Active · per the CBE, 31 October 2026

AHP

BE0465632464

Rechtspersoon Private limited company 1 establishment

AHP is a machinery manufacturer in Ledegem. Private Limited, started on 23 April 1999, 1 establishment.

't Lindeke 17a, 8880 Ledegem

Behind the company: Christophe Pannecoucke.

Active for

27 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 7.2 to 6.2.

Financials

Financial year 2025

AHP from Ledegem, company number BE0465632464, closed financial year 2025 with a result of € 65,688 after tax. For that financial year AHP recorded a gross margin of € 762,690 and equity of € 344,318. Compared with financial year 2024, the result moved from € 35,817 to € 65,688. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.

What it is worth Growing

€ 344,318

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 65,688

▲ 83% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 60,704

▼ 57% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 37,782 paid out

58 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

6.2

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 520,367

▲ 1% vs 2024

€ 83,900 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.

Vehicles and equipment

€ 103,031

▲ 1% vs 2024

Of which on lease € 81,582.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 508,122

▼ 29% vs 2024

€ 90,496 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 415,234

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 155,400

▲ 58% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 568,565 € 632,833 € 726,546 € 762,690 ▲ 5%
Profit after taxes € 12,222 € 17,473 € 35,817 € 65,688 ▲ 83%
Equity € 299,637 € 317,111 € 316,413 € 344,318 ▲ 9%
Total debts € 1,241,172 € 1,403,463 € 1,369,821 € 1,224,920 ▼ 11%
Cash € 15,576 € 30,263 € 140,350 € 60,704 ▼ 57%
Land & buildings € 263,697 € 254,519 € 245,437 € 236,250 ▼ 4%
Retained profit € 281,037 € 298,511 € 297,813 € 325,718 ▲ 9%
Dividend € 25,762 € 0 € 36,516 € 37,782 ▲ 3%
Bank debt € 606,976 € 765,582 € 713,274 € 508,122 ▼ 29%
Balance sheet total € 1,540,809 € 1,720,573 € 1,686,234 € 1,569,238 ▼ 7%
Employees (FTE) 6.7 7.2 6.9 6.2 ▼ 0.7

Key figures of AHP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to AHP?

What happened at AHP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 65,688 (▲ 83% vs 2024). Source: NBB ↗
  • New establishment in Ledegem. KBO
  • Start of the company according to the CBE. KBO
  • Christophe Pannecoucke became a director. NBB

In short

From € 12,222 profit in 2022 to € 65,688 profit in 2025.

Paid € 66,603 in corporate taxes since 2022.

Best year ever: 2025, with € 65,688 profit.

On average € 123,000 of value added per employee in 2025.

Management

Christophe Pannecoucke
AHP

Behind AHP is Christophe Pannecoucke.

Directors

According to the 2025 annual accounts

Christophe Pannecoucke

Manager

since 1999

Establishments

Establishment units

Physical locations of this company

Registered office

't Lindeke 17a

8880 Ledegem

2.092.909.216

't Lindeke 17 box a

8880 Ledegem

Active since 21 March 2001

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0465.632.464
VAT number
BE 0465.632.464
Registered office
't Lindeke 17a, 8880 Ledegem
Names & denominations
AHP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
23 April 1999
Peppol
Active · Active since 30 Jan 2025
Activities · NACE

Vervaardiging van hydraulische en pneumatische apparatuur

Vervaardiging van pompen en compressoren

Frequently asked questions

What does AHP do?
AHP is a machinery manufacturer in Ledegem. Private Limited, started on 23 April 1999, 1 establishment.
What is the address of AHP?
The registered office of AHP is located at 't Lindeke 17a, 8880 Ledegem.
Is AHP still active?
Yes. According to the CBE (31 October 2026) AHP is active, legal situation “Normale toestand”, started on 23 April 1999.
Is AHP registered on Peppol?
Yes, AHP is registered on the Peppol network with ID 0208:0465632464.
What is the enterprise number of AHP?
The enterprise number of AHP is BE0465632464.
When was AHP founded?
AHP was founded on 23 April 1999.