APS TECHNICS
ActiveSummary
APS TECHNICS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency26▼-64
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1%
Return on assets
35.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9494 sector peers (2025).
NBB · sector comparisonPosition among 9494 sector peers
Solvency
better than 10%
← weakest
strongest →
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 19-05-2026, 73 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
73 d early
2024
30 d early
2023
54 d early
2022
9 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 98.4%
2024 · €124k
2022: €14k
2023: €58k▲ +325% vs 2022
2024: €124k▲ +116% vs 2023highest in 4 years
2025: €2k▼ -98.4% vs 2024lowest in 4 years
2022 → 2025
Total assets
€198k▲ 4.4%
2024 · €190k
2022: €88klowest in 4 years
2023: €138k▲ +57.2% vs 2022
2024: €190k▲ +37.1% vs 2023
2025: €198k▲ +4.4% vs 2024highest in 4 years
2022 → 2025
Net result
€70k▲ 4.6%
2024 · €67k
2022: €12klowest in 4 years
2023: €44k▲ +257% vs 2022
2024: €67k▲ +51.1% vs 2023
2025: €70k▲ +4.6% vs 2024highest in 4 years
2022 → 2025
Working capital
€-69k
2024 · €65k
2022: €-6k
2023: €18k▲ +399% vs 2022
2024: €65k▲ +260% vs 2023highest in 4 years
2025: €-69k▼ -205% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€58k▲ 325%€124k▲ 116%€2k▼ 98.4%
2022: €14k
2023: €58k▲ +325% vs 2022
2024: €124k▲ +116% vs 2023highest in 4 years
2025: €2k▼ -98.4% vs 2024lowest in 4 years
Operating result€15k-€59k▲ 288%€87k▲ 47.9%€90k▲ 3.0%
2022: €15klowest in 4 years
2023: €59k▲ +288% vs 2022
2024: €87k▲ +47.9% vs 2023
2025: €90k▲ +3.0% vs 2024highest in 4 years
Net result€12k-€44k▲ 257%€67k▲ 51.1%€70k▲ 4.6%
2022: €12klowest in 4 years
2023: €44k▲ +257% vs 2022
2024: €67k▲ +51.1% vs 2023
2025: €70k▲ +4.6% vs 2024highest in 4 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 risen three years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€76k ▼ 5.7%
Current assets
€122k ▲ 11.9%
Equity and liabilities €198k
Equity
€2k ▼ 98.4%
Debt
€196k ▲ 199%
Debt's share of the balance-sheet total rises from 34.6% to 99.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€115k▲
2024 · €110k
Cash flow
€95k▲
2024 · €90k
Current ratio
0.64▼
2024 · 2.49
Debt to equity
98.11▲
2024 · 0.53
ROA
35.1%▲
2024 · 35.1%
Interest coverage
86.84▲
2024 · 55.28
Debt ≤ 1 year
€191k▲
2024 · €44k
Debt > 1 year
€5k▼
2024 · €17k
Income taxes
€19k▲
2024 · €18k
A ratio outside any meaningful range has been withheld (balance sheet total €198k, equity €2k).
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€190k€198k▲
Fixed assets21/28€81k€76k▼
Tangible fixed assets22/27€81k€76k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€37k€45k▲
Furniture and vehicles24€24k€18k▼
Leasing and similar rights25€17k€11k▼
Current assets29/58€109k€122k▲
Amounts receivable within one year40/41€61k€51k▼
Trade receivables40€59k€50k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€47k€69k▲
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€190k€198k▲
Equity10/15€124k€2k▼
Contributions10/11€2k€2k=
Reserves13€122k€0▼
Distributable reserves133€122k€0▼
Profit (loss) carried forward14-€0
Amounts payable17/49€66k€196k▲
Amounts payable after more than one year17€17k€5k▼
Financial debts170/4€17k€5k▼
Amounts payable within one year42/48€44k€191k▲
Current portion of amounts payable after more than one year42€19k€12k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€1k€12k▲
Suppliers440/4€1k€12k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€10k€17k▲
Other amounts payable47/48€14k€151k▲
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€25k▲
Other operating charges640/8€468€881▲
Gross operating margin9900€111k€116k▲
Operating profit (loss)9901€87k€90k▲
Financial income75/76B€30€0▼
Recurring financial income75€30€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€85k€88k▲
Income taxes67/77€18k€19k▲
Profit (loss) for the period9904€67k€70k▲
Profit (loss) for the period to be appropriated9905€67k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€70k▲
Transfer from equity791/2-€192k
Transfer to equity691/2€67k€70k▲
To other reserves6921€67k€70k▲
Profit to be distributed694/7-€192k
