ACTIVE

APAK

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Financial year 2025 · closed on 31/03/2025

Net result

40,3 k €

-64.6% YoY

Gross margin

280,2 k €

-23.0% YoY

Equity

290 k €

+16.2% YoY

What does APAK do?

APAK is a Private limited company incorporated in 2008. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.512.078

Incorporation

24/07/2008

Legal form

Private limited company

Registered office

Stockholmstraat 19 box 10
8400 Oostende · FlandreSee on map

Contributed capital

21 000,00 €

Latest accounts

31/03/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.47525Retail sale of hardware, paints and glass in specialised stores 47525Retail sale of hardware, paints and glass in specialised stores

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	280,2 k €	-23.0%	363,9 k €	+71.5%	212,2 k €	-16.0%	252,7 k €	+16.9%	216,1 k €	+1.6%	212,6 k €	-14.9%	249,8 k €	+5.7%	236,3 k €	-8.7%	258,9 k €	+13.3%	228,5 k €	+36.1%	167,9 k €	+6567%	2,5 k €	-13.2%	2,9 k €	-12.9%	3,3 k €	+11.8%	3 k €	-91.9%	36,7 k €
EBITDA	92,5 k €	-50.6%	187,3 k €	+232%	56,5 k €	-51.5%	116,4 k €	+59.0%	73,2 k €	+107%	35,3 k €	-46.5%	66 k €	+25.7%	52,5 k €	+40.3%	37,4 k €	-32.1%	55,1 k €	+114%	25,7 k €	+1209%	2 k €	-14.5%	2,3 k €	+6.6%	2,2 k €	+37.8%	1,6 k €	-95.7%	36,6 k €
Operating result	65,6 k €	-61.2%	169,3 k €	+373%	35,8 k €	-50.4%	72,1 k €	+40.8%	51,2 k €	+568%	7,7 k €	-78.1%	35 k €	-22.8%	45,4 k €	+58.3%	28,6 k €	-45.1%	52,2 k €	+105%	25,4 k €	+1193%	2 k €	-14.5%	2,3 k €	+202%	-2,2 k €	+55.4%	-5 k €	-135%	14,6 k €
Net result	40,3 k €	-64.6%	114 k €	+416%	22,1 k €	-52.3%	46,3 k €	+39.2%	33,3 k €	+1210%	2,5 k €	-89.1%	23,2 k €	-3.0%	24 k €	+51.5%	15,8 k €	-48.7%	30,8 k €	+65.6%	18,6 k €	+856%	1,9 k €	+5.2%	1,8 k €	+202%	-1,8 k €	+62.9%	-4,9 k €	-150%	9,7 k €
Balance sheet
Equity	290 k €	+16.2%	249,6 k €	+10.8%	225,2 k €	+2.0%	220,7 k €	+26.5%	174,4 k €	+23.6%	141,2 k €	+1.2%	139,5 k €	+19.2%	117 k €	+25.7%	93,1 k €	+20.5%	77,3 k €	+66.4%	46,4 k €	+66.9%	27,8 k €	+7.5%	25,9 k €	+7.7%	24 k €	-7.0%	25,8 k €	-15.9%	30,7 k €
Total assets	429,9 k €	-3.5%	445,5 k €	+28.1%	347,9 k €	+6.2%	327,7 k €	+12.2%	291,9 k €	+19.3%	244,7 k €	-2.6%	251,2 k €	+3.3%	243,2 k €	+2.6%	236,9 k €	+57.1%	150,8 k €	+14.3%	132 k €	+314%	31,9 k €	-15.4%	37,7 k €	-7.8%	40,9 k €	-17.6%	49,6 k €	-27.2%	68,2 k €
Cash	74,9 k €	-64.7%	212,2 k €	+44.8%	146,6 k €	+170%	54,4 k €	-27.2%	74,7 k €	+160%	28,7 k €	+139%	12 k €	-75.7%	49,4 k €	+5.9%	46,6 k €	-24.1%	61,5 k €	+30.3%	47,2 k €	+15705%	298,4 €	+14.2%	261,2 €	-57.2%	609,8 €	-88.6%	5,3 k €	-88.5%	46,4 k €
Debts	139,9 k €	-28.6%	195,9 k €	+59.7%	122,7 k €	+14.7%	106,9 k €	-9.0%	117,5 k €	+13.5%	103,6 k €	-7.3%	111,7 k €	+23.9%	90,2 k €	-16.4%	107,8 k €	+46.6%	73,6 k €	-14.0%	85,6 k €	+3419%	2,4 k €	-79.4%	11,8 k €	-29.9%	16,9 k €	-29.2%	23,8 k €	-36.6%	37,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		3,7 ETP	+23.3%	3,0 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 4 ended

