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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APAVE BELGIUM from Nivelles, company number BE0871547374, closed financial year 2025 with a result of € -63,877 after tax. For that financial year APAVE BELGIUM recorded a gross margin of € 915,672 and equity of € -419,688. Compared with financial year 2024, the result moved from € -154,177 to € -63,877. The company made a loss. 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 29, 2026.
€ -419,688
▼ € 63,877 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,877
▲ 59 % less loss than in 2024
Profit after tax over the fiscal year.
€ 78,523
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
9.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 804,555
▲ 27% vs 2024
€ 86,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 125,606
▲ 12% 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.
€ 419,645
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 151,285
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 443,196 | € 729,050 | € 599,367 | € 915,672 | ▲ 53% |
| Profit after taxes | € -2,254 | € 172,065 | € -154,177 | € -63,877 | ▲ € 90,300 |
| Equity | € -373,699 | € -201,634 | € -355,811 | € -419,688 | ▼ € 63,877 |
| Total debts | € 901,579 | € 832,715 | € 1,001,600 | € 1,152,801 | ▲ 15% |
| Cash | € 159,264 | € 91,373 | € 110,547 | € 78,523 | ▼ 29% |
| Retained profit | € -373,699 | € -201,634 | € -355,811 | € -419,688 | ▼ € 63,877 |
| Balance sheet total | € 527,880 | € 631,081 | € 645,789 | € 733,113 | ▲ 14% |
| Employees (FTE) | 5.4 | 6.7 | 7.9 | 9.3 | ▲ 1.4 |
Key figures of APAVE BELGIUM, 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 APAVE BELGIUM?
What happened at APAVE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,877. filed late Source: NBB ↗
- APAVE INTERNATIONAL became a director. NBB
- APAVE NORD-OUEST became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,254 loss in 2022 to € 63,877 loss in 2025.
Paid € 308 in corporate taxes since 2022.
Best year ever: 2023, with € 172,065 profit.
On average € 98,500 of value added per employee in 2025.
A new publication or filing at APAVE BELGIUM? 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 APAVE BELGIUM are APAVE INTERNATIONAL and APAVE NORD-OUEST.
Directors
According to the 2025 annual accounts
APAVE INTERNATIONAL
Director · represented by Eric Simon
since 2023
APAVE NORD-OUEST
Director · represented by Aurélien Le Blan
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée de Namur 61
1400 Nivelles
Chaussée de Namur 61
1402 Nivelles
Active since 31 January 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.547.374
- VAT number
- BE 0871.547.374
- Registered office
- Chaussée de Namur 61, 1400 Nivelles
- Names & denominations
- APAVE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 31 January 2005
- Peppol
- Active · Active since 22 Aug 2025
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