APROJECT
ActiveSummary
APROJECT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €9k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-11
Solvency100▲+15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.42 against 1.87 in 2023; short-term debt: 12.2% and cash: 45.4% of total assets), and 12.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
36 d early
2022
3 d early
2021
26 d late
2020
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€157k▲ 6.2%
2023 · €147k
2020: €40klowest in 5 years
2021: €92k▲ +127% vs 2020
2022: €173k▲ +89.0% vs 2021highest in 5 years
2023: €147k▼ -15.0% vs 2022
2024: €157k▲ +6.2% vs 2023
2020 → 2024
Total assets
€178k▼ 27.9%
2023 · €247k
2020: €66klowest in 5 years
2021: €137k▲ +109% vs 2020
2022: €267k▲ +94.5% vs 2021highest in 5 years
2023: €247k▼ -7.3% vs 2022
2024: €178k▼ -27.9% vs 2023
2020 → 2024
Net result
€9k▼ 72.9%
2023 · €34k
2020: €30k
2021: €51k▲ +69.3% vs 2020
2022: €82k▲ +58.9% vs 2021highest in 5 years
2023: €34k▼ -58.4% vs 2022
2024: €9k▼ -72.9% vs 2023lowest in 5 years
2020 → 2024
Working capital
€118k▲ 36.6%
2023 · €86k
2020: €18klowest in 5 years
2021: €53k▲ +189% vs 2020
2022: €97k▲ +83.9% vs 2021
2023: €86k▼ -11.2% vs 2022
2024: €118k▲ +36.6% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€92k▲ 127%€173k▲ 89.0%€147k▼ 15.0%€157k▲ 6.2%
2020: €40klowest in 5 years
2021: €92k▲ +127% vs 2020
2022: €173k▲ +89.0% vs 2021highest in 5 years
2023: €147k▼ -15.0% vs 2022
2024: €157k▲ +6.2% vs 2023
Operating result€41k-€70k▲ 69.4%€101k▲ 44.5%€43k▼ 57.0%€13k▼ 70.7%
2020: €41k
2021: €70k▲ +69.4% vs 2020
2022: €101k▲ +44.5% vs 2021highest in 5 years
2023: €43k▼ -57.0% vs 2022
2024: €13k▼ -70.7% vs 2023lowest in 5 years
Net result€30k-€51k▲ 69.3%€82k▲ 58.9%€34k▼ 58.4%€9k▼ 72.9%
2020: €30k
2021: €51k▲ +69.3% vs 2020
2022: €82k▲ +58.9% vs 2021highest in 5 years
2023: €34k▼ -58.4% vs 2022
2024: €9k▼ -72.9% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 71% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178k
Fixed assets
€39k ▼ 36.8%
Current assets
€140k ▼ 24.9%
Equity and liabilities €178k
Equity
€157k ▲ 6.2%
Debt
€22k ▼ 78.2%
Debt's share of the balance-sheet total falls from 40.4% to 12.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2023 · €58k
Cash flow
€16k▼
2023 · €49k
Current ratio
6.42▲
2023 · 1.87
Debt to equity
0.14▼
2023 · 0.68
ROE
5.9%▼
2023 · 23.1%
ROA
5.2%▼
2023 · 13.8%
Interest coverage
156.10▼
2023 · 223.58
Debt ≤ 1 year
€22k▼
2023 · €100k
Income taxes
€3k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€247k€178k▼
Fixed assets21/28€61k€39k▼
Intangible fixed assets21€973€303▼
Tangible fixed assets22/27€60k€38k▼
Plant, machinery and equipment23€39k€35k▼
Furniture and vehicles24€21k€4k▼
Current assets29/58€186k€140k▼
Amounts receivable within one year40/41€60k€58k▼
Trade receivables40€54k€46k▼
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€125k€81k▼
Deferred charges and accrued income490/1€780€656▼
Equity and liabilities
Total equity and liabilities10/49€247k€178k▼
Equity10/15€147k€157k▲
Contributions10/11€10k€10k=
Reserves13€137k€147k▲
Distributable reserves133€137k€147k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€100k€22k▼
Amounts payable within one year42/48€100k€22k▼
Trade debts44€24k€20k▼
Suppliers440/4€24k€20k▼
Taxes, remuneration and social security45€13k€1k▼
Taxes450/3€13k€1k▼
Other amounts payable47/48€62k€96▼
Accrued charges and deferred income492/3€138€0▼
Income statement
Code20232024
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€1k€858▼
Gross operating margin9900€60k€21k▼
Operating profit (loss)9901€43k€13k▼
Financial income75/76B€0€80▲
Recurring financial income75€0€80▲
Financial charges65/66B€262€126▼
Recurring financial charges65€262€126▼
Profit (loss) for the period before taxes9903€43k€13k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€34k€9k▼
Profit (loss) for the period to be appropriated9905€34k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€9k▼
Transfer from equity791/2€26k€0▼
Transfer to equity691/2€0€9k▲
To other reserves6921€0€9k▲
Profit to be distributed694/7€60k€0▼
