ACTIVE

ENTREPRISE MARCEL BAGUETTE

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Financial year 2025 · Closed on 31/12/2025

Net result11,2 k €-89,7 %over 1 year

Revenue32,6 M €-5,6 %over 1 year

Equity4 M €+0,3 %over 1 year

Workforce114,7 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

ENTREPRISE MARCEL BAGUETTE is a Public limited company incorporated in 1977. Its main activity is: Construction of buildings. Its registered office is in Thimister-Clermont. It employs on average 114,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.095.743
Incorporation: 25/03/1977
Legal form: Public limited company
Registered office: Bruyères 2
4890 Thimister-Clermont · WallonieSee on map
Contributed capital: 670 000,00 €
Latest accounts: 31/12/2025
Average workforce: 114,7 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 42110Construction of roads and motorways 42110Construction of roads and motorways 45211Maintenance and repair of motor vehicles 45230Maintenance and repair of motor vehicles+9

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	32,6 M €	-5.6%	34,5 M €	-11.4%	39 M €	+27.8%	30,5 M €	+2.7%	29,7 M €
EBITDA	318,8 k €	+891%	32,2 k €	-76.0%	134,1 k €	-80.7%	696,3 k €	-10.8%	780,5 k €
Operating result	16,2 k €	+110%	-165,9 k €	-53520635%	0,3 €	-100.0%	524,9 k €	-14.2%	611,5 k €
Net result	11,2 k €	-89.7%	109 k €	+287%	28,1 k €	-93.2%	415,7 k €	-7.6%	450 k €
Balance sheet
Equity	4 M €	+0.3%	3,9 M €	+2.8%	3,8 M €	+0.7%	3,8 M €	+6.0%	3,6 M €
Total assets	18,9 M €	-6.5%	20,2 M €	-12.4%	23,1 M €	+32.7%	17,4 M €	+14.0%	15,2 M €
Cash	311,1 k €	+55.4%	200,1 k €	-85.8%	1,4 M €	+51.3%	934,6 k €	+111%	443 k €
Debts	14,9 M €	-8.2%	16,3 M €	-15.2%	19,2 M €	+44.3%	13,3 M €	+18.8%	11,2 M €
Other
Workforce	114,7 ETP	-3.0%	118,2 ETP	-1.4%	119,9 ETP	+1.2%	118,5 ETP	-0.9%	119,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bertrand BAGUETTE	Director15/12/2025 → 14/06/2029
CAMILLE BAGUETTE CONSULTANCE1015.817.850Represented by Camille BAGUETTE	Director15/12/2025 → 14/06/2029
FBM 341031.267.970Represented by Florian BAGUETTE	Director15/12/2025 → 14/06/2029
Valentine BAGUETTE	Director15/12/2025 → 14/06/2029
Fabienne VIEILLEVOYE	Director05/02/2004 → 14/06/2029
Marcel BAGUETTE	Managing director05/02/2004 → 14/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Florian BAGUETTE	Director21/08/2018 → 2024 accounts
ENROBÉS BAGUETTE S.A.0420.227.358Represented by Marcel BAGUETTE	Director30/06/2015 → 2017 accounts

Other companies at this address

Bruyères 2 4890 Thimister-Clermont

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BADELIM● Active	0774.337.142
BAELEN REMBLAI● Active	0744.419.768
BAGUETTE-BODARWE, Battice Bail d'Entretien 2021● Active	0770.322.035
BAGUETTE-BODARWE, Battice bail d'entretien 2025- 2029● Active	1024.183.210
BAGUETTE-BODARWE (PMS VERVIERS AUTOROUTES 2017)● Active	0684.939.962
B.B. PROMO● Active	0863.192.607
BG2S● Active	0776.600.212
M.B. LOC s.a.● Active	0874.036.415
S.A FIBAMA● Active	0425.661.833
Société simple momentanée BAGUETTEBODARWE - PMS AUTOROUTES 2022● Active	0788.579.415
SOCIETE SIMPLE MOMENTANEE BAGUETTEBODARWE, PMS VERVIERS AUTOROUTES 2026● Active	1033.821.545
Société Simple Momentanée BAGUETTE - SACE (OUPEYE BASSIN TEMPORISATION)● Active	0754.698.701
Société Simple Momentanée BODARWE-BAGUETTE-AQUAFLUX, Welkenraedt Mitoyenne● Active	0732.973.075
SSM BAGUETTE-BODARWE,PMS Verviers Autoroutes 07/22● Active	0790.955.717
SSM BAGUETTE-VIRAGE Liège PUM Lot 2● Active	1021.653.092
TRANSPORTS BAGUETTE● Active	0415.114.171

Full financial information

Source · NBB

	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	12/07/2026	11/07/2025	01/07/2024	16/08/2023	14/07/2022	26/07/2021
General meeting	30/06/2026	02/07/2025	27/06/2024	16/08/2023	12/07/2022	09/07/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	12/07/2026	French	PDF
Full model	31/12/2024	02/07/2025	11/07/2025	French	PDF
Full model	31/12/2023	27/06/2024	01/07/2024	French	PDF
Full model	31/12/2022	16/08/2023	16/08/2023	French	PDF
Full model	31/12/2021	12/07/2022	14/07/2022	French	PDF
Full model	31/12/2020	09/07/2021	26/07/2021	French	PDF
Full model	31/12/2019	03/07/2020	15/07/2020	French	PDF
Full model	31/12/2018	30/06/2019	01/07/2019	French	PDF
Full model	31/12/2017	30/08/2018	30/08/2018	French	PDF
Full model	31/12/2016	28/08/2017	30/08/2017	French	PDF
Full model	31/12/2015	30/06/2016	15/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	20/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	03/07/2014	French	PDF
Full model	31/12/2012	25/06/2013	28/06/2013	French	PDF
Full model	31/12/2011	30/06/2012	10/07/2012	French	PDF
Full model	31/12/2010	30/06/2011	12/07/2011	French	PDF
Full model	31/12/2009	30/06/2010	09/07/2010	French	PDF
Full model	31/12/2008	30/06/2009	03/07/2009	French	PDF
Full model	31/12/2007	26/06/2008	01/07/2008	French	PDF
Full model	31/12/2006	30/06/2007	25/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

6 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bertrand BAGUETTE	Director15/12/2025 → 14/06/2029
CAMILLE BAGUETTE CONSULTANCE1015.817.850Represented by Camille BAGUETTE	Director15/12/2025 → 14/06/2029
FBM 341031.267.970Represented by Florian BAGUETTE	Director15/12/2025 → 14/06/2029
Valentine BAGUETTE	Director15/12/2025 → 14/06/2029
Fabienne VIEILLEVOYE	Director05/02/2004 → 14/06/2029
Marcel BAGUETTE	Managing director05/02/2004 → 14/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Florian BAGUETTE	Director21/08/2018 → 2024 accounts
ENROBÉS BAGUETTE S.A.0420.227.358Represented by Marcel BAGUETTE	Director30/06/2015 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/02/2026
DEMISSIONS, NOMINATIONS
PDF
Other05/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates02/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2018
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates04/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2010
DEMISSIONS, NOMINATIONS
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

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

CAMILLE BAGUETTE CONSULTANCE

FBM 34

Bertrand BAGUETTE

Valentine BAGUETTE

Marcel BAGUETTE

Fabienne VIEILLEVOYE

Florian BAGUETTE

ENROBÉS BAGUETTE S.A.

S.A FIBAMA

Joseph SCHOONBROODT

19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

ENTREPRISE MARCEL BAGUETTE

Bruyères 2, 4890 Thimister-Clermont

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bruyères 2, 4890 Thimister-ClermontCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00282698

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ENTREPRISE MARCEL BAGUETTECurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00282698

Events

2025
Annual accounts 202511,2 k €↓
2024
Annual accounts 2024109 k €↑
2023
Annual accounts 202328,1 k €↓
2022
Annual accounts 2022415,7 k €↓
2021
Annual accounts 2021450 k €↑
2020
Annual accounts 2020211,3 k €↓
2019
Annual accounts 2019571,3 k €↓
2018
Annual accounts 2018875,2 k €↑
2017
Annual accounts 2017-630,2 k €↓
2016
Annual accounts 201617,8 k €↓
2015
Annual accounts 201584,9 k €↓
2014
Annual accounts 2014261,6 k €↑
2013
Annual accounts 2013215,6 k €↓
2012
Annual accounts 2012224,7 k €↓
2011
Annual accounts 2011430 k €↑
2010
Annual accounts 2010107,5 k €↑
2009
Annual accounts 2009-11,5 k €↓
2008
Annual accounts 2008204,1 k €↓
2007
Annual accounts 2007331,7 k €↑
2006
Annual accounts 2006304,5 k €
25/03/1977
IncorporationPublic limited company

ENTREPRISE MARCEL BAGUETTE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events