ACTIVE

Constructie Spiessens

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Financial year 2025 · closed on 31/12/2025

Net result

289,8 k €

+78.2% YoY

Gross margin

1,2 M €

+21.8% YoY

Equity

3,4 M €

+9.3% YoY

Workforce

0,3 ETP

What does Constructie Spiessens do?

Constructie Spiessens is a Public limited company incorporated in 1973. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Tielt. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0413.640.464

Incorporation

01/07/1973

Legal form

Public limited company

Registered office

Tenhovestraat 6A
8700 Tielt · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

0,3 ETP

Activities (NACE)

28300Manufacture of agricultural and forestry machinery· main 28300Manufacture of agricultural and forestry machinery 28990Manufacture of other special-purpose machinery n.e.c.29321Manufacture of other parts and accessories for motor vehicles 25999Manufacture of other fabricated metal products n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+21.8%	1 M €	-1.5%	1 M €	+15.4%	898,9 k €	-0.6%	904,7 k €	+6.2%	851,6 k €	-2.4%	872,4 k €	+9.2%	798,9 k €	+4.7%	763,1 k €	+13.5%	672,2 k €	+2.5%	656,1 k €	+5.9%	619,5 k €	+2.1%	606,8 k €	-21.2%	770 k €	+27.7%	603 k €	+15.2%	523,6 k €	-55.6%	1,2 M €	+8.0%	1,1 M €	+6.6%	1 M €	+1.5%	1 M €
EBITDA	1,1 M €	+18.1%	960,4 k €	+2.9%	932,9 k €	+11.6%	836 k €	+0.8%	829,3 k €	+6.9%	775,7 k €	-6.1%	826,2 k €	+9.7%	753,5 k €	+5.4%	714,7 k €	+14.3%	625,2 k €	+2.8%	608,2 k €	+5.8%	574,8 k €	+3.8%	553,8 k €	-16.2%	660,5 k €	+31.7%	501,3 k €	+20.5%	416,2 k €	-16.1%	495,8 k €	+4.5%	474,5 k €	+32.6%	357,9 k €	-14.7%	419,4 k €
Operating result	578,3 k €	+30.0%	445 k €	+23.8%	359,4 k €	-4.9%	377,9 k €	+65.5%	228,3 k €	+25.7%	181,7 k €	-26.5%	247 k €	+37.8%	179,3 k €	-24.1%	236,2 k €	-6.8%	253,5 k €	-14.0%	294,6 k €	+5.8%	278,4 k €	-0.3%	279,2 k €	-29.5%	396,2 k €	+37.1%	289,1 k €	+18.0%	245,1 k €	-25.6%	329,2 k €	+28.1%	256,9 k €	+30.4%	197,1 k €	+0.5%	196 k €
Net result	289,8 k €	+78.2%	162,6 k €	-5.0%	171,2 k €	-15.9%	203,6 k €	+121%	92 k €	+58.4%	58 k €	+6.3%	54,6 k €	+14.4%	47,8 k €	-36.4%	75 k €	-19.8%	93,6 k €	-15.5%	110,7 k €	+13.5%	97,5 k €	-25.1%	130,2 k €	-23.6%	170,5 k €	+79.7%	94,9 k €	+15.4%	82,2 k €	-31.9%	120,8 k €	-8.8%	132,4 k €	+56.5%	84,6 k €	-29.2%	119,5 k €
Balance sheet
Equity	3,4 M €	+9.3%	3,1 M €	+5.5%	3 M €	+6.2%	2,8 M €	+7.9%	2,6 M €	+3.7%	2,5 M €	+2.4%	2,4 M €	+2.3%	2,4 M €	+2.1%	2,3 M €	+3.3%	2,2 M €	+4.3%	2,2 M €	+5.4%	2 M €	+5.0%	1,9 M €	+7.0%	1,8 M €	+10.1%	1,7 M €	+5.9%	1,6 M €	+5.4%	1,5 M €	+8.6%	1,4 M €	+10.5%	1,2 M €	+7.1%	1,2 M €
Total assets	11,7 M €	-2.8%	12,1 M €	+6.5%	11,3 M €	+33.2%	8,5 M €	+3.5%	8,2 M €	+6.3%	7,7 M €	+7.7%	7,2 M €	-12.1%	8,2 M €	+6.0%	7,7 M €	+6.3%	7,3 M €	+0.6%	7,2 M €	+11.6%	6,5 M €	-15.0%	7,6 M €	+2.0%	7,4 M €	-3.2%	7,7 M €	+31.1%	5,9 M €	+0.1%	5,9 M €	-1.3%	5,9 M €	+17.9%	5 M €	-6.1%	5,4 M €
Cash	19,7 k €	-0.2%	19,8 k €	-1.2%	20 k €	-12.4%	22,9 k €	+63.4%	14 k €	-67.0%	42,4 k €	-72.7%	155,5 k €	+585%	22,7 k €	-69.3%	73,9 k €	+106%	36 k €	+17.8%	30,5 k €	+16.1%	26,3 k €	+47.3%	17,8 k €	-70.0%	59,5 k €	-74.0%	229,3 k €	+1191%	17,8 k €	-37.4%	28,4 k €	-64.1%	79,2 k €	-18.4%	97 k €	-16.7%	116,5 k €
Debts	8,3 M €	-7.0%	9 M €	+6.9%	8,4 M €	+46.3%	5,7 M €	+1.5%	5,6 M €	+7.6%	5,2 M €	+10.3%	4,8 M €	-18.0%	5,8 M €	+7.7%	5,4 M €	+7.6%	5 M €	-0.9%	5,1 M €	+14.5%	4,4 M €	-21.9%	5,6 M €	+0.4%	5,6 M €	-6.8%	6 M €	+40.4%	4,3 M €	-1.7%	4,4 M €	-4.2%	4,6 M €	+20.4%	3,8 M €	-9.6%	4,2 M €
Other
Workforce	0,3 ETP		–		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		0,1 ETP	-87.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-94.7%	15,2 ETP	+4.1%	14,6 ETP	-19.3%	18,1 ETP	+19.9%	15,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

