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APPEK

Active Private limited companyfounded 2000active for 26 yearsFabriekslaan 40, 8880 LedegemKBO/BCE: BE 0471.645.078

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €90,142 (2014)
€32,539▼ 46.3%
peak €52,074 (2023)
€8,195▼ 74.7%
peak €272,227 (2020)
€126,013▲ 1.8%
€137,880▼ 4.4%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
05-05-202687 days before the deadline
2025micro format
Gross margin from €60,558 to €32,539Result from €32,436 to €8,195Cash from €50,607 to €105,938

Key points

from the 2025 annual accounts

Equity

€126,013 from €272,227 in 2020

Equity fell by 54% in 5 years.

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2022 accounts came latest: 151 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as APPEK has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 17,044 companies, not a prediction for APPEK. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471645078
Capital decrease of €68,132.17 Appointments: (director) and (director) · “Het verkopen en bemiddelen in de verkoop van textielproducten en toebehoren,accessoires en aanverwante…” (deed in Dutch) · General meeting of 20-12-2021 · Gazette deed
First establishment Fabriekslaan 40, Ledegem
Incorporation published on 19-04-2000 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
APPEK Ledegem €263,893 €32,539 47.8% -
PASCALE DE PAU Maldegem €243,029 €38,756 34.1% -
INDIBLUE Ghent €266,994 €36,411 57.7% -
ARKOS Torhout €301,895 €30,939 88.8% 0
DRESS CODE COMPANY Antwerp €338,483 €33,419 38.1% -
MISSOTTEN CLAESSENS Wijnegem €309,716 €45,275 -17.7% -
ANICK GUILMOT Grimbergen €307,600 €21,101 95.5% -

These companies have the same main activity as APPEK: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €243,000 and €338,000, founded between 1992 and 2004.

Official details

Source: KBO
Status
Active since 07-04-2000Normal situation
Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160
Establishment unit
2.094.966.2108880 Ledegem, since 23-06-2000
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€263,893▼ 1.6%
Filing
Filed on 05-05-2026, 87 days before the end of the filing period
Financials

Insights on APPEK

APPEK files the micro format. That format states no turnover. The gross margin fell from €51,298 in 2006 to €32,539 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 APPEK

What is the company number of APPEK?
The company number of APPEK is 0471.645.078. The VAT number is the same number with BE in front: BE 0471.645.078.
Where is APPEK based?
The registered office is at Fabriekslaan 40, 8880 Ledegem.Company details
What does APPEK do?
According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
What is the legal form of APPEK?
APPEK is a private limited company (BV).
When was APPEK founded?
APPEK was founded on 07-04-2000.
Is APPEK still active?
Yes, APPEK is an active enterprise in the KBO register.
What is the turnover of APPEK?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €32,539 and 38 comparable companies (NACE 461). It probably lies between €89,000 and €360,000.Financials
Is APPEK profitable?
In financial year 2025, APPEK made a profit of €8,195.
Where can I find the annual accounts of APPEK?
APPEK filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of APPEK due?
APPEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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