ASSOCIATION PROFESSIONNELLE GÉNÉRALE
The computed 12-month bankruptcy probability of ASSOCIATION PROFESSIONNELLE GÉNÉRALE is 2.4% (moderate). The 2024 annual accounts show equity of €65k and a net result of €7k. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 3839 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €65k |
| Net result | €7k |
| Better than sector | 65% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.8% | 39.5% | |
| Net result | €7k | €9k | |
| Equity | €65k | €29k | |
| Gross operating margin | €12k | €26k | |
| Total assets | €123k | €85k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €130k |
| EBITDA | €11k |
| Net profit | €7k |
| Cash flow | €8k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €123k |
| Equity | €65k |
| Debt | €58k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €116k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 23.04 |
| Quick ratio | 23.04 |
| Working capital ratio | 94.7% |
| Solvency | 52.8% |
| Debt / equity | 0.89 |
| Long-term debt ratio | - |
| Interest coverage | 91.06 |
| Gross margin | 9.0% |
| Net margin | 5.7% |
| ROA | 6.0% |
| ROE | 11.4% |
| EBITDA margin | 8.7% |
| Days sales outstanding | 32d |
| Days payable outstanding | 6d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €123k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €122k |
| Amounts receivable within one year | 40/41 | €19k |
| Cash & bank | 54/58 | €103k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €123k |
| Equity | 10/15 | €65k |
| Contributions / capital | 10/11 | €4k |
| Reserves | 13 | €61k |
| Amounts payable | 17/49 | €58k |
| Amounts payable within one year | 42/48 | €5k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Turnover | 70 | €130k |
| Gross operating margin | 9900 | €12k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €300 |
| Financial charges | 65 | €125 |
| Result before taxes | 9903 | €11k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
-
Current17-12-2025 → present
Former directors (1)
-
Former- → 20-10-2025
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 07-02-2021 |
| Status | Active |
| Postal code | 7181 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52052A0166/00G000 | Wallonia | 1,006 m² | 1 · 163 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
17-12-2025 1 director appointed, 1 resigning
- Mestdagh Kevin, Bestuurder
- Delli Russi Gerardo, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Delli Russi Gerardo",
"address": null,
"birth_date": null
},
"effective_date": "2025-10-20",
"evidence_quote": "En date du 17 octobre 2025, nous accusons r\u00E9ception de la lettre de d\u00E9mission de Monsieur Delli Russi Gerardo qui est accept\u00E9e ce 20 octobre 2025 \u00E0 l\u0027unanimit\u00E9 par l\u0027Assembl\u00E9e G\u00E9n\u00E9rale avec effet imm\u00E9diat. L\u0027Assembl\u00E9e G\u00E9n\u00E9rale donne d\u00E9charge \u00E0 Monsieur Delli Russi pour le mandat d\u0027administrateur \u00E9co",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Mestdagh Kevin",
"address": null,
"birth_date": null
},
"evidence_quote": "Le Conseil d\u0027Administration est dor\u00E9navant compos\u00E9 comme suit : Monsieur Mestdagh Kevin, \u00E0 la fonction d\u0027administrateur, mandat \u00E0 dur\u00E9e illimit\u00E9"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.320.417",
"name_full": "ASSOCIATION PROFESSIONNELLE GENERALE, EN ABREGE : APROGE",
"legal_form": "SRL"
}
}10-02-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "Rue Haute 7, 7181 Petit-Roeulx-lez-Nivelles",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1989-03-15",
"name": "MESTDAGH Kevin Maxime S\u00E9bastien",
"niss": null,
"address": "7181 Seneffe (Petit-Roeulx-lez-Nivelles), Rue Haute 7"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 4000,
"holder_person_name": "MESTDAGH Kevin Maxime S\u00E9bastien",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
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"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-02-13",
"name": "DELLI RUSSI Gerardo",
"niss": null,
"address": "1420 Braine-l\u0027Alleud, Chauss\u00E9e d\u0027Alsemberg, 125"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 16000,
"holder_person_name": "DELLI RUSSI Gerardo",
"is_subscriber_only": false,
"n_shares_subscribed": 400,
"amount_subscribed_eur": 16000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0829.000.008",
"name": "EXEKO"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": "0829.000.008",
"holder_org_name": "EXEKO",
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 20000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 40000,
"subject_company": {
"kbo": "0763.320.417",
"name_full": "ASSOCIATION PROFESSIONNELLE G\u00C9N\u00C9RALE",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-02-05",
"post_incorporation_mandates": []
}| Legal nameFR | ASSOCIATION PROFESSIONNELLE GÉNÉRALE |
| AbbreviationFR | APROGE |