APY
ActiveSummary
APY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €44k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 10.4 against 19.28 in 2024; short-term debt: 8.2% and cash: 18.2% of total assets), and 8.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.8%
Return on assets
47.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
35 d early
2022
4 d late
2021
31 d late
2020
47 d early
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 34.7%
2024 · €129k
2018: €31k
2019: €72k
2020: €36k
2021: €52k
2022: €54k
2023: €93k
2024: €129k
2018 → 2025
Total assets
€91k▼ 32.5%
2024 · €136k
2018: €55k
2019: €106k
2020: €134k
2021: €308k
2022: €173k
2023: €105k
2024: €136k
2018 → 2025
Net result
€44k▲ 22.6%
2024 · €36k
2018: €34k
2019: €43k
2020: €33k
2021: €44k
2022: €92k
2023: €40k
2024: €36k
2018 → 2025
Working capital
€70k▼ 43.4%
2024 · €124k
2018: €26k
2019: €72k
2020: €36k
2021: €231k
2022: €54k
2023: €93k
2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€54k▲ 4.3%€93k▲ 73.6%€129k▲ 38.1%€84k▼ 34.7%
Operating result€59k-€123k▲ 108%€53k▼ 57.1%€47k▼ 10.1%€58k▲ 22.0%
Net result€44k-€92k▲ 112%€40k▼ 57.1%€36k▼ 10.1%€44k▲ 22.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€14k ▲ 192%
Current assets
€78k ▼ 40.7%
Equity and liabilities €91k
Equity
€84k ▼ 34.7%
Debt
€7k ▲ 9.9%
Debt's share of the balance-sheet total rises from 5.0% to 8.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
10.40▼
2024 · 19.28
Debt to equity
0.09▲
2024 · 0.05
ROE
51.9%▲
2024 · 27.6%
ROA
47.6%▲
2024 · 26.2%
Debt ≤ 1 year
€7k▲
2024 · €7k
Income taxes
€14k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€136k€91k▼
Fixed assets21/28€5k€14k▲
Tangible fixed assets22/27€5k€14k▲
Plant, machinery and equipment23-€6k
Furniture and vehicles24€5k€7k▲
Financial fixed assets28€98€98=
Current assets29/58€131k€78k▼
Amounts receivable within one year40/41€51k€61k▲
Trade receivables40€50k€47k▼
Other amounts receivable41€2k€14k▲
Cash at bank and in hand54/58€78k€17k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€136k€91k▼
Equity10/15€129k€84k▼
Contributions10/11€19k€19k=
Reserves13€22k€22k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€88k€44k▼
Amounts payable17/49€7k€7k▲
Amounts payable within one year42/48€7k€7k▲
Financial debts43€3-
Credit institutions430/8€3-
Trade debts44€838€483▼
Suppliers440/4€838€483▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€87€90▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€218-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€49k€59k▲
Operating profit (loss)9901€47k€58k▲
Financial charges65/66B€317€616▲
Recurring financial charges65€317€616▲
Profit (loss) for the period before taxes9903€47k€57k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€36k€44k▲
Profit (loss) for the period to be appropriated9905€36k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€132k▲
Profit (loss) brought forward from the previous period14P€53k€88k▲
Profit to be distributed694/7-€88k
Return on contributions (dividend)694-€88k
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 19.28
Current ratio from 9.27 to 19.28; short-term debt falls from €11k to €7k.
31-12
Financial
Equity above €100kEq €129k ▲38.1%
7 profitable years in a row build equity to €129k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 9.27
Current ratio from 1.45 to 9.27; short-term debt falls from €119k to €11k.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Highest result since 2018net €92k ▲112%
Operating result €123k, net result €92k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.04
Current ratio from 1.36 to 4.04; short-term debt falls from €98k to €76k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €33k ▼23.3%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
Show earlier events
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
25-05
State Gazette act
General meeting · Legal-form conversion
Director resignation · Permanent representative
25-05
State Gazette act
General meeting · Legal-form conversion
Director resignation · Unavailable equity
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 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 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Court-Saint-Etienne · 1 establishment unit since 2017
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.
Rue de Mérivaux 81490 Court-Saint-EtienneGround area
2,344 m²
Building footprint
118 m²
Volume, LiDAR
1,186 m³
Parcel 25023H0176/00P002, Wallonia · tallest building 21.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
APY
since 20172.270.941.729
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0176/00P002 | Wallonia | 2,344 m² | 1 · 117 m² | 21.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
VF Consulting
BE 0743.806.787
Willebroek · Eq €84,046
GembaNation
BE 1005.146.167
Kortrijk · Eq €84,011
YALIDA
BE 0823.449.925
Sint-Gillis (bij-Brussel) · Eq €84,050
Sophior
BE 0503.884.712
Antwerpen · Eq €84,005
Meba Management
BE 0803.124.069
Soignies · Eq €84,057
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.