AP-Technology
Annual accounts 2025
abbreviated format, filed on 25-07-2026, 6 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €32,000. Estimated: probably between €15,000 and €98,000.
Balance sheet
balance sheet total €295,849 on 31-12-2025in euro
Position in the sector
-8.6%
Higher than 12% of 3,406 companies in 2025.
0.68
Higher than 14% of 3,267 companies in 2025.
-8.2%
Higher than 16% of 3,315 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
295,849 | 314,624 | 352,330 | 355,967 | 388,786 | 440,617 | 427,525 | 427,726 | 446,483 | 454,417 | 503,305 | 551,339 | 510,135 | 425,403 | |
21/28 |
258,247 | 275,158 | 286,287 | 307,195 | 325,486 | 332,038 | 361,681 | 364,191 | 391,825 | 417,757 | 451,647 | 484,799 | 458,528 | 171,772 | |
21 |
- | - | - | - | 0 | 953 | 2,068 | 3,183 | 4,298 | 5,414 | 6,695 | 8,016 | 9,131 | 10,579 | |
22/27 |
257,072 | 273,983 | 285,112 | 306,020 | 324,811 | 331,084 | 359,613 | 361,007 | 387,527 | 412,343 | 444,953 | 476,783 | 449,396 | 161,193 | |
22 |
254,223 | 273,983 | 285,112 | 305,557 | 323,886 | 329,696 | 349,584 | 359,340 | 377,956 | 399,219 | 424,580 | 451,113 | 438,056 | 142,153 | |
24 |
2,850 | - | - | 463 | 925 | 1,388 | 10,028 | 1,667 | 9,571 | 13,125 | 20,372 | 25,670 | 11,340 | 19,040 | |
28 |
1,175 | 1,175 | 1,175 | 1,175 | 675 | - | - | - | - | - | - | - | - | - | |
29/58 |
37,602 | 39,466 | 66,043 | 48,773 | 63,299 | 108,580 | 65,844 | 63,535 | 54,658 | 36,660 | 51,658 | 66,540 | 51,607 | 253,631 | |
3 |
1,084 | 1,084 | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
1,084 | 1,084 | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
34,905 | 37,491 | 30,870 | 35,416 | 47,307 | 84,889 | 59,466 | 55,761 | 41,592 | 31,634 | 47,399 | 62,238 | 39,294 | 240,420 | |
40 |
34,905 | 36,635 | 30,870 | 35,416 | 47,307 | 84,889 | 59,466 | 55,761 | 41,592 | 31,634 | 47,399 | 62,238 | 39,274 | 240,420 | |
41 |
- | 857 | - | - | - | - | - | - | - | - | - | - | 19 | - | |
54/58 |
- | 206 | 34,299 | 12,646 | 12,720 | 20,464 | 1,990 | 7,774 | 11,935 | 5,026 | 2,541 | 2,811 | 11,683 | 12,248 | |
490/1 |
1,613 | 684 | 875 | 711 | 3,272 | 3,227 | 4,388 | - | 1,131 | - | 1,718 | 1,490 | 631 | 962 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
295,849 | 314,624 | 352,330 | 355,967 | 388,786 | 440,617 | 427,525 | 427,726 | 446,483 | 454,417 | 503,305 | 551,339 | 510,135 | 425,403 | |
10/15 |
-25,544 | -1,359 | -1,392 | -7,654 | -1,984 | -620 | 5,353 | 4,966 | 48 | -9,525 | -20,940 | -1,369 | 21,506 | 10,506 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-33,604 | -9,419 | -9,452 | -15,714 | -10,044 | -8,680 | -2,707 | -3,094 | -8,012 | -17,585 | -29,000 | -9,429 | 13,446 | 2,446 | |
17/49 |
321,393 | 315,983 | 353,722 | 363,621 | 390,769 | 441,238 | 422,172 | 422,760 | 446,435 | 463,942 | 524,245 | 552,707 | 488,628 | 414,897 | |
17 |
266,100 | 281,811 | 297,739 | 313,579 | 327,672 | 332,801 | 349,507 | 357,725 | 372,049 | 396,674 | 413,414 | 429,484 | 361,730 | 371,161 | |
