L'APPARTEMENT
ActiveThe computed 12-month bankruptcy probability of L'APPARTEMENT is 2.0% (moderate). The 2025 annual accounts show equity of €9k and a net result of €-7k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 13090 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-7
Solvency52▼-13
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.93 against 1.59 in 2024; short-term debt: 69.4% and cash: 13.4% of total assets), and 73.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.7%
Return on assets
-21.3%
Age of the figures
9 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
18 d late
2023
26 d late
2022
23 d late
2021
52 d early
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 44.4%
2024 · €16k
2018: €14k
2019: €26k
2020: €38k
2021: €43k
2022: €26k
2023: €22k
2024: €16k
2018 → 2025
Total assets
€34k▼ 15.7%
2024 · €40k
2018: €24k
2019: €39k
2020: €48k
2021: €49k
2022: €65k
2023: €52k
2024: €40k
2018 → 2025
Net result
€-7k▼ 36.8%
2024 · €-5k
2018: €8k
2019: €11k
2020: €12k
2021: €6k
2022: €-18k
2023: €-4k
2024: €-5k
2018 → 2025
Working capital
€-2k
2024 · €9k
2018: €8k
2019: €20k
2020: €33k
2021: €37k
2022: €16k
2023: €14k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€26k▼ 40.5%€22k▼ 15.7%€16k▼ 24.5%€9k▼ 44.4%
Operating result€8k-€-16k€-2k▲ 86.1%€-3k▼ 22.6%€-6k▼ 108%
Net result€6k-€-18k€-4k▲ 76.9%€-5k▼ 31.3%€-7k▼ 36.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€12k▼ 27.7%
Current assets
€22k▼ 7.0%
Equity and liabilities €34k
Equity
€9k▼ 44.4%
Debt
€25k▲ 3.9%
The debt ratio rises from 59.5% to 73.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €5k
Cash flow
€871▼
2024 · €3k
Solvency
26.7%▼
2024 · 40.5%
Current ratio
0.93▼
2024 · 1.59
Quick ratio
0.38▼
2024 · 0.53
Debt / equity
2.75▲
2024 · 1.47
ROE
-80.0%▼
2024 · -32.5%
ROA
-21.3%▼
2024 · -13.2%
Interest coverage
1.78▼
2024 · 2.31
Debt
€25k▲
2024 · €24k
Debt ≤ 1 year
€24k▲
2024 · €15k
Debt > 1 year
€1k▼
2024 · €9k
Income taxes
€328▼
2024 · €340
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€34k▼
Fixed assets21/28€17k€12k▼
Tangible fixed assets22/27€17k€12k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€16k€8k▼
Other tangible fixed assets26€1k€2k▲
Current assets29/58€24k€22k▼
Stocks and contracts in progress3€16k€13k▼
Stocks30/36€16k€13k▼
Amounts receivable within one year40/41€377€839▲
Trade receivables40-€839
Other amounts receivable41€377-
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€923€3k▲
Equity and liabilities
Total equity and liabilities10/49€40k€34k▼
Equity10/15€16k€9k▼
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-15k€-22k▼
Amounts payable17/49€24k€25k▲
Amounts payable after more than one year17€9k€1k▼
Financial debts170/4€9k€1k▼
Amounts payable within one year42/48€15k€24k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43-€910
Credit institutions430/8-€910
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Advances received on contracts in progress46-€19
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€179€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€9k€6k▼
Operating profit (loss)9901€-3k€-6k▼
Financial income75/76B€0€36▲
Recurring financial income75€0€36▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-5k€-7k▼
Income taxes67/77€340€328▼
Profit (loss) for the period9904€-5k€-7k▼
Profit (loss) for the period to be appropriated9905€-5k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-22k▼
Profit (loss) brought forward from the previous period14P€-10k€-15k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼412%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲3.6%
Net result €12k, the highest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place du Centre(NAL) 86120 Ham-sur-Heure-NalinnesGround area
403 m²
Building footprint
69 m²
Volume, LiDAR
631 m³
Parcel 56058D0241/00H000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L'APPARTEMENT
since 20102.195.182.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058D0241/00H000 | Wallonia | 403 m² | 1 · 69 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHam-sur-Heure-Nalinnes2.195.182.947
Similar companies · same sector, comparable size
LIVERSA
BE 0809.797.966
Ukkel · Eq €9k
Pizza Pino
BE 0775.806.097
Wijnegem · Eq €9k
WILOMA
BE 1024.947.134
Roeselare · Eq €9k
WESTHOEK-HOTELS – GASTHOF ‘T ZWEERD
BE 0826.074.170
Ieper · Eq €9k
NOBRA
BE 0627.846.851
Gent · Eq €9k
Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 6,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.