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
APPLICO from Gent, company number BE0895581006, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year APPLICO recorded a gross margin of € 54,334 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 227,262 to € 1.7 million. Profitable, and profit is growing. 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 June 30, 2026.
€ 2.3 million
▲ 113% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ € 1.5 million vs 2024
Profit after tax over the fiscal year.
€ 208,773
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 499,930 paid out
29 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 23,761
▼ 36% 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.
€ 1,516
▲ € 1,219 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 139,964
▲ € 114,077 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 129,514 | € 138,684 | € 136,369 | € 54,334 | ▼ 60% |
| Profit after taxes | € 229,534 | € 221,059 | € 227,262 | € 1,703,840 | ▲ € 1.5 million |
| Equity | € 657,236 | € 878,295 | € 1,068,089 | € 2,271,999 | ▲ 113% |
| Total debts | € 112,155 | € 41,189 | € 26,185 | € 446,529 | ▲ € 420,344 |
| Cash | € 69,093 | € 147,329 | € 251,317 | € 208,773 | ▼ 17% |
| Retained profit | € 638,636 | € 859,695 | € 1,049,489 | € 2,253,399 | ▲ 115% |
| Dividend | € 8,450 | € 0 | € 37,468 | € 499,930 | ▲ € 462,462 |
| Bank debt | € 20,208 | € 7,510 | € 0 | € 0 | |
| Balance sheet total | € 769,391 | € 919,485 | € 1,094,274 | € 2,718,528 | ▲ 148% |
Key figures of APPLICO, 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 APPLICO?
What happened at APPLICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 229,534 profit in 2022 to € 1.7 million profit in 2025.
Paid € 328,521 in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
Paid out € 545,848 in dividends to the owners in total.
Management
Behind APPLICO is Sven Cornelis. Sven Cornelis is also behind INTERNATIONAL CONSULTING AND TRADING SERVICES C°, ADMINCO, BALDWIN, STAR MATIC and Kindred Belgium.
Directors
According to the 2025 annual accounts
Sven Cornelis
Director
Also active at: INTERNATIONAL CONSULTING AND TRADING SERVICES C°, ADMINCO, BALDWIN, STAR MATIC, Kindred Belgium, UNIFOOT, Finplex, Impulsum +6 more
Establishments
Establishment units
Physical locations of this company
Beekstraatdries 44
9030 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0895.581.006
- VAT number
- BE 0895.581.006
- Registered office
- Beekstraatdries 44, 9030 Gent
- Names & denominations
- APPLICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2008
- Peppol
- Active · Active since 17 Apr 2024
- Activities · NACE
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