Active mandates

Luc Ferrant

Director

Active

Ended mandates

DANIEL VANHOUTTE

Manager

Ended

JEAN VANDENBERGHE

Manager

Ended

KAREL DEWEER-TAELMAN

Manager

Ended

LUC FERRANT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van mede-eigenaars Res Merville te Oostende, Stockholmstraat 19● Active	0567.944.106

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2025	26/09/2024	25/09/2023	29/09/2022	04/10/2021	29/09/2020
General meeting	20/09/2025	20/09/2024	20/09/2023	20/09/2022	20/09/2021	21/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	20/09/2025	22/09/2025	Dutch	PDF
Micro model	31/03/2024	20/09/2024	26/09/2024	Dutch	PDF
Micro model	31/03/2023	20/09/2023	25/09/2023	Dutch	PDF
Micro model	31/03/2022	20/09/2022	29/09/2022	Dutch	PDF
Micro model	31/03/2021	20/09/2021	04/10/2021	Dutch	PDF
Micro model	31/03/2020	21/09/2020	29/09/2020	Dutch	PDF
Micro model	31/03/2019	20/09/2019	01/10/2019	Dutch	PDF
Micro model	31/03/2018	20/09/2018	24/09/2018	Dutch	PDF
Micro model	31/03/2017	20/09/2017	25/09/2017	Dutch	PDF
Abridged model	31/03/2016	20/09/2016	22/09/2016	Dutch	PDF
Abridged model	31/03/2015	21/09/2015	24/09/2015	Dutch	PDF
Abridged model	31/03/2014	20/09/2014	29/10/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	23/10/2013	Dutch	PDF
Abridged model	31/03/2012	20/09/2012	21/09/2012	Dutch	PDF
Abridged model	31/03/2011	20/09/2011	26/09/2011	Dutch	PDF
Abridged model	31/03/2010	20/09/2010	22/09/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Luc Ferrant

Director

Active

Ended mandates

DANIEL VANHOUTTE

Manager

Ended

JEAN VANDENBERGHE

Manager

Ended

KAREL DEWEER-TAELMAN

Manager

Ended

LUC FERRANT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/09/2024
WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN
PDF
Mandates23/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/02/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other13/05/2014
BENAMING
PDF
Mandates28/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/09/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other06/08/2008
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

2025
Annual accounts 202540,3 k €↓
2024
Annual accounts 2024114 k €↑
2023
Annual accounts 202322,1 k €↓
2022
Annual accounts 202246,3 k €↑
2021
Annual accounts 202133,3 k €↑
2020
Annual accounts 20202,5 k €↓
2019
Annual accounts 201923,2 k €↓
2018
Annual accounts 201824 k €↑
2017
Annual accounts 201715,8 k €↓
2016
Annual accounts 201630,8 k €↑
2015
Annual accounts 201518,6 k €↑
2014
Annual accounts 20141,9 k €↑
2013
Annual accounts 20131,8 k €↑
2012
Annual accounts 2012-1,8 k €↑
2011
Annual accounts 2011-4,9 k €↓
2010
Annual accounts 20109,7 k €
24/07/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

APAK

Overview

What does APAK do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline