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APPEN 1

Active
Public limited companyfounded 199036 yrs activeLeuvensesteenweg 533, 1930 Zaventem, BelgiumKBO/BCE: BE 0441.777.491
Summary

The computed 12-month bankruptcy probability of APPEN 1 is 2.5% (moderate). The 2024 annual accounts show negative equity (-€343,643) and a net result of -€85. Equity remains stable across the filed fiscal years (±0.5% per year). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€343,643
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-05-2025, 76 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
76 d early
2023
31 d late
2022
31 d late
2021
31 d late
2020
12 d late
2019
54 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 August 1990, APPEN 1 was incorporated.1 Total assets went from EUR 81,577 in 2018 to EUR 30,839 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2024, abbreviated schema

Equity
-€343,643=
2023 · -€343,558
Total assets
€30,839▼ 61.9%
2020 · €80,883
Net result
-€85▼ 0.4%
2023 · -€85
Working capital
-€340,153▼ 1.0%
2020 · -€336,740
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€411▲ 2.2%-€430▼ 4.8%-€85-€85▼ 0.4%
Net result-€883▲ 84.2%-€3,416▼ 287%-€1,244▲ 63.6%-€85▲ 93.2%-€85▼ 0.4%
Equity-€338,813▼ 0.3%-€342,229▼ 1.0%-€343,473▼ 0.4%-€343,558=-€343,643=
Total assets€80,883▲ 1.9%€30,839▼ 61.9%
Debt€419,696▲ 0.6%€373,067▼ 11.1%€343,473▼ 7.9%€343,558=€343,643=
Working capital-€336,740▼ 0.5%-€340,153▼ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2020: -€411-€411Net result 2020: -€883-€883Operating result 2021: -€430-€430Net result 2021: -€3,416-€3,416Net result 2022: -€1,244-€1,244Operating result 2023: -€85-€85Net result 2023: -€85-€85Operating result 2024: -€85-€85Net result 2024: -€85-€8520202021202220232024-€1,500-€1,000-€500€0Net result 2022: -€1,244-€1,240Operating result 2023: -€85-€85Net result 2023: -€85-€85Operating result 2024: -€85-€85Net result 2024: -€85-€85202220232024
The operating result stays negative: a loss of €85 in 2024 against €85 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Debt to equity
-1.00=
2023 · -1.00
Debt ≤ 1 year
€341,482=
2023 · €341,482
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 16 lines
Balance sheet Code20232024
Equity and liabilities
Equity10/15-€343,558-€343,643=
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Profit (loss) carried forward14-€374,545-€374,630=
Amounts payable17/49€343,558€343,643=
Amounts payable within one year42/48€341,482€341,482=
Other amounts payable47/48€341,482€341,482=
Accrued charges and deferred income492/3€2,076€2,161▲
Income statement Code20232024
Gross operating margin9900-€85-€85▼
Operating profit (loss)9901-€85-€85▼
Profit (loss) for the period before taxes9903-€85-€85▼
Profit (loss) for the period9904-€85-€85▼
Profit (loss) for the period to be appropriated9905-€85-€85▼
Appropriation of the result
Profit (loss) to be appropriated9906-€374,545-€374,630=
Profit (loss) brought forward from the previous period14P-€374,460-€374,545=
Line20202021202220232024Change
Other operating charges640/8-€355----
Gross operating margin9900-€341-€76--€85-€85▼ 0.4%
Operating profit (loss)9901-€411-€430--€85-€85▼ 0.4%
Recurring financial income75€2,778-----
Financial charges65/66B-€2,985€1,244---
Recurring financial charges65€3,251€2,985€1,244---
Profit (loss) for the period before taxes9903-€883-€3,416-€1,244-€85-€85▼ 0.4%
Profit (loss) for the period9904-€883-€3,416-€1,244-€85-€85▼ 0.4%
Profit (loss) for the period to be appropriated9905-€883-€3,416-€1,244-€85-€85▼ 0.4%
Line20202021202220232024Change
Assets
Total assets20/58€80,883€30,839----
Current assets29/58€80,883€30,839----
Amounts receivable within one year40/41-€30,839----
Trade receivables40-€30,839----
Cash at bank and in hand54/58€80,883-----
Equity and liabilities
Total equity and liabilities10/49€80,883€30,839----
Equity10/15-€338,813-€342,229-€343,473-€343,558-€343,643=
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Capital10-€30,987€30,987€30,987€30,987=
Issued capital100-€30,987€30,987€30,987€30,987=
Profit (loss) carried forward14-€369,800-€373,215-€374,460-€374,545-€374,630=
Amounts payable17/49€419,696€373,067€343,473€343,558€343,643=
Amounts payable within one year42/48€417,623€370,992€341,397€341,482€341,482=
Other amounts payable47/48-€370,992€341,397€341,482€341,482=
Accrued charges and deferred income492/3-€2,076€2,076€2,076€2,161▲ 4.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€883-€3,416-€1,244-€85-€85▼ 0.4%
Operating cash flow (approximation)-€883-€3,416-€1,244-€85-€85▼ 0.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
23-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
31-12
Financial Weakest financial yearnet -€5,606
Net result drops to -€5,606, the lowest in the series; recovery starts the following year.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 151 days late
29-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 516 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
2,672 m²
Building footprint
443 m²
Volume, LiDAR
2,857 m³
Parcel 23772C0263/00A000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
24 companies at this address See who is registered here
1 establishment unit
Leuvensesteenweg 533, 1930 Zaventem
NACE 70201
since 19952.050.581.780
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23772C0263/00A000 Flanders 2,672 m² 1 · 443 m² 7.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded24-08-1990
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.