ACTIVE

MOURY CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

27,4 M €

+76.9% YoY

Revenue

545,5 k €

+0.4% YoY

Equity

76,2 M €

+32.9% YoY

Workforce

0,4 ETP

0.0% YoY

What does MOURY CONSTRUCT do?

MOURY CONSTRUCT is a Public limited company incorporated in 1973. Its registered office is in Ans. It employs on average 0,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0413.821.301

Incorporation

23/11/1973

Legal form

Public limited company

Registered office

Rue des Anglais 6A
4430 Ans · WallonieSee on map

Contributed capital

25 244 700,00 €

Latest accounts

31/12/2025

Average workforce

0,4 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

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
Revenue	545,5 k €	+0.4%	543,4 k €	+11.2%	488,6 k €	+2.4%	477,3 k €	-7.7%	517,1 k €	+0.3%	515,6 k €	-13.2%	593,8 k €	-3.1%	612,8 k €	+70.4%	359,7 k €	-13.0%	413,2 k €	-8.9%	453,4 k €	-5.5%	480 k €	+85.4%	258,9 k €	+41.6%	182,8 k €	+14.2%	160,1 k €	0.0%	160,1 k €	-21.6%	204,1 k €		–		–		–
EBITDA	-69,5 k €	-15.8%	-60 k €	+15.4%	-71 k €	-56.2%	-45,4 k €	+49.6%	-90,1 k €	-35.9%	-66,3 k €	-32.2%	-50,1 k €	-142%	-20,7 k €	-82.5%	-11,4 k €	-366%	4,3 k €	-91.9%	52,7 k €	-40.4%	88,4 k €	+176%	-116,2 k €	+37.2%	-185 k €	-145%	410,1 k €	+368%	-152,9 k €	-122%	-69 k €	+75.5%	-281,2 k €	-7.0%	-262,8 k €	-8.0%	-243,4 k €
Operating result	-71,2 k €	-15.4%	-61,7 k €	+15.1%	-72,7 k €	-54.2%	-47,1 k €	+32.5%	-69,8 k €	+22.5%	-90 k €	-73.7%	-51,8 k €	-131%	-22,4 k €	-71.9%	-13 k €	-603%	2,6 k €	-94.9%	51 k €	-41.2%	86,7 k €	+174%	-117,9 k €	+36.8%	-186,7 k €	-146%	408,4 k €	+364%	-154,6 k €	-119%	-70,7 k €	+75.0%	-282,9 k €	-6.9%	-264,6 k €	-8.0%	-245 k €
Net result	27,4 M €	+76.9%	15,5 M €	+30.9%	11,9 M €	+135%	5 M €	+16.3%	4,3 M €	+17.7%	3,7 M €	-49.8%	7,3 M €	+706%	909,8 k €	+3.2%	881,7 k €	-68.1%	2,8 M €	+115%	1,3 M €	+38.1%	932,7 k €	+80.4%	517,1 k €	-45.9%	955 k €	-85.5%	6,6 M €	+90.8%	3,4 M €	-21.4%	4,4 M €	+97.1%	2,2 M €	-32.7%	3,3 M €	-3.2%	3,4 M €
Balance sheet
Equity	76,2 M €	+32.9%	57,3 M €	+17.6%	48,8 M €	+22.6%	39,8 M €	+3.2%	38,5 M €	+2.7%	37,5 M €	+2.5%	36,6 M €	+15.4%	31,7 M €	-9.2%	34,9 M €	-3.3%	36,1 M €	+2.0%	35,4 M €	-1.9%	36,1 M €	-2.2%	36,9 M €	-2.8%	37,9 M €	+0.9%	37,6 M €	+13.1%	33,3 M €	+3.8%	32,1 M €	+7.5%	29,8 M €	-13.8%	34,6 M €	+2.6%	33,7 M €
Total assets	85,3 M €	+31.7%	64,8 M €	+19.8%	54,1 M €	+11.5%	48,5 M €	-7.7%	52,6 M €	+28.7%	40,9 M €	+2.7%	39,8 M €	+8.9%	36,5 M €	-2.8%	37,6 M €	-3.2%	38,8 M €	+2.4%	37,9 M €	-1.2%	38,4 M €	-1.7%	39 M €	-0.5%	39,2 M €	-3.6%	40,7 M €	+13.0%	36 M €	+3.6%	34,8 M €	+7.3%	32,4 M €	-11.9%	36,8 M €	+2.3%	36 M €
Cash	8,9 M €	+281%	2,3 M €	-18.9%	2,9 M €	-24.9%	3,8 M €	-73.2%	14,2 M €	+380%	3 M €	-65.8%	8,7 M €	+92.0%	4,5 M €	-42.1%	7,8 M €	+40.2%	5,6 M €	-36.3%	8,7 M €	+6.0%	8,2 M €	-1.8%	8,4 M €	+3.6%	8,1 M €	-22.4%	10,5 M €	+9.9%	9,5 M €	+38.2%	6,9 M €	+774%	787,5 k €	+88.6%	417,6 k €	-81.5%	2,3 M €
Debts	9,1 M €	+22.5%	7,4 M €	+39.9%	5,3 M €	-39.3%	8,8 M €	-37.7%	14,1 M €	+318%	3,4 M €	+4.7%	3,2 M €	-33.3%	4,8 M €	+80.1%	2,7 M €	-2.8%	2,8 M €	+7.9%	2,6 M €	+10.8%	2,3 M €	+7.2%	2,2 M €	+68.3%	1,3 M €	-58.2%	3,1 M €	+11.7%	2,7 M €	+1.1%	2,7 M €	+5.1%	2,6 M €	+17.1%	2,2 M €	-2.2%	2,2 M €
Other
Workforce	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	+100%	0,2 ETP	-50.0%	0,4 ETP	0.0%	0,4 ETP	+33.3%	0,3 ETP	+50.0%	0,2 ETP	-33.3%	0,3 ETP	0.0%	0,3 ETP	-25.0%	0,4 ETP	-20.0%	0,5 ETP	0.0%	0,5 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 · 52 ended

