APPLE SELECT
ActiveSummary
The computed 12-month bankruptcy probability of APPLE SELECT is 1.6% (moderate). The 2025 annual accounts show equity of €2k and a net result of €52k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 1526 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-9
Solvency26▲+26
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
21.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1526 sector peers (2025).
NBB · sector comparisonPosition among 1526 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 5 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
420 d late
2022
31 d late
2021
23 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-50k
2021: €-9k
2022: €-11k▼ -19.0% vs 2021
2023: €-70k▼ -537% vs 2022lowest in 5 years
2024: €-50k▲ +28.5% vs 2023
2025: €2k▲ +103% vs 2024highest in 5 years
2021 → 2025
Total assets
€243k▲ 727%
2024 · €29k
2021: €7klowest in 5 years
2022: €43k▲ +522% vs 2021
2023: €36k▼ -17.7% vs 2022
2024: €29k▼ -17.9% vs 2023
2025: €243k▲ +727% vs 2024highest in 5 years
2021 → 2025
Net result
€52k▲ 159%
2024 · €20k
2021: €-29k
2022: €-2k▲ +94.0% vs 2021
2023: €-59k▼ -3263% vs 2022lowest in 5 years
2024: €20k▲ +134% vs 2023
2025: €52k▲ +159% vs 2024highest in 5 years
2021 → 2025
Working capital
€2k▲ 857%
2024 · €175
2021: €-9klowest in 5 years
2022: €39k▲ +525% vs 2021highest in 5 years
2023: €5k▼ -86.4% vs 2022
2024: €175▼ -96.7% vs 2023
2025: €2k▲ +857% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€-11k▼ 19.0%€-70k▼ 537%€-50k▲ 28.5%€2k
2021: €-9k
2022: €-11k▼ -19.0% vs 2021
2023: €-70k▼ -537% vs 2022lowest in 5 years
2024: €-50k▲ +28.5% vs 2023
2025: €2k▲ +103% vs 2024highest in 5 years
Operating result€-29k-€-2k▲ 94.2%€-59k▼ 3,382%€19k€52k▲ 167%
2021: €-29k
2022: €-2k▲ +94.2% vs 2021
2023: €-59k▼ -3382% vs 2022lowest in 5 years
2024: €19k▲ +133% vs 2023
2025: €52k▲ +167% vs 2024highest in 5 years
Net result€-29k-€-2k▲ 94.0%€-59k▼ 3,263%€20k€52k▲ 159%
2021: €-29k
2022: €-2k▲ +94.0% vs 2021
2023: €-59k▼ -3263% vs 2022lowest in 5 years
2024: €20k▲ +134% vs 2023
2025: €52k▲ +159% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 167% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €243k
Equity
€2k
Debt
€241k
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
Current ratio
1.01▲
2024 · 1.01
ROA
21.2%▼
2024 · 67.7%
Debt ≤ 1 year
€241k▲
2024 · €29k
A ratio outside any meaningful range has been withheld (balance sheet total €243k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29k€243k▲
Current assets29/58€29k€243k▲
Amounts receivable within one year40/41€3k€241k▲
Trade receivables40€0€241k▲
Other amounts receivable41€3k€147▼
Cash at bank and in hand54/58€18k€1k▼
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€29k€243k▲
Equity10/15€-50k€2k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-70k€-18k▲
Amounts payable17/49€79k€241k▲
Amounts payable after more than one year17€50k-
Financial debts170/4€50k-
Amounts payable within one year42/48€29k€241k▲
Trade debts44€29k€184k▲
Suppliers440/4€29k€184k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45-€31k
Taxes450/3-€31k
Other amounts payable47/48-€26k
Income statement
Code20242025
Other operating charges640/8€387€750▲
Gross operating margin9900€20k€52k▲
Operating profit (loss)9901€19k€52k▲
Financial income75/76B€589-
Recurring financial income75€589-
Financial charges65/66B€71€73▲
Recurring financial charges65€71€73▲
Profit (loss) for the period before taxes9903€20k€52k▲
Profit (loss) for the period9904€20k€52k▲
Profit (loss) for the period to be appropriated9905€20k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-18k▲
