APS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
8 d early
2022
on the day
2021
23 d early
2020
8 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.0m▲ 1.6%
2023 · €3.0m
Total assets
€3.7m▲ 2.2%
2023 · €3.6m
Net result
€45,919▼ 24.5%
2023 · €60,837
Working capital
€1.2m▲ 1.5%
2023 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,939▼ 57.8%-€16,371-€6,267▲ 61.7%€17,174-€4,820
Net result€42,808▼ 15.7%€306,239▲ 615%€30,370▼ 90.1%€60,837▲ 100%€45,919▼ 24.5%
Equity€2.6m▲ 1.5%€2.9m▲ 11.9%€2.9m▲ 1.1%€3.0m▲ 2.1%€3.0m▲ 1.6%
Total assets€3.7m▲ 1.6%€3.5m▼ 5.3%€3.5m▲ 1.1%€3.6m▲ 2.7%€3.7m▲ 2.2%
Debt€1.1m▲ 1.6%€619,662▼ 44.8%€627,231▲ 1.2%€660,550▲ 5.3%€695,162▲ 5.2%
Working capital€1.2m▼ 1.1%€1.1m▼ 7.7%€1.1m▲ 0.3%€1.2m▲ 3.8%€1.2m▲ 1.5%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2022 Net result -90% on 2021. Cause not known from the registers.
- 2021 Net result +615% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,820 after €17,174 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.7m
Fixed assets
€1.8m ▲ 1.6%
Current assets
€1.9m ▲ 2.9%
Equity and liabilities €3.7m
Equity
€3.0m ▲ 1.6%
Debt
€695,162 ▲ 5.2%
Debt's share of the balance-sheet total rises from 18.2% to 18.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.73▼
2023 · 2.79
Quick ratio
2.71▼
2023 · 2.78
Debt to equity
0.23▲
2023 · 0.22
ROE
1.5%▼
2023 · 2.1%
ROA
1.2%▼
2023 · 1.7%
Debt ≤ 1 year
€695,162▲
2023 · €660,550
Income taxes
€17,200▼
2023 · €21,954
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €3,932 | €970 | €1,154 | €1,171 | ▲ 1.4% |
| Non-recurring operating charges66A | - | - | - | €9,286 | €0 | ▼ 100% |
| Gross operating margin9900 | €9,932 | -€12,439 | -€5,297 | €27,614 | -€3,649 | ▼ 113% |
| Operating profit (loss)9901 | €8,939 | -€16,371 | -€6,267 | €17,174 | -€4,820 | ▼ 128% |
| Financial income75/76B | - | €332,224 | €52,981 | €84,062 | €87,031 | ▲ 3.5% |
| Recurring financial income75 | €51,063 | €332,224 | €52,981 | €84,062 | €87,031 | ▲ 3.5% |
| Financial charges65/66B | - | €52 | €6,108 | €18,445 | €19,092 | ▲ 3.5% |
| Recurring financial charges65 | €4,400 | €52 | €6,108 | €18,445 | €19,092 | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €55,602 | €315,801 | €40,607 | €82,791 | €63,119 | ▼ 23.8% |
| Income taxes67/77 | €12,793 | €9,562 | €10,237 | €21,954 | €17,200 | ▼ 21.7% |
| Profit (loss) for the period9904 | €42,808 | €306,239 | €30,370 | €60,837 | €45,919 | ▼ 24.5% |
| Profit (loss) for the period to be appropriated9905 | €42,808 | €306,239 | €30,370 | €60,837 | €45,919 | ▼ 24.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.7m | €3.5m | €3.5m | €3.6m | €3.7m | ▲ 2.2% |
| Fixed assets21/28 | €1.9m | €1.7m | €1.8m | €1.8m | €1.8m | ▲ 1.6% |
| Tangible fixed assets22/27 | €9,286 | €9,286 | €9,286 | €0 | - | - |
| Land and buildings22 | - | €9,286 | €9,286 | €0 | - | - |
| Financial fixed assets28 | €1.9m | €1.7m | €1.7m | €1.8m | €1.8m | ▲ 1.6% |
| Current assets29/58 | €1.8m | €1.8m | €1.8m | €1.8m | €1.9m | ▲ 2.9% |
| Stocks and contracts in progress3 | €52,262 | €38,352 | €38,352 | €12,385 | €12,385 | = |
| Stocks30/36 | - | €38,352 | €38,352 | €12,385 | €12,385 | = |
| Amounts receivable within one year40/41 | €1.7m | €1.7m | €1.7m | €1.8m | €1.9m | ▲ 3.3% |
| Other amounts receivable41 | - | €1.7m | €1.7m | €1.8m | €1.9m | ▲ 3.3% |
| Cash at bank and in hand54/58 | €30 | €7,437 | €5,024 | €8,127 | €643 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.7m | €3.5m | €3.5m | €3.6m | €3.7m | ▲ 2.2% |
| Equity10/15 | €2.6m | €2.9m | €2.9m | €3.0m | €3.0m | ▲ 1.6% |
| Contributions10/11 | €900,000 | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Capital10 | - | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Issued capital100 | - | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Reserves13 | €1.7m | €2.0m | €2.0m | €2.1m | €2.1m | ▲ 2.2% |
| Non-distributable reserves130/1 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Legal reserve130 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Distributable reserves133 | - | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 2.3% |
| Profit (loss) carried forward14 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €1.1m | €619,662 | €627,231 | €660,550 | €695,162 | ▲ 5.2% |
| Amounts payable after more than one year17 | €575,467 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €546,998 | €619,662 | €627,231 | €660,550 | €695,162 | ▲ 5.2% |
| Trade debts44 | €8,572 | €1,331 | €467 | €0 | €482 | - |
| Suppliers440/4 | - | €1,331 | €467 | €0 | €482 | - |
| Taxes, remuneration and social security45 | - | €10,332 | €11,723 | €24,191 | €39,295 | ▲ 62.4% |
| Taxes450/3 | - | €10,332 | €11,723 | €24,191 | €39,295 | ▲ 62.4% |
| Other amounts payable47/48 | - | €607,999 | €615,041 | €636,359 | €655,385 | ▲ 3.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,808 | €306,239 | €30,370 | €60,837 | €45,919 | ▼ 24.5% |
| Operating cash flow (approximation) | €42,808 | €306,239 | €30,370 | €60,837 | €45,919 | ▼ 24.5% |
| Investment in fixed assets (approximation) | - | €173,687 | -€26,722 | -€17,850 | -€27,557 | ▼ 54.4% |
| Change in cash | - | €7,407 | -€2,413 | €3,102 | -€7,484 | ▼ 341% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €30,370 ▼90.1%
Net result drops to €30,370, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €306,239 ▲615%
Net result €306,239, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
2 ownersOwners 2
-
33.44%
- Sourceaccounts MNS 30-12-20210.33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.