ACTIVE

APPMAX

Financial year 2025 · closed on 31/03/2025
Net result
163,5 k €
+53.9% YoY
Gross margin
591,0 k €
+10.7% YoY
Equity
439,1 k €
+59.3% YoY
Workforce
6,5 ETP
-8.5% YoY

What does APPMAX do?

APPMAX is a Private limited company incorporated in 2012. Its main activity is: Computer programming activities. Its registered office is in Genk. It employs on average 6,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.431.205
Incorporation
07/06/2012
Legal form
Private limited company
Registered office
Mieënbroekstraat 35
3600 Genk · FlandreSee on map
Contributed capital
8 000,00 €
Latest accounts
31/03/2025
Average workforce
6,5 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin591,0 k €533,6 k €362,0 k €399,5 k €273,5 k €261,0 k €270,9 k €308,7 k €275,9 k €373,1 k €39,2 k €57,4 k €
EBITDA261,1 k €173,1 k €95,4 k €120,9 k €26,0 k €30,4 k €35,1 k €68,2 k €49,8 k €-2,9 k €24,1 k €2,2 k €
Operating result235,9 k €149,0 k €74,8 k €112,9 k €12,0 k €6,7 k €11,8 k €49,1 k €30,1 k €-5,7 k €21,9 k €-1,3 k €
Net result163,5 k €106,2 k €51,5 k €80,6 k €2,9 k €61,2 €2,3 k €31,0 k €9,3 k €-7,6 k €12,8 k €-1,6 k €
Balance sheet
Equity439,1 k €275,6 k €169,4 k €117,9 k €37,2 k €34,3 k €34,2 k €32,0 k €20,9 k €11,6 k €19,2 k €6,4 k €
Total assets1,1 M €800,1 k €412,9 k €377,6 k €266,2 k €298,5 k €253,4 k €202,1 k €176,6 k €122,2 k €33,9 k €25,8 k €
Cash437,0 k €428,1 k €93,8 k €214,2 k €43,5 k €17,4 k €34,2 k €4,2 k €13,0 k €6,2 k €76,0 €3,8 k €
Debts502,3 k €367,5 k €243,6 k €259,7 k €228,8 k €264,2 k €217,2 k €143,3 k €145,6 k €110,2 k €14,7 k €12,1 k €
Other
Workforce6,5 ETP7,1 ETP6,2 ETP6,5 ETP7,2 ETP6,0 ETP9,3 ETP0,3 ETP1,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

GWOMI

Director · since 04 avril 2016 · 0651.555.235

Represented by Claes GWEN

Active

Ended mandates

Gwen Claes

Manager · since 01 avril 2015

Ended
Bart Jansen

Manager · since 07 juin 2012

Ended
Pascal D'Helft

Manager · since 07 juin 2012

Ended
APPMAX

Manager · 0846.431.205

Represented by Gwen Claes

Ended
At this address

Other companies at this address

CompanyCBE no.
0824.623.229
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/202531/10/202431/10/202328/10/202203/11/202103/11/2020
General meeting30/09/202530/09/202421/09/202330/09/202216/09/202117/09/2020
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
Abridged model31/03/202530/09/202530/10/2025DutchPDF
Abridged model31/03/202430/09/202431/10/2024DutchPDF
Abridged model31/03/202321/09/202331/10/2023DutchPDF
Abridged model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202116/09/202103/11/2021DutchPDF
Abridged model31/03/202017/09/202003/11/2020DutchPDF
Micro model31/03/201919/09/201918/11/2019DutchPDF
Micro model31/03/201820/09/201829/10/2018DutchPDF
Micro model31/03/201721/09/201731/10/2017DutchPDF
Abridged model31/03/201615/09/201627/10/2016DutchPDF
Abridged model31/03/201517/09/201502/10/2015DutchPDF
Abridged model31/03/201418/09/201421/10/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

GWOMI

Director · since 04 avril 2016 · 0651.555.235

Represented by Claes GWEN

Active

Ended mandates

Gwen Claes

Manager · since 01 avril 2015

Ended
Bart Jansen

Manager · since 07 juin 2012

Ended
Pascal D'Helft

Manager · since 07 juin 2012

Ended
APPMAX

Manager · 0846.431.205

Represented by Gwen Claes

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/07/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/05/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/03/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/06/2012
    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 2025163,5 k €
  2. 2024
    Annual accounts 2024106,2 k €
  3. 2023
    Annual accounts 202351,5 k €
  4. 2022
    Annual accounts 202280,6 k €
  5. 2021
    Annual accounts 20212,9 k €
  6. 2020
    Annual accounts 202061,2 €
  7. 2019
    Annual accounts 20192,3 k €
  8. 2018
    Annual accounts 201831,0 k €
  9. 2017
    Annual accounts 20179,3 k €
  10. 2016
    Annual accounts 2016-7,6 k €
  11. 2015
    Annual accounts 201512,8 k €
  12. 2014
    Annual accounts 2014-1,6 k €
  13. 07/06/2012
    IncorporationPrivate limited company