Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
APK Infra West from Pelt, company number BE0427121088, closed financial year 2025 with a result of € 610,426 after tax. For that financial year APK Infra West recorded revenue of € 46.3 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 886,880 to € 610,426. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 5.2 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 610,426
▼ 31% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.9 million.
People and assets in 2025
212.2
▲ 16.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13.2 million
▲ 25% vs 2024
€ 62,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 134,867
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,667
▼ 44% vs 2024
Loans from banks and other lenders, long and short.
€ 6.1 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 1.3 million
▼ 26% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,769,617 | € 39,133,793 | € 42,261,105 | € 46,302,986 | ▲ 10% |
| Profit after taxes | € 846,105 | € 616,737 | € 886,880 | € 610,426 | ▼ 31% |
| Equity | € 5,006,964 | € 5,623,701 | € 4,010,581 | € 5,155,955 | ▲ 29% |
| Total debts | € 4,928,539 | € 6,579,195 | € 7,338,985 | € 7,565,477 | ▲ 3% |
| Retained profit | € 4,806,964 | € 5,423,701 | € 3,810,581 | € 4,880,955 | ▲ 28% |
| Dividend | € 0 | € 0 | € 2,500,000 | € 0 | ▼ 100% |
| Bank debt | € 66,778 | € 107,534 | € 56,667 | € 31,667 | ▼ 44% |
| Balance sheet total | € 9,935,503 | € 12,202,896 | € 11,349,566 | € 12,721,431 | ▲ 12% |
| Employees (FTE) | 181.1 | 179.1 | 195.7 | 212.2 | ▲ 16.5 |
Key figures of APK Infra West, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to APK Infra West?
What happened at APK Infra West in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Werkhofs bv stepped down as director. NBB
- Quality Management bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 610,426 (▼ 31% vs 2024). Source: NBB ↗
- Werkhofs bv became a director. NBB
- Quality Management bv became a director. NBB
- New establishment in Ieper. KBO
- New establishment in Zedelgem. KBO
- New establishment in Dendermonde. KBO
In short
From € 846,105 profit in 2022 to € 610,426 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 886,880 profit.
Paid out € 2.5 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Algemene Participatie Kerhofs nv (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ward Kerkhofs
Also active at: VEREECKE, APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, VERSTRAETE - VERHULST +18 more
since 2024 · until 2030
Director · represented by Maarten Broens
Also active at: VEREECKE, APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, VERSTRAETE - VERHULST +27 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Haltstraat 50
3900 Pelt
Wissenstraat 24
9200 Dendermonde
Active since 13 May 1985
Schatting 8
8210 Zedelgem
Active since 3 July 2019
Wervikstraat 94
8902 Ieper
Active since 1 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →VEREECKE same network
€ 25.3 million revenue · 2025
APK infra same network
€ 164.9 million revenue · 2025
VERGA
€ 24,027 gross margin · 2025
Q MACHINERY same network
€ 32.8 million revenue · 2025
VERFAILLIE - LEROY EN C° same network
€ 1.4 million gross margin · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.121.088
- VAT number
- BE 0427.121.088
- Registered office
- Haltstraat 50, 3900 Pelt
- Names & denominations
- APK Infra West
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1985
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Grondverzet
Bouwrijp maken van terreinen
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen