ACTIVE

VERSCHAEVE - CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

189,5 k €

-57.0% YoY

Gross margin

3,2 M €

-9.7% YoY

Equity

2,7 M €

+7.5% YoY

Workforce

34,1 ETP

-2.3% YoY

What does VERSCHAEVE - CONSTRUCT do?

VERSCHAEVE - CONSTRUCT is a Public limited company incorporated in 1977. Its registered office is in Menen. It employs on average 34,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.149.290

Incorporation

29/03/1977

Legal form

Public limited company

Registered office

Schonekeerstraat 115
8930 Menen · FlandreSee on map

Contributed capital

62 578,64 €

Latest accounts

31/12/2025

Average workforce

34,1 ETP

Joint committees (5)

124
1240
200
200,00
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	3,2 M €	-9.7%	3,5 M €	+1.2%	3,5 M €	+8.7%	3,2 M €	+4.5%	3 M €	+10.6%	2,8 M €	+8.7%	2,5 M €	-17.1%	3,1 M €	+45.6%	2,1 M €	+6.2%	2 M €	-12.6%	2,3 M €	+2.3%	2,2 M €	+16.3%	1,9 M €	+22.2%	1,6 M €	-9.6%	1,7 M €	-16.1%	2,1 M €	+9.6%	1,9 M €	-6.0%	2 M €	+31.9%	1,5 M €	-12.4%	1,7 M €
EBITDA	749,9 k €	-20.8%	947,3 k €	-25.8%	1,3 M €	+34.6%	948,9 k €	-10.0%	1,1 M €	+23.2%	856,3 k €	+17.5%	728,7 k €	-42.1%	1,3 M €	+508%	207,2 k €	-69.3%	675,5 k €	-21.1%	856,5 k €	-4.7%	898,7 k €	+51.5%	593,3 k €	+24.0%	478,5 k €	-21.6%	610,3 k €	-25.6%	820,3 k €	+17.5%	697,9 k €	-16.4%	834,6 k €	+58.2%	527,4 k €	-10.1%	586,6 k €
Operating result	337,6 k €	-51.8%	700,4 k €	-24.3%	924,8 k €	+33.2%	694,5 k €	+2.2%	679,5 k €	+56.5%	434,3 k €	+44.4%	300,7 k €	-57.4%	705,5 k €	+1330%	-57,3 k €	-112%	498,5 k €	-26.4%	677,2 k €	-0.4%	680 k €	+118%	311,7 k €	+75.1%	178 k €	-55.8%	402,3 k €	-30.1%	575,3 k €	+11.1%	517,9 k €	-16.7%	621,5 k €	+98.5%	313,1 k €	-11.6%	354 k €
Net result	189,5 k €	-57.0%	441,1 k €	-24.2%	582,1 k €	+32.5%	439,3 k €	+2.6%	428,1 k €	+49.8%	285,7 k €	+44.0%	198,3 k €	-61.3%	512,5 k €	+490%	-131,5 k €	-150%	264,2 k €	-25.5%	354,4 k €	-6.0%	377,2 k €	+103%	185,5 k €	+94.8%	95,2 k €	-62.5%	253,7 k €	-33.5%	381,5 k €	+24.8%	305,7 k €	-30.5%	439,5 k €	+96.3%	223,9 k €	-20.2%	280,4 k €
Balance sheet
Equity	2,7 M €	+7.5%	2,5 M €	+2.3%	2,5 M €	+12.6%	2,2 M €	-5.8%	2,3 M €	+4.1%	2,2 M €	-3.1%	2,3 M €	+9.5%	2,1 M €	+32.4%	1,6 M €	-7.7%	1,7 M €	+18.2%	1,4 M €	+32.4%	1,1 M €	+556%	166,6 k €	-90.9%	1,8 M €	+5.5%	1,7 M €	+13.3%	1,5 M €	+27.7%	1,2 M €	+23.1%	973,1 k €	+48.3%	656,3 k €	+33.0%	493,6 k €
Total assets	4 M €	+3.6%	3,9 M €	+6.9%	3,6 M €	-4.0%	3,8 M €	+2.3%	3,7 M €	+0.2%	3,7 M €	+1.0%	3,6 M €	+0.7%	3,6 M €	+31.8%	2,7 M €	-4.9%	2,9 M €	-3.2%	3 M €	-1.3%	3 M €	+0.0%	3 M €	-4.5%	3,2 M €	+12.2%	2,8 M €	-1.1%	2,9 M €	+21.3%	2,4 M €	+2.9%	2,3 M €	+20.5%	1,9 M €	-8.0%	2,1 M €
Cash	367,4 k €	+56.0%	235,6 k €	-29.2%	332,7 k €	+11.4%	298,6 k €	-23.7%	391,2 k €	+5.3%	371,6 k €	-24.7%	493,6 k €	-24.0%	649,7 k €	+2.8%	632,2 k €	+95.0%	324,2 k €	-8.3%	353,6 k €	+134%	151,3 k €	-78.1%	691,3 k €	+123%	309,7 k €	-60.7%	787,1 k €	+35.7%	580 k €	+248%	166,7 k €	+112%	78,6 k €	-17.3%	95,1 k €	-20.1%	119 k €
Debts	1,3 M €	-3.9%	1,3 M €	+15.8%	1,1 M €	-27.6%	1,6 M €	+15.7%	1,4 M €	-6.4%	1,5 M €	+9.1%	1,3 M €	-11.2%	1,5 M €	+32.2%	1,1 M €	-0.6%	1,1 M €	-20.3%	1,4 M €	-25.3%	1,9 M €	-32.5%	2,8 M €	+114%	1,3 M €	+23.1%	1,1 M €	-17.9%	1,3 M €	+14.9%	1,1 M €	-8.5%	1,2 M €	+6.5%	1,2 M €	-21.5%	1,5 M €
Other
Workforce	34,1 ETP	-2.3%	34,9 ETP	+5.4%	33,1 ETP	-3.2%	34,2 ETP	+0.9%	33,9 ETP	+4.6%	32,4 ETP	+5.5%	30,7 ETP	-3.2%	31,7 ETP	+15.3%	27,5 ETP	+5.8%	26,0 ETP	-0.8%	26,2 ETP	+0.4%	26,1 ETP	+4.0%	25,1 ETP	+20.7%	20,8 ETP	-11.5%	23,5 ETP	-12.3%	26,8 ETP	+5.1%	25,5 ETP	-2.7%	26,2 ETP	+18.0%	22,2 ETP	-10.1%	24,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

