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APM Construct

Active Private limited companyfounded 2005active for 21 yearsLuchthavenlei 7B, 2100 AntwerpKBO/BCE: BE 0876.579.793
APM Construct
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 08-09-2026, 39 days late
€303,762
▲ 30.3%
€116,032
▲ 125%
€69,222
▼ 40.7%
-€35,198
▲ €60,010
-42.9%
▲ 24.9 percentage points
0.90
▲ 0.15

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €780,000. Estimated: probably between €660,000 and €990,000.

Balance sheet

balance sheet total €326,451 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-42.9%

Lower than 95% of 9,967 companies in 2025.

0.90

Higher than 15% of 9,830 companies in 2025.

21.2%

Higher than 87% of 9,899 companies in 2025.

APM Construct Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half

Staff

€44,035

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 326,451308,483274,798426,765541,717498,434367,198338,440246,740336,110281,241298,988240,189203,853233,037186,741217,106174,841208,472173,867
21/28 15,07220,86031,46520,75127,6737,2494,8976,4749,4803,5912896671,9313,6256,76313,84426,01457,47575,61559,700
22/27 13,88719,67530,28019,56626,4896,0643,7125,2899,4803,5912896671,9313,6256,76313,84426,01457,47575,61559,700
23 -4621,9233,3864,8493,929------1004481,7553,0614,7656,5124,8492,473
24 13,88719,21328,35716,18021,6402,1363,7125,2899,4803,5912896671,8313,1775,00810,78221,24950,96470,76657,226
28 1,1851,1851,1851,1851,1851,1851,1851,185------------
29/58 311,379287,623243,334406,014514,044491,185362,301331,966237,260332,519280,952298,320238,257200,228226,274172,897191,092117,366132,857114,168
29 50,54850,54853,79455,36763,81363,72843,39223,393------------
290 50,54850,54853,79455,36763,81363,72843,39223,393------------
3 --26,350149,950144,400123,75024,00012,5006,000------7,344-16,445--
30/36 --26,35069,95064,40043,75024,00012,500------------
37 ---80,00080,00080,000--6,000------7,344-16,445--
40/41 260,832237,075163,190144,353227,809252,257279,970193,075172,341257,892215,818243,221183,305198,896177,726156,130140,16074,762110,14087,743
40 123,680172,93199,12074,558162,764161,114216,863142,020141,794242,169156,048225,344174,465152,403116,553108,276116,29051,010103,58458,964
41 137,15264,14464,07069,79565,04591,14363,10751,05530,54815,72359,77117,8788,84046,49361,17347,85423,87123,7516,55628,779
54/58 ---56,34578,02151,45014,939102,99958,91874,62765,13455,09954,9521,33248,5489,42450,93226,15921,94926,425
490/1 ------------------769-
Balance sheet: equity and liabilities
10/49 326,451308,483274,798426,765541,717498,434367,198338,440246,740336,110281,241298,988240,189203,853233,037186,741217,106174,841208,472173,867
10/15 -139,886-209,109-325,902-30,580101,94095,22069,18155,53747,24047,23339,52636,84026,93325,85218,40816,07616,92218,58418,45521,187
10/11 14,25514,25514,25514,25514,25514,25512,40012,40012,40012,40012,40012,30012,30012,30012,30012,30012,30012,30012,30015,300
100 ------18,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,550
101 ------6,1506,1506,1506,1506,1506,2506,2506,2506,2506,2506,2506,2506,2503,250
13 96,52796,527--87,68580,96556,78143,13734,84034,83326,85524,35514,3551,8551,8551,8551,8551,8551,8551,855
130 ------1,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,855
132 96,52796,527------------------
133 ----87,68580,96554,92641,28232,98532,97825,00022,50012,500-------
14 -250,668-319,891-340,157-44,835------27118527811,6974,2531,9212,7674,4294,3004,032
