NORMAL SITUATION

APSIDE BELGIUM (SRL)

Financial year 2025 · closed on 30/09/2025
Net result
33,9 k €
-61.2% YoY
Gross margin
963,6 k €
-39.2% YoY
Equity
1,5 M €
+2.3% YoY
Workforce
11,8 ETP
-27.6% YoY

Company — Normal situation.

What does APSIDE BELGIUM do?

APSIDE BELGIUM is a company registered in Belgium. It employs on average 11,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.471.117
Legal form
Private limited company
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Average workforce
11,8 ETP
Joint committees (3)
  • 2000
  • 20000
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin963,6 k €1,6 M €2,4 M €2,7 M €2,1 M €2 M €1,9 M €1,1 M €577,4 k €504,6 k €361,8 k €388,8 k €356,5 k €303,3 k €68,7 k €12,3 k €125,3 k €391,2 k €232,8 k €41,9 k €
EBITDA113,9 k €128,2 k €262,2 k €533,4 k €442 k €227,6 k €358,1 k €66,8 k €117,6 k €84,6 k €-35,7 k €30,4 k €12 k €47,5 k €1,4 k €-112,9 €9,2 k €107,1 k €41,1 k €5,6 k €
Operating result113,6 k €126,9 k €257,9 k €525,6 k €430,2 k €212,2 k €342 k €53,4 k €109,6 k €82,3 k €-33,4 k €12,1 k €4,4 k €43,8 k €1,4 k €-112,9 €9,2 k €107,1 k €41,1 k €4,8 k €
Net result33,9 k €87,2 k €161,9 k €319,6 k €297,8 k €158,5 k €213 k €27,6 k €73,4 k €59,8 k €-34,4 k €5,8 k €1,8 k €28,2 k €832,9 €162,4 €3,2 k €65,6 k €35,1 k €3,6 k €
Balance sheet
Equity1,5 M €1,5 M €1,4 M €1,2 M €928,6 k €630,8 k €472,3 k €259,3 k €231,7 k €158,3 k €98,5 k €132,9 k €127,1 k €125,4 k €97,2 k €96,4 k €96,2 k €93 k €27,4 k €-7,7 k €
Total assets2,2 M €2,6 M €2,4 M €3 M €2,2 M €1,7 M €1,2 M €898,7 k €629,1 k €463,5 k €226,5 k €269,8 k €399,2 k €395,5 k €384,6 k €233,2 k €298 k €335,5 k €232,2 k €380,1 k €
Cash1 M €1,3 M €947,4 k €638,5 k €876,3 k €617,4 k €178,6 k €109,5 k €99,5 k €180,8 k €5,6 k €134,2 k €115,6 k €144,8 k €156,2 k €81,1 k €88,3 k €114,8 k €97,4 k €278,9 k €
Debts668,8 k €1,1 M €1 M €1,7 M €1,3 M €1,1 M €733,8 k €635,9 k €397,4 k €305,2 k €128,1 k €136,9 k €272,1 k €181,5 k €193,7 k €128,9 k €201,1 k €164,9 k €155,9 k €254,8 k €
Other
Workforce11,8 ETP16,3 ETP23,5 ETP25,3 ETP23,0 ETP23,0 ETP14,2 ETP14,2 ETP6,3 ETP6,3 ETP5,6 ETP5,0 ETP5,0 ETP4,3 ETP1,7 ETP0,3 ETP2,1 ETP6,6 ETP5,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 6 ended

Active mandates

Patrick Hendrickx

Director · since 30 septembre 2025

Active
Steve Perron

Director · since 30 septembre 2025

Active
Valérie Lafdal

Director · since 25 septembre 2023 · until 13 novembre 2025

Active

Ended mandates

Valérie Lafdal

Director · since 25 septembre 2023

Ended
Gauthier Pierre

Director · since 11 juin 2019 · until 25 septembre 2023

Ended
Gauthier Pierre

Director · since 11 juin 2019

Ended
Gauthier Pierre

Manager · since 11 juin 2019

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/09/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date13/03/202616/06/202528/06/202420/07/202320/07/202202/07/2021
General meeting12/03/202603/06/202527/05/202430/05/202313/06/202211/06/2021
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