Return on contributions (dividend)694-€192k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €17k | €23k | €25k | ▲ 7.4% |
| Other operating charges640/8 | - | €115 | €468 | €881 | ▲ 88.4% |
| Gross operating margin9900 | €19k | €76k | €111k | €116k | ▲ 4.3% |
| Operating profit (loss)9901 | €15k | €59k | €87k | €90k | ▲ 3.0% |
| Financial income75/76B | €0 | €0 | €30 | €0 | ▼ 99.9% |
| Recurring financial income75 | €0 | €0 | €30 | €0 | ▼ 99.9% |
| Financial charges65/66B | €688 | €2k | €2k | €1k | ▼ 33.8% |
| Recurring financial charges65 | €688 | €2k | €2k | €1k | ▼ 33.8% |
| Profit (loss) for the period before taxes9903 | €14k | €57k | €85k | €88k | ▲ 3.8% |
| Income taxes67/77 | €2k | €13k | €18k | €19k | ▲ 1.2% |
| Profit (loss) for the period9904 | €12k | €44k | €67k | €70k | ▲ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €12k | €44k | €67k | €70k | ▲ 4.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €88k | €138k | €190k | €198k | ▲ 4.4% |
| Fixed assets21/28 | €57k | €78k | €81k | €76k | ▼ 5.7% |
| Tangible fixed assets22/27 | €57k | €78k | €81k | €76k | ▼ 5.7% |
| Land and buildings22 | - | €2k | €2k | €2k | ▼ 12.1% |
| Plant, machinery and equipment23 | €27k | €24k | €37k | €45k | ▲ 20.9% |
| Furniture and vehicles24 | €2k | €29k | €24k | €18k | ▼ 26.6% |
| Leasing and similar rights25 | €29k | €23k | €17k | €11k | ▼ 33.4% |
| Current assets29/58 | €31k | €60k | €109k | €122k | ▲ 11.9% |
| Amounts receivable within one year40/41 | €18k | €25k | €61k | €51k | ▼ 15.9% |
| Trade receivables40 | €18k | €25k | €59k | €50k | ▼ 15.9% |
| Other amounts receivable41 | - | €271 | €2k | €1k | ▼ 14.8% |
| Cash at bank and in hand54/58 | €11k | €32k | €47k | €69k | ▲ 48.6% |
| Deferred charges and accrued income490/1 | €2k | €3k | €2k | €2k | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €88k | €138k | €190k | €198k | ▲ 4.4% |
| Equity10/15 | €14k | €58k | €124k | €2k | ▼ 98.4% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Reserves13 | €12k | €56k | €122k | €0 | ▼ 100% |
| Distributable reserves133 | €12k | €56k | €122k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €75k | €81k | €66k | €196k | ▲ 199% |
| Amounts payable after more than one year17 | €38k | €36k | €17k | €5k | ▼ 67.7% |
| Financial debts170/4 | €38k | €36k | €17k | €5k | ▼ 67.7% |
| Amounts payable within one year42/48 | €37k | €42k | €44k | €191k | ▲ 336% |
| Current portion of amounts payable after more than one year42 | €11k | €18k | €19k | €12k | ▼ 38.9% |
| Financial debts43 | - | €2k | €0 | - | - |
| Credit institutions430/8 | - | €2k | €0 | - | - |
| Trade debts44 | €2k | €769 | €1k | €12k | ▲ 1,012% |
| Suppliers440/4 | €2k | €769 | €1k | €12k | ▲ 1,012% |
| Taxes, remuneration and social security45 | €8k | €10k | €10k | €17k | ▲ 76.9% |
| Taxes450/3 | €8k | €10k | €10k | €17k | ▲ 76.9% |
| Other amounts payable47/48 | €15k | €12k | €14k | €151k | ▲ 961% |
| Accrued charges and deferred income492/3 | €76 | €3k | €5k | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €44k | €67k | €70k | ▲ 4.6% |
| + Depreciation and write-downs630 | €4k | €17k | €23k | €25k | ▲ 7.4% |
| Operating cash flow (approximation) | €16k | €61k | €90k | €95k | ▲ 5.3% |
| Investment in fixed assets (approximation) | - | €-38k | €-26k | €-21k | ▲ 20.8% |
| Change in cash | - | €21k | €14k | €23k | ▲ 57.1% |
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
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €70k ▲4.6%
Operating result €90k, net result €70k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €124k ▲116%
3 profitable years in a row build equity to €124k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2022
Ground area
301 m²
Building footprint
101 m²
Volume, LiDAR
612 m³
Parcel 33302A0247/00E002, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADMIN Raukema
since 20222.330.611.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33302A0247/00E002 | Flanders | 301 m² | 1 · 101 m² | 10.6 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 2,143 companies in sector 71209 we hold annual accounts for 1,085. 174 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
Founded10-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
28250Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.