APPMAX (0846.431.205): financials and annual accounts

Annual accounts 2026

abbreviated format, filed on 30-10-2026, 1 day before the deadline

€504,074

▼ 14.7%

€91,409

▼ 61.3%

€72,512

▼ 55.6%

€697,446

▲ 17.2%

42.3%

▲ 3.9 percentage points

2.53

▲ 0.25

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

Turnover ≈ €1.3m. Estimated: probably between €910,000 and €2.1m.

Balance sheet

balance sheet total €1.2m on 31-03-2026

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

42.3%

Higher than 43% of 3,405 companies in 2025.

2.53

Higher than 57% of 3,266 companies in 2025.

6.0%

Higher than 65% of 3,314 companies in 2025.

APPMAX Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Staff

€49,507

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

level

people who joined people who left

In 2026, 6 people joined and 6 left.

Filed annual accounts

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

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
`20/58`	1.2m	1.1m	800,098	412,923	377,595	266,229	298,467	253,404	202,103	176,614	122,245	33,929	25,802
`21/28`	57,420	85,635	97,908	114,394	5,779	13,828	27,751	52,825	35,970	23,471	3,030	2,079	4,322
`21`	-	-	-	0	5,500	11,000	16,500	22,000	-	-	-	-	-
`22/27`	57,420	85,635	97,908	114,394	279	2,828	11,251	21,565	26,710	23,171	3,030	2,079	4,322
`23`	-	-	0	140	279	419	558	-	-	-	-	2,079	1,319
`24`	51,375	78,832	90,348	114,254	-	2,409	10,692	21,565	26,710	23,171	3,030	-	3,003
`26`	6,045	6,803	7,560	-	-	-	-	-	-	-	-	-	-
`28`	-	-	-	-	-	-	-	9,260	9,260	300	-	-	-
`29/58`	1.2m	1.1m	702,190	298,529	371,815	252,401	270,716	200,579	166,133	153,143	119,215	31,850	21,480
`3`	-	-	-	-	-	-	46,750	-	-	-	-	-	6,339
`37`	-	-	-	-	-	-	46,750	-	-	-	-	-	6,339
`40/41`	520,949	380,097	272,314	203,029	157,060	204,532	205,076	162,441	158,127	133,793	112,638	31,774	11,368
`40`	461,911	332,713	236,595	165,673	132,963	185,104	202,338	162,441	158,127	133,793	101,121	20,256	11,368
`41`	59,038	47,384	35,719	37,356	24,098	19,428	2,738	-	-	-	11,518	11,518	-
`50/53`	347,143	241,543	-	-	-	-	-	-	-	-	-	-	-
`54/58`	284,401	436,955	428,059	93,795	214,231	43,505	17,449	34,235	4,245	12,954	6,209	76	3,774
`490/1`	762	1,165	1,817	1,705	524	4,365	1,442	3,903	3,760	6,397	369	-	-
Balance sheet: equity and liabilities
`10/49`	1.2m	1.1m	800,098	412,923	377,595	266,229	298,467	253,404	202,103	176,614	122,245	33,929	25,802
`10/15`	511,566	439,054	275,570	169,360	117,889	37,241	34,300	34,239	31,975	20,940	11,629	19,233	6,436
`10/11`	8,000	8,000	8,000	8,000	8,000	8,000	-	8,000	8,000	8,000	8,000	8,000	8,000
`100`	-	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	10,600	10,600	10,600	10,600	10,600	10,600
`11`	-	-	-	-	-	-	8,000	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	-	8,000	-	-	-	-	-	-
`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	562	-
`130/1`	-	-	0	1,860	1,860	1,860	1,860	-	-	-	-	-	-
`130`	-	-	-	-	-	-	-	1,860	1,860	1,860	1,860	562	-
`1311`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	-	1,860	-	-	-	-	-	-
`133`	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`14`	501,706	429,194	265,710	159,500	108,029	27,381	24,440	24,379	22,115	11,080	1,769	10,671	-1,564
`16`	-	-	-	-	-	-	-	-	-	-	-	-	5,681
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	5,681
