APPERTHY

Active Private limited company (pre-2019)founded 1998active for 28 yearsNieuwe Heidestraat 3, 3740 Bilzen-HoeseltKBO/BCE: BE 0463.895.273

APPERTHY

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 30-07-2026, 1 day before the deadline

€1.3m

▼ 1.6%

€260,547

▲ 3.0%

€184,907

▲ 4.7%

€439,731

▼ 26.6%

64.2%

▼ 13.1 percentage points

2.44

▼ 1.46

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

Turnover ≈ €2.2m. Estimated: probably between €1.5m and €3.6m.

Balance sheet

balance sheet total €852,001 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

64.2%

Higher than 74% of 1,569 companies in 2025.

2.44

Higher than 71% of 1,540 companies in 2025.

21.7%

Higher than 87% of 1,554 companies in 2025.

APPERTHY Middle half of the sector 80% of the sector Abbreviated accounts in building services and landscaping (NACE 81)

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

Staff

€41,148

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

-2 people

people who joined people who left

In 2025, 2 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	852,001	912,051	772,489	736,050	669,135	616,398	552,024	528,991	762,027	740,873	739,552	622,926	558,175	542,239	531,479	533,030	528,201	548,979	520,159	567,230
`21/28`	107,537	106,251	137,935	96,068	55,613	61,885	47,442	63,029	87,959	105,777	130,398	91,549	115,183	132,697	98,682	102,092	109,138	109,103	138,380	300,689
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,409	10,226
`22/27`	107,537	106,251	137,935	96,068	55,613	61,885	47,442	63,029	87,959	105,777	130,398	91,549	115,183	132,697	98,682	102,092	109,138	109,103	134,971	290,463
`22`	29,733	32,908	38,799	42,135	45,470	48,375	34,210	37,171	40,132	40,205	42,589	44,973	47,356	50,374	53,573	56,771	59,970	63,169	66,368	255,309
`23`	13,702	16,368	22,445	4,912	1,140	752	1,955	6,327	11,002	9,259	10,886	13,457	18,283	21,829	26,414	16,743	1,110	5,884	9,370	12,317
`24`	64,103	56,975	76,691	49,021	9,004	12,758	11,277	19,531	36,825	56,313	76,923	33,119	49,543	60,493	18,696	28,577	48,058	40,050	59,233	22,837
`29/58`	744,464	805,799	634,553	639,982	613,522	554,512	504,583	465,962	674,068	635,096	609,154	531,377	442,992	409,543	432,797	430,938	419,063	439,876	381,780	266,541
`3`	5,877	6,242	6,411	6,521	6,821	7,121	7,945	8,177	8,234	8,160	8,234	7,924	8,427	8,126	7,321	7,431	7,134	6,339	7,834	8,226
`30/36`	5,877	6,242	6,411	6,521	6,821	7,121	7,945	8,177	8,234	8,160	8,234	7,924	8,427	8,126	7,321	7,431	7,134	6,339	7,834	8,226
`40/41`	190,724	220,281	205,916	210,215	222,622	200,666	170,560	177,201	201,277	218,908	233,584	219,720	158,622	149,114	186,303	135,482	169,020	163,968	151,285	139,332
`40`	189,846	220,281	205,916	210,215	192,753	200,666	162,889	165,428	196,509	218,908	204,989	195,486	136,157	149,114	157,423	124,560	165,141	163,968	143,567	131,262
`41`	878	-	-	-	29,869	-	7,671	11,773	4,769	-	28,595	24,234	22,465	-	28,880	10,921	3,879	-	7,718	8,070
`50/53`	207,040	251,757	200,000	-	88,836	26,709	26,709	147,544	131,236	223,991	183,630	172,357	151,674	119,859	138,872	112,045	109,495	110,724	25,000	-
`54/58`	336,313	322,260	214,380	418,490	291,286	315,556	294,391	128,418	329,582	180,382	179,593	126,937	116,615	126,585	93,541	169,688	128,561	154,177	193,242	114,826
`490/1`	4,509	5,260	7,847	4,757	3,956	4,462	4,978	4,621	3,739	3,655	4,114	4,439	7,654	5,859	6,760	6,293	4,852	4,668	4,419	4,157
Balance sheet: equity and liabilities
`10/49`	852,001	912,051	772,489	736,050	669,135	616,398	552,024	528,991	762,027	740,873	739,552	622,926	558,175	542,239	531,479	533,030	528,201	548,979	520,159	567,230
`10/15`	547,268	705,389	576,283	482,849	394,191	340,342	352,070	304,125	262,782	484,256	442,389	397,745	367,614	373,760	342,912	323,967	306,997	301,507	267,470	226,140
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	279,600	279,600	279,600	279,600	18,600	18,600	18,600	18,600	18,592	18,592	18,592
`100`	-	-	-	-	-	-	18,600	18,600	18,600	279,600	279,600	279,600	279,600	18,600	18,600	18,600	18,600	18,592	18,592	18,592
`13`	528,668	686,789	557,683	464,249	375,591	321,742	333,470	285,525	244,182	204,656	162,789	118,145	88,014	355,160	324,312	305,367	288,397	282,915	248,878	207,548
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	140,000	95,000	20,000	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	27,960	27,960	27,960	27,960	21,860	1,860	1,860	1,860	1,860	1,859	1,859	1,859
`1311`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	-	-	-	-	140,000	95,000	20,000	-	-	-	-	-	-	-	-
`132`	-	-	-	-	-	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750	32,750
`133`	526,808	684,929	555,823	462,389	373,731	287,132	298,860	250,915	183,472	3,946	7,079	37,435	33,404	320,550	289,702	270,757	253,787	248,305	214,268	172,939
`14`	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	304,733	206,662	196,205	253,202	274,944	276,056	199,954	224,866	499,245	256,617	297,163	225,181	190,560	168,479	188,567	209,063	221,204	247,473	252,690	341,090
`17`	-	-	-	-	-	-	-	6,589	19,622	32,465	45,120	-	-	-	-	-	5,465	13,240	20,959	119,919
`170/4`	-	-	-	-	-	-	-	6,589	19,622	32,465	45,120	-	-	-	-	-	5,465	13,240	20,959	119,919
`42/48`	304,733	206,662	195,980	252,416	274,141	275,097	197,406	215,095	476,134	224,152	252,042	225,181	190,560	168,479	188,567	209,063	215,739	234,233	231,731	221,171
`42`	-	-	-	15,564	20,206	18,472	25,014	31,433	30,872	34,470	31,894	18,041	17,125	16,755	15,856	22,017	24,131	22,635	20,151	30,892
`43`	-	-	-	-	-	-	-	810	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	-	-	-	-	810	-	-	-	-	-	-	-	-	-	-	-	-
`44`	48,615	22,722	27,331	16,916	27,438	16,140	15,484	17,022	20,042	17,043	61,150	52,498	29,776	12,468	33,441	20,139	21,367	24,270	18,926	8,855
`440/4`	48,615	22,722	27,331	16,916	27,438	16,140	15,484	17,022	20,042	17,043	61,150	52,498	29,776	12,468	33,441	20,139	21,367	24,270	18,926	8,855
`45`	127,960	136,440	127,649	160,804	162,427	122,843	128,050	126,699	119,531	123,350	110,817	103,115	90,471	80,945	77,784	88,649	89,781	104,802	108,191	95,142
`450/3`	16,201	21,781	8,078	36,816	49,974	15,601	5,242	4,565	-	5,867	5,176	11,394	6,056	2,216	2,136	3,213	4,228	12,231	11,699	4,922
`454/9`	111,759	114,659	119,571	123,987	112,452	107,242	122,808	122,134	119,531	117,483	105,640	91,721	84,414	78,730	75,647	85,436	85,553	92,571	96,492	90,220
`47/48`	128,157	47,500	41,000	59,132	64,070	117,642	28,858	39,132	305,689	49,289	48,182	51,528	53,189	58,311	61,487	78,258	80,460	82,525	84,464	86,282
`492/3`	-	-	225	786	803	958	2,548	3,181	3,489	-	-	-	-	-	-	-	-	-	-	-
Income statement
`76A`	1,750	0	620	-	248	250	-	-	12,785	7,958	27,805	15,654	21,213	22,888	7,064	9,605	2,095	1,934	25,883	2,222
`9900`	1.3m	1.3m	1.3m	1.3m	1.1m	1.1m	1.2m	1.2m	1.2m	1.2m	1.1m	962,509	871,795	873,660	840,827	781,185	829,976	853,997	799,694	726,557
`62`	962,858	990,960	1.1m	1.1m	966,076	932,203	1.1m	1.1m	1.1m	1.1m	1.0m	908,213	832,406	803,976	783,355	733,378	789,088	761,144	706,954	645,391
`630`	33,632	28,969	31,389	9,405	8,298	11,057	26,887	24,930	27,124	36,713	36,437	23,634	33,265	34,273	31,799	27,778	27,453	31,569	39,875	41,529
`640/8`	3,987	8,854	8,406	3,447	3,383	3,610	4,151	2,683	4,335	4,667	5,033	3,722	3,203	6,082	5,161	3,386	3,951	4,121	7,458	2,995
`66A`	-	-	-	-	-	-	164	-	-	-	-	181	125	125	-	-	-	5,286	-	-
`9901`	260,547	252,944	186,102	191,140	149,212	116,609	72,270	66,427	67,549	63,619	50,815	26,940	2,922	29,328	20,511	16,643	9,484	57,163	45,408	36,642
`75/76B`	6,824	5,607	7,313	22	9,899	915	660	3,031	3,940	12,699	6,528	7,407	9,951	5,600	4,163	4,826	4,470	4,061	1,761	284
`75`	6,824	5,607	7,313	22	9,899	915	660	3,031	3,940	4,741	6,528	7,407	9,951	5,600	4,163	4,826	4,470	4,061	1,761	284
`76B`	-	-	-	-	-	-	-	-	-	7,958	-	-	-	-	-	-	-	-	-	-
`65/66B`	115	280	950	3,684	2,516	1,816	4,267	8,105	5,621	5,363	5,803	5,066	5,242	12,674	7,156	7,923	8,696	10,358	15,625	17,187
`65`	115	280	950	3,684	2,516	1,816	4,267	8,105	5,621	5,363	5,803	5,066	5,242	12,674	7,156	7,923	8,696	10,358	15,625	17,187
`9903`	267,255	258,271	192,466	187,479	156,596	115,709	68,663	61,353	65,868	70,954	79,345	44,753	28,719	45,017	24,583	23,151	7,353	47,514	57,426	21,962
`67/77`	82,348	81,666	58,031	59,321	57,746	32,437	20,718	20,009	26,342	29,088	34,701	14,623	5,865	14,169	5,638	6,181	1,862	13,477	16,097	4,824
`9904`	184,907	176,605	134,435	128,157	98,849	83,272	47,945	41,343	39,526	41,867	44,644	30,130	22,854	30,848	18,945	16,970	5,490	34,037	41,329	17,138
`789`	-	-	-	-	32,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	184,907	176,605	134,435	128,157	131,599	83,272	47,945	41,343	39,526	41,867	44,644	30,130	22,854	30,848	18,945	16,970	5,490	34,037	41,329	17,138
Appropriation of the result
`9906`	184,907	176,605	134,435	128,157	131,599	83,272	47,945	41,343	39,526	41,867	44,644	30,130	22,854	30,848	18,945	16,970	5,490	34,037	41,329	17,138
`791/2`	343,028	47,500	41,000	39,500	45,000	95,000	-	-	-	-	-	-	290,000	-	-	-	-	-	-	-
`691/2`	184,907	176,605	134,435	128,157	131,599	83,272	47,945	41,343	39,526	41,867	44,644	30,130	312,854	30,848	18,945	16,970	5,490	34,037	41,329	17,138
`691`	-	-	-	-	-	-	-	-	-	-	-	-	290,000	-	-	-	8	-	-	-
`6920`	-	-	-	-	-	83,272	-	-	-	-	-	6,100	20,000	-	-	-	1	-	-	-
`6921`	184,907	176,605	134,435	128,157	131,599	-	47,945	41,343	39,526	41,867	44,644	24,030	2,854	30,848	18,945	16,970	5,482	34,037	41,329	17,138
`694/7`	343,028	47,500	41,000	39,500	45,000	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	343,028	47,500	41,000	39,500	45,000	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	23.4	24.2	26.1	29	28.8	30	32.4	34.4	33.1	32.3	29.6	27.1	24.8	25.1	24.5	21.5	22.2	22.5	21.5	20.5
Hours worked`1013`	30,027	31,428	34,266	37,863	36,618	36,236	43,690	45,671	46,749	46,729	42,702	37,684	35,031	34,101	33,915	32,931	35,095	35,761	34,107	32,182
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 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 30-07-2026.

