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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AAPUS from Nivelles, company number BE0523959257, closed financial year 2025 with a result of € 40,135 after tax. For that financial year AAPUS recorded a gross margin of € 62,220 and equity of € 166,640. Compared with financial year 2024, the result moved from € 33,407 to € 40,135. 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 October 30, 2025.
€ 166,640
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,135
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 18,532
▲ € 15,924 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 69,031 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 73,406
▼ 31% vs 2024
€ 38,401 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 29,826
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,498
▲ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,742 | € 45,946 | € 53,146 | € 62,220 | ▲ 17% |
| Profit after taxes | € 24,593 | € 28,690 | € 33,407 | € 40,135 | ▲ 20% |
| Equity | € 142,546 | € 171,236 | € 195,537 | € 166,640 | ▼ 15% |
| Total debts | € 214,495 | € 200,723 | € 156,652 | € 186,761 | ▲ 19% |
| Cash | € 10,247 | € 19,924 | € 2,608 | € 18,532 | ▲ € 15,924 |
| Retained profit | € 130,146 | € 158,836 | € 183,137 | € 154,240 | ▼ 16% |
| Dividend | € 0 | € 0 | € 9,107 | € 69,031 | ▲ € 59,924 |
| Bank debt | € 177,513 | € 142,754 | € 105,878 | € 73,406 | ▼ 31% |
| Balance sheet total | € 357,041 | € 371,959 | € 352,189 | € 353,401 |
Key figures of AAPUS, 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 October 2026.
What happened to AAPUS?
What happened at AAPUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,135 (▲ 20% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 24,593 profit in 2022 to € 40,135 profit in 2025.
Paid € 61,328 in corporate taxes since 2022.
Best year ever: 2025, with € 40,135 profit.
Paid out € 78,138 in dividends to the owners in total.
Management
Behind AAPUS is François-Xavier VAN MAELE. It owns 98% of Eider Engineering itself.
Directors
According to the 2025 annual accounts
François-Xavier VAN MAELE
Director
Also active at: Jacri, EIDER ENGINEERING, AGORA, Agora Architecture
Establishments
Establishment units
Physical locations of this company
Avenue d'Espagne 3 box 301
1400 Nivelles
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
- 0523.959.257
- VAT number
- BE 0523.959.257
- Registered office
- Avenue d'Espagne 3 bus 301, 1400 Nivelles
- Names & denominations
- AAPUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2013
- Peppol
- Active · Active since 17 Mar 2026
- Activities · NACE
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