ACTIVE

APPTWEAK

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Financial year 2025 · closed on 31/12/2025
Net result
919 k €
+304.1% YoY
Revenue
15,4 M €
+31.1% YoY
Equity
-598,1 k €
+61.5% YoY
Workforce
75,5 ETP
-0.7% YoY

What does APPTWEAK do?

APPTWEAK is a Public limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Ixelles. It employs on average 75,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0839.873.510
Incorporation
03/10/2011
Legal form
Public limited company
Registered office
Avenue Louise 235
1050 Ixelles · BruxellesSee on map
Contributed capital
5 205 101,58 €
Latest accounts
31/12/2025
Average workforce
75,5 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Revenue15,4 M €11,8 M €9 M €6,9 M €––––––––750 €46,7 k €
EBITDA2,2 M €538,9 k €-3 M €-3,4 M €-574 k €112,4 k €248,6 k €107,2 k €42,2 k €-214,3 k €-287,7 k €-189,6 k €-12,3 k €14,3 k €
Operating result1,2 M €187,1 k €-3,1 M €-3,4 M €-615,5 k €79,5 k €222,4 k €88,9 k €30,5 k €-235,4 k €-307,8 k €-215,3 k €-20,3 k €5,7 k €
Net result919 k €227,4 k €-3,2 M €-3,5 M €-575,7 k €-1,7 k €201,3 k €51,2 k €529,2 €-242,8 k €-319,1 k €-216,4 k €-20,4 k €3,7 k €
Balance sheet
Equity-598,1 k €-1,6 M €-1,8 M €1,4 M €4,8 M €423,9 k €425,6 k €135,7 k €85,9 k €-83 k €31,1 k €-67,4 k €5,8 k €26,2 k €
Total assets8,4 M €5,8 M €4 M €5,7 M €6,6 M €1,6 M €1,5 M €873,9 k €230,1 k €120,4 k €283,2 k €121,1 k €26,1 k €40,3 k €
Cash1,2 M €887,2 k €1,2 M €3,5 M €5,5 M €834,2 k €678,4 k €80,1 k €50,7 k €63,7 k €191,3 k €18,1 k €1,5 k €7 k €
Debts3,2 M €2,7 M €2,4 M €2,3 M €856,8 k €816,9 k €882,7 k €401,9 k €144,2 k €201,5 k €249,6 k €188,5 k €20,3 k €14,1 k €
Other
Workforce75,5 ETP76,0 ETP79,0 ETP68,0 ETP44,3 ETP29,4 ETP17,5 ETP9,8 ETP––1,7 ETP1,0 ETP0,1 ETP0,3 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 · 5 active · 38 ended

Active mandates

Alexandre HURBAIN

Director · since 03 juin 2025 · until 02 juin 2026

Active
Baudoin CORMAN

Director · since 03 juin 2025 · until 02 juin 2026

Active
Bernard MARCHANT

Director · since 03 juin 2025 · until 02 juin 2026

Active
Olivier VERDIN

Managing director · since 03 juin 2025 · until 02 juin 2026

Active
Thierry HUGOT

Director · since 03 juin 2025 · until 02 juin 2026

Active

Ended mandates

Baudoin CORMAN

Director · since 01 janvier 2025 · until 03 juin 2025

Ended
Alexandre HURBAIN

Director · since 04 juin 2024 · until 03 juin 2025

Ended
Bernard MARCHANT

Director · since 04 juin 2024 · until 03 juin 2025

Ended
Olivier VERDIN

Managing director · since 04 juin 2024 · until 03 juin 2025

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date03/06/202610/06/202528/06/202404/07/202318/07/202223/09/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202603/06/2026FrenchPDF
Full model31/12/202403/06/202510/06/2025FrenchPDF
Abridged model31/12/202304/06/202428/06/2024FrenchPDF
Abridged model31/12/202206/06/202304/07/2023FrenchPDF
Abridged model31/12/202107/06/202218/07/2022FrenchPDF
Abridged model31/12/202001/06/202123/09/2021FrenchPDF
Abridged model31/12/201902/06/202030/06/2020FrenchPDF
Abridged model31/12/201804/06/201924/09/2019FrenchPDF
Micro model31/12/201705/06/201830/08/2018FrenchPDF
Micro model31/12/201606/06/201701/09/2017FrenchPDF
Abridged model31/12/201509/06/201622/06/2016FrenchPDF
Abridged model31/12/201402/06/201525/09/2015FrenchPDF
Abridged model30/09/201311/03/201420/05/2014FrenchPDF
Abridged model30/09/201212/03/201314/05/2013FrenchPDF
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 · 5 active · 38 ended

Active mandates

Alexandre HURBAIN

Director · since 03 juin 2025 · until 02 juin 2026

Active
Baudoin CORMAN

Director · since 03 juin 2025 · until 02 juin 2026

Active
Bernard MARCHANT

Director · since 03 juin 2025 · until 02 juin 2026

Active
Olivier VERDIN

Managing director · since 03 juin 2025 · until 02 juin 2026

Active
Thierry HUGOT

Director · since 03 juin 2025 · until 02 juin 2026

Active

Ended mandates

Baudoin CORMAN

Director · since 01 janvier 2025 · until 03 juin 2025

Ended
Alexandre HURBAIN

Director · since 04 juin 2024 · until 03 juin 2025

Ended
Bernard MARCHANT

Director · since 04 juin 2024 · until 03 juin 2025

Ended
Olivier VERDIN

Managing director · since 04 juin 2024 · until 03 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares19/01/2026
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/04/2022
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Mandates07/03/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025919 k €↑
  2. 2024
    Annual accounts 2024227,4 k €↑
  3. 2023
    Annual accounts 2023-3,2 M €↑
  4. 2022
    Annual accounts 2022-3,5 M €↓
  5. 2021
    Annual accounts 2021-575,7 k €↓
  6. 2020
    Annual accounts 2020-1,7 k €↓
  7. 2019
    Annual accounts 2019201,3 k €↑
  8. 2018
    Annual accounts 201851,2 k €↑
  9. 2017
    Annual accounts 2017529,2 €↑
  10. 2016
    Annual accounts 2016-242,8 k €↑
  11. 2015
    Annual accounts 2015-319,1 k €↓
  12. 2014
    Annual accounts 2014-216,4 k €↓
  13. 2013
    Annual accounts 2013-20,4 k €↓
  14. 2012
    Annual accounts 20123,7 k €
  15. 03/10/2011
    IncorporationPublic limited company