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APICATION

Active Private limited company (pre-2019)founded 2006active for 20 yearsKBO/BCE: BE 0880.651.221
APICATION
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€24,466
▲ 27×
€23,048
▲ 142×
€23,674
▲ 30×
€19,616
▲ €21,191
84.5%
▼ 3.8 percentage points
6.43
▼ 3.22

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €330,000. Estimated: probably between €180,000 and €620,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €62,738 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

84.5%

Higher than 89% of 37,177 companies in 2025.

6.43

Higher than 89% of 36,472 companies in 2025.

30.3%

Higher than 87% of 36,707 companies in 2025.

APICATION Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 62,73850,94365,68971,74392,01398,917113,56479,45699,33396,096111,376107,20297,49893,10197,52385,99761,64194,79581,65652,891
21/28 3359601,5851,3825047562,8084,8598,93417,11014,09621,15425,61117,10527,08934,49210,93110,06015,23529,555
22/27 3359601,5851,3825047562,8084,8598,93416,98913,97521,03325,49016,98526,96834,37210,8109,93915,11529,435
23 ---------8313,9076,9823,3241,7924,8946,73010,5516,9381,9742,156
24 3359601,5851,130--1,8003,5997,42214,3948,05211,78322,16615,19322,07427,6422593,00213,14027,279
26 ---2525047561,0081,2601,5121,7642,0162,268--------
28 ---------120120120120120120120120120120120
29/58 62,40349,98364,10470,36191,50998,161110,75774,59790,39978,98697,28186,04871,88775,99670,43451,50550,71084,73666,42123,336
3 ---20,84750,94254,76159,16959,16947,33547,33542,63840,29118,83636,68517,19713,196----
30/36 ---20,84750,94254,76159,16959,16947,33547,33542,63840,29118,83636,68517,19713,196----
40/41 36,36843,59034,32925,17032,55426,98532,3907,23815,7384,65915,82211,6566,2374,5566,0346,0355,07629,02529,70421,535
40 28,54337,16632,28624,94732,33125,00432,2652,83910,8032,9339,97711,6566,2374,5566,0346,0355,07629,02529,70421,505
41 7,8256,4242,0432232231,9811254,3994,9351,7275,844--------30
50/53 ---------------28,67440,59153,02413,043-
54/58 25,3636,39329,57524,1077,33115,64318,8727,94727,13426,99238,82133,66845,58934,75547,0883,2674,5772,61623,2721,733
490/1 673-200238682773326243191--4341,226-1153334667140268
Balance sheet: equity and liabilities
10/49 62,73850,94365,68971,74392,01398,917113,56479,45699,33396,096111,376107,20297,49893,10197,52385,99761,64194,79581,65652,891
10/15 53,04044,98147,18240,33032,99430,35540,73235,86268,37882,41480,91067,73063,36259,47254,89547,97444,00247,48736,0918,117
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,1956,1956,1956,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,59518,59518,59518,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 -6,2006,2006,2006,2006,200--------------
1109/19 -6,2006,2006,2006,2006,200--------------
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,49596
130/1 1,8601,8601,8601,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,49596
1311 1,8601,8601,8601,8601,8601,860--------------
14 44,98036,92139,12232,27024,93422,29532,67227,80260,31874,35472,85059,67055,30251,41246,83539,91935,94739,43128,3961,821
17/49 9,6985,96218,50831,41359,01868,56272,83243,59530,95413,68230,46739,47234,13733,62942,62838,02317,63947,30945,56544,774
42/48 9,6985,17718,50831,41359,01868,56272,83243,59530,95413,68230,46739,47234,13733,62942,28038,02317,63947,30945,56544,774
42 -----------2,1847,2892,6687,80612,667-6,22216,88927,556
44 2,5811,3082,5582,14522,66417,35321,7752,21514,4182,8216,30920,2684,5502,47717,88713,14714,60115,70811,9294,616
440/4 2,5811,3082,5582,14522,66417,35321,7752,21514,4182,8216,30920,2684,5502,47717,88713,14714,60115,70811,9294,616
45 7,1173,8695,4823,5283,3804,0262,6013,7792,0814,8305,5071,6022,8538,76111,3007,0692,84725,18816,5486,403
450/3 7,1173,8693,7111,7631,6464,0262,6013,7792,0814,8305,5071,6022,8435,3246,7084,7562,84721,56816,5481,480
454/9 --1,7711,7651,734-------103,4374,5922,312-3,620-4,923
47/48 --10,46825,74032,97447,18348,45737,60014,4556,03118,65115,41819,44619,7235,2885,1401901902006,200
492/3 -785------------348-----
Income statement
70 -----------93,825---92,06599,287150,117156,820100,627
76A -----------98---8,500216---
9900 24,46690110,9928,6244,501-5,51012,740-25,684-6,79916,25926,75021,77322,44519,23919,05717,8503,53631,19157,64716,145
60/61 -----------75,401---74,21595,751118,92699,17384,482
630 6256258774472522,0522,0524,0755,00510,4837,34216,34915,78110,83412,21213,1638,31113,57714,9209,867
