ACTIVE

DELOCONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

221,5 k €

-1.6% YoY

Gross margin

62,4 k €

-17.6% YoY

Equity

2,3 M €

+10.8% YoY

What does DELOCONSTRUCT do?

DELOCONSTRUCT is a Public limited company incorporated in 1988. Its main activity is: Development of building projects. Its registered office is in Tielt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.164.377

Incorporation

29/04/1988

Legal form

Public limited company

Registered office

Gentstraat 122
8760 Tielt · FlandreSee on map

Contributed capital

1 426 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	62,4 k €	-17.6%	75,7 k €	+15.2%	65,7 k €	+140%	27,4 k €	-14.4%	32,0 k €	+158%	12,4 k €	-19.1%	15,3 k €	-48.1%	29,6 k €	-35.8%	46,0 k €	-32.5%	68,2 k €	+39.2%	48,9 k €	+3.2%	47,4 k €	+0.1%	47,4 k €	-23.2%	61,7 k €	+25.4%	49,1 k €	-39.5%	81,3 k €	+204%	26,8 k €	-27.1%	36,7 k €	+20.7%	30,4 k €	-81.0%	160,3 k €
EBITDA	58,9 k €	-18.5%	72,3 k €	+16.8%	61,9 k €	+156%	24,1 k €	-13.4%	27,9 k €	+216%	8,8 k €	-26.8%	12,1 k €	-54.4%	26,5 k €	-38.4%	42,9 k €	-34.1%	65,2 k €	+42.6%	45,7 k €	+4.4%	43,8 k €	-0.2%	43,9 k €	-25.6%	59,0 k €	+27.6%	46,2 k €	-40.8%	78,1 k €	+242%	22,9 k €	-28.9%	32,2 k €	+16.2%	27,7 k €	-82.3%	156,6 k €
Operating result	50,4 k €	-20.7%	63,6 k €	+20.4%	52,8 k €	+257%	14,8 k €	-18.5%	18,1 k €	+200%	-18,1 k €	-21.4%	-14,9 k €	-1147%	-1,2 k €	-108%	15,2 k €	-59.7%	37,8 k €	+6.8%	35,4 k €	+66.9%	21,2 k €	+0.1%	21,2 k €	-40.7%	35,7 k €	+56.5%	22,8 k €	-58.2%	54,6 k €	+506%	9,0 k €	-17.5%	10,9 k €	+49.0%	7,3 k €	-94.9%	144,7 k €
Net result	221,5 k €	-1.6%	225,0 k €	+454%	40,6 k €	+534%	6,4 k €	-72.1%	22,9 k €	+223%	-18,6 k €	-18.1%	-15,7 k €	-1720%	-865,3 €	-105%	16,3 k €	-58.3%	39,2 k €	-4.6%	41,1 k €	+38.6%	29,6 k €	-36.5%	46,7 k €	-37.0%	74,1 k €	+16.1%	63,8 k €	-31.5%	93,2 k €	+34.3%	69,4 k €	+6.1%	65,4 k €	+2.1%	64,1 k €	-53.9%	139,1 k €
Balance sheet
Equity	2,3 M €	+10.8%	2,1 M €	+12.3%	1,8 M €	+2.3%	1,8 M €	+0.4%	1,8 M €	+1.3%	1,8 M €	-1.0%	1,8 M €	-0.9%	1,8 M €	-0.0%	1,8 M €	+0.9%	1,8 M €	+2.2%	1,7 M €	+2.4%	1,7 M €	+14.5%	1,5 M €	-20.5%	1,9 M €	+4.1%	1,8 M €	+3.7%	1,7 M €	+5.7%	1,6 M €	+4.4%	1,6 M €	+4.4%	1,5 M €	+4.4%	1,4 M €
Total assets	2,5 M €	+5.0%	2,4 M €	+30.2%	1,8 M €	+2.4%	1,8 M €	+0.4%	1,8 M €	+0.7%	1,8 M €	-1.1%	1,8 M €	-0.5%	1,8 M €	+0.1%	1,8 M €	+0.8%	1,8 M €	+2.3%	1,8 M €	+2.3%	1,7 M €	-11.0%	1,9 M €	+2.5%	1,9 M €	+3.3%	1,8 M €	+3.7%	1,8 M €	+6.0%	1,7 M €	+4.6%	1,6 M €	-7.4%	1,7 M €	+11.5%	1,5 M €
Cash	758,1 k €	+0.3%	756,2 k €	+46.5%	516,0 k €	-2.4%	528,9 k €	-19.5%	656,8 k €	-34.8%	1,0 M €	-20.0%	1,3 M €	-6.3%	1,3 M €	+0.5%	1,3 M €	+1.4%	1,3 M €	-1.9%	1,3 M €	+4.1%	1,3 M €	-11.9%	1,5 M €	+78.1%	824,5 k €	+175%	300,2 k €	-48.4%	581,4 k €	+526%	92,9 k €	+79.3%	51,8 k €	+122%	23,3 k €	-53.3%	50,0 k €
Debts	5,8 k €	+92.3%	3,0 k €	-66.6%	9,1 k €	+31.3%	6,9 k €	+1.4%	6,8 k €	-58.8%	16,5 k €	-2.0%	16,9 k €	+65.3%	10,2 k €	+28.2%	8,0 k €	-21.7%	10,2 k €	+8.6%	9,4 k €	-11.0%	10,5 k €	-97.6%	438,4 k €	+5942%	7,3 k €	-65.3%	20,9 k €	+5.9%	19,7 k €	+51.0%	13,1 k €	+40.7%	9,3 k €	-95.4%	200,9 k €	+126%	88,7 k €
Other
Workforce	–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

