ACTIVE

GROUP AP PROJECT DEVELOPMENT

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

-299,7 k €

-122.3% YoY

Gross margin

-217,7 k €

-110.4% YoY

Equity

3,8 M €

-7.3% YoY

Workforce

0,0 ETP

What does GROUP AP PROJECT DEVELOPMENT do?

GROUP AP PROJECT DEVELOPMENT is a Public limited company incorporated in 1983. Its main activity is: Construction of buildings. Its registered office is in Nieuwpoort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.147.634

Incorporation

20/12/1983

Legal form

Public limited company

Registered office

Albert I laan 27
8620 Nieuwpoort · FlandreSee on map

Contributed capital

1 175 000,00 €

Latest accounts

30/06/2025

Average workforce

0,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 70311Activities of head offices; management consultancy activities 68310Real estate agencies 68311Real estate agencies

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-217,7 k €	-110%	2,1 M €	+13.2%	1,8 M €	+25701%	-7,2 k €	+89.1%	-66 k €	-44.3%	-45,8 k €	-252%	30,2 k €	+120%	-151,1 k €	-172%	208,8 k €	-28.6%	292,7 k €	+34.9%	217 k €	+2.3%	212,1 k €	+888%	-26,9 k €	-154%	50 k €	-67.4%	153,3 k €	+3.7%	147,8 k €	-28.2%	206 k €	+40.5%	146,6 k €	-61.5%	380,8 k €
EBITDA	-218 k €	-111%	2,1 M €	+12.8%	1,8 M €	+8079%	-23 k €	+65.3%	-66,3 k €	-44.7%	-45,8 k €	-255%	29,6 k €	+119%	-151,8 k €	-174%	206,4 k €	-29.1%	291,1 k €	+34.5%	216,4 k €	+6.8%	202,5 k €	+736%	-31,8 k €	-173%	43,4 k €	-70.4%	146,6 k €	-0.8%	147,8 k €	+67.2%	88,4 k €	+152%	-169,3 k €	-347%	68,5 k €
Operating result	-223,2 k €	-111%	2 M €	+12.9%	1,8 M €	+4369%	-42,5 k €	+50.0%	-85 k €	-32.5%	-64,2 k €	-534%	14,8 k €	+109%	-157,2 k €	-176%	206,4 k €	-29.1%	291,1 k €	+34.5%	216,4 k €	+6.8%	202,5 k €	+682%	-34,8 k €	-188%	39,6 k €	-66.9%	119,7 k €	+6.4%	112,5 k €	+69.1%	66,5 k €	+125%	-262,9 k €	-1663%	-14,9 k €
Net result	-299,7 k €	-122%	1,3 M €	-15.2%	1,6 M €	+4554%	34,1 k €	+134%	-99,4 k €	+18.8%	-122,4 k €	-543%	27,6 k €	+118%	-151,9 k €	-174%	206,2 k €	+184%	72,5 k €	-66.8%	218,6 k €	+6.9%	204,5 k €	+6617%	-3,1 k €	-118%	17,7 k €	-81.6%	96,2 k €	+15.4%	83,4 k €	+52.9%	54,5 k €	+120%	-278,7 k €	-841%	-29,6 k €
Balance sheet
Equity	3,8 M €	-7.3%	4,1 M €	+49.1%	2,7 M €	+137%	1,2 M €	+3.0%	1,1 M €	-8.2%	1,2 M €	-9.1%	1,3 M €	+2.1%	1,3 M €	-10.4%	1,5 M €	+16.4%	1,3 M €	+6.1%	1,2 M €	+11.1%	1,1 M €	+952%	101,6 k €	-3.0%	104,7 k €	-66.6%	313,3 k €	+44.3%	217,1 k €	+62.4%	133,7 k €	+68.9%	79,2 k €	-77.9%	357,9 k €
Total assets	7,9 M €	+7.4%	7,4 M €	-16.7%	8,8 M €	+106%	4,3 M €	-39.0%	7 M €	-31.4%	10,3 M €	+110%	4,9 M €	+46.7%	3,3 M €	+114%	1,6 M €	+22.7%	1,3 M €	-6.5%	1,4 M €	+13.6%	1,2 M €	+146%	487,3 k €	+24.1%	392,7 k €	-65.4%	1,1 M €	+17.7%	964,3 k €	+13.3%	850,9 k €	+26.6%	672,3 k €	-11.8%	762,3 k €
Cash	218,3 k €	+79.6%	121,5 k €	-46.8%	228,5 k €	-79.2%	1,1 M €	+925%	107,3 k €	+49.9%	71,6 k €	+15.0%	62,2 k €	-94.8%	1,2 M €	+73.1%	693,2 k €	+1656%	39,5 k €	+287%	10,2 k €	-60.2%	25,6 k €	+491%	4,3 k €	-49.5%	8,6 k €	+61.1%	5,3 k €	+39.1%	3,8 k €	-75.0%	15,4 k €	-57.4%	36,1 k €	-54.1%	78,6 k €
Debts	4,1 M €	+25.8%	3,3 M €	-45.6%	6 M €	+92.1%	3,1 M €	-47.1%	5,9 M €	-34.5%	9 M €	+155%	3,6 M €	+75.7%	2 M €	+2051%	94 k €	+685%	12 k €	-93.1%	172,3 k €	+34.9%	127,7 k €	-66.5%	381 k €	+32.3%	287,9 k €	-64.9%	821,1 k €	+9.9%	747,2 k €	+4.2%	717,2 k €	+20.9%	593,1 k €	+46.7%	404,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		0,7 ETP	-87.7%	5,7 ETP	+5.6%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 27 ended

