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APPLICATION SOFTWARE ENGINEERING PEC

Active Private limited companyfounded 2001active for 25 yearsHeirstraat 197, 3630 MaasmechelenKBO/BCE: BE 0474.263.385 #2 company by total assets in Maasmechelen, Telecoms and IT sector
APPLICATION SOFTWARE ENGINEERING PEC
Financial year 2024
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Annual accounts 2024

micro format, filed on 30-09-2025, 61 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.

€23,816
▼ 49.2%
€20,511
▼ 52.9%
€21,288
▼ 30.8%
€754,894
▲ 3.3%
59.1%
▼ 2.6 percentage points
2.44
▼ 0.16

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 ≈ €130,000. Estimated: probably between €69,000 and €250,000.

In the rankings #2 company by total assets in Maasmechelen, Telecoms and IT sector#2 oldest company in Maasmechelen, Telecoms and IT sector#3 company by equity in Maasmechelen, Telecoms and IT sector

Balance sheet

balance sheet total €1.3m on 31-12-2024
What the company ownsHow it is paid for

in euro

in €m

Position in the sector

Compare with sector

59.1%

Higher than 46% of 20,537 companies in 2024.

2.44

Higher than 47% of 19,921 companies in 2024.

1.7%

Higher than 20% of 20,101 companies in 2024.

APPLICATION SOFTWARE ENGINEERING PEC Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020201920182017201620152014201320112010200920072006200520042003
Balance sheet: assets
20/58 1.3m1.2m1.2m1.2m1.2m1.1m1.0m1.0m946,3991.2m1.1m1.1m940,470860,317743,900583,766503,397448,835359,161296,394
21/28 3,9046,9049,90412,904----------------
22/27 3,9046,9049,90412,904----------------
24 3,9046,9049,90412,904----------------
29/58 1.3m1.2m1.2m1.2m1.2m1.1m1.0m1.0m946,3991.2m1.1m1.1m940,470860,317743,900583,766503,397448,835359,161296,394
40/41 92,19252,20831,603102,17659,74296,917126,681204,687224,826239,240272,319252,151308,269383,857298,455298,455237,736212,000240,024176,518
40 73,327--42,478---56,89847,363-39,960--89,891----28,02414,518
41 18,86552,20831,60359,69859,74296,917126,681147,789177,463239,240232,359252,151308,269293,966298,455298,455237,736212,000212,000162,000
50/53 -900,000------------------
54/58 1.2m191,4371.1m1.1m1.0m956,989850,634795,580721,514862,812822,917809,343632,201476,460445,445285,311265,661236,835119,137119,876
490/1 4245,65452,774-108,22060,49955,250-5986,46412,62844,961--------
Balance sheet: equity and liabilities
10/49 1.3m1.2m1.2m1.2m1.2m1.1m1.0m1.0m946,3991.2m1.1m1.1m940,470860,317743,900583,766503,397448,835359,161296,394
10/15 758,798737,510706,752685,159715,358641,263575,909525,372498,864460,629423,658376,197285,279269,561226,964175,795151,620176,635147,278113,310
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,6006,2006,2006,2006,2006,200
100 -----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---------------12,40012,40012,40012,40012,400
13 165,562144,274144,274144,274144,274144,27478,92028,3831,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,875
130/1 -1,8751,8751,8751,875---------------
130 -----1,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,8751,875
1311 -1,8751,8751,8751,875---------------
133 165,562142,399142,399142,399142,399142,39977,04526,508------------
14 574,636574,636543,878522,285552,484478,389478,389478,389478,389440,154403,183355,722264,804249,086206,489167,720143,545168,560139,203105,235
16 ------------15,60015,60015,600-----
160/5 ------------15,60015,60015,600-----
17/49 525,580458,693488,167494,061468,699473,142456,656474,895447,535727,887684,206730,258639,591575,156501,336407,971351,777272,200211,883183,085
42/48 525,580458,693481,687487,581462,219466,662450,176464,415441,055721,407677,726723,778633,111568,676494,856401,491345,297265,720205,403176,605
44 40,71284746,40044,78732,06341,83842,17240,629-63,5291,56230,00071,08257,00042,00042,0008,048--25,696
440/4 40,71284746,40044,78732,06341,83842,17240,629-63,5291,56230,00071,08257,00042,00042,0008,048--25,696
45 24,7729,730-21,46620,89827,27523,43827,68033,718255,820269,365215,099132,997103,354224,905167,165137,342121,96099,63972,122
450/3 21,7729,730-21,46620,89827,27510,43823,68029,918251,820269,365215,099132,997103,354224,905164,165134,592110,26087,93960,422
454/9 3,000-----13,0004,0003,8004,000-----3,0002,75011,70011,70011,700
47/48 460,096448,116435,287421,328409,258397,549384,566396,106407,337402,058406,799478,679429,032408,322227,951192,326199,907143,760105,76478,787
492/3 --6,4806,4806,4806,4806,48010,4806,4806,4806,4806,4806,4806,4806,4806,4806,4806,4806,4806,480
Income statement
9900 23,81646,84424,755-29,89487,74883,85961,62727,63342,24329,34841,14348,56019,00927,36319,04323,64727,15729,17947,95559,805
630 3,0003,0003,0002,096----------------
640/8 305295173268-621,2691,038--127404759--2,958----
9901 20,51143,54921,582-32,25887,74883,79760,35826,59542,24329,34841,01648,15618,25027,36319,04320,68927,15729,17947,95559,805
75/76B 16,3281,7952,0393,1987,4389,20810,81413,91315,50020,16720,59520,51227,98229,7124,9613,9021,8662109699
75 16,3281,7952,0393,1987,4389,20810,81413,91315,50020,16720,59520,51227,98229,7124,9613,9021,8662109699
65/66B 1611812,0281,0461593761972065,0703163245754865399506323239
65 1611812,0281,0461593761972065,0703163245754865399506323239
9903 36,67845,16321,593-30,10695,02792,62970,97540,30252,67349,19961,57968,62346,15757,02723,93924,19228,51729,35748,01959,865
67/77 15,39014,405-9020,93227,27520,43813,79414,43812,22814,11835,25330,43914,4309,6301753,532-14,05120,097
9904 21,28830,75821,593-30,19674,09565,35450,53726,50838,23536,97147,46133,37015,71842,59714,30924,175-25,01529,35733,96839,768
9905 21,28830,75821,593-30,19674,09565,35450,53726,50838,23536,97147,46133,37015,71842,59714,30924,175-25,01529,35733,96839,768
Appropriation of the result
9906 595,924574,636543,878522,285552,484543,743528,926504,897478,389440,154403,183355,722264,804249,086206,489167,720143,545168,560139,203105,235
14P 574,636543,878522,285552,481----------------
791/2 1,875-------------------
691/2 23,163----65,35450,53726,508------------
6920 1,875-------------------
6921 21,288----65,35450,53726,508------------
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 filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

