Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APW from Heist-op-den-Berg, company number BE0720668032, closed financial year 2025 with a result of € 1,427 after tax. For that financial year APW recorded a gross margin of € 2,912 and equity of € -42,793. Compared with financial year 2024, the result moved from € 7,049 to € 1,427. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -42,793
▲ € 1,427 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,427
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 2,888
▲ € 2,847 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 € -61,393.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 306
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,282
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,889 | € -5,348 | € 9,290 | € 2,912 | ▼ 69% |
| Profit after taxes | € -16,904 | € -11,127 | € 7,049 | € 1,427 | ▼ 80% |
| Equity | € -40,141 | € -51,268 | € -44,220 | € -42,793 | ▲ € 1,427 |
| Total debts | € 73,679 | € 69,546 | € 65,186 | € 62,413 | ▼ 4% |
| Cash | € 264 | € 399 | € 41 | € 2,888 | ▲ € 2,847 |
| Retained profit | € -58,741 | € -69,868 | € -62,820 | € -61,393 | ▲ € 1,427 |
| Balance sheet total | € 33,538 | € 18,277 | € 20,966 | € 19,620 | ▼ 6% |
Key figures of APW, 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 APW?
What happened at APW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,427 (▼ 80% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
In short
From € 16,904 loss in 2022 to € 1,427 profit in 2025.
Best year ever: 2024, with € 7,049 profit.
Management
Behind APW is Thomas Voorspoels.
Directors
According to the 2025 annual accounts
Thomas Voorspoels
Director
Establishments
Establishment units
Physical locations of this company
Hollandstraat 139C
2223 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-AES - Amazon.com, Inc., US
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VOORSPOELS Thomas(oprichter) 100%
Details
- Company number
- 0720.668.032
- VAT number
- BE 0720.668.032
- Registered office
- Hollandstraat 139C, 2223 Heist-op-den-Berg
- Names & denominations
- APW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2019
- Peppol
- Active · Active since 28 Oct 2025
- Contact
- apw-security.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Installatie van isolatie
Overige zakelijke dienstverlening, neg
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Reparatie en onderhoud van elektrische apparatuur
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
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