ACTIVE

BESIX Group

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Financial year 2025 · Closed on 31/12/2025

Net result28,7 k €+100,3 %over 1 year
Revenue9,3 M €-49,7 %over 1 year
Equity152,7 M €-11,6 %over 1 year
Workforce26,0 ETP+9,7 %over 1 year

Identity

Source · BCE/KBO

BESIX Group is a Public limited company incorporated in 1909. Its main activity is: Activities of holding companies. Its registered office is in Woluwe-Saint-Lambert. It employs on average 26,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.459.154
Incorporation
13/01/1909
Legal form
Public limited company
Registered office
Avenue des Communautés 100
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
32 000 000,00 €
Latest accounts
31/12/2025
Average workforce
26,0 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitablePositive cashflowHigh revenue

Financials

Source · NBB, 166 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue9,3 M €18,4 M €14,3 M €11,3 M €12,9 M €
EBITDA-6 M €1,8 M €131,4 k €1,9 M €-9,4 M €
Operating result-6,6 M €1,1 M €-556,4 k €1,2 M €-10,9 M €
Net result28,7 k €-11,1 M €2,2 M €75 M €40,9 M €
Balance sheet
Equity152,7 M €172,7 M €203,8 M €211,7 M €156,7 M €
Total assets599 M €521,7 M €539,1 M €509,5 M €550,2 M €
Cash348,7 k €1,4 M €5,9 M €1 M €1,3 M €
Debts444,9 M €347,7 M €334,5 M €297,4 M €392,9 M €
Other
Workforce26,0 ETP23,7 ETP16,2 ETP15,4 ETP16,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 23 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hassan Badrawi
Director16/09/2025 → 12/06/2026
LEMMA0864.952.067Represented by Jozef Lembrechts
Director17/09/2024 → 09/06/2028
Beta Aquarii SARepresented by Etienne Schneider
Director12/06/2020 → 12/06/2026
Suntharesan Padmanathan
Director09/06/2017 → 12/06/2026
Mehawed Ihab
Director14/06/2019 → 09/06/2028
Wouter De Geest
Director08/06/2018 → 11/06/2027
MPH INVEST0881.139.090Represented by Philippe Quoilin
Director11/06/2010 → 09/06/2028
BEVAFIN0864.616.527Represented by Johan Beerlandt
Vice-chairman of the board of directors01/01/2005 → 09/06/2028Chairman of the board of directors11/06/2010 → 2016 accountsended
Bishai Osama
Director11/06/2010 → 09/06/2028
Jérome Guiraud
Director11/06/2010 → 16/09/2025Vice-chairman of the board of directors11/06/2010 → 2016 accountsended
Philippe Vlerick
Chairman of the board of directors11/06/2004 → 09/06/2028Director11/06/2004 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ARTHEPA0874.377.103Represented by Frédéric de Schrevel
Director09/06/2023 → 14/06/2024
AUDYMATT0673.650.053Represented by Rik Vandenberghe
Director09/06/2017 → 2021 accounts
Beta Aquarii NVRepresented by Etienne Schneider
Director12/06/2020 → 2022 accounts

Other companies at this address

Avenue des Communautés 100 1200 Woluwe-Saint-Lambert
CompanyCBE no.
ASSM BESIX - WUST● Active
0827.553.322
association besix -cmc jv |● Active
0846.127.436
Association momentannée Kattendijk● Active
0503.811.466
B&B Development● Active
0632.558.873
B&B Properties● Active
0599.941.436
BESIX - EJD● Active
0550.379.681
BESIX/EJD - PROJET RSCA● Active
0846.309.756
BESIX Environment● Active
0439.714.163
BESIX FOUNDATION● Active
0809.352.162
Besix - Galère "Viaduc de Huccorgne"● Active
0729.807.511
BESIX GREEN 1● Active
1021.828.682
BESIX Real Estate Development● Active
0435.351.341
BESIX Real Estate Development Properties● Active
0448.788.613
BRAVO-4 MTC● Active
1009.030.127
BRAVO4 SPV● Active
1008.084.772
Caisse de Prevoyance en Faveur du Personnel du Groupe 6 Construct● Liquidation
0409.084.929
CIVIL 2020● Active
0696.820.482
CIVIL TUNNEL assoc. mom.● Active
0728.498.011
CLEAN TECH INVESTMENTS● Active
0508.811.718
Dok Noord Holding● Active
0719.490.174

