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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APOVSK from Kortrijk, company number BE0704738553, closed financial year 2025 with a result of € 159,672 after tax. For that financial year APOVSK recorded a gross margin of € 238,658 and equity of € 322,109. Compared with financial year 2024, the result moved from € 166,729 to € 159,672. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 322,109
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 159,672
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 13,462
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 159,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 39,894
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 750,000
Loans from banks and other lenders, long and short.
€ 426
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,617
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,403 | € 201,764 | € 245,612 | € 238,658 | ▼ 3% |
| Profit after taxes | € 72,151 | € 132,868 | € 166,729 | € 159,672 | ▼ 4% |
| Equity | € 188,441 | € 320,709 | € 321,438 | € 322,109 | |
| Total debts | € 2,135,281 | € 1,988,554 | € 1,999,838 | € 1,934,890 | ▼ 3% |
| Cash | € 56,954 | € 30,385 | € 60,492 | € 13,462 | ▼ 78% |
| Retained profit | € 176,041 | € 302,109 | € 302,838 | € 303,509 | |
| Dividend | € 800 | € 6,800 | € 166,000 | € 159,000 | ▼ 4% |
| Bank debt | € 750,000 | € 750,000 | € 750,000 | € 750,000 | |
| Balance sheet total | € 2,323,722 | € 2,309,263 | € 2,321,275 | € 2,256,999 | ▼ 3% |
Key figures of APOVSK, 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 January 2027.
What happened to APOVSK?
What happened at APOVSK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 159,672 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Margaux Vansteenkiste became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,151 profit in 2022 to € 159,672 profit in 2025.
Paid € 183,864 in corporate taxes since 2022.
Best year ever: 2024, with € 166,729 profit.
Paid out € 332,600 in dividends to the owners in total.
A new publication or filing at APOVSK? We notify you, reason included.
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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
Behind APOVSK is Margaux Vansteenkiste. It owns 100% of Mabex itself.
Directors
According to the 2025 annual accounts
Margaux Vansteenkiste
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Koning Leopold III-laan(Kor) 39
8500 Kortrijk
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
- 0704.738.553
- VAT number
- BE 0704.738.553
- Registered office
- Koning Leopold III-laan(Kor) 39, 8500 Kortrijk
- Names & denominations
- APOVSK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2018
- Peppol
- Active · Active since 31 Oct 2025
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