APPROACH BELGIUM

Active

Public limited companyfounded 198541 yrs activeRue Edouard Belin 7, 1435 Mont-Saint-Guibert, BelgiumKBO/BCE: BE 0427.365.964

Summary

The annual accounts of APPROACH BELGIUM for fiscal year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €9.07M and a net result of €-1.44M. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 1416 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Watch Print / PDF

Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability8▼-3

Solvency86▲+23

Growth52▼-3

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500k at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 2.19 against 2.31 in 2024; short-term debt: 13.8% and cash: 7.7% of total assets), and 39.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

60.9%

Return on assets

-9.7%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

49 d early

2024

71 d early

2023

51 d early

2022

31 d early

2021

41 d early

2020

71 d early

2019

66 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€10.27M▼ 6.9%

2024 · €11.03M

2018: €7.10M 2019: €7.04M 2020: €8.12M 2021: €9.32M 2022: €9.66M 2023: €10.67M 2024: €11.03M

2018 → 2025

EBIT margin

-4.8%▼ 0.5pp

2024 · -4.4%

2018: 2.5% 2019: -0.5% 2020: 4.7% 2021: 9.2% 2022: 10.3% 2023: -10.1% 2024: -4.4%

2018 → 2025

Net result

€-1.44M▼ 275%

2024 · €-383k

2018: €216k 2019: €-40k 2020: €320k 2021: €579k 2022: €744k 2023: €-1.09M 2024: €-383k

2018 → 2025

Working capital

€2.44M▼ 19.1%

2024 · €3.02M

2018: €1.85M 2019: €2.05M 2020: €2.38M 2021: €3.18M 2022: €4.11M 2023: €4.03M 2024: €3.02M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€9.32M-€9.66M▲ 3.6%€10.67M▲ 10.4%€11.03M▲ 3.3%€10.27M▼ 6.9%

Equity€2.82M-€3.56M▲ 26.4%€2.94M▼ 17.5%€2.59M▼ 12.0%€9.07M▲ 250%

Operating result€854k-€991k▲ 16.0%€-1.08M€-481k▲ 55.6%€-495k▼ 2.8%

Net result€579k-€744k▲ 28.4%€-1.09M€-383k▲ 64.8%€-1.44M▼ 275%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €495k in 2025 against €481k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €14.89M

69.8%

30.2%

Fixed assets €10.39M ▲ 640%

Current assets €4.50M ▼ 15.5%

Equity and liabilities €14.89M

60.9%

38.7%

Equity €9.07M ▲ 250%

Provisions €63k ▼ 36.5%

Debt €5.76M ▲ 42.4%

Debt's share of the balance-sheet total falls from 60.1% to 38.7%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-262k▲

