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 4 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 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
APEX from Genk, company number BE0770467337, closed financial year 2025 with a result of € -13,484 after tax. For that financial year APEX recorded a gross margin of € 9,443 and equity of € -34,761. Compared with financial year 2024, the result moved from € -12,039 to € -13,484. 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 15, 2026.
€ -34,761
▼ € 13,484 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,484
▼ 12 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,395
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,261.
Debts at end 2025
€ 226,020
▼ 5% vs 2024
€ 13,288 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,075 | € -2,642 | € 10,559 | € 9,443 | ▼ 11% |
| Profit after taxes | € -11,548 | € -4,191 | € -12,039 | € -13,484 | ▼ € 1,445 |
| Equity | € -5,048 | € -9,239 | € -21,278 | € -34,761 | ▼ € 13,484 |
| Total debts | € 37,791 | € 402,256 | € 421,424 | € 408,562 | ▼ 3% |
| Cash | € 904 | € 541 | € 18,679 | € 3,395 | ▼ 82% |
| Land & buildings | - | € 392,164 | € 381,112 | € 370,061 | ▼ 3% |
| Retained profit | € -11,548 | € -15,739 | € -27,778 | € -41,261 | ▼ € 13,484 |
| Bank debt | € 23,133 | € 250,000 | € 238,769 | € 226,020 | ▼ 5% |
| Balance sheet total | € 32,744 | € 393,017 | € 400,146 | € 373,801 | ▼ 7% |
Key figures of APEX, 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 APEX?
What happened at APEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,484. Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,548 loss in 2022 to € 13,484 loss in 2025.
Management
The stake of Amotek Technologies comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APEXBehind APEX are Niels Vrancken and Wesley Vanzeir. The shares are held by Amotek Technologies (25%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schurfstraat 77
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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€ 451,187 gross margin · 2025
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€ 197,984 gross margin · 2025
LE.CON same network
€ 83,504 gross margin · 2025
+1 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
- 0770.467.337
- VAT number
- BE 0770.467.337
- Registered office
- Schurfstraat 77, 3600 Genk
- Names & denominations
- APEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2021
- Peppol
- Not registered