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202601/07/202504/07/202403/07/202320/07/202207/07/2021
General meeting16/06/202613/06/202514/06/202409/06/202310/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 166 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202630/06/2026FrenchPDF
Full model31/12/202516/06/202630/06/2026DutchPDF
Full model31/12/202413/06/202501/07/2025DutchPDF
Full model31/12/202413/06/202501/07/2025FrenchPDF
Consolidated accounts31/12/202413/06/202507/07/2025DutchPDF
Consolidated accounts31/12/202413/06/202507/07/2025FrenchPDF
Full model31/12/202314/06/202404/07/2024DutchPDF
Full model31/12/202314/06/202404/07/2024FrenchPDF
Consolidated accounts31/12/202314/06/202408/07/2024FrenchPDF
Consolidated accounts31/12/202314/06/202408/07/2024DutchPDF
Full model31/12/202209/06/202303/07/2023FrenchPDF
Full model31/12/202209/06/202303/07/2023DutchPDF
Consolidated accounts31/12/202209/06/202307/07/2023FrenchPDF
Consolidated accounts31/12/202209/06/202307/07/2023DutchPDF
Full model31/12/202110/06/202220/07/2022FrenchPDF
Full model31/12/202110/06/202220/07/2022DutchPDF
Consolidated accounts31/12/2021—16/08/2022FrenchPDF
Consolidated accounts31/12/2021—16/08/2022DutchPDF
Full model31/12/202011/06/202101/07/2021FrenchPDF
Consolidated accounts31/12/202012/06/202107/07/2021DutchPDF
Consolidated accounts31/12/202011/06/202107/07/2021FrenchPDF
Full model31/12/201912/06/202009/07/2020FrenchPDF
Full model31/12/201912/06/202009/07/2020DutchPDF
Consolidated accounts31/12/201912/06/202009/07/2020DutchPDF

View all 166 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 23 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hassan Badrawi
Director16/09/2025 → 12/06/2026
LEMMA0864.952.067Represented by Jozef Lembrechts
Director17/09/2024 → 09/06/2028
Beta Aquarii SARepresented by Etienne Schneider
Director12/06/2020 → 12/06/2026
Suntharesan Padmanathan
Director09/06/2017 → 12/06/2026
Mehawed Ihab
Director14/06/2019 → 09/06/2028
Wouter De Geest
Director08/06/2018 → 11/06/2027
MPH INVEST0881.139.090Represented by Philippe Quoilin
Director11/06/2010 → 09/06/2028
BEVAFIN0864.616.527Represented by Johan Beerlandt
Vice-chairman of the board of directors01/01/2005 → 09/06/2028Chairman of the board of directors11/06/2010 → 2016 accountsended
Bishai Osama
Director11/06/2010 → 09/06/2028
Jérome Guiraud
Director11/06/2010 → 16/09/2025Vice-chairman of the board of directors11/06/2010 → 2016 accountsended
Philippe Vlerick
Chairman of the board of directors11/06/2004 → 09/06/2028Director11/06/2004 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ARTHEPA0874.377.103Represented by Frédéric de Schrevel
Director09/06/2023 → 14/06/2024
AUDYMATT0673.650.053Represented by Rik Vandenberghe
Director09/06/2017 → 2021 accounts
Beta Aquarii NVRepresented by Etienne Schneider
Director12/06/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/10/2026
    Statutaire benoemingen
    PDF
  • Mandates29/10/2026
    Nominations statutaires '
    PDF
  • Mandates07/09/2026
    Statutaire benoemingen
    PDF
  • Mandates07/09/2026
    Nominations statutaires
    PDF
  • Mandates19/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other31/12/2025
    DIVERSEN
    PDF
  • Other31/12/2025
    DIVERS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1909
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Hassan Badrawi
LEMMA
Beta Aquarii SA
Mehawed Ihab
Wouter De Geest
Suntharesan Padmanathan
MPH INVEST
Jérome Guiraud
Bishai Osama
BEVAFIN
Philippe Vlerick
ARTHEPA
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
BESIX Group
Avenue des Communautés 100, 1200 Woluwe-Saint-Lambert
Director
Director
Director
Director
Director
Director
DirectorVice-chairman of the board of directors
Director
Vice-chairman of the board of directorsChairman of the board of directors
Chairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue des Communautés 100, 1200 Woluwe-Saint-LambertCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00234589

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BESIX GroupCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00234589