2024 · €-290k

Cash flow

€-1.20M▼

2024 · €-192k

Current ratio

2.19▼

2024 · 2.31

Debt to equity

0.63▼

2024 · 1.56

ROE

-15.9%▼

2024 · -14.8%

ROA

-9.7%▼

2024 · -5.7%

Interest coverage

-3.53▲

2024 · -8.92

Debt ≤ 1 year

€2.06M▼

2024 · €2.31M

Debt > 1 year

€1.60M

Income taxes

€11k▲

2024 · €11k

Staff costs

€4.56M▼

2024 · €5.20M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines

Balance sheet Code20242025

Assets

Total assets20/58€6.73M€14.89M▲

Fixed assets21/28€1.40M€10.39M▲

Intangible fixed assets21€416k€324k▼

Tangible fixed assets22/27€242k€185k▼

Furniture and vehicles24€136k€101k▼

Other tangible fixed assets26€106k€85k▼

Financial fixed assets28€746k€9.88M▲

Affiliated companies280/1€630k€9.77M▲

Participating interests280€100k€9.50M▲

Amounts receivable281€530k€268k▼

Other financial fixed assets284/8€117k€109k▼

Amounts receivable and cash guarantees285/8€117k€109k▼

Current assets29/58€5.33M€4.50M▼

Amounts receivable within one year40/41€2.07M€2.36M▲

Trade receivables40€2.03M€2.23M▲

Other amounts receivable41€39k€130k▲

Cash at bank and in hand54/58€1.93M€1.15M▼

Deferred charges and accrued income490/1€1.33M€991k▼

Equity and liabilities

Total equity and liabilities10/49€6.73M€14.89M▲

Equity10/15€2.59M€9.07M▲

Contributions10/11€1.89M€9.81M▲

Capital10€1.89M€9.81M▲

Issued capital100€1.89M€9.81M▲

Reserves13€693k€140k▼

Non-distributable reserves130/1€140k€140k=

Legal reserve130€140k€140k=

Distributable reserves133€553k-

Profit (loss) carried forward14€2k€-882k▼

Provisions and deferred taxes16€100k€63k▼

Provisions for liabilities and charges160/5€100k€63k▼

Pensions and similar obligations160€62k€63k▲

Other liabilities and charges164/5€38k-

Amounts payable17/49€4.04M€5.76M▲

Amounts payable after more than one year17-€1.60M

Financial debts170/4-€1.60M

Other loans174-€1.60M

Amounts payable within one year42/48€2.31M€2.06M▼

Trade debts44€1.24M€1.34M▲

Suppliers440/4€1.24M€1.34M▲

Advances received on contracts in progress46€258k€128k▼

Taxes, remuneration and social security45€811k€590k▼

Taxes450/3€22k€25k▲

Remuneration and social security454/9€788k€564k▼

Accrued charges and deferred income492/3€1.74M€2.10M▲

Income statement Code20242025

Operating income70/76A€11.58M€10.73M▼

Turnover70€11.03M€10.27M▼

Other operating income74€549k€412k▼

Non-recurring operating income76A€4k€46k▲

Operating charges60/66A€12.06M€11.22M▼

Goods for resale, raw materials and consumables60€3.55M€3.27M▼

Purchases600/8€3.55M€3.27M▼

Services and other goods61€3.10M€3.03M▼

Remuneration, social security and pensions62€5.20M€4.56M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€233k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-

Provisions for liabilities and charges: additions (uses and reversals)635/8€-6k€2k▲

Other operating charges640/8€25k€30k▲

Non-recurring operating charges66A€2k€102k▲

Operating profit (loss)9901€-481k€-495k▼

Financial income75/76B€146k€38k▼

Recurring financial income75€146k€38k▼

Income from current assets751€75k€38k▼

Other financial income752/9€71k-

Financial charges65/66B€37k€969k▲

Recurring financial charges65€37k€179k▲

Debt charges650€33k€74k▲

Other financial charges652/9€5k€105k▲

Non-recurring financial charges66B-€790k

Profit (loss) for the period before taxes9903€-373k€-1.43M▼

Income taxes67/77€11k€11k▲

Taxes670/3€11k€11k=

Tax adjustments and reversals of tax provisions77€828-

Profit (loss) for the period9904€-383k€-1.44M▼

Profit (loss) for the period to be appropriated9905€-383k€-1.44M▼

Appropriation of the result

Profit (loss) to be appropriated9906€-383k€-1.44M▼

Profit (loss) brought forward from the previous period14P€439€2k▲

Transfer from equity791/2€385k€553k▲

From reserves792€385k€553k▲

Social balance

Average headcount (FTE)908759.054.9▼

The notes to these accounts (71 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 52Financial 5Gazette 37Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

12-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema

05-02

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Bank account4 facts ▸

Capital increase, €106.445
Share issue, Actions Ordinaires, 13745
Bank account, BE91 3632 7012 9276
Capital, €9.916.395,38

2025

31-12

Financial Weakest financial yearnet €-1.44M

Net result drops to €-1.44M, the lowest in the series.

31-12

Financial Equity above €5MEq €9.07M ▲250%

Equity rises from €2.59M to €9.07M.

13-10

State Gazette act Resignations: PAMICA, ARENBERG CRYPTO and 2 others

Appointments: PAMICA, ARENBERG CRYPTO and 3 others · Permanent representatives: Michel AKKERMANS, Bart PRENEEL and 3 others · Capital increase19 facts ▸

General meeting, 26/09/2025
Capital increase, €5.700.564,3
Share issue, actions ordinaires, 136195
Capital, €9.809.950,38
Statutes amendment
Director resignation, PAMICA (director)
Director resignation, ARENBERG CRYPTO (director)
Director resignation, David Vanderoost (director)
Director resignation, SENECON (director)
Director appointment, PAMICA (director)
Director appointment, ARENBERG CRYPTO (director)
Director appointment, SENECON (director)
+7 further facts in this act