Active mandates

ALAIN RENDERS BEHEER

Director · since 27 décembre 2022 · until 16 décembre 2028 · 0448.653.803

Represented by Alain RENDERS

Active

HUBERT VAN LAEREN

Director · since 27 décembre 2022 · until 16 décembre 2028 · 0881.579.748

Represented by Hubert VAN LAEREN

Active

Ended mandates

ALAIN RENDERS BEHEER

Director · since 27 décembre 2022 · 0448.653.803

Represented by Alain RENDERS

Ended

HUBERT VAN LAEREN

Director · since 27 décembre 2022 · 0881.579.748

Represented by Hubert VAN LAEREN

Ended

ALAIN RENDERS BEHEER

Director · since 15 décembre 2018 · until 07 décembre 2024 · 0448.653.803

Represented by Alain RENDERS

Ended

ALAIN RENDERS BEHEER

Managing director · since 15 décembre 2018 · until 07 décembre 2024 · 0448.653.803

Represented by Alain Renders

Ended

At this address

Other companies at this address

Company	CBE no.
ALAIN RENDERS BEHEER● Active	0448.653.803
B.A.R.● Active	0889.269.769
BEYOND - ASSOCIATIONS & EVENTS● Active	1015.851.405
Deelvereniging van mede-eigenaars Parkeergarage Sailors' Park lot II te NIeuwpoort, Albert I laan● Active	1030.339.047
GROUP AP INVEST● Active	0795.320.024
IMMOBILARIA VAN LAEREN● Active	0881.856.791
L'Atelier Contemporain● Active	0422.216.155
L'ATELIER PROMOTIONS● Active	0460.158.397
PRINCESS● Active	0474.118.479
RESIDENTIES APOLLO● Active	0462.093.053
VELASQUEZ● Active	0865.094.993

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	06/02/2025	31/01/2024	23/02/2023	24/02/2022	26/02/2021
General meeting	20/12/2025	21/12/2024	25/01/2024	24/12/2022	04/12/2021	23/01/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	20/12/2025	02/02/2026	Dutch	PDF
Abridged model	30/06/2024	21/12/2024	06/02/2025	Dutch	PDF
Abridged model	30/06/2023	25/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	24/12/2022	23/02/2023	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	24/02/2022	Dutch	PDF
Abridged model	30/06/2020	23/01/2021	26/02/2021	Dutch	PDF
Abridged model	30/06/2019	28/12/2019	27/02/2020	Dutch	PDF
Abridged model	30/06/2018	15/12/2018	29/01/2019	Dutch	PDF
Abridged model	30/06/2017	23/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	14/01/2017	02/02/2017	Dutch	PDF
Abridged model	30/06/2015	14/01/2016	27/01/2016	Dutch	PDF
Abridged model	30/06/2014	27/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	26/02/2014	Dutch	PDF
Abridged model	30/06/2012	22/12/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	30/12/2011	Dutch	PDF
Abridged model	30/06/2010	20/12/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	21/12/2009	31/01/2010	Dutch	PDF
Abridged model	30/06/2008	31/12/2008	31/01/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	13/08/2007	04/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 27 ended

Active mandates

ALAIN RENDERS BEHEER

Director · since 27 décembre 2022 · until 16 décembre 2028 · 0448.653.803

Represented by Alain RENDERS

Active

HUBERT VAN LAEREN

Director · since 27 décembre 2022 · until 16 décembre 2028 · 0881.579.748

Represented by Hubert VAN LAEREN

Active

Ended mandates

ALAIN RENDERS BEHEER

Director · since 27 décembre 2022 · 0448.653.803

Represented by Alain RENDERS

Ended

HUBERT VAN LAEREN

Director · since 27 décembre 2022 · 0881.579.748

Represented by Hubert VAN LAEREN

Ended

ALAIN RENDERS BEHEER

Director · since 15 décembre 2018 · until 07 décembre 2024 · 0448.653.803

Represented by Alain RENDERS

Ended

ALAIN RENDERS BEHEER

Managing director · since 15 décembre 2018 · until 07 décembre 2024 · 0448.653.803

Represented by Alain Renders

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/06/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/03/2013
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring12/03/2013
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates16/07/2008
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/06/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-299,7 k €↓
2024
Annual accounts 20241,3 M €↓
2023
Annual accounts 20231,6 M €↑
2022
Annual accounts 202234,1 k €↑
2021
Annual accounts 2021-99,4 k €↑
2020
Annual accounts 2020-122,4 k €↓
2019
Annual accounts 201927,6 k €↑
2018
Annual accounts 2018-151,9 k €↓
2017
Annual accounts 2017206,2 k €↑
2016
Annual accounts 201672,5 k €↓
2015
Annual accounts 2015218,6 k €↑
2014
Annual accounts 2014204,5 k €↑
2012
Annual accounts 2012-3,1 k €↓
2011
Annual accounts 201117,7 k €↓
2010
Annual accounts 201096,2 k €↑
2009
Annual accounts 200983,4 k €↑
2008
Annual accounts 200854,5 k €↑
2007
Annual accounts 2007-278,7 k €↓
2006
Annual accounts 2006-29,6 k €
20/12/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GROUP AP PROJECT DEVELOPMENT

Overview

What does GROUP AP PROJECT DEVELOPMENT do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline