
| Financial income75/76B | - | €4,629 | €12 | €14 | - | - |
| Recurring financial income75 | - | €4,629 | €12 | €14 | - | - |
| Financial charges65/66B | €1,221 | €3,571 | €1,315 | €2,536 | €1,957 | ▼ 22.8% |
| Recurring financial charges65 | €1,221 | €3,571 | €1,315 | €2,536 | €1,957 | ▼ 22.8% |
| Profit (loss) for the period before taxes9903 | €26,600 | -€27,301 | €18,031 | €19,927 | -€39,702 | ▼ 299% |
| Income taxes67/77 | €2,701 | - | €907 | €4,254 | €957 | ▼ 77.5% |
| Profit (loss) for the period9904 | €23,899 | -€27,301 | €17,124 | €15,673 | -€40,659 | ▼ 359% |
| Profit (loss) for the period to be appropriated9905 | €23,899 | -€27,301 | €17,124 | €15,673 | -€40,659 | ▼ 359% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,318 | €33,049 | €46,084 | €86,929 | €68,100 | ▼ 21.7% |
| Fixed assets21/28 | €3,851 | €2,960 | €7,217 | €54,610 | €41,402 | ▼ 24.2% |
| Tangible fixed assets22/27 | €3,775 | €2,883 | €7,140 | €54,533 | €41,325 | ▼ 24.2% |
| Plant, machinery and equipment23 | €3,266 | €2,566 | €1,866 | €1,166 | €466 | ▼ 60.0% |
| Furniture and vehicles24 | €138 | €37 | €5,085 | €53,269 | €40,850 | ▼ 23.3% |
| Other tangible fixed assets26 | €370 | €280 | €189 | €99 | €8 | ▼ 91.5% |
| Financial fixed assets28 | €77 | €77 | €77 | €77 | €77 | = |
| Current assets29/58 | €48,466 | €30,090 | €38,867 | €32,319 | €26,698 | ▼ 17.4% |
| Amounts receivable after more than one year29 | - | - | €12,339 | - | - | - |
| Trade receivables290 | - | - | €12,339 | - | - | - |
| Stocks and contracts in progress3 | €5,538 | €5,105 | €1,055 | €1,777 | €8,732 | ▲ 391% |
| Stocks30/36 | €5,538 | €5,105 | €1,055 | €1,777 | €8,732 | ▲ 391% |
| Amounts receivable within one year40/41 | €1,941 | €4,172 | - | €1,952 | - | - |
| Trade receivables40 | €1,022 | - | - | €1,952 | - | - |
| Other amounts receivable41 | €919 | €4,172 | - | - | - | - |
| Cash at bank and in hand54/58 | €40,987 | €16,184 | €25,474 | €28,589 | €17,966 | ▼ 37.2% |
| Deferred charges and accrued income490/1 | - | €4,629 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,318 | €33,049 | €46,084 | €86,929 | €68,100 | ▼ 21.7% |
| Equity10/15 | €30,861 | €3,560 | €20,684 | €36,357 | -€4,302 | ▼ 112% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €10,456 | -€16,845 | €279 | €15,952 | -€24,707 | ▼ 255% |
| Amounts payable17/49 | €21,456 | €29,490 | €25,400 | €50,572 | €72,402 | ▲ 43.2% |
| Amounts payable after more than one year17 | €1,490 | - | - | €16,930 | €15,321 | ▼ 9.5% |
| Financial debts170/4 | €1,490 | - | - | €16,930 | €15,321 | ▼ 9.5% |
| Amounts payable within one year42/48 | €19,966 | €29,490 | €25,400 | €33,642 | €57,081 | ▲ 69.7% |
| Trade debts44 | €4,773 | €8,007 | €8,694 | €3,346 | €28,394 | ▲ 749% |
| Suppliers440/4 | €4,773 | €8,007 | €8,694 | €3,346 | €28,394 | ▲ 749% |
| Taxes, remuneration and social security45 | €15,193 | €21,483 | €16,706 | €29,264 | €28,687 | ▼ 2.0% |
| Taxes450/3 | €6,149 | €6,844 | €5,510 | €14,133 | €12,962 | ▼ 8.3% |
| Remuneration and social security454/9 | €9,044 | €14,639 | €11,197 | €15,131 | €15,725 | ▲ 3.9% |
| Other amounts payable47/48 | - | - | - | €1,032 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,899 | -€27,301 | €17,124 | €15,673 | -€40,659 | ▼ 359% |
| + Depreciation and write-downs630 | €543 | €892 | €5,164 | €9,612 | €13,208 | ▲ 37.4% |
| Operating cash flow (approximation) | €24,442 | -€26,410 | €22,288 | €25,285 | -€27,450 | ▼ 209% |
| Investment in fixed assets (approximation) | - | €0 | -€9,421 | -€57,005 | €0 | ▲ 100% |
| Change in cash | - | -€24,803 | €9,291 | €3,115 | -€10,623 | ▼ 441% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet -€40,659
Net result drops to -€40,659, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €17,124
Net result €17,124 after one loss-making year.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 37 days late
2021
31-12
Financial
Highest result since 2018net €23,899 ▲99%
Operating result €27,821, net result €23,899, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.56
Current ratio from 0.70 to 1.56; short-term debt falls from €23,998 to €19,166.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Braine-le-Château · 1 establishment unit since 1982
Ground area
103 m²
Building footprint
28 m²
Volume, LiDAR
155 m³
Parcel 25015A0397/00H002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Nivelles 8, 1440 Braine-le-Château
since 19822.021.104.272
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015A0397/00H002 | Wallonia | 103 m² | 1 · 28 m² | 7.1 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBraine-le-Château2.021.104.272
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,639 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
Founded01-09-1982
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423065993
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.