26-09

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital · Statutes amendment8 facts ▸

General meeting, 16/09/2025
Capital increase, €1.999.987,08
Capital, €4.109.386,08
Statutes amendment
Share class creation, Création de deux nouvelles classes d'actions (privilégiées A et B) et conversion de 42.785 actions privilégiées existantes en actions privilégiées A, avec suppr…
Report waiver, Renonciation à l'établissement du rapport d'émission
Preemptive rights waiver, Renonciation au droit de souscription préférentielle
Board powers, Pouvoirs accordés à l'organe d'administration

18-09

State Gazette act Reappointments: Pamica S.A. (membre du comité de compensation) and David Vanderoost S.R.L. (membre du comité de compensation)

Permanent representatives: Michel Akkermans and David Vanderoost · Power of attorney · Mandate compensation9 facts ▸

Board meeting, 13/05/2025
General meeting, 20/05/2025
Power of attorney, Carmen Böttcher
Director reappointment, Pamica S.A. (membre du comité de compensation)
Permanent representative, Michel Akkermans
Director reappointment, David Vanderoost S.R.L. (membre du comité de compensation)
Permanent representative, David Vanderoost
Mandate compensation, Pamica S.A.
Mandate compensation, David Vanderoost S.R.L.

20-08

State Gazette act Reappointments: Pamica S.A. (membre du comité de compensation) and David Vanderoost S.R.L. (membre du comité de compensation)

Permanent representatives: Michel Akkermans and David Vanderoost · Power of attorney7 facts ▸

Board meeting, 13/05/2025
Power of attorney, Carmen Böttcher
General meeting, 20/05/2025
Director reappointment, Pamica S.A. (membre du comité de compensation)
Permanent representative, Michel Akkermans
Director reappointment, David Vanderoost S.R.L. (membre du comité de compensation)
Permanent representative, David Vanderoost

21-05

NBB filing Annual accounts filed

fiscal year 2024 · full schema

04-02

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Bank account5 facts ▸

Capital increase, €216.608
Share issue, actions ordinaires, 30944
Bank account, 17 janvier 2025
Capital, €2.109.399
Statutes amendment

2024

03-07

State Gazette act Reappointments: Senecon S.R.L., Arenberg Crypto S.R.L. and 2 others

Permanent representatives: Frank Staut, Bart Preneel and 2 others10 facts ▸

General meeting, 21/05/2024
Director reappointment, Senecon S.R.L. (director)
Permanent representative, Frank Staut
Director reappointment, Arenberg Crypto S.R.L. (director)
Permanent representative, Bart Preneel
Board meeting, 31/05/2024
Director reappointment, Pamica S.A. (director)
Permanent representative, Michel Akkermans
Director reappointment, David Vanderoost S.R.L. (director)
Permanent representative, David Vanderoost

10-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

Show earlier events

02-04

State Gazette act Miscellaneous

Power of attorney3 facts ▸

Board meeting, 20/03/2024
Power of attorney, Sarah Boulanger
Power of attorney, Joan Roland

11-03

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Bank account5 facts ▸

Board meeting, 26/02/2024
Capital increase, €31.395
Share issue, actions ordinaires, 4485
Bank account, 26/02/2024
Capital, €1.892.791

2023

26-09

State Gazette act Resignations & appointments

Power of attorney2 facts ▸

Board meeting, 29/08/2023
Power of attorney, Joan Rolland

26-07

State Gazette act Reappointments: LDW Consult S.R.L., Deheyer Laurent Consulting S.R.L. and 2 others

Permanent representatives: Michel Akkermans, David Vanderoost and Jean-Christophe WILSKI · Power of attorney10 facts ▸

Board meeting, 07/07/2023
Director reappointment, LDW Consult S.R.L. (administrateur de la fondation privée approach belgium)
Director reappointment, Deheyer Laurent Consulting S.R.L. (administrateur de la fondation privée approach belgium)
Director reappointment, David Vanderoost S.R.L. (administrateur de la fondation privée approach belgium)
Director reappointment, Pamica S.A. (administrateur du comité de compensation)
Director reappointment, David Vanderoost S.R.L. (administrateur du comité de compensation)
Permanent representative, Michel Akkermans
Permanent representative, David Vanderoost
Power of attorney, Cocoo'n S.R.L.
Permanent representative, Jean-Christophe WILSKI

