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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AP GUSTO from Malmedy, company number BE0763702378, closed financial year 2025 with a result of € 37,625 after tax. For that financial year AP GUSTO recorded a gross margin of € 111,244 and equity of € -100,260. Compared with financial year 2024, the result moved from € 25,910 to € 37,625. Profitable, and profit is growing. 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 August 24, 2026.
€ -100,260
▲ € 37,625 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,625
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 18,063
▲ 109% 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 € -110,260.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,920
▼ 84% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 1,202
▼ 93% vs 2024
Loans from banks and other lenders, long and short.
€ 28,985
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 513
▼ 94% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,040 | € 82,635 | € 117,016 | € 111,244 | ▼ 5% |
| Profit after taxes | € -63,451 | € -27,282 | € 25,910 | € 37,625 | ▲ 45% |
| Equity | € -136,513 | € -164,445 | € -137,885 | € -100,260 | ▲ € 37,625 |
| Total debts | € 283,789 | € 261,381 | € 255,727 | € 192,530 | ▼ 25% |
| Cash | € 19,879 | € 3,495 | € 8,642 | € 18,063 | ▲ 109% |
| Retained profit | € -146,513 | € -174,445 | € -147,885 | € -110,260 | ▲ € 37,625 |
| Bank debt | € 40,780 | € 29,157 | € 17,752 | € 1,202 | ▼ 93% |
| Balance sheet total | € 147,276 | € 96,935 | € 117,842 | € 92,269 | ▼ 22% |
Key figures of AP GUSTO, 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 AP GUSTO?
What happened at AP GUSTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,625 (▲ 45% vs 2024). filed late Source: NBB ↗
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,451 loss in 2022 to € 37,625 profit in 2025.
Best year ever: 2025, with € 37,625 profit.
Management
Behind AP GUSTO is Olivier Marie Paquot. Olivier Marie Paquot is also behind LA DUCALE V.E., EUROFLEX, CONNEXITY, IMMO FRANCO and AUX FLO-RAISONS DE GUY.
Directors
According to the 2025 annual accounts
Olivier Marie Paquot
Director
Also active at: LA DUCALE V.E., EUROFLEX, CONNEXITY, IMMO FRANCO, AUX FLO-RAISONS DE GUY, HOTEL FRANCORCHAMPS PITLANE LODGE
Establishments
Establishment units
Physical locations of this company
Place Albert Ier 8
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.702.378
- VAT number
- BE 0763.702.378
- Registered office
- Place Albert Ier 8, 4960 Malmedy
- Names & denominations
- AP GUSTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2021
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- [email protected]
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