ACTIVE

APPLISQUARE

Financial year 2025 · closed on 30/09/2025
Net result
37,4 k €
-4.4% YoY
Gross margin
38,8 k €
-3.3% YoY
Equity
15,9 k €
-26.6% YoY

What does APPLISQUARE do?

APPLISQUARE is a Private limited company incorporated in 2015. Its main activity is: Activities of employment placement agencies. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0642.588.871
Incorporation
02/11/2015
Legal form
Private limited company
Registered office
Vichtseweg 124
8790 Waregem · FlandreSee on map
Contributed capital
60,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin38,8 k €40,1 k €18 k €49 k €63,1 k €56,2 k €83,7 k €3,6 k €33,2 k €24,2 k €
EBITDA38,2 k €39,6 k €17,5 k €48,5 k €62,6 k €46 k €57,9 k €2,9 k €32,9 k €24,1 k €
Operating result38 k €39,6 k €17,5 k €48,5 k €62,6 k €46 k €57,9 k €2,9 k €32,9 k €22,5 k €
Net result37,4 k €39,1 k €16,7 k €47,7 k €60,6 k €45,1 k €55,5 k €1,2 k €30,8 k €19,8 k €
Balance sheet
Equity15,9 k €21,6 k €21 k €21,3 k €20,6 k €20,5 k €19,4 k €15 k €13,8 k €11 k €
Total assets188,5 k €239,6 k €265,6 k €294 k €176,5 k €138,9 k €252,7 k €225,1 k €247,5 k €121,6 k €
Cash84,6 k €156,3 k €106,6 k €94,9 k €38,7 k €49,2 k €99,2 k €110,3 k €78,3 k €65,8 k €
Debts172,6 k €218 k €244,6 k €272,7 k €155,8 k €117,2 k €233,4 k €208,9 k €232,5 k €109,4 k €
Other
Workforce0,3 ETP0,7 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 30/09/2025 · 2 active · 4 ended

Active mandates

AV Recruitment

Director · 0598.793.272

Represented by Vanesa Alaj

Active
CS Recruitment

Director · 0651.618.977

Represented by Charlotte Samain

Active

Ended mandates

AV Recruitment

Manager · 0598.793.272

Represented by Vanesa Alaj

Ended
AV Recruitment

Manager · 0598.793.272

Represented by Vanesa Alaj

Ended
CS Recruitment

Manager · 0651.618.977

Represented by Charlotte Samain

Ended
CS Recruitment

Manager · 0651.618.977

Represented by Charlotte Samain

Ended
At this address

Other companies at this address

CompanyCBE no.
CS RecruitmentActive
0651.618.977
FREVERCOActive
0772.608.958
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date08/04/202611/12/202410/04/202403/04/202305/04/202210/03/2021
General meeting21/03/202627/11/202416/03/202418/03/202319/03/202225/02/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202521/03/202608/04/2026DutchPDF
Abridged model30/09/202427/11/202411/12/2024DutchPDF
Abridged model30/09/202316/03/202410/04/2024DutchPDF
Abridged model30/09/202218/03/202303/04/2023DutchPDF
Abridged model30/09/202119/03/202205/04/2022DutchPDF
Abridged model30/09/202025/02/202110/03/2021DutchPDF
Abridged model30/09/201921/03/202023/03/2020DutchPDF
Abridged model30/09/201816/03/201918/03/2019DutchPDF
Abridged model30/09/201717/03/201820/03/2018DutchPDF
Abridged model30/09/201618/03/201723/03/2017DutchPDF
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 30/09/2025 · 2 active · 4 ended

Active mandates

AV Recruitment

Director · 0598.793.272

Represented by Vanesa Alaj

Active
CS Recruitment

Director · 0651.618.977

Represented by Charlotte Samain

Active

Ended mandates

AV Recruitment

Manager · 0598.793.272

Represented by Vanesa Alaj

Ended
AV Recruitment

Manager · 0598.793.272

Represented by Vanesa Alaj

Ended
CS Recruitment

Manager · 0651.618.977

Represented by Charlotte Samain

Ended
CS Recruitment

Manager · 0651.618.977

Represented by Charlotte Samain

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2023
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/11/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202537,4 k €
  2. 2024
    Annual accounts 202439,1 k €
  3. 2023
    Annual accounts 202316,7 k €
  4. 2022
    Annual accounts 202247,7 k €
  5. 2021
    Annual accounts 202160,6 k €
  6. 2020
    Annual accounts 202045,1 k €
  7. 2019
    Annual accounts 201955,5 k €
  8. 2018
    Annual accounts 20181,2 k €
  9. 2017
    Annual accounts 201730,8 k €
  10. 2016
    Annual accounts 201619,8 k €
  11. 02/11/2015
    IncorporationPrivate limited company