EDHAMIWO

Managing director · since 01 juillet 2023 · until 07 mai 2027 · 0803.480.890

Represented by VERSCHAEVE JAN

Active

Bjorn VERSCHAEVE

Director · since 07 octobre 2022 · until 07 octobre 2028

Active

Steve VERSCHAEVE

Director · since 07 octobre 2022 · until 07 octobre 2028

Active

Ended mandates

EDHAMIWO

Managing director · since 01 juillet 2023 · until 07 mai 2027 · 0803.480.890

Represented by VERSCHAEVE JAN

Ended

Jan VERSCHAEVE

Managing director · since 07 octobre 2022 · until 01 juillet 2023

Ended

Jan VERSCHAEVE

Managing director · since 07 octobre 2022 · until 07 octobre 2028

Ended

VERBAR

Director · since 01 octobre 2021 · until 07 octobre 2022 · 0867.688.259

Represented by VERSCHAEVE DANIEL

Ended

At this address

Other companies at this address

Company	CBE no.
VERBAR● Active	0867.688.259

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	25/07/2025	19/07/2024	11/07/2023	13/06/2022	30/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	10/06/2022	07/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	10/07/2020	21/08/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	02/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	14/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 21 ended

Active mandates

EDHAMIWO

Managing director · since 01 juillet 2023 · until 07 mai 2027 · 0803.480.890

Represented by VERSCHAEVE JAN

Active

Bjorn VERSCHAEVE

Director · since 07 octobre 2022 · until 07 octobre 2028

Active

Steve VERSCHAEVE

Director · since 07 octobre 2022 · until 07 octobre 2028

Active

Ended mandates

EDHAMIWO

Managing director · since 01 juillet 2023 · until 07 mai 2027 · 0803.480.890

Represented by VERSCHAEVE JAN

Ended

Jan VERSCHAEVE

Managing director · since 07 octobre 2022 · until 01 juillet 2023

Ended

Jan VERSCHAEVE

Managing director · since 07 octobre 2022 · until 07 octobre 2028

Ended

VERBAR

Director · since 01 octobre 2021 · until 07 octobre 2022 · 0867.688.259

Represented by VERSCHAEVE DANIEL

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/11/2008
MAATSCHAPPELIJKE ZETEL
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 2025189,5 k €↓
2024
Annual accounts 2024441,1 k €↓
2023
Annual accounts 2023582,1 k €↑
2022
Annual accounts 2022439,3 k €↑
2021
Annual accounts 2021428,1 k €↑
2020
Annual accounts 2020285,7 k €↑
2019
Annual accounts 2019198,3 k €↓
2018
Annual accounts 2018512,5 k €↑
2017
Annual accounts 2017-131,5 k €↓
2016
Annual accounts 2016264,2 k €↓
2015
Annual accounts 2015354,4 k €↓
2014
Annual accounts 2014377,2 k €↑
2013
Annual accounts 2013185,5 k €↑
2012
Annual accounts 201295,2 k €↓
2011
Annual accounts 2011253,7 k €↓
2010
Annual accounts 2010381,5 k €↑
2009
Annual accounts 2009305,7 k €↓
2008
Annual accounts 2008439,5 k €↑
2007
Annual accounts 2007223,9 k €↓
2006
Annual accounts 2006280,4 k €
29/03/1977
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

VERSCHAEVE - CONSTRUCT

Overview

What does VERSCHAEVE - 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