Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 12.6 to 8.8.
Financials
Financial year 2025
APPELMANS J. from Nazareth-De Pinte, company number BE0432985333, closed financial year 2025 with a result of € 277,017 after tax. For that financial year APPELMANS J. recorded a gross margin of € 1 million and equity of € 931,963. Compared with financial year 2024, the result moved from € 174,412 to € 277,017. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 21, 2026.
€ 931,963
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 277,017
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 110,253
▲ € 92,737 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 270,000 paid out
97 % of the profit went to the shareholders, mostly to APPELMANS GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.8
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 568,264
▼ 19% vs 2024
€ 64,600 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.
€ 2,953
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,339
▼ 87% vs 2024
Loans from banks and other lenders, long and short.
€ 2.4 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 242,651
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,035,462 | € 1,100,685 | € 1,044,530 | € 1,006,672 | ▼ 4% |
| Profit after taxes | € 70,435 | € 126,235 | € 174,412 | € 277,017 | ▲ 59% |
| Equity | € 914,299 | € 920,534 | € 924,946 | € 931,963 | ▲ 1% |
| Total debts | € 1,802,405 | € 2,775,737 | € 3,485,498 | € 3,037,720 | ▼ 13% |
| Cash | € 33,148 | € 13,079 | € 17,516 | € 110,253 | ▲ € 92,737 |
| Land & buildings | € 141,318 | € 170,903 | € 162,852 | € 160,569 | ▼ 1% |
| Retained profit | € 852,299 | € 858,534 | € 862,946 | € 869,963 | ▲ 1% |
| Dividend | € 0 | € 120,000 | € 170,000 | € 270,000 | ▲ 59% |
| Bank debt | € 416,391 | € 353,790 | € 477,942 | € 60,339 | ▼ 87% |
| Balance sheet total | € 2,724,870 | € 3,705,698 | € 4,422,421 | € 3,983,353 | ▼ 10% |
| Employees (FTE) | 12.8 | 12.6 | 10.3 | 8.8 | ▼ 1.5 |
Key figures of APPELMANS J., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to APPELMANS J.?
What happened at APPELMANS J. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 277,017 (▲ 59% vs 2024). Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,435 profit in 2022 to € 277,017 profit in 2025.
Paid € 249,888 in corporate taxes since 2022.
Best year ever: 2025, with € 277,017 profit.
On average € 114,400 of value added per employee in 2025.
Management
The stake of APPELMANS GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APPELMANS J.Behind APPELMANS J. are Patrick APPELMANS and Marianne FAUT. The shares are held by APPELMANS GROUP (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Begoniastraat 32
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.985.333
- VAT number
- BE 0432.985.333
- Registered office
- Begoniastraat 32, 9810 Nazareth-De Pinte
- Names & denominations
- APPELMANS J.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1988
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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