AP MANAGEMENT
0472.270.432 · rovalta.com · 27/09/2026
NORMAL SITUATION
AP MANAGEMENT
Company — Normal situation.
Financial year 2025 · Closed on 30/09/2025
Net result-12,2 k €-103,0 %over 1 year
Gross margin16,1 k €-98,0 %over 1 year
Equity4,2 M €+31,5 %over 1 year
Overview
Identity
Source · BCE/KBOAP MANAGEMENT is a company registered in Belgium.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0472.270.432
- Legal form
- Public limited company
- Contributed capital
- 186 000,00 €
- Latest accounts
- 30/09/2025
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 25 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 16,1 k € | -98.0% | 804,7 k € | +43.0% | 562,6 k € | +103% | 277,2 k € | -38.0% | 447,2 k € |
| EBITDA | 12 k € | -98.5% | 789,6 k € | +44.1% | 547,9 k € | +110% | 261,2 k € | -43.8% | 464,7 k € |
| Operating result | -5,3 k € | -101% | 765,8 k € | +52.3% | 502,7 k € | +145% | 205,4 k € | -44.8% | 372,3 k € |
| Net result | -12,2 k € | -103% | 401,9 k € | +431% | -121,4 k € | -303% | 59,8 k € | -68.7% | 191,3 k € |
| Balance sheet | |||||||||
| Equity | 4,2 M € | +31.5% | 3,2 M € | -18.1% | 3,9 M € | +33.7% | 3 M € | +2.1% | 2,9 M € |
| Total assets | 5,3 M € | +35.2% | 3,9 M € | -42.0% | 6,8 M € | +14.6% | 5,9 M € | -1.9% | 6 M € |
| Cash | 507,8 € | -40.7% | 856,4 € | -99.9% | 627,6 k € | +193% | 214,6 k € | -13.1% | 246,9 k € |
| Debts | 564,9 k € | +49.6% | 377,5 k € | -50.9% | 768,9 k € | -15.4% | 908,9 k € | -13.2% | 1 M € |
Board of directors
Source · NBB, accounts to 30/09/20252 active · 11 ended
Active mandates
Lucie BERCHEM
ActiveVincent BERCHEM
ActiveEnded mandates
Antonietta PICCIOTTOLI
EndedBénédicte URBAIN
EndedMuriel URBAIN
EndedAntonietta PICCIOTTOLI
EndedFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/05/2026 | 16/04/2025 | 16/05/2024 | 18/04/2023 | 28/03/2022 | 28/04/2021 |
| General meeting | 29/04/2026 | 14/04/2025 | 19/02/2024 | 03/03/2023 | 04/03/2022 | 18/03/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 25 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 29/04/2026 | 30/05/2026 | French | |
| Micro model | 30/09/2024 | 14/04/2025 | 16/04/2025 | French | |
| Micro model | 30/09/2023 | 19/02/2024 | 16/05/2024 | French | |
| Abridged model | 30/09/2022 | 03/03/2023 | 18/04/2023 | French | |
| Micro model | 30/09/2021 | 04/03/2022 | 28/03/2022 | French | |
| Micro model | 30/09/2020 | 18/03/2021 | 28/04/2021 | French | |
| Micro model | 30/09/2019 | 06/03/2020 | 18/05/2020 | French | |
| Micro model | 30/09/2018 | 15/03/2019 | 24/04/2019 | French | |
| Micro model | 30/09/2017 | 03/03/2018 | 19/04/2018 | French | |
| Abridged model | 30/09/2016 | 03/03/2017 | 04/05/2017 | French | |
| Abridged model | 30/09/2015 | 14/03/2016 | 31/03/2016 | French | |
| Abridged model | 30/09/2014 | 06/03/2015 | 20/04/2015 | French | |
| Abridged model | 30/09/2013 | 07/03/2014 | 12/05/2014 | French | |
| Abridged model | 30/09/2012 | 01/03/2013 | 17/05/2013 | French | |
| Abridged model | 30/09/2011 | 02/03/2012 | 14/05/2012 | French | |
| Abridged model | 30/09/2010 | 04/03/2011 | 28/03/2011 | French | |
| Abridged model | 30/09/2009 | 05/03/2010 | 17/03/2010 | French | |
| Abridged model | 30/09/2008 | 06/03/2009 | 13/05/2009 | French | |
| Abridged model | 30/09/2007 | 07/03/2008 | 24/04/2008 | French | |
| Abridged model | 30/09/2006 | 02/03/2007 | 30/05/2007 | French | |
| Abridged model | 30/09/2005 | 03/03/2006 | 05/04/2006 | French | |
| Abridged model | 30/09/2004 | 04/03/2005 | 08/04/2005 | French | |
| Abridged model | 30/09/2003 | 05/03/2004 | 13/04/2004 | French | |
| Abridged model | 30/09/2002 | 10/03/2003 | 27/05/2003 | French | |
| Abridged model | 30/09/2001 | 01/03/2002 | 08/05/2002 | French |
Valuation
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 30/09/20252 active · 11 ended
Active mandates
Lucie BERCHEM
ActiveVincent BERCHEM
ActiveEnded mandates
Antonietta PICCIOTTOLI
EndedBénédicte URBAIN
EndedMuriel URBAIN
EndedAntonietta PICCIOTTOLI
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution10/04/2026RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring12/12/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring07/07/2025OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring09/05/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
- Mandates06/08/2024SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates31/10/2022DEMISSIONS, NOMINATIONS
- Capital / shares18/07/2019STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Mandates22/05/2018DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-12,2 k €↓
- 2024Annual accounts 2024401,9 k €↑
- 2023Annual accounts 2023-121,4 k €↓
- 2022Annual accounts 202259,8 k €↓
- 2021Annual accounts 2021191,3 k €↑
- 2020Annual accounts 202056,5 k €↓
- 2019Annual accounts 2019312,6 k €↑
- 2018Annual accounts 2018305,2 k €↑
- 2017Annual accounts 201770,6 k €↓
- 2016Annual accounts 2016398,7 k €↑
- 2015Annual accounts 201589,1 k €↓
- 2014Annual accounts 2014150,5 k €↓
- 2013Annual accounts 2013207,2 k €↓
- 2012Annual accounts 2012230,2 k €↓
- 2011Annual accounts 20112,4 M €↑
- 2010Annual accounts 201091,5 k €↑
- 2009Annual accounts 200952,4 k €↓
- 2008Annual accounts 2008153 k €↑
- 2007Annual accounts 200797 k €↑
- 2006Annual accounts 200652,3 k €