170/4 |
266,100 | 281,811 | 297,739 | 313,579 | 327,672 | 332,801 | 349,507 | 357,725 | 372,049 | 396,674 | 413,414 | 429,484 | 361,730 | 371,161 | |
42/48 |
55,293 | 34,172 | 34,484 | 50,042 | 63,097 | 108,437 | 72,664 | 65,035 | 74,386 | 67,268 | 110,831 | 123,224 | 126,898 | 43,736 | |
42 |
15,915 | 15,927 | 15,841 | 16,987 | 16,746 | 16,706 | 16,621 | 14,324 | 15,814 | 16,744 | 16,966 | 26,868 | 17,457 | 11,200 | |
43 |
155 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
155 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
12,097 | 10,137 | 3,129 | 6,622 | 12,150 | 50,021 | 10,828 | 8,681 | 5,795 | 7,603 | 21,817 | 29,796 | 42,466 | 20,155 | |
440/4 |
12,097 | 10,137 | 3,129 | 6,622 | 12,150 | 50,021 | 10,828 | 8,681 | 5,795 | 7,603 | 21,817 | 29,796 | 42,466 | 20,155 | |
46 |
- | - | - | - | - | - | - | - | - | - | 1,500 | - | - | - | |
45 |
7,246 | 8,107 | 11,718 | 9,970 | 15,746 | 6,158 | 8,559 | 8,180 | 3,824 | 9,181 | 23,933 | 18,150 | 23,268 | 11,201 | |
450/3 |
7,246 | 8,107 | 11,718 | 9,970 | 15,746 | 6,158 | 8,559 | 8,180 | 3,805 | 4,262 | 22,470 | 18,150 | 23,268 | 11,201 | |
454/9 |
- | - | - | - | - | - | - | - | 19 | 4,919 | 1,462 | - | - | - | |
47/48 |
19,880 | - | 3,795 | 16,463 | 18,455 | 35,551 | 36,655 | 33,850 | 48,953 | 33,740 | 46,615 | 48,410 | 43,707 | 1,180 | |
492/3 |
- | - | 21,500 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
4,580 | 29,671 | 45,063 | 32,794 | 27,870 | 29,288 | 30,283 | 31,820 | 46,906 | 63,304 | 36,065 | 36,920 | 63,444 | 31,200 | |
630 |
16,910 | 16,505 | 20,908 | 21,817 | 22,236 | 21,466 | 25,178 | 21,397 | 31,665 | 33,891 | 35,102 | 36,808 | 31,980 | 17,583 | |
640/8 |
2,691 | 4,557 | 7,241 | 3,477 | 473 | 7,487 | 740 | 593 | 9 | 1,000 | 548 | 1,250 | 773 | 1,000 | |
66A |
3,786 | - | - | 2,646 | - | - | - | - | - | - | - | - | - | - | |
9901 |
-18,808 | 8,608 | 16,914 | 4,854 | 5,162 | 335 | 4,365 | 9,830 | 15,232 | 28,413 | 416 | -1,139 | 30,691 | 12,618 | |
75/76B |
37 | 15 | - | 3 | 90 | 55 | 66 | 85 | - | - | 100 | 23 | 31 | 17 | |
75 |
37 | 15 | - | 3 | 90 | 55 | 66 | 85 | - | - | 100 | 23 | 31 | 17 | |
65/66B |
5,414 | 5,502 | 6,301 | 9,179 | 3,721 | 5,650 | 3,187 | 3,939 | 5,315 | 16,834 | 19,924 | 21,616 | 14,748 | 4,737 | |
65 |
5,414 | 5,502 | 6,301 | 9,179 | 3,721 | 5,650 | 3,187 | 3,939 | 5,315 | 16,834 | 19,924 | 21,616 | 14,748 | 4,737 | |
9903 |
-24,185 | 3,122 | 10,613 | -4,322 | 1,531 | -5,260 | 1,244 | 5,977 | 9,917 | 11,580 | -19,408 | -22,732 | 15,973 | 7,898 | |
67/77 |
- | 3,089 | 4,351 | 1,348 | 2,894 | 714 | 857 | 1,059 | 345 | 165 | 163 | 143 | 4,973 | 3,592 | |
9904 |
-24,185 | 33 | 6,262 | -5,670 | -1,363 | -5,974 | 387 | 4,918 | 9,573 | 11,415 | -19,571 | -22,875 | 11,000 | 4,306 | |
9905 |
-24,185 | 33 | 6,262 | -5,670 | -1,363 | -5,974 | 387 | 4,918 | 9,573 | 11,415 | -19,571 | -22,875 | 11,000 | 4,306 | |
