APC Twin
ActiveThe computed 12-month bankruptcy probability of APC Twin is 5.4% (elevated). The 2025 annual accounts show negative equity (€-138k) and a net result of €-25k. Equity is shrinking by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 10250 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.36 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-169.9%
Return on assets
-31.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€138k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
11 d late
2024
112 d late
2023
139 d late
2022
25 d late
2021
31 d late
2020
89 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k▲ 13.4%
2024 · €-29k
2020: €42k
2021: €-101k
2022: €93k
2023: €-137k
2024: €-29k
2020 → 2025
Working capital
€-148k▼ 11.0%
2024 · €-133k
2020: €51k
2021: €-97k
2022: €17k
2023: €-110k
2024: €-133k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€54k€-83k€-112k▼ 35.4%€-138k▼ 22.6%
Operating result€-101k-€92k€-137k€-30k▲ 78.2%€-21k▲ 29.3%
Net result€-101k-€93k€-137k€-29k▲ 78.6%€-25k▲ 13.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €30k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€10k▼ 51.6%
Current assets
€71k▼ 6.0%
Key figures and ratios
EBITDA
€-10k▲
2024 · €-20k
Cash flow
€-15k▲
2024 · €-19k
Solvency
-169.9%▼
2024 · -116.6%
Current ratio
0.32▼
2024 · 0.36
Quick ratio
0.32▼
2024 · 0.34
Debt / equity
-1.59▲
2024 · -1.86
ROE
18.4%▼
2024 · 26.1%
ROA
-31.3%▼
2024 · -30.5%
Interest coverage
-2.41▲
2024 · -22.84
Debt
€218k▲
2024 · €208k
Debt ≤ 1 year
€218k▲
2024 · €208k
Staff costs
€40k▲
2024 · €38k
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€96k€81k▼
Fixed assets21/28€21k€10k▼
Tangible fixed assets22/27€18k€7k▼
Furniture and vehicles24€14k€4k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€75k€71k▼
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€67k€65k▼
Trade receivables40€16k€14k▼
Other amounts receivable41€51k€51k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€96k€81k▼
Equity10/15€-112k€-138k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-132k€-158k▼
Amounts payable17/49€208k€218k▲
Amounts payable within one year42/48€208k€218k▲
Trade debts44€3k€10k▲
Suppliers440/4€3k€10k▲
Taxes, remuneration and social security45€14k€9k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€8k€8k▲
Other amounts payable47/48€192k€199k▲
Income statement
Code20242025
Remuneration, social security and pensions62€38k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€692€16k▲
Gross operating margin9900€18k€46k▲
Operating profit (loss)9901€-30k€-21k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€875€4k▲
Recurring financial charges65€875€4k▲
Profit (loss) for the period before taxes9903€-29k€-25k▲
Profit (loss) for the period9904€-29k€-25k▲
Profit (loss) for the period to be appropriated9905€-29k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-132k€-158k▼
Profit (loss) brought forward from the previous period14P€-103k€-132k▼
The notes to these accounts (5 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
31-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment5 facts ▸
- General meeting, 12/03/2026
- Director resignation, PEIGNEUR Jean-Luc (administrateur)
- Director appointment, SEMET Séverine (administrateur non statutaire)
- Mandate compensation, SEMET Séverine
- Power of attorney, Fiscal Team
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 112 days late
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 139 days late
2023
31-12
Financial
Weakest financial yearnet €-137k ▼247%
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
SEMET Séverine
CurrentAdministrateur non statutaire · since 06-03-2026
06-03-2026
SEMET Séverine: Appointed as Administrateur non statutaire
06-03-2026
PEIGNEUR Jean-Luc: Resigned as Director
31-12-2024
Eric DE BOECK: Resigned as Director
Location & real-estate footprint
Registered office, Jodoigne · 3 establishment units since 2020
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.
Allée Des Ormes(Jod.) 101370 JodoigneGround area
3,078 m²
Building footprint
1,150 m²
Volume, LiDAR
6,307 m³
3 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
APC Twin
since 20202.299.637.891
Rue Branche-Planchard 170, 4000 Liège
since 20202.299.638.287
Allée Des Ormes(Jod.) 10, 1370 Jodoigne
since 20222.339.446.790
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62042C0149/00M007 | Wallonia | 1,912 m² | 1 · 333 m² | 6.4 m · 2 fl. |
| 25048B0133/00Y004 | Wallonia | 600 m² | 1 · 540 m² | 8.0 m · 2 fl. |
| 25048E0260/00A003 | Wallonia | 566 m² | 1 · 277 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ANDRE STRAGIER
BE 0430.745.920
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CELILI
BE 0674.418.729
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MEGA TEAM
BE 0896.165.182
Estinnes · Eq €54k
Of 1,260 companies in sector 47300 we hold annual accounts for 944. 727 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL
47300Retail sale of automotive fuel
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
45204
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47260Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:twinapc@gmail.com