ACTIVE

BODEN

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Financial year 2025 · closed on 31/12/2025

Net result

949 k €

+52.8% YoY

Gross margin

2,4 M €

+39.1% YoY

Equity

5,8 M €

-0.9% YoY

Workforce

14,9 ETP

+21.1% YoY

What does BODEN do?

BODEN is a Private limited company incorporated in 1978. Its main activity is: Construction of roads and motorways. Its registered office is in Essen. It employs on average 14,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.476.014

Incorporation

22/06/1978

Legal form

Private limited company

Registered office

Duiventorenstraat 16
2910 Essen · FlandreSee on map

Contributed capital

37 184,03 €

Latest accounts

31/12/2025

Average workforce

14,9 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 45230Maintenance and repair of motor vehicles 71320Architectural and engineering activities; technical testing and analysis 77320Rental and leasing of construction and civil engineering machinery and equipment 77320Rental and leasing of construction and civil engineering machinery and equipment+6

Joint committees (6)

124
140
14003
145
200
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	2,4 M €	+39.1%	1,7 M €	+1.4%	1,7 M €	-6.0%	1,8 M €	+21.4%	1,5 M €	-26.8%	2,1 M €	-3.2%	2,1 M €	+14.3%	1,9 M €	+21.3%	1,5 M €	+33.8%	1,1 M €	+0.1%	1,1 M €	-6.1%	1,2 M €	-2.3%	1,2 M €	-29.0%	1,8 M €	+6.0%	1,7 M €	-30.3%	2,4 M €	+24.2%	1,9 M €	-11.2%	2,2 M €	+17.6%	1,8 M €	+11.9%	1,6 M €
EBITDA	1,3 M €	+48.8%	900 k €	+6.5%	845 k €	+2.2%	826,8 k €	+25.6%	658,2 k €	-42.3%	1,1 M €	-7.6%	1,2 M €	+33.9%	920,8 k €	+51.5%	607,7 k €	+171%	224 k €	-11.5%	253,1 k €	-21.2%	321,1 k €	-16.6%	384,9 k €	-55.8%	870,3 k €	+12.6%	772,8 k €	-48.7%	1,5 M €	+42.5%	1,1 M €	-22.6%	1,4 M €	+34.8%	1 M €	+37.7%	735,4 k €
Operating result	1,2 M €	+54.3%	793,9 k €	+3.2%	769,4 k €	+12.9%	681,3 k €	+55.7%	437,6 k €	-50.9%	891,1 k €	+0.3%	888,3 k €	+38.5%	641,4 k €	+55.5%	412,6 k €	+1022%	36,8 k €	+78.2%	20,6 k €	-68.1%	64,8 k €	+212%	20,7 k €	-94.9%	402,9 k €	+143%	165,7 k €	-76.8%	715,2 k €	+95.8%	365,2 k €	-38.8%	597 k €	+59.8%	373,7 k €	+92.6%	194 k €
Net result	949 k €	+52.8%	621 k €	+3.6%	599,2 k €	+15.8%	517,5 k €	+58.2%	327,1 k €	-51.3%	671,9 k €	+5.0%	640 k €	+34.9%	474,5 k €	+71.4%	276,8 k €	+845%	29,3 k €	-38.2%	47,4 k €	-32.5%	70,2 k €	-30.6%	101,2 k €	-69.1%	327,2 k €	+35.7%	241,2 k €	-54.5%	529,5 k €	+57.1%	337 k €	-25.2%	450,4 k €	+34.7%	334,4 k €	+77.3%	188,6 k €
Balance sheet
Equity	5,8 M €	-0.9%	5,8 M €	+11.9%	5,2 M €	+13.0%	4,6 M €	+12.7%	4,1 M €	+8.7%	3,8 M €	+21.8%	3,1 M €	+26.2%	2,4 M €	-29.5%	3,5 M €	+8.7%	3,2 M €	+0.9%	3,2 M €	+1.5%	3,1 M €	+2.3%	3 M €	-22.8%	3,9 M €	+9.0%	3,6 M €	+7.1%	3,4 M €	+17.5%	2,9 M €	+13.3%	2,5 M €	+21.6%	2,1 M €	+18.1%	1,8 M €
Total assets	6,5 M €	-0.5%	6,5 M €	+14.1%	5,7 M €	+10.0%	5,2 M €	+9.7%	4,7 M €	+7.5%	4,4 M €	+9.1%	4 M €	-18.0%	4,9 M €	+17.7%	4,2 M €	+11.4%	3,8 M €	-2.7%	3,9 M €	-0.6%	3,9 M €	-1.6%	3,9 M €	-21.2%	5 M €	+0.2%	5 M €	+6.3%	4,7 M €	+27.3%	3,7 M €	+13.3%	3,3 M €	+9.0%	3 M €	+11.0%	2,7 M €
Cash	1,5 M €	-8.3%	1,6 M €	+101%	799,7 k €	-69.1%	2,6 M €	+26.6%	2 M €	-27.0%	2,8 M €	+5.1%	2,7 M €	+21.6%	2,2 M €	+15.8%	1,9 M €	+19.0%	1,6 M €	-23.7%	2,1 M €	+5.0%	2 M €	+17.9%	1,7 M €	-23.6%	2,2 M €	+18.0%	1,9 M €	+1.0%	1,9 M €	+148%	747,8 k €	+57.3%	475,4 k €	+56.2%	304,3 k €	+9.5%	277,9 k €
Debts	723,9 k €	+2.9%	703,3 k €	+36.0%	517,1 k €	-13.1%	594,9 k €	-8.5%	650 k €	+0.9%	644 k €	-32.1%	948 k €	-61.6%	2,5 M €	+250%	705,9 k €	+28.0%	551,3 k €	-19.0%	680,9 k €	-8.9%	747,3 k €	-12.7%	856 k €	-15.1%	1 M €	-24.1%	1,3 M €	+4.4%	1,3 M €	+60.9%	790,6 k €	+13.6%	695,9 k €	-20.6%	876,2 k €	+1.1%	866,5 k €
Other
Workforce	14,9 ETP	+21.1%	12,3 ETP	-3.9%	12,8 ETP	-11.1%	14,4 ETP	0.0%	14,4 ETP	-4.6%	15,1 ETP	-3.2%	15,6 ETP	-3.7%	16,2 ETP	+2.5%	15,8 ETP	-6.0%	16,8 ETP	-2.3%	17,2 ETP	0.0%	17,2 ETP	+9.6%	15,7 ETP	-6.5%	16,8 ETP	0.0%	16,8 ETP	-0.6%	16,9 ETP	+0.6%	16,8 ETP	+9.1%	15,4 ETP	-9.9%	17,1 ETP	-13.6%	19,8 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 · 2 active · 1 ended

Active mandates

Joannes Boden

Director · since 01 septembre 2022

Active

Jozef Boden

Director

Active

Ended mandates

Jozef Boden

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Gebroeders Boden● Active	0453.897.741

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	07/03/2026	14/04/2025	29/02/2024	28/02/2023	04/03/2022	21/06/2021
General meeting	17/02/2026	25/03/2025	10/02/2024	31/01/2023	20/02/2022	02/06/2021
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	17/02/2026	07/03/2026	Dutch	PDF
Abridged model	31/12/2024	25/03/2025	14/04/2025	Dutch	PDF
Abridged model	31/12/2023	10/02/2024	29/02/2024	Dutch	PDF
Abridged model	31/12/2022	31/01/2023	28/02/2023	Dutch	PDF
Abridged model	31/12/2021	20/02/2022	04/03/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	21/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	10/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/04/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	04/04/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/04/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/04/2010	09/07/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	02/04/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2008	02/04/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/04/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/04/2007	20/07/2007	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 · 2 active · 1 ended

Active mandates

Joannes Boden

Director · since 01 septembre 2022

Active

Jozef Boden

Director

Active

Ended mandates

Jozef Boden

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/12/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025949 k €↑
2024
Annual accounts 2024621 k €↑
2023
Annual accounts 2023599,2 k €↑
2022
Annual accounts 2022517,5 k €↑
2021
Annual accounts 2021327,1 k €↓
2020
Annual accounts 2020671,9 k €↑
2019
Annual accounts 2019640 k €↑
2018
Annual accounts 2018474,5 k €↑
2017
Annual accounts 2017276,8 k €↑
2016
Annual accounts 201629,3 k €↓
2015
Annual accounts 201547,4 k €↓
2014
Annual accounts 201470,2 k €↓
2013
Annual accounts 2013101,2 k €↓
2012
Annual accounts 2012327,2 k €↑
2011
Annual accounts 2011241,2 k €↓
2010
Annual accounts 2010529,5 k €↑
2009
Annual accounts 2009337 k €↓
2008
Annual accounts 2008450,4 k €↑
2007
Annual accounts 2007334,4 k €↑
2006
Annual accounts 2006188,6 k €
22/06/1978
IncorporationPrivate 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

BODEN

Overview

What does BODEN 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