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APPCO

Active
Private limited companyfounded 1994active for 32 yearsBeveren-Dries 5, 8791 Waregem, BelgiumKBO/BCE: BE 0451.623.783

From the official registers: KBO 28 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

APPCO has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,552 and a net result of €1,263. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

History

APPCO was incorporated on 6 January 1994.1 The registered office moved to Gent in 2023 and to Waregem in 2026.23 Total assets fell from €259,348 in 2019 to €185,407 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-09-2023
  3. 3Belgian Official Gazette, 21-10-2026
  4. 4National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
21-10
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 01-10-2026
  • Registered-office move, Beveren-Dries 5, 8791 Waregem

Open the act in the Belgian Official Gazette

07-01
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
2025
09-01
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
13-12
Gazette deed Resignation: Kris Cnudde (director)
Reappointment: Kris Cnudde (director) · Capital conversion · Reserve release16 facts ▸
  • General meeting, 05-12-2024
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, artikel 39,§1,eerste en derde lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootsch…” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “beschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “Vlaamse Gewest” (deed in Dutch)
  • Purpose change
  • Other provision, “invoering mogelijkheid tot installeren van dagelijks bestuur” (deed in Dutch)
  • Other provision, “wijziging overdrachtsregeling van de aandelen” (deed in Dutch)
  • Other provision, “toevoeging mogelijkheid schriftelijke en elektronische algemene vergadering in statuten” (deed in Dutch)
  • Other provision, “bevoegdheid bestuursorgaan interim-dividenden uit te keren, mits naleving toepasselijke wettelijke bepalingen” (deed in Dutch)
  • Other provision, “invoering mogelijkheid tot netting” (deed in Dutch)
  • Other provision, “aanpassing vereffeningsprocedure en mogelijkheid ontbinding en sluiting vereffening in één akte, in overeenstemming met huidige bepalingen van het Wetboek van v…” (deed in Dutch)
  • +4 further facts in this act

Open the act in the Belgian Official Gazette

30-06
Financial Highest result from 2019 to 2025net €65,439 ▲3,480%
Operating result €73,154, net result €65,439, both a record.
30-06
Financial Liquidity more than 18 timescurrent ratio 1.41
Current ratio from 0.08 to 1.41; short-term debt falls from €153,158 to €134,612.
18-01
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
2023
07-09
Gazette deed Registered office
Registered-office move · Director in office2 facts ▸
  • Registered-office move, 9000 Gent,Zwijnaardsesteenweg 642
  • Director in office, Kris Cnudde (director)

Open the act in the Belgian Official Gazette

30-06
Financial Back to profitnet €1,828
Net result €1,828 after 2 loss-making years.
17-01
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
2022
13-01
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
30-06
Financial Weakest financial yearnet -€32,884
Net result drops to -€32,884, the lowest in the series; recovery starts the following year.
Show earlier events
12-01
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
2019
31-12
NBB filing Annual accounts filedPDF
financial year 2019 · micro format
14-01
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2018
02-01
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2017
13-01
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank