APPELMAN (1009.210.863): financials and annual accounts

APPELMAN

Ghent ·KBO/BCE: BE 1009.210.863

Line	2026	2025
Balance sheet: assets
Total assets`20/58`	173,347	92,993
Formation expenses`20`	-	121
Current assets`29/58`	173,347	92,873
Amounts receivable within one year`40/41`	96	-
Trade receivables`40`	96	-
Cash at bank and in hand`54/58`	173,251	92,873
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	173,347	92,993
Equity`10/15`	155,976	68,736
Contributions`10/11`	3,000	3,000
Reserves`13`	152,976	65,736
Distributable reserves`133`	152,976	65,736
Amounts payable`17/49`	17,370	24,257
Amounts payable within one year`42/48`	17,370	24,257
Trade debts`44`	275	5,842
Suppliers`440/4`	275	5,842
Taxes, remuneration and social security`45`	15,995	17,315
Taxes`450/3`	15,995	17,315
Other amounts payable`47/48`	1,100	1,100
Income statement
Gross operating margin`9900`	112,674	83,814
Remuneration, social security and pensions`62`	504	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	121	1,057
Operating profit (loss)`9901`	112,049	82,758
Financial income`75/76B`	6	-
Recurring financial income`75`	6	-
Financial charges`65/66B`	1,320	26
Recurring financial charges`65`	1,320	26
Profit (loss) for the period before taxes`9903`	110,735	82,731
Income taxes`67/77`	23,495	16,995
Profit (loss) for the period`9904`	87,240	65,736
Profit (loss) for the period to be appropriated`9905`	87,240	65,736
Appropriation of the result
Profit (loss) to be appropriated`9906`	87,240	65,736
Transfer to equity`691/2`	87,240	65,736
To other reserves`6921`	87,240	65,736
Document	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-03-2026	micro format	29-10-2026	2026-00571524	PDF
31-03-2025	micro format	20-10-2025	2025-00545457	PDF

Line	2026	2025
EBITDA	112,170	83,814
Cash flow	87,361	66,793
Investment in fixed assets (approximation)	0	-
Change in cash	80,378	-
Working capital	155,976	68,616
Solvency	90.0%	73.9%
Current ratio	9.98	3.83
Debt to equity	0.11	0.35
ROE	55.9%	95.6%
ROA	50.3%	70.7%
Interest coverage	84.97	over 100

APPELMAN