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THEAPI

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

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

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

€32,360▼ 0.9%
€24,103▼ 0.9%
€7,103▼ 87.2%
€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.

Financials

Annual accounts 2025

micro format, filed on 26-06-2026, 35 days before the deadline
€32,360
▼ 0.9%
€30,897
▼ 3.3%
€24,103
▼ 0.9%
€330
▼ 99.3%
21.5%
▼ 58.0 percentage points
1.01
▼ 3.30

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €83,000 and €140,000.

Balance sheet

balance sheet total €32,967 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

21.5%

Higher than 22% of 21,217 companies in 2025.

1.01

Higher than 18% of 20,581 companies in 2025.

73.1%

Higher than 95% of 20,756 companies in 2025.

THEAPI Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 32,96769,72961,94028,520
21/28 6,7738,236--
22/27 6,7738,236--
23 1,1871,997--
24 5,5866,239--
29/58 26,19461,49361,94028,520
40/41 15,89910,2689,6809,196
40 10,30110,2689,6809,196
41 5,598---
54/58 10,29550,35452,26019,324
490/1 -872--
Balance sheet: equity and liabilities
10/49 32,96769,72961,94028,520
10/15 7,10355,48231,16910,984
10/11 2,0002,0002,0002,000
14 5,10353,48229,1698,984
17/49 25,86414,24830,77217,536
42/48 25,86414,24830,77217,536
44 5,0311,49416,6738,457
440/4 5,0311,49416,6738,457
45 16,83312,72213,2998,279
450/3 12,52012,72213,2998,279
454/9 4,313---
47/48 4,00032800800
Income statement
9900 32,36032,66528,65912,950
630 1,463724--
640/8 --26-
9901 30,89731,94228,63312,950
75/76B 677--0
75 677--0
65/66B 12416638-
65 12413038-
66B -36--
9903 31,45031,77628,59512,950
67/77 7,3477,4637,6103,166
9904 24,10324,31320,9859,784
9905 24,10324,31320,9859,784
Appropriation of the result
9906 77,58453,48229,9699,784
14P 53,48229,1698,984-
694/7 72,482-800800
694 72,482-800800
Document PDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00218174 PDF
31-12-2024 micro format 19-03-2026 2026-00061095 PDF
31-12-2023 micro format 05-06-2024 2024-00113221 PDF
31-12-2022 micro format 10-08-2023 2023-00325774 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
32,36032,665--
25,56625,037--
08,959--
-40,058-1,90732,936-
33047,24631,16910,984
21.5%79.6%50.3%38.5%
1.014.322.011.63
3.640.260.991.60
339.3%43.8%67.3%89.1%
73.1%34.9%33.9%34.3%
over 100over 100--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets-€8,959--
€1,463€724--

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on THEAPI

The operating result for 2025 is 3% lower than in 2024.

Debt's share of the balance-sheet total rises from 20.4% to 78.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 26-07-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 26-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-07-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), from 26-07-2022 to date

See the board, name and registered office on a given date →

Control

Founder
This company
THEAPI
Equity €7,103
Profit €24,103 in 2025

Capital

Contribution
€2,000
Shares
1,000
Contribution per share
€2
Equity per share
€7.10 in 2025
Source
deed of 28-07-2022

Articles of association

deed of 28-07-2022 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00

Shareholders

At incorporation deed of 28-07-2022 ↗
  • 1,000 shares (100%) · €2,000 in cash

Network & group

No group

THEAPI has no parent and no holdings in its annual accounts. is the only director. THEAPI shares no director with another company.

Timeline

Timeline

9 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
Annual accounts 2024 filed PDFmicro format · 231 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788911985
2024
Highest result from 2022 to 2025 net €24,313 ▲15.9% The operating result of €31,942 and the net result of €24,313 are both a record.
Liquidity more than doubled current ratio 4.32 The current ratio rises from 2.01 to 4.32. Short-term debt falls from €30,772 to €14,248.
Annual accounts 2023 filed PDFmicro format · 56 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 10 days late
2022
IncorporationFounding capital of €2,000, 1,000 shares · Founder: · Appointment: (director) · published on 28-07-20225 points ▸
  • Founder,
  • Founding capital, €2,000, 1,000 shares
  • Registered office clause, rue des Garennes 6, 7050 Jurbise
  • Board rule, 1
  • Director appointment, (director (not named in the articles))
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue des Garennes 6, Jurbise

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 26 July 2022, THEAPI was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 has served as director since 2022.3 Total assets went from €28,520 in 2022 to €32,967 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-07-2022
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0788.911.985
VAT number
BE 0788.911.985
Peppol ID
0208:0788911985
Other Peppol ID
9925:BE0788911985
Legal form
Private limited company
Status
Active, normal situation
Founded
26-07-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 28-07-2022 (in French)
Peppol
Reachable since 17-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
THEAPI in French
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 28-07-2022 (in French)

Activities

NACEBEL 2025
62100 Computer programming main activity
62200 Computer consultancy and computer facilities management
62900 Other information technology and computer services
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62020 IT consultancy
62030 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Tout ce qui a trait à la fonction du développement IT fullstack et notamment le codage, dans le sens le plus large du terme, permettant…”
17 activities
  1. Tout ce qui a trait à la fonction du développement IT fullstack et notamment le codage, dans le sens le plus large du terme, permettant l’écriture de programmes informatiques, la réalisation de la programmation d’un site ou d'une application web et/ou mobile et la gestion d'un projet de création allant du développement à la production ;
  2. Toutes activités dans le domaine du graphisme, du web design et de l'infographie, ainsi que la conception, le développement, l’hébergement, la mise en place, la maintenance de sites Web, la conception, la création, la réalisation, l'implémentation de matériel graphique, vidéo, dessin, de layouts internet, de supports de communication ou d'images, de marques visuelles, sonores et multimédias, par tout type de moyens ;
  3. L’assistance aux entreprises, ou aux particuliers : conseil, assistance à la gestion et au management, organisation, gestion de projets, gestion de la sécurité, support aux départements comptables, financier, commercial ou de recherche, le conseil en ressources humaines ainsi que le coaching individuel ou en entreprise ;
  4. Toutes activités de recrutement et de placement, la gestion de ressources humaines ;
  5. La fabrication et commercialisation de matériels informatiques, de système d’exploitation et de progiciels, périphériques pour dito, y compris pour systèmes embarqués, domotique ;
  6. La conception, réalisation et gestion d’infrastructure informatique tant au niveau matériel que logiciel (réseau, serveur, téléphonie, printing, 3D printing, etc);
  7. L’expertise informatique, consultance, étude d’opportunité, de fiabilité et choix de matériel et de logiciel ;
  8. L’écolage en informatique, y compris sous forme de syllabus, de logiciels, de cours à distance ou assistés.
  9. Le management de projets;
  10. La création, la production, la diffusion, la vente, la promotion de tout matériel audio-visuel, de photographies, créations graphiques, publicitaires et artistiques, montages audio-visuels, de site Web, la publicité, sur tout type de matériel, ainsi que l’assistance nécessaire à la réalisation de projets divers en ces matières et de manière générale toutes les activités liées à la photographie, ou à l’audiovisuel en ce compris l’exploitation de tous produits concernant la photographie, la restauration d’images, les retouches, la numérisation de négatifs, la conception d’installation, la prise de vue, l’exploitation d’un laboratoire, la vente de matériel, formation et toutes autres activités liées à la photographie, la vidéo et à la photographie 3D. Elle pourra ainsi réaliser, produire et mettre à disposition des vidéos et des photos, ainsi que louer et mettre à disposition du matériel vidéo, photo, et informatique ;
  11. Tous travaux de menuiserie et ébénisterie générale, l'achat, la vente, l'import, l'export, la pose et en général tout ce qui se rapporte à la menuiserie, charpente et ébénisterie de tous bâtiments et notamment tout ce qui se rapporte aux châssis, vérandas, portes intérieures, portes blindées, porte extérieures, escaliers, planchers, volets, cloisons, faux plafonds, placards, plinthes, toitures, velux, isolation thermique et acoustique, meubles de salles de bains, cuisines équipées, aménagements de boutiques et magasins de petites et grandes surfaces, restauration, fabrication et réparation de mobilier en tout genre.
  12. La psychologie et la gestion des ressources humaines;
  13. Toute activité liée de près ou de loin à la santé mentale et psychologique ;
  14. Le coaching;
  15. L’organisation et la promotion de l’enseignement scientifique de type universitaire et des écoles supérieures;
  16. L’organisation et la promotion de toutes activités ayant pour but l’épanouissement physique, psychologique et social de l’être humain;
  17. Le développement d’activités de formation, d’encadrement et de supervision psycho-socio-relationnelle, éducatives et pédagogiques.
deed of 28-07-2022 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue des Garennes 6 registered office 7050 Jurbise 26-07-2022 2.333.854.543

Buildings and parcels at the address

Ground area
1,429 m²
Buildings
94 m²
Volume, LiDAR
441 m³
Tallest building
6.9 m
Buildings to scale, each on its own parcel
94 m², 6.9 m 94 m², 6.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
53040C0869/00K0001,429 m² 1 · 94 m² 6.9 m · 2

Contact

E-mail thomas@skwarel.com
Phone +32 474 55 47 85

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