ACTIVE

ALGEMENE PARTICIPATIE KERKHOFS

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Financial year 2025 · closed on 31/12/2025
Net result
2,7 M €
-78.6% YoY
Revenue
23,2 M €
+137.6% YoY
Equity
33,9 M €
+8.7% YoY
Workforce
6,6 ETP
-26.7% YoY

What does ALGEMENE PARTICIPATIE KERKHOFS do?

ALGEMENE PARTICIPATIE KERKHOFS is a Public limited company incorporated in 1993. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Pelt. It employs on average 6,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.530.662
Incorporation
19/02/1993
Legal form
Public limited company
Registered office
Haltstraat 50
3900 Pelt · FlandreSee on map
Contributed capital
877 000,00 €
Latest accounts
31/12/2025
Average workforce
6,6 ETP
Activities (NACE)
42220Construction of utility projects for electricity and telecommunications· main42220Construction of utility projects for electricity and telecommunications45215Maintenance and repair of motor vehicles70100Activities of head offices70100Activities of head offices70200Management consultancy activities+2
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood 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 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue23,2 M €9,7 M €7,8 M €5,6 M €4,1 M €4 M €3,6 M €3,3 M €2,4 M €2,1 M €1,8 M €1,9 M €1,8 M €1,8 M €1,7 M €1,2 M €1,1 M €1 M €874,1 k €654,6 k €
EBITDA3 M €2,6 M €1,2 M €893,6 k €493,1 k €558,6 k €529 k €393,3 k €507,6 k €386,2 k €247 k €366,4 k €421,7 k €439,2 k €406,6 k €330,1 k €242,9 k €271,9 k €216,9 k €129,8 k €
Operating result2 M €1,9 M €984,3 k €723,4 k €363,5 k €493,6 k €419,6 k €268,3 k €401,3 k €293,2 k €179,4 k €320,6 k €382,7 k €400,8 k €366,9 k €309,3 k €218,5 k €229,5 k €179,3 k €89,6 k €
Net result2,7 M €12,7 M €1,6 M €350,4 k €45,6 k €195,4 k €4 M €2,3 M €1,3 k €2,1 M €827,1 k €1,9 M €2,6 M €286,9 k €591,5 k €31,8 k €31,9 k €22,6 k €41,1 k €40,6 k €
Balance sheet
Equity33,9 M €31,2 M €18,5 M €16,9 M €16,6 M €16,5 M €16,3 M €12,3 M €10 M €11,5 M €9,4 M €8,6 M €6,7 M €4,1 M €3,8 M €3,2 M €1,1 M €1,1 M €1,1 M €1 M €
Total assets83,8 M €88,9 M €60 M €40,2 M €33,1 M €29 M €29,9 M €22,1 M €18,9 M €22 M €20,4 M €14,7 M €12,7 M €10,9 M €11,4 M €8,5 M €5,7 M €6 M €4,8 M €4,9 M €
Cash–5,7 M €3,6 k €7,4 M €2,6 M €1,2 M €1,3 k €75,8 k €203,9 k €1,1 M €89,1 k €74,6 k €695,7 k €176,9 k €2,9 k €274,2 k €8,4 k €8,6 k €2,6 k €12 k €
Debts48,8 M €56 M €41,2 M €23 M €16,5 M €12,5 M €13,6 M €9,7 M €8,8 M €10,4 M €10,9 M €6,1 M €6 M €6,8 M €7,5 M €5,3 M €4,6 M €4,9 M €3,8 M €3,9 M €
Other
Workforce6,6 ETP9,0 ETP11,3 ETP7,8 ETP8,5 ETP9,4 ETP9,7 ETP9,5 ETP7,6 ETP4,7 ETP4,9 ETP6,9 ETP6,5 ETP5,9 ETP5,6 ETP4,6 ETP6,0 ETP7,1 ETP8,0 ETP8,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 27 ended

Active mandates

VERBIST VALUE ADDING CONSULTANCY

Director · since 01 janvier 2025 · 0649.811.215

Represented by Luc Verbist

Active
STEFKER

Director · since 01 mai 2024 · until 01 mai 2030 · 0735.372.737

Represented by Kerkhofs STEF

Active
WILLIAM BLOMME

Director · since 01 octobre 2023 · 0866.293.043

Represented by William Blomme

Active
WERKHOFS

Director · since 04 janvier 2023 · 0743.979.904

Represented by Ward Kerkhofs

Active
Quality Management

Director · since 21 septembre 2022 · until 21 septembre 2028 · 0774.512.732

Represented by Maarten Broens

Active
CORDELIA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Roeck JAN

Active
EMBLA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0478.313.334

Represented by Zwerts FRANK

Active
FH APK & Q

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0740.671.214

Represented by Kerkhofs BRAM

Active
JAMATIEL

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0825.022.711

Represented by Rutten JACOBUS

Active
Pates Consulting

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0442.493.115

Represented by Damen THERESE

Active
Paul Kerkhofs

Director · since 23 septembre 2021 · until 23 septembre 2027

Active

Ended mandates

STEFKER

Director · since 01 mai 2024 · until 01 mai 2030 · 0735.372.737

Represented by Kerkhofs STEF

Ended
Bartus Haaksman

Director · since 23 septembre 2021 · until 23 septembre 2027

Ended
CORDELIA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Jan Roeck

Ended
CORDELIA

bestuurder · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Jan Roeck

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date01/07/202615/07/202503/07/202420/07/202319/07/202216/07/2021
General meeting26/06/202611/07/202528/06/202418/07/202322/06/202230/06/2021
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