11-07

State Gazette act Appointment: Mazars Réviseurs d'Entreprises SRL (statutory auditor)

2 facts ▸

General meeting, 13/06/2023
Auditor appointment, Mazars Réviseurs d'Entreprises SRL (statutory auditor)

30-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

13-06

State Gazette act Statutes amendment · Restructuring

Merger · Accounting effect · Capital5 facts ▸

General meeting, 17/05/2023
Merger, verrichting gelijkgesteld met fusie door overneming
Accounting effect, 01/01/2023
Capital, €1.861.396
Statutes amendment

17-05

State Gazette act Restructuring

Merger · Accounting effect · Capital8 facts ▸

Merger, 20/03/2023
Accounting effect, 01/01/2023
Capital, €1.861.396
Capital, €12.500
Shareholding, 200, 100%
Special rights, nee
Special benefits, nee
Merger rationale, vereenvoudiging van de juridische structuur van de groep

17-04

State Gazette act Restructuring · Miscellaneous

Merger · Accounting effect · Capital4 facts ▸

Merger, absorption
Accounting effect, 01/01/2023
Capital, €1.861.396
Capital, €12.500

14-02

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Bank account5 facts ▸

Capital increase, €464.786
Share issue, actions ordinaires, 66398
Bank account, ING BELGIQUE SA, BE43 3632 2910 0401
Capital, €1.861.396
Statutes amendment

2022

31-12

Financial Highest result since 2018net €744k ▲28.4%

Operating result €991k, net result €744k, both a record.

17-11

State Gazette act Miscellaneous

Share issue · Capital increase6 facts ▸

General meeting, 09/11/2022
Share issue, droits de souscription ESOP, 100000
Capital increase
Resolution, Suppression du droit de préférence
Resolution, Procuration à l'organe d'administration
Resolution, Pouvoirs à l'organe d'administration

08-07

State Gazette act Permanent representative: David Vanderoost

Power of attorney3 facts ▸

Board meeting, 20/05/2022
Power of attorney, APTEA
Permanent representative, David Vanderoost

20-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

03-08

State Gazette act Appointments: Senecon S.R.L., Arenberg Crypto S.R.L. and 2 others

Reappointments: Pamica S.A. (director) and David Vanderoost S.R.L. (director) · Resignations: Etienne Castiaux (director) and Damien Bastogne (director) · Permanent representatives: Frank Staut, Bart Preneel and 2 others16 facts ▸

General meeting, 18/05/2021
Board meeting, 21/05/2021
Director appointment, Senecon S.R.L. (director)
Director appointment, Arenberg Crypto S.R.L. (director)
Director reappointment, Pamica S.A. (director)
Director reappointment, David Vanderoost S.R.L. (director)
Director resignation, Etienne Castiaux (director)
Director resignation, Damien Bastogne (director)
Director appointment, David Vanderoost S.R.L. (managing director)
Power of attorney, David Vanderoost S.R.L.
Director appointment, Pamica S.A. (membre du comité de compensation)
Director appointment, David Vanderoost S.R.L. (membre du comité de compensation)
+4 further facts in this act

21-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Back to profitnet €320k

Net result €320k after one loss-making year.

31-12

Financial Equity above €2MEq €2.24M ▲16.7%

Equity rises from €1.92M to €2.24M.

03-08

State Gazette act Permanent representative: David Vanderoost

Power of attorney3 facts ▸

Board meeting, 02/07/2020
Power of attorney, SRL David Vanderoost
Permanent representative, David Vanderoost

26-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

26-03

State Gazette act Statutes amendment

Capital5 facts ▸

General meeting, 10/03/2020
Statutes amendment
Statutes amendment
Statutes amendment
Capital, €1.396.610

2019

22-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

13-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

14-08

State Gazette act Capital & shares · Restructuring

Merger · Dissolution · Statutes amendment4 facts ▸

General meeting, 07/07/2017
Merger, 07/07/2017
Dissolution, 07-07-2017
Statutes amendment

