ACTIVE

APPLICATION SOFTWARE ENGINEERING BELGIUM

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Financial year 2025 · closed on 30/06/2025

Net result

23,6 k €

-20.7% YoY

Gross margin

47,9 k €

+4.5% YoY

Equity

285,9 k €

+9.0% YoY

What does APPLICATION SOFTWARE ENGINEERING BELGIUM do?

APPLICATION SOFTWARE ENGINEERING BELGIUM is a Private limited company incorporated in 1994. Its registered office is in Maasmechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.120.553

Incorporation

22/07/1994

Legal form

Private limited company

Registered office

Heirstraat(M) 197
3630 Maasmechelen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010
Income statement
Gross margin	47,9 k €	+4.5%	45,9 k €	-10.9%	51,5 k €	+2.1%	50,4 k €	+16.9%	43,1 k €	-1.6%	43,8 k €	-23.6%	57,4 k €	+3.1%	55,7 k €	+12.7%	49,4 k €	-21.3%	62,7 k €	+26.9%	49,5 k €	0.0%	49,5 k €	0.0%	49,5 k €	-0.7%	49,8 k €
EBITDA	47,8 k €	+4.6%	45,7 k €	-11.2%	51,4 k €	+2.1%	50,4 k €	+17.6%	42,8 k €	-2.3%	43,8 k €	-23.5%	57,3 k €	+3.3%	55,5 k €	+12.5%	49,3 k €	-19.7%	61,4 k €	+24.4%	49,4 k €	0.0%	49,4 k €	+1.6%	48,6 k €	-0.8%	49 k €
Operating result	31,6 k €	+5.5%	30 k €	+7.4%	27,9 k €	+5.7%	26,4 k €	+33.8%	19,7 k €	-5.2%	20,8 k €	-39.3%	34,3 k €	+5.6%	32,5 k €	+23.4%	26,3 k €	-31.5%	38,4 k €	+45.7%	26,4 k €	0.0%	26,4 k €	+3.1%	25,6 k €	-4.1%	26,7 k €
Net result	23,6 k €	-20.7%	29,7 k €	+54.7%	19,2 k €	+13.9%	16,9 k €	-58.5%	40,7 k €	+519%	-9,7 k €	-158%	16,8 k €	-2.3%	17,2 k €	+10.4%	15,6 k €	+476%	-4,2 k €	-156%	7,5 k €	-51.4%	15,4 k €	+322%	-6,9 k €	-220%	-2,2 k €
Balance sheet
Equity	285,9 k €	+9.0%	262,3 k €	+12.8%	232,6 k €	+9.0%	213,4 k €	+8.6%	196,5 k €	+26.1%	155,8 k €	-5.9%	165,5 k €	+11.3%	148,7 k €	+13.1%	131,4 k €	+13.5%	115,8 k €	-3.5%	120 k €	+6.6%	112,5 k €	+25.3%	89,8 k €	-7.2%	96,7 k €
Total assets	342,9 k €	+0.9%	339,8 k €	+3.6%	328 k €	+8.2%	303 k €	+3.5%	292,7 k €	+1.6%	288 k €	-15.4%	340,3 k €	-7.1%	366,4 k €	-0.3%	367,4 k €	-3.0%	378,7 k €	-6.0%	402,7 k €	-3.6%	417,8 k €	-9.8%	463,2 k €	-2.4%	474,5 k €
Cash	73 k €	-70.8%	249,9 k €	+963%	23,5 k €	-9.3%	25,9 k €	-7.2%	27,9 k €	+19.5%	23,4 k €	-30.0%	33,4 k €	+9.4%	30,5 k €	+16.9%	26,1 k €	-0.0%	26,1 k €	-1.0%	26,3 k €	+3.6%	25,4 k €	+3.0%	24,7 k €	+1.2%	24,4 k €
Debts	3,2 k €	-95.9%	77,5 k €	-18.7%	95,4 k €	+16.8%	81,6 k €	-5.3%	86,2 k €	-34.8%	132,2 k €	-24.3%	174,7 k €	-19.7%	217,7 k €	-7.8%	236 k €	-10.2%	262,9 k €	-7.0%	282,7 k €	-7.4%	305,3 k €	-18.3%	373,5 k €	-1.2%	377,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Arnold Schreurs

Director

Active

Ended mandates

Arnold Schreurs

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CULIRAMA● Active	0437.016.474

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	03/02/2026	12/02/2025	19/02/2024	06/02/2023	01/02/2022	02/02/2021
General meeting	31/10/2025	31/10/2024	01/12/2023	01/12/2022	01/12/2021	31/10/2020
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	31/10/2025	03/02/2026	Dutch	PDF
Micro model	30/06/2024	31/10/2024	12/02/2025	Dutch	PDF
Micro model	30/06/2023	01/12/2023	19/02/2024	Dutch	PDF
Micro model	30/06/2022	01/12/2022	06/02/2023	Dutch	PDF
Micro model	30/06/2021	01/12/2021	01/02/2022	Dutch	PDF
Micro model	30/06/2020	31/10/2020	02/02/2021	Dutch	PDF
Micro model	30/06/2019	31/10/2019	08/12/2020	Dutch	PDF
Micro model	30/06/2018	31/10/2018	13/11/2018	Dutch	PDF
Micro model	30/06/2017	15/11/2017	16/11/2017	Dutch	PDF
Abridged model	30/06/2016	30/11/2016	15/11/2017	Dutch	PDF
Abridged model	30/06/2015	30/11/2015	18/01/2016	Dutch	PDF
Abridged model	30/06/2014	30/11/2014	28/09/2015	Dutch	PDF
Abridged model	30/06/2011	06/12/2011	29/02/2012	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	30/09/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Arnold Schreurs

Director

Active

Ended mandates

Arnold Schreurs

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/08/2025
WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN,
PDF
Registered office09/12/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office21/12/2010
MAATSCHAPPELIJKE ZETEL
PDF
Registered office21/12/2010
MAATSCHAPPELIJKE ZETEL
PDF
Court decision08/01/2002
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Court decision08/12/2001
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
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 202523,6 k €↓
2024
Annual accounts 202429,7 k €↑
2023
Annual accounts 202319,2 k €↑
2022
Annual accounts 202216,9 k €↓
2021
Annual accounts 202140,7 k €↑
2020
Annual accounts 2020-9,7 k €↓
2019
Annual accounts 201916,8 k €↓
2018
Annual accounts 201817,2 k €↑
2017
Annual accounts 201715,6 k €↑
2016
Annual accounts 2016-4,2 k €↓
2015
Annual accounts 20157,5 k €↓
2014
Annual accounts 201415,4 k €↑
2011
Annual accounts 2011-6,9 k €↓
2010
Annual accounts 2010-2,2 k €
22/07/1994
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

APPLICATION SOFTWARE ENGINEERING BELGIUM

Overview

What does APPLICATION SOFTWARE ENGINEERING BELGIUM do?

Trend over 14 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