ACTIVE

BESIX Infra

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Financial year 2025 · closed on 31/12/2025
Net result
5,6 M €
+0.6% YoY
Revenue
148,4 M €
+2.2% YoY
Equity
24,5 M €
-14.1% YoY
Workforce
322,8 ETP
+1.4% YoY

What does BESIX Infra do?

BESIX Infra is a Public limited company incorporated in 1969. Its main activity is: Construction of roads and motorways. Its registered office is in Schelle. It employs on average 322,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0406.922.918
Incorporation
03/12/1969
Legal form
Public limited company
Registered office
Steenwinkelstraat 640
2627 Schelle · FlandreSee on map
Contributed capital
4 817 828,20 €
Latest accounts
31/12/2025
Average workforce
322,8 ETP
Activities (NACE)
42110Construction of roads and motorways· main42110Construction of roads and motorways45230Maintenance and repair of motor vehicles
Joint committees (3)
  • 124
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201220112010200920082007
Income statement
Revenue148,4 M €145,2 M €136,3 M €117,8 M €103,5 M €102,2 M €102,8 M €98,8 M €85 M €78,5 M €73,3 M €74,5 M €96,1 M €82 M €85,4 M €86,8 M €97,8 M €100,1 M €
EBITDA9,6 M €9,9 M €6,5 M €-942,6 k €7,4 M €9,2 M €9,4 M €5,8 M €1,9 M €-599 k €3,6 M €6,5 M €10,1 M €4,2 M €3,1 M €3,2 M €4 M €2,9 M €
Operating result7,9 M €9 M €4,8 M €1 M €4 M €7,2 M €8 M €4,9 M €1,8 M €922,9 k €2,1 M €3,5 M €8,4 M €3,9 M €2,6 M €1,9 M €3,5 M €3,6 M €
Net result5,6 M €5,5 M €3,5 M €574,2 k €2,9 M €5,3 M €5,6 M €3,5 M €1,2 M €867,1 k €1,9 M €3,4 M €6 M €2,9 M €2,2 M €1,5 M €2,6 M €2 M €
Balance sheet
Equity24,5 M €28,6 M €23 M €21,2 M €20,9 M €21,9 M €16,6 M €16 M €15,6 M €17,3 M €26,7 M €24,8 M €20,5 M €14,5 M €18,8 M €17,5 M €16,7 M €15 M €
Total assets96,2 M €92,8 M €83,6 M €71,4 M €67,1 M €61,5 M €61,4 M €59,8 M €52,5 M €65 M €59,5 M €59 M €51 M €45 M €41,1 M €47,3 M €51,3 M €51,2 M €
Cash10,4 M €19,4 M €451,9 k €4,9 M €2,1 M €5 M €3,2 M €6,2 M €492,8 k €987,1 k €1,6 M €3,7 M €4 M €288,8 k €2,5 M €3,7 M €5 M €2,9 M €
Debts71,7 M €64,2 M €60,6 M €50,2 M €46,2 M €39,5 M €44,7 M €43,7 M €36,9 M €47,5 M €32,7 M €34,1 M €30,4 M €30,4 M €22,2 M €29,4 M €34,2 M €35,8 M €
Other
Workforce322,8 ETP318,3 ETP313,2 ETP309,5 ETP293,8 ETP289,5 ETP277,2 ETP273,6 ETP273,5 ETP279,4 ETP281,7 ETP296,4 ETP348,8 ETP345,1 ETP387,7 ETP373,9 ETP385,2 ETP392,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 37 ended