02-06

State Gazette act Restructuring

Merger · Capital · Accounting effect9 facts ▸

Merger
Capital, €1.396.610
Capital, €18.600
Accounting effect, 01/01/2017
Approval, 16 mai 2017
Approval, 10 mai 2017
Shareholding, 11/05/2017
Merger exchange, sans attribution de nouvelles actions
Share breakdown, 404.897, 42.785

19-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

24-01

State Gazette act Capital & shares

Capital increase · Capital decrease · Capital6 facts ▸

General meeting, 20/12/2016
Capital increase, €600.000
Capital decrease, €523.390
Capital, €1.396.610
Share issue, warrants 2016
Statutes amendment

2016

27-06

State Gazette act Resignation: Etienne Castiaux (administrateur délégué aux affaires courantes)

Appointment: David Vanderoost SPRL (managing director) · Permanent representative: David Vanderoost4 facts ▸

Board meeting, 30/05/2016
Director resignation, Etienne Castiaux (administrateur délégué aux affaires courantes)
Director appointment, David Vanderoost SPRL (managing director)
Permanent representative, David Vanderoost

2015

06-07

State Gazette act Capital & shares · Statutes amendment · Resignations & appointments

Capital increase · Capital · Share issue5 facts ▸

General meeting, 05/05/2015
Capital increase, €600.000
Capital, €1.320.000
Share issue, warrants, 100.000
Statutes amendment

29-05

State Gazette act Appointment: David Vanderoost SPRL (managing director)

Permanent representatives: David Vanderoost and Michel Akkermans · Reappointments: PAMICA SA, David Vanderoost SPRL and 2 others10 facts ▸

Board meeting, 30/03/2015
General meeting, 05/05/2015
Director appointment, David Vanderoost SPRL (managing director)
Permanent representative, David Vanderoost
Director reappointment, PAMICA SA (director)
Permanent representative, Michel Akkermans
Director reappointment, David Vanderoost SPRL (director)
Permanent representative, David Vanderoost
Director reappointment, Etienne CASTIAUX (director)
Director reappointment, Damien BASTOGNE (director)

2013

02-05

State Gazette act Reappointment: Etienne Castiaux (administrateur délégué aux affaires courantes)

2 facts ▸

Board meeting, 06/03/2013
Director reappointment, Etienne Castiaux (administrateur délégué aux affaires courantes)

2012

07-12

State Gazette act Capital & shares · Statutes amendment

Warrant cancellation · Capital decrease · Capital5 facts ▸

General meeting, 27/09/2012
Warrant cancellation, annulation de plein droit de mille neuf cent quatre-vingt (1.980) warrants
Capital decrease, €5.024.902
Capital, €720.000
Statutes amendment

08-06

State Gazette act Reappointments: Pamica SA, Damien Bastogne and Etienne Castiaux

Appointment: David Vanderoost SPRL (director) · Permanent representatives: Michel Akkermans and David Vanderoost7 facts ▸

General meeting, 15/05/2012
Director reappointment, Pamica SA (director)
Director reappointment, Damien Bastogne (director)
Director reappointment, Etienne Castiaux (director)
Director appointment, David Vanderoost SPRL (director)
Permanent representative, Michel Akkermans
Permanent representative, David Vanderoost

2011

18-11

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 29/09/2011
Registered-office move, Axis Parc rue Edouard Belin 7 1435 Mont-Saint-Guibert

2010

06-09

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Capital5 facts ▸

General meeting, 29 juin 2010
Capital increase, €245.000
Share issue, actions ordinaires nouvelles, 17.500
Capital, €5.744.902
Statutes amendment

04-06

State Gazette act Reappointments: Pamica SA, Damien Bastogne and Etienne Castiaux

Resignation: SPRL Ergon Finance (director) · Permanent representative: Michel Akkermans8 facts ▸

General meeting, 19/05/2009
Director reappointment, Pamica SA (director)
Director reappointment, Damien Bastogne (director)
Director reappointment, Etienne Castiaux (director)
Director resignation, SPRL Ergon Finance
Permanent representative, Michel Akkermans
Board meeting, 29/04/2010
Director reappointment, Etienne Castiaux (managing director)

2007

01-08

State Gazette act Appointment: MDCM (director)

Permanent representative: Marc Pierre DUTRIEUX · Capital increase · Statutes amendment6 facts ▸