Profit (loss) brought forward from the previous period14P€-90k€-70k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €280 | €0 | €384 | €387 | €750 | ▲ 93.6% |
| Gross operating margin9900 | €-29k | €-2k | €-58k | €20k | €52k | ▲ 165% |
| Operating profit (loss)9901 | €-29k | €-2k | €-59k | €19k | €52k | ▲ 167% |
| Financial income75/76B | - | - | - | €589 | - | - |
| Recurring financial income75 | - | - | - | €589 | - | - |
| Financial charges65/66B | €57 | €62 | €67 | €71 | €73 | ▲ 2.1% |
| Recurring financial charges65 | €57 | €62 | €67 | €71 | €73 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €-29k | €-2k | €-59k | €20k | €52k | ▲ 159% |
| Profit (loss) for the period9904 | €-29k | €-2k | €-59k | €20k | €52k | ▲ 159% |
| Profit (loss) for the period to be appropriated9905 | €-29k | €-2k | €-59k | €20k | €52k | ▲ 159% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7k | €43k | €36k | €29k | €243k | ▲ 727% |
| Current assets29/58 | €7k | €43k | €36k | €29k | €243k | ▲ 727% |
| Amounts receivable within one year40/41 | €2k | €41k | €12k | €3k | €241k | ▲ 8,458% |
| Trade receivables40 | - | €40k | €11k | €0 | €241k | - |
| Other amounts receivable41 | €2k | €1k | €1k | €3k | €147 | ▼ 94.8% |
| Cash at bank and in hand54/58 | €5k | €2k | €24k | €18k | €1k | ▼ 92.0% |
| Deferred charges and accrued income490/1 | - | - | - | €8k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7k | €43k | €36k | €29k | €243k | ▲ 727% |
| Equity10/15 | €-9k | €-11k | €-70k | €-50k | €2k | ▲ 103% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €-29k | €-31k | €-90k | €-70k | €-18k | ▲ 73.8% |
| Amounts payable17/49 | €16k | €54k | €105k | €79k | €241k | ▲ 205% |
| Amounts payable after more than one year17 | - | €50k | €75k | €50k | - | - |
| Financial debts170/4 | - | €50k | €75k | €50k | - | - |
| Amounts payable within one year42/48 | €16k | €4k | €30k | €29k | €241k | ▲ 726% |
| Trade debts44 | €16k | €4k | €30k | €29k | €184k | ▲ 529% |
| Suppliers440/4 | €16k | €4k | €30k | €29k | €184k | ▲ 529% |
| Advances received on contracts in progress46 | - | - | €203 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €31k | - |
| Taxes450/3 | - | - | - | - | €31k | - |
| Other amounts payable47/48 | - | - | - | - | €26k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-29k | €-2k | €-59k | €20k | €52k | ▲ 159% |
| Operating cash flow (approximation) | €-29k | €-2k | €-59k | €20k | €52k | ▲ 159% |
| Change in cash | - | €-3k | €21k | €-6k | €-17k | ▼ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2021net €52k ▲159%
Operating result €52k, net result €52k, both a record.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 420 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 23current ratio 9.88
Current ratio from 0.43 to 9.88; short-term debt falls from €16k to €4k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 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, Sint-Truiden · 1 establishment unit since 2020
Ground area
1.4 ha
Building footprint
1.3 ha
Volume, LiDAR
111,371 m³
Parcel 71352D0914/00T004, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
APPLE SELECT
since 20202.310.974.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0914/00T004 | Flanders | 1.4 ha | 1 · 1.3 ha | 11.6 m · 3 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.
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Of 421 companies in sector 77400 we hold annual accounts for 152. 24 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
77400Rental and leasing activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.