`17/49`	699,110	706,341	524,528	243,563	259,705	228,988	264,166	219,165	170,128	155,673	110,616	14,696	13,685
`17`	17,117	37,419	56,912	38,592	-	-	-	2,480	11,173	14,110	-	-	-
`170/4`	17,117	37,419	56,912	38,592	-	-	-	2,480	11,173	14,110	-	-	-
`42/48`	455,810	464,898	310,564	204,972	259,705	228,810	264,158	214,769	132,153	131,477	110,156	14,696	12,078
`42`	20,303	19,492	18,714	9,832	-	5,145	2,480	5,871	4,814	5,647	-	-	-
`43`	10,103	10,175	10,163	8,405	8,368	-	100,000	59,969	14,097	8,355	19,535	-	-
`430/8`	10,103	10,175	10,163	8,405	8,368	-	100,000	59,969	14,097	8,355	19,535	-	-
`44`	345,617	318,877	190,679	120,026	165,532	130,480	91,349	42,249	21,366	38,987	19,623	828	5,127
`440/4`	345,617	318,877	190,679	120,026	165,532	130,480	91,349	42,249	21,366	38,987	19,623	828	5,127
`46`	977	2,672	1,924	3,963	4,567	20,000	-	-	-	-	-	-	-
`45`	78,809	113,682	89,084	62,745	81,239	73,185	65,630	79,531	63,385	69,101	56,824	13,868	6,951
`450/3`	4,041	52,932	34,654	8,911	9,698	20,231	25,635	41,777	25,895	29,105	11,994	13,868	2,712
`454/9`	74,768	60,750	54,430	53,835	71,541	52,954	39,995	37,753	37,490	39,996	44,830	-	4,239
`47/48`	-	-	-	-	-	-	4,699	27,149	28,490	9,387	14,173	-	-
`492/3`	226,184	204,024	157,053	-	-	178	8	1,916	26,802	10,087	461	-	1,607
Income statement
`76A`	-	-	0	20,797	-	-	-	-	-	-	-	-	-
`9900`	504,074	590,969	533,629	361,965	399,450	273,459	261,013	270,946	308,746	275,921	373,055	39,226	57,359
`62`	381,202	328,004	357,826	248,861	275,284	243,447	228,002	233,540	236,540	222,077	373,635	14,780	54,438
`630`	28,215	25,125	24,060	9,951	8,049	13,923	23,739	23,296	12,478	8,223	2,754	2,243	3,463
`631/4`	-	-	0	10,710	-	-	-	-	6,637	11,518	-	-	-
`640/8`	3,247	1,910	2,746	1,720	3,256	2,794	2,240	2,287	4,009	4,034	2,358	348	757
`66A`	-	-	0	15,955	-	1,263	366	-	-	5	-	-	-
`9901`	91,409	235,930	148,996	74,769	112,862	12,032	6,665	11,823	49,082	30,063	-5,691	21,856	-1,300
`75/76B`	7,138	6,076	1,655	1,845	1,926	1,220	484	0	6	589	1,701	-	6
`75`	7,138	6,076	1,655	1,845	1,926	1,220	484	0	6	589	1,701	-	6
`65/66B`	-3,659	14,456	5,384	2,559	2,305	3,772	2,743	2,844	2,861	6,435	3,561	1,367	261
`65`	-3,659	14,456	5,384	2,559	2,305	3,772	2,743	2,844	2,861	6,435	3,561	1,367	261
`9903`	102,206	227,550	145,267	74,055	112,483	9,480	4,407	8,980	46,228	24,217	-7,550	20,489	-1,555
`67/77`	29,694	64,066	39,057	22,584	31,835	6,539	4,346	6,715	15,194	14,906	53	7,693	9
`9904`	72,512	163,484	106,210	51,470	80,648	2,941	61	2,264	31,034	9,311	-7,603	12,796	-1,564
`9905`	72,512	163,484	106,210	51,470	80,648	2,941	61	2,264	31,034	9,311	-7,603	12,796	-1,564
Appropriation of the result
`9906`	501,706	429,194	265,710	159,500	108,029	27,381	24,440	24,379	42,115	11,080	3,068	11,233	-1,564
`14P`	429,194	265,710	159,500	108,029	27,381	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	1,298	562	-
`6920`	-	-	-	-	-	-	-	-	-	-	1,298	562	-
`694/7`	-	-	-	-	-	-	-	-	20,000	-	-	-	-
`694`	-	-	-	-	-	-	-	-	20,000	-	-	-	-
Social balance sheet
`9087`	7.7	6.5	7.1	6.2	6.5	7.2	6	6.9	7.4	6.8	9.3	0.3	1.4
Hours worked`1013`	12,257	10,640	13,217	10,370	10,233	10,756	10,110	10,642	12,032	11,188	15,914	1,975	3,306
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 12 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 2026 at the NBB, filed on 30-10-2026.

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
31-03-2026	abbreviated format	30-10-2026	2026-00595297	PDF
31-03-2025	abbreviated format	30-10-2025	2025-00553987	PDF
31-03-2024	abbreviated format	31-10-2024	2024-00521893	PDF
31-03-2023	abbreviated format	31-10-2023	2023-00498320	PDF
31-03-2022	abbreviated format	28-10-2022	2022-20475155	PDF
31-03-2021	abbreviated format	03-11-2021	2021-75700250	PDF
31-03-2020	abbreviated format	03-11-2020	2020-67900222	PDF
31-03-2019	micro format	18-11-2019	2019-73900040	PDF
31-03-2018	micro format	29-10-2018	2018-70400552	PDF
31-03-2017	micro format	31-10-2017	2017-68700160	PDF
31-03-2016	abbreviated format	27-10-2016	2016-66400117	PDF
31-03-2015	abbreviated format	02-10-2015	2015-62600350	PDF
31-03-2014	abbreviated format	21-10-2014	2014-65000199	PDF

Subsidies and aid

Flemish government 2023 to 2025, 4 entries, €20,047 awarded, €20,047 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

€18,151

Vlaams opleidingsverlof (VOV)

€1,896

Year	Entries	Awarded	Paid
2025	1	€1	€1
2024	2	€11,017	€11,017
2023	1	€9,029	€9,029

Key figures and ratios

per financial year, computed from the annual accounts

2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
119,624	261,055	173,057	84,720	120,911	25,955	30,405	35,119	61,560	38,287	-2,937	24,099	2,163
100,727	188,609	130,270	61,422	88,697	16,864	23,800	25,561	43,513	17,534	-4,849	15,039	1,899
0	12,852	7,575	147,521	0	0	7,925	40,151	24,978	27,474	4,358	0	7,785
-152,554	8,896	334,264	-120,436	170,726	26,056	-16,787	29,990	-8,708	6,745	6,133	-3,698	-
697,446	594,862	391,626	93,557	112,110	23,591	6,557	-14,190	33,980	21,666	9,060	17,153	9,402
42.3%	38.3%	34.4%	41.0%	31.2%	14.0%	11.5%	13.5%	15.8%	11.9%	9.5%	56.7%	24.9%
2.53	2.28	2.26	1.46	1.43	1.10	1.02	0.93	1.26	1.16	1.08	2.17	1.78
2.53	2.28	2.26	1.46	1.43	1.10	0.85	0.93	1.26	1.16	1.08	2.17	1.25
1.37	1.61	1.90	1.44	2.20	6.15	7.70	6.40	5.32	7.43	9.51	0.76	2.13
14.2%	37.2%	38.5%	30.4%	68.4%	7.9%	0.2%	6.6%	97.1%	44.5%	-65.4%	66.5%	-24.3%
6.0%	14.3%	13.3%	12.5%	21.4%	1.1%	0.0%	0.9%	15.4%	5.3%	-6.2%	37.7%	-6.1%
-32.69	18.06	32.14	33.11	52.46	-	-	-	-	-	-	-	-

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	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Employees at the balance-sheet date	8	8	8	8	8
full-time	7	5	6	7	6
part-time	1	3	2	1	2
in full-time equivalents	7.7	7.3	7.5	7.8	7.3
	7.7	6.5	7.1	6.2	6.5
On a permanent contract	8	8	8	8	8
Joined	6	-	2	3	2
Left	6	-	1	3	1

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired

Item	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	-	€12,852	€7,575	€147,521	-
	€28,215	€25,125	€24,060	€9,951	€8,049

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on APPMAX

The operating result for 2026 is 61% lower than in 2025 and the lowest since 2023.

Debt's share of the balance-sheet total falls from 61.7% to 57.7%. Equity is higher and debt is lower.

Annual accounts 2026

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency42.3%

Current ratio2.53

Return on assets6.0%

Staff

Staff cost per FTE€49,507

Joined and leftlevel

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 4 entries, €20,047 awarded, €20,047 paid

Key figures and ratios

Social balance sheet

Investments

Insights on APPMAX

Next steps

in euro

in euro

42.3%

2.53

6.0%

€49,507

level