ACTIVE

N.V. BESIX S.A.

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Financial year 2025 · closed on 31/12/2025
Net result
-29,9 M €
-29840.0% YoY
Revenue
1,2 Md €
+22.3% YoY
Equity
258,7 M €
-16.3% YoY
Workforce
808,8 ETP
+7.8% YoY

What does N.V. BESIX S.A. do?

N.V. BESIX S.A. is a Public limited company incorporated in 1973. Its main activity is: Construction of buildings. Its registered office is in Woluwe-Saint-Lambert. It employs on average 808,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0413.630.071
Incorporation
03/12/1973
Legal form
Public limited company
Registered office
Avenue des Communautés 100
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
34 706 000,00 €
Latest accounts
31/12/2025
Average workforce
808,8 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings45212Maintenance and repair of motor vehicles
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202320222021202020192018201720162015201420132011201020092008
Income statement
Revenue1,2 Md €943,3 M €914,8 M €929,9 M €868 M €782,9 M €817,7 M €798,7 M €914,4 M €710,3 M €660,2 M €810,7 M €585,9 M €603,8 M €694,1 M €819,4 M €
EBITDA1,6 M €-12,5 M €18,6 M €-45,5 M €-9,4 M €-7,7 M €-34,4 M €38,8 M €42,8 M €-33,4 M €-37,5 M €24,5 M €19,2 M €65,8 M €35,1 M €27,3 M €
Operating result-32,1 M €-14,5 M €-9,3 M €-40 M €-13,7 M €-13,9 M €-41,8 M €30,3 M €29,8 M €-44,5 M €-35,1 M €20,5 M €8,5 M €33,1 M €19,6 M €17,9 M €
Net result-29,9 M €100,4 k €31,3 M €-19,2 M €-371,6 k €34 M €11,5 M €89,8 M €61,3 M €-22,4 M €19,2 M €69,7 M €82,8 M €85,1 M €51,4 M €38,8 M €
Balance sheet
Equity258,7 M €309,2 M €309,1 M €325,2 M €394,5 M €394,9 M €360,9 M €349,4 M €259,5 M €198,2 M €220,6 M €201,3 M €132,6 M €119,9 M €99,7 M €88,3 M €
Total assets1 Md €1,2 Md €1,1 Md €1,1 Md €1,2 Md €1,1 Md €938,9 M €842,2 M €920 M €811,3 M €739,6 M €642,2 M €572,5 M €617,6 M €653,3 M €569,2 M €
Cash153,9 M €109,2 M €152,4 M €240,2 M €178,4 M €165,7 M €107,5 M €113,6 M €144,8 M €86,9 M €80,3 M €88,6 M €57,7 M €60,4 M €52,7 M €56,8 M €
Debts687,3 M €828,4 M €760,1 M €784,4 M €708,1 M €612,4 M €525,3 M €446,6 M €603 M €546,4 M €468 M €388,7 M €371,2 M €421,8 M €495,5 M €442 M €
Other
Workforce808,8 ETP750,2 ETP784,3 ETP836,1 ETP857,3 ETP843,7 ETP754,1 ETP605,6 ETP579,7 ETP602,3 ETP594,5 ETP588,4 ETP553,4 ETP558,6 ETP591,1 ETP582,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 60 ended

Active mandates

VINKENHOEK

Director · since 13 mai 2024 · until 04 juin 2027 · 0800.678.184

Represented by Patrick Baeten

Active
Athena International

Director · since 02 juin 2023 · until 05 juin 2026 · 0747.540.101

Represented by Mathieu Deschamps

Active
GABELI

Director · since 02 juin 2023 · until 01 juin 2029 · 0752.811.654

Represented by Hans Beerlandt

Active
Jean Pôlet

Director · since 02 juin 2023 · until 01 juin 2029

Active
KYOKAN

Managing director · since 03 juin 2022 · until 02 juin 2028 · 0770.813.468

Represented by Jan Van Steirteghem

Active
ALTHIEL

Chairman of the board of directors · since 04 juin 2021 · until 04 juin 2027 · 0745.958.011

