ACTIVE

APPELS CONSULT

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
29,2 k €
+134.6% YoY
Revenue
182 k €
+99.8% YoY
Equity
334 k €
+9.6% YoY
Workforce
1,0 ETP
0.0% YoY

What does APPELS CONSULT do?

APPELS CONSULT is a Private limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Holsbeek. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.636.521
Incorporation
11/02/2002
Legal form
Private limited company
Registered office
Dutselstraat 160
3220 Holsbeek · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities69109Legal activities69109Legal activities70210Public relations and communication activities+3
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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 9 financial years

202520242023202220212020201920182017
Income statement
Revenue182 k €91,1 k €272,3 k €129,3 k €178,9 k €206 k €258,6 k €68,5 k €63,9 k €
EBITDA43 k €-41,7 k €132,7 k €10,3 k €73,1 k €89,1 k €133,1 k €31,9 k €39,8 k €
Operating result22,8 k €-65,1 k €111,7 k €2,8 k €66 k €82,8 k €108,2 k €11,7 k €24,2 k €
Net result29,2 k €-84,2 k €137,2 k €-14,7 k €46,1 k €41,7 k €82,4 k €11,2 k €13 k €
Balance sheet
Equity334 k €304,8 k €389,1 k €232,9 k €247,6 k €201,5 k €159,8 k €77,4 k €66,2 k €
Total assets368,4 k €323,3 k €422 k €261 k €316,9 k €239,4 k €188,8 k €92,1 k €77,1 k €
Cash290,5 k €237,7 k €266,5 k €222,3 k €237,7 k €207,8 k €100,8 k €26,4 k €27,9 k €
Debts34,4 k €18,5 k €33 k €28 k €69,3 k €37,9 k €29 k €14,7 k €11 k €
Other
Workforce1,0 ETP1,0 ETP–1,0 ETP1,0 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Walter Appels

Mandate

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202618/06/202517/06/202413/06/202313/06/202228/06/2021
General meeting01/07/202619/05/202520/05/202415/05/202316/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/07/202614/07/2026DutchPDF
Abridged model31/12/202419/05/202518/06/2025DutchPDF
Abridged model31/12/202320/05/202417/06/2024DutchPDF
Abridged model31/12/202215/05/202313/06/2023DutchPDF
Abridged model31/12/202116/05/202213/06/2022DutchPDF
Micro model31/12/202017/05/202128/06/2021DutchPDF
Micro model31/12/201918/05/202001/07/2020DutchPDF
Micro model31/12/201820/05/201920/06/2019DutchPDF
Micro model31/12/201721/05/201815/06/2018DutchPDF
Abridged model31/12/201615/05/201712/06/2017DutchPDF
Abridged model31/12/201516/05/201615/06/2016DutchPDF
Abridged model31/12/201418/05/201512/06/2015DutchPDF
Abridged model31/12/201319/05/201412/06/2014DutchPDF
Abridged model31/12/201220/05/201317/06/2013DutchPDF
Abridged model31/12/201121/05/201220/06/2012DutchPDF
Abridged model31/12/201016/05/201115/06/2011DutchPDF
Abridged model31/12/200918/05/201015/06/2010DutchPDF
Abridged model31/12/200818/05/200918/06/2009DutchPDF
Abridged model31/12/200719/05/200813/06/2008DutchPDF
Abridged model31/12/200621/05/200718/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2023 · 1 active

Active mandates

Walter Appels

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/04/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/04/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    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. 2025
    Annual accounts 202529,2 k €↑
  2. 2024
    Annual accounts 2024-84,2 k €↓
  3. 2023
    Annual accounts 2023137,2 k €↑
  4. 2022
    Annual accounts 2022-14,7 k €↓
  5. 2021
    Annual accounts 202146,1 k €↑
  6. 2020
    Annual accounts 202041,7 k €↓
  7. 2019
    Annual accounts 201982,4 k €↑
  8. 2018
    Annual accounts 201811,2 k €↓
  9. 2017
    Annual accounts 201713 k €
  10. 11/02/2002
    IncorporationPrivate limited company