DELINVEST

Managing director · since 24 juin 2023 · until 30 juin 2029 · 0430.964.070

Represented by Jean-Claude COEMAN

Active

Gilles Coeman

Director · since 24 juin 2023 · until 30 juin 2029

Active

Thibauld COEMAN

Director · since 24 juin 2023 · until 30 juin 2029

Active

Ended mandates

DELINVEST

Managing director · since 24 juin 2023 · until 30 juin 2029 · 0430.964.070

Represented by Jean-Claude Coeman

Ended

DELINVEST

Managing director · since 03 avril 2018 · until 24 juin 2023 · 0430.964.070

Represented by Jean-Claude COEMAN

Ended

Gilles Coeman

Director · since 03 avril 2018 · until 30 juin 2029

Ended

Gilles COEMAN

Director · since 03 avril 2018 · until 24 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
DELINVEST● Active	0430.964.070
Lideho● Active	0725.991.649

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	31/07/2025	30/08/2024	25/07/2023	30/06/2022	30/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	05/05/2022	26/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	05/05/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	12/08/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 16 ended

Active mandates

DELINVEST

Managing director · since 24 juin 2023 · until 30 juin 2029 · 0430.964.070

Represented by Jean-Claude COEMAN

Active

Gilles Coeman

Director · since 24 juin 2023 · until 30 juin 2029

Active

Thibauld COEMAN

Director · since 24 juin 2023 · until 30 juin 2029

Active

Ended mandates

DELINVEST

Managing director · since 24 juin 2023 · until 30 juin 2029 · 0430.964.070

Represented by Jean-Claude Coeman

Ended

DELINVEST

Managing director · since 03 avril 2018 · until 24 juin 2023 · 0430.964.070

Represented by Jean-Claude COEMAN

Ended

Gilles Coeman

Director · since 03 avril 2018 · until 30 juin 2029

Ended

Gilles COEMAN

Director · since 03 avril 2018 · until 24 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2004
ONTSLAGEN - BENOEMINGEN
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 2025221,5 k €↓
2024
Annual accounts 2024225,0 k €↑
2023
Annual accounts 202340,6 k €↑
2022
Annual accounts 20226,4 k €↓
2021
Annual accounts 202122,9 k €↑
2020
Annual accounts 2020-18,6 k €↓
2019
Annual accounts 2019-15,7 k €↓
2018
Annual accounts 2018-865,3 €↓
2017
Annual accounts 201716,3 k €↓
2016
Annual accounts 201639,2 k €↓
2015
Annual accounts 201541,1 k €↑
2014
Annual accounts 201429,6 k €↓
2013
Annual accounts 201346,7 k €↓
2012
Annual accounts 201274,1 k €↑
2011
Annual accounts 201163,8 k €↓
2010
Annual accounts 201093,2 k €↑
2009
Annual accounts 200969,4 k €↑
2008
Annual accounts 200865,4 k €↑
2007
Annual accounts 200764,1 k €↓
2006
Annual accounts 2006139,1 k €
29/04/1988
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

DELOCONSTRUCT

Overview

What does DELOCONSTRUCT 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