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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APG CONSTRUCT from Oud-Turnhout, company number BE0674714578, closed financial year 2025 with a result of € -90,072 after tax. For that financial year APG CONSTRUCT recorded a gross margin of € 35,609 and equity of € -120,164. Compared with financial year 2024, the result moved from € -364,715 to € -90,072. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ -120,164
▼ € 90,072 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,072
▲ 75 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,013
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -220,164.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,555
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 615
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,929
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 139,099 | € 156,706 | € -328,648 | € 35,609 | ▲ € 364,258 |
| Profit after taxes | € 70,963 | € 79,291 | € -364,715 | € -90,072 | ▲ € 274,644 |
| Equity | € 255,332 | € 334,623 | € -30,092 | € -120,164 | ▼ € 90,072 |
| Total debts | € 1,071,374 | € 987,390 | € 325,020 | € 335,774 | ▲ 3% |
| Cash | € 153,172 | € 3,625 | € 8,244 | € 9,013 | ▲ 9% |
| Retained profit | € 155,332 | € 234,623 | € -130,092 | € -220,164 | ▼ € 90,072 |
| Balance sheet total | € 1,326,706 | € 1,322,013 | € 294,927 | € 215,610 | ▼ 27% |
Key figures of APG CONSTRUCT, 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 APG CONSTRUCT?
What happened at APG CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,072. Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,963 profit in 2022 to € 90,072 loss in 2025.
Paid € 54,082 in corporate taxes since 2022.
Best year ever: 2023, with € 79,291 profit.
Management
The stake of ADVIES- EN PROJECTENBUREAU GOVERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APG CONSTRUCTBehind APG CONSTRUCT is Stefan Govers. The shares are held by ADVIES- EN PROJECTENBUREAU GOVERS (100%).
Directors
According to the 2025 annual accounts
Stefan Govers
Director
Also active at: ADVIES- EN PROJECTENBUREAU GOVERS, Antwerp Engineering Company, GOVERS BEHEER, LOTTA, TURBO TERRA TRUCK, SCHIETBOOG, TURGRO
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwe Staatsbaan 69
2360 Oud-Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.714.578
- VAT number
- BE 0674.714.578
- Registered office
- Nieuwe Staatsbaan 69, 2360 Oud-Turnhout
- Names & denominations
- APG CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2017
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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