Subsidiaries and holdings
- INVARO100%
S.A.P.I.A.
ActiveFrom the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
S.A.P.I.A. has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368,854 and a net result of €41. Equity has been growing by about 5% per year since 2018. Its solvency ranks better than 73% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 09-07-1999 Normal situation
- Legal form
- Public limited company
- Registered office
- Arme-Klarenstraat 10, 8800 Roeselare
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.092.369.380 8800 Roeselare, since 04-10-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
Board
- SCHRAMME GUYManaging director
- MEULEMANS ELSDirector · since 19-04-2023
- Holdings
- Shares in 1 company INVARO
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €28,258
- ▼ 72.2%
- Turnover
- ≈ €73,000
- estimated
- Profit
- €41
- ▼ 99.9%
- Equity
- €368,854
- ▼ 0.4%
- Total assets
- €480,852
- ▼ 11.7%
2025 accounts filed 81 days before the deadline
Filed on 11-05-2026PDF
Score breakdownraises riskProfit of €41 (financial year 2025)lowers riskSize: total assets €480,852Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €368,854 (76.7% of total assets)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
100+7
equity 76.7% of total assets
Liquidity
51+5
short-term debt 22.1% · cash 6.5%
Profitability
48-31
return on assets 0.0%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.1%▲ +0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (0.3 in 2024), below 1. Short-term debt is 22.1% and cash 6.5% of total assets. 23.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 (NACE 70, micro). It does better than 86% of them on solvency, 37% on liquidity, 22% on profitability and 38% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 days early
2024
23 days early
2023
15 days early
2022
26 days early
2021
32 days early
2020
110 days early
2019
93 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 11-05-2026
- Annual accounts 2024filed on 08-07-2025
- Annual accounts 2023filed on 16-07-2024
- Annual accounts 2022filed on 05-07-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 13-07-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about S.A.P.I.A.
- What is the company number of S.A.P.I.A.?
- The company number of S.A.P.I.A. is 0466.504.573. The VAT number is the same number with BE in front: BE 0466.504.573.
- Where is S.A.P.I.A. based?
- The registered office is at Arme-Klarenstraat 10, 8800 Roeselare.Company details
- What does S.A.P.I.A. do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of S.A.P.I.A.?
- The legal form of S.A.P.I.A. is Public limited company (NV).
- When was S.A.P.I.A. founded?
- S.A.P.I.A. was founded on 09-07-1999.
- Is S.A.P.I.A. still active?
- Yes, S.A.P.I.A. is an active enterprise in the KBO register.
- What is the turnover of S.A.P.I.A.?
- The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €28,258 and 68 comparable companies (NACE 70200). It probably lies between €45,000 and €110,000.Financials
- Is S.A.P.I.A. profitable?
- In financial year 2025, S.A.P.I.A. made a profit of €41.
- Where can I find the annual accounts of S.A.P.I.A.?
- S.A.P.I.A. filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of S.A.P.I.A. due?
- S.A.P.I.A. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to S.A.P.I.A.
Comparable companies
These companies have the same main activity as S.A.P.I.A.: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €434,000 and €494,000, founded between 1997 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| S.A.P.I.A. Roeselare | €480,852 | €28,258 |
| ACTIV Roeselare | €433,543 | €29,611 |
| JURIT CONSULT Schilde | €493,709 | €27,647 |
| PPS-CONSULT Antwerpen | €455,464 | €28,432 |
| AFT Services & Consulting Begijnendijk | €490,090 | €28,428 |
| VALUE ADDED EUROPE Sint-Pieters-Woluwe | €484,127 | €31,412 |
| DRT CONSULT Lasne | €444,897 | €25,550 |
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