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APPELKANT

Active
Private limited companyfounded 201412 years activeAppelkantstraat 7, 2540 Hove, BelgiumKBO/BCE: BE 0560.941.694
Summary

APPELKANT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232,017 and a net result of €9,127. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 1,119 sector peers (NACE 18, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Pre-press and pre-media services
NACE 18130
1 site
Size
€378,102total assets 2025
Equity
€232,017
Profit
€9,127
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Holdings
1
Accounts filed 27 days late0 of 3 deeds read
Why 91- Sector Printing and reproduction of recorded media (NACE 18)+ Founded in 2014+ Figures for FY 2025 (filed 27-08-2026)+ Equity €232,017 (61.4% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 18, micro)
Financial strength · tick = 2024
Strong
Solvency 86=
equity 61.4% of total assets
Liquidity 60+10
short-term debt 16.2% · cash 10.7%
Profitability 72+5
return on assets 2.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,610 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.2%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.44 in 2024; short-term debt: 16.2% and cash: 10.7% of total assets), and 38.6% of the assets are financed with debt.
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 18, micro): better than 62% on solvency, 55% on liquidity, 49% on profitability and 52% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Printing and reproduction of recorded media (NACE 18)
KBO
lowers risk · Figures for FY 2025 (filed 27-08-2026)
NBB · annual accounts
lowers risk · Equity €232,017 (61.4% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
28 days late
2023
35 days early
2022
30 days late
2021
9 days early
2020
22 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 15% on equitysector median €64,502 · 1,120 companies €232,017 View
  • Positive: 8 profitable years in a rowprofit 2025: €9,127 8 years View
  • Total assets 20256 fiscal years filed €378,102 View

By topic

Financials

Fiscal year
2025
Total assets
€378,102
Profit
€9,127
Solvency
61.4%
Total assets▲ 3.5%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-08-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Pre-press and pre-media servicesNACE 18130
Founded
02-09-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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