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APIPRO MAINTENANCE SYSTEMS

Active
Public limited companyfounded 1997active for 29 yearsMeerbos 2, 9260 Wichelen, Belgium13 active companies are registered at this addressKBO/BCE: BE 0459.788.314
Summary

APIPRO MAINTENANCE SYSTEMS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €774,358 and a net result of €122,261. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 13% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow ReportCompare
APIPRO MAINTENANCE SYSTEMSActiveChecked score 63/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of information and communication equipment
NACE 46500Computer consultancy and computer facilities management NACE 62200
Largest company by total assets in Wichelen, Wholesale and retail trade sector1 site
Size
≈ €8.1mturnover 2025, estimated
Staff
10 FTE
Equity
€774,358
Profit
€122,261
Turnover estimated from the gross margin
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Parent
API Maintenance Systems · 99.93%
2025 accounts 9 days early5 of 16 deeds summarised
Why 63raises riskLiquidity: current ratio 1.06, cash €0, halvedEquity €774,358 (10.2% of total assets)1 of the last 3 latelowers riskFounded in 1997Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 30% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 35+1
equity 10.2% of total assets
Liquidity 3+1
short-term debt 84.9% · cash 0.0%
Profitability 37+11
return on assets 1.6%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,374 companies, NACE 46, small)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 1.7%▼ -1.3 percentage points vs 05-2025 07-2025: 2.0%▲ +0.3 percentage points vs 06-2025 08-2025: 1.5%▼ -0.5 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 1.4%▼ -0.2 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.06, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 84.9% and cash: 0% of total assets), and 89.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 13% on solvency, 4% on liquidity, 22% on profitability and 81% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.06, cash €0, halved
NBB · annual accounts
raises risk · Equity €774,358 (10.2% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 6158 sector peers (2025).
NBB · sector comparison
Position among 6158 sector peers
Solvency
better than 13%
← weakest strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
7 days early
2023
68 days late
2022
18 days early
2021
54 days early
2020
29 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: Hellen Stein (director)Gazette deed
  3. Back to profitnet €122,261

Key points

  • Positive: Back in profit in 2025after -€10 in 2024 €122,261 View
  • Positive: Largest company by total assets in Wichelen, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Controlled by API Maintenance Systemsknown shareholders 100% 99.93% View

By topic

Financials

Financial year
2025
Total assets
€7.6m
Profit
€122,261
Solvency
10.2%
Total assets▲ 9.4%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
API Maintenance Systems · 99.93%
Known shareholders
100%
  • Irena MajumdarDirector
  • Hellen SteinDirector
Go to Board & ownership

Timeline

Events
37
Since
1998
Next accounts
by 31-07-2027
  1. 24-07-2025Annual accounts filed
  2. 05-03-2025Appointment: Irena Majumdar (director)
  3. 04-03-2025Amendment of the articles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of information and communication equipmentNACE 46500
Founded
20-01-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Third Thursday of May at 14:00
Purpose
“Het kopen en verkopen van software en het verlenen van softwareondersteuning en…” (deed in Dutch)
Go to Articles of association

Key facts about APIPRO MAINTENANCE SYSTEMS

What is the company number of APIPRO MAINTENANCE SYSTEMS?
0459.788.314. In Belgium the VAT number is the company number with BE in front: BE 0459.788.314.
Where is APIPRO MAINTENANCE SYSTEMS based?
The registered office is at Meerbos 2, 9260 Wichelen.Company details
What does APIPRO MAINTENANCE SYSTEMS do?
According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
What is the legal form of APIPRO MAINTENANCE SYSTEMS?
Public limited company (NV).
When was APIPRO MAINTENANCE SYSTEMS founded?
On 20-01-1997.
Is APIPRO MAINTENANCE SYSTEMS still active?
Yes, APIPRO MAINTENANCE SYSTEMS is an active enterprise in the KBO register.
How many employees does APIPRO MAINTENANCE SYSTEMS have?
On average 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of APIPRO MAINTENANCE SYSTEMS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is APIPRO MAINTENANCE SYSTEMS profitable?
In financial year 2025, APIPRO MAINTENANCE SYSTEMS made a profit of €122,261.
Where can I find the annual accounts of APIPRO MAINTENANCE SYSTEMS?
APIPRO MAINTENANCE SYSTEMS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of APIPRO MAINTENANCE SYSTEMS due?
By 31-07-2027, for financial year 2026.Timeline

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