APROJECTS
ActiveSummary
APROJECTS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.69M and a net result of €2.78M. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
The notes to these accounts (115 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €15.58M | €24.14M | €25.36M | €20.41M | €30.64M | ▲ 50.2% |
| Turnover70 | €15.50M | €23.82M | €24.56M | €19.21M | €28.63M | ▲ 49.1% |
| Other operating income74 | €79k | €324k | €797k | €1.18M | €2.01M | ▲ 70.3% |
| Non-recurring operating income76A | - | - | - | €21k | €0 | ▼ 100% |
| Operating charges60/66A | €15.07M | €23.58M | €25.04M | €20.04M | €26.75M | ▲ 33.5% |
| Goods for resale, raw materials and consumables60 | €11.92M | €18.29M | €19.77M | €12.95M | €19.59M | ▲ 51.3% |
| Purchases600/8 | €11.92M | €18.29M | €19.77M | €12.95M | €19.59M | ▲ 51.3% |
| Services and other goods61 | €1.97M | €2.50M | €3.10M | €3.51M | €3.77M | ▲ 7.1% |
| Remuneration, social security and pensions62 | €1.08M | €1.26M | €1.83M | €1.79M | €1.73M | ▼ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98k | €108k | €324k | €556k | €724k | ▲ 30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1.43M | - | €-1.23M | €82k | ▲ 107% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-5k | - | - | - | - |
| Other operating charges640/8 | €8k | €4k | €20k | €2.46M | €862k | ▼ 65.0% |
| Operating profit (loss)9901 | €507k | €563k | €314k | €371k | €3.89M | ▲ 947% |
| Financial income75/76B | €50k | €265k | €476k | €876k | €568k | ▼ 35.1% |
| Recurring financial income75 | €50k | €265k | €476k | €876k | €568k | ▼ 35.1% |
| Income from financial fixed assets750 | - | - | - | €674k | €428k | ▼ 36.5% |
| Other financial income752/9 | €50k | €265k | €476k | €202k | €141k | ▼ 30.4% |
| Financial charges65/66B | €68k | €317k | €709k | €817k | €709k | ▼ 13.2% |
| Recurring financial charges65 | €68k | €317k | €709k | €817k | €709k | ▼ 13.2% |
| Debt charges650 | - | - | - | €578k | €465k | ▼ 19.6% |
| Other financial charges652/9 | €68k | €317k | €709k | €239k | €244k | ▲ 2.2% |
| Profit (loss) for the period before taxes9903 | €488k | €511k | €81k | €430k | €3.75M | ▲ 772% |
| Income taxes67/77 | €134k | €153k | €32k | €93k | €970k | ▲ 947% |
| Taxes670/3 | €136k | €153k | €40k | €95k | €970k | ▲ 924% |
| Tax adjustments and reversals of tax provisions77 | €2k | - | €8k | €2k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €354k | €357k | €49k | €337k | €2.78M | ▲ 723% |
| Profit (loss) for the period to be appropriated9905 | €354k | €357k | €49k | €337k | €2.78M | ▲ 723% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.80M | €13.24M | €20.21M | €28.29M | €33.13M | ▲ 17.1% |
| Fixed assets21/28 | €2.72M | €3.97M | €11.03M | €19.01M | €22.72M | ▲ 19.5% |
| Intangible fixed assets21 | €4k | €2k | - | - | - | - |
| Tangible fixed assets22/27 | €291k | €1.54M | €8.61M | €12.61M | €11.94M | ▼ 5.3% |
| Land and buildings22 | - | - | €8.11M | €10.87M | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €166k | €102k | €261k | €1.25M | €0 | ▼ 100% |
| Furniture and vehicles24 | €124k | €168k | €239k | €207k | €152k | ▼ 26.4% |
| Leasing and similar rights25 | - | - | - | €278k | €212k | ▼ 23.8% |
| Other tangible fixed assets26 | €1k | €535 | - | - | €11.58M | - |
| Assets under construction and advance payments27 | - | €1.27M | - | - | - | - |
| Financial fixed assets28 | €2.42M | €2.42M | €2.42M | €6.40M | €10.77M | ▲ 68.4% |
| Affiliated companies280/1 | €2.42M | €2.42M | €2.42M | €6.40M | €10.77M | ▲ 68.3% |
| Participating interests280 | €2.42M | €2.42M | €2.42M | €2.56M | €2.56M | = |
| Amounts receivable281 | - | - | - | €3.84M | €8.21M | ▲ 114% |