Events

  1. 2025
    Annual accounts 202528,7 k €↑
  2. 16/09/2025
    nominationHassan Badrawi · administrateur
  3. 16/09/2025
    nominationHassan Badrawi · raad van bestuur
  4. 16/09/2025
    nominationHassan Badrawi · bestuurder
  5. 13/06/2025
    reconductionJohan Beerlandt · administrateur A
  6. 13/06/2025
    reconductionPhilippe Quoilin · administrateur A
  7. 13/06/2025
    reconductionOsama Bishai · administrateur B
  8. 13/06/2025
    reconductionJérôme Guiraud · administrateur B
  9. 13/06/2025
    reconductionihab Mehawed · administrateur B
  10. 13/06/2025
    reconductionPhilippe Vlerick · administrateur indépendant
  11. 13/06/2025
    reconductionJohan Beerlandt · bestuurder A (vertegenwoordiger van Bevafin SRL)
  12. 13/06/2025
    reconductionPhilippe Quoilin · bestuurder A (vertegenwoordiger van MPH Invest SRL)
  13. 13/06/2025
    reconductionOsama Bishai · bestuurder B
  14. 13/06/2025
    reconductionJérôme Guiraud · bestuurder B
  15. 13/06/2025
    reconductionIhab Mehawed · bestuurder B
  16. 13/06/2025
    reconductionPhilippe Vlerick · onafhankelijk bestuurder
  17. 2024
    Annual accounts 2024-11,1 M €↓
  18. 17/09/2024
    nominationJozef Lembrechts · administrateur A
  19. 17/09/2024
    nominationLemma BV · administrateur
  20. 17/09/2024
    nominationLEMMA BV · bestuurder
  21. 14/06/2024
    reconductionWouter De Geest · onafhankelijk bestuurder
  22. 14/06/2024
    nominationBen Vandeweyer · commissaris
  23. 14/06/2024
    reconductionWouter De Geest · administrateur indépendant
  24. 14/06/2024
    nominationDeloitte Réviseurs d'Entreprises SRL · commissaire
  25. 2023
    Annual accounts 20232,2 M €↓
  26. 09/06/2023
    reconductionBeta Aquaril NV · bestuurder
  27. 09/06/2023
    reconductionSuntharesan Padmanathan · onafhankelijk bestuurder
  28. 09/06/2023
    nominationArthepa BV · bestuurder van Categorie A
  29. 09/06/2023
    reconductionBeta Aquarii SA · administrateur indépendant
  30. 09/06/2023
    reconductionSuntharesan Padmanathan · administrateur indépendant
  31. 09/06/2023
    nominationArthepa SRL · Administrateur de la catégorie A
  32. 2022
    Annual accounts 202275 M €↑
  33. 08/11/2022
    nominationSébastien Schueremans · vertegenwoordiger van de Commissaris
  34. 08/11/2022
    nominationSébastien Schueremans · représentant permanent du Commissaire
  35. 10/06/2022
    reconductionJohan Beerlandt · Voorzitter van de Raad van Bestuur
  36. 10/06/2022
    reconductionPhilippe Quoilin · bestuurder
  37. 10/06/2022
    reconductionOsama Bishai · bestuurder
  38. 10/06/2022
    reconductionJérôme Guiraud · bestuurder
  39. 10/06/2022
    reconductionIhab Mehawed · bestuurder
  40. 10/06/2022
    reconductionBaron Philippe Vlerick · onafhankelijk bestuurder
  41. 2021
    Annual accounts 202140,9 M €↑
  42. 2020
    Annual accounts 20203,7 M €↓
  43. 10/06/2020
    reconductionJohan Beerlandt · représentant permanent de Bevafin SRL (Administrateur)
  44. 10/06/2020
    reconductionPhilippe Quoilin · représentant permanent de Philippe Quoilin SRL (Administrateur)
  45. 10/06/2020
    reconductionOsama Bishai · Administrateur
  46. 10/06/2020
    reconductionJérôme Guiraud · Administrateur
  47. 10/06/2020
    reconductionIhab Mehawed · Administrateur
  48. 10/06/2020
    reconductionBaron Philippe Vlerick · administrateur indépendant
  49. 2019
    Annual accounts 201933,3 M €↓
  50. 2018
    Annual accounts 2018108,9 M €↑
  51. 2017
    Annual accounts 20177,7 M €↑
  52. 2016
    Annual accounts 20162,9 M €↓
  53. 2015
    Annual accounts 201526 M €↑
  54. 2014
    Annual accounts 201412,3 M €↓
  55. 2013
    Annual accounts 201343,2 M €↓
  56. 2012
    Annual accounts 201276,2 M €↑
  57. 2011
    Annual accounts 201169,5 M €↑
  58. 2010
    Annual accounts 201033,2 M €↓
  59. 2009
    Annual accounts 200969,8 M €↑
  60. 2008
    Annual accounts 200822 M €↑
  61. 2007
    Annual accounts 200716,1 M €
  62. 13/01/1909
    IncorporationPublic limited company