APP APP
Open bankruptcyA bankruptcy procedure is open for APP APP according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS. The 2020 annual accounts show negative equity (€-187k) and a net result of €-77k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2020, micro schema
Equity
€-187k▼ 70.7%
2019 · €-109k
2019: €-109k
2019 → 2020
Total assets
€294k▼ 29.3%
2019 · €416k
2019: €416k
2019 → 2020
Net result
€-77k▲ 55.3%
2019 · €-173k
2019: €-173k
2019 → 2020
Working capital
€-226k▲ 47.1%
2019 · €-428k
2019: €-428k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€-109k-€-187k▼ 70.7%
Operating result€-169k-€-73k▲ 56.6%
Net result€-173k-€-77k▲ 55.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2020 against €169k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €294k
Fixed assets
€150k▼ 54.0%
Current assets
€145k▲ 59.5%
Key figures and ratios
EBITDA
€-36k▲
2019 · €-109k
Cash flow
€-40k▲
2019 · €-112k
Solvency
-63.5%▼
2019 · -26.3%
Current ratio
0.39▲
2019 · 0.17
Quick ratio
0.39▲
2019 · 0.17
Debt / equity
-0.58
ROA
-26.3%▲
2019 · -41.6%
Debt
€481k▼
2019 · €525k
Debt ≤ 1 year
€371k▼
2019 · €519k
Debt > 1 year
€108k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€416k€294k▼
Fixed assets21/28€325k€150k▼
Intangible fixed assets21€324k€150k▼
Tangible fixed assets22/27€1k€0▼
Current assets29/58€91k€145k▲
Amounts receivable within one year40/41€73k€140k▲
Cash at bank and in hand54/58€17k€3k▼
Equity and liabilities
Total equity and liabilities10/49€416k€294k▼
Equity10/15€-109k€-187k▼
Contributions10/11€64k-
Profit (loss) carried forward14€-173k€-250k▼
Amounts payable17/49€525k€481k▼
Amounts payable after more than one year17-€108k
Amounts payable within one year42/48€519k€371k▼
Trade debts44€256k€221k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€37k▼
Gross operating margin9900€-107k€-33k▲
Operating profit (loss)9901€-169k€-73k▲
Recurring financial income75€0€202▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-173k€-77k▲
Profit (loss) for the period9904€-173k€-77k▲
Profit (loss) for the period to be appropriated9905€-173k€-77k▲
Timeline · acts, filings and financial milestones
2022
21-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · APP APP BV RINGLAAN 39, 1853. GRIMBERGEN · event 15-11-2022
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 183 days late
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalNBB filing
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, Grimbergen · 1 establishment unit since 2018
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.
Ringlaan 391853 GrimbergenGround area
1.0 ha
Building footprint
1,958 m²
Volume, LiDAR
23,903 m³
2 parcels, Flanders · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
APP APP
since 20182.278.154.767
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00A005 | Flanders | 9,119 m² | 1 · 1,742 m² | 16.6 m · 4 fl. |
| 11001B0129/00F007 | Flanders | 1,092 m² | 1 · 216 m² | 16.9 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
15-11-2022 → present |
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 16,887 companies in sector 62100 we hold annual accounts for 8,777.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-07-2018
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.