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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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
B-APART from Mechelen, company number BE0480721112, closed financial year 2025 with a result of € 178,431 after tax. For that financial year B-APART recorded revenue of € 6.1 million and equity of € 833,961. Compared with financial year 2024, the result moved from € 15,215 to € 178,431. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 12, 2026.
€ 833,961
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,431
▲ € 163,216 vs 2024
Profit after tax over the fiscal year.
€ 132,837
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 815,361.
People and assets in 2025
0
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 21,218
▼ 69% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 16.9 million
▲ 10% vs 2024
€ 162,174 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 1.5 million
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,342
▲ € 58,136 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 6,092,552 | |
| Gross margin | € 620,344 | € 550,712 | € 803,669 | € 866,295 | ▲ 8% |
| Profit after taxes | € 85,765 | € 27,854 | € 15,215 | € 178,431 | ▲ € 163,216 |
| Equity | € 612,461 | € 640,315 | € 655,530 | € 833,961 | ▲ 27% |
| Total debts | € 13,147,908 | € 13,609,617 | € 16,345,914 | € 18,598,905 | ▲ 14% |
| Cash | € 10,290 | € 10,970 | € 1,847,554 | € 132,837 | ▼ 93% |
| Land & buildings | € 557,401 | € 522,739 | € 488,078 | € 16,349,470 | ▲ € 15.9 million |
| Retained profit | € 593,861 | € 621,715 | € 636,930 | € 815,361 | ▲ 28% |
| Bank debt | € 12,015,661 | € 12,636,195 | € 15,415,049 | € 16,929,734 | ▲ 10% |
| Balance sheet total | € 13,857,923 | € 14,347,486 | € 17,098,997 | € 19,530,420 | ▲ 14% |
| Employees (FTE) | 1.8 | 1.8 | 1.8 | 0 | ▼ 1.8 |
Key figures of B-APART, 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 B-APART?
What happened at B-APART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,431 (▲ € 163,216 vs 2024). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,765 profit in 2022 to € 178,431 profit in 2025.
Paid € 80,421 in corporate taxes since 2022.
Best year ever: 2025, with € 178,431 profit.
On average € 446,500 of value added per employee in 2024.
Management
The stake of ABCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B-APARTBehind B-APART are A-star Group NV and A-stars BV. The shares are held by ABCO (100%). It owns 100% of QOT itself.
Directors
According to the 2025 annual accounts
Director · represented by Van Loo Ben
Also active at: ABCO, Jan Moonen, B & Co RENT, Michiels, AB AUTO, MOJA, AB, LOOCA +20 more
Director · represented by Dorien Van den Bosch
Also active at: B & Co RENT, VIA DAM, Holidaystraat, A-STAR GROUP, Klimt, Qot
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Begijnenweide 3
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →ABCO same network
€ 150,201 gross margin · 2025
B & Co RENT same network
€ 379,289 gross margin · 2025
Michiels same network
€ 285,139 gross margin · 2025
WASTI same network
€ 29,983 gross margin · 2025
VIA DAM same network
€ 50,730 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.721.112
- VAT number
- BE 0480.721.112
- Registered office
- Begijnenweide 3, 2800 Mechelen
- Names & denominations
- B-APART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2003
- Peppol
- Active · Active since 20 Nov 2020