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202512/03/202613/03/2026FrenchPDF
Abridged model31/12/202403/06/202516/06/2025FrenchPDF
Abridged model31/12/202327/05/202428/06/2024FrenchPDF
Abridged model31/12/202230/05/202320/07/2023FrenchPDF
Abridged model31/12/202113/06/202220/07/2022FrenchPDF
Abridged model31/12/202011/06/202102/07/2021FrenchPDF
Abridged model31/12/201905/05/202006/05/2020FrenchPDF
Abridged model31/12/201827/05/201919/08/2019FrenchPDF
Abridged model31/12/201728/05/201813/04/2019FrenchPDF
Abridged model31/12/201629/05/201708/06/2017FrenchPDF
Abridged model31/12/201530/05/201602/08/2016FrenchPDF
Abridged model31/12/201425/05/201528/05/2015FrenchPDF
Abridged model31/12/201326/05/201430/05/2014FrenchPDF
Abridged model31/12/201227/05/201312/07/2013FrenchPDF
Abridged model31/12/201129/05/201231/08/2012FrenchPDF
Abridged model31/12/201030/05/201116/06/2011FrenchPDF
Abridged model31/12/200931/05/201027/08/2010FrenchPDF
Abridged model31/12/200825/05/200926/08/2009FrenchPDF
Abridged model31/12/200726/05/200830/06/2008FrenchPDF
Abridged model31/12/200629/05/200730/08/2007FrenchPDF
Abridged model31/12/200529/05/200604/08/2006FrenchPDF
Abridged model31/12/200430/05/200522/06/2005FrenchPDF
Abridged model31/12/200301/06/200428/06/2004FrenchPDF
Abridged model31/12/200226/05/200326/06/2003FrenchPDF
Estimate

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.

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 30/09/2025 · 3 active · 6 ended

Active mandates

Patrick Hendrickx

Director · since 30 septembre 2025

Active
Steve Perron

Director · since 30 septembre 2025

Active
Valérie Lafdal

Director · since 25 septembre 2023 · until 13 novembre 2025

Active

Ended mandates

Valérie Lafdal

Director · since 25 septembre 2023

Ended
Gauthier Pierre

Director · since 11 juin 2019 · until 25 septembre 2023

Ended
Gauthier Pierre

Director · since 11 juin 2019

Ended
Gauthier Pierre

Manager · since 11 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution16/04/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Dissolution28/01/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates19/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates25/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    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 202533,9 k €
  2. 2024
    Annual accounts 202487,2 k €
  3. 2023
    Annual accounts 2023161,9 k €
  4. 2022
    Annual accounts 2022319,6 k €
  5. 2021
    Annual accounts 2021297,8 k €
  6. 2020
    Annual accounts 2020158,5 k €
  7. 2019
    Annual accounts 2019213 k €
  8. 2018
    Annual accounts 201827,6 k €
  9. 2017
    Annual accounts 201773,4 k €
  10. 2016
    Annual accounts 201659,8 k €
  11. 2015
    Annual accounts 2015-34,4 k €
  12. 2014
    Annual accounts 20145,8 k €
  13. 2013
    Annual accounts 20131,8 k €
  14. 2012
    Annual accounts 201228,2 k €
  15. 2011
    Annual accounts 2011832,9 €
  16. 2010
    Annual accounts 2010162,4 €
  17. 2009
    Annual accounts 20093,2 k €
  18. 2008
    Annual accounts 200865,6 k €
  19. 2007
    Annual accounts 200735,1 k €
  20. 2006
    Annual accounts 20063,6 k €