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ASSOCIATED PROPERTIES DE RYCK

Active
Public limited companyfounded 1974active for 52 yearsEugeen Van de Vellaan 6, 2970 Schilde, BelgiumKBO/BCE: BE 0414.465.954
Summary

ASSOCIATED PROPERTIES DE RYCK has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of -€29,874. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Activity not known1 site
Size
€3.1mtotal assets 2024
Equity
€2.0m
Loss
-€29,874
Turnover not published (micro format)
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 82 days overdue1 of 10 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 25-12-2025)1 financial year not filed after the legal deadline; latest accounts 147 days late; 1 of the last 3 lateLiquidity: current ratio 0.01, cash €13,145lowers riskSize: total assets €3.1mShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (no NACE code, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 89+6
equity 64.1% of total assets
Liquidity 37+2
short-term debt 32.4% · cash 0.4%
Profitability 34+31
return on assets -1.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▲ +1.0 percentage point vs 09-2025 11-2025: 2.5%▲ +0.2 percentage points vs 10-2025 12-2025: 2.8%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 0.5%▼ -2.3 percentage points vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.2 percentage points vs 07-2026 09-2026: 1.2%▲ +0.3 percentage points vs 08-2026 10-2026: 0.7%▼ -0.5 percentage points vs 09-2026
Credit of up to €100,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.01, compared with 0.01 in 2023, below 1; short-term debt: 32.4% and cash: 0.4% of total assets), and 35.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 56% on solvency, 24% on liquidity, 26% on profitability and 90% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €3.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 25-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 147 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.01, cash €13,145
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €2.0m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-12-2025, 147 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
147 days late
2023
42 days early
2022
24 days early
2021
34 days early
2020
4 days late
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Appointment: SHEILA DE RYCK (director)Registered-office move
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2024 -€29,874 View
  • Positive: Result rose in 2024from -€306,621 to -€29,874 ▲ 90.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Active since 1974founded 13-08-1974 52 years View

By topic

Financials

Financial year
2024
Total assets
€3.1m
Loss
-€29,874
Solvency
64.1%
Total assets▲ 27.1%
Net result
20182024
Go to Financials

Timeline

Events
51
Since
1978
  1. 31-12-2023Weakest financial year
  2. 07-07-2023Annual accounts filed
  3. 27-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
13-08-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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