35 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202601/07/2026DutchPDF
Full model31/12/202411/07/202515/07/2025DutchPDF
Consolidated accounts31/12/202411/07/202518/07/2025DutchPDF
Full model31/12/202328/06/202403/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202401/07/2024DutchPDF
Full model31/12/202218/07/202320/07/2023DutchPDF
Consolidated accounts31/12/202220/07/202324/07/2023DutchPDF
Full model31/12/202122/06/202219/07/2022DutchPDF
Consolidated accounts31/12/202115/06/202219/07/2022DutchPDF
Full model31/12/202030/06/202116/07/2021DutchPDF
Consolidated accounts31/12/202030/06/202116/07/2021DutchPDF
Full model31/12/201908/07/202013/07/2020DutchPDF
Consolidated accounts31/12/201908/07/202013/07/2020DutchPDF
Full model31/12/201828/06/201918/07/2019DutchPDF
Consolidated accounts31/12/201828/06/201918/07/2019DutchPDF
Full model31/12/201729/06/201824/07/2018DutchPDF
Consolidated accounts31/12/201729/06/201831/07/2018DutchPDF
Full model31/12/201630/06/201725/07/2017DutchPDF
Consolidated accounts31/12/201630/06/201730/07/2017DutchPDF
Full model31/12/201530/06/201601/07/2016DutchPDF
Consolidated accounts31/12/201530/06/201601/07/2016DutchPDF
Full model31/12/201426/06/201520/07/2015DutchPDF
Consolidated accounts31/12/201431/07/201531/08/2015DutchPDF
Full model31/12/201327/06/201415/07/2014DutchPDF

View all 35 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 11 active · 27 ended

Active mandates

VERBIST VALUE ADDING CONSULTANCY

Director · since 01 janvier 2025 · 0649.811.215

Represented by Luc Verbist

Active
STEFKER

Director · since 01 mai 2024 · until 01 mai 2030 · 0735.372.737

Represented by Kerkhofs STEF

Active
WILLIAM BLOMME

Director · since 01 octobre 2023 · 0866.293.043

Represented by William Blomme

Active
WERKHOFS

Director · since 04 janvier 2023 · 0743.979.904

Represented by Ward Kerkhofs

Active
Quality Management

Director · since 21 septembre 2022 · until 21 septembre 2028 · 0774.512.732

Represented by Maarten Broens

Active
CORDELIA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Roeck JAN

Active
EMBLA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0478.313.334

Represented by Zwerts FRANK

Active
FH APK & Q

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0740.671.214

Represented by Kerkhofs BRAM

Active
JAMATIEL

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0825.022.711

Represented by Rutten JACOBUS

Active
Pates Consulting

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0442.493.115

Represented by Damen THERESE

Active
Paul Kerkhofs

Director · since 23 septembre 2021 · until 23 septembre 2027

Active

Ended mandates

STEFKER

Director · since 01 mai 2024 · until 01 mai 2030 · 0735.372.737

Represented by Kerkhofs STEF

Ended
Bartus Haaksman

Director · since 23 septembre 2021 · until 23 septembre 2027

Ended
CORDELIA

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Jan Roeck

Ended
CORDELIA

bestuurder · since 23 septembre 2021 · until 23 septembre 2027 · 0667.665.549

Represented by Jan Roeck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - KAPITAAL - AANDELEN - 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

Timeline

  1. 2025
    Annual accounts 20252,7 M €↓
  2. 01/01/2025
    nominationVERBIST VALUE ADDING CONSULTANGY vof — lid van de Raad van Toezicht
  3. 2024
    Annual accounts 202412,7 M €↑
  4. 01/05/2024
    nominationSTEFKER bv — lid van de Directieraad
  5. 30/04/2024
    nominationBram KERKHOFS — vaste vertegenwoordiger
  6. 2023
    Annual accounts 20231,6 M €↑
  7. 01/12/2023
    nominationMoore Audit bv — commissaris
  8. 01/10/2023
    nominationWILLIAM BLOMME bv — lid van de Raad van Toezicht
  9. 04/01/2023
    nominationWERKHOFS bv — lid van de Directieraad
  10. 2022
    Annual accounts 2022350,4 k €↑
  11. 21/09/2022
    nominationQuality Management bv — lid van de Directieraad
  12. 21/09/2022
    nominationHWY bv — lid van de Directieraad
  13. 01/09/2022
    nominationArmand KNOOP — (ad interim) lid van de Directieraad
  14. 2021
    Annual accounts 202145,6 k €↓
  15. 2020
    Annual accounts 2020195,4 k €↓
  16. 2019
    Annual accounts 20194 M €↑
  17. 2018
    Annual accounts 20182,3 M €↑
  18. 2017
    Annual accounts 20171,3 k €↓
  19. 2016
    Annual accounts 20162,1 M €↑
  20. 2015
    Annual accounts 2015827,1 k €↓
  21. 2014
    Annual accounts 20141,9 M €↓
  22. 2013
    Annual accounts 20132,6 M €↑
  23. 2012
    Annual accounts 2012286,9 k €↓
  24. 2011
    Annual accounts 2011591,5 k €↑
  25. 2010
    Annual accounts 201031,8 k €↓
  26. 2009
    Annual accounts 200931,9 k €↑
  27. 2008
    Annual accounts 200822,6 k €↓
  28. 2007
    Annual accounts 200741,1 k €↑
  29. 2006
    Annual accounts 200640,6 k €
  30. 19/02/1993
    IncorporationPublic limited company