Active mandates

Christine Defraigne

Director · since 27 mai 2025 · until 30 mai 2028

Active

GEORGES HÜBNER

Director · since 27 mai 2025 · until 30 mai 2028

Active

CONSIGES

Director · since 30 mai 2023 · until 26 mai 2026 · 0451.390.983

Represented by Michel MIKOLAJCZAK

Active

Françoise BELFROID

Director · since 30 mai 2023 · until 26 mai 2026

Active

G4 FINANCE

Director · since 30 mai 2023 · until 26 mai 2026 · 0720.811.849

Represented by Gilles Olivier MOURY

Active

MOURY FINANCE SA

Director · since 30 mai 2023 · until 26 mai 2026

Represented by Nathalie THUNUS

Active

VF CONSULT

Director · since 30 mai 2023 · until 26 mai 2026 · 0521.743.697

Represented by FRANCY LEMMENS

Active

Ended mandates

GEORGES HÜBNER

Director · since 31 mai 2022 · until 27 mai 2025

Ended

CONSIGES

Director · since 26 mai 2020 · until 30 mai 2023 · 0451.390.983

Represented by Michel MIKOLAJCZAK

Ended

G4 FINANCE

Director · since 26 mai 2020 · until 30 mai 2023 · 0720.811.849

Represented by Gilles Olivier MOURY

Ended

G4 FINANCE

Director · since 26 mai 2020 · until 30 mai 2023 · 0720.811.849

Represented by Gilles Olivier MOURY

Ended

At this address

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PISCINE ATHUS MOURY-BPC WALLONIE SM● Active	0767.979.880
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	16/06/2026	26/06/2025	28/06/2024	13/07/2023	25/08/2022	21/06/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	25/05/2021
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

39 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	16/06/2026	French	PDF
Full model	31/12/2024	27/05/2025	26/06/2025	French	PDF
m120-f-p	31/12/2024	27/05/2025	27/06/2025	French	PDF
Full model	31/12/2023	28/05/2024	28/06/2024	French	PDF
m120-f-p	31/12/2023	28/05/2024	29/07/2024	French	PDF
Full model	31/12/2022	30/05/2023	13/07/2023	French	PDF
m120-f-p	31/12/2022	30/05/2023	29/09/2023	French	PDF
Full model	31/12/2021	31/05/2022	25/08/2022	French	PDF
m120-f-p	31/12/2021	—	25/08/2022	French	PDF
Full model	31/12/2020	25/05/2021	21/06/2021	French	PDF
m120-f-p	31/12/2020	01/01/9999	21/06/2021	French	PDF
Full model	31/12/2019	26/05/2020	09/06/2020	French	PDF
m120-f-p	31/12/2019	26/05/2020	09/06/2020	French	PDF
Full model	31/12/2018	28/05/2019	25/06/2019	French	PDF
m120-f-p	31/12/2018	01/01/9999	25/06/2019	French	PDF
Full model	31/12/2017	29/05/2018	28/06/2018	French	PDF
m120-f-p	31/12/2017	29/05/2018	28/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	03/07/2017	French	PDF
m120-f-p	31/12/2016	30/05/2017	03/07/2017	French	PDF
Full model	31/12/2015	31/05/2016	29/06/2016	French	PDF
m120-f-p	31/12/2015	31/05/2016	29/06/2016	French	PDF
Full model	31/12/2014	26/05/2015	25/06/2015	French	PDF
m120-f-p	31/12/2014	26/05/2015	25/06/2015	French	PDF
Full model	31/12/2013	27/05/2014	06/06/2014	French	PDF

