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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AP/CO from Lier, company number BE0795268257, closed financial year 2025 with a result of € 218,164 after tax. For that financial year AP/CO recorded a gross margin of € 117,280 and equity of € 650,487. Compared with financial year 2024, the result moved from € 188,879 to € 218,164. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2025.
€ 650,487
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 218,164
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 2,127
▼ 98% 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 € 400,487.
Debts at end 2025
€ 3.4 million
▼ 7% vs 2024
€ 137,843 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 11,555
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 20,570 | € 106,542 | € 117,280 | ▲ 10% |
| Profit after taxes | € -6,556 | € 188,879 | € 218,164 | ▲ 16% |
| Equity | € 243,444 | € 432,323 | € 650,487 | ▲ 50% |
| Total debts | € 3,974,372 | € 3,702,944 | € 3,445,840 | ▼ 7% |
| Cash | € 185,717 | € 103,167 | € 2,127 | ▼ 98% |
| Retained profit | € -6,556 | € 182,323 | € 400,487 | ▲ 120% |
| Bank debt | € 3,970,000 | € 3,677,987 | € 3,409,085 | ▼ 7% |
| Balance sheet total | € 4,217,817 | € 4,135,267 | € 4,096,327 | ▼ 1% |
Key figures of AP/CO, fiscal years 2023 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 AP/CO?
What happened at AP/CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 218,164 (▲ 16% vs 2024). Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,556 loss in 2023 to € 218,164 profit in 2025.
Best year ever: 2025, with € 218,164 profit.
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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 AP/CO are Ivan Van Eynde, Jan De Vos, Carl Vissenberg and Filip Verbruggen. It owns 100% of AP/ART Ruimtemakers itself.
Directors
According to the 2025 annual accounts
Jan De Vos
Director
Also active at: AP/ART Ruimtemakers, Savantres Invest, VULPES-INVEST, APART Tuin & Landschap
Filip Verbruggen
Director
Also active at: AP/ART Ruimtemakers, Savantres Invest, V&V GROEP, APART Tuin & Landschap
Establishments
Establishment units
Physical locations of this company
Maasfortbaan 203
2500 Lier
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →AP/ART Ruimtemakers same network
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€ 57,307 gross margin · 2025
Aeen Architecten
€ -863 gross margin · 2025
APART Tuin & Landschap same network
€ 1,608 gross margin · 2025
Architectenteam Wagenmaker
+1 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
- 0795.268.257
- VAT number
- BE 0795.268.257
- Registered office
- Maasfortbaan 203, 2500 Lier
- Names & denominations
- AP/CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2022
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
Activiteiten van holdings
Holdings