THE APPLI TREE
ActiveThe annual accounts of THE APPLI TREE for fiscal year 2025 show a net loss of 111% of total assets and of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-15k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 54% of 17022 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency89▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.64 against 2.86 in 2024; short-term debt: 36% and cash: 9.5% of total assets), and 36% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
64%
Return on assets
-111.2%
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 €-15k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
16 d early
2023
7 d late
2022
33 d early
2021
33 d early
2020
1 d early
2019
4 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 63.5%
2024 · €24k
2018: €26k
2019: €5k
2020: €22k
2021: €22k
2022: €40k
2023: €31k
2024: €24k
2018 → 2025
Total assets
€13k▼ 62.2%
2024 · €36k
2018: €30k
2019: €7k
2020: €25k
2021: €27k
2022: €48k
2023: €36k
2024: €36k
2018 → 2025
Net result
€-15k▼ 110%
2024 · €-7k
2018: €-11k
2019: €-22k
2020: €9k
2021: €82
2022: €17k
2023: €-9k
2024: €-7k
2018 → 2025
Working capital
€8k▼ 64.5%
2024 · €22k
2018: €25k
2019: €4k
2020: €21k
2021: €21k
2022: €39k
2023: €29k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€40k▲ 78.6%€31k▼ 22.8%€24k▼ 23.2%€9k▼ 63.5%
Operating result€364-€18k▲ 4,718%€-9k€-6k▲ 29.0%€-13k▼ 110%
Net result€82-€17k▲ 21,037%€-9k€-7k▲ 21.6%€-15k▼ 110%
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 €13k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€669▼ 43.7%
Current assets
€13k▼ 62.8%
Equity and liabilities €13k
Equity
€9k▼ 63.5%
Debt
€5k▼ 59.7%
The debt ratio rises from 33.8% to 36.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €-6k
Cash flow
€-14k▼
2024 · €-6k
Solvency
64.0%▼
2024 · 66.2%
Current ratio
2.64▼
2024 · 2.86
Quick ratio
2.64▼
2024 · 2.86
Debt / equity
0.56▲
2024 · 0.51
ROE
-173.8%▼
2024 · -30.2%
ROA
-111.2%▼
2024 · -20.0%
Interest coverage
-6.34▲
2024 · -7.25
Debt
€5k▼
2024 · €12k
Debt ≤ 1 year
€5k▼
2024 · €12k
Income taxes
€143▲
2024 · €93
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€36k€13k▼
Fixed assets21/28€1k€669▼
Tangible fixed assets22/27€1k€669▼
Plant, machinery and equipment23€1k€669▼
Current assets29/58€34k€13k▼
Amounts receivable within one year40/41€26k€11k▼
Trade receivables40€23k€0▼
Other amounts receivable41€2k€11k▲
Cash at bank and in hand54/58€9k€1k▼
Deferred charges and accrued income490/1-€693
Equity and liabilities
Total equity and liabilities10/49€36k€13k▼
Equity10/15€24k€9k▼
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-9k€-24k▼
Amounts payable17/49€12k€5k▼
Amounts payable within one year42/48€12k€5k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€6k€376▼
Taxes450/3€6k€376▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630€520▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€575€617▲
Gross operating margin9900€-5k€-7k▼
Operating profit (loss)9901€-6k€-13k▼
Financial income75/76B€0€278▲
Recurring financial income75€0€278▲
Financial charges65/66B€776€2k▲
Recurring financial charges65€776€2k▲
Profit (loss) for the period before taxes9903€-7k€-15k▼
Income taxes67/77€93€143▲
Profit (loss) for the period9904€-7k€-15k▼
Profit (loss) for the period to be appropriated9905€-7k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-24k▼
Profit (loss) brought forward from the previous period14P€-2k€-9k▼
The notes to these accounts (6 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €17k ▲21037%
Operating result €18k, net result €17k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 9.17
Current ratio from 2.93 to 9.17.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gingelom · 1 establishment unit since 2012
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.
Kriekelstraat 12C3890 GingelomGround area
8,928 m²
Building footprint
2,066 m²
Volume, LiDAR
15,554 m³
2 parcels, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THE APPLI TREE
since 20122.209.958.720
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71008A0296/00P000 | Flanders | 8,359 m² | 1 · 1,937 m² | 13.7 m · 3 fl. |
| 71017B0242/00H000 | Flanders | 569 m² | 1 · 128 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 8,788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.