Financials
- Fiscal year
- 2024
- Total assets
- €2,779
- Loss
- -€604
- Solvency
- 100.0%
SAPCA Management
ActiveSummary
The computed 12-month bankruptcy probability of SAPCA Management is 4.5% (elevated). The 2024 annual accounts show equity of €2,779 and a net result of -€604. Its solvency ranks better than 95% of 4626 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220
Size
€2,779total assets 2024
- Equity
- €2,779
- Loss
- -€604
Structure
Accounts filed 119 d late0 of 2 deeds read
Why 40- Figures for FY 2024 (filed 02-12-2025)- 1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 late- 1 change of registered office in 24 months+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
40
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 62% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
100
equity 100.0% of total assets
Liquidity
100
cash 100.0%
Profitability
0
return on assets -21.7%
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%lowest value
12-2024: 0.6%▲ +2.0% vs 11-2024
01-2025: 0.6%▲ +1.6% vs 12-2024
02-2025: 0.6%▲ +1.8% vs 01-2025
03-2025: 0.7%▲ +12.1% vs 02-2025
04-2025: 0.7%● 0.0% vs 03-2025
05-2025: 0.8%▲ +14.4% vs 04-2025
06-2025: 1.6%▲ +92.9% vs 05-2025
07-2025: 1.5%▼ -2.7% vs 06-2025
08-2025: 1.6%▲ +1.6% vs 07-2025
09-2025: 1.7%▲ +11.1% vs 08-2025
10-2025: 1.7%● 0.0% vs 09-2025
11-2025: 1.7%● 0.0% vs 10-2025
12-2025: 1.7%▼ -0.6% vs 11-2025
01-2026: 1.1%▼ -37.7% vs 12-2025
02-2026: 1.1%● 0.0% vs 01-2026
03-2026: 1.1%▲ +3.1% vs 02-2026
04-2026: 1.2%▲ +8.2% vs 03-2026
05-2026: 1.1%▼ -8.6% vs 04-2026
06-2026: 1.0%▼ -5.6% vs 05-2026
07-2026: 1.1%▲ +2.6% vs 06-2026
08-2026: 1.7%▲ +62.7% vs 07-2026
09-2026: 2.3%▲ +33.7% vs 08-2026
10-2026: 4.5%▲ +96.1% vs 09-2026highest value
- Figures for FY 2024 (filed 02-12-2025) raises the probability
- Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 late raises the probability
- 1 change of registered office in 24 months raises the probability
No publishable credit limit; credit only on tighter terms
balance sheet total too small for a liquidity verdict.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 86%, liquidity 97%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 119 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 27-11-2025Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 03-10-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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