Active · per the CBE, 24 September 2026

Entreprise de Travail Adapté - APN

BE0411929207

Rechtspersoon Non-profit association 1 establishment

Entreprise de Travail Adapté - APN is a social services organisation in Nivelles. Non-profit, started on 5 January 1972, 1 establishment.

Rue du Commerce 15, 1400 Nivelles 067 49 34 40 [email protected]

Active for

54 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.

  • Tight liquidity NBB

    Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Entreprise de Travail Adapté - APN from Nivelles, company number BE0411929207, closed financial year 2025 with a result of € 4,604 after tax. For that financial year Entreprise de Travail Adapté - APN recorded a gross margin of € 1.7 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -61,936 to € 4,604. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 1.1 million

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

Profit Growing

€ 4,604

▲ still € 61,936 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 51,998

▼ 53% vs 2024

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

People and assets in 2025

Full-time equivalents

42

▼ 1.7 vs 2024

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

Wage cost

€ 1.5 million

▲ 4% vs 2024

€ 35,900 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

€ 127,904

▲ 82% vs 2024

Of which on lease € 78,396.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 586,229

▲ 28% vs 2024

€ 77,578 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 199,825

▲ 12% vs 2024

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

Taxes and wages

€ 239,326

▲ 4% 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
Gross margin € 1,314,016 € 1,455,644 € 1,523,371 € 1,666,055 ▲ 9%
Profit after taxes € -106,314 € 15,147 € -61,936 € 4,604 ▲ € 66,540
Equity € 1,193,877 € 1,194,618 € 1,121,370 € 1,118,930
Total debts € 655,967 € 755,486 € 868,423 € 1,026,627 ▲ 18%
Cash € 86,693 € 63,701 € 109,586 € 51,998 ▼ 53%
Land & buildings € 1,341,987 € 1,429,436 € 1,373,511 € 1,562,461 ▲ 14%
Retained profit € 1,079,741 € 1,094,888 € 1,032,952 € 1,037,556
Bank debt € 346,100 € 358,644 € 458,709 € 586,229 ▲ 28%
Balance sheet total € 1,849,844 € 1,950,104 € 1,989,794 € 2,145,557 ▲ 8%
Employees (FTE) 41.4 42.2 43.7 42 ▼ 1.7

Key figures of Entreprise de Travail Adapté - APN, 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 Entreprise de Travail Adapté - APN?

What happened at Entreprise de Travail Adapté - APN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Thierry VAN PEE stepped down as director. NBB
  • Marcel DUPUIS stepped down as director. NBB
  • Pierre MARNEFFE stepped down as director. NBB
  • Jean-Paul RAPETTI stepped down as director. NBB
  • Michel BELLEFLAMME stepped down as director. NBB
  • Yves CUISENAIRE stepped down as director. NBB
  • Marc LOUIS stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 4,604. filed late Source: NBB ↗

In short

From € 106,314 loss in 2022 to € 4,604 profit in 2025.

Best year ever: 2023, with € 15,147 profit.

On average € 39,700 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

Marcel DUPUIS

Director

since 2025 · until 2029

Pierre MARNEFFE

Director

since 2025 · until 2029

Jean-Paul RAPETTI

Director

since 2025 · until 2029

Thierry VAN PEE

Director

since 2025 · until 2029

Michel BELLEFLAMME

Managing director

since 2025 · until 2029

Yves CUISENAIRE

Director

since 2025 · until 2029

Marc LOUIS

Chairman of the board

since 2025 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Commerce 15

1400 Nivelles

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

Details

Company number
0411.929.207
VAT number
BE 0411.929.207
Registered office
Rue du Commerce 15, 1400 Nivelles
Names & denominations
Entreprise de Travail Adapté - APN · A.P.N.
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
5 January 1972
Peppol
Active · Active since 9 Apr 2025
Activities · NACE

Beschutte en sociale werkplaatsen

Beschutte werkplaatsen

Overige activiteiten op het gebied van drukwerk

Bandenservicebedrijven

Vervaardiging van houten emballage

Activiteiten van verpakkingsbedrijven

Detailhandel in onderdelen en accessoires van motorvoertuigen

Frequently asked questions

What does Entreprise de Travail Adapté - APN do?
Entreprise de Travail Adapté - APN is a social services organisation in Nivelles. Non-profit, started on 5 January 1972, 1 establishment.
What is the address of Entreprise de Travail Adapté - APN?
The registered office of Entreprise de Travail Adapté - APN is located at Rue du Commerce 15, 1400 Nivelles.
Is Entreprise de Travail Adapté - APN still active?
Yes. According to the CBE (24 September 2026) Entreprise de Travail Adapté - APN is active, legal situation “Normale toestand”, started on 5 January 1972.
Is Entreprise de Travail Adapté - APN registered on Peppol?
Yes, Entreprise de Travail Adapté - APN is registered on the Peppol network with ID 0208:0411929207.
What is the enterprise number of Entreprise de Travail Adapté - APN?
The enterprise number of Entreprise de Travail Adapté - APN is BE0411929207.
When was Entreprise de Travail Adapté - APN founded?
Entreprise de Travail Adapté - APN was founded on 5 January 1972.