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APSB

Active Private limited companyfounded 2016active for 10 yearsKBO/BCE: BE 0653.985.480
APSB
Financial year 2024
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Annual accounts 2024

micro format, filed on 29-09-2025, 60 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 11 November 2026.

€199,917
▲ 532%
€156,934
▲ 739%
€95,883
▲ 16×
€277,175
▲ 34.7%
49.7%
▲ 9.2 percentage points
2.76
▲ 0.07

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 ≈ €660,000. Estimated: probably between €470,000 and €1.0m.

Balance sheet

balance sheet total €618,204 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

49.7%

Higher than 58% of 9,833 companies in 2024.

2.76

Higher than 72% of 9,553 companies in 2024.

15.5%

Higher than 69% of 9,646 companies in 2024.

APSB Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: top quarter · 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 Trend2024202320222021202020192018
Balance sheet: assets
20/58 618,204522,450379,908374,92182,21837,45618,740
21/28 183,543195,136182,972167,11919,55699-
22/27 183,543195,136182,972167,11919,55699-
22 177,624184,548170,626151,990---
23 3106043579501,59399-
24 5,6099,98411,98914,17817,963--
29/58 434,661327,314196,936207,80262,66237,35818,740
29 44,50044,50073,00084,50044,50028,500-
291 44,50044,50073,00084,50044,50028,500-
40/41 168,733269,28936,70184,28211,3652,83418,740
40 168,325240,83228,67782,97110,9871,984-
41 40828,4578,0241,31037985018,740
54/58 13812,19587,23526,0206,2156,024-
490/1 221,2901,330013,000582--
Balance sheet: equity and liabilities
10/49 618,204522,450379,908374,92182,21837,45618,740
10/15 307,092211,209205,221145,35457,52625,32218,191
10/11 18,60018,60018,60018,60018,60018,60018,600
100 -----18,60018,600
13 234,800184,800178,820119,82032,000--
133 234,800184,800178,820119,82032,000--
14 53,6927,8097,8016,9346,9266,722-409
17/49 311,112311,241174,687229,56724,69112,134549
17 138,324139,327100,258107,134---
170/4 138,324139,327100,258107,134---
42/48 157,486121,51066,43175,37424,44411,740549
42 21,00429,81416,7816,752---
43 45,00047,543687-02,994-
430/8 45,00047,543687-02,994-
44 17,38016,03911,3576,1854,8395,572549
440/4 17,38016,03911,3576,1854,8395,572549
45 51,6863,86837,14854,01319,2742,703-
450/3 51,6863,86837,14854,01319,2742,703-
47/48 22,41724,2464598,424332471-
492/3 15,30250,4047,99747,059247394-
Income statement
9900 199,91731,62999,673136,24650,98115,875-486
630 11,59311,4889,9465,4371,24749-
631/4 28,677------
640/8 2,7131,4451,28903,3285,27796
9901 156,93418,69788,438130,80946,40610,549-582
75/76B 9768901,4608908905701,503
75 9768901,4608908905701,503
65/66B 15,5488,0243,6583,5211,8541,28325
65 15,5488,0243,6583,5211,8541,28325
9903 142,36211,56286,240128,17845,4429,835896
67/77 46,4795,57526,37340,35013,2382,703-
9904 95,8835,98859,86787,82732,2047,132896
9905 95,8835,98859,86787,82732,2047,132896
Appropriation of the result
9906 103,69213,78966,80194,75438,9266,722-409
14P 7,8097,8016,9346,926---
691/2 50,0005,98059,00087,82032,000--
6921 50,0005,98059,00087,82032,000--
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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 29-09-2025.

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 29-09-2025 2025-00508480 PDF
31-12-2023 micro format 31-07-2024 2024-00314805 PDF
31-12-2022 micro format 28-07-2023 2023-00290019 PDF
31-12-2021 micro format 20-07-2022 2022-20204193 PDF
31-12-2020 micro format 06-07-2021 2021-31900258 PDF
31-12-2019 micro format 11-11-2020 2020-70000163 PDF
31-12-2018 micro format 18-04-2019 2019-10200225 PDF

Subsidies and aid

Flemish government 2022 to 2023, 2 entries, €794 awarded, €794 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€794
Year Entries AwardedPaid
2023 1 €296€296
2022 1 €498€498

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2024202320222021202020192018
168,52730,18498,384136,24647,65310,598-
107,47617,47569,81393,26433,4517,181-
023,65125,799153,00020,704148250
-12,057-75,04061,21519,805191--
277,175205,804130,504132,42838,21725,61818,191
49.7%40.4%54.0%38.8%70.0%67.6%97.1%
2.762.692.962.762.563.1834.13
1.011.470.851.580.430.480.03
31.2%2.8%29.2%60.4%56.0%28.2%4.9%
15.5%1.1%15.8%23.4%39.2%19.0%4.8%
10.843.7626.8938.69---

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-€23,651€25,799€153,000
€11,593€11,488€9,946€5,437

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

Insights on APSB

The operating result for 2024 is 8.4 times that of 2023 and the highest since 2018. It is a recovery after the fall in 2023.

Debt's share of the balance-sheet total falls from 59.6% to 50.3%. Equity is higher.

Next steps

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