Active mandates

MANANGALI

Managing director · since 28 mai 2025 · until 26 mai 2027 · 1018.392.310

Represented by Bart Verhulst

Active
GACCO

Director · since 29 mai 2024 · until 26 mai 2027 · 0818.856.479

Represented by Geert Aelbrecht

Active
Bart Verhulst

Managing director · since 25 mai 2022 · until 28 mai 2025

Active
FOMA Consulting

Director · since 25 mai 2022 · until 26 mai 2027 · 0720.889.152

Represented by Annick Martin

Active
René Marnef

Director · since 25 mai 2022 · until 26 mai 2027

Active
Mark Beyst - Consultancy

Director · since 23 janvier 2020 · until 26 mai 2027 · 0502.422.485

Represented by Mark Beyst

Active
Jean Polet

Director · since 25 avril 2017 · until 26 mai 2027

Active

Ended mandates

BEVAFIN

Director · since 19 juin 2023 · until 29 mai 2024 · 0864.616.527

Represented by Johan Beerlandt

Ended
BEVAFIN

Director · since 19 juin 2023 · until 26 mai 2027 · 0864.616.527

Represented by Johan Beerlandt

Ended
Bart Verhulst

Managing director · since 25 mai 2022 · until 26 mai 2027

Ended
FOMA Consulting

Director · since 25 mai 2022 · until 26 mai 2027 · 0720.889.152

Represented by Annick Martin

Ended
At this address

Other companies at this address

CompanyCBE no.
BESIX INFRA SUPPORT● Active
0405.963.608
BESIX Infra - Van de Berg "Zwankendamme● Active
0773.680.413
BESIX Unitec● Active
0404.627.679
BEVER INFRA● Active
1008.745.956
Gravelco● Liquidation
0401.302.262
R4 Gent Onderhoud● Active
0550.508.751
SILVIUS ONDERHOUD● Active
0839.324.073
TM Bam Contractors - Besix Infra● Active
0784.221.343
TM BESIX Infra - FDP Cogels-Osylei● Active
1004.514.974
TM BESIX ISPS● Active
1013.551.416
TM BESIX Unitec-APK Area NE● Active
0789.576.832
TM BESIX Unitec-APK Area SE● Active
0789.573.466
TM BESIX Unitec - BESIX● Active
1012.956.449
TM BESIX Unitec - BESIX Connect Panda+● Active
0797.990.096
TM BESIX Unitec - T.R.T.C BONFOND - Haute Tension● Active
0790.859.509
TM BESIX Unitec - Vandezande● Active
0798.666.425
TM BESIX United Fiber● Active
1042.801.963
TM Bever● Active
1004.239.812
TM DCA Infra - Besix Infra – Hemiksem● Active
0791.967.485
TM Distribution Aerial Works● Active
1041.238.382
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
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 date23/06/202606/06/202528/06/202420/06/202324/06/202223/06/2021
General meeting27/05/202628/05/202529/05/202431/05/202325/05/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202623/06/2026DutchPDF
Full model31/12/202428/05/202506/06/2025DutchPDF
Full model31/12/202329/05/202428/06/2024DutchPDF
Full model31/12/202231/05/202320/06/2023DutchPDF
Full model31/12/202125/05/202224/06/2022DutchPDF
Full model31/12/202026/05/202123/06/2021DutchPDF
Full model31/12/201927/05/202026/06/2020DutchPDF
Full model31/12/201829/05/201924/06/2019DutchPDF
Full model31/12/201730/05/201822/06/2018DutchPDF
Full model31/12/201631/03/201724/04/2017DutchPDF
Full model31/12/201525/05/201608/06/2016DutchPDF
Full model31/12/201427/05/201522/06/2015DutchPDF
Full model31/12/201328/05/201418/06/2014DutchPDF
Full model31/12/201229/05/201324/06/2013DutchPDF
Full model31/12/201130/05/201219/06/2012DutchPDF
Full model31/12/201025/05/201127/06/2011DutchPDF
Full model31/12/200926/05/201023/06/2010DutchPDF
Full model31/12/200827/05/200901/07/2009DutchPDF
Full model31/12/200728/05/200803/07/2008DutchPDF
Full model31/12/200630/05/200702/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 37 ended

Active mandates

MANANGALI

Managing director · since 28 mai 2025 · until 26 mai 2027 · 1018.392.310

Represented by Bart Verhulst

Active
GACCO

Director · since 29 mai 2024 · until 26 mai 2027 · 0818.856.479

Represented by Geert Aelbrecht

Active
Bart Verhulst

Managing director · since 25 mai 2022 · until 28 mai 2025

Active
FOMA Consulting

Director · since 25 mai 2022 · until 26 mai 2027 · 0720.889.152

Represented by Annick Martin

Active
René Marnef

Director · since 25 mai 2022 · until 26 mai 2027

Active
Mark Beyst - Consultancy

Director · since 23 janvier 2020 · until 26 mai 2027 · 0502.422.485

Represented by Mark Beyst

Active
Jean Polet

Director · since 25 avril 2017 · until 26 mai 2027

Active

Ended mandates

BEVAFIN

Director · since 19 juin 2023 · until 29 mai 2024 · 0864.616.527

Represented by Johan Beerlandt

Ended
BEVAFIN

Director · since 19 juin 2023 · until 26 mai 2027 · 0864.616.527

Represented by Johan Beerlandt

Ended
Bart Verhulst

Managing director · since 25 mai 2022 · until 26 mai 2027

Ended
FOMA Consulting

Director · since 25 mai 2022 · until 26 mai 2027 · 0720.889.152

Represented by Annick Martin

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2025
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates19/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20255,6 M €↑
  2. 28/05/2025
    nominationManangali BV — bestuurder
  3. 2024
    Annual accounts 20245,5 M €↑
  4. 29/05/2024
    nominationGACCO BV — bestuurder
  5. 29/05/2024
    nominationDeloitte Bedrijfsrevisoren BV — commissaris
  6. 01/01/2024
    nominationDeloitte Bedrijfsrevisoren BV — commissaris
  7. 2023
    Annual accounts 20233,5 M €↑
  8. 31/05/2023
    nominationBevafin BV — bestuurder
  9. 2022
    Annual accounts 2022574,2 k €↓
  10. 25/05/2022
    nominationRené Marnef — bestuurder
  11. 25/05/2022
    nominationBart Verhulst — bestuurder
  12. 25/05/2022
    nominationFOMA Consulting bv — bestuurder
  13. 2021
    Annual accounts 20212,9 M €↓
  14. 2020
    Annual accounts 20205,3 M €↓
  15. 2019
    Annual accounts 20195,6 M €↑
  16. 2018
    Annual accounts 20183,5 M €↑
  17. 2017
    Annual accounts 20171,2 M €↑
  18. 2017
    Name changeBESIX Infra
  19. 2016
    Annual accounts 2016867,1 k €↓
  20. 2015
    Annual accounts 20151,9 M €↓
  21. 2014
    Annual accounts 20143,4 M €↓
  22. 2012
    Annual accounts 20126 M €↑
  23. 2011
    Annual accounts 20112,9 M €↑
  24. 2010
    Annual accounts 20102,2 M €↑
  25. 2009
    Annual accounts 20091,5 M €↓
  26. 2008
    Annual accounts 20082,6 M €↑
  27. 2007
    Annual accounts 20072 M €
  28. 2007
    Name changeHEIJMANS INFRA
  29. 03/12/1969
    IncorporationPublic limited company