| Other financial fixed assets284/8 | €4k | €3k | €2k | €0 | €5k | - |
| Amounts receivable and cash guarantees285/8 | €4k | €3k | €2k | €0 | €5k | - |
| Current assets29/58 | €8.08M | €9.28M | €9.19M | €9.29M | €10.41M | ▲ 12.2% |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €7.46M | €8.73M | €8.12M | €6.40M | €10.04M | ▲ 56.9% |
| Trade receivables40 | €5.66M | €5.84M | €6.28M | €4.81M | €7.47M | ▲ 55.2% |
| Other amounts receivable41 | €1.80M | €2.90M | €1.84M | €1.59M | €2.57M | ▲ 62.0% |
| Cash at bank and in hand54/58 | €257k | €315k | €690k | €1.40M | €218k | ▼ 84.4% |
| Deferred charges and accrued income490/1 | €361k | €230k | €378k | €1.49M | €156k | ▼ 89.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.80M | €13.24M | €20.21M | €28.29M | €33.13M | ▲ 17.1% |
| Equity10/15 | €3.32M | €3.67M | €3.72M | €7.91M | €10.69M | ▲ 35.1% |
| Contributions10/11 | €125k | €125k | €125k | €125k | €125k | = |
| Capital10 | €125k | €125k | €125k | €125k | €125k | = |
| Issued capital100 | €125k | €125k | €125k | €125k | €125k | = |
| Revaluation surpluses12 | - | - | - | €3.83M | €3.65M | ▼ 4.9% |
| Reserves13 | €13k | €13k | €13k | €3.95M | €6.91M | ▲ 75.1% |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | €13k | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | - | - | - | €3.94M | €6.90M | ▲ 75.3% |
| Profit (loss) carried forward14 | €3.18M | €3.53M | €3.58M | €653 | €820 | ▲ 25.5% |
| Provisions and deferred taxes16 | €5k | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €5k | - | - | - | - | - |
| Other liabilities and charges164/5 | €5k | - | - | - | - | - |
| Amounts payable17/49 | €7.48M | €9.57M | €16.49M | €20.38M | €22.45M | ▲ 10.1% |
| Amounts payable after more than one year17 | - | €1.32M | €8.33M | €7.47M | €6.35M | ▼ 15.0% |
| Financial debts170/4 | - | €1.32M | €8.33M | €7.47M | €6.35M | ▼ 15.0% |
| Leasing and similar obligations172 | - | - | - | €210k | €153k | ▼ 27.0% |
| Credit institutions173 | - | €1.32M | €8.33M | €7.26M | €6.19M | ▼ 14.6% |
| Amounts payable within one year42/48 | €6.72M | €8.24M | €8.09M | €11.05M | €15.71M | ▲ 42.2% |
| Current portion of amounts payable after more than one year42 | - | €444k | €1.22M | €1.12M | €1.12M | ▼ 0.3% |
| Financial debts43 | - | - | - | €2.67M | €3.26M | ▲ 22.3% |
| Credit institutions430/8 | - | - | - | €2.67M | €3.26M | ▲ 22.3% |
| Trade debts44 | €4.89M | €6.22M | €6.09M | €4.43M | €6.83M | ▲ 54.1% |
| Suppliers440/4 | €4.89M | €6.22M | €6.09M | €4.43M | €6.83M | ▲ 54.1% |
| Advances received on contracts in progress46 | - | - | - | €18k | €18k | = |
| Taxes, remuneration and social security45 | €139k | €180k | €200k | €292k | €1.09M | ▲ 273% |
| Taxes450/3 | €35k | €19k | - | €83k | €906k | ▲ 990% |
| Remuneration and social security454/9 | €104k | €160k | €200k | €209k | €182k | ▼ 12.7% |
| Other amounts payable47/48 | €1.68M | €1.40M | €582k | €2.51M | €3.39M | ▲ 34.8% |
| Accrued charges and deferred income492/3 | €764k | €10k | €75k | €1.87M | €387k | ▼ 79.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €354k | €357k | €49k | €337k | €2.78M | ▲ 723% |
| + Depreciation and write-downs630 | €98k | €108k | €324k | €556k | €724k | ▲ 30.1% |
| Operating cash flow (approximation) | €452k | €465k | €373k | €894k | €3.50M | ▲ 292% |
| Investment in fixed assets (approximation) | - | €-1.35M | €-7.39M | €-8.53M | €-4.44M | ▲ 48.0% |
| Change in cash | - | €58k | €376k | €712k | €-1.18M | ▼ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0155/00S006 | Flanders | 532 m² | 1 · 509 m² | 20.6 m · 6 fl. |
Linked by address, not proof of ownership
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