APPLEJACK
ActiveSummary
APPLEJACK has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €3k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+30
Solvency66▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.63 in 2024; short-term debt: 56.5% and cash: 0.1% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
41.3%
Return on assets
0.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
57 d late
2023
118 d late
2022
92 d late
2021
194 d late
2020
27 d late
2019
28 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
€177k▲ 1.8%
2024 · €173k
2018: €111k
2019: €102k▼ -7.5% vs 2018lowest in 8 years
2020: €126k▲ +23.3% vs 2019
2021: €140k▲ +10.9% vs 2020
2022: €160k▲ +14.4% vs 2021
2023: €180k▲ +12.7% vs 2022highest in 8 years
2024: €173k▼ -3.9% vs 2023
2025: €177k▲ +1.8% vs 2024
2018 → 2025
Total assets
€428k▲ 5.0%
2024 · €408k
2018: €425k
2019: €320k▼ -24.7% vs 2018lowest in 8 years
2020: €347k▲ +8.3% vs 2019
2021: €349k▲ +0.7% vs 2020
2022: €392k▲ +12.3% vs 2021
2023: €420k▲ +7.1% vs 2022
2024: €408k▼ -3.0% vs 2023
2025: €428k▲ +5.0% vs 2024highest in 8 years
2018 → 2025
Net result
€3k
2024 · €-7k
2018: €21k
2019: €-8k▼ -139% vs 2018lowest in 8 years
2020: €24k▲ +386% vs 2019highest in 8 years
2021: €14k▼ -42.2% vs 2020
2022: €20k▲ +46.5% vs 2021
2023: €20k▲ +0.6% vs 2022
2024: €-7k▼ -134% vs 2023
2025: €3k▲ +141% vs 2024
2018 → 2025
Working capital
€-88k▼ 1.8%
2024 · €-86k
2018: €-254klowest in 8 years
2019: €-148k▲ +41.8% vs 2018
2020: €-124k▲ +16.1% vs 2019
2021: €-115k▲ +7.5% vs 2020
2022: €-94k▲ +18.1% vs 2021
2023: €-77k▲ +17.8% vs 2022highest in 8 years
2024: €-86k▼ -11.5% vs 2023
2025: €-88k▼ -1.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€140k-€160k▲ 14.4%€180k▲ 12.7%€173k▼ 3.9%€177k▲ 1.8%
2021: €140klowest in 5 years
2022: €160k▲ +14.4% vs 2021
2023: €180k▲ +12.7% vs 2022highest in 5 years
2024: €173k▼ -3.9% vs 2023
2025: €177k▲ +1.8% vs 2024
Operating result€18k-€27k▲ 46.3%€23k▼ 13.7%€8k▼ 67.4%€19k▲ 155%
2021: €18k
2022: €27k▲ +46.3% vs 2021highest in 5 years
2023: €23k▼ -13.7% vs 2022
2024: €8k▼ -67.4% vs 2023lowest in 5 years
2025: €19k▲ +155% vs 2024
Net result€14k-€20k▲ 46.5%€20k▲ 0.6%€-7k€3k
2021: €14k
2022: €20k▲ +46.5% vs 2021
2023: €20k▲ +0.6% vs 2022highest in 5 years
2024: €-7k▼ -134% vs 2023lowest in 5 years
2025: €3k▲ +141% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 155% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €428k
Fixed assets
€274k ▲ 5.4%
Current assets
€154k ▲ 4.1%
Equity and liabilities €428k
Equity
€177k ▲ 1.8%
Debt
€251k ▲ 7.3%
Debt's share of the balance-sheet total rises from 57.5% to 58.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €9k
Cash flow
€6k▲
2024 · €-6k
Current ratio
0.64▲
2024 · 0.63
Quick ratio
0.63▲
2024 · 0.59
Debt to equity
1.42▲
2024 · 1.35
ROE
1.6%▲
2024 · -4.0%
ROA
0.7%▲
2024 · -1.7%
Interest coverage
4.49▲
2024 · 1.22
Debt ≤ 1 year
€242k▲
2024 · €234k
Debt > 1 year
€9k
Income taxes
€18k▲
2024 · €11k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€408k€428k▲
Fixed assets21/28€260k€274k▲
Intangible fixed assets21€3k€7k▲
Tangible fixed assets22/27€3k€13k▲
Plant, machinery and equipment23€30€0▼
Furniture and vehicles24€3k€13k▲
Financial fixed assets28€253k€253k=
Current assets29/58€148k€154k▲
Stocks and contracts in progress3€10k€3k▼
Stocks30/36€10k€3k▼
Amounts receivable within one year40/41€138k€151k▲
Trade receivables40€26k€7k▼
Other amounts receivable41€112k€144k▲
Cash at bank and in hand54/58€0€605▲
Equity and liabilities
Total equity and liabilities10/49€408k€428k▲
Equity10/15€173k€177k▲
Contributions10/11€12k€12k=
Reserves13€161k€164k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€159k€162k▲
Profit (loss) carried forward14€419€563▲
Amounts payable17/49€234k€251k▲
Amounts payable after more than one year17-€9k
Financial debts170/4-€9k
Amounts payable within one year42/48€234k€242k▲
Current portion of amounts payable after more than one year42-€8k
Financial debts43€3k€25k▲
Credit institutions430/8€3k€25k▲
Trade debts44€38k€22k▼
Suppliers440/4€38k€22k▼
Taxes, remuneration and social security45€23k€16k▼
Taxes450/3€23k€16k▼
Other amounts payable47/48€171k€171k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€6k€4k▼
Gross operating margin9900€15k€26k▲
Operating profit (loss)9901€8k€19k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€4k€21k▲
Income taxes67/77€11k€18k▲
Profit (loss) for the period9904€-7k€3k▲
Profit (loss) for the period to be appropriated9905€-7k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€3k▼
