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APEX

Active Public limited companyfounded 1983active for 43 yearsAakaai 1, 1070 AnderlechtKBO/BCE: BE 0424.131.213
APEX
Financial year 2025
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Annual accounts 2025

full format, filed on 30-01-2026, 1 day before the deadline
€116,557
▼ 10.4%
€48,642
▼ 9.6%
€17,026
▼ 53.1%
€662,807
▼ 25.9%
58.3%
▼ 12.0 percentage points
2.63
▼ 1.02

The turnover shown is an estimate from the gross margin.

Turnover ≈ €240,000. Estimated: probably between €180,000 and €350,000.

Balance sheet

balance sheet total €1.1m on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

58.3%

Higher than 66% of 892 companies in 2025.

2.63

Higher than 72% of 880 companies in 2025.

1.5%

Higher than 39% of 891 companies in 2025.

APEX Middle half of the sector 80% of the sector Full accounts in architecture and engineering (NACE 71)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

€32,441

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.1m1.3m1.3m1.2m1.1m978,634848,944830,871793,819787,411706,880840,546827,014830,827562,424402,936339,892318,210294,793
21/28 71,169101,009110,46035,42448,8503,2602,33511,66322,8029,84012,10025,2909,9711,32210,89831,06218,53327,799777
22/27 70,769100,609110,06035,22448,6503,0602,33511,66322,8025,1847,44424,6799,9711,32210,89831,06218,53327,799777
23 --------743--13,4909,062------
24 70,769100,609110,06035,22448,6503,0602,33511,66322,0595,1847,44411,1899091,32210,89831,06218,53327,799777
28 400400400200200200---4,6564,656612-------
29/58 1.1m1.2m1.2m1.2m1.1m975,374846,609819,208771,017777,571694,780815,255817,043829,505551,526371,874321,359290,412294,016
3 365,113332,158456,776379,481330,481339,781338,467405,471370,130321,807271,350269,962359,312436,357201,793243,755213,824198,192206,115
30/36 212,318204,863329,481379,481330,481339,781338,467405,471370,130321,807271,350269,962359,312436,357201,793243,755213,824198,192-
37 152,795127,295127,295---------------206,115
40/41 225,601164,876225,774236,438121,446169,076106,961160,840157,175245,856110,394173,636236,495199,869256,26679,31441,60662,24964,841
40 204,930141,891214,750218,977112,721166,214104,232158,269156,786238,444110,394159,622234,934165,396256,26676,61141,60657,05049,966
41 20,67122,98511,02317,4618,7252,8622,7302,5703897,413-14,0141,56134,473-2,703-5,19914,875
54/58 472,644728,795528,064588,190609,311463,442398,932249,362243,712209,908313,037371,658219,076193,28093,46748,80465,93029,97021,070
490/1 5,3685,1596,6253,2863,8463,0742,2493,535----2,160-----1,990
Balance sheet: equity and liabilities
10/49 1.1m1.3m1.3m1.2m1.1m978,634848,944830,871793,819787,411706,880840,546827,014830,827562,424402,936339,892318,210294,793
10/15 664,403935,977899,676814,720767,716591,894538,044465,548411,336424,907430,039402,134357,177251,246226,732117,63794,499108,568137,370
10/11 226,100226,100226,100226,100226,100226,100226,100226,100226,100226,100226,100226,10065,00065,00065,00065,00065,00065,00065,000
10 226,100226,100226,100226,100---------------
100 226,100226,100226,100226,100226,100226,100226,100226,100226,100226,100226,100226,10065,00065,00065,00065,00065,00065,00065,000
13 437,517709,092672,791587,835540,832365,010311,210239,210198,710198,71050,51022,6106,5006,5006,5006,5006,5006,5006,500
130/1 22,61022,61022,61022,61022,610--------------
130 22,61022,61022,61022,61022,61022,61022,61022,61022,61022,61022,61022,6106,5006,5006,5006,5006,5006,5006,500
133 414,907686,482650,181565,225518,222342,400288,600216,600176,100176,10027,900--------
14 786785785785784784734238-13,47497153,429153,424285,677179,746155,23246,13722,99937,06865,870
17/49 475,492396,020428,023428,099346,217386,740310,900365,323382,483362,504276,841438,412469,837579,581335,692285,298245,393209,643157,422
