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APULO

Active
Private limited companyfounded 200125 yrs activeBallaarstraat 72, 2018 Antwerpen, BelgiumKBO/BCE: BE 0475.290.892
Summary

APULO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€28,667) and a net result of €52,978. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 8122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
APULOActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
2 sites
Size
€505,744total assets 2024
Equity
-€28,667
Profit
€52,978
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
0.5%
Structure
Accounts 68 d overdue0 of 3 deeds read
Why 55Capped at 59: negative equity- Figures for FY 2024 (filed 26-06-2025)- Negative equity -€28,667+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Size: total assets €505,744Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 19+8
equity -5.7% of total assets
Liquidity 65+15
short-term debt 16.0% · cash 14.9%
Profitability 76+6
return on assets 10.5%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,264 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%▲ +1.6% vs 01-2025 03-2025: 0.3%▲ +0.8% vs 02-2025 04-2025: 0.3%▲ +5.0% vs 03-2025 05-2025: 0.3%▲ +8.8% vs 04-2025 06-2025: 0.3%▼ -5.4% vs 05-2025 07-2025: 0.2%▼ -30.5% vs 06-2025lowest value 08-2025: 0.2%● 0.0% vs 07-2025lowest value 09-2025: 0.2%● 0.0% vs 08-2025lowest value 10-2025: 0.2%● 0.0% vs 09-2025lowest value 11-2025: 0.2%● 0.0% vs 10-2025lowest value 12-2025: 0.2%● 0.0% vs 11-2025lowest value 01-2026: 0.2%● 0.0% vs 12-2025lowest value 02-2026: 0.2%▲ +2.0% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.2%▲ +5.0% vs 03-2026 05-2026: 0.2%▲ +9.5% vs 04-2026 06-2026: 0.2%▼ -3.9% vs 05-2026 07-2026: 0.2%▲ +9.0% vs 06-2026 08-2026: 0.4%▲ +62.7% vs 07-2026 09-2026: 0.4%▲ +11.2% vs 08-2026 10-2026: 0.5%▲ +15.1% vs 09-2026highest value
  • Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
  • Figures for FY 2024 (filed 26-06-2025) raises the probability
  • Negative equity -€28,667 raises the probability
  • Size: total assets €505,744 lowers the probability for this profile
No credit on open account
Liquidity ample (current ratio 2.13 against 2.8 in 2023; short-term debt: 16% and cash: 14.9% of total assets), but equity is negative.
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 70, micro). Better than this share of them on solvency 8%, liquidity 57%, profitability 42%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 26-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€28,667
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €505,744
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 8122 sector peers (2024).
NBB · sector comparison
Position among 8122 sector peers
Solvency
better than 6%
← weakest strongest →
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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
29 d early
2022
31 d early
2021
12 d late
2020
30 d late
2019
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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 2024 · abbreviated…
  2. Highest result since 2018net €52,978 ▲14%
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€28,667 View
  • Caution: Among the weakest 5% on equitysector median €442,440 · 8,126 companies -€28,667 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 d late View
  • Positive: Equity rose in 2024from -€81,644 to -€28,667 ▲ 64.9% View

By topic

Financials

Fiscal year
2024
Total assets
€505,744
Profit
€52,978
Solvency
-5.7%
Total assets▼ 11.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 25-06-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 02-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
13-07-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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