AUPAL
ActiveSummary
AUPAL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245,619 and a net result of €35,570. Equity is shrinking by ~11.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+5
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 5.39 against 2.25 in 2024; short-term debt: 9.5% and cash: 45.7% of total assets), and 9.5% of the assets are financed with debt.
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Signals
Four 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
90.5%
Return on assets
13.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
1 d late
2021
on the day
2019
on the day
2018
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average on the deadline day; 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€245,619▲ 9.6%
2024 · €224,030
Total assets
€271,346▼ 2.4%
2024 · €277,935
Net result
€35,570▲ 41.9%
2024 · €25,060
Working capital
€112,929▲ 72.8%
2024 · €65,360
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€92,580-€36,360▼ 60.7%€44,445▲ 22.2%€36,848▼ 17.1%€53,101▲ 44.1%
Net result€68,083-€27,641▼ 59.4%€30,569▲ 10.6%€25,060▼ 18.0%€35,570▲ 41.9%
Equity€445,668-€406,748▼ 8.7%€267,991▼ 34.1%€224,030▼ 16.4%€245,619▲ 9.6%
Total assets€475,684-€447,578▼ 5.9%€287,522▼ 35.8%€277,935▼ 3.3%€271,346▼ 2.4%
Debt€30,015-€40,830▲ 36.0%€19,531▼ 52.2%€53,905▲ 176%€25,728▼ 52.3%
Working capital€203,489-€193,523▼ 4.9%€81,576▼ 57.8%€65,360▼ 19.9%€112,929▲ 72.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €271,346
Fixed assets
€132,690 ▼ 17.3%
Current assets
€138,657 ▲ 18.1%
Equity and liabilities €271,346
Equity
€245,619 ▲ 9.6%
Debt
€25,728 ▼ 52.3%
Debt's share of the balance-sheet total falls from 19.4% to 9.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,326▲
2024 · €69,950
Cash flow
€68,794▲
2024 · €58,162
Current ratio
5.39▲
2024 · 2.25
Debt to equity
0.10▼
2024 · 0.24
ROE
14.5%▲
2024 · 11.2%
ROA
13.1%▲
2024 · 9.0%
Interest coverage
258.04▲
2024 · 210.90
Debt ≤ 1 year
€25,728▼
2024 · €52,095
Income taxes
€17,755▲
2024 · €13,160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73,503 | €35,343 | €32,058 | €33,102 | €33,224 | ▲ 0.4% |
| Other operating charges640/8 | - | €6,022 | €3,079 | €4,761 | €6,282 | ▲ 31.9% |
| Gross operating margin9900 | €170,330 | €77,725 | €79,582 | €74,711 | €92,608 | ▲ 24.0% |
| Operating profit (loss)9901 | €92,580 | €36,360 | €44,445 | €36,848 | €53,101 | ▲ 44.1% |
| Financial income75/76B | - | €3,932 | €2,000 | €1,704 | €559 | ▼ 67.2% |
| Recurring financial income75 | €3,240 | €3,932 | €2,000 | €1,704 | €559 | ▼ 67.2% |
| Financial charges65/66B | - | €538 | €568 | €332 | €335 | ▲ 0.9% |
| Recurring financial charges65 | €1,236 | €538 | €568 | €332 | €335 | ▲ 0.9% |
| Profit (loss) for the period before taxes9903 | €94,584 | €39,753 | €45,877 | €38,220 | €53,326 | ▲ 39.5% |
| Income taxes67/77 | €26,501 | €12,112 | €15,308 | €13,160 | €17,755 | ▲ 34.9% |
| Profit (loss) for the period9904 | €68,083 | €27,641 | €30,569 | €25,060 | €35,570 | ▲ 41.9% |
| Profit (loss) for the period to be appropriated9905 | €68,083 | €27,641 | €30,569 | €25,060 | €35,570 | ▲ 41.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €475,684 | €447,578 | €287,522 | €277,935 | €271,346 | ▼ 2.4% |
| Fixed assets21/28 | €259,735 | €225,640 | €193,582 | €160,480 | €132,690 | ▼ 17.3% |
| Tangible fixed assets22/27 | €255,385 | €221,290 | €189,232 | €156,130 | €128,340 | ▼ 17.8% |
| Land and buildings22 | - | €202,054 | €172,129 | €142,203 | €117,589 | ▼ 17.3% |
| Plant, machinery and equipment23 | - | €7,025 | €6,372 | €4,891 | €3,409 | ▼ 30.3% |
| Furniture and vehicles24 | - | €5,774 | €5,068 | €4,146 | €3,223 | ▼ 22.2% |
| Other tangible fixed assets26 | - | €6,436 | €5,663 | €4,891 | €4,118 | ▼ 15.8% |
| Financial fixed assets28 | €4,350 | €4,350 | €4,350 | €4,350 | €4,350 | = |
| Current assets29/58 | €215,949 | €221,938 | €93,940 | €117,455 | €138,657 | ▲ 18.1% |
| Amounts receivable after more than one year29 | - | €25,000 | €25,000 | - | - | - |
| Other amounts receivable291 | - | €25,000 | €25,000 | - | - | - |
| Amounts receivable within one year40/41 | €55,514 | €28,285 | €10,854 | €13,140 | €12,882 | ▼ 2.0% |
| Trade receivables40 | - | €13,261 | €10,854 | €11,243 | €12,882 | ▲ 14.6% |
| Other amounts receivable41 | - | €15,024 | - | €1,897 | - | - |
| Cash at bank and in hand54/58 | €133,783 | €164,268 | €54,868 | €103,381 | €124,126 | ▲ 20.1% |
| Deferred charges and accrued income490/1 | - | €4,385 | €3,217 | €934 | €1,649 | ▲ 76.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €475,684 | €447,578 | €287,522 | €277,935 | €271,346 | ▼ 2.4% |
| Equity10/15 | €445,668 | €406,748 | €267,991 | €224,030 | €245,619 | ▲ 9.6% |
| Contributions10/11 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Reserves13 | €439,418 | €400,498 | €261,741 | €217,780 | €239,369 | ▲ 9.9% |
| Non-distributable reserves130/1 | - | €623 | €623 | - | - | - |
| Reserves not available under the articles1311 | - | €623 | €623 | - | - | - |
| Distributable reserves133 | - | €399,875 | €261,118 | €217,780 | €239,369 | ▲ 9.9% |
| Profit (loss) carried forward14 | €17 | - | - | - | - | - |
| Amounts payable17/49 | €30,015 | €40,830 | €19,531 | €53,905 | €25,728 | ▼ 52.3% |
| Amounts payable after more than one year17 | €17,556 | €12,415 | €7,167 | €1,810 | - | - |
| Financial debts170/4 | - | €12,415 | €7,167 | €1,810 | - | - |
| Amounts payable within one year42/48 | €12,459 | €28,415 | €12,363 | €52,095 | €25,728 | ▼ 50.6% |
| Current portion of amounts payable after more than one year42 | - | €5,141 | €5,248 | €5,357 | €1,810 | ▼ 66.2% |
| Trade debts44 | €4,823 | €16,996 | €5,323 | €7,912 | €7,546 | ▼ 4.6% |
| Suppliers440/4 | - | €16,996 | €5,323 | €7,912 | €7,546 | ▼ 4.6% |
| Taxes, remuneration and social security45 | - | €5,478 | €964 | €3,651 | €2,591 | ▼ 29.0% |
| Taxes450/3 | - | €5,478 | €964 | €3,651 | €2,591 | ▼ 29.0% |
| Other amounts payable47/48 | - | €800 | €829 | €35,175 | €13,781 | ▼ 60.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,083 | €27,641 | €30,569 | €25,060 | €35,570 | ▲ 41.9% |
| + Depreciation and write-downs630 | €73,503 | €35,343 | €32,058 | €33,102 | €33,224 | ▲ 0.4% |
| Operating cash flow (approximation) | €141,586 | €62,985 | €62,627 | €58,162 | €68,794 | ▲ 18.3% |
| Investment in fixed assets (approximation) | - | -€1,248 | €0 | €0 | -€5,434 | - |
| Change in cash | - | €30,486 | -€109,400 | €48,513 | €20,744 | ▼ 57.2% |
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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 5.39
Current ratio from 2.25 to 5.39; short-term debt falls from €52,095 to €25,728.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2018net €68,083 ▲23.2%
Operating result €92,580, net result €68,083, both a record.
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €500,000Eq €549,135 ▲11%
2 profitable years in a row build equity to €549,135.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2007
Ground area
2,105 m²
Building footprint
441 m²
Volume, LiDAR
2,683 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Aupal
since 20072.168.478.946
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0192/00R002 | Flanders | 1,902 m² | 1 · 238 m² | 9.1 m · 2 fl. |
| 11324D0792/00S002 | Flanders | 203 m² | 1 · 203 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 51 EUR | 51 EUR |
| 2024 | 1 | 50 EUR | 50 EUR |
| 2023 | 1 | 48 EUR | 48 EUR |
| 2022 | 1 | 46 EUR | 46 EUR |
Company details
Identification
Legal formPrivate limited company
Founded30-11-2007
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893855295
Also
9925:BE0893855295
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.