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THEAPI

Active Private limited companyfounded 2022active for 4 yearsRue des Garennes 6, 7050 JurbiseKBO/BCE: BE 0788.911.985

Lifetime

4 annual accounts with figures on one time axis
peak €32,665 (2024)
€32,360▼ 0.9%
peak €24,313 (2024)
€24,103▼ 0.9%
peak €55,482 (2024)
€7,103▼ 87.2%
€25,864▲ 81.5%
Board1 name since 2022
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Dividend €72,482Equity from €55,482 to €7,103Debts from €14,248 to €25,864Cash from €50,354 to €10,295

Key points

from the 2025 annual accounts

Equity

€7,103 from €55,482 in 2024

Equity fell by 87% in 1 year.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€25,864 78% of the balance sheet
Suppliers 19%Taxes and wages 65%Other 15%

Liquidity

1.01 was 4.32 in 2024

Short-term debts rose from €14,248 to €25,864.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2024 accounts came latest: 231 days after the end of the period.

Position in the sector

€7,103

Less equity than 85% of companies in computer programming and consultancy. Sector median €69,065 · 21,223 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,976 companies had the same profile as THEAPI has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for THEAPI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 26-07-2022
  • 1,000 sharesdeed of 28-07-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0788911985
Incorporation Founding capital of €2,000, 1,000 shares · Founder: · Appointment: (director) · published on 28-07-2022 · Gazette deed
First establishment Rue des Garennes 6, Jurbise
All 9 events

Comparable companies

same main activity, similar in size and age
Company
THEAPI Jurbise €32,967 €32,360 21.5% -
KONFER Mons €36,221 €38,350 64.6% -
DIGIDELTA Brussels €34,586 €31,906 71.8% -
KTR Consult Leuven €35,930 €31,213 19.2% -
Over & Uit Ghent €33,571 €29,116 99.5% -
MLG Group Forest €29,389 €34,808 42.9% -
QOSMIC Zaventem €39,788 €30,189 42.8% -

These companies have the same main activity as THEAPI: computer programming (NACE 62100). They are comparable in size and age: total assets between €29,400 and €39,800, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 26-07-2022Normal situation
Activity
Computer programmingNACE 62100and 2 others
Establishment unit
2.333.854.5437050 Jurbise, since 26-07-2022
Financial year end
31 December
Peppol
Reachable since 17-10-2025
Company details

Annual accounts 2025

€32,967▼ 52.7%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on THEAPI

THEAPI files the micro format. That format states no turnover. The gross margin rose from €12,950 in 2022 to €32,360 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THEAPI

What is the company number of THEAPI?
The company number of THEAPI is 0788.911.985. The VAT number is the same number with BE in front: BE 0788.911.985.
Where is THEAPI based?
The registered office is at Rue des Garennes 6, 7050 Jurbise.Company details
What does THEAPI do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of THEAPI?
THEAPI is a private limited company (BV).
When was THEAPI founded?
THEAPI was founded on 26-07-2022.
Is THEAPI still active?
Yes, THEAPI is an active enterprise in the KBO register.
What is the turnover of THEAPI?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €32,360 and 84 comparable companies (NACE 62). It probably lies between €83,000 and €140,000.Financials
Is THEAPI profitable?
In financial year 2025, THEAPI made a profit of €24,103.
Where can I find the annual accounts of THEAPI?
THEAPI filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THEAPI due?
THEAPI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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