Equity
€22,032 from €172,556 in 2023
Equity fell by 87% in 2 years.
Appa Communications
Lifetime
6 annual accounts with figures on one time axispeak €80,536 (2020)
€29,309▲ €29,535
lowest -€1,828 (2024)
€21,859▲ €23,687
peak €172,556 (2023)
€22,032▲ 128×
€49,038▼ 29.9%
Board1 name since 2020
1 directorSTEINWAY, Diana Lyn
Documentsfilings and deeds
05-06-202656 days before the deadline
2025micro format
Gross margin from -€226 to €29,309Back to profit: €21,859Equity from €172 to €22,032Debts from €69,996 to €49,038
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 67% of micro companies in computing infrastructure and information services (NACE 63)
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: 0.1% across 2,947 companies (NACE 63, 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 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points 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 11-2025highest value
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 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2020
lowers risk
Liquidity: current ratio 1.34, cash €42,990
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Size: total assets €71,070
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 63, micro). It does better than 33% of them on solvency, 51% on liquidity, 85% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 26,972 companies had the same profile as Appa Communications has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Appa Communications itself is lower: 0.1% within 12 months. It rests on far more data about Appa Communications than the profile alone.
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.
| 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 26,972 companies, not a prediction for Appa Communications. 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 €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (0.9 in 2024), below the usual 1.5. Short-term debt is 69% and cash 60.5% of total assets. 69% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
56 days early
2024
31 days early
2023
30 days early
2022
35 days early
2021
37 days early
2020
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 37 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743576264
Incorporation
Founding capital of €2,000 · Founder: STEINWAY, Diana Lyn · Appointment: STEINWAY, Diana Lyn (sole director) · published on 14-02-2020 · Gazette deed
First establishment
Tereikenlaan 3, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Appa Communications Leuven | €71,070 | €29,309 | 31.0% | - |
| Wommadvice Wommelgem | €72,254 | €28,207 | 38.0% | - |
| MH Electromechanical and sustainable engineering Halle | €65,877 | €29,275 | 22.7% | - |
| GOTH Meise | €55,839 | €23,252 | 89.4% | - |
| Shinobi Geel | €84,264 | €32,537 | 50.1% | - |
| SUPEROXIDE Herentals | €56,244 | €31,726 | 66.4% | - |
| Regelet! Schilde | €59,284 | €22,691 | 35.7% | - |
These companies have the same main activity as Appa Communications: other information service activities (NACE 63920). They are comparable in size and age: total assets between €55,800 and €84,300, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 12-02-2020Normal situation
- Activity
- Other information service activitiesNACE 63920
- Establishment unit
- 2.299.676.4933001 Leuven, since 12-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2026
Annual accounts 2025
- €71,070▲ 1.3%
- Filing
- Filed on 05-06-2026, 56 days before the end of the filing period
Insights on Appa Communications
Appa Communications files the micro format. That format states no turnover. The gross margin fell from €80,536 in 2020 to €29,309 in 2025.
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 Appa Communications
- What is the company number of Appa Communications?
- The company number of Appa Communications is 0743.576.264. The VAT number is the same number with BE in front: BE 0743.576.264.
- Where is Appa Communications based?
- The registered office is at Tereikenlaan 3, 3001 Leuven.Company details
- What does Appa Communications do?
- According to the KBO register, the main activity is other information service activities (NACE 63920).
- What is the legal form of Appa Communications?
- Appa Communications is a private limited company (BV).
- When was Appa Communications founded?
- Appa Communications was founded on 12-02-2020.
- Is Appa Communications still active?
- Yes, Appa Communications is an active enterprise in the KBO register.
- What is the turnover of Appa Communications?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €29,309 and 2,934 comparable companies of the same size. It probably lies between €71,000 and €210,000. It is a rough estimate.Financials
- Is Appa Communications profitable?
- In financial year 2025, Appa Communications made a profit of €21,859.
- Where can I find the annual accounts of Appa Communications?
- Appa Communications filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Appa Communications due?
- Appa Communications must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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