USAPPS
Annual accounts 2025
abbreviated format, filed on 09-06-2026, 52 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €53,000. Estimated: probably between €26,000 and €100,000.
Balance sheet
balance sheet total €13,690 on 31-12-2025in euro
in euro
Position in the sector
-46.0%
Higher than 9% of 3,406 companies in 2025.
0.22
Higher than 5% of 3,267 companies in 2025.
3.1%
Higher than 38% of 3,315 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
13,690 | 16,949 | 25,799 | 26,731 | 23,883 | 19,098 | 7,493 | 481 | 64,273 | 84,210 | 94,631 | 84,319 | 91,491 | 133,260 | 78,047 | 57,083 | 55,292 | 60,457 | 61,223 | 78,995 | |
21/28 |
9,320 | 13,426 | 17,500 | 20,219 | 23,290 | 17,369 | 4,923 | 400 | 401 | 401 | 7,619 | 14,938 | 37,463 | 29,777 | 11,803 | 14,103 | 18,052 | 20,353 | 23,313 | 5,431 | |
21 |
- | - | - | - | - | - | - | - | - | - | 2,201 | 4,501 | 6,801 | 9,102 | 11,402 | 13,703 | 16,003 | 18,303 | 20,604 | 899 | |
22/27 |
8,921 | 13,026 | 17,100 | 19,819 | 22,891 | 16,969 | 4,523 | - | - | - | 5,018 | 10,037 | 30,261 | 20,274 | - | - | - | - | 1,010 | 2,832 | |
23 |
7,743 | 11,909 | 15,386 | 19,819 | 22,891 | 16,969 | 4,523 | - | - | - | - | - | - | - | - | - | - | - | 872 | 2,557 | |
24 |
1,178 | 1,117 | 1,714 | - | - | - | - | - | - | - | - | - | 15,206 | 20,274 | - | - | - | - | 137 | 275 | |
28 |
400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 401 | 401 | 401 | 401 | 401 | 401 | 401 | 401 | 2,050 | 2,050 | 1,700 | 1,700 | |
29/58 |
4,370 | 3,523 | 8,299 | 6,513 | 592 | 1,730 | 2,570 | 81 | 63,872 | 83,809 | 87,012 | 69,380 | 54,028 | 103,483 | 66,244 | 42,980 | 37,239 | 40,104 | 37,910 | 73,564 | |
40/41 |
3,967 | 3,120 | 8,299 | 982 | 176 | 1,091 | 2,570 | 81 | 63,872 | 83,809 | 87,012 | 69,305 | 53,707 | 101,646 | 64,733 | 42,646 | 36,463 | 38,636 | 37,469 | 52,151 | |
40 |
3,788 | 2,413 | 8,261 | 42 | 81 | 81 | - | 81 | 81 | 81 | 81 | 81 | 40,081 | 100,541 | 64,307 | 14,756 | 19,803 | 23,291 | 14,794 | 2,885 | |
41 |
179 | 707 | 38 | 940 | 95 | 1,010 | 2,570 | - | 63,791 | 83,728 | 86,931 | 69,224 | 13,626 | 1,105 | 425 | 27,891 | 16,660 | 15,344 | 22,675 | 49,266 | |
54/58 |
0 | 0 | 0 | 5,531 | - | - | - | - | - | 0 | 0 | 75 | 87 | 751 | 51 | 51 | 92 | - | - | 20,965 | |
490/1 |
403 | 403 | - | - | 416 | 639 | - | - | - | - | - | - | 234 | 1,086 | 1,461 | 283 | 684 | 1,468 | 441 | 449 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
13,690 | 16,949 | 25,799 | 26,731 | 23,883 | 19,098 | 7,493 | 481 | 64,273 | 84,210 | 94,631 | 84,319 | 91,491 | 133,260 | 78,047 | 57,083 | 55,292 | 60,457 | 61,223 | 78,995 | |
10/15 |
-6,301 | -6,720 | 7,315 | 18,040 | 4,893 | -2,087 | -3,963 | -14,953 | 48,539 | 48,302 | 47,241 | 39,989 | 50,854 | 54,772 | 34,323 | 11,194 | 3,808 | -11,661 | -18,866 | 24,326 | |
10/11 |
68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | |
100 |
- | - | - | - | - | - | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | 68,600 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-76,761 | -77,180 | -63,145 | -52,420 | -65,567 | -72,547 | -74,423 | -85,413 | -21,921 | -22,158 | -23,219 | -30,471 | -19,606 | -15,688 | -36,137 | -59,266 | -66,652 | -82,121 | -89,326 | -46,134 | |
17/49 |
19,992 | 23,669 | 18,484 | 8,691 | 18,990 | 21,186 | 11,456 | 15,434 | 15,734 | 35,908 | 47,390 | 44,330 | 40,637 | 78,488 | 43,724 | 45,889 | 51,483 | 72,117 | 80,089 | 54,668 | |
17 |
- | - | - | - | - | - | - | - | - | 10,000 | 15,130 | 20,349 | 25,202 | 10,000 | 10,000 | 15,882 | 27,647 | 39,412 | 50,000 | 30,000 | |
170/4 |
- | - | - | - | - | - | - | - | - | 10,000 | 15,130 | 20,349 | 25,202 | 10,000 | 10,000 | 15,882 | 27,647 | 39,412 | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,000 | 30,000 | |
42/48 |
19,992 | 23,669 | 18,484 | 8,691 | 18,990 | 20,061 | 11,456 | 15,434 | 15,734 | 25,908 | 32,260 | 23,981 | 15,358 | 68,488 | 33,724 | 30,007 | 23,836 | 32,706 | 30,089 | 24,668 | |
42 |
- | - | - | - | - | - | - | - | - | 5,130 | 5,219 | 4,852 | 4,511 | - | 5,882 | 11,765 | 11,765 | 11,765 | - | - | |
43 |
1,089 | 4,826 | 4,558 | - | 6,343 | 12,290 | 10,696 | 14,410 | 13,494 | 14,341 | 11,362 | 14,012 | 9,241 | - | 4,841 | 14,457 | 8,345 | 11,493 | 10,800 | - | |
430/8 |
1,089 | 4,826 | 4,558 | - | 6,343 | 12,290 | 10,696 | 14,410 | 13,494 | 14,341 | 11,362 | 14,012 | 9,241 | - | 4,841 | 14,457 | 8,345 | 11,493 | 10,800 | - | |
44 |
170 | 633 | 13,486 | 4,336 | 6,696 | 635 | 23 | - | - | 4,810 | 10,423 | 1,580 | 1,518 | 2,819 | 4,189 | 3,516 | 3,458 | 9,179 | 15,641 | 24,668 | |
440/4 |
170 | 633 | 13,486 | 4,336 | 6,696 | 635 | 23 | - | - | 4,810 | 10,423 | 1,580 | 1,518 | 2,819 | 4,189 | 3,516 | 3,458 | 9,179 | 15,641 | 24,668 | |
45 |
4 | 37 | - | - | - | - | - | - | 1,095 | 869 | 1,466 | 400 | 88 | 3,643 | 550 | - | - | - | 3,649 | - | |
450/3 |
4 | 37 | - | - | - | - | - | - | 1,095 | 869 | 1,466 | 400 | 88 | 3,643 | 550 | - | - | - | 2,772 | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 877 | - | |
47/48 |
18,729 | 18,173 | 440 | 4,355 | 5,951 | 7,135 | 737 | 1,024 | 1,145 | 758 | 3,789 | 3,137 | - | 62,026 | 18,261 | 269 | 269 | 269 | - | - | |
492/3 |
- | - | - | - | - | 1,125 | - | - | - | - | - | - | 77 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | 875 | 803 | - | 971 | - | 6,082 | 2,593 | - | 958 | 1,475 | 1,717 | 793 | - | - | - | - | - | |
9900 |
10,150 | -1,618 | -1,348 | 23,582 | 12,378 | 8,001 | 14,455 | 1,542 | 3,143 | 8,896 | 15,904 | 1,986 | 11,681 | 31,167 | 30,451 | 17,446 | 24,823 | 15,960 | -12,604 | -19,512 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,918 | - | |
630 |
8,715 | 10,750 | 8,649 | 8,903 | 3,383 | 2,630 | 1,508 | - | - | 7,219 | 7,319 | 7,319 | 12,387 | 7,369 | 2,300 | 2,300 | 2,300 | 3,310 | 4,123 | 2,561 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,386 | -3,382 | 1,680 | 475 | 2,907 | - | - | - | |
