ACTIVE

API CODE

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Financial year 2025 · closed on 30/09/2025
Net result
-27,0 k €
-154.1% YoY
Revenue
0,0 €
Equity
131,0 k €
-29.1% YoY

What does API CODE do?

API CODE is a Private limited company incorporated in 2013. Its registered office is in Braives.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0540.590.797
Incorporation
08/10/2013
Legal form
Private limited company
Registered office
Rue Saint-Rock 4
4260 Braives · WallonieSee on map
Contributed capital
8 060,00 €
Latest accounts
30/09/2025
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue0,0 €–148,1 k €––––120,5 k €––––
EBITDA-23,6 k €71,2 k €69,9 k €10,7 k €9,0 k €60,0 k €40,0 k €40,4 k €14,6 k €26,8 k €12,7 k €41,4 k €
Operating result-27,1 k €65,3 k €63,9 k €3,5 k €3,9 k €56,3 k €36,7 k €32,8 k €9,0 k €19,9 k €4,7 k €33,3 k €
Net result-27,0 k €49,9 k €46,5 k €2,7 k €5,6 k €45,3 k €26,7 k €21,8 k €4,3 k €13,0 k €1,9 k €23,3 k €
Balance sheet
Equity131,0 k €184,7 k €156,5 k €150,7 k €148,0 k €142,4 k €97,2 k €70,5 k €48,7 k €44,4 k €31,3 k €29,5 k €
Total assets135,3 k €199,5 k €177,9 k €196,1 k €153,1 k €173,9 k €122,6 k €107,9 k €74,3 k €72,7 k €59,5 k €92,1 k €
Cash64,5 k €98,8 k €54,8 k €55,3 k €44,2 k €97,4 k €28,2 k €35,8 k €33,8 k €28,6 k €24,1 k €41,6 k €
Debts4,3 k €14,8 k €21,3 k €45,4 k €5,1 k €31,1 k €25,5 k €37,4 k €25,6 k €28,3 k €28,1 k €62,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active

Active mandates

Samy ZIAT

Manager · since 08 octobre 2013

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202628/04/202526/04/202402/05/202328/04/202228/04/2021
General meeting16/03/202615/03/202515/03/202415/03/202315/03/202215/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202516/03/202627/04/2026FrenchPDF
Micro model30/09/202415/03/202528/04/2025FrenchPDF
Micro model30/09/202315/03/202426/04/2024FrenchPDF
Micro model30/09/202215/03/202302/05/2023FrenchPDF
Micro model30/09/202115/03/202228/04/2022FrenchPDF
Micro model30/09/202015/03/202128/04/2021FrenchPDF
Micro model30/09/201916/03/202016/04/2020FrenchPDF
Micro model30/09/201815/03/201921/03/2019FrenchPDF
Micro model30/09/201715/03/201802/05/2018FrenchPDF
Abridged model30/09/201615/03/201728/04/2017FrenchPDF
Abridged model30/09/201515/03/201629/03/2016FrenchPDF
Abridged model30/09/201416/03/201524/03/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 1 active

Active mandates

Samy ZIAT

Manager · since 08 octobre 2013

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other17/10/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-27,0 k €↓
  2. 2024
    Annual accounts 202449,9 k €↑
  3. 2023
    Annual accounts 202346,5 k €↑
  4. 2022
    Annual accounts 20222,7 k €↓
  5. 2021
    Annual accounts 20215,6 k €↓
  6. 2020
    Annual accounts 202045,3 k €↑
  7. 2019
    Annual accounts 201926,7 k €↑
  8. 2018
    Annual accounts 201821,8 k €↑
  9. 2017
    Annual accounts 20174,3 k €↓
  10. 2016
    Annual accounts 201613,0 k €↑
  11. 2015
    Annual accounts 20151,9 k €↓
  12. 2014
    Annual accounts 201423,3 k €
  13. 08/10/2013
    IncorporationPrivate limited company