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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Appletree from Elsene, company number BE0524800781, closed financial year 2025 with a result of € -5,609 after tax. For that financial year Appletree recorded a gross margin of € -5,087 and equity of € 5,825. Compared with financial year 2024, the result moved from € -2,665 to € -5,609. The company made a loss. 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 February 18, 2026.
€ 5,825
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,609
▼ 110 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,264
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,775.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,306
▲ € 3,336 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,799 | € -3,740 | € -2,694 | € -5,087 | ▼ € 2,393 |
| Profit after taxes | € -3,423 | € -4,630 | € -2,665 | € -5,609 | ▼ € 2,943 |
| Equity | € 18,730 | € 14,100 | € 11,434 | € 5,825 | ▼ 49% |
| Total debts | € 268 | € 821 | € 970 | € 4,306 | ▲ € 3,336 |
| Cash | € 5,034 | € 4,338 | € 11,058 | € 8,264 | ▼ 25% |
| Retained profit | € 130 | € -4,500 | € -7,166 | € -12,775 | ▼ € 5,609 |
| Balance sheet total | € 18,998 | € 14,921 | € 12,405 | € 10,132 | ▼ 18% |
Key figures of Appletree, 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 Appletree?
What happened at Appletree in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,609. Source: NBB ↗
- Jan Markus Granlund became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,423 loss in 2022 to € 5,609 loss in 2025.
A new publication or filing at Appletree? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Appletree is Jan Markus Granlund.
Directors
According to the 2025 annual accounts
Jan Markus Granlund
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Louizalaan 523
1050 Elsene
Louizalaan 287
1050 Elsene
Active since 1 April 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0524.800.781
- VAT number
- BE 0524.800.781
- Registered office
- Louizalaan 523, 1050 Elsene
- Names & denominations
- Appletree
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2013
- Peppol
- Not registered
- Activities · NACE
Speur- en ontwikkelingswerk op biotechnologisch gebied