17/49 466,337517,591600,701457,345439,777403,214298,017282,903199,501288,877241,714262,147213,256178,001214,629170,665200,185156,257190,017152,680
17 119,761134,761195,14297,355152,95253,64066,011-979----2,0222,0226,81421,71636,31642,56943,014
170/4 119,761134,761195,14297,355152,95253,64066,011-979----2,0222,0226,81421,71636,31642,56943,014
42/48 346,577382,830405,559359,990286,825349,574232,006282,903198,521288,877241,714262,147213,256175,980212,607163,851178,469119,941147,448107,007
42 --25,603239,431100,46474,13925,6899792,887-----4,79214,53214,60017,73018,38411,927
43 146,67590,52194,80797,664100,000100,000100,000175,000100,000100,000100,000125,00042,00042,00042,00030,00030,000---
430/8 86,50290,52194,80797,664100,000100,000100,000175,000100,000100,000100,000125,00042,00042,00042,00030,00030,000---
439 60,173-------------------
44 140,170166,757169,678-66,438145,66282,23477,58268,943169,789111,955118,216114,49130,64395,24175,06281,83394,68873,28256,126
440/4 140,170166,757169,678-66,438145,66282,23477,58268,943169,789111,955118,216114,49130,64395,24175,06281,83394,68873,28256,126
45 59,73227,26122,47716,00619,92329,77324,08429,34226,05119,08819,75918,93121,76518,33710,57413,25710,5367,5237,9254,663
450/3 29,981-3,141-2,83510,3868,49312,88010,7135,9978,8638,0196,9985,3943,6334,8561,9391,0892,4074,663
454/9 29,75227,26119,33616,00617,08819,38715,59116,46215,33813,09110,89710,91214,76712,9436,9418,4018,5976,4345,517-
47/48 -98,29192,9946,889----640-10,000-35,00085,00060,00031,00041,500-47,85734,291
492/3 -------------------2,660
Income statement
76A ------------------1,729-
9900 303,762233,214-85,73193,784152,470140,403105,964118,81684,95482,60790,40886,853120,052210,584194,724258,897302,458299,306246,69271,464
62 176,141165,728164,988145,708126,32591,34270,28361,32459,62658,97859,32662,48776,13692,138114,598204,340222,296249,260150,070-
630 8,98112,22512,0867,8843,5331,9821,5771,2975,9233,8803781,2641,6945,8247,52814,53019,70529,56335,21026,304
631/4 -----------------321,102-
640/8 2,6083,6962,99010,9865,5633,2133,4498,8806,3231,8386,2072,7831,8863,1153,6303,86913,83410,6234,9066,239
9901 116,03251,564-265,795-70,79317,04943,86630,65647,31613,08217,91224,49720,32040,337109,50768,96736,15746,6239,82755,40338,922
75/76B 37498,0501752,308406,6821631,062-2,1769642771212518212465
75 37498,0501752,308406,6821631,062-2,1769642771212518212465
65/66B 47,18416,72234,83863,77413,17715,95511,35933,3487,7196,3849,5404,0012,63411,7443,0143,3174,6783,9017,0511,427
65 47,18416,72234,83863,77413,17715,95511,35933,3487,7196,3849,5404,0012,63411,7443,0143,3174,6783,9017,0511,427
9903 69,222132,892-300,458-132,2593,91234,59419,46015,0305,36313,70415,05316,32337,70597,84065,96532,85241,9966,00950,20537,560
67/77 -16,098-5,135261-2,8088,5545,8166,7324,7165,9972,4676,4151,6235,3973,6332,6982,1585,8804,9364,673
9904 69,222116,794-295,323-132,5206,72026,03913,6448,2976477,70712,5869,90736,08192,44462,33230,15439,83812845,26832,887
689 -96,527------------------
9905 69,22220,267-295,323-132,5206,72026,03913,6448,2976477,70712,5869,90736,08192,44462,33230,15439,83812845,26832,887
Appropriation of the result
9906 -250,668-319,891-340,157-132,5206,72026,03913,6448,2976477,97812,77110,18547,77896,69764,25332,92144,2674,42949,30032,887
14P -319,891-340,157-44,835-----------------
791/2 ---87,685----------------
691/2 ----6,72026,03913,6448,29777,9782,50010,00012,500------1,855
6920 -------------------1,855
6921 ----6,72026,03913,6448,29777,9782,50010,00012,500-------
694/7 --------640-10,000-35,00085,00060,00031,00041,500-45,00027,000
