Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Figures corrected NBB
Corrected annual account filed for 2023, 2024.
Financials
Financial year 2025
AAPI from Antwerpen, company number BE0664752282, closed financial year 2025 with a result of € -1 million after tax. For that financial year AAPI recorded a gross margin of € -58,854 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -1.6 million to € -1 million. The company made a loss. 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 2, 2026.
€ 1.6 million
▲ € 6.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 801,026
▲ € 737,647 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.9 million.
People and assets in 2025
€ 2,605
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 500,000
▼ 93% vs 2024
Loans from banks and other lenders, long and short.
€ 946,641
▲ 60% 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 | € -298,249 | € -997,367 | € -814,607 | € -58,854 | ▲ € 755,753 |
| Profit after taxes | € -1,116,858 | € -1,823,261 | € -1,627,343 | € -1,033,884 | ▲ € 593,460 |
| Equity | € -1,364,540 | € -3,187,801 | € -4,815,144 | € 1,550,972 | ▲ € 6.4 million |
| Total debts | € 3,350,821 | € 5,303,525 | € 7,532,858 | € 1,569,266 | ▼ 79% |
| Cash | € 101,648 | € 89,933 | € 63,379 | € 801,026 | ▲ € 737,647 |
| Retained profit | € -3,440,473 | € -5,263,734 | € -6,891,077 | € -7,924,961 | ▼ € 1 million |
| Bank debt | € 274,879 | € 55,675 | € 6,820,000 | € 500,000 | ▼ 93% |
| Balance sheet total | € 1,986,281 | € 2,115,724 | € 2,717,714 | € 3,120,238 | ▲ 15% |
| Employees (FTE) | 2 | 1.5 | 0.7 | - |
Key figures of AAPI, 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 AAPI?
What happened at AAPI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
- Sébastien Wulf became a director. NBB
- Marc Peeters became a director. NBB
- Marc Van Laer became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2022 to € 1 million loss in 2025.
Paid € 1,611 in corporate taxes since 2022.
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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 AAPI are Sébastien Wulf, Marc Peeters and Marc Van Laer. The shares are held by GROUP S NV.
Directors
According to the 2025 annual accounts
since 2022
Marc Peeters
Director
since 2022
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roderveldlaan 4
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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Level V
+4 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
- 0664.752.282
- VAT number
- BE 0664.752.282
- Registered office
- Roderveldlaan 4, 2600 Antwerpen
- Names & denominations
- AAPI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2016
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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