ACTIVE

APK infra

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

+8.1% YoY

Revenue

164,9 M €

+9.3% YoY

Equity

15,3 M €

+8.4% YoY

Workforce

539,6 ETP

+6.0% YoY

What does APK infra do?

APK infra is a Public limited company incorporated in 1976. Its registered office is in Pelt. It employs on average 539,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.763.576

Incorporation

07/01/1976

Legal form

Public limited company

Registered office

Haltstraat 50
3900 Pelt · FlandreSee on map

Contributed capital

745 000,00 €

Latest accounts

31/12/2025

Average workforce

539,6 ETP

Joint committees (4)

124
14901
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	164,9 M €	+9.3%	150,9 M €	+1.3%	148,9 M €	+28.8%	115,6 M €	+44.1%	80,2 M €	+28.5%	62,4 M €	-7.1%	67,2 M €	+11.6%	60,3 M €	+17.5%	51,3 M €	+14.7%	44,7 M €	+16.5%	38,4 M €	+3.6%	37 M €	-9.6%	41 M €	+16.8%	35,1 M €	+15.1%	30,5 M €	+27.2%	23,9 M €	-4.0%	24,9 M €	-6.5%	26,7 M €	+11.8%	23,9 M €
EBITDA	5,4 M €	+14.1%	4,8 M €	+49.8%	3,2 M €	-24.9%	4,2 M €	-12.1%	4,8 M €	+8.6%	4,4 M €	+55.1%	2,9 M €	+12.3%	2,5 M €	+3.3%	2,5 M €	+14.3%	2,2 M €	+2.1%	2,1 M €	+13.5%	1,9 M €	+5.4%	1,8 M €	+0.3%	1,8 M €	-7.7%	1,9 M €	+29.9%	1,5 M €	+1.0%	1,5 M €	-14.3%	1,7 M €	-2.8%	1,7 M €
Operating result	2,9 M €	+16.3%	2,5 M €	+25.2%	2 M €	-34.8%	3 M €	+94.2%	1,5 M €	-34.4%	2,4 M €	+131%	1 M €	+45.3%	702,4 k €	-4.3%	734,3 k €	+3.3%	710,6 k €	-30.0%	1 M €	-0.9%	1 M €	+33.4%	767,3 k €	-13.2%	883,8 k €	-14.9%	1 M €	+33.4%	779,1 k €	+17.1%	665,1 k €	-30.9%	962,2 k €	+0.0%	961,8 k €
Net result	1,2 M €	+8.1%	1,1 M €	+7.5%	1 M €	-54.3%	2,2 M €	+114%	1 M €	-36.5%	1,6 M €	+181%	582,1 k €	+29.1%	451 k €	+0.2%	449,9 k €	+15.8%	388,5 k €	-38.3%	629,8 k €	+17.1%	537,6 k €	+15.0%	467,5 k €	-26.2%	633,2 k €	-18.1%	773 k €	+35.0%	572,8 k €	+19.5%	479,4 k €	-17.9%	584,2 k €	+2.4%	570,5 k €
Balance sheet
Equity	15,3 M €	+8.4%	14,1 M €	+8.4%	13 M €	+8.5%	12 M €	+22.8%	9,7 M €	+11.9%	8,7 M €	+23.1%	7,1 M €	+9.0%	6,5 M €	-19.3%	8 M €	+5.9%	7,6 M €	+5.4%	7,2 M €	+9.6%	6,6 M €	+0.9%	6,5 M €	+7.7%	6 M €	+11.7%	5,4 M €	+16.7%	4,6 M €	+14.1%	4,1 M €	+13.4%	3,6 M €	+19.5%	3 M €
Total assets	58,2 M €	+8.8%	53,4 M €	+3.1%	51,8 M €	+80.7%	28,7 M €	+12.1%	25,6 M €	+13.6%	22,5 M €	+1.3%	22,2 M €	+13.1%	19,6 M €	-7.4%	21,2 M €	+4.8%	20,2 M €	+29.8%	15,6 M €	+19.4%	13,1 M €	-10.2%	14,5 M €	+8.4%	13,4 M €	+23.3%	10,9 M €	+23.3%	8,8 M €	+0.9%	8,8 M €	-5.2%	9,2 M €	+9.2%	8,5 M €
Cash	4,9 k €	+43.3%	3,4 k €	-56.1%	7,7 k €	+44.6%	5,3 k €	-25.9%	7,2 k €	-99.5%	1,5 M €	+165312%	907,5 €	-28.0%	1,3 k €	-50.5%	2,5 k €	+52.5%	1,7 k €	-98.4%	107,4 k €	+3945%	2,7 k €	-24.9%	3,5 k €	-54.4%	7,8 k €	-98.1%	401,1 k €	-70.7%	1,4 M €	+551%	210,5 k €	-63.8%	581,7 k €	+621%	80,6 k €
Debts	42,2 M €	+8.5%	38,9 M €	+2.1%	38,1 M €	+138%	16 M €	+11.7%	14,3 M €	+6.8%	13,4 M €	-10.8%	15 M €	+18.2%	12,7 M €	-0.6%	12,8 M €	+4.5%	12,2 M €	+55.7%	7,9 M €	+26.2%	6,2 M €	-20.3%	7,8 M €	+17.4%	6,7 M €	+36.5%	4,9 M €	+32.5%	3,7 M €	-15.0%	4,3 M €	-18.7%	5,3 M €	+2.8%	5,2 M €
Other
Workforce	539,6 ETP	+6.0%	509,2 ETP	+5.8%	481,1 ETP	+8.5%	443,6 ETP	-1.6%	450,8 ETP	+4.8%	430,3 ETP	+2.8%	418,7 ETP	+9.4%	382,7 ETP	+14.5%	334,1 ETP	+18.3%	282,4 ETP	+8.4%	260,4 ETP	+2.4%	254,2 ETP	-5.5%	268,9 ETP	+3.8%	259,1 ETP	+3.0%	251,5 ETP	+2.4%	245,7 ETP	+2.8%	239,1 ETP	-2.7%	245,8 ETP	-2.0%	250,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