694 --------640-----------
695 ----------10,000-35,00085,00060,00031,00041,500-45,00027,000
Social balance sheet
9087 43.932.62.42.11.311111.11.51.72.144.85.34.1-
Hours worked1013 4,9685,2724,6004,4134,1783,2252,3031,7761,7681,8081,7841,9602,6683,1883,6247,1127,7649,3205,606-
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The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 08-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 39 days after the deadline. Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508568.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 08-09-2026 2026-00508568 PDF
31-12-2024 abbreviated format 18-07-2025 2025-00286612 PDF
31-12-2023 abbreviated format 23-07-2024 2024-00274507 PDF
31-12-2022 abbreviated format 14-07-2023 2023-00237025 PDF
31-12-2021 abbreviated format 29-08-2022 2022-20421906 PDF
31-12-2020 abbreviated format 21-06-2021 2021-21900082 PDF
31-12-2019 abbreviated format 31-03-2020 2020-08100169 PDF
31-12-2018 micro format 17-06-2019 2019-18500491 PDF
31-12-2017 abbreviated format 22-06-2018 2018-21500134 PDF
31-12-2016 abbreviated format 31-08-2017 2017-52400533 PDF
31-12-2015 abbreviated format 01-06-2016 2016-14100385 PDF
31-12-2014 abbreviated format 31-08-2015 2015-54300333 PDF
31-12-2013 abbreviated format 22-07-2014 2014-32000514 PDF
31-12-2012 abbreviated format 30-08-2013 2013-53900288 PDF
31-12-2011 abbreviated format 23-08-2012 2012-43200066 PDF
31-12-2010 abbreviated format 28-07-2011 2011-35200090 PDF
31-12-2009 abbreviated format 31-08-2010 2010-49600141 PDF
31-12-2008 abbreviated format 28-08-2009 2009-70300016 PDF
31-12-2007 abbreviated format 29-08-2008 2008-70800284 PDF
31-12-2006 abbreviated format 16-07-2007 2007-39900014 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
125,01363,789-253,709-62,90920,58345,84832,23348,61319,00521,79224,87521,58442,031115,33176,49550,68766,32839,39090,61365,225
78,203129,019-283,237-124,63610,25428,02115,2219,5946,56911,58712,96511,17137,77598,26869,86044,68459,54229,69280,47959,191
3,1932,58122,80096125,2534,33302,58511,8127,1830002,6864472,3602,14720,65251,12686,003
----21,67726,57136,511-88,06044,080-15,7099,49310,03514753,620-47,21539,124-41,50824,7734,211-4,477-
-35,198-95,207-162,22546,025227,219141,611130,29549,06338,73843,64239,23836,17325,00124,24913,6679,04612,624-2,575-14,5907,161
-42.9%-67.8%-118.6%-7.2%18.8%19.1%18.8%16.4%19.1%14.1%14.1%12.3%11.2%12.7%7.9%8.6%7.8%10.6%8.9%12.2%
0.900.750.601.131.791.411.561.171.201.151.161.141.121.141.061.061.070.980.901.07
0.900.750.540.711.291.051.461.131.161.151.161.141.121.141.061.011.070.840.901.07
----4.314.234.315.094.226.126.127.127.926.8911.6610.6211.838.4110.307.21
----6.6%27.3%19.7%14.9%1.4%16.3%31.8%26.9%134.0%357.6%338.6%187.6%235.4%0.7%245.3%155.2%
21.2%37.9%-107.5%-31.1%1.2%5.2%3.7%2.5%0.3%2.3%4.5%3.3%15.0%45.3%26.7%16.1%18.3%0.1%21.7%18.9%
2.653.81-7.28-0.991.56---------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date44333
full-time44332
part-time----1
in full-time equivalents44332.4
43.932.62.4
On a permanent contract44333
Joined-1---
Left-0---

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€3,193€2,581€22,800€961€25,253
€8,981€12,225€12,086€7,884€3,533

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on APM Construct

The operating result for 2025 is 125% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Equity is negative. Debt (€466,337) exceeds the balance-sheet total (€326,451).

Next steps

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