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
31-12-2025	abbreviated format	30-07-2026	2026-00355593	PDF
31-12-2024	abbreviated format	30-07-2025	2025-00330427	PDF
31-12-2023	abbreviated format	18-07-2024	2024-00257535	PDF
31-12-2022	abbreviated format	26-07-2023	2023-00277342	PDF
31-12-2021	abbreviated format	26-07-2022	2022-20238750	PDF
31-12-2020	abbreviated format	31-05-2021	2021-16200362	PDF
31-12-2019	abbreviated format	28-08-2020	2020-47400206	PDF
31-12-2018	abbreviated format	18-07-2019	2019-35300228	PDF
31-12-2017	abbreviated format	26-06-2018	2018-23300575	PDF
31-12-2016	abbreviated format	13-06-2017	2017-17300024	PDF
31-12-2015	abbreviated format	06-06-2016	2016-15800347	PDF
31-12-2014	abbreviated format	10-06-2015	2015-16400286	PDF
31-12-2013	abbreviated format	26-06-2014	2014-22400571	PDF
31-12-2012	abbreviated format	26-06-2013	2013-22900118	PDF
31-12-2011	abbreviated format	18-06-2012	2012-18300540	PDF
31-12-2010	abbreviated format	15-06-2011	2011-17100169	PDF
31-12-2009	abbreviated format	11-06-2010	2010-17300448	PDF
31-12-2008	abbreviated format	08-06-2009	2009-20700141	PDF
31-12-2007	abbreviated format	10-06-2008	2008-21800079	PDF
31-12-2006	abbreviated format	06-06-2007	2007-18600129	PDF
31-12-2005	abbreviated format	15-06-2006	2006-25300791	PDF
31-12-2004	abbreviated format	28-06-2005	2005-35603203	PDF
31-12-2003	abbreviated format	29-06-2004	2004-35003158	PDF
31-12-2002	abbreviated format	16-06-2003	2003-24301030	PDF
31-12-2001	abbreviated format	19-06-2002	2002-24001797	PDF
31-12-2000	abbreviated format	07-06-2001	2001-18300907	PDF
31-12-1999	abbreviated format	09-06-2000	2000-20501439	PDF

Subsidies and aid

Flemish government 2025, 1 entry, €276 awarded, €276 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€276

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
294,179	281,913	217,491	200,545	157,511	127,666	99,157	91,357	94,673	100,331	87,252	50,574	36,187	63,602	52,310	44,421	36,937	88,732	85,283	78,171
218,540	205,574	165,823	137,562	107,148	94,328	74,832	66,273	66,650	78,579	81,081	53,764	56,119	65,122	50,744	44,747	32,943	65,606	81,204	58,667
36,086	0	75,186	49,860	28,327	25,500	11,300	0	9,306	12,092	75,286	0	15,751	68,288	28,389	20,731	27,488	2,293	37,136	10,767
14,053	107,880	-204,110	127,203	-24,269	21,165	165,973	-201,164	149,199	789	52,657	10,321	-9,969	33,044	-76,147	41,127	-25,616	-39,065	78,416	-
439,731	599,138	438,573	387,566	339,381	279,415	307,177	250,867	197,934	410,944	357,112	306,196	252,432	241,063	244,230	221,875	203,324	205,644	150,049	45,370
64.2%	77.3%	74.6%	65.6%	58.9%	55.2%	63.8%	57.5%	34.5%	65.4%	59.8%	63.9%	65.9%	68.9%	64.5%	60.8%	58.1%	54.9%	51.4%	39.9%
2.44	3.90	3.24	2.54	2.24	2.02	2.56	2.17	1.42	2.83	2.42	2.36	2.32	2.43	2.30	2.06	1.94	1.88	1.65	1.21
2.42	3.87	3.21	2.51	2.21	1.99	2.52	2.13	1.40	2.80	2.38	2.32	2.28	2.38	2.26	2.03	1.91	1.85	1.61	1.17
0.56	0.29	0.34	0.52	0.70	0.81	0.57	0.74	1.90	0.53	0.67	0.57	0.52	0.45	0.55	0.65	0.72	0.82	0.94	1.51
33.8%	25.0%	23.3%	26.5%	25.1%	24.5%	13.6%	13.6%	15.0%	8.6%	10.1%	7.6%	6.2%	8.3%	5.5%	5.2%	1.8%	11.3%	15.5%	7.6%
21.7%	19.4%	17.4%	17.4%	14.8%	13.5%	8.7%	7.8%	5.2%	5.7%	6.0%	4.8%	4.1%	5.7%	3.6%	3.2%	1.0%	6.2%	7.9%	3.0%
over 100	over 100	over 100	54.44	62.61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	32	34	38	39	42
full-time	4	4	3	6	5
part-time	28	30	35	33	37
in full-time equivalents	21.8	23.7	26.5	26	28.5
	23.4	24.2	26.1	29	28.8
On a permanent contract	27	28	34	34	34
Joined	2	6	9	7	11
Left	4	10	10	10	14

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€36,086	€0	€75,186	€49,860	€28,327
Financial fixed assets	€0	-	-	-	-
	€33,632	€28,969	€31,389	€9,405	€8,298

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

Insights on APPERTHY

The operating result for 2025 is 3% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 22.7% to 35.8%. Equity is lower and debt is higher.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency64.2%

Current ratio2.44

Return on assets21.7%

Staff

Staff cost per FTE€41,148

Joined and left-2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €276 awarded, €276 paid

Key figures and ratios

Social balance sheet

Investments

Insights on APPERTHY

Next steps

in euro

in euro

64.2%

2.44

21.7%

€41,148

-2 people