ACTIVE

APPLICATION SOFTWARE ENGINEERING PEC

Financial year 2024 · closed on 31/12/2024
Net result
21,3 k €
-30.8% YoY
Gross margin
23,8 k €
-49.2% YoY
Equity
758,8 k €
+2.9% YoY

What does APPLICATION SOFTWARE ENGINEERING PEC do?

APPLICATION SOFTWARE ENGINEERING PEC is a Private limited company incorporated in 2001. Its main activity is: Computer programming activities. Its registered office is in Maasmechelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.263.385
Incorporation
06/03/2001
Legal form
Private limited company
Registered office
Heirstraat(E) 197
3630 Maasmechelen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20242023202220212020201920182017201620152014201320112010200920072006200520042003
Income statement
Gross margin23,8 k €46,8 k €24,8 k €-29,9 k €87,7 k €83,9 k €61,6 k €27,6 k €42,2 k €29,3 k €41,1 k €48,6 k €19,0 k €27,4 k €19,0 k €23,6 k €27,2 k €29,2 k €48,0 k €59,8 k €
EBITDA23,5 k €46,5 k €24,6 k €-30,2 k €87,7 k €83,8 k €60,4 k €26,6 k €42,2 k €29,3 k €41,0 k €48,2 k €18,3 k €27,4 k €19,0 k €20,7 k €27,2 k €29,2 k €48,0 k €59,8 k €
Operating result20,5 k €43,5 k €21,6 k €-32,3 k €87,7 k €83,8 k €60,4 k €26,6 k €42,2 k €29,3 k €41,0 k €48,2 k €18,3 k €27,4 k €19,0 k €20,7 k €27,2 k €29,2 k €48,0 k €59,8 k €
Net result21,3 k €30,8 k €21,6 k €-30,2 k €74,1 k €65,4 k €50,5 k €26,5 k €38,2 k €37,0 k €47,5 k €33,4 k €15,7 k €42,6 k €14,3 k €24,2 k €-25,0 k €29,4 k €34,0 k €39,8 k €
Balance sheet
Equity758,8 k €737,5 k €706,8 k €685,2 k €715,4 k €641,3 k €575,9 k €525,4 k €498,9 k €460,6 k €423,7 k €376,2 k €285,3 k €269,6 k €227,0 k €175,8 k €151,6 k €176,6 k €147,3 k €113,3 k €
Total assets1,3 M €1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €1,0 M €1,0 M €946,4 k €1,2 M €1,1 M €1,1 M €940,5 k €860,3 k €743,9 k €583,8 k €503,4 k €448,8 k €359,2 k €296,4 k €
Cash1,2 M €191,4 k €1,1 M €1,1 M €1,0 M €957,0 k €850,6 k €795,6 k €721,5 k €862,8 k €822,9 k €809,3 k €632,2 k €476,5 k €445,4 k €285,3 k €265,7 k €236,8 k €119,1 k €119,9 k €
Debts525,6 k €458,7 k €481,7 k €487,6 k €462,2 k €466,7 k €450,2 k €464,4 k €441,1 k €721,4 k €677,7 k €723,8 k €633,1 k €568,7 k €494,9 k €401,5 k €345,3 k €265,7 k €205,4 k €176,6 k €
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 31/12/2024 · 1 active · 2 ended

Active mandates

Arnold Schreurs

Director

Active

Ended mandates

Arnold Schreurs

Mandate

Ended
Arnold Schreurs

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0847.179.984
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202524/09/202428/09/202304/11/202216/11/202101/12/2020
General meeting12/06/202513/06/202408/06/202310/06/202210/06/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202412/06/202530/09/2025DutchPDF
Micro model31/12/202313/06/202424/09/2024DutchPDF
Micro model31/12/202208/06/202328/09/2023DutchPDF
Micro model31/12/202110/06/202204/11/2022DutchPDF
Micro model31/12/202010/06/202116/11/2021DutchPDF
Micro model31/12/201908/09/202001/12/2020DutchPDF
Micro model31/12/201806/06/201925/11/2019DutchPDF
Micro model31/12/201707/06/201813/09/2018DutchPDF
Micro model31/12/201601/06/201719/09/2017DutchPDF
Abridged model31/12/201502/06/201603/11/2016DutchPDF
Abridged model31/12/201406/06/201529/09/2015DutchPDF
Abridged model31/12/201306/06/201429/09/2014DutchPDF
Abridged model31/12/201106/06/201213/12/2012DutchPDF
Abridged model31/12/201006/06/201130/09/2011DutchPDF
Abridged model31/12/200930/06/201023/12/2010DutchPDF
Abridged model31/12/200725/05/200801/09/2010DutchPDF
Abridged model31/12/200625/05/200701/09/2010DutchPDF
Abridged model31/12/200525/05/200621/06/2007DutchPDF
Abridged model31/12/200426/05/200521/06/2007DutchPDF
Abridged model31/12/200327/05/200421/06/2007DutchPDF
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 31/12/2024 · 1 active · 2 ended

Active mandates

Arnold Schreurs

Director

Active

Ended mandates

Arnold Schreurs

Mandate

Ended
Arnold Schreurs

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/12/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office21/12/2010
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2024
    Annual accounts 202421,3 k €
  2. 2023
    Annual accounts 202330,8 k €
  3. 2022
    Annual accounts 202221,6 k €
  4. 2021
    Annual accounts 2021-30,2 k €
  5. 2020
    Annual accounts 202074,1 k €
  6. 2019
    Annual accounts 201965,4 k €
  7. 2018
    Annual accounts 201850,5 k €
  8. 2017
    Annual accounts 201726,5 k €
  9. 2016
    Annual accounts 201638,2 k €
  10. 2015
    Annual accounts 201537,0 k €
  11. 2014
    Annual accounts 201447,5 k €
  12. 2013
    Annual accounts 201333,4 k €
  13. 2011
    Annual accounts 201115,7 k €
  14. 2010
    Annual accounts 201042,6 k €
  15. 2009
    Annual accounts 200914,3 k €
  16. 2007
    Annual accounts 200724,2 k €
  17. 2006
    Annual accounts 2006-25,0 k €
  18. 2005
    Annual accounts 200529,4 k €
  19. 2004
    Annual accounts 200434,0 k €
  20. 2003
    Annual accounts 200339,8 k €
  21. 06/03/2001
    IncorporationPrivate limited company