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APR WORKS

Active
Private limited companyfounded 200125 yrs activeKerkhoflaan 35, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0474.516.773
Summary

APR WORKS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,025 and a net result of €15,075. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 86% of 2399 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Performing arts by independent artists
NACE 90201NACE 90011NACE 92311
#7 oldest company in Bilzen-Hoeselt, Arts, sports and recreation sector1 site
Size
€103,092total assets 2025
Equity
€90,025
Profit
€15,075
Turnover not published (abridged schema)
Financial health
71 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Structure
Accounts 52 d early0 of 4 deeds read
Why 71- 2 changes of registered office in 24 months+ Liquidity: current ratio 7.73, cash €37,999+ Sector Arts creation and performing arts activities (NACE 90)+ Equity €90,025 (87.3% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 79% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 87.3% of total assets
Liquidity 94+7
short-term debt 12.7% · cash 36.9%
Profitability 87+27
return on assets 14.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,411 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%▼ -1.6% vs 12-2024 02-2025: 0.2%▼ -2.2% vs 01-2025 03-2025: 0.2%▼ -0.6% vs 02-2025lowest value 04-2025: 0.5%▲ +193% vs 03-2025 05-2025: 0.5%▼ -5.7% vs 04-2025 06-2025: 0.5%▼ -0.4% vs 05-2025 07-2025: 0.5%▲ +10.1% vs 06-2025 08-2025: 0.2%▼ -57.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 1.1%▲ +385% vs 12-2025highest value 02-2026: 1.1%● 0.0% vs 01-2026highest value 03-2026: 1.1%▼ -0.2% vs 02-2026 04-2026: 1.1%▼ -2.8% vs 03-2026 05-2026: 1.1%▲ +1.4% vs 04-2026 06-2026: 1.1%▼ -0.4% vs 05-2026 07-2026: 0.8%▼ -30.6% vs 06-2026 08-2026: 0.8%● 0.0% vs 07-2026 09-2026: 0.8%● 0.0% vs 08-2026 10-2026: 0.8%● 0.0% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Liquidity: current ratio 7.73, cash €37,999 lowers the probability
  • Sector Arts creation and performing arts activities (NACE 90) lowers the probability
  • Equity €90,025 (87.3% of total assets) lowers the probability
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 7.73 against 6.72 in 2024; short-term debt: 12.7% and cash: 36.9% of total assets), and 12.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 88%, liquidity 85%, profitability 72%, growth against the median 70%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Liquidity: current ratio 7.73, cash €37,999
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Equity €90,025 (87.3% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €90,025
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
29 d early
2023
37 d late
2022
56 d early
2021
54 d early
2020
54 d early
2019
53 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

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. Usually files around 9 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €15,075
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 14% on solvencysector median 49.6% · 2,399 companies 87.3% View
  • Active since 2001founded 11-04-2001 25 years View
  • Total assets 20256 fiscal years filed €103,092 View

By topic

Financials

Fiscal year
2025
Total assets
€103,092
Profit
€15,075
Solvency
87.3%
Turnover▲ 89.6%
Net result
20182022
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 09-06-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 02-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Performing arts by independent artistsNACE 90201
Founded
11-04-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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