Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FH APK & Q from Pelt, company number BE0740671214, closed financial year 2025 with a result of € -170,907 after tax. For that financial year FH APK & Q recorded a gross margin of € 29,749 and equity of € -742,159. Compared with financial year 2024, the result moved from € -215,292 to € -170,907. 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 December 18, 2025.
€ -742,159
▼ € 170,907 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,907
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 347
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -762,159.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 24,590
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,575
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 | € 32,927 | € 37,314 | € 29,915 | € 29,749 | ▼ 1% |
| Profit after taxes | € -149,673 | € -224,283 | € -215,292 | € -170,907 | ▲ € 44,385 |
| Equity | € -131,676 | € -355,959 | € -571,252 | € -742,159 | ▼ € 170,907 |
| Total debts | € 49,508,791 | € 49,695,150 | € 49,898,488 | € 50,069,077 | |
| Cash | € 64 | € 909 | € 665 | € 347 | ▼ 48% |
| Retained profit | € -151,676 | € -375,959 | € -591,252 | € -762,159 | ▼ € 170,907 |
| Balance sheet total | € 49,377,115 | € 49,339,190 | € 49,327,236 | € 49,326,918 |
Key figures of FH APK & Q, 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 FH APK & Q?
What happened at FH APK & Q in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bram Kerkhofs stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 170,907. Source: NBB ↗
- Bram Kerkhofs became a director. NBB
- New establishment in Pelt. KBO
- Caroline Michotte became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 149,673 loss in 2022 to € 170,907 loss in 2025.
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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 FH APK & Q is Caroline Michotte. The shares are held by Stef Kerkhofs (27%), Bram Kerkhofs (27%), Ward Kerkhofs (27%) and Caroline Michotte (19%). It owns 45% of Q Jobs @ Construct, 45% of APK Holding and 41.5% of MH APK & Q itself.
Directors
According to the 2025 annual accounts
since 2020
Bram Kerkhofs
Director
Owns 27% directly
since 2024 · until 2030
Shareholders
Stef Kerkhofs
27%
Bram Kerkhofs · director
27%
Ward Kerkhofs
27%
Caroline Michotte · director
19%
Participations
Establishments
Establishment units
Physical locations of this company
Haltstraat 50
3900 Pelt
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
€ 25.3 million revenue · 2025
APK infra
€ 164.9 million revenue · 2025
VERGA
€ 24,027 gross margin · 2025
Q MACHINERY
€ 32.8 million revenue · 2025
VERFAILLIE - LEROY EN C°
€ 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HOASTED, NL
Domain
Domain
apkgroup.eu
Registrar
Loopia Group AB
Website info
Features
Security
Details
- Company number
- 0740.671.214
- VAT number
- BE 0740.671.214
- Registered office
- Haltstraat 50, 3900 Pelt
- Names & denominations
- FH APK & Q
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 2020
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- apkgroup.eu
- Activities · NACE
Activiteiten van holdings
Holdings