Financials
- Financial year
- 2024
- Total assets
- €72,115
- Profit
- €30,673
- Solvency
- -37.5%
Total assets▲ 216%
Net result
20192024
APPARTEMENT20
ActiveSummary
The computed 12-month bankruptcy probability of APPARTEMENT20 is 1.8% (moderate). The 2024 annual accounts show negative equity (-€27,061) and a net result of €30,673. Equity is shrinking by about 100% per year across the filed financial years. Its solvency ranks better than 5% of 4,628 sector peers (NACE 70, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€72,115total assets 2024
- Equity
- -€27,061
- Profit
- €30,673
Structure
Accounts 70 days overdue0 of 1 deed read
Why 54raises riskFigures for financial year 2024 (filed 25-08-2025)Liquidity: current ratio 0.54, cash €207lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €72,115Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -37.5% of total assets
Liquidity
0-1
short-term debt 135.7% · cash 0.3%
Profitability
100+100
return on assets 42.5%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 0.7%
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.6%▼ -0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026lowest value
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026
10-2026: 1.8%▲ +0.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.54, compared with 0.02 in 2023; short-term debt: 135.7% and cash: 0.3% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 3% on solvency, 1% on liquidity, 84% on profitability and 81% on growth.
The bankruptcy probability was computed on 08-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4628 sector peers (2024).
NBB · sector comparisonPosition among 4628 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
20 days late
2023
16 days late
2022
30 days late
2021
36 days late
2020
10 days late
2019
25 days 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 23 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Back to profitnet €30,673
- Annual accounts filedfinancial year 2023 · full…
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€27,061 View
- Caution: Among the weakest 5% on solvencysector median 48.8% · 4,628 companies -37.5% View
- Positive: Back in profit in 2024after -€51,054 in 2023 €30,673 View
- Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
By topic
Timeline
- Events
- 8
- Since
- 2020
- 31-12-2023Weakest financial year
- 30-08-2023Annual accounts filed
- 05-09-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 22-11-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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