Return on contributions (dividend)694€60k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €10k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €7k | €10k | €15k | €7k | ▼ 53.6% |
| Other operating charges640/8 | - | €975 | €963 | €1k | €858 | ▼ 24.9% |
| Gross operating margin9900 | €46k | €78k | €112k | €60k | €21k | ▼ 65.5% |
| Operating profit (loss)9901 | €41k | €70k | €101k | €43k | €13k | ▼ 70.7% |
| Financial income75/76B | - | €1 | €183 | €0 | €80 | ▲ 42,005% |
| Recurring financial income75 | - | €1 | €183 | €0 | €80 | ▲ 42,005% |
| Financial charges65/66B | - | €229 | €322 | €262 | €126 | ▼ 51.7% |
| Recurring financial charges65 | €3 | €229 | €322 | €262 | €126 | ▼ 51.7% |
| Profit (loss) for the period before taxes9903 | €41k | €70k | €101k | €43k | €13k | ▼ 70.6% |
| Income taxes67/77 | €11k | €18k | €19k | €9k | €3k | ▼ 62.1% |
| Profit (loss) for the period9904 | €30k | €51k | €82k | €34k | €9k | ▼ 72.9% |
| Profit (loss) for the period to be appropriated9905 | €30k | €51k | €82k | €34k | €9k | ▼ 72.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66k | €137k | €267k | €247k | €178k | ▼ 27.9% |
| Fixed assets21/28 | €22k | €39k | €76k | €61k | €39k | ▼ 36.8% |
| Intangible fixed assets21 | €3k | €2k | €2k | €973 | €303 | ▼ 68.9% |
| Tangible fixed assets22/27 | €19k | €37k | €75k | €60k | €38k | ▼ 36.3% |
| Plant, machinery and equipment23 | - | - | €43k | €39k | €35k | ▼ 11.1% |
| Furniture and vehicles24 | - | €37k | €31k | €21k | €4k | ▼ 82.8% |
| Current assets29/58 | €44k | €98k | €191k | €186k | €140k | ▼ 24.9% |
| Amounts receivable within one year40/41 | €15k | €28k | €24k | €60k | €58k | ▼ 3.4% |
| Trade receivables40 | - | €22k | €20k | €54k | €46k | ▼ 15.8% |
| Other amounts receivable41 | - | €5k | €4k | €6k | €12k | ▲ 114% |
| Cash at bank and in hand54/58 | €28k | €71k | €166k | €125k | €81k | ▼ 35.3% |
| Deferred charges and accrued income490/1 | - | €0 | €729 | €780 | €656 | ▼ 16.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66k | €137k | €267k | €247k | €178k | ▼ 27.9% |
| Equity10/15 | €40k | €92k | €173k | €147k | €157k | ▲ 6.2% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €30k | €82k | €163k | €137k | €147k | ▲ 6.7% |
| Distributable reserves133 | - | €82k | €163k | €137k | €147k | ▲ 6.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €25k | €45k | €93k | €100k | €22k | ▼ 78.2% |
| Amounts payable within one year42/48 | €25k | €45k | €93k | €100k | €22k | ▼ 78.2% |
| Trade debts44 | €6k | €37k | €76k | €24k | €20k | ▼ 16.6% |
| Suppliers440/4 | - | €37k | €76k | €24k | €20k | ▼ 16.6% |
| Taxes, remuneration and social security45 | - | €4k | €13k | €13k | €1k | ▼ 89.6% |
| Taxes450/3 | - | €4k | €13k | €13k | €1k | ▼ 89.6% |
| Other amounts payable47/48 | - | €4k | €4k | €62k | €96 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | - | €199 | €138 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €51k | €82k | €34k | €9k | ▼ 72.9% |
| + Depreciation and write-downs630 | €4k | €7k | €10k | €15k | €7k | ▼ 53.6% |
| Operating cash flow (approximation) | €34k | €58k | €92k | €49k | €16k | ▼ 67.0% |
| Investment in fixed assets (approximation) | - | €-24k | €-48k | €0 | €16k | - |
| Change in cash | - | €42k | €95k | €-41k | €-44k | ▼ 8.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €9k ▼72.9%
Net result drops to €9k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.42
Current ratio from 1.87 to 6.42; short-term debt falls from €100k to €22k.
31-12
Financial
Equity above €150kEq €157k ▲6.2%
5 profitable years in a row build equity to €157k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €82k ▲58.9%
Operating result €101k, net result €82k, both a record.
31-12
Financial
Equity above €150kEq €173k ▲89%
3 profitable years in a row build equity to €173k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2020
Ground area
360 m²
Building footprint
77 m²
Volume, LiDAR
551 m³
Parcel 34002F0998/00R000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
APROJECT
since 20202.303.115.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F0998/00R000 | Flanders | 360 m² | 1 · 77 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,423 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.