ACTIVE

URBES CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

187,9 k €

+103.1% YoY

Revenue

3,9 M €

-0.3% YoY

Equity

1,5 M €

+14.4% YoY

Workforce

6,5 ETP

-52.2% YoY

What does URBES CONSTRUCT do?

URBES CONSTRUCT is a Public limited company incorporated in 1979. Its main activity is: Construction of buildings. Its registered office is in Wevelgem. It employs on average 6,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.962.686

Incorporation

19/12/1979

Legal form

Public limited company

Registered office

Nijverheidslaan 4a
8560 Wevelgem · FlandreSee on map

Contributed capital

76 535,87 €

Latest accounts

31/12/2025

Average workforce

6,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41003Construction of buildings 41203Construction of residential and non-residential buildings

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010		2009		2008		2007		2006
Income statement
Revenue	3,9 M €	-0.3%	4 M €	-40.5%	6,6 M €	-27.6%	9,2 M €	+12.8%	8,1 M €	-14.0%	9,5 M €	+6.0%	8,9 M €	-19.6%	11,1 M €	-24.7%	14,7 M €	+34.9%	10,9 M €	+32.9%	8,2 M €	-24.9%	10,9 M €	+15.6%	9,5 M €	-0.5%	9,5 M €	+8.9%	8,7 M €	-29.5%	12,4 M €	-22.3%	16 M €	+69.0%	9,4 M €
EBITDA	303,7 k €	+58.8%	191,2 k €	-59.3%	470,1 k €	-59.0%	1,1 M €	+7.4%	1,1 M €	+94.5%	549,3 k €	-46.2%	1 M €	-23.1%	1,3 M €	-39.7%	2,2 M €	+251%	628 k €	-52.8%	1,3 M €	-18.0%	1,6 M €	+50.2%	1,1 M €	-47.5%	2,1 M €	+79.8%	1,1 M €	-54.7%	2,5 M €	-8.1%	2,7 M €	+91.8%	1,4 M €
Operating result	238,4 k €	+119%	108,8 k €	-64.1%	303,2 k €	-65.7%	885,2 k €	+4.0%	851,4 k €	+203%	281,3 k €	-58.7%	680,3 k €	-40.9%	1,2 M €	-41.3%	2 M €	+393%	398,2 k €	-50.8%	809,8 k €	-47.5%	1,5 M €	+60.3%	961,1 k €	-50.0%	1,9 M €	+96.4%	979,7 k €	-56.9%	2,3 M €	-8.3%	2,5 M €	+117%	1,1 M €
Net result	187,9 k €	+103%	92,5 k €	-64.8%	262,8 k €	-61.9%	689,7 k €	+5.2%	655,8 k €	+187%	228,5 k €	-52.0%	476,3 k €	-43.5%	842,6 k €	-37.3%	1,3 M €	+360%	291,8 k €	-58.4%	701,5 k €	-37.1%	1,1 M €	+47.0%	758,5 k €	-49.6%	1,5 M €	+69.8%	886,1 k €	-48.7%	1,7 M €	+4.0%	1,7 M €	+108%	796,9 k €
Balance sheet
Equity	1,5 M €	+14.4%	1,3 M €	-31.3%	1,9 M €	-59.6%	4,7 M €	+17.2%	4 M €	+19.5%	3,4 M €	-34.5%	5,1 M €	+10.2%	4,7 M €	-52.8%	9,9 M €	+15.8%	8,5 M €	+3.6%	8,2 M €	+5.5%	7,8 M €	+84.3%	4,2 M €	+21.9%	3,5 M €	-36.5%	5,5 M €	+19.3%	4,6 M €	+11.6%	4,1 M €	+14.2%	3,6 M €
Total assets	2,4 M €	-5.0%	2,5 M €	-13.0%	2,9 M €	-53.3%	6,2 M €	+3.2%	6 M €	-23.2%	7,8 M €	+13.5%	6,9 M €	-11.9%	7,8 M €	-37.1%	12,4 M €	+9.9%	11,3 M €	+3.7%	10,9 M €	+10.1%	9,9 M €	+48.5%	6,6 M €	+22.5%	5,4 M €	-32.4%	8 M €	-4.0%	8,4 M €	-19.4%	10,4 M €	+5.6%	9,8 M €
Cash	88,4 k €	+399%	17,7 k €	-91.3%	204,6 k €	-91.8%	2,5 M €	+78.4%	1,4 M €	-56.3%	3,2 M €	-5.6%	3,4 M €	-20.3%	4,2 M €	-23.0%	5,5 M €	+32.2%	4,2 M €	+12.2%	3,7 M €	-38.0%	6 M €	+280%	1,6 M €	-24.6%	2,1 M €	+205%	686,6 k €	+292%	175,2 k €	-96.2%	4,6 M €	+107%	2,2 M €
Debts	838,2 k €	-26.2%	1,1 M €	+30.6%	869,1 k €	-33.6%	1,3 M €	-5.2%	1,4 M €	-63.6%	3,8 M €	+139%	1,6 M €	-46.5%	3 M €	+34.4%	2,2 M €	-10.9%	2,5 M €	+2.6%	2,4 M €	+38.2%	1,8 M €	-23.1%	2,3 M €	+22.2%	1,9 M €	-2.3%	1,9 M €	-44.6%	3,4 M €	-42.9%	6 M €	+0.2%	6 M €
Other
Workforce	6,5 ETP	-52.2%	13,6 ETP	-14.5%	15,9 ETP	-6.5%	17,0 ETP	-17.5%	20,6 ETP	-26.2%	27,9 ETP	-17.9%	34,0 ETP	-3.7%	35,3 ETP	+1.1%	34,9 ETP	-14.5%	40,8 ETP	-1.0%	41,2 ETP	+10.2%	37,4 ETP	+1.1%	37,0 ETP	-6.3%	39,5 ETP	+5.3%	37,5 ETP	-2.8%	38,6 ETP	-5.9%	41,0 ETP	-0.7%	41,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