Lieven Depraetere

Managing director

Active

Mathias Depraetere

Managing director

Active

SPIESSENS

Managing director · 0475.767.677

Represented by Conny Degryse

Active

Ended mandates

Mathias Depraetere

Managing director · since 10 juin 2021 · until 31 décembre 2026

Ended

Conny Degryse

Managing director · since 01 juillet 2004 · until 10 juin 2021

Ended

CONNY DEGRYSE

Managing director · since 01 juillet 2004 · until 30 juin 2010

Ended

CONNY DEGRYSE

Managing director · since 01 juillet 2004 · until 24 novembre 2014

Ended

At this address

Other companies at this address

Company	CBE no.
MAJAST● Active	0893.368.119
MANAGEMENT CONSULTANCY OFFICE● Active	0444.249.904
SPIESSENS● Active	0475.767.677

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	12/08/2025	12/06/2024	11/09/2023	06/10/2022	16/06/2021
General meeting	30/06/2026	30/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	12/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	11/09/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	04/06/2022	06/10/2022	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	10/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	12/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 24 ended

Active mandates

Lieven Depraetere

Managing director

Active

Mathias Depraetere

Managing director

Active

SPIESSENS

Managing director · 0475.767.677

Represented by Conny Degryse

Active

Ended mandates

Mathias Depraetere

Managing director · since 10 juin 2021 · until 31 décembre 2026

Ended

Conny Degryse

Managing director · since 01 juillet 2004 · until 10 juin 2021

Ended

CONNY DEGRYSE

Managing director · since 01 juillet 2004 · until 30 juin 2010

Ended

CONNY DEGRYSE

Managing director · since 01 juillet 2004 · until 24 novembre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other22/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other10/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/12/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2003
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/02/2003
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

2025
Annual accounts 2025289,8 k €↑
2024
Annual accounts 2024162,6 k €↓
2023
Annual accounts 2023171,2 k €↓
2022
Annual accounts 2022203,6 k €↑
2021
Annual accounts 202192 k €↑
2020
Annual accounts 202058 k €↑
2019
Annual accounts 201954,6 k €↑
2018
Annual accounts 201847,8 k €↓
2017
Annual accounts 201775 k €↓
2016
Annual accounts 201693,6 k €↓
2015
Annual accounts 2015110,7 k €↑
2014
Annual accounts 201497,5 k €↓
2013
Annual accounts 2013130,2 k €↓
2012
Annual accounts 2012170,5 k €↑
2011
Annual accounts 201194,9 k €↑
2010
Annual accounts 201082,2 k €↓
2009
Annual accounts 2009120,8 k €↓
2008
Annual accounts 2008132,4 k €↑
2007
Annual accounts 200784,6 k €↓
2006
Annual accounts 2006119,5 k €
01/07/1973
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Constructie Spiessens

Overview

What does Constructie Spiessens do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline