ACTIVE

APG

Financial year 2025 · closed on 31/12/2025
Net result
291,8 k €
-10.2% YoY
Gross margin
415,7 k €
+69.3% YoY
Equity
1,5 M €
+24.9% YoY

What does APG do?

APG is a Private limited company incorporated in 2015. Its main activity is: Building completion and finishing. Its registered office is in Anzegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.466.119
Incorporation
14/12/2015
Legal form
Private limited company
Registered office
Dompelstraat 5
8570 Anzegem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin415,7 k €245,5 k €271,9 k €286,3 k €167,4 k €113 k €586,3 k €71,4 k €52,8 k €
EBITDA411,1 k €240,8 k €259,4 k €276,8 k €162,6 k €108,3 k €577,8 k €69,8 k €52,4 k €
Operating result266,4 k €137,6 k €104,9 k €238,8 k €51,9 k €68,8 k €-17,2 k €60,1 k €42,6 k €
Net result291,8 k €324,8 k €47 k €376,6 k €7,9 k €36 k €-40,4 k €74,9 k €339,9 k €
Balance sheet
Equity1,5 M €1,2 M €848 k €801,7 k €425,2 k €417,3 k €381,3 k €421,8 k €346,9 k €
Total assets3,2 M €2,9 M €2,9 M €2,8 M €2,6 M €2,2 M €2,2 M €2,9 M €1,1 M €
Cash83,1 k €33,9 k €21,7 k €456,3 k €31,7 k €1,5 k €20 k €2,5 k €21,7 k €
Debts1,7 M €1,7 M €2 M €2 M €2,1 M €1,7 M €1,7 M €2,5 M €727,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Gilles Vanovenberghe

Director

Active

Ended mandates

Gilles Vanovenberghe

Director · since 20 janvier 2020

Ended
Karel Vercruysse

Director · since 20 janvier 2020 · until 01 octobre 2023

Ended
Karel Vercruysse

Director · since 20 janvier 2020

Ended
Gilles Vanovenberghe

Director · since 14 décembre 2015

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date10/06/202623/06/202526/06/202414/06/202329/08/202220/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202325/08/202204/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202610/06/2026DutchPDF
Abridged model31/12/202406/06/202523/06/2025DutchPDF
Abridged model31/12/202307/06/202426/06/2024DutchPDF
Abridged model31/12/202202/06/202314/06/2023DutchPDF
Abridged modelCorrection31/12/202125/08/202229/08/2022DutchPDF
Abridged model31/12/202103/06/202221/06/2022DutchPDF
Abridged model31/12/202004/06/202120/08/2021DutchPDF
Abridged model31/12/201905/06/202017/07/2020DutchPDF
Micro model31/12/201807/06/201929/08/2019DutchPDF
Micro model31/12/201701/06/201821/09/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 5 ended

Active mandates

Gilles Vanovenberghe

Director

Active

Ended mandates

Gilles Vanovenberghe

Director · since 20 janvier 2020

Ended
Karel Vercruysse

Director · since 20 janvier 2020 · until 01 octobre 2023

Ended
Karel Vercruysse

Director · since 20 janvier 2020

Ended
Gilles Vanovenberghe

Director · since 14 décembre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring06/02/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/04/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other23/12/2015
    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 2025291,8 k €
  2. 2024
    Annual accounts 2024324,8 k €
  3. 2023
    Annual accounts 202347 k €
  4. 2022
    Annual accounts 2022376,6 k €
  5. 2021
    Annual accounts 20217,9 k €
  6. 2020
    Annual accounts 202036 k €
  7. 2019
    Annual accounts 2019-40,4 k €
  8. 2018
    Annual accounts 201874,9 k €
  9. 2017
    Annual accounts 2017339,9 k €
  10. 14/12/2015
    IncorporationPrivate limited company