Ann Raes

Director · since 06 septembre 2023 · until 16 juin 2029

Active

J.M.A. GROUP

Managing director · since 06 septembre 2023 · until 16 juin 2029 · 0472.095.337

Represented by Stijn Romel

Active

Jan Romel

Managing director · since 06 septembre 2023 · until 16 juin 2029

Active

Ended mandates

J.M.A. GROUP

Managing director · since 06 septembre 2023 · until 16 juin 2029 · 0472.095.337

Represented by Stijn ROMEL

Ended

Ann Raes

Director · since 16 juin 2018 · until 15 juin 2024

Ended

J.M.A. GROUP

Managing director · since 16 juin 2018 · until 15 juin 2024 · 0472.095.337

Represented by Romel STIJN

Ended

Jan Romel

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

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	17/07/2026	29/08/2025	29/05/2024	19/07/2023	30/08/2022	26/08/2021
General meeting	20/06/2026	31/07/2025	08/05/2024	13/06/2023	31/07/2022	10/07/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	17/07/2026	Dutch	PDF
Full model	31/12/2024	31/07/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	08/05/2024	29/05/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	31/07/2022	30/08/2022	Dutch	PDF
Full model	31/12/2020	10/07/2021	26/08/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	16/07/2020	Dutch	PDF
Full model	31/12/2018	15/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	19/06/2018	Dutch	PDF
Full model	31/12/2016	17/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	15/05/2014	27/05/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	19/06/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	17/07/2012	Dutch	PDF
Full model	31/12/2010	18/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	16/09/2010	30/09/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	26/08/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	04/07/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 20 ended

Active mandates

Ann Raes

Director · since 06 septembre 2023 · until 16 juin 2029

Active

J.M.A. GROUP

Managing director · since 06 septembre 2023 · until 16 juin 2029 · 0472.095.337

Represented by Stijn Romel

Active

Jan Romel

Managing director · since 06 septembre 2023 · until 16 juin 2029

Active

Ended mandates

J.M.A. GROUP

Managing director · since 06 septembre 2023 · until 16 juin 2029 · 0472.095.337

Represented by Stijn ROMEL

Ended

Ann Raes

Director · since 16 juin 2018 · until 15 juin 2024

Ended

J.M.A. GROUP

Managing director · since 16 juin 2018 · until 15 juin 2024 · 0472.095.337

Represented by Romel STIJN

Ended

Jan Romel

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/09/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates21/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/04/2015
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring04/03/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025187,9 k €↑
2024
Annual accounts 202492,5 k €↓
2024
Name changeURBES Construct
2023
Annual accounts 2023262,8 k €↓
2022
Annual accounts 2022689,7 k €↑
2021
Annual accounts 2021655,8 k €↑
2021
Name changeRomel Bouwbedrijf
2020
Annual accounts 2020228,5 k €↓
2019
Annual accounts 2019476,3 k €↓
2018
Annual accounts 2018842,6 k €↓
2017
Annual accounts 20171,3 M €↑
2016
Annual accounts 2016291,8 k €↓
2015
Annual accounts 2015701,5 k €↓
2014
Annual accounts 20141,1 M €↑
2011
Annual accounts 2011758,5 k €↓
2010
Annual accounts 20101,5 M €↑
2009
Annual accounts 2009886,1 k €↓
2008
Annual accounts 20081,7 M €↑
2007
Annual accounts 20071,7 M €↑
2006
Annual accounts 2006796,9 k €
19/12/1979
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

URBES CONSTRUCT

Overview

What does URBES CONSTRUCT do?

Trend over 18 financial years

Indicative valuation

Board of directors

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