APTAN
ActiveSummary
APTAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.9m) and a net result of €276,286. Equity is growing by ~6.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42=
Solvency7▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.19 in 2024; short-term debt: 117.8% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-17.8%
Return on assets
1.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
50 d late
2023
26 d late
2022
1 d late
2021
25 d late
2020
26 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€276,286▲ 7.7%
2024 · €256,443
Working capital
-€14.6m▲ 4.8%
2024 · -€15.4m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€8,055▼ 5.8%-€43,432▼ 439%-€38,972▲ 10.3%-€39,127▼ 0.4%-€39,197▼ 0.2%
Net result€127,869▲ 3.7%€264,014▲ 106%€761,749▲ 189%€256,443▼ 66.3%€276,286▲ 7.7%
Equity-€4.4m▲ 2.8%-€4.2m▲ 6.0%-€3.4m▲ 18.3%-€3.2m▲ 7.5%-€2.9m▲ 8.8%
Total assets€13.8m▲ 2.4%€14.3m▲ 3.4%€15.2m▲ 6.4%€15.8m▲ 3.7%€16.1m▲ 2.2%
Debt€18.3m▲ 1.1%€18.5m▲ 1.1%€18.6m▲ 0.9%€19.0m▲ 1.6%€19.0m▲ 0.4%
Working capital-€18.3m▼ 1.1%-€18.5m▼ 1.1%-€18.6m▼ 0.9%-€15.4m▲ 17.6%-€14.6m▲ 4.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €39,197 in 2025 against €39,127 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.1m
Fixed assets
€11.7m ▼ 3.8%
Current assets
€4.4m ▲ 22.7%
Key figures and ratios
Solvency
-17.8%▲
2024 · -20.0%
Current ratio
0.23▲
2024 · 0.19
Debt to equity
-6.61▼
2024 · -6.01
ROA
1.7%▲
2024 · 1.6%
Debt ≤ 1 year
€19.0m▲
2024 · €19.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,255 | €1,013 | €976 | €1,129 | €1,105 | ▼ 2.1% |
| Gross operating margin9900 | -€6,800 | -€42,419 | -€37,996 | -€37,998 | -€38,092 | ▼ 0.2% |
| Operating profit (loss)9901 | -€8,055 | -€43,432 | -€38,972 | -€39,127 | -€39,197 | ▼ 0.2% |
| Financial income75/76B | €136,017 | €307,506 | €800,781 | €295,711 | €315,498 | ▲ 6.7% |
| Recurring financial income75 | €136,017 | €307,506 | €800,781 | €295,711 | €315,498 | ▲ 6.7% |
| Financial charges65/66B | €93 | €60 | €60 | €141 | €15 | ▼ 89.3% |
| Recurring financial charges65 | €93 | €60 | €60 | €141 | €15 | ▼ 89.3% |
| Profit (loss) for the period before taxes9903 | €127,869 | €264,014 | €761,749 | €256,443 | €276,286 | ▲ 7.7% |
| Profit (loss) for the period9904 | €127,869 | €264,014 | €761,749 | €256,443 | €276,286 | ▲ 7.7% |
| Profit (loss) for the period to be appropriated9905 | €127,869 | €264,014 | €761,749 | €256,443 | €276,286 | ▲ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.8m | €14.3m | €15.2m | €15.8m | €16.1m | ▲ 2.2% |
| Fixed assets21/28 | €13.8m | €14.3m | €15.2m | €12.2m | €11.7m | ▼ 3.8% |
| Financial fixed assets28 | €13.8m | €14.3m | €15.2m | €12.2m | €11.7m | ▼ 3.8% |
| Current assets29/58 | €998 | €591 | €1,632 | €3.6m | €4.4m | ▲ 22.7% |
| Amounts receivable within one year40/41 | - | - | - | €3.6m | €4.4m | ▲ 22.8% |
| Other amounts receivable41 | - | - | - | €3.6m | €4.4m | ▲ 22.8% |
| Cash at bank and in hand54/58 | €998 | €591 | €1,632 | €2,357 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.8m | €14.3m | €15.2m | €15.8m | €16.1m | ▲ 2.2% |
| Equity10/15 | -€4.4m | -€4.2m | -€3.4m | -€3.2m | -€2.9m | ▲ 8.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€4.5m | -€4.2m | -€3.5m | -€3.2m | -€2.9m | ▲ 8.6% |
| Amounts payable17/49 | €18.3m | €18.5m | €18.6m | €19.0m | €19.0m | ▲ 0.4% |
| Amounts payable within one year42/48 | €18.3m | €18.5m | €18.6m | €19.0m | €19.0m | ▲ 0.4% |
| Trade debts44 | €14,032 | €20,371 | €20,740 | €13,468 | €5,969 | ▼ 55.7% |
| Suppliers440/4 | €14,032 | €20,371 | €20,740 | €13,468 | €5,969 | ▼ 55.7% |
| Other amounts payable47/48 | €18.3m | €18.5m | €18.6m | €18.9m | €19.0m | ▲ 0.4% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €127,869 | €264,014 | €761,749 | €256,443 | €276,286 | ▲ 7.7% |
| Operating cash flow (approximation) | €127,869 | €264,014 | €761,749 | €256,443 | €276,286 | ▲ 7.7% |
| Investment in fixed assets (approximation) | - | -€472,506 | -€920,060 | €3.0m | €463,382 | ▼ 84.7% |
| Change in cash | - | -€407 | €1,041 | €724 | -€2,357 | ▼ 425% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 50 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €761,749 ▲189%
Net result €761,749, the highest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1 day late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Joost-ten-Node · 1 establishment unit since 2003
Ground area
953 m²
Building footprint
613 m²
Volume, LiDAR
11,071 m³
Parcel 21572B0539/00L000, Brussels · tallest building 31.0 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Sterrenkundelaan 9, 1210 Sint-Joost-ten-Node
since 20032.123.025.142
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0539/00L000 | Brussels | 953 m² | 1 · 613 m² | 31.0 m · 7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
According to the 2025 annual accounts of APTAN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600UTF5I5ATQASR57
Identification & contact
Identification
Legal formPublic limited company
Founded23-07-2002
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
Commentaires sur les comptes annuels. Approbation comptes annuels. Affectation résultats. Décharge administrateurs. Délibération en application des articles 633 & 634 du Code des Sociétés. Divers. (AOPC11102044/19.05) (21424) ART MATERIAL TRADE, société anonyme, rue de l’Orient 57/59, 1040 BRUXELLES Numéro d’entreprise 0443.848.739 Assemblée ordinaire au siège social le 07/6/2011, à 17 heures. Ordre du jour : Rapport du conseil d’administration. Rapport du commissaire. Approbation des comptes annuels. Affectation des résultats. Décharge aux administrateurs et au commissaire. Divers. (AOPC-1-11-03226/19.05) (21425) CAGIMA, naamloze vennootschap, Frankrijklei 107, 2000 ANTWERPEN Ondernemingsnu ...