General meeting, 27 mars 2007
Capital increase, €5.499.902
Statutes amendment
Statutes amendment
Director appointment, MDCM (director)
Permanent representative, Marc Pierre DUTRIEUX

30-04

State Gazette act Permanent representative: Damien Bastogne

Mandate compensation3 facts ▸

Board meeting, 07/03/2007
Permanent representative, Damien Bastogne
Mandate compensation, Damien Bastogne

2003

15-12

State Gazette act Permanent representatives: Jacques Delaere and Michel AKKERMANS

2 facts ▸

Permanent representative, Jacques Delaere
Permanent representative, Michel AKKERMANS

10-11

State Gazette act Resignation: APPROACH GROUP SERVICES (director)

Appointment: PAMICA (director) · Permanent representative: Michel AKKERMANS · Mandate compensation5 facts ▸

General meeting, 12/09/2003
Director resignation, APPROACH GROUP SERVICES (director)
Director appointment, PAMICA (director)
Permanent representative, Michel AKKERMANS
Mandate compensation, PAMICA

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.

Directors · office · real estate

Directors

14 directors, no change since 2025

ARENBERG CRYPTO

Director · since 13-10-2025 · Private limited company · perm. rep.: Bart PRENEEL

Current

David Vanderoost

Director · since 13-10-2025 · Private limited company · perm. rep.: David Vanderoost

Current

OCS

Director · since 13-10-2025 · Private limited company · perm. rep.: Alex ONGENA

Current

PAMICA

Director · since 13-10-2025 · Public limited company · perm. rep.: Michel AKKERMANS

Current

SENECON

Director · since 13-10-2025 · Private limited company · perm. rep.: Frank STAUT

Current

Arenberg Crypto S.R.L.

Director · since 21-05-2024 · Legal entity · perm. rep.: Bart Preneel

Current

8 other directors

Pamica S.A.

Membre du comité de compensation · since 02-06-2023 · Legal entity · perm. rep.: Michel Akkermans

Current

David Vanderoost S.R.L.

Membre du comité de compensation · since 21-05-2023 · Legal entity · perm. rep.: David Vanderoost

Current

Deheyer Laurent Consulting S.R.L.

Administrateur de la fondation privée approach belgium · since 21-05-2023 · Legal entity

Current

LDW Consult S.R.L.

Administrateur de la fondation privée approach belgium · since 21-05-2023 · Legal entity

Current

David Vanderoost SPRL

Managing director · since 08-06-2012 · Legal entity · perm. rep.: David Vanderoost

Not recently confirmed

Pamica SA

Director · Legal entity · perm. rep.: Michel Akkermans

Not recently confirmed

MDCM

Director · since 27-03-2007 · Private limited company (pre-2019) · perm. rep.: Marc Pierre DUTRIEUX

Not recently confirmed

PAMICA

Director · since 01-06-2003 · Legal entity · perm. rep.: Michel AKKERMANS

Not recently confirmed

13-10-2025 ARENBERG CRYPTO: Reappointed as Director

13-10-2025 David Vanderoost: Reappointed as Director

13-10-2025 OCS: Appointed as Director

13-10-2025 PAMICA: Reappointed as Director

13-10-2025 SENECON: Reappointed as Director

Full history in the Timeline (34 changes) →

Location & real-estate footprint

Registered office, Mont-Saint-Guibert · 1 establishment unit since 1999

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Edouard Belin 71435 Mont-Saint-Guibert

1 establishment unit

Rue Edouard Belin 7, 1435 Mont-Saint-Guibert

Air transport

since 19992.027.169.643

Statutory auditor

1 auditor

Forvis Mazars Réviseurs d’EntreprisesCurrent

Statutory auditor

11-07-2023 → present

Articles of association

Purpose

Le négoce, le courtage, la distribution, l'échange, le développement, l'assemblage ou la mise en application, tant par le conseil que par la mise en œuvre, de tous produits tant…

Full purpose

Le négoce, le courtage, la distribution, l'échange, le développement, l'assemblage ou la mise en application, tant par le conseil que par la mise en œuvre, de tous produits tant matériels que logiciels se rapportant à l'informatique, à la robotique, et de manière plus générale à tous biens d'investissement. Elle pourra accomplir toutes opérations industrielles, financières, commerciales ou civiles, immobilières ou non, ayant un rapport direct ou indirect avec son objet et s'intéresser de toutes manières dans toutes sociétés ou entreprises dont les activités seraient de nature à favoriser la réalisation de son objet.