640/8 |
520 | 505 | 517 | 454 | 643 | 450 | 446 | 63,460 | 442 | 1,067 | 1,066 | 1,847 | 1,280 | 1,305 | 1,366 | 4,399 | 1,459 | 1,490 | 1,633 | 1,558 | |
66A |
- | - | - | - | - | 1,695 | - | - | - | - | - | 2,084 | - | 961 | - | - | - | - | - | - | |
9901 |
915 | -12,874 | -10,514 | 14,225 | 8,352 | 3,226 | 12,502 | -61,918 | 2,702 | 610 | 7,519 | -7,181 | -3,372 | 25,875 | 25,105 | 10,272 | 18,157 | 11,161 | -38,278 | -23,630 | |
75/76B |
0 | - | 135 | - | - | - | - | - | - | 3,770 | 2,885 | 965 | 429 | - | 214 | 894 | 6 | 201 | - | - | |
75 |
0 | - | 135 | - | - | - | - | - | - | 3,770 | 2,885 | 965 | 429 | - | 214 | 894 | 6 | 201 | - | - | |
65/66B |
497 | 1,161 | 347 | 1,077 | 1,372 | 1,351 | 1,512 | 1,574 | 1,370 | 2,450 | 2,924 | 3,411 | 2,362 | 2,539 | 2,983 | 3,782 | 2,694 | 4,156 | 4,914 | 2,618 | |
65 |
497 | 1,161 | 347 | 1,077 | 1,372 | 1,351 | 1,512 | 1,574 | 1,370 | 2,450 | 2,924 | 3,411 | 2,362 | 2,539 | 2,983 | 3,782 | 2,694 | 4,156 | 4,914 | 2,618 | |
9903 |
418 | -14,035 | -10,725 | 13,148 | 6,980 | 1,876 | 10,990 | -63,492 | 1,332 | 1,930 | 7,480 | -10,753 | -3,830 | 24,092 | 23,129 | 7,385 | 15,469 | 7,206 | -43,192 | -26,248 | |
67/77 |
- | - | - | - | - | - | - | - | 1,095 | 869 | 228 | 113 | 88 | 3,643 | - | - | - | 1 | - | - | |
9904 |
418 | -14,035 | -10,725 | 13,148 | 6,980 | 1,876 | 10,990 | -63,492 | 237 | 1,061 | 7,252 | -10,866 | -3,918 | 20,449 | 23,129 | 7,385 | 15,469 | 7,205 | -43,192 | -26,248 | |
9905 |
418 | -14,035 | -10,725 | 13,148 | 6,980 | 1,876 | 10,990 | -63,492 | 237 | 1,061 | 7,252 | -10,866 | -3,918 | 20,449 | 23,129 | 7,385 | 15,469 | 7,205 | -43,192 | -26,248 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-76,761 | -77,180 | -63,145 | -52,420 | -65,567 | -72,547 | -74,423 | -85,413 | -21,921 | -22,158 | -23,219 | -30,471 | -19,606 | -15,688 | -36,137 | -59,266 | -66,652 | -82,121 | -89,326 | -46,134 | |
14P |
-77,180 | -63,145 | -52,420 | -65,567 | -72,547 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.7 | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,630 | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 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 2025 (PDF), filed on 09-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00151266 | |
| 31-12-2024 | abbreviated format | 06-06-2025 | 2025-00126494 | |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00182012 | |
| 31-12-2022 | abbreviated format | 27-07-2023 | 2023-00303799 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20410494 | |
| 31-12-2020 | abbreviated format | 29-06-2021 | 2021-29200033 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-37800495 | |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-26500038 | |
| 31-12-2017 | abbreviated format | 24-08-2018 | 2018-48800488 | |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36700236 | |