Represented by Pierre Sironval

Active

Ended mandates

Athena International

Director · since 02 juin 2023 · until 02 juin 2026 · 0747.540.101

Represented by Mathieu Deschamps

Ended
GABELI

Director · since 02 juin 2023 · until 02 juin 2026 · 0752.811.654

Represented by Hans Beerlandt

Ended
Jean Pôlet

Director · since 02 juin 2023 · until 02 juin 2026

Ended
FREDERIC de SCHREVEL

Director · since 03 juin 2022 · until 06 juin 2025

Ended
At this address

Other companies at this address

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 Group● Active
0400.459.154
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
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelConsolidated accountsFull 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 date06/07/202607/07/202519/06/202430/06/202306/07/202213/07/2021
General meeting19/06/202627/06/202507/06/202402/06/202303/06/202204/06/2021
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

78 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202606/07/2026FrenchPDF
Full model31/12/202519/06/202606/07/2026DutchPDF
Full model31/12/202406/06/202525/06/2025DutchPDF
Full model31/12/202406/06/202525/06/2025FrenchPDF
Consolidated accounts31/12/202427/06/202507/07/2025DutchPDF
Consolidated accounts31/12/202427/06/202507/07/2025FrenchPDF
Full model31/12/202307/06/202419/06/2024DutchPDF
Full model31/12/202307/06/202419/06/2024FrenchPDF
Consolidated accounts31/12/202307/06/202408/07/2024FrenchPDF
Consolidated accounts31/12/202307/06/202408/07/2024DutchPDF
Full model31/12/202202/06/202330/06/2023FrenchPDF
Full model31/12/202202/06/202330/06/2023DutchPDF
Consolidated accounts31/12/202202/06/202311/07/2023DutchPDF
Consolidated accounts31/12/202202/06/202307/07/2023FrenchPDF
Full model31/12/202103/06/202206/07/2022FrenchPDF
Full model31/12/202103/06/202205/07/2022DutchPDF
Consolidated accounts31/12/2021—16/08/2022FrenchPDF
Consolidated accounts31/12/2021—16/08/2022DutchPDF
Full model31/12/202004/06/202113/07/2021DutchPDF
Full model31/12/202004/06/202113/07/2021FrenchPDF
Consolidated accounts31/12/202004/06/202107/07/2021DutchPDF
Consolidated accounts31/12/202004/06/202107/07/2021FrenchPDF
Full model31/12/201905/06/202009/07/2020DutchPDF
Full model31/12/201905/06/202009/07/2020FrenchPDF

View all 78 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 60 ended

Active mandates

VINKENHOEK

Director · since 13 mai 2024 · until 04 juin 2027 · 0800.678.184

Represented by Patrick Baeten

Active
Athena International

Director · since 02 juin 2023 · until 05 juin 2026 · 0747.540.101

Represented by Mathieu Deschamps

Active
GABELI

Director · since 02 juin 2023 · until 01 juin 2029 · 0752.811.654

Represented by Hans Beerlandt

Active
Jean Pôlet

Director · since 02 juin 2023 · until 01 juin 2029

Active
KYOKAN

Managing director · since 03 juin 2022 · until 02 juin 2028 · 0770.813.468

Represented by Jan Van Steirteghem

Active
ALTHIEL

Chairman of the board of directors · since 04 juin 2021 · until 04 juin 2027 · 0745.958.011

