3 directorsName hiddenVisible after signing in and 2 others
Documentsfilings and deeds
10-04-2026112 days before the deadline
2025micro format
Back to profit: €16,218Resignation: Hidden nameVisible after signing in (director)16-10Company renamed from CASHIN to Appro Projects22-05Resignation: Name hiddenVisible after signing in (director)10-03Equity from -€13,252 to €2,967Debts from €13,929 to €62,864
Less equity than 83% of companies in employment activities. Sector median €55,985 · 981 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Appro Projects has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Micro
5 to 10 years old
solvency under 10%
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,448 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 2,153 companies, not a prediction for Appro Projects. 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.
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Resignation: Hidden nameVisible after signing in (director)
Appointment: Name after signing inVisible after signing in (director) · Director discharge: Name hiddenVisible after signing in · Gazette deed
Company renamed from CASHIN to Appro Projects
“Het exploiteren van een bureau voor private arbeidsbemiddeling (werving,selectie,executive search en…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0765321981
Resignation: Hidden nameVisible after signing in (director)
Appointment: Name after signing inVisible after signing in (director) · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Appro Projects: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €55,900 and €83,200, founded between 2020 and 2022.
Official details
Source: KBO
Status
Active since 17-03-2021Normal situation
Registered office
18 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Appro Projects has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,967 and a net result of €16,218.
Its solvency ranks better than 17% of 981 sector peers (NACE 78, financial year 2025).
micro format, filed on 10-04-2026, 112 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €67,000 and €200,000.
Balance sheet
balance sheet total €65,830 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
7,647
-
13,774
-
-4,680
-13,252
4.5%
-
0.93
-
21.19
-
546.7%
-
24.6%
-
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Financial fixed assets
€7,647
-
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Appro Projects
The operating result for 2025 is a profit of €22,331, after a loss of €518 in 2024.
Debt's share of the balance-sheet total is 95.5%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
3 directors, no change since 2025
Hidden nameVisible after signing in
Director
appointed by deed of 19-03-2021term for the life of the company
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
5 names, the dashed line is today
20212022202320242025202620272028
Hidden nameVisible after signing in Director
Name after signing inVisible after signing in Director
Name hiddenVisible after signing in Director
Hidden nameVisible after signing in Director
Name after signing inVisible after signing in Director
BoardEarliermandate already running before its first mention
Mandates as a list
Name hiddenVisible after signing in
Director, appointed by deed of 19-03-2021, still in office
Hidden nameVisible after signing in
Director, appointed by deed of 10-03-2025, still in office
Name after signing inVisible after signing in
Director, appointed by deed of 16-10-2025, still in office
Appro Projects has no parent and no holdings in its annual accounts. Appro Projects shares no director with another company.
Timeline
Timeline
10 events since 2021
Board
Filings
Financial
Establishments
Address
Other
202220242026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedPDFmicro format · 112 days before the deadline
2025
Back to profitnet €16,218 The net result is €16,218, after one loss-making year.
Resignation: Name hiddenVisible after signing in (director)Appointment: Hidden nameVisible after signing in (director) · Director discharge: Name after signing inVisible after signing in3 points ▸
Director resignation, Name hiddenVisible after signing in
Director appointment, Hidden nameVisible after signing in
Director discharge, Name after signing inVisible after signing in
Company renamed from CASHIN to Appro Projects“Het exploiteren van een bureau voor private arbeidsbemiddeling (werving,selectie,executive search en…” (deed in Dutch)2 points ▸
Name change, Appro Projects
Purpose change, “Het exploiteren van een bureau voor private arbeidsbemiddeling (werving,selectie,executive search en headhunting),uitzendactiviteiten; Het aan- en verkopen…” (deed in Dutch)
Registered office moved within KalmthoutNew registered office: Kapellensteenweg 467 te 2920 Kalmthout · Previous registered office: KERKENDIJK 1 TE 2920 KALMTHOUT1 point ▸
Registered-office move, Kapellensteenweg 467 te 2920 Kalmthout
IncorporationFounding capital of €5,000, 100 shares · Founder: Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 19-03-20215 points ▸
Founder, Name hiddenVisible after signing in
Power of attorney, Hidden nameVisible after signing in
Founding capital, €5,000, 100 shares, mentioned twice in the deed
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 17 March 2021, Appro Projects was incorporated as a private limited company by Name hiddenVisible after signing in, with a starting capital of €5,000.12In 2022 the registered office moved to Kalmthout.3The name was changed to Appro Projects in 2025.4Today the board has 3 members.5
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en…”
9 activities
Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen;
Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen;het management en het bestuur van om het even welke ondernemingen en vennootschappen;het optreden als vereffenaar;
Het verlenen van technische,administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen;het verlenen van financiële bijstand;
Haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden;alle onroerende verrichtingen,inclusief onroerende leasing;
De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen – desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden – zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware;
Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke.
Alle activiteiten aangaande debiteurenbeheer,incasso,minnelijke en gerechtelijke invordering voor derden;
Het verlenen van diensten,prestaties,bijstand en advies aan derden van juridische,administratieve,organisatorische,sociale,informatieve,financiële,technische en commerciële aard,evenals het vervullen in naam en voor rekening van derden,van de verplichtingen en formaliteiten ter uitvoering ervan,dit in de ruimste zin;
Dienstverlening met betrekking tot bedrijfsbeleid,financieel beleid,management,consultancy en alles wat daarmee rechtstreeks en onrechtstreeks verband houdt.