| 31-12-2015 | abbreviated format | 20-12-2016 | 2016-70500161 | |
| 31-12-2014 | abbreviated format | 24-07-2015 | 2015-33500484 | |
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-60900186 | |
| 31-12-2012 | abbreviated format | 25-07-2013 | 2013-34100293 | |
| 31-12-2011 | abbreviated format | 29-06-2012 | 2012-22500364 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-47500559 | |
| 31-12-2009 | abbreviated format | 28-09-2010 | 2010-55200557 | |
| 31-12-2008 | abbreviated format | 21-12-2009 | 2009-89400274 | |
| 31-12-2007 | abbreviated format | 28-10-2008 | 2008-79300351 | |
| 31-12-2006 | abbreviated format | 24-07-2007 | 2007-44300166 | |
| 31-12-2005 | abbreviated format | 28-06-2006 | 2006-34600651 | |
| 31-12-2004 | abbreviated format | 24-06-2005 | 2005-33100188 | |
| 31-12-2003 | abbreviated format | 30-07-2004 | 2004-55604917 | |
| 31-12-2002 | abbreviated format | 29-07-2003 | 2003-53302229 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,630 | -2,123 | -1,865 | 23,128 | 11,735 | 5,856 | 14,010 | - | - | 7,829 | 14,838 | 138 | 9,015 | 33,244 | 27,405 | 12,573 | 20,457 | 14,471 | -34,155 | -21,070 | ||
| 9,134 | -3,285 | -2,077 | 22,051 | 10,363 | 4,505 | 12,498 | - | - | 8,280 | 14,571 | -3,547 | 8,469 | 27,818 | 25,429 | 9,686 | 17,770 | 10,515 | -39,070 | -23,688 | ||
| 4,610 | 23,987 | 12,426 | 5,832 | 9,305 | 18,677 | 6,031 | - | - | 0 | 0 | -15,206 | 20,074 | 25,343 | 0 | 1 | 0 | 350 | 22,005 | 5,265 | ||
| 0 | 0 | -5,531 | - | - | - | - | - | - | 0 | -75 | -12 | -664 | 700 | 0 | -41 | - | - | - | - | ||
| -15,622 | -20,145 | -10,185 | -2,178 | -18,398 | -18,331 | -8,885 | -15,353 | 48,138 | 57,901 | 54,752 | 45,400 | 38,670 | 34,995 | 32,520 | 12,973 | 13,403 | 7,398 | 7,821 | 48,896 | ||
| -46.0% | -39.6% | 28.4% | 67.5% | 20.5% | -10.9% | -52.9% | - | 75.5% | 57.4% | 49.9% | 47.4% | 55.6% | 41.1% | 44.0% | 19.6% | 6.9% | -19.3% | -30.8% | 30.8% | ||
| 0.22 | 0.15 | 0.45 | 0.75 | 0.03 | 0.09 | 0.22 | - | 4.06 | 3.23 | 2.70 | 2.89 | 3.52 | 1.51 | 1.96 | 1.43 | 1.56 | 1.23 | 1.26 | 2.98 | ||
| - | - | 2.53 | 0.48 | 3.88 | - | - | - | 0.32 | 0.74 | 1.00 | 1.11 | 0.80 | 1.43 | 1.27 | 4.10 | 13.52 | - | - | 2.25 | ||
| - | - | -146.6% | 72.9% | 142.7% | - | - | - | 0.5% | 2.2% | 15.4% | -27.2% | -7.7% | 37.3% | 67.4% | 66.0% | 406.2% | - | - | -107.9% | ||
| 3.1% | -82.8% | -41.6% | 49.2% | 29.2% | 9.8% | 146.7% | - | 0.4% | 1.3% | 7.7% | -12.9% | -4.3% | 15.3% | 29.6% | 12.9% | 28.0% | 11.9% | -70.5% | -33.2% | ||
| 19.39 | -1.83 | -5.38 | 21.47 | 8.56 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,610 | €23,987 | €12,426 | €5,832 | €9,305 |
| €8,715 | €10,750 | €8,649 | €8,903 | €3,383 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on USAPPS
The operating result for 2025 is a profit of €915, after a loss of €12,874 in 2024. It is the highest result since 2022.
Equity is negative. Debt (€19,992) exceeds the balance-sheet total (€13,690).