View all 39 filings

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 · 52 ended

Active mandates

Christine Defraigne

Director · since 27 mai 2025 · until 30 mai 2028

Active

GEORGES HÜBNER

Director · since 27 mai 2025 · until 30 mai 2028

Active

CONSIGES

Director · since 30 mai 2023 · until 26 mai 2026 · 0451.390.983

Represented by Michel MIKOLAJCZAK

Active

Françoise BELFROID

Director · since 30 mai 2023 · until 26 mai 2026

Active

G4 FINANCE

Director · since 30 mai 2023 · until 26 mai 2026 · 0720.811.849

Represented by Gilles Olivier MOURY

Active

MOURY FINANCE SA

Director · since 30 mai 2023 · until 26 mai 2026

Represented by Nathalie THUNUS

Active

VF CONSULT

Director · since 30 mai 2023 · until 26 mai 2026 · 0521.743.697

Represented by FRANCY LEMMENS

Active

Ended mandates

GEORGES HÜBNER

Director · since 31 mai 2022 · until 27 mai 2025

Ended

CONSIGES

Director · since 26 mai 2020 · until 30 mai 2023 · 0451.390.983

Represented by Michel MIKOLAJCZAK

Ended

G4 FINANCE

Director · since 26 mai 2020 · until 30 mai 2023 · 0720.811.849

Represented by Gilles Olivier MOURY

Ended

G4 FINANCE

Director · since 26 mai 2020 · until 30 mai 2023 · 0720.811.849

Represented by Gilles Olivier MOURY

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/11/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/08/2023
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/06/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/06/2023
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/10/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office12/04/2021
SIEGE SOCIAL
PDF
Mandates24/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2019
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

2025
Annual accounts 202527,4 M €↑
27/05/2025
nominationChristine Defraigne — administrateur
27/05/2025
reconductionGeorges Hübner — administrateur indépendant non exécutif
2024
Annual accounts 202415,5 M €↑
2023
Annual accounts 202311,9 M €↑
30/06/2023
apportFINOCCHIO Anne-Sophie
30/06/2023
apportFINOCCHIO Vincent Luigi Georges
30/05/2023
nominationSCRL BDO Réviseurs d'Entreprises — commissaire
30/05/2023
reconductionG4 Finance SRL — administrateur exécutif
30/05/2023
reconductionMoury Finance SA — administrateur exécutif
30/05/2023
reconductionVF Consult SRL — administrateur non-exécutif
30/05/2023
reconductionConsiges SA — administrateur non-exécutif
30/05/2023
reconductionFrançoise Belfroid — administratrice non exécutive indépendante
2022
Annual accounts 20225 M €↑
31/05/2022
nominationGeorges Hübner — administrateur
2021
Annual accounts 20214,3 M €↑
2020
Annual accounts 20203,7 M €↓
2019
Annual accounts 20197,3 M €↑
2018
Annual accounts 2018909,8 k €↑
2017
Annual accounts 2017881,7 k €↓
2016
Annual accounts 20162,8 M €↑
2015
Annual accounts 20151,3 M €↑
2014
Annual accounts 2014932,7 k €↑
2013
Annual accounts 2013517,1 k €↓
2012
Annual accounts 2012955 k €↓
2011
Annual accounts 20116,6 M €↑
2010
Annual accounts 20103,4 M €↓
2009
Annual accounts 20094,4 M €↑
2008
Annual accounts 20082,2 M €↓
2007
Annual accounts 20073,3 M €↓
2006
Annual accounts 20063,4 M €
23/11/1973
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

MOURY CONSTRUCT

Overview

What does MOURY CONSTRUCT 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