| Appropriation of the result | |||||||||||||||
9906 |
-33,604 | -9,419 | -9,452 | -15,714 | -10,044 | -8,680 | -2,707 | -3,094 | -8,012 | -17,585 | -29,000 | -9,429 | 13,446 | 4,306 | |
14P |
-9,419 | -9,452 | -15,714 | -10,044 | -8,680 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
| Document | |||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-07-2026 | 2026-00342911 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00343410 | |
| 31-12-2023 | full format | 15-07-2024 | 2024-00249799 | |
| 31-12-2022 | full format | 16-07-2023 | 2023-00246484 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20419300 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63400065 | |
| 31-12-2019 | micro format | 21-10-2020 | 2020-62300110 | |
| 31-12-2018 | micro format | 27-09-2019 | 2019-66800237 | |
| 31-12-2017 | micro format | 19-08-2018 | 2018-46800346 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100487 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-50400017 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-53500346 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-52000132 | |
| 31-12-2012 | full format | 23-08-2013 | 2013-45800102 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,898 | 25,113 | 37,821 | 26,671 | 27,398 | 21,801 | 29,543 | 31,227 | 46,897 | 62,304 | 35,517 | 35,669 | 62,671 | 30,201 | ||
| -7,274 | 16,538 | 27,170 | 16,146 | 20,873 | 15,492 | 25,565 | 26,315 | 41,237 | 45,305 | 15,531 | 13,933 | 42,980 | 21,889 | ||
| 0 | 5,376 | 0 | 3,525 | 15,685 | -8,178 | 22,668 | -6,237 | 5,733 | 0 | 1,950 | 72,355 | 318,736 | 12,148 | ||
| - | -34,093 | 21,653 | -74 | -7,744 | 18,474 | -5,784 | -4,161 | 6,909 | 2,485 | -270 | -8,871 | -566 | - | ||
| -17,691 | 5,294 | 31,560 | -1,269 | 202 | 143 | -6,821 | -1,499 | -19,728 | -30,608 | -59,173 | -56,684 | -75,291 | 209,895 | ||
| -8.6% | -0.4% | -0.4% | -2.2% | -0.5% | -0.1% | 1.3% | 1.2% | 0.0% | -2.1% | -4.2% | -0.2% | 4.2% | 2.5% | ||
| 0.68 | 1.15 | 1.92 | 0.97 | 1.00 | 1.00 | 0.91 | 0.98 | 0.73 | 0.54 | 0.47 | 0.54 | 0.41 | 5.80 | ||
| 0.66 | 1.12 | 1.92 | 0.97 | 1.00 | 1.00 | 0.91 | 0.98 | 0.73 | 0.54 | 0.47 | 0.54 | 0.41 | 5.80 | ||
| - | - | - | - | - | - | 78.86 | 85.13 | - | - | - | - | 22.72 | 39.49 | ||
| - | - | - | - | - | - | 7.2% | 99.0% | - | - | - | - | 51.1% | 41.0% | ||
| -8.2% | 0.0% | 1.8% | -1.6% | -0.4% | -1.4% | 0.1% | 1.1% | 2.1% | 2.5% | -3.9% | -4.1% | 2.2% | 1.0% | ||
| -0.35 | 4.56 | 6.00 | 2.91 | 7.36 | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €5,376 | - | €3,025 | €15,010 |
| Financial fixed assets | - | - | - | €500 | €675 |
| €16,910 | €16,505 | €20,908 | €21,817 | €22,236 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AP-Technology
The operating result for 2025 is a loss of €18,808, after a profit of €8,608 in 2024. It is the lowest result since 2012.
Equity is negative. Debt (€321,393) exceeds the balance-sheet total (€295,849).