Financials
Financial year 2025
A.P.A.C. from Manage, company number BE0456685007, closed financial year 2025 with a result of € 43,469 after tax. For that financial year A.P.A.C. recorded a gross margin of € 3.1 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 131,226 to € 43,469. The company is profitable. 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 July 10, 2026.
€ 2.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,469
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
89
▼ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▼ 1% vs 2024
€ 33,400 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.
€ 24,134
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 996,590
▼ 10% vs 2024
€ 120,203 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 11,201
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 471,485
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,412,844 | € 3,203,931 | € 3,287,566 | € 3,145,869 | ▼ 4% |
| Profit after taxes | € 355,535 | € 233,245 | € 131,226 | € 43,469 | ▼ 67% |
| Equity | € 1,944,341 | € 2,143,267 | € 2,241,559 | € 2,254,927 | ▲ 1% |
| Total debts | € 1,820,045 | € 2,240,711 | € 2,414,619 | € 2,605,977 | ▲ 8% |
| Cash | € 857,291 | € 1,074,671 | € 1,431,903 | € 1,638,951 | ▲ 14% |
| Land & buildings | € 3,164,167 | € 3,046,755 | € 2,929,344 | € 2,813,451 | ▼ 4% |
| Retained profit | € 1,231,993 | € 1,465,238 | € 1,596,464 | € 1,639,933 | ▲ 3% |
| Bank debt | € 1,351,736 | € 1,224,103 | € 1,112,247 | € 996,590 | ▼ 10% |
| Balance sheet total | € 4,520,382 | € 4,705,308 | € 4,935,488 | € 5,099,055 | ▲ 3% |
| Employees (FTE) | 92.3 | 90.9 | 93 | 89 | ▼ 4 |
Key figures of A.P.A.C., 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 A.P.A.C.?
What happened at A.P.A.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raymond Angeli stepped down as director. NBB
- Philippe Cornet stepped down as director. NBB
- Leila Fourati stepped down as director. NBB
- Jean-Luc Theate stepped down as director. NBB
- Benoît LHOST stepped down as director. NBB
- Olivier Bleret stepped down as director. NBB
- Philippe Delcroix stepped down as director. NBB
- Guy Niset stepped down as director. NBB
In short
From € 355,535 profit in 2022 to € 43,469 profit in 2025.
Best year ever: 2022, with € 355,535 profit.
On average € 35,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Raymond Angeli
Director
since 2025 · until 2028
Philippe Cornet
Director
since 2025 · until 2028
Leila Fourati
Director
since 2025 · until 2028
Jean-Luc Theate
Director
since 2025 · until 2028
Benoît LHOST
Director
since 2025 · until 2028
Olivier Bleret
Director
since 2025 · until 2028
Philippe Delcroix
Director
since 2025 · until 2028
Guy Niset
Chairman of the board
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
rue du Chenia 13 box A
7170 Manage
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
- 0456.685.007
- VAT number
- BE 0456.685.007
- Registered office
- rue du Chenia 13 bus A, 7170 Manage
- Names & denominations
- A.P.A.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 25 April 1995
- Peppol
- Active · Active since 27 Feb 2026
- Contact
- apac-belguim.be [email protected]
- Activities · NACE
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