ACTIVE

APPLICA

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Financial year 2025 · closed on 31/12/2025

Net result

158,9 k €

-51.8% YoY

Revenue

2,1 M €

-26.5% YoY

Equity

1,5 M €

-0.1% YoY

Workforce

7,1 ETP

-7.8% YoY

What does APPLICA do?

APPLICA is a Private limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 7,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.564.739

Incorporation

11/02/1992

Legal form

Private limited company

Registered office

Rue Van Campenhout 37
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

7,1 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities 74142Specialised design activities+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,1 M €	-26.5%	2,9 M €	+14.8%	2,5 M €	-10.3%	2,8 M €	+4.0%	2,7 M €	+1.2%	2,7 M €	-4.0%	2,8 M €	+15.7%	2,4 M €	-4.2%	2,5 M €	-26.2%	3,4 M €	+19.4%	2,9 M €	-0.2%	2,9 M €	-11.6%	3,2 M €	-3.2%	3,4 M €	-3.1%	3,5 M €	+4.0%	3,3 M €	+148%	1,3 M €	-9.1%	1,5 M €	+8.9%	1,4 M €	+27.1%	1,1 M €
EBITDA	156,1 k €	-64.7%	442,2 k €	+71.2%	258,4 k €	+44.1%	179,3 k €	+46.9%	122,0 k €	+5.1%	116,1 k €	-0.4%	116,5 k €	-39.1%	191,3 k €	-17.2%	231,1 k €	-49.0%	453,0 k €	+4.0%	435,6 k €	+131%	188,6 k €	-20.3%	236,7 k €	-14.0%	275,3 k €	-32.3%	406,3 k €	+140%	169,0 k €	+76.2%	96,0 k €	+34.2%	71,5 k €	-14.6%	83,7 k €	+86.9%	44,8 k €
Operating result	143,7 k €	-66.5%	429,0 k €	+71.0%	250,9 k €	+47.0%	170,7 k €	+51.5%	112,7 k €	+5.7%	106,6 k €	-0.4%	107,1 k €	-39.2%	176,0 k €	-16.6%	211,0 k €	-51.0%	430,7 k €	+4.3%	412,8 k €	+154%	162,7 k €	-24.4%	215,1 k €	-16.0%	256,1 k €	-34.0%	387,8 k €	+158%	150,1 k €	+112%	70,6 k €	+45.4%	48,6 k €	-26.3%	66,0 k €	+120%	30,0 k €
Net result	158,9 k €	-51.8%	329,8 k €	+79.0%	184,3 k €	+41.3%	130,4 k €	+52.2%	85,7 k €	+2.3%	83,8 k €	+2.5%	81,7 k €	-31.8%	119,9 k €	-9.6%	132,6 k €	-52.8%	281,2 k €	+51.2%	185,9 k €	+96.1%	94,8 k €	-11.8%	107,5 k €	-47.7%	205,6 k €	-26.6%	280,1 k €	+136%	118,8 k €	+118%	54,5 k €	+68.6%	32,3 k €	-31.1%	46,9 k €	+137%	19,8 k €
Balance sheet
Equity	1,5 M €	-0.1%	1,5 M €	+5.5%	1,5 M €	+12.0%	1,3 M €	-12.4%	1,5 M €	-4.2%	1,5 M €	+5.7%	1,5 M €	+1.2%	1,4 M €	+2.3%	1,4 M €	+7.2%	1,3 M €	+19.7%	1,1 M €	+25.9%	873,5 k €	+8.0%	808,7 k €	-0.6%	813,7 k €	+33.8%	608,1 k €	+85.4%	327,9 k €	+56.8%	209,1 k €	+35.2%	154,6 k €	+26.4%	122,3 k €	+62.2%	75,4 k €
Total assets	2,3 M €	-21.1%	2,9 M €	+31.5%	2,2 M €	-11.1%	2,5 M €	+2.2%	2,4 M €	+2.1%	2,4 M €	-9.8%	2,6 M €	+34.4%	2,0 M €	-27.7%	2,7 M €	-2.1%	2,8 M €	+28.9%	2,1 M €	-39.2%	3,5 M €	-9.1%	3,9 M €	+64.6%	2,4 M €	+2.0%	2,3 M €	+11.3%	2,1 M €	+184%	731,2 k €	-46.0%	1,4 M €	+47.1%	920,6 k €	-0.9%	929,5 k €
Cash	394,7 k €	-36.1%	617,7 k €	+337%	141,4 k €	-87.6%	1,1 M €	-2.2%	1,2 M €	+14.5%	1,0 M €	-3.1%	1,1 M €	+6.3%	988,4 k €	-54.9%	2,2 M €	+11.7%	2,0 M €	+60.2%	1,2 M €	+12.7%	1,1 M €	+46.1%	744,6 k €	-5.7%	789,7 k €	-0.7%	795,4 k €	-15.0%	935,4 k €	+199%	312,6 k €	+5051%	6,1 k €	-89.6%	58,2 k €	-79.3%	280,4 k €
Debts	757,7 k €	-41.8%	1,3 M €	+73.1%	751,9 k €	-36.4%	1,2 M €	+25.1%	945,6 k €	+13.7%	831,6 k €	-29.2%	1,2 M €	+127%	516,6 k €	-47.5%	983,4 k €	-14.2%	1,1 M €	+23.0%	931,5 k €	-57.8%	2,2 M €	-27.7%	3,1 M €	+99.4%	1,5 M €	+8.3%	1,4 M €	+15.4%	1,2 M €	+229%	372,5 k €	-61.7%	972,5 k €	+181%	346,6 k €	+107%	167,5 k €
Other
Workforce	7,1 ETP	-7.8%	7,7 ETP	-6.1%	8,2 ETP	-12.8%	9,4 ETP	-7.8%	10,2 ETP	-1.0%	10,3 ETP	+10.8%	9,3 ETP	0.0%	9,3 ETP	-1.1%	9,4 ETP	-1.1%	9,5 ETP	+5.6%	9,0 ETP	+12.5%	8,0 ETP	-11.1%	9,0 ETP	0.0%	9,0 ETP	+12.5%	8,0 ETP	0.0%	8,0 ETP	+14.3%	7,0 ETP	0.0%	7,0 ETP	+16.7%	6,0 ETP	+50.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Social Research Group

Director · since 26 novembre 2024 · 1014.715.614

Represented by Louis-Philippe Carrier

Active

Ended mandates

Loredana SEMENTINI

Director · since 07 février 1992

Ended

Loredana SEMENTINI

Director · until 26 novembre 2024

Ended

Loredana SEMENTINI

Director

Ended

Loredana SEMENTINI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
SOWE● Active	0869.917.279

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/05/2026	27/05/2025	24/05/2024	28/04/2023	21/06/2022	15/06/2021
General meeting	18/05/2026	06/05/2025	15/04/2024	27/04/2023	15/04/2022	15/04/2021
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

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	20/05/2026	French	PDF
Abridged model	31/12/2024	06/05/2025	27/05/2025	French	PDF
Abridged model	31/12/2023	15/04/2024	24/05/2024	French	PDF
Abridged model	31/12/2022	27/04/2023	28/04/2023	French	PDF
Abridged model	31/12/2021	15/04/2022	21/06/2022	French	PDF
Abridged model	31/12/2020	15/04/2021	15/06/2021	French	PDF
Abridged model	31/12/2019	15/04/2020	16/06/2020	French	PDF
Abridged modelCorrection	31/12/2018	15/04/2019	15/05/2019	French	PDF
Abridged model	31/12/2018	15/04/2019	30/04/2019	French	PDF
Abridged model	31/12/2017	16/04/2018	22/05/2018	French	PDF
Abridged model	31/12/2016	15/04/2017	01/08/2017	French	PDF
Abridged modelCorrection	31/12/2015	15/03/2016	08/11/2016	French	PDF
Abridged model	31/12/2015	15/03/2016	28/10/2016	French	PDF
Abridged model	31/12/2014	15/03/2015	30/10/2015	French	PDF
Abridged model	31/12/2013	15/04/2014	31/12/2014	French	PDF
Abridged model	31/12/2012	15/04/2013	25/07/2013	French	PDF
Abridged model	31/12/2011	16/04/2012	31/12/2012	French	PDF
Abridged model	31/12/2010	15/04/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	15/04/2010	05/08/2010	French	PDF
Abridged model	31/12/2008	15/04/2009	15/06/2009	French	PDF
Abridged model	31/12/2007	15/04/2008	26/09/2008	French	PDF
Abridged model	31/12/2006	16/04/2007	21/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 4 ended

Active mandates

Social Research Group

Director · since 26 novembre 2024 · 1014.715.614

Represented by Louis-Philippe Carrier

Active

Ended mandates

Loredana SEMENTINI

Director · since 07 février 1992

Ended

Loredana SEMENTINI

Director · until 26 novembre 2024

Ended

Loredana SEMENTINI

Director

Ended

Loredana SEMENTINI

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates06/12/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other11/12/2017
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025158,9 k €↓
2024
Annual accounts 2024329,8 k €↑
2023
Annual accounts 2023184,3 k €↑
2022
Annual accounts 2022130,4 k €↑
2021
Annual accounts 202185,7 k €↑
2020
Annual accounts 202083,8 k €↑
2019
Annual accounts 201981,7 k €↓
2018
Annual accounts 2018119,9 k €↓
2017
Annual accounts 2017132,6 k €↓
2016
Annual accounts 2016281,2 k €↑
2015
Annual accounts 2015185,9 k €↑
2014
Annual accounts 201494,8 k €↓
2013
Annual accounts 2013107,5 k €↓
2012
Annual accounts 2012205,6 k €↓
2011
Annual accounts 2011280,1 k €↑
2010
Annual accounts 2010118,8 k €↑
2009
Annual accounts 200954,5 k €↑
2008
Annual accounts 200832,3 k €↓
2007
Annual accounts 200746,9 k €↑
2006
Annual accounts 200619,8 k €
11/02/1992
IncorporationPrivate 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

APPLICA

Overview

What does APPLICA do?

Trend over 20 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