ACTIVE

GROUP A

Financial year 2025 · Closed on 31/12/2025

Net result4 M €+132,6 %over 1 year
Revenue79,7 M €-5,4 %over 1 year
Equity8,2 M €+23,8 %over 1 year
Workforce34,0 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

GROUP A is a Public limited company incorporated in 1977. Its main activity is: Construction of buildings. Its registered office is in Hasselt. It employs on average 34,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.514.724
Incorporation
12/08/1977
Legal form
Public limited company
Registered office
Luikersteenweg 254
3500 Hasselt · FlandreSee on map
Contributed capital
1 170 800,02 €
Latest accounts
31/12/2025
Average workforce
34,0 ETP
Joint committees (4)
  • 100
  • 126
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 30 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue79,7 M €84,3 M €83,8 M €78,3 M €69,3 M €
EBITDA2,6 M €1,7 M €4,8 M €2,4 M €4,2 M €
Operating result1,5 M €321,1 k €4,1 M €2,9 M €3,2 M €
Net result4 M €1,7 M €3,2 M €2,6 M €3,1 M €
Balance sheet
Equity8,2 M €6,6 M €6,9 M €6,7 M €7,1 M €
Total assets28,3 M €30,8 M €30,8 M €31,1 M €26,8 M €
Cash952,4 k €729 k €1,9 M €3,3 M €2,2 M €
Debts19,3 M €23,7 M €23,4 M €23,9 M €19,2 M €
Other
Workforce34,0 ETP33,7 ETP29,4 ETP26,5 ETP25,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 18 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CARECOM0861.564.886Represented by Jean Pierre Filippini
Director29/09/2023 → 04/06/2027
M.D.C.0475.005.040Represented by Michel De Coster
Director29/09/2023 → 04/06/2027
AMVR0759.458.530Represented by Maxim Van Roey
Director25/05/2021 → 05/12/2028
Lumia0712.888.137Represented by Michiel Odeurs
Managing director25/05/2021 → 05/12/2028Director30/01/2019 → 2019 accountsended
Ravot0768.547.133Represented by Nicolas Thiel
Managing director25/05/2021 → 05/12/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michel De Coster
Director08/11/2021 → 2023 accounts
Tovar0768.554.457Represented by Pieter Stroeken
Director25/05/2021 → 2021 accounts
Eugène Alen
Director02/07/2020 → 2020 accounts

Other companies at this address

Luikersteenweg 254 3500 Hasselt
CompanyCBE no.
Belicraft● Active
1007.445.364
BELILIEGE● Active
0526.977.343
B-Frames● Active
0763.902.120
RAMATE INVEST● Active
0887.006.404
Ravot● Active
0768.547.133
Tovar● Active
0768.554.457
TRIO● Active
0476.864.569
Vitrea● Active
0725.469.334

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull 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 date17/07/202603/07/202504/07/202403/07/202329/08/202207/07/2021
General meeting04/06/202604/06/202504/06/202405/06/202306/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 30 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/06/202617/07/2026DutchPDF
Full model31/12/202404/06/202503/07/2025DutchPDF
Consolidated accounts31/12/202404/06/202503/07/2025DutchPDF
Full model31/12/202304/06/202404/07/2024DutchPDF
Consolidated accounts31/12/202304/06/202404/07/2024DutchPDF
Full model31/12/202205/06/202303/07/2023DutchPDF
Consolidated accounts31/12/2022—03/07/2023DutchPDF
Full model31/12/202106/06/202229/08/2022DutchPDF
Consolidated accounts31/12/202130/06/202229/08/2022DutchPDF
Full model31/12/202004/06/202107/07/2021DutchPDF
Consolidated accounts31/12/202004/06/202107/07/2021DutchPDF
Full model31/12/201930/06/202003/08/2020DutchPDF
Consolidated accounts31/12/201913/07/202004/08/2020DutchPDF
Full model31/12/201812/07/201913/07/2019DutchPDF
Full model31/12/201721/08/201827/09/2018DutchPDF
Full modelCorrection31/12/201609/06/201725/07/2017DutchPDF
Full model31/12/201609/06/201722/06/2017DutchPDF
Full model31/12/201504/06/201616/06/2016DutchPDF
Full model31/12/201430/06/201523/07/2015DutchPDF
Full modelCorrection31/12/201304/06/201422/08/2014DutchPDF
Full model31/12/201304/06/201417/06/2014DutchPDF
Full model31/12/201204/06/201326/07/2013DutchPDF
Full model31/12/201129/06/201217/07/2012DutchPDF
Full model31/12/201007/06/201128/06/2011DutchPDF

View all 30 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 18 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CARECOM0861.564.886Represented by Jean Pierre Filippini
Director29/09/2023 → 04/06/2027
M.D.C.0475.005.040Represented by Michel De Coster
Director29/09/2023 → 04/06/2027
AMVR0759.458.530Represented by Maxim Van Roey
Director25/05/2021 → 05/12/2028
Lumia0712.888.137Represented by Michiel Odeurs
Managing director25/05/2021 → 05/12/2028Director30/01/2019 → 2019 accountsended
Ravot0768.547.133Represented by Nicolas Thiel
Managing director25/05/2021 → 05/12/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michel De Coster
Director08/11/2021 → 2023 accounts
Tovar0768.554.457Represented by Pieter Stroeken
Director25/05/2021 → 2021 accounts
Eugène Alen
Director02/07/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2021
    ONTSLAGEN - BENOEMINGEN
    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
Filings19 filings
Mandates
M.D.C.
CARECOM
Lumia
AMVR
Ravot
Michel De Coster
Tovar
Eugène Alen
Narwal
ALEN
Isabelle Alen
Patricia Alen
1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
GROUP ABELISOL
Luikersteenweg 254, 3500 Hasselt
Director
Director
Managing director
Director
Managing director
Director
Managing director
Managing director
Managing director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Luikersteenweg 254, 3500 HasseltCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00305475

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
GROUP ACurrent
accounts 2010 → 2025
Accounts 2025 · 2026-00305475
BELISOL
accounts 2006 → 2008
Accounts 2008 · 2009-55200299

Events

  1. 2025
    Annual accounts 20254 M €↑
  2. 25/09/2025
    nominationCarecom BV · bestuurder
  3. 25/09/2025
    nominationMDC BV · bestuurder
  4. 29/01/2025
    reconductionMichaël Delbeke · commissaris
  5. 2024
    Annual accounts 20241,7 M €↓
  6. 2023
    Annual accounts 20233,2 M €↑
  7. 29/09/2023
    nominationMDC BV · bestuurder
  8. 29/09/2023
    nominationCarecom BV · bestuurder
  9. 2022
    Annual accounts 20222,6 M €↓
  10. 2021
    Annual accounts 20213,1 M €↑
  11. 2020
    Annual accounts 2020-4 M €↓
  12. 2019
    Annual accounts 2019795,2 k €↑
  13. 2018
    Annual accounts 2018307,4 k €↑
  14. 2017
    Annual accounts 2017218,9 k €↓
  15. 2016
    Annual accounts 20167 M €↑
  16. 2015
    Annual accounts 20151,5 M €↓
  17. 2014
    Annual accounts 20141,9 M €↑
  18. 2013
    Annual accounts 20131,2 M €↓
  19. 2012
    Annual accounts 20123,4 M €↓
  20. 2011
    Annual accounts 20114,9 M €↑
  21. 2010
    Annual accounts 20104,3 M €↑
  22. 2010
    Name changeGROUP A
  23. 2008
    Annual accounts 20081,4 M €↑
  24. 2007
    Annual accounts 2007961,5 k €↑
  25. 2006
    Annual accounts 2006834,4 k €
  26. 12/08/1977
    IncorporationPublic limited company