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APPMAX

Active Private limited companyfounded 2012active for 14 yearsMieënbroekstraat 35, 3600 GenkKBO/BCE: BE 0846.431.205

Lifetime

13 annual accounts with figures on one time axis
peak €590,969 (2025)
€504,074▼ 14.7%
lowest -€7,603 (2016)
€72,512▼ 55.6%
peak €511,566 (2026)
€511,566▲ 16.5%
€699,110▼ 1.0%
peak 9.3 FTE (2016)
7.7 FTE▲ 18.5%
Board1 name since 2016
1 directorGWOMI
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from €590,969 to €504,074Result from €163,484 to €72,512Staff from 6.5 FTE to 7.7 FTEEquity from €439,054 to €511,566Cash from €436,955 to €284,401

Key points

from the 2026 annual accounts

Equity

€511,566 ▲ 16.5%

APPMAX has made a profit without a break since 2017.

Result

€72,512 ▼ 55.6%
€163,0002025€72,5002026

The result fell in 2026 from €163,484 to €72,512.

Turnover

≈ €1.3m estimated

The accounts state no turnover.

Staff

8 employees on 31-03-2026
212022332023212024662026

In 2026, 6 people joined and 6 left.

Filings

13 annual accounts since 2014
deadline201520202025

Three of the last ten came late. The 2019 accounts came latest: 18 days after the end of the period.

Position in the sector

€504,074

Higher gross margin than 80% of companies in computer programming and consultancy. Sector median €77,195 · 141 companies.

Checked score

93
Excellent
Financially stronger than 42% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

67+4equity 42.3% of total assets
62-17short-term debt 37.6% · cash 23.5%
52-35return on assets 6.0%

Score breakdown

lowers risk
Liquidity: current ratio 2.53, cash €284,401
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €511,566 (42.3% of total assets)
Figures for financial year 2026 (filed on 30-10-2026)
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 37% of them on solvency, 45% on liquidity, 22% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as APPMAX has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of APPMAX itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for APPMAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.53 (2.28 in 2025), above the usual 1.5. Short-term debt is 37.6% and cash 23.5% of total assets. However, 57.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.53, cash €284,401
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €511,566 (42.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 30-10-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
1 day early
2025
1 day early
2024
on the day
2023
on the day
2022
3 days early
2021
3 days late
2020
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

G
Director, CLAES Gwen, since 04-04-2016
Board & ownership

Recent changes

Change of role: GWOMI, from manager and director to director Permanent representative: CLAES Gwen · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0846431205
Registered office moved within Genk New registered office: Mieënbroekstraat 35, 3600 Genk · Previous registered office: Thor Park 8300, 3600 Genk · Permanent representative: Claes Gwen · General meeting of 04-07-2019 · Gazette deed
Incorporation published on 11-06-2012 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
APPMAX Genk €1.2m €504,074 42.3% 7.7
INTERMODALICS Leuven €1.3m €447,291 54.3% 7.1
SAFOX Hasselt €1.1m €502,961 24.6% 5.3
TREE Mortsel €0.9m €553,734 71.8% 7
ENTICO Antwerp €1.3m €636,596 44.0% 9
We Solve It Willebroek €1.3m €500,153 14.7% 5.4
MicroTechniX Sint-Niklaas €1.5m €469,481 74.0% 5.2

These companies have the same main activity as APPMAX: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €940,000 and €1.5m, founded between 2010 and 2014.

Official details

Source: KBO
Status
Active since 07-06-2012Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment unit
2.210.097.2903600 Genk, since 07-06-2012
Financial year end
31 March
Peppol
Reachable since 31-08-2023
Company details

Annual accounts to 31-03-2026

€1.2m▲ 5.7%
Employeeson 31-03-2026
8=
Filing
Filed on 30-10-2026, 1 day before the end of the filing period
Financials

Insights on APPMAX

APPMAX files the abbreviated format. That format states no turnover. The gross margin rose from €57,359 in 2014 to €504,074 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about APPMAX

What is the company number of APPMAX?
The company number of APPMAX is 0846.431.205. The VAT number is the same number with BE in front: BE 0846.431.205.
Where is APPMAX based?
The registered office is at Mieënbroekstraat 35, 3600 Genk.Company details
What does APPMAX do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of APPMAX?
APPMAX is a private limited company (BV).
When was APPMAX founded?
APPMAX was founded on 07-06-2012.
Is APPMAX still active?
Yes, APPMAX is an active enterprise in the KBO register.
How many employees does APPMAX have?
APPMAX had an average of 7.7 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does APPMAX fall under?
In its 31-03-2026 annual accounts, APPMAX states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of APPMAX?
The turnover in financial year 2026 is ≈ €1.3m. This figure is estimated from the gross margin of €504,074 and 132 comparable companies (NACE 62200). It probably lies between €910,000 and €2.1m.
Is APPMAX profitable?
In financial year 2026, APPMAX made a profit of €72,512.
Where can I find the annual accounts of APPMAX?
APPMAX filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of APPMAX due?
APPMAX must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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