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Apryse Group

Active
Public limited companyfounded 2008active for 18 yearsTechnologiepark-Zwijnaarde 122, 9052 Gent, Belgium21 active companies are registered at this addressKBO/BCE: BE 0895.263.973
Summary

Apryse Group has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72.6m and a net result of €34.8m. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 72% of 217 sector peers (NACE 58, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
Apryse GroupActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Other software publishing
NACE 58290Computer programming NACE 62100
2nd largest company by total assets in East Flanders, Publishing and media sector1 site
Size
€55.6mturnover 2024
Staff
23 FTE
Equity
€72.6m
Profit
€34.8m
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
Apryse · 100%
Holdings
3
Auditor: KPMG Réviseurs d'Entreprises2025 accounts not filed, 89 days past the deadline
Why 57raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 425 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 29-09-2026)lowers riskSize: turnover €55.6m, 23 FTE, total assets €108.3mFounded in 2008Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 76% of its sector peers (NACE 58, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 92+5
equity 67.0% of total assets
Liquidity 45+12
short-term debt 30.5% · cash 5.9%
Profitability 100=
return on assets 32.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (108 companies, NACE 58, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%▲ +0.2 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 2.4%▲ +1.7 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.2%▼ -0.2 percentage points vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 3.1%● unchanged vs 08-2026highest value 10-2026: 0.7%▼ -2.4 percentage points vs 09-2026
Credit of up to €4,100,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.19, compared with 2.53 in 2023, above the usual 1.5; short-term debt: 30.5% and cash: 5.9% of total assets), and 33% 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 58, small): better than 77% on solvency, 38% on liquidity, 97% on profitability and 94% on growth.

The bankruptcy probability was computed on 27-10-2026 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 risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 425 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 29-09-2026)
NBB · annual accounts
lowers risk · Size: turnover €55.6m, 23 FTE, total assets €108.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 425 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2026, 425 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
425 days late
2023
505 days late
2022
73 days late
2021
25 days late
2020
9 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 170 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Permanent representatives: Mike Boonen and Jos…Power of attorney
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Equity rose in 2024from €37.7m to €72.6m ▲ 92.3% View
  • Positive: Among the best 5% on net resultsector median €9,020 · 219 companies €34.8m View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Controlled by Apryseultimately: Apryse Parent LP 100% View
  • Positive: 4 years of growth in a rowturnover 2024: €55.6m 4 years View

By topic

Financials

Financial year
2024
Turnover
€55.6m
Profit
€34.8m
Solvency
67.0%
Turnover▲ 60.7%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
Apryse · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • Cassidy SMIRNOWDirector
  • Kenneth SaundersDaily manager
Go to Board & ownership

Network & group

Group
Apryse Parent LP
Subsidiaries
3
Connected companies
1

3 subsidiaries

Go to Network & group

Timeline

Events
57
Since
2010
  1. 19-05-2025Permanent representatives: Mike Boonen and Olivier Declercq
  2. 11-03-2025Resignations & appointments
  3. 31-12-2024Highest result from 2018 to 2024
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other software publishingNACE 58290
Founded
28-01-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
6
Who signs
Each director alone
Annual meeting
First Monday of June
Purpose
“Het ontwikkelen en onderhouden van software (in hoofdzaak Free/Open Source Software) en…” (deed in Dutch)
Go to Articles of association

Key facts about Apryse Group

What is the company number of Apryse Group?
0895.263.973. In Belgium the VAT number is the company number with BE in front: BE 0895.263.973.
Where is Apryse Group based?
The registered office is at Technologiepark-Zwijnaarde 122, 9052 Gent.Company details
What does Apryse Group do?
According to the KBO register, the main activity is other software publishing (NACE 58290).
What is the legal form of Apryse Group?
Public limited company (NV).
When was Apryse Group founded?
On 28-01-2008.
Is Apryse Group still active?
Yes, Apryse Group is an active enterprise in the KBO register.
How many employees does Apryse Group have?
On average 23 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Apryse Group?
€55.6m in financial year 2024, according to the filed annual accounts.
Is Apryse Group profitable?
In financial year 2024, Apryse Group made a profit of €34.8m.
Where can I find the annual accounts of Apryse Group?
Apryse Group filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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