L'Apierrot
The computed 12-month bankruptcy probability of L'Apierrot is 5.4% (elevated). The 2024 annual accounts show equity of €21k and a net result of €-22k. Equity is shrinking by ~65.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 61% of 5615 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €21k |
| Net result | €-22k |
| Staff (FTE) | 2.8 |
| Better than sector | 61% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 30.3% | 19.3% | |
| Net result | €-22k | €4k | |
| Equity | €21k | €14k | |
| Gross operating margin | €53k | €52k | |
| Staff costs | €44k | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7k |
| Net profit | €-22k |
| Cash flow | €7k |
| Staff costs | €44k |
| Income taxes | - |
| Dividends | - |
| Total assets | €70k |
| Equity | €21k |
| Debt | €49k |
| of which ≤ 1y | €49k |
| of which > 1y | - |
| Working capital | €-36k |
| Employees (FTE) | 2.8 |
| 2024 | |
|---|---|
| Current ratio | 0.25 |
| Quick ratio | 0.06 |
| Working capital ratio | -51.9% |
| Solvency | 30.3% |
| Debt / equity | 2.30 |
| Long-term debt ratio | - |
| Interest coverage | 31.47 |
| Gross margin | - |
| Net margin | - |
| ROA | -31.5% |
| ROE | -103.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €70k |
| Fixed assets | 21/28 | €58k |
| Tangible fixed assets | 22/27 | €48k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €12k |
| Stocks & contracts in progress | 3 | €9k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €70k |
| Equity | 10/15 | €21k |
| Contributions / capital | 10/11 | €158k |
| Accumulated profits (losses) | 14 | €-137k |
| Amounts payable | 17/49 | €49k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €53k |
| Operating result | 9901 | €-22k |
| Financial charges | 65 | €234 |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
-
Current01-01-2026 → present
-
Current20-10-2022 → present
2 events
- 20-10-2022 Resigned· Manager
- 20-10-2022 Mandate renewed· Director
Former directors (1)
-
Former20-10-2022 → 01-09-2023
3 events
- 01-09-2023 Resigned· Director
- 20-10-2022 Resigned· Manager
- 20-10-2022 Mandate renewed· Director
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 26-07-2021 |
| Status | Active |
| Postal code | 1630 |
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. |
|---|---|---|---|---|
| 22003B0104/00L003 | Flanders | 279 m² | 1 · 54 m² | 9.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-02-2026 Transaction in capital or shares
Technical details
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"evidence_quote": "Overdracht van aandelen De Algemene Vergadering neemt kennis van en bevestigt de overdracht van aandelen: 300 aandelen van Alexandre Likin aan Milton Van Vliet",
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}29-11-2023 Bosgaerd Pierrot resigns as director
- Bosgaerd Pierrot, Bestuurder
Technical details
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}23-01-2023 Articles of association amended
Technical details
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}20-10-2022 2 resigning, 2 reappointed
- BOSGAERD PIERROT, Zaakvoerder
- FAWAZ FAWZI, Zaakvoerder
- BOSGAERD PIERROT, Bestuurder
- FAWAZ FAWZI, Bestuurder
Technical details
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}03-08-2021 Incorporation of a new VZW
Technical details
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"founders": [
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"kind": "natural_person",
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"dob": "1965-10-11",
"name": "Bosgaerd, Pierrot",
"niss": null,
"address": "Villalaan 37, 1630 Linkebeek"
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"share_class": "Aandelen",
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"amount_paid_in_eur": 0,
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"dob": "1990-08-07",
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"niss": null,
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],
"capital_eur": 16000,
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"legal_form": "VZW"
},
"initial_directors": [],
"incorporation_date": "2021-05-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | L'Apierrot |