17 15,87326,02835,854----------------
170/4 15,87326,02835,854----------------
42/48 405,919337,085353,416400,399335,223322,369246,948315,498369,645348,703263,505418,414435,482565,510327,328276,935237,030195,367150,397
42 10,1559,8269,508--214,395220,593222,248-----------
43 ------------------2,479
430/8 ------------------2,479
44 36,8673,0348,95190,24628,43362,76421,70868,145150,117128,1851,78075,609130,948229,40147,27927,21461,63225,11123,545
440/4 36,8673,0348,95190,24628,43362,76421,70868,145150,117128,1851,78075,609130,948229,40147,27927,21461,63225,11123,545
46 65,0002,5002,5003,2002,500--------------
45 20,86446,15560,62429,39848,10045,2094,64715,094-2,88054,71522,00010,00054,66445,533-23,30618,04720,840
450/3 8,30830,22237,55127,12730,48928,5904,64715,094-2,88043,98321,00010,00026,74645,533-9,520-13,972
454/9 12,55615,93223,0732,27117,61116,619----10,7321,000-27,918--13,78618,0476,868
47/48 273,033275,570271,832277,555256,190--10,012219,527217,638207,011320,804294,534281,445234,516249,720152,091152,209103,533
492/3 53,70032,90738,75327,70110,99364,37163,95249,82412,83813,80113,33619,99834,35514,0718,3648,3648,36414,2767,026
Income statement
76A ----1,501-1,00010,6292,185------1,200--3,816
9900 116,557130,074226,708160,212334,65493,058133,548116,19118,64825,48989,796134,602190,69769,487151,77143,9434,706-19,080-16,429
62 32,44138,19333,07731,36544,4573,887--5----------
630 27,92434,06726,92716,36414,4872,38812,28112,23815,1674,48817,23526,4629,47511,31120,16420,1649,2667775,770
631/4 2,500-5,0545,054----------------
640/8 5,0499,0834,9442,41610,2773,2823,7026,1263,1428,4547,8289,4741,6614,4461,7581,4001,5621,7481,031
66A ---4,500----188----------
9901 48,64253,786156,706105,566265,43483,502117,56697,82814712,54664,73398,667179,56153,730129,84922,379-6,122-21,605-23,230
75/76B 115,00145651289156947110,3542,190198101134831,0755730
75 115,00145651289156947110,3542,190198101134831,0755730
65/66B 22,86819,24012,38513,3899,7418,28314,97016,63414,87514,28814,53821,25821,17915,0587655249,0157,7765,793
65 22,86819,24012,38513,3899,7418,28314,97016,63414,87514,28814,53821,25821,17915,0587655249,0157,7765,793
9903 25,77549,546144,36792,242255,69475,509102,61181,262-14,2578,61252,38677,606158,39138,785129,08723,139-14,062-28,808-25,207
67/77 8,75013,24533,41119,23879,87121,65930,11527,050-68613,74424,48014,74952,46014,27119,993-7-51
9904 17,02636,301110,95673,004175,82353,85072,49654,212-13,571-5,13227,90562,857105,93124,514109,09523,139-14,069-28,802-25,208
9905 17,02636,301110,95673,004175,82353,85072,49654,212-13,571-5,13227,90562,857105,93124,514109,09523,139-14,069-28,802-25,208
Appropriation of the result
9906 17,81137,086111,74173,788176,60654,58472,73440,738-13,474148,297181,329348,534285,677179,746155,23246,13722,99937,06865,870
14P 785785785784---------------
791/2 288,600------------------
691/2 17,02536,30184,95647,003175,82253,80072,00040,500-148,20027,90016,110-------
6920 -----------16,110-------
6921 17,02536,30184,95647,003175,82253,80072,00040,500-148,20027,900--------
694/7 288,600-26,00026,000-------179,000-------
694 288,600----------179,000-------
695 --26,00026,000---------------
Social balance sheet
9087 111110.2-------------
Hours worked1013 1,7571,7581,7581,7602,838258-------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 22 older financial years (1983-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 full format 30-01-2026 2026-00019927 PDF
30-06-2024 full format 10-01-2025 2025-00002901 PDF
30-06-2023 full format 30-12-2023 2024-00544648 PDF
30-06-2022 full format 24-01-2023 2023-00009121 PDF
30-06-2021 full format 28-12-2021 2021-81800277 PDF
31-12-2019 micro format 26-10-2020 2020-62800598 PDF
31-12-2018 micro format 24-09-2019 2019-66100308 PDF
31-12-2017 micro format 31-08-2018 2018-54900109 PDF
31-12-2016 micro format 25-09-2017 2017-62200322 PDF
31-12-2015 full format 22-06-2016 2016-20300406 PDF
31-12-2014 full format 18-06-2015 2015-19200342 PDF
31-12-2013 full format 23-06-2014 2014-21300524 PDF
31-12-2012 full format 29-05-2013 2013-13800268 PDF
31-12-2011 full format 30-06-2012 2012-24600313 PDF
31-12-2010 full format 29-06-2011 2011-23300161 PDF
31-12-2009 full format 30-06-2010 2010-24600439 PDF
31-12-2008 full format 22-08-2009 2009-65500011 PDF
31-12-2007 full format 27-06-2008 2008-30900389 PDF
31-12-2006 full format 27-06-2007 2007-30900228 PDF
31-12-2005 full format 22-06-2006 2006-29503955 PDF
31-12-2004 full format 27-06-2005 2005-34002016 PDF
31-12-2003 full format 05-07-2004 2004-39703794 PDF
31-12-2002 full format 04-07-2003 2003-39000644 PDF
31-12-2001 full format 27-06-2002 2002-28704081 PDF
31-12-2000 full format 02-07-2001 2001-31405111 PDF
31-12-1999 full format 15-06-2000 2000-22402573 PDF
31-12-1998 full format 13-09-1999 1999-45603545 PDF
31-12-1997 full format 02-09-1998 1998-44902054 PDF
31-12-1996 full format 26-08-1997 1997-39401005 PDF
31-12-1995 full format 27-06-1996 1996-22704273 PDF
31-12-1993 full format 29-06-1994 1994-24301600 PDF
31-12-1992 full format 29-06-1993 1993-19601346 PDF
31-12-1991 full format 29-06-1992 1992-16102632 PDF
31-12-1990 full format 06-09-1991 1991-24500865 PDF
31-12-1989 full format 28-06-1990 1990-12300894 PDF
31-12-1988 full format 01-08-1989 1989-19101957 PDF
31-12-1987 full format 15-06-1988 1988-08002727 PDF
31-12-1986 full format 30-07-1987 1987-19102767 PDF
31-12-1985 full format 11-06-1986 1986-13301493 PDF
31-12-1984 full format 13-06-1985 1985-10801661 PDF
31-12-1983 unclassified schema 01-06-1984 1984-04400080 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120192018201720162015201420132012201120102009200820072006
76,56787,853183,634121,930279,92185,890129,846110,06515,31317,03481,968125,129189,03665,041150,01342,5433,144-20,828-17,460
44,95070,368137,88489,368190,30956,23884,77666,4491,596-64445,14089,318115,40735,824129,25943,303-4,803-28,026-19,438
71024,617101,9632,93871,5453,3142,9531,09832,7852,2284,04441,78118,1251,735032,693027,799-
-256,151200,731-60,126-21,121-64,510149,5705,65033,804-103,129-58,621152,58225,79699,81244,663-17,12535,9608,900-
662,807893,903863,823806,997729,860653,005599,661503,710401,372428,868431,275396,842381,560263,995224,19894,93984,33095,045143,619
58.3%70.3%67.8%65.6%68.9%60.5%63.4%56.0%51.8%54.0%60.8%47.8%43.2%30.2%40.3%29.2%27.8%34.1%46.6%
2.633.653.443.023.183.033.432.602.092.232.641.951.881.471.681.341.361.491.95
1.732.672.152.072.191.972.061.311.081.311.611.301.050.701.070.460.450.470.58
0.720.420.480.530.450.650.580.780.930.850.641.091.322.311.482.432.601.931.15
2.6%3.9%12.3%9.0%22.9%9.1%13.5%11.6%-3.3%-1.2%6.5%15.6%29.7%9.8%48.1%19.7%-14.9%-26.5%-18.4%
1.5%2.7%8.4%5.9%15.8%5.5%8.5%6.5%-1.7%-0.7%3.9%7.5%12.8%3.0%19.4%5.7%-4.1%-9.1%-8.6%
3.354.5714.839.11---------------

EBIT margin: not included in this filing.

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.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date1111
full-time1111
in full-time equivalents1111
1111
On a permanent contract1111

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€710€24,617€101,763€2,938
Financial fixed assets--€200-
€27,924€34,067€26,927€16,364

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on APEX

The operating result for 2025 is 10% lower than in 2024 and the lowest since 2016. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 29.7% to 41.7%. Equity is lower and debt is higher.

Large changes and their cause
  • 2022 Net result -58% on 2021. The previous financial year ran 18 months, this one 12.

Next steps

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