Profit (loss) brought forward from the previous period14P€20k€563▼
Transfer to equity691/2€13k€3k▼
To other reserves6921€13k€3k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (14 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €625 | €618 | €641 | €1k | €3k | ▲ 186% |
| Other operating charges640/8 | €6k | €11k | €8k | €6k | €4k | ▼ 33.1% |
| Gross operating margin9900 | €25k | €38k | €32k | €15k | €26k | ▲ 81.2% |
| Operating profit (loss)9901 | €18k | €27k | €23k | €8k | €19k | ▲ 155% |
| Financial income75/76B | €4k | €5k | €0 | €3k | €7k | ▲ 106% |
| Recurring financial income75 | €4k | €5k | €0 | €3k | €7k | ▲ 106% |
| Financial charges65/66B | €1k | €1k | €692 | €7k | €5k | ▼ 29.4% |
| Recurring financial charges65 | €1k | €1k | €692 | €7k | €5k | ▼ 29.4% |
| Profit (loss) for the period before taxes9903 | €21k | €31k | €23k | €4k | €21k | ▲ 452% |
| Income taxes67/77 | €7k | €11k | €2k | €11k | €18k | ▲ 69.5% |
| Profit (loss) for the period9904 | €14k | €20k | €20k | €-7k | €3k | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €14k | €20k | €20k | €-7k | €3k | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €349k | €392k | €420k | €408k | €428k | ▲ 5.0% |
| Fixed assets21/28 | €255k | €254k | €258k | €260k | €274k | ▲ 5.4% |
| Intangible fixed assets21 | - | - | €4k | €3k | €7k | ▲ 119% |
| Tangible fixed assets22/27 | €1k | €812 | €194 | €3k | €13k | ▲ 341% |
| Plant, machinery and equipment23 | €1k | €812 | €194 | €30 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €3k | €13k | ▲ 345% |
| Financial fixed assets28 | €253k | €253k | €253k | €253k | €253k | = |
| Current assets29/58 | €95k | €138k | €162k | €148k | €154k | ▲ 4.1% |
| Stocks and contracts in progress3 | - | - | - | €10k | €3k | ▼ 75.0% |
| Stocks30/36 | - | - | - | €10k | €3k | ▼ 75.0% |
| Amounts receivable within one year40/41 | €93k | €130k | €162k | €138k | €151k | ▲ 9.4% |
| Trade receivables40 | €20k | €52k | €57k | €26k | €7k | ▼ 74.4% |
| Other amounts receivable41 | €73k | €78k | €105k | €112k | €144k | ▲ 29.0% |
| Cash at bank and in hand54/58 | €2k | €8k | €366 | €0 | €605 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €349k | €392k | €420k | €408k | €428k | ▲ 5.0% |
| Equity10/15 | €140k | €160k | €180k | €173k | €177k | ▲ 1.8% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €127k | €148k | €168k | €161k | €164k | ▲ 1.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €125k | €146k | €166k | €159k | €162k | ▲ 1.9% |
| Profit (loss) carried forward14 | - | - | - | €419 | €563 | ▲ 34.3% |
| Amounts payable17/49 | €209k | €232k | €240k | €234k | €251k | ▲ 7.3% |
| Amounts payable after more than one year17 | - | - | - | - | €9k | - |
| Financial debts170/4 | - | - | - | - | €9k | - |
| Amounts payable within one year42/48 | €209k | €232k | €240k | €234k | €242k | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8k | - |
| Financial debts43 | - | - | - | €3k | €25k | ▲ 691% |
| Credit institutions430/8 | - | - | - | €3k | €25k | ▲ 691% |
| Trade debts44 | €7k | €18k | €17k | €38k | €22k | ▼ 42.6% |
| Suppliers440/4 | €7k | €18k | €17k | €38k | €22k | ▼ 42.6% |
| Taxes, remuneration and social security45 | €31k | €44k | €53k | €23k | €16k | ▼ 28.3% |
| Taxes450/3 | €31k | €35k | €53k | €23k | €16k | ▼ 28.3% |
| Remuneration and social security454/9 | - | €10k | €0 | - | - | - |
| Other amounts payable47/48 | €172k | €171k | €171k | €171k | €171k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €20k | €20k | €-7k | €3k | ▲ 141% |
| + Depreciation and write-downs630 | €625 | €618 | €641 | €1k | €3k | ▲ 186% |
| Operating cash flow (approximation) | €14k | €21k | €21k | €-6k | €6k | ▲ 200% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €-3k | €-17k | ▼ 471% |
| Change in cash | - | €7k | €-8k | €-366 | €605 | ▲ 265% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 194 days late
2022
31-12
Financial
Equity above €150kEq €160k ▲14.4%
3 profitable years in a row build equity to €160k.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Roeselare · 1 establishment unit since 2013
Ground area
4,246 m²
Building footprint
150 m²
Volume, LiDAR
1,266 m³
Parcel 36505A0185/00Y000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Applejack
since 20132.218.389.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505A0185/00Y000 | Flanders | 4,246 m² | 1 · 150 m² | 9.9 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,637 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
Founded15-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.