Active · per the CBE, 17 September 2026

The Associated Press (Belgium)

BE0403485059

Rechtspersoon Public limited company 1 establishment

The Associated Press (Belgium) is a broadcaster in Brussel. Public Limited, started on 29 December 1967, 1 establishment.

Karel de Grotelaan 1 box 49, 1000 Brussel

Active for

58 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 6 to 5.1.

  • Busy address KBO

    24 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

The Associated Press (Belgium) from Brussel, company number BE0403485059, closed financial year 2025 with a result of € 48,435 after tax. For that financial year The Associated Press (Belgium) recorded revenue of € 1.2 million and equity of € 854,556. Compared with financial year 2024, the result moved from € 2,087 to € 48,435. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.

What it is worth Growing

€ 854,556

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,435

▲ € 46,348 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,032

▼ 32% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 792,556.

People and assets in 2025

Full-time equivalents

5.1

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 765,244

▼ 11% vs 2024

€ 150,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,410

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 57,519

▲ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 99,444

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 1,138,569 € 2,209,249 € 1,240,925 € 1,225,062 ▼ 1%
Gross margin € 839,940 € 1,920,771 € 913,348 € 847,271 ▼ 7%
Profit after taxes € 14,037 € 40,918 € 2,087 € 48,435 ▲ € 46,348
Equity € 763,115 € 804,033 € 806,121 € 854,556 ▲ 6%
Total debts € 193,039 € 189,506 € 167,209 € 163,022 ▼ 3%
Cash € 4,857 € 9,917 € 4,440 € 3,032 ▼ 32%
Retained profit € 701,115 € 742,033 € 744,121 € 792,556 ▲ 7%
Balance sheet total € 956,154 € 993,539 € 973,330 € 1,017,578 ▲ 5%
Employees (FTE) 7.3 6 5.7 5.1 ▼ 0.6

Key figures of The Associated Press (Belgium), fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to The Associated Press (Belgium)?

What happened at The Associated Press (Belgium) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • KAREN KAISER stepped down as director. NBB
  • BRIDGET FORRESTER stepped down as director. NBB
  • JEREMY CARMEL stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 48,435 (▲ € 46,348 vs 2024). Source: NBB ↗
  • KAREN KAISER became a director. NBB
  • BRIDGET FORRESTER became a director. NBB
  • JEREMY CARMEL became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 14,037 profit in 2022 to € 48,435 profit in 2025.

Paid € 79,564 in corporate taxes since 2022.

Best year ever: 2025, with € 48,435 profit.

On average € 166,100 of value added per employee in 2025.

Management

The Associated Press (Belgium)

The shares are held by THE ASSOCIATED PRESS (100%).

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Directors

According to the 2025 annual accounts

JEREMY CARMEL

Director

since 2021 · until 2027

KAREN KAISER

Director

since 2025 · until 2031

BRIDGET FORRESTER

Director

since 2025 · until 2031

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Karel de Grotelaan 1 box 49

1000 Brussel

2.001.795.037

Karel de Grotelaan 1

1000 Brussel

Active since 1 December 1967

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0403.485.059
VAT number
BE 0403.485.059
Registered office
Karel de Grotelaan 1 bus 49, 1000 Brussel
Names & denominations
The Associated Press (Belgium)
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 December 1967
Peppol
Active · Active since 26 Jan 2026
Activities · NACE

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Frequently asked questions

What does The Associated Press (Belgium) do?
The Associated Press (Belgium) is a broadcaster in Brussel. Public Limited, started on 29 December 1967, 1 establishment.
What is the address of The Associated Press (Belgium)?
The registered office of The Associated Press (Belgium) is located at Karel de Grotelaan 1 box 49, 1000 Brussel.
Is The Associated Press (Belgium) still active?
Yes. According to the CBE (17 September 2026) The Associated Press (Belgium) is active, legal situation “Normale toestand”, started on 29 December 1967.
Is The Associated Press (Belgium) registered on Peppol?
Yes, The Associated Press (Belgium) is registered on the Peppol network with ID 0208:0403485059.
What is the enterprise number of The Associated Press (Belgium)?
The enterprise number of The Associated Press (Belgium) is BE0403485059.
When was The Associated Press (Belgium) founded?
The Associated Press (Belgium) was founded on 29 December 1967.