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
31-12-2024 micro format 30-09-2025 2025-00525993 PDF
31-12-2023 micro format 24-09-2024 2024-00474231 PDF
31-12-2022 micro format 28-09-2023 2023-00462377 PDF
31-12-2021 micro format 04-11-2022 2022-20515748 PDF
31-12-2020 micro format 16-11-2021 2021-77900384 PDF
31-12-2019 micro format 01-12-2020 2020-73900295 PDF
31-12-2018 micro format 25-11-2019 2019-74300193 PDF
31-12-2017 micro format 13-09-2018 2018-63000115 PDF
31-12-2016 micro format 19-09-2017 2017-61400153 PDF
31-12-2015 abbreviated format 03-11-2016 2016-67300070 PDF
31-12-2014 abbreviated format 29-09-2015 2015-61400473 PDF
31-12-2013 abbreviated format 29-09-2014 2014-61300498 PDF
31-12-2011 abbreviated format 13-12-2012 2012-66400471 PDF
31-12-2010 abbreviated format 30-09-2011 2011-56700087 PDF
31-12-2009 abbreviated format 23-12-2010 2010-64300259 PDF
31-12-2007 abbreviated format 01-09-2010 2010-52800362 PDF
31-12-2006 abbreviated format 01-09-2010 2010-52800198 PDF
31-12-2005 abbreviated format 21-06-2007 2007-24900384 PDF
31-12-2004 abbreviated format 21-06-2007 2007-24900383 PDF
31-12-2003 abbreviated format 21-06-2007 2007-24900382 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020201920182017201620152014201320112010200920072006200520042003
23,51146,54924,582-30,162----------------
24,28833,75824,593-28,100----------------
00015,000----------------
996,803-909,20136,49848,04559,106106,35555,05474,066-141,29839,89513,574-155,74131,015-19,65028,826117,698-738-
754,894730,606703,328678,735721,838647,743582,389535,852505,344467,109430,138382,677307,359291,641249,044182,275158,100183,115153,758119,790
59.1%61.7%59.1%58.1%60.4%57.5%55.8%52.5%52.7%38.8%38.2%34.0%30.3%31.3%30.5%30.1%30.1%39.4%41.0%38.2%
2.442.592.462.392.562.392.292.152.151.651.631.531.491.511.501.451.461.691.751.68
0.690.620.690.720.660.740.790.900.901.581.611.942.242.132.212.322.321.541.441.62
2.8%4.2%3.1%-4.4%10.4%10.2%8.8%5.0%7.7%8.0%11.2%8.9%5.5%15.8%6.3%13.8%-16.5%16.6%23.1%35.1%
1.7%2.6%1.8%-2.6%6.3%5.9%4.9%2.7%4.0%3.1%4.3%3.0%1.7%5.0%1.9%4.1%-5.0%6.5%9.5%13.4%
over 100over 10012.12-28.84----------------

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.

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets---€15,000
€3,000€3,000€3,000€2,096

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on APPLICATION SOFTWARE ENGINEERING PEC

The operating result for 2024 is 53% lower than in 2023 and the lowest since 2021.

Debt's share of the balance-sheet total rises from 38.3% to 40.9%. Equity and debt are higher.

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