ACTIVE

S2P Build

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Financial year 2025 · Closed on 31/12/2025

Net result139,9 k €+1,0 %over 1 year

Gross margin145,4 k €+2,9 %over 1 year

Equity184,6 k €+0,5 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

S2P Build is a Public limited company incorporated in 1983. Its main activity is: Buying and selling of own real estate. Its registered office is in Herselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0423.786.862
Incorporation: 09/02/1983
Legal form: Public limited company
Registered office: Wezel 4
2230 Herselt · FlandreSee on map
Contributed capital: 109 100,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 64200Activities of holding companies 64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	145,4 k €	+2.9%	141,3 k €	-9.1%	155,5 k €	-67.5%	477,8 k €	+1451%	30,8 k €
EBITDA	141,1 k €	+0.8%	140 k €	-4.6%	146,8 k €	-68.4%	465,2 k €	+2577%	17,4 k €
Operating result	140,4 k €	+0.8%	139,3 k €	-4.7%	146,1 k €	-68.4%	462,9 k €	+28970%	-1,6 k €
Net result	139,9 k €	+1.0%	138,5 k €	-3.2%	143,1 k €	-57.9%	340,1 k €	+18380%	-1,9 k €
Balance sheet
Equity	184,6 k €	+0.5%	183,7 k €	-80.3%	932,2 k €	+0.0%	932,1 k €	-21.8%	1,2 M €
Total assets	418,5 k €	-68.3%	1,3 M €	-19.1%	1,6 M €	+53.6%	1,1 M €	-12.1%	1,2 M €
Cash	50,7 k €	+185%	17,8 k €	-66.9%	53,8 k €	-92.4%	708 k €	+3.2%	685,9 k €
Debts	140,9 k €	-86.4%	1 M €	+73.8%	597,7 k €	+362%	129,4 k €	+713%	15,9 k €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
S2P INVEST0784.375.256Represented by Stefanie Papen	DirectorManaging directorlisted until the 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dave Bos	Managing director01/06/2016 → 01/06/2022
Ilse Ivens	Director01/06/2016 → 01/06/2022

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	04/06/2026	16/07/2025	24/07/2024	17/07/2023	14/07/2022	09/06/2021
General meeting	01/06/2026	02/06/2025	28/06/2024	30/06/2023	30/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	14/07/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	09/06/2021	Dutch	PDF
Micro model	31/12/2019	20/03/2020	20/04/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	18/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	01/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	18/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	07/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	12/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
S2P INVEST0784.375.256Represented by Stefanie Papen	DirectorManaging directorlisted until the 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dave Bos	Managing director01/06/2016 → 01/06/2022
Ilse Ivens	Director01/06/2016 → 01/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2016
Herbenoeming bestuurders
PDF
Mandates08/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2004
ONTSLAGEN - BENOEMINGEN
PDF
Other16/04/2003
DIVERSEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

S2P INVEST

Ilse Ivens

Lea Van Bael

Dave Bos

19831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

S2P BuildAlgemene Ondernemingen Bos

Wezel 4, 2230 Herselt

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wezel 4, 2230 HerseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00137711

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
S2P BuildCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00137711
Algemene Ondernemingen Bos	accounts 2021 → 2022	Accounts 2022 · 2023-00241463

Events

2025
Annual accounts 2025139,9 k €↑
2024
Annual accounts 2024138,5 k €↓
2023
Annual accounts 2023143,1 k €↓
2023
Name changeS2P Build
2022
Annual accounts 2022340,1 k €↑
2021
Annual accounts 2021-1,9 k €↓
2020
Annual accounts 202014,9 k €↑
2019
Annual accounts 2019-13,2 k €↑
2018
Annual accounts 2018-15,6 k €↓
2017
Annual accounts 201733,2 k €↑
2016
Annual accounts 2016-11 k €↓
2015
Annual accounts 20156,5 k €↓
2014
Annual accounts 201434,7 k €↑
2013
Annual accounts 201333,6 k €↑
2012
Annual accounts 201226,4 k €↓
2011
Annual accounts 201173,1 k €↑
2010
Annual accounts 201065,3 k €↓
2009
Annual accounts 200982,4 k €↑
2008
Annual accounts 200847 k €↓
2007
Annual accounts 200752,9 k €↑
2006
Annual accounts 200642,2 k €
09/02/1983
IncorporationPublic limited company

S2P Build

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events