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Appro Projects

Active Private limited companyfounded 2021active for 5 yearsKapellensteenweg 467, 2920 KalmthoutKBO/BCE: BE 0765.321.981

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €27,708 (2025)
€27,708 
lowest -€569 (2024)
€16,218▲ €16,788
peak €2,967 (2025)
€2,967▲ €16,218
€62,864▲ 351%
Board5 names since 2021
3 directors and 2 others
Documentsfilings and deeds
10-04-2026112 days before the deadline
2025micro format
Back to profit: €16,218Resignation: (director) 16-10Company renamed from CASHIN to Appro Projects 22-05Resignation: (director) 10-03Equity from -€13,252 to €2,967Debts from €13,929 to €62,864

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€62,864 95% of the balance sheet
Suppliers 54%Taxes and wages 24%Other 22%

Position in the sector

€2,967

Less equity than 83% of companies in employment activities. Sector median €55,985 · 981 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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.

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

Board and ownership

Director
Director
Director
  • 100 sharesdeed of 19-03-2021
Board & ownership

Recent changes

Resignation: (director) Appointment: (director) · Director discharge: · 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: (director) Appointment: (director) · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Appro Projects Kalmthout €65,830 €27,708 4.5% -
LAVA Solutions Kapellen €66,775 €25,511 76.6% -
Eyital Consulting Sint-Genesius-Rode €74,215 €32,247 22.6% -
RW CONSULTANCY & HR Balen €83,220 €24,923 71.1% -
Lunar Antwerp €55,909 €19,244 30.8% -
Fish Mountain Management Consulting Kapellen €56,584 €46,990 44.4% -
BLOOM.HR Kapellen €71,024 €46,395 45.4% -

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.
Activity
Employment placement agenciesNACE 78100
Establishment unit
2.319.008.6922920 Kalmthout, since 17-03-2021
Financial year end
31 December
Peppol
Reachable since 20-05-2025
Company details

Annual accounts 2025

€27,708
€16,218
€2,967
€65,830▲ 97×
Filing
Filed on 10-04-2026, 112 days before the end of the filing period
Financials

Insights on Appro Projects

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).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 10-04-2026, 112 days before the deadline
€27,708
€22,331
▲ €22,849
€16,218
▲ €16,788
-€4,680
▲ €8,571
4.5%
0.93

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

4.5%

Higher than 17% of 981 companies in 2025.

0.93

Higher than 19% of 947 companies in 2025.

24.6%

Higher than 69% of 950 companies in 2025.

Appro Projects Middle half of the sector 80% of the sector Micro accounts in employment activities (NACE 78)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 65,830677
21/28 7,647-
28 7,647-
29/58 58,183677
40/41 43,732-
40 7,347-
41 36,385-
54/58 14,451677
Balance sheet: equity and liabilities
10/49 65,830677
10/15 2,967-13,252
10/11 5,0005,000
11 5,0005,000
1109/19 5,0005,000
14 -2,033-18,252
17/49 62,86413,929
42/48 62,86413,929
44 33,693-
440/4 33,693-
45 15,281-
450/3 15,281-
47/48 13,89013,929
Income statement
9900 27,708-
640/8 1,725518
66A 3,652-
9901 22,331-518
75/76B 0-
75 0-
65/66B 16351
65 16351
9903 22,168-569
67/77 5,950-
9904 16,218-569
9905 16,218-569
Appropriation of the result
9906 -2,033-18,252
14P -18,252-17,682
Document PDFPDF

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).

Source: Annual accounts 2025 (PDF), filed on 10-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-04-2026 2026-00076869 PDF
31-12-2024 micro format 10-04-2025 2025-00067631 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
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
Item20252024
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

3 directors, no change since 2025
Director
appointed by deed of 19-03-2021 term for the life of the company
Director
appointed by deed of 10-03-2025
Director
appointed by deed of 16-10-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“11. Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”
deed of 19-03-2021

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today

Director

Director

Director

Director

Director
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director, appointed by deed of 19-03-2021, still in office
    • Director, appointed by deed of 10-03-2025, still in office
    • Director, appointed by deed of 16-10-2025, still in office
    • Director, until 01-10-2025
    • Director, until 01-12-2024

See the board, name and registered office on a given date →

Control

Founder
This company
Appro Projects
Equity €2,967
Profit €16,218 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€29.67 in 2025
Source
deed of 19-03-2021

Articles of association

deed of 19-03-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 14:00

Shareholders

At incorporation deed of 19-03-2021 ↗
  • 100 shares (100%) · €5,000 in cash

Capital transactions

Capital over time
  1. 19-03-2021 Incorporation · €5,000 · 100 shares
  2. 19-03-2021 Incorporation · €5,000 · 100 shares

Network & group

No group

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

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 112 days before the deadline
2025
Back to profit net €16,218 The net result is €16,218, after one loss-making year.
Resignation: (director)Appointment: (director) · Director discharge: 3 points ▸
  • Director resignation,
  • Director appointment,
  • Director discharge,

Open the deed in the Belgian Official Gazette

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)
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0765321981
Annual accounts 2024 filed PDFmicro format · 112 days before the deadline
Resignation: (director)Appointment: (director)2 points ▸
  • Director resignation,
  • Director appointment,

Open the deed in the Belgian Official Gazette

2022
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

Open the deed in the Belgian Official Gazette

2021
IncorporationFounding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 19-03-20215 points ▸
  • Founder,
  • Power of attorney,
  • Founding capital, €5,000, 100 shares, mentioned twice in the deed
  • Registered office clause, Kerkendijk 1, 2920 Kalmthout
  • Director appointment,

Open the deed in the Belgian Official Gazette

First establishment Nova Projects, Kapellensteenweg 467, Kalmthout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 17 March 2021, Appro Projects was incorporated as a private limited company by , with a starting capital of €5,000.12 In 2022 the registered office moved to Kalmthout.3 The name was changed to Appro Projects in 2025.4 Today the board has 3 members.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-03-2021
  3. 3Belgian Official Gazette, 15-02-2022
  4. 4Belgian Official Gazette, 22-05-2025
  5. 5Belgian Official Gazette, 16-10-2025

Company details

Identity

Enterprise number
0765.321.981
VAT number
BE 0765.321.981
Peppol ID
0208:0765321981
Other Peppol ID
9925:BE0765321981
Legal form
Private limited company
Status
Active, normal situation
Founded
17-03-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 14:00
deed of 19-03-2021 (in Dutch)
Peppol
Reachable since 20-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Appro Projects in Dutch
Former name
CASHIN until the deed of 22-05-2025
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-03-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 19-03-2021 (in Dutch)

Activities

NACEBEL 2025
78100 Employment placement agencies main activity
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
  1. Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen;
  2. 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;
  3. Het verlenen van technische,administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen;het verlenen van financiële bijstand;
  4. 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;
  5. 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;
  6. Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke.
  7. Alle activiteiten aangaande debiteurenbeheer,incasso,minnelijke en gerechtelijke invordering voor derden;
  8. 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;
  9. Dienstverlening met betrekking tot bedrijfsbeleid,financieel beleid,management,consultancy en alles wat daarmee rechtstreeks en onrechtstreeks verband houdt.
deed of 19-03-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Nova Projects registered office Kapellensteenweg 467, 2920 Kalmthout 82910 Office administrative, office support and other business support activities 17-03-2021 2.319.008.692

Buildings and parcels at the address

Ground area
1,372 m²
Buildings
194 m²
Volume, LiDAR
1,702 m³
Tallest building
19.5 m
Buildings to scale, each on its own parcel
194 m², 19.5 m 194 m², 19.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11662E0590/00R0321,372 m² 1 · 194 m² 19.5 m · 3