ACTIVE

APAGA Management

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result989,8 k €-50,5 %over 1 year
Gross margin281,8 k €+154,0 %over 1 year
Equity36,1 M €-2,0 %over 1 year
Workforce1,0 ETP

Identity

Source · BCE/KBO

APAGA Management is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Tournai. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0830.647.028
Incorporation
26/10/2010
Legal form
Private limited company
Registered office
Rue du Curé du Château(TOU) 4
7500 Tournai · WallonieSee on map
Contributed capital
19 139 264,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin281,8 k €111 k €155,6 k €131,6 k €154,7 k €
EBITDA168,8 k €109,8 k €154,2 k €128,2 k €50,1 k €
Operating result103,2 k €95,6 k €140,6 k €105,4 k €31,2 k €
Net result989,8 k €2 M €5,6 M €1,6 M €5 M €
Balance sheet
Equity36,1 M €36,8 M €34,8 M €29,2 M €27,7 M €
Total assets38,7 M €38,6 M €37,5 M €31,7 M €30,4 M €
Cash401,7 k €795 k €228 k €358,6 k €171,9 k €
Debts2,6 M €1,8 M €2,7 M €2,5 M €2,3 M €
Other
Workforce1,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pierre Mat
DirectorManager2019 accountsended

Other companies at this address

Rue du Curé du Château(TOU) 4 7500 Tournai
CompanyCBE no.
ENAIRGIE DU HAINAUT● Active
0879.254.817
Nova Sight● Active
1037.640.474
S.R.V.● Active
0859.574.012
TERTRE INNOVATION SOLAIRE● Active
0757.468.446

Full financial information

Source · NBB
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 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 date31/08/202629/08/202528/08/202423/08/202324/08/202218/08/2021
General meeting05/06/202606/06/202507/06/202423/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202631/08/2026FrenchPDF
Abridged model31/12/202406/06/202529/08/2025FrenchPDF
Abridged model31/12/202307/06/202428/08/2024FrenchPDF
Abridged model31/12/202223/06/202323/08/2023FrenchPDF
Abridged model31/12/202103/06/202224/08/2022FrenchPDF
Abridged model31/12/202004/06/202118/08/2021FrenchPDF
Abridged model31/12/201905/06/202025/08/2020FrenchPDF
Abridged model31/12/201807/06/201923/08/2019FrenchPDF
Abridged model31/12/201701/06/201812/07/2018FrenchPDF
Micro model31/12/201602/06/201730/06/2017FrenchPDF
Abridged model31/12/201503/06/201622/07/2016FrenchPDF
Abridged model31/12/201405/06/201516/06/2015FrenchPDF
Abridged model31/12/201306/06/201429/06/2014FrenchPDF
Abridged model31/12/201207/06/201321/06/2013FrenchPDF
Abridged model31/12/201101/06/201215/06/2012FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pierre Mat
DirectorManager2019 accountsended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares13/11/2017
    CAPITAL, ACTIONS
    PDF
  • Capital / shares13/01/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares06/02/2012
    CAPITAL, ACTIONS
    PDF
  • Other28/10/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
Pierre Mat
20102011201220132014201520162017201820192020202120222023202420252026
APAGA Management
Rue du Curé du Château(TOU) 4, 7500 Tournaichaussée de lille 353, 7500 Tournai
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Curé du Château(TOU) 4, 7500 TournaiCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00474354
chaussée de lille 353, 7500 Tournai
accounts 2021 → 2022
Accounts 2022 · 2023-00345170

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
APAGA ManagementCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00474354

Events

  1. 2025
    Annual accounts 2025989,8 k €↓
  2. 2024
    Annual accounts 20242 M €↓
  3. 2023
    Annual accounts 20235,6 M €↑
  4. 2022
    Annual accounts 20221,6 M €↓
  5. 2021
    Annual accounts 20215 M €↑
  6. 2020
    Annual accounts 202082,4 k €↓
  7. 2019
    Annual accounts 2019669,8 k €↑
  8. 2018
    Annual accounts 2018634,5 k €↑
  9. 2017
    Annual accounts 2017558,3 k €↑
  10. 2016
    Annual accounts 2016517,9 k €↑
  11. 2015
    Annual accounts 2015454,7 k €↑
  12. 2014
    Annual accounts 2014167,6 k €↓
  13. 2013
    Annual accounts 2013199,7 k €↑
  14. 2012
    Annual accounts 2012124,7 k €↑
  15. 2011
    Annual accounts 2011102 k €
  16. 26/10/2010
    IncorporationPrivate limited company