WERKHOFS

Director · since 31 juillet 2024 · until 31 juillet 2030 · 0743.979.904

Represented by Ward Kerkhofs

Active

Quality Management

Director · since 20 novembre 2023 · until 20 novembre 2029 · 0774.512.732

Represented by Maarten Broens

Active

Ended mandates

BURO MERTENS

Director · since 20 novembre 2023 · until 20 novembre 2029 · 0824.272.247

Represented by Koen Mertens

Ended

Quality Management

bestuurder · since 01 juin 2022 · until 01 juin 2028 · 0774.512.732

Represented by Maarten Broens

Ended

Quality Management

Director · since 01 juin 2022 · until 01 juin 2028 · 0774.512.732

Represented by Maarten Broens

Ended

HWY bv

bestuurder · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

At this address

Other companies at this address

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L.T.C.● Active	0460.197.197
Maasmechelen Recycling● Active	1005.209.911
MH APK&Q● Active	0740.671.016
NV VEREECKE -NV CASTELEYN● Active	0521.643.036
Pates Consulting● Active	0442.493.115
Pates ESP● Active	1020.938.064
Pelt Recycling● Active	0792.984.304
Q MACHINERY● Active	0424.430.230
Quality Jobs @ Construct● Active	0477.288.795
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R-INVEST● Active	0458.374.983
STEFKER● Active	0735.372.737

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	29/07/2025	01/07/2024	20/07/2023	14/07/2022	16/07/2021
General meeting	26/06/2026	30/06/2025	28/06/2024	18/07/2023	17/06/2022	30/06/2021
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

25 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	18/07/2023	20/07/2023	Dutch	PDF
Full modelCorrection	31/12/2021	17/06/2022	14/07/2022	Dutch	PDF
Full model	31/12/2021	17/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	02/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	18/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	25/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	20/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	14/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	18/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	24/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	25/07/2011	Dutch	PDF
Full model	31/12/2009	20/05/2010	17/09/2010	Dutch	PDF
Consolidated accounts	31/12/2009	30/06/2010	09/08/2010	Dutch	PDF
Full model	31/12/2008	20/05/2009	16/06/2009	Dutch	PDF
Consolidated accounts	31/12/2008	30/06/2009	10/07/2009	Dutch	PDF
Full model	31/12/2007	20/05/2008	07/07/2008	Dutch	PDF
Consolidated accounts	31/12/2007	30/06/2008	01/08/2008	Dutch	PDF
Full model	31/12/2006	21/05/2007	18/07/2007	Dutch	PDF

View all 25 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 19 ended

Active mandates

WERKHOFS

Director · since 31 juillet 2024 · until 31 juillet 2030 · 0743.979.904

Represented by Ward Kerkhofs

Active

Quality Management

Director · since 20 novembre 2023 · until 20 novembre 2029 · 0774.512.732

Represented by Maarten Broens

Active

Ended mandates

BURO MERTENS

Director · since 20 novembre 2023 · until 20 novembre 2029 · 0824.272.247

Represented by Koen Mertens

Ended

Quality Management

bestuurder · since 01 juin 2022 · until 01 juin 2028 · 0774.512.732

Represented by Maarten Broens

Ended

Quality Management

Director · since 01 juin 2022 · until 01 juin 2028 · 0774.512.732

Represented by Maarten Broens

Ended

HWY bv

bestuurder · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates02/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2021
ONTSLAGEN - BENOEMINGEN
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 20251,2 M €↑
2024
Annual accounts 20241,1 M €↑
31/07/2024
nominationWERKHOFS bv — bestuurder
2023
Annual accounts 20231 M €↓
2022
Annual accounts 20222,2 M €↑
01/06/2022
nominationQuality Management bv — bestuurder
2021
Annual accounts 20211 M €↓
01/09/2021
nominationHWY BV — bestuurder
2020
Annual accounts 20201,6 M €↑
2019
Annual accounts 2019582,1 k €↑
2018
Annual accounts 2018451 k €↑
2017
Annual accounts 2017449,9 k €↑
2016
Annual accounts 2016388,5 k €↓
2015
Annual accounts 2015629,8 k €↑
2014
Annual accounts 2014537,6 k €↑
2013
Annual accounts 2013467,5 k €↓
2012
Annual accounts 2012633,2 k €↓
2011
Annual accounts 2011773 k €↑
2010
Annual accounts 2010572,8 k €↑
2009
Annual accounts 2009479,4 k €↓
2008
Annual accounts 2008584,2 k €↑
2007
Annual accounts 2007570,5 k €
07/01/1976
IncorporationPublic 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

APK infra

Overview

What does APK infra do?

Trend over 19 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