AP-IC
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadline-€520
▼ €43
-€846
▼ €43
-€893
▼ €63
-€260
▼ €566
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €1,871 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
1,871 | 2,764 | 2,579 | |
20 |
831 | 1,157 | 1,483 | |
29/58 |
1,041 | 1,607 | 1,096 | |
40/41 |
480 | 385 | 284 | |
40 |
- | 87 | - | |
41 |
480 | 298 | 284 | |
54/58 |
561 | 1,222 | 813 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1,871 | 2,764 | 2,579 | |
10/15 |
570 | 1,463 | 2,293 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
-2,430 | -1,537 | -707 | |
17/49 |
1,301 | 1,301 | 287 | |
42/48 |
1,301 | 1,301 | 287 | |
44 |
- | - | 87 | |
440/4 |
- | - | 87 | |
47/48 |
1,301 | 1,301 | 200 | |
| Income statement | ||||
9900 |
-520 | -477 | -559 | |
630 |
326 | 326 | 148 | |
9901 |
-846 | -803 | -707 | |
65/66B |
46 | 27 | - | |
65 |
46 | 27 | - | |
9903 |
-893 | -830 | -707 | |
9904 |
-893 | -830 | -707 | |
9905 |
-893 | -830 | -707 | |
| Appropriation of the result | ||||
9906 |
-2,430 | -1,537 | -707 | |
14P |
-1,537 | -707 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -520 | -477 | -559 | ||
| -566 | -504 | -559 | ||
| 0 | 0 | - | ||
| -662 | 410 | - | ||
| -260 | 306 | 810 | ||
| -11.23 | -17.64 | - |
The ratios are withheld because a balance sheet total of €1,871 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on AP-IC
The operating result for 2025 is a loss of €846, larger than the loss of €803 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 47.1% to 69.5%. Equity is lower.