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A+

Active Risk: not assessed Private limited companyfounded 2013active for 13 yearsBrandstraat 22, 9160 LokerenKBO/BCE: BE 0537.374.060 subsidiary of Climate Pioneers#2 company by equity in Lokeren, Telecoms and IT sector
Part of the group SOFINDEV V 47 companies in 5 countries
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Lifetime

13 annual accounts with figures on one time axis
peak €506,321 (2023)
-not published
lowest -€1.2m (2024)
-€475,234▲ €745,174
peak €11.4m (2023)
€9.7m▼ 4.7%
€1.3m▲ 43.4%
peak 2.8 FTE (2024)
1.8 FTE▼ 35.7%
Board5 names since 2022
2 directorsFARINOTTI and 1 other
Owners
Documentsfilings and deeds
28-08-202628 days late
2025financial year
Turnover from €1.4m to €522,127Loss of €475,234Staff from 2.8 FTE to 1.8 FTEAppointment: Moore Audit BV (statutory auditor) 16-12Debts from €934,105 to €1.3m

Key points

from the 2025 annual accounts

Losses

-€1.7m in two years
-1.22024-0.52025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Turnover

€522,127 ▼ 61.7%
€1.4m2024€522,0002025

Turnover fell in 2025 from €1.4m to €522,127.

Securities

€27.4m

Pledge on the business, new in 2025. 2.8 times equity · not in the 2024 accounts.

Payment terms

364 days to suppliers
Suppliers
35 to 364
Customers
19 to 111

A+ pays its suppliers 329 days later than in 2024. Customers pay 92 days later.

Position in the sector

-€475,234

Lower net result than 91% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.

2025 accounts filed 28 days after the deadlineHolding: outside the score modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
4 days late
2023
131 days late
2022
27 days early
2021
40 days early
2020
38 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 4 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

F
Managing director, Sébastien Farinotti
CP
Director, VAN RAEMDONCK Luc Leon Blanca, since 21-02-2023
MA
Auditor, Wendy Van der Biest

Shares in 7 companies, including ARCO and ARCO PIPING

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0537374060
Merger: A+ takes over ARCO PIPING The company holds all the shares of ARCO PIPING · The company holds all the shares of COOL HOLDING · Gazette deed
Merger proposal: A+ takes over ARCO PIPING Permanent representatives: Sébastien Farinotti and Luc Van Raemdonck · The company holds all the shares of ARCO PIPING · The company holds all the shares of COOL HOLDING · Gazette deed
Appointment: Moore Audit BV (statutory auditor) General meeting of 30-06-2025 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
A+ Lokeren €0.5m -94.8% 87.9% 1.8
CREDO HOLDING Beveren €1.6m 0.2% 38.0% 2
ENGAGOR Ghent €2.0m 36.4% 97.7% 2.6
Chevin Fleet Solutions Antwerp €1.2m 15.4% 79.2% 3
OBJECTIVE Wichelen €2.0m 57.8% 28.0% 3.7
INVIBES ADVERTISING Ghent €4.0m - 74.4% 3.1
i-Move Edegem €0.9m 27.8% 62.2% 0
-10%0%10%20%€500,000€5m€50m€500m€5bnA+EBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as A+: computer programming (NACE 62100). They are comparable in size and age: total assets between €13m and €18m, founded between 2006 and 2014.

Official details

Source: KBO
Status
Active since 08-08-2013Normal situation
Activity
Computer programmingNACE 62100and 4 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.221.949.3069160 Lokeren, since 08-08-2013
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€11.1m▼ 0.6%
Employeeson 31-12-2025
2▼ 33.3%
Filing
Filed on 28-08-2026
Financials

Companies linked to A+

Insights on A+

A+ has existed since 2013. In 2017 the gross margin rose from €101,238 to €394,077.

Climate Pioneers holds all the shares. In January 2023, the Official Gazette published the appointment of FARINOTTI as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about A+

What is the company number of A+?
The company number of A+ is 0537.374.060. The VAT number is the same number with BE in front: BE 0537.374.060.
Where is A+ based?
The registered office is at Brandstraat 22, 9160 Lokeren.Company details
What does A+ do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of A+?
A+ is a private limited company (BV).
When was A+ founded?
A+ was founded on 08-08-2013.
Is A+ still active?
Yes, A+ is an active enterprise in the KBO register.
How many employees does A+ have?
A+ had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does A+ fall under?
In its 2025 annual accounts, A+ states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of A+?
The turnover of A+ was €522,127 in financial year 2025, according to the filed annual accounts.
Is A+ profitable?
In financial year 2025, A+ made a loss of €475,234.
Where can I find the annual accounts of A+?
A+ filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of A+ due?
A+ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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