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Appsolute

Active
KBO/BCE: BE 1007.798.425
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Belgian State Gazette acts: 0 of 1 read
Age2 yrs
Real estate1 parcel · 668 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Appsolute is 0.6% (low). The 2024 annual accounts show equity of €34k and a net result of €31k. Its solvency ranks better than 31% of 7351 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 30-07-2025 1 d early 2025-00341793

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€31k
Working capital€28k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 45.6% 65.0%
better than 31% of 7351 sector peers
Net result €31k €32k
better than 50% of 7348 sector peers
Equity €34k €58k
better than 33% of 7353 sector peers
Gross operating margin €41k €52k
better than 40% of 7342 sector peers
Total assets €75k €103k
better than 36% of 7354 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€41k
Net profit€31k
Cash flow€32k
Staff costs-
Income taxes€8k
Dividends€833
Total assets€75k
Equity€34k
Debt€41k
of which ≤ 1y€41k
of which > 1y-
Working capital€28k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.69
Quick ratio1.69
Working capital ratio37.6%
Solvency45.6%
Debt / equity1.19
Long-term debt ratio-
Interest coverage785.22
Gross margin-
Net margin-
ROA41.4%
ROE90.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€75k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€6k
Current assets 29/58€69k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€40k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€75k
Equity 10/15€34k
Contributions / capital 10/11€4k
Reserves 13€30k
Amounts payable 17/49€41k
Amounts payable within one year 42/48€41k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€41k
Operating result 9901€40k
Financial income 75€16
Financial charges 65€52
Result before taxes 9903€40k
Income taxes 67/77€8k
Net result for the period 9904€31k
Result to be appropriated 9905€31k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
86 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Appsolute
Ieperweg 31, 8210 ZedelgemOntwerpen en programmeren van computerprogramma's
since 20242.357.827.894
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area668 m²
Buildings1
Building footprint161 m²
Volume (LiDAR)813 m³
Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31017B0039/00Y003 Flanders 668 m² 1 · 160 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health86Profitability100Solvency83Growth-Stability67
84 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 86
Profitability 100
Solvency 83
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 6,024 of the 29,923 companies in this sector. 5,340 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL Appsolute
Registered office
Ieperweg 31
8210 Zedelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.