ACTIVE

Apptree

Financial year 2024 · closed on 31/12/2024
Net result
-86,4 k €
-15.9% YoY
Gross margin
-63,9 k €
-12.7% YoY
Equity
284,2 k €
+1067.0% YoY

What does Apptree do?

Apptree is a Public limited company incorporated in 2013. Its main activity is: Computer programming activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0538.711.472
Incorporation
18/09/2013
Legal form
Public limited company
Registered office
Rue d'Arenberg 44
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 020 108,81 €
Latest accounts
31/12/2024
Joint committees (2)
  • 200
  • 218
Signals
Solid equityGood liquidity
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212020201920182017201620152014
Income statement
Gross margin-63,9 k €-56,7 k €-1,7 k €90,6 k €38,4 k €169,2 k €127,1 k €45,7 k €-41,1 k €18,7 k €-69,3 k €
EBITDA-66,7 k €-63,7 k €-2,8 k €39,3 k €-32,6 k €62,2 k €40,9 k €-67,2 k €-180,3 k €-34,5 k €-71,9 k €
Operating result-76,6 k €-72,9 k €-12,9 k €38,8 k €-52,2 k €10,2 k €-17,7 k €-126,7 k €-241,2 k €-71,2 k €-74,9 k €
Net result-86,4 k €-74,5 k €-13,1 k €37,9 k €-52,5 k €7,7 k €-21,3 k €-132,2 k €-246,7 k €-77,2 k €-77,6 k €
Balance sheet
Equity284,2 k €-29,4 k €45,1 k €58,2 k €20,3 k €72,8 k €65,1 k €86,4 k €218,6 k €9,7 k €86,9 k €
Total assets491 k €230,7 k €54,4 k €73,2 k €77,4 k €148,1 k €186,3 k €220,1 k €413,4 k €234,4 k €294 k €
Cash37,5 k €159,8 k €1,5 k €56,1 k €39,8 k €84,9 k €41,2 k €23,6 k €143 k €11,1 k €136,4 k €
Debts206,8 k €260,1 k €9,2 k €15 k €57,1 k €75,4 k €121,3 k €133,7 k €194,9 k €224,7 k €207,1 k €
Other
Workforce1,4 ETP0,1 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 31/12/2024 · 2 active · 20 ended

Active mandates

Citendo

Director · 0743.396.914

Represented by Georges Caron

Active
Tanguy Denonain

Director

Active

Ended mandates

Georges CARON

Managing director · since 24 décembre 2021 · until 08 juin 2027

Ended
LA COMPAGNIE DU POIRIER

Managing director · since 24 décembre 2021 · until 08 juin 2027 · 0479.769.522

Represented by Didier Hanin

Ended
Laure UYTDENHOEF

Director · since 24 décembre 2021 · until 08 juin 2027

Ended
LUXEMBOURG DEVELOPPEMENT

Director · since 19 septembre 2016 · until 14 juin 2020 · 0862.540.628

Represented by Christophe QUERINJEAN

Ended
At this address

Other companies at this address

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 date28/11/202529/11/202422/12/202330/09/202215/12/202101/10/2020
General meeting10/06/202511/06/202413/06/202314/06/202208/06/202112/08/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202410/06/202528/11/2025FrenchPDF
Micro model31/12/202311/06/202429/11/2024FrenchPDF
Micro model31/12/202213/06/202322/12/2023FrenchPDF
Micro model31/12/202114/06/202230/09/2022FrenchPDF
Micro model31/12/202008/06/202115/12/2021FrenchPDF
Micro model31/12/201912/08/202001/10/2020FrenchPDF
Micro model31/12/201813/06/201924/07/2019FrenchPDF
Micro model31/12/201712/06/201830/08/2018FrenchPDF
Micro model31/12/201613/06/201704/07/2017FrenchPDF
Abridged model31/12/201514/06/201604/08/2016FrenchPDF
Abridged model31/12/201409/06/201523/07/2015FrenchPDF
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 31/12/2024 · 2 active · 20 ended

Active mandates

Citendo

Director · 0743.396.914

Represented by Georges Caron

Active
Tanguy Denonain

Director

Active

Ended mandates

Georges CARON

Managing director · since 24 décembre 2021 · until 08 juin 2027

Ended
LA COMPAGNIE DU POIRIER

Managing director · since 24 décembre 2021 · until 08 juin 2027 · 0479.769.522

Represented by Didier Hanin

Ended
Laure UYTDENHOEF

Director · since 24 décembre 2021 · until 08 juin 2027

Ended
LUXEMBOURG DEVELOPPEMENT

Director · since 19 septembre 2016 · until 14 juin 2020 · 0862.540.628

Represented by Christophe QUERINJEAN

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/11/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office14/07/2023
    SIEGE SOCIAL
    PDF
  • Mandates10/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2022
    DEMISSIONS, NOMINATIONS - SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Capital / shares06/10/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates10/05/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares29/02/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office12/05/2015
    SIEGE SOCIAL
    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 2024-86,4 k €
  2. 2023
    Annual accounts 2023-74,5 k €
  3. 2022
    Annual accounts 2022-13,1 k €
  4. 2021
    Annual accounts 202137,9 k €
  5. 2020
    Annual accounts 2020-52,5 k €
  6. 2019
    Annual accounts 20197,7 k €
  7. 2018
    Annual accounts 2018-21,3 k €
  8. 2017
    Annual accounts 2017-132,2 k €
  9. 2016
    Annual accounts 2016-246,7 k €
  10. 2015
    Annual accounts 2015-77,2 k €
  11. 2014
    Annual accounts 2014-77,6 k €
  12. 18/09/2013
    IncorporationPublic limited company