APAGA Management

Active Private limited companyfounded 2010active for 16 yearsRue du Curé du Château 4, 7500 TournaiKBO/BCE: BE 0830.647.028 #9 company by equity in Tournai, Professional and technical services sector

Heads the group APAGA Management 29 companies in 2 countries

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APAGA Management

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Holdings

own 2025 accounts, the bar shows equity in euros

This companyAPAGA Management13 holdings, 2 countries 2025 accounts

Belgium 6 Year Equity Result

BE Ventis50% 2025€64.0m result €9.5m (2025)
BE Vision 3F6.16% 2025-€64,697 result -€474,182 (2025)
BE Résidencelles 2025-€448,589 result -€47,457 (2025)
BE Tertre innovation solaire33% 2025-€454,328 result -€238,812 (2025)
BE SRV 2025-€490,241 result €13,740 (2025)
BE Les etang de la mer14% - result -

Europe 7 Year Equity Result

FR Ventis France 2018€4.6m result -€15,900 (2018)
FR Re sources 3 2022€1.5m result €980,673 (2022)
FR Re-sources 2 2020€661,581 result €152,560 (2020)
FR Terrawat24% 2020-€24,036 result -€21,533 (2020)
FR API Mairie20% - result -
FR Corbehem Hydro36% - result -
FR La Paix Faite50% - result -

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Heads the group APAGA Management Group, risk and exposure

The LEI register names no parent.

Holdings and subsidiaries

13 holdings

Share, source and own figures per holding (13)

Source for every holding own accounts 2025

RESIDENCELLESsubsidiary
Equity -€448,589 Loss of €47,457 in 2025 (loss of €65,954 in 2024) Checked score 53

100%
S.R.V.subsidiary
Equity -€490,241 Profit of €13,740 in 2025 (profit of €28,925 in 2024) Checked score 55

100%
Ventis FranceFRsubsidiary
Equity €4.6mResult -€15,900

100%
La Paix FaiteFR

50%
VENTIS
Equity €64.0m Profit of €9.5m in 2025 (profit of €9.9m in 2024)

50%
Corbehem HydroFR

36%
TERTRE INNOVATION SOLAIRE
Equity -€454,328 Loss of €238,812 in 2025 (loss of €85,402 in 2024) Checked score 53

33%
TerrawatFR
Equity -€24,036Result -€21,533

24%
API MairieFR

20%
L'ETANG DE LA MER

14%
Vision3F
Equity -€64,697 Loss of €474,182 in 2025 (loss of €252,215 in 2024) Checked score 51

6.16%
Re sources 3FR
Equity €1.5mResult €980,673

50 shares
Re-sources 2FR
Equity €661,581Result €152,560

50 shares

Holdings through the years 2012 to 2025

Holdings through the years
Name	2012	2014	2015	2018	2020	2021	2023	2025
RESIDENCELLES 2015 to 2025: 100%			100%
S.R.V. 2021 to 2025: 100%						100%
Ventis FranceFR 2014 to 2025: 100%		100%
La Paix FaiteFR 2023 to 2025: 50%							50%
VENTIS 2012 to 2020: 38% 2021 to 2025: 50%	38%					50%
Corbehem HydroFR 2018 to 2024: 50% 2025: 36%				50%				36%
TERTRE INNOVATION SOLAIRE 2020 to 2025: 33%					33%
TerrawatFR 2018 to 2025: 24%				24%
API MairieFR 2023 to 2025: 20%							20%
L'ETANG DE LA MER 2018 to 2019: 12% 2020 to 2025: 14%				12%	14%
Vision3F 2020 to 2024: 25% 2025: 6.16%					25%			6.16%
Re sources 3FR 2020 to 2025: listed					listed
Re-sources 2FR 2014 to 2025: listed		listed
FLAWIND 2012 to 2023: listed	listed

Source: list of holdings in its own accounts

Connections & network

1 current director

Depth

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