Represented by Pierre Sironval

Active

Ended mandates

Athena International

Director · since 02 juin 2023 · until 02 juin 2026 · 0747.540.101

Represented by Mathieu Deschamps

Ended
GABELI

Director · since 02 juin 2023 · until 02 juin 2026 · 0752.811.654

Represented by Hans Beerlandt

Ended
Jean Pôlet

Director · since 02 juin 2023 · until 02 juin 2026

Ended
FREDERIC de SCHREVEL

Director · since 03 juin 2022 · until 06 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/08/2026
    Statutaire benoemingen
    PDF
  • Mandates26/08/2026
    Nominations statutaires
    PDF
  • Mandates18/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2024
    DEMISSIONS, NOMINATIONS
    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 2025-29,9 M €↓
  2. 06/06/2025
    reconductionJan Van Steirteghem — Administrateur Délégué
  3. 06/06/2025
    reconductionJan Van Steirteghem — Gedelegeerd Bestuurder
  4. 07/06/2024
    nominationDeloitte Réviseurs d'Entreprises SRL (repr. Ben Vandeweyer) — commissaire
  5. 07/06/2024
    reconductionAlthiel SRL (repr. Pierre Sironval) — Administrateur
  6. 07/06/2024
    nominationDeloitte Reviseurs d'Entreprises SRL (Ben Vandeweyer) — commissaris
  7. 07/06/2024
    reconductionAlthiel SRL (Pierre Sironval) — Bestuurder
  8. 13/05/2024
    nominationVinkenhoek BV (repr. Patrick Baeten) — administrateur
  9. 13/05/2024
    nominationVinkenhoek BV (Patrick Baeten) — bestuurder
  10. 13/05/2024
    nominationAlthiel SRL (Pierre Sironval) — Voorzitter van de Raad van Bestuur
  11. 13/05/2024
    nominationKyokan BV (Jan Van Steirteghem) — Gedelegeerd Bestuurder
  12. 2023
    Annual accounts 2023100,4 k €↓
  13. 02/06/2023
    reconductionAthena International SRL — Administrateur
  14. 02/06/2023
    reconductionGabeli SRE — Administrateur
  15. 02/06/2023
    reconductionJean Pôlet — Administrateur
  16. 02/06/2023
    reconductionMathieu Dechamps — Bestuurder
  17. 02/06/2023
    reconductionHans Beerlandt — Bestuurder
  18. 02/06/2023
    reconductionJean Pölet — Bestuurder
  19. 30/03/2023
    nominationJohan BEERLANDT — Administrateur et Président du Conseil d'Administration
  20. 30/03/2023
    nominationPierre SIRONVAL — Administrateur
  21. 30/03/2023
    nominationMathieu DECHAMPS — Administrateur
  22. 30/03/2023
    nominationFrédéric de SCHREVEL — Administrateur
  23. 30/03/2023
    nominationJean POLET — Administrateur
  24. 30/03/2023
    nominationHans BEERLANDT — Administrateur
  25. 30/03/2023
    nominationJan Van STEIRTEGHEM — Administrateur
  26. 2022
    Annual accounts 202231,3 M €↑
  27. 03/06/2022
    reconductionFrédéric de Schrevel — Administrateur
  28. 03/06/2022
    nominationJan van Steirteghem — Administrateur
  29. 03/06/2022
    reconductionFrédéric de Schrevel — Bestuurder
  30. 03/06/2022
    nominationJan van Steirteghem — bestuurder
  31. 2021
    Annual accounts 2021-19,2 M €↓
  32. 2020
    Annual accounts 2020-371,6 k €↓
  33. 2019
    Annual accounts 201934 M €↑
  34. 2018
    Annual accounts 201811,5 M €↓
  35. 2017
    Annual accounts 201789,8 M €↑
  36. 2016
    Annual accounts 201661,3 M €↑
  37. 2015
    Annual accounts 2015-22,4 M €↓
  38. 2014
    Annual accounts 201419,2 M €↓
  39. 2013
    Annual accounts 201369,7 M €↓
  40. 2011
    Annual accounts 201182,8 M €↓
  41. 2010
    Annual accounts 201085,1 M €↑
  42. 2009
    Annual accounts 200951,4 M €↑
  43. 2008
    Annual accounts 200838,8 M €
  44. 03/12/1973
    IncorporationPublic limited company