Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
APPROACH BELGIUM from Mont-Saint-Guibert, company number BE0427365964, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year APPROACH BELGIUM recorded revenue of € 10.3 million and equity of € 9.1 million. Compared with financial year 2024, the result moved from € -383,222 to € -1.4 million. The company made a loss. 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 June 12, 2026.
€ 9.1 million
▲ 250% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 275 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -742,767.
People and assets in 2025
54.9
▼ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▼ 12% vs 2024
€ 83,000 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.
€ 100,562
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 1.3 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 589,771
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,663,977 | € 10,672,057 | € 11,025,936 | € 10,270,546 | ▼ 7% |
| Gross margin | € 4,673,106 | - | - | - | |
| Profit after taxes | € 743,970 | € -1,087,233 | € -383,222 | € -1,437,645 | ▼ € 1.1 million |
| Equity | € 3,561,943 | € 2,939,496 | € 2,587,669 | € 9,067,183 | ▲ 250% |
| Total debts | € 2,434,058 | € 4,513,610 | € 4,042,553 | € 5,756,462 | ▲ 42% |
| Cash | € 3,659,840 | € 2,710,255 | € 1,930,263 | € 1,149,984 | ▼ 40% |
| Retained profit | € 2,165,333 | € 1,078,100 | € 694,878 | € -742,767 | ▼ € 1.4 million |
| Bank debt | € 0 | € 0 | € 0 | € 1,600,000 | |
| Balance sheet total | € 6,051,656 | € 7,559,201 | € 6,729,943 | € 14,886,979 | ▲ 121% |
| Employees (FTE) | 46.3 | 54.9 | 59 | 54.9 | ▼ 4.1 |
Key figures of APPROACH 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 APPROACH BELGIUM?
What happened at APPROACH BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Senecon S.R.L. stepped down as director. NBB
- Pamica S.A. stepped down as director. NBB
- OCS S.R.L. stepped down as director. NBB
- Arenberg Crypto S.R.L. stepped down as director. NBB
- David Vanderoost S.R.L. stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- Senecon S.R.L. became a director. NBB
- Pamica S.A. became a director. NBB
In short
From € 743,970 profit in 2022 to € 1.4 million loss in 2025.
Paid € 38,599 in corporate taxes since 2022.
Best year ever: 2022, with € 743,970 profit.
On average € 100,900 of value added per employee in 2022.
Management
The stake of InvestLink comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APPROACH BELGIUMThe shares are held by InvestLink (1.8%). It owns 100% of Approach Switzerland and 100% of ABLE BV itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Director · represented by Michel AKKERMANS
Also active at: Interuniversitair Micro-Electronica Centrum, IntellectEU, miDiagnostics, YIELDS, Ceeyu, MONITR, Curewiki, IMEC International +4 more
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Bart PRENEEL
since 2025 · until 2031
Managing director · represented by David VANDEROOST
since 2025 · until 2031
Shareholders
1.8%
Participations
Approach Switzerland
100%
100%
Establishments
Establishment units
Physical locations of this company
Rue Edouard Belin 7
1435 Mont-Saint-Guibert
Rouaanse Kaai 1
2000 Antwerpen
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →FEDERATION DES INDUSTRIES EXTRACTIVES ET TRANSFORMATRICES DE ROCHES NON COMBUSTIBLES - VERBOND VAN ONTGINNINGS EN VERDELINGSBEDRIJVEN VAN ONBRANDBARE GESTEENTEN
€ 1 million gross margin · 2025
EURO DISTRI BABY
Fonds sécurité d'existence de l'industrie des carrières de calcaire non taillé et des fours à chaux, des carrières de dolomies et des fours à dolomies
FONDATION APPROACH BELGIUM
GROUPEMENT APPROACH-CENTRAN Association Momentanée
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
approach-cyber.com
Registered
2023-04-12
Registrar
EuroDNS S.A.
Expires
2026-04-12
Website info
Features
Security
Network
Details
- Company number
- 0427.365.964
- VAT number
- BE 0427.365.964
- Registered office
- Rue Edouard Belin 7, 1435 Mont-Saint-Guibert
- Names & denominations
- APPROACH BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1985
- Peppol
- Active · Active since 7 Oct 2024
- Activities · NACE
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