APPELS+
The computed 12-month bankruptcy probability of APPELS+ is 2.9% (moderate). The 2025 annual accounts show equity of €451 and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 1377 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €451 |
| Net result | €-5k |
| Better than sector | 38% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.0% | 23.3% | |
| Net result | €-5k | €8k | |
| Equity | €451 | €26k | |
| Gross operating margin | €-4k | €36k | |
| Total assets | €4k | €133k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-5k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €42 |
| Dividends | - |
| Total assets | €4k |
| Equity | €451 |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €451 |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.14 |
| Quick ratio | 1.14 |
| Working capital ratio | 12.0% |
| Solvency | 12.0% |
| Debt / equity | 7.30 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -133.2% |
| ROE | -1105.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 147d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €451 |
| Contributions / capital | 10/11 | €8k |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-5k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €20 |
| Result before taxes | 9903 | €-5k |
| Income taxes | 67/77 | €42 |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
-
Current01-01-2026 → present
-
Current21-06-2021 → present
Former directors (4)
-
Former- → 31-12-2025
-
Former21-06-2021 → 31-12-2025
2 events
- 31-12-2025 Resigned· Director
- 21-06-2021 Appointed· Director
-
Former31-05-2021 → 31-12-2025
2 events
- 31-12-2025 Resigned· Director
- 31-05-2021 Appointed· Director
-
Former- → 31-05-2021
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 28-01-2021 |
| Status | Active |
| Postal code | 1760 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097E0813/00M000 | Flanders | 390 m² | 1 · 168 m² | 4.6 m · 1 fl. |
| 41362B1035/00R000 | Flanders | 323 m² | 1 · 330 m² | 19.0 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-01-2026 1 director appointed, 3 resigning
- CHEEMA Tajamal, Bestuurder
- Nadeem Abbas, Bestuurder
- CHEEMA Humayun Ashraf, Bestuurder
- Cheema Muhammad Zubair, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nadeem Abbas",
"address": null,
"birth_date": null
},
"effective_date": "2025-12-31",
"evidence_quote": "1.Bevestiging van het ontslag als bestuurder van Meneer Abbas Nadeem vanaf 31/12/2025."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CHEEMA Humayun Ashraf",
"address": null,
"birth_date": null
},
"effective_date": "2025-12-31",
"evidence_quote": "2.Bevestiging van het ontslag als bestuurder van Meneer CHEEMA Humayun Ashraf vanaf 31/12/2025."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Cheema Muhammad Zubair",
"address": null,
"birth_date": null
},
"effective_date": "2025-12-31",
"evidence_quote": "3.Bevestiging van het ontslag als bestuurder van Meneer Cheema Muhammad Zubair vanaf 31/12/2025."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CHEEMA Tajamal",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-01",
"evidence_quote": "4.Meneer CHEEMA Tajamal wordt benoemd als bestuurder vanaf 01/01/2026"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.647.949",
"name_full": "APPELS\u002B",
"legal_form": "BV"
}
}09-07-2021 2 directors appointed
- Cheema Muhammad Zubair, Bestuurder
- Hamayun Cheema, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Cheema Muhammad Zubair",
"address": null,
"birth_date": null
},
"effective_date": "2021-06-21",
"evidence_quote": "De heer Cheema Muhammad Zubair, wonende te 9200 Oudegem, Oudegemsebaan 199, wordt benoemd als bestuurder vanaf 21/06/2021."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hamayun Cheema",
"address": null,
"birth_date": null
},
"effective_date": "2021-06-21",
"evidence_quote": "De heer Hamayun Cheema, wonende te 9200 Oudegem, Oudegemsebaan 199, wordt benoemd als bestuurder vanaf 21/06/2021."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.647.949",
"name_full": "APPELS\u002B",
"legal_form": "BV"
}
}24-06-2021 1 director appointed, 1 resigning
- Nadeem Abbas, Bestuurder
- Cheema Fakhar Zaman, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Cheema Fakhar Zaman",
"address": null,
"birth_date": null
},
"effective_date": "2021-05-31",
"evidence_quote": "Het ontslag als bestuurder vanaf 31/05/2021 van de heer Cheema Fakhar Zaman, wonende te 2100 Deurne, Ruggeveldlaan 650 B6, wordt goedgekeurd. Er wordt kwijting gegeven voor zijn beheer tot op heden.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nadeem Abbas",
"address": null,
"birth_date": null
},
"effective_date": "2021-05-31",
"evidence_quote": "De heer Nadeem Abbas, Rua Doutor Manual de Arriaga 2745-159 Queluz Portugal, verblijvende Oudegemse Baan 199, 9200 Dendermonde, wordt benoemd als bestuurder vanaf 31/05/2021"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.647.949",
"name_full": "APPELS\u002B",
"legal_form": "BV"
}
}01-02-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Zandstraat 67A, 9200 Dendermonde",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "CHEEMA Fakhar Zaman",
"niss": null,
"address": "2100 Antwerpen-Deurne, Ruggeveldlaan 650 bus 6"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 8000,
"holder_person_name": "CHEEMA Fakhar Zaman",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 8000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 8000,
"subject_company": {
"kbo": "0762.647.949",
"name_full": "APPELS\u002B",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-01-27",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | APPELS+ |