according to the deed of 13-10-2025

Structure & network

Connections & network

6 connected companies

Shared directors

Linked via shared directors

CLEAR2PAY

Shared corporate director

→

IMEC International

Shared corporate director

→

Inetum Belgium

Shared corporate director

→

Interuniversitair Micro-Electronica Centrum

Shared corporate director

→

Show 2 more companies with a shared director

Nitro Software Belgium

Shared corporate director

→

Vyntra Belgium

Shared corporate director

→

Ownership & control

1 parent company

Control over this companyparent company per the LEI register1

PAMICA

Antwerpen

controls

APPROACH BELGIUMBE 0427.365.964

Acquisitions and mergers

2 transactions

Took over:SECUBEAR

BE 0726.912.258operation treated as a merger by absorption · State Gazette act of 13-06-2023 (4 acts) · effective 20-03-2023

Took over:Total Integration Systems

BE 0476.017.996merger by absorption · State Gazette act of 14-08-2017 (2 acts) · effective 07-07-2017

Capital and shareholders

Capital over the years

05-02-2026 Capital increase of 106,445 EUR · to 9,916,395.38 EUR · 13,745 new shares
13-10-2025 Capital increase of 5,700,564.30 EUR · to 9,809,950.38 EUR · 136,195 new shares · in kind
26-09-2025 Capital increase of 1,999,987.08 EUR · to 4,109,386.08 EUR
04-02-2025 Capital increase of 216,608 EUR · to 2,109,399 EUR · 30,944 new shares · in cash
11-03-2024 Capital increase of 31,395 EUR · to 1,892,791 EUR · 4,485 new shares · in cash
13-06-2023 Capital stated in the act · 1,861,396 EUR · 514,080 shares
17-05-2023 Capital stated in the act · 1,861,396 EUR
17-04-2023 Capital stated in the act · 1,861,396 EUR · 514,080 shares

Show 8 older capital entries

14-02-2023 Capital increase of 464,786 EUR · to 1,861,396 EUR · 66,398 new shares
26-03-2020 Capital stated in 2 acts · 1,396,610 EUR
24-01-2017 Capital increase of 600,000 EUR · to 1,920,000 EUR
24-01-2017 Capital reduction of 523,390 EUR · to 1,396,610 EUR · to absorb losses
06-07-2015 Capital increase of 600,000 EUR · to 1,320,000 EUR
07-12-2012 Capital reduction of 5,024,902 EUR · to 720,000 EUR · to absorb losses
06-09-2010 Capital increase of 245,000 EUR · to 5,744,902 EUR
01-08-2007 Capital increase · to 5,499,902 EUR

Public money · subsidies and aid

European Union, budget

2023 · 2 entries · 845,468 EUR in total

Year	Entries	awarded
2023	2	845,468 EUR

Projects

FACT - FEDERATED ADVANCED CYBER PHYSICAL TEST RANGE

European Defence Fund · 01-12-2023 to 30-11-2026 · 545,465 EUR

EUCINF - EUROPEAN CYBER AND INFORMATION WARFARE TOOLBOX

European Defence Fund · 01-12-2023 to 30-11-2026 · 300,003 EUR

Recognitions · licences · registrations

Legal Entity Identifier

8945003K3P6Z5S2NW312

no longer live in the LEI register

Similar companies · same sector, comparable size

Cisco Systems Belgium

BE 0447.138.227

Machelen (Brab.) · Eq €9.26M

C-Tec²

BE 0831.183.397

Bonheiden · Eq €8.87M

BRICSYS

BE 0846.256.902

Gent · Eq €9.27M

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 1,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded23-05-1985

Fiscal year end31-12

Activities, NACEBEL 2025

62200Computer consultancy and computer facilities management

62900Other information technology and computer services

62100Computer programming

63100Computing infrastructure, data processing, hosting and related activities

63910Web portal activities

Sources

Crossroads Bank for EnterprisesNational Bank · 41 filings

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries

Website:www.approach-cyber.com

Enterprise

E-mail:info@approach-cyber.com

Enterprise

Phone:+3210832111

Enterprise