640/8 323114-2128501,7781,9488701,2171,5691,3219833,0341,2278628423,2381,4542,0212,416
66A 470-------585-----------
9901 23,04816210,1157,9653,399-9,3398,740-30,628-13,6054,20818,0884,4413,6307,1795,9833,844-8,01416,16040,7063,862
75/76B 382-5867610821977719886617898415196951,630660
75 382-5867610821977719886617898415196951,630660
65/66B 1221,8221,1441,2415127841,6261,4414272412462844969488055456801,0501,122465
65 1221,8221,1441,2415127841,6261,4414272412462844969488055456801,0501,122465
9903 23,308-1,6608,9767,5912,894-10,1237,114-31,988-14,0144,74317,8605,1413,1957,0206,01912,318-7,78416,74039,6503,397
67/77 4,3185402,1252542542542,244529223,2394,680772-6952,443-8968,345-4,2995,33911,6761,480
9904 18,990-2,2016,8517,3362,639-10,3774,870-32,517-14,0361,50413,1794,3693,8904,5776,9163,972-3,48511,40127,9741,917
9905 18,990-2,2016,8517,3362,639-10,3774,870-32,517-14,0361,50413,1794,3693,8904,5776,9163,972-3,48511,40127,9741,917
Appropriation of the result
9906 55,91136,92139,12232,27024,93422,29532,67227,80260,31874,35472,85059,67055,30251,41246,83535,94935,94739,79729,7951,917
14P 36,92139,12232,27024,93422,295---------------
791/2 ---------------3,970----
691/2 -----------------3651,39996
6920 -----------------3651,39996
694/7 10,931-------------------
695 10,931-------------------
Social balance sheet
Hours worked1013 --0-----------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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 31-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488671.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00488671 PDF
31-12-2024 micro format 17-03-2026 2026-00058290 PDF
31-12-2023 micro format 17-03-2026 2026-00058289 PDF
31-12-2022 micro format 28-09-2023 2023-00466538 PDF
31-12-2021 micro format 20-12-2022 2022-20545303 PDF
31-12-2020 micro format 31-08-2021 2021-64200018 PDF
31-12-2019 micro format 31-08-2020 2020-49000309 PDF
31-12-2018 micro format 30-08-2019 2019-59300355 PDF
31-12-2017 micro format 31-08-2018 2018-60400214 PDF
31-12-2016 micro format 28-09-2017 2017-64100229 PDF
31-12-2015 abbreviated format 18-07-2017 2017-32400132 PDF
31-12-2014 full format 31-08-2015 2015-50800131 PDF
31-12-2013 abbreviated format 29-08-2014 2014-49800600 PDF
31-12-2012 abbreviated format 26-09-2013 2013-59600041 PDF
31-12-2011 abbreviated format 30-08-2012 2012-51700212 PDF
31-12-2010 abbreviated format 28-07-2011 2011-34000250 PDF
31-12-2009 abbreviated format 30-07-2010 2010-35300284 PDF
31-12-2008 abbreviated format 25-07-2009 2009-46400134 PDF
31-12-2007 abbreviated format 30-07-2008 2008-48600085 PDF
31-12-2006 abbreviated format 19-07-2007 2007-42000171 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
23,67478710,9928,4123,651-7,28810,792-26,554-8,60114,69125,42920,78919,41118,01318,19617,00729829,73755,62613,729
19,616-1,5757,7287,7832,891-8,3256,922-28,442-9,03111,98720,52120,71819,67115,41119,12817,1354,82724,97842,89411,784
001,0811,3250000-3,17113,49728411,89124,2878504,80936,7249,1828,40260039,422
18,970-23,1825,46816,775-8,312-3,23010,926-19,187142-11,8295,153-11,92210,834-12,33243,821-1,3091,961-20,65621,539-
52,70544,80645,59638,94932,49029,59937,92431,00359,44465,30466,81446,57737,75142,36728,15413,48233,07137,42720,856-21,438
-----------4.7%---4.2%-8.1%10.8%26.0%3.8%
84.5%88.3%71.8%56.2%35.9%30.7%35.9%45.1%68.8%85.8%72.6%63.2%65.0%63.9%56.3%55.8%71.4%50.1%44.2%15.3%
6.439.663.462.241.551.431.521.712.925.773.192.182.112.261.671.352.871.791.460.52
6.439.663.461.580.690.630.710.351.392.311.791.161.551.171.261.012.871.791.460.52
0.180.130.390.781.792.261.791.220.450.170.380.580.540.570.780.790.401.001.265.52
35.8%-4.9%14.5%18.2%8.0%-34.2%12.0%-90.7%-20.5%1.8%16.3%6.5%6.1%7.7%12.6%8.3%-7.9%24.0%77.5%23.6%
30.3%-4.3%10.4%10.2%2.9%-10.5%4.3%-40.9%-14.1%1.6%11.8%4.1%4.0%4.9%7.1%4.6%-5.7%12.0%34.3%3.6%
over 1000.439.616.787.14---------------
-----------45 days---24 days19 days71 days69 days78 days
-----------98 days---65 days56 days48 days44 days20 days

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

Item31-12-2023
Employees at the balance-sheet date0
full-time0
part-time0

Source: social balance sheet in the 2023 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€1,081€1,325-
€625€625€877€447€252

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on APICATION

The operating result for 2025 is 142 times that of 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 11.7% to 15.5%. Equity and debt are higher.

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