APOLONIA
ActiveSummary
APOLONIA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €226,739 and a net result of €23,861. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 2025 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-9
Solvency54▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.75 in 2023; short-term debt: 38.8% and cash: 2.7% of total assets), and 71.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
139 d late
2022
70 d late
2021
106 d late
2020
117 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 6 accounts on average 97 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€226,739▲ 11.8%
2023 · €202,878
Total assets
€785,610▼ 18.1%
2023 · €959,517
Net result
€23,861▼ 62.3%
2023 · €63,350
Working capital
-€149,871▼ 33.2%
2023 · -€112,545
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing 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
Line20202021202220232024
Operating result€19,661€23,098▲ 17.5%€44,083▲ 90.9%€97,884▲ 122%€46,929▼ 52.1%
Net result€644within the sector's middle half▲ 64,300%€4,450within the sector's middle half▲ 591%€20,600within the sector's middle half▲ 363%€63,350above the sector's middle half▲ 208%€23,861within the sector's middle half▼ 62.3%
Equity€114,478within the sector's middle half▲ 0.6%€118,928within the sector's middle half▲ 3.9%€139,528within the sector's middle half▲ 17.3%€202,878above the sector's middle half▲ 45.4%€226,739above the sector's middle half▲ 11.8%
Total assets€927,781above the sector's middle half▲ 4.1%€1.1mabove the sector's middle half▲ 14.0%€865,697within the sector's middle half▼ 18.2%€959,517above the sector's middle half▲ 10.8%€785,610above the sector's middle half▼ 18.1%
Debt€813,303▲ 4.7%€938,978▲ 15.5%€726,169▼ 22.7%€756,639▲ 4.2%€558,871▼ 26.1%
Working capital-€27,771within the sector's middle half-€75,937below the sector's middle half▼ 173%-€109,584below the sector's middle half▼ 44.3%-€112,545below the sector's middle half▼ 2.7%-€149,871below the sector's middle half▼ 33.2%
Solvency12.3%within the sector's middle half▼ 0.4pp11.2%within the sector's middle half▼ 1.1pp16.1%below the sector's middle half▲ 4.9pp21.1%within the sector's middle half▲ 5.0pp28.9%within the sector's middle half▲ 7.7pp
Current ratio0.91within the sector's middle half▼ 0.290.85within the sector's middle half▼ 0.060.69within the sector's middle half▼ 0.160.75within the sector's middle half▲ 0.060.51within the sector's middle half▼ 0.24
Return on assets (ROA)0.1%within the sector's middle half▲ 0.1pp0.4%within the sector's middle half▲ 0.4pp2.4%within the sector's middle half▲ 2.0pp6.6%within the sector's middle half▲ 4.2pp3.0%within the sector's middle half▼ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing 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 falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €785,610
Fixed assets
€630,937 ▲ 0.1%
Current assets
€154,673 ▼ 53.0%
Equity and liabilities €785,610
Equity
€226,739 ▲ 11.8%
Debt
€558,871 ▼ 26.1%
Debt's share of the balance-sheet total falls from 78.9% to 71.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54,273▼
2023 · €102,726
Cash flow
€31,205▼
2023 · €68,192
Debt to equity
2.46▼
2023 · 3.73
ROE
10.5%▼
2023 · 31.2%
Interest coverage
5.46▼
2023 · 9.56
Debt ≤ 1 year
€304,544▼
2023 · €441,813
Debt > 1 year
€254,327▼
2023 · €314,826
Income taxes
€13,239▼
2023 · €24,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,609 | €4,396 | €3,905 | €4,842 | €7,344 | ▲ 51.7% |
| Other operating charges640/8 | - | €1,106 | €255 | - | €141 | - |
| Gross operating margin9900 | €30,429 | €28,600 | €48,243 | €102,726 | €54,414 | ▼ 47.0% |
| Operating profit (loss)9901 | €19,661 | €23,098 | €44,083 | €97,884 | €46,929 | ▼ 52.1% |
| Financial income75/76B | - | €272 | - | €674 | €114 | ▼ 83.1% |
| Recurring financial income75 | €29 | €272 | - | €674 | €114 | ▼ 83.1% |
| Financial charges65/66B | - | €16,593 | €10,080 | €10,742 | €9,943 | ▼ 7.4% |
| Recurring financial charges65 | €12,534 | €16,593 | €10,080 | €10,742 | €9,943 | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | €7,156 | €6,777 | €34,003 | €87,816 | €37,100 | ▼ 57.8% |
| Income taxes67/77 | €6,512 | €2,327 | €13,403 | €24,466 | €13,239 | ▼ 45.9% |
| Profit (loss) for the period9904 | €644 | €4,450 | €20,600 | €63,350 | €23,861 | ▼ 62.3% |
| Profit (loss) for the period to be appropriated9905 | €644 | €4,450 | €20,600 | €63,350 | €23,861 | ▼ 62.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €927,781 | €1.1m | €865,697 | €959,517 | €785,610 | ▼ 18.1% |
| Fixed assets21/28 | €631,552 | €627,156 | €623,251 | €630,249 | €630,937 | ▲ 0.1% |
| Tangible fixed assets22/27 | €31,552 | €27,156 | €23,251 | €29,664 | €30,352 | ▲ 2.3% |
| Land and buildings22 | - | €24,685 | €21,604 | €18,524 | €15,441 | ▼ 16.6% |
| Plant, machinery and equipment23 | - | €509 | €339 | €10,486 | €10,097 | ▼ 3.7% |
| Furniture and vehicles24 | - | €1,962 | €1,308 | €654 | €4,814 | ▲ 636% |
| Financial fixed assets28 | €600,000 | €600,000 | €600,000 | €600,585 | €600,585 | = |
| Current assets29/58 | €296,229 | €430,750 | €242,446 | €329,268 | €154,673 | ▼ 53.0% |
| Amounts receivable after more than one year29 | - | €45,650 | - | - | - | - |
| Other amounts receivable291 | - | €45,650 | - | - | - | - |
| Amounts receivable within one year40/41 | €222,355 | €277,074 | €199,188 | €230,098 | €133,145 | ▼ 42.1% |
| Trade receivables40 | - | €276,489 | €196,696 | €156,447 | €3,994 | ▼ 97.4% |
| Other amounts receivable41 | - | €585 | €2,492 | €73,651 | €129,151 | ▲ 75.4% |
| Cash at bank and in hand54/58 | €3,874 | €108,026 | €43,258 | €99,170 | €21,528 | ▼ 78.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €927,781 | €1.1m | €865,697 | €959,517 | €785,610 | ▼ 18.1% |
| Equity10/15 | €114,478 | €118,928 | €139,528 | €202,878 | €226,739 | ▲ 11.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €22,459 | €22,459 | €46,320 | ▲ 106% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | €20,600 | €20,600 | €44,461 | ▲ 116% |
| Profit (loss) carried forward14 | €94,027 | €98,477 | €98,477 | €161,827 | €161,827 | = |
| Amounts payable17/49 | €813,303 | €938,978 | €726,169 | €756,639 | €558,871 | ▼ 26.1% |
| Amounts payable after more than one year17 | €489,303 | €432,291 | €374,139 | €314,826 | €254,327 | ▼ 19.2% |
| Financial debts170/4 | - | €432,291 | €374,139 | €314,826 | €254,327 | ▼ 19.2% |
| Amounts payable within one year42/48 | €324,000 | €506,687 | €352,030 | €441,813 | €304,544 | ▼ 31.1% |
| Current portion of amounts payable after more than one year42 | - | €57,013 | €58,152 | €59,314 | €60,499 | ▲ 2.0% |
| Trade debts44 | €234,894 | €410,642 | €170,567 | €193,955 | €17,283 | ▼ 91.1% |
| Suppliers440/4 | - | €410,642 | €170,567 | €193,955 | €17,283 | ▼ 91.1% |
| Taxes, remuneration and social security45 | - | €11,575 | €30,934 | €127,594 | €147,742 | ▲ 15.8% |
| Taxes450/3 | - | €11,575 | €30,934 | €127,594 | €147,742 | ▲ 15.8% |
| Other amounts payable47/48 | - | €27,457 | €92,377 | €60,950 | €79,020 | ▲ 29.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €644 | €4,450 | €20,600 | €63,350 | €23,861 | ▼ 62.3% |
| + Depreciation and write-downs630 | €9,609 | €4,396 | €3,905 | €4,842 | €7,344 | ▲ 51.7% |
| Operating cash flow (approximation) | €10,253 | €8,846 | €24,505 | €68,192 | €31,205 | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€11,840 | -€8,032 | ▲ 32.2% |
| Change in cash | - | €104,152 | -€64,768 | €55,912 | -€77,642 | ▼ 239% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
31-12
Financial
Highest result since 2018net €63,350 ▲208%
Operating result €97,884, net result €63,350, both a record.
31-12
Financial
Equity above €200,000Eq €202,878 ▲45.4%
6 profitable years in a row build equity to €202,878.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet €1 ▼100%
Net result drops to €1, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Aalst · 1 establishment unit since 1995
Ground area
2,075 m²
Building footprint
963 m²
Volume, LiDAR
4,620 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sinte Apoloniastraat 6, 9300 Aalst
since 19952.071.493.495
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0736/00G002 | Flanders | 1,862 m² | 1 · 870 m² | 6.8 m · 2 fl. |
| 41302C0349/00V002 | Flanders | 213 m² | 1 · 93 m² | 10.2 m · 2 fl. |
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
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2021 annual accounts of APOLONIA 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 1,446 companies in sector 77110 we hold annual accounts for 729. 466 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 (pre-2019)
Founded31-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454913172
Also
9925:BE0454913172
Registered
22-12-2025
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.