APOPHIS
ActiveThe computed 12-month bankruptcy probability of APOPHIS is 1.6% (moderate). The 2025 annual accounts show equity of €26k and a net result of €7k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 7452 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency77▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.83 against 1.65 in 2024; short-term debt: 44.5% and cash: 19.4% of total assets), and 47.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.2%
Return on assets
14.3%
Age of the figures
9 mo
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 22-05-2026, 70 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
70 d early
2024
1 d early
2023
25 d early
2022
4 d early
2021
26 d early
2020
3 d early
2019
42 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 9.8%
2024 · €29k
2018: €39k
2019: €18k
2020: €31k
2021: €27k
2022: €15k
2023: €10k
2024: €29k
2018 → 2025
Total assets
€50k▼ 5.3%
2024 · €53k
2018: €65k
2019: €24k
2020: €48k
2021: €74k
2022: €76k
2023: €61k
2024: €53k
2018 → 2025
Net result
€7k▼ 63.0%
2024 · €19k
2018: €45k
2019: €-17k
2020: €17k
2021: €-5k
2022: €-12k
2023: €-5k
2024: €19k
2018 → 2025
Working capital
€-4k
2024 · €10k
2018: €36k
2019: €18k
2020: €11k
2021: €6k
2022: €7k
2023: €-10k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€15k▼ 44.6%€10k▼ 34.4%€29k▲ 200%€26k▼ 9.8%
Operating result€-5k-€-11k▼ 123%€-4k▲ 60.8%€20k€8k▼ 61.1%
Net result€-5k-€-12k▼ 155%€-5k▲ 57.2%€19k€7k▼ 63.0%
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 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€31k▲ 17.5%
Current assets
€19k▼ 28.8%
Equity and liabilities €50k
Equity
€26k▼ 9.8%
Debt
€24k▲ 0.1%
The debt ratio rises from 45.2% to 47.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €28k
Cash flow
€17k▼
2024 · €28k
Solvency
52.2%▼
2024 · 54.8%
Current ratio
0.83▼
2024 · 1.65
Quick ratio
0.83▼
2024 · 1.65
Debt / equity
0.91▲
2024 · 0.82
ROE
27.3%▼
2024 · 66.7%
ROA
14.3%▼
2024 · 36.6%
Interest coverage
26.46▼
2024 · 36.09
Debt
€24k▲
2024 · €24k
Debt ≤ 1 year
€22k▲
2024 · €16k
Debt > 1 year
€2k▼
2024 · €8k
Income taxes
€547
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53k€50k▼
Fixed assets21/28€27k€31k▲
Tangible fixed assets22/27€27k€31k▲
Plant, machinery and equipment23€663€309▼
Furniture and vehicles24€4k€12k▲
Other tangible fixed assets26€22k€19k▼
Financial fixed assets28€150€150=
Current assets29/58€26k€19k▼
Amounts receivable within one year40/41€21k€8k▼
Trade receivables40€15k€692▼
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€4k€10k▲
Deferred charges and accrued income490/1€542€580▲
Equity and liabilities
Total equity and liabilities10/49€53k€50k▼
Equity10/15€29k€26k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€9k€6k▼
Amounts payable17/49€24k€24k▲
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€16k€22k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45-€547
Taxes450/3-€547
Other amounts payable47/48€3k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€693€792▲
Gross operating margin9900€29k€18k▼
Operating profit (loss)9901€20k€8k▼
Financial income75/76B€55€546▲
Recurring financial income75€55€546▲
Financial charges65/66B€787€660▼
Recurring financial charges65€787€660▼
Profit (loss) for the period before taxes9903€19k€8k▼
Income taxes67/77-€547
Profit (loss) for the period9904€19k€7k▼
Profit (loss) for the period to be appropriated9905€19k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€16k▲
Profit (loss) brought forward from the previous period14P€-10k€9k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.65
Current ratio from 0.74 to 1.65; short-term debt falls from €37k to €16k.
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €-17k ▼137%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudergem · 1 establishment unit since 2017
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.
Tweesteenwegenstraat 181160 OudergemGround area
477 m²
Building footprint
204 m²
Volume, LiDAR
1,372 m³
2 parcels, Brussels · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
APOPHIS
since 20172.262.138.186
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0060/00H010 | Brussels | 336 m² | 1 · 148 m² | 9.2 m · 3 fl. |
| 21332B0060/00F015 | Brussels | 142 m² | 1 · 56 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.