ACTIVE

A+

Financial year 2025 · closed on 31/12/2025
Net result
-475,2 k €
+61.1% YoY
Revenue
522,1 k €
-61.7% YoY
Equity
9,7 M €
-4.7% YoY
Workforce
1,8 ETP
-35.7% YoY

What does A+ do?

A+ is a Private limited company incorporated in 2013. Its main activity is: Computer programming activities. Its registered office is in Lokeren. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0537.374.060
Incorporation
08/08/2013
Legal form
Private limited company
Registered office
Brandstraat 22
9160 Lokeren · FlandreSee on map
Contributed capital
53 302,85 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212019201820172016201520142013
Income statement
Revenue522,1 k €1,4 M €952,7 k €
EBITDA-483,5 k €433,8 k €248,8 k €187,4 k €127,1 k €10,5 k €348,7 k €393 k €99,9 k €82,4 k €-1,9 k €-4,5 k €
Operating result-494,9 k €417,1 k €230,9 k €175,6 k €96,9 k €7,9 k €348,7 k €393 k €99,9 k €82,4 k €-1,9 k €-4,5 k €
Net result-475,2 k €-1,2 M €971,7 k €-997,6 k €4,1 M €1 M €661,5 k €273,1 k €87,1 k €558,3 k €-91,7 k €-85 k €
Balance sheet
Equity9,7 M €10,2 M €11,4 M €1,3 M €6,8 M €2,5 M €1,5 M €838,7 k €565,6 k €478,6 k €1,3 M €1,4 M €
Total assets11,1 M €11,1 M €14,7 M €3,9 M €9,9 M €5 M €1,8 M €1 M €976,6 k €1 M €2,7 M €2,8 M €
Cash79,6 k €92,5 k €78,1 k €233,1 k €109,8 k €58,8 k €14 k €16,2 k €134,1 k €5,7 k €1,9 k €3,9 k €
Debts1,3 M €907,6 k €3,2 M €2,6 M €3,1 M €2,5 M €324,8 k €209,8 k €411 k €557,9 k €1,5 M €1,4 M €
Other
Workforce1,8 ETP2,8 ETP2,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Climate Pioneers

Director · since 21 février 2023 · 0793.593.028

Represented by Luc Van Raemdonck

Active
FARINOTTI

Managing director · since 21 février 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Active

Ended mandates

Climate Pioneers

Director · since 01 janvier 2023 · 0793.593.028

Represented by Van RAEMDONCK LUC

Ended
Climate Pioneers

Director · since 01 janvier 2023 · 0793.593.028

Represented by Luc VAN RAEMDONCK

Ended
FARINOTTI

Managing director · since 01 janvier 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Ended
FARINOTTI

Managing director · since 01 janvier 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Ended
At this address

Other companies at this address

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0476.905.052
ARCO GROEP NVActive
0541.610.287
0793.593.028
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelFull modelAbridged modelAbridged 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 date28/08/202604/08/202509/12/202404/07/202321/06/202223/06/2021
General meeting30/06/202630/06/202509/12/202403/07/202316/06/202228/05/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202628/08/2026DutchPDF
Full modelCorrection31/12/202430/06/202504/08/2025DutchPDF
Full model31/12/202430/06/202511/07/2025DutchPDF
Abridged modelCorrection31/12/202309/12/202409/12/2024DutchPDF
Abridged model31/12/202326/06/202402/07/2024DutchPDF
Full model31/12/202203/07/202304/07/2023DutchPDF
Abridged model31/12/202116/06/202221/06/2022DutchPDF
Abridged model31/12/202028/05/202123/06/2021DutchPDF
Abridged model31/12/201929/05/202024/06/2020DutchPDF
Abridged model31/12/201831/05/201928/06/2019DutchPDF
Abridged model31/12/201725/05/201818/06/2018DutchPDF
Abridged model31/12/201626/05/201721/06/2017DutchPDF
Abridged model31/12/201527/05/201630/06/2016DutchPDF
Abridged model31/12/201429/05/201518/06/2015DutchPDF
Abridged model31/12/201330/05/201419/06/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 2 active · 8 ended

Active mandates

Climate Pioneers

Director · since 21 février 2023 · 0793.593.028

Represented by Luc Van Raemdonck

Active
FARINOTTI

Managing director · since 21 février 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Active

Ended mandates

Climate Pioneers

Director · since 01 janvier 2023 · 0793.593.028

Represented by Van RAEMDONCK LUC

Ended
Climate Pioneers

Director · since 01 janvier 2023 · 0793.593.028

Represented by Luc VAN RAEMDONCK

Ended
FARINOTTI

Managing director · since 01 janvier 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Ended
FARINOTTI

Managing director · since 01 janvier 2023 · 0838.866.985

Represented by Farinotti SÉBASTIEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring11/09/2026
    MET FUSIE GELIJKGESTELDE VERRICHTING (GERUISLOZE FUSIE) -
    PDF
  • Restructuring23/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/06/2020
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates27/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/01/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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

Timeline

  1. 2025
    Annual accounts 2025-475,2 k €
  2. 2024
    Annual accounts 2024-1,2 M €
  3. 2023
    Annual accounts 2023971,7 k €
  4. 2022
    Annual accounts 2022-997,6 k €
  5. 2021
    Annual accounts 20214,1 M €
  6. 2019
    Annual accounts 20191 M €
  7. 2018
    Annual accounts 2018661,5 k €
  8. 2017
    Annual accounts 2017273,1 k €
  9. 2016
    Annual accounts 201687,1 k €
  10. 2015
    Annual accounts 2015558,3 k €
  11. 2014
    Annual accounts 2014-91,7 k €
  12. 2013
    Annual accounts 2013-85 